Dioctyl Adipate Market Analysis

Application (Polymer, Rubber, Paint)

The global dioctyl adipate market is segmented and analyzed for demand and supply by application into polymer, rubber, paint, and others. Out of the four types of, the rubber segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the growing usage of rubber across all end markets. For instance, rubber may be readily moulded into a variety of forms and sizes. Further, rubber is used in pipelines, gardening tools and so on. It is also used in a wide variety of products, including tubes, tyres, toys, clothes, tyres for cars and aeroplanes, medical equipment, and surgical gloves, and industrial items. Moreover, dioctyl adipate is a key component of rubber industry plasticizers. It can give products remarkable suppleness at low temperatures. Furthermore, it is also used as an additive in the manufacturing process of rubber. As of 2023, global consumption of natural rubber is expected to reach over 15 million tonnes.

End-user (Packaging, Cable, Wiring, Consumer Goods, Medical Applications, Wall Coverings & Flooring)

The global dioctyl adipate market is also segmented and analyzed for demand and supply by end-user into packaging, cable and wiring, consumer goods, medical applications, wall coverings & flooring, and others. Amongst these six segments, the consumer goods segment is expected to garner a significant share. The growth can be attributed to rising disposable income of consumers across the globe. In consumer products, dioctyl adipate is utilized as a non-flammable solvent, which can be found in a variety of finished goods, such as hoses, floor coverings, paints, varnishes, waterproof membranes, and PVC soles for shoes and slippers. Further, DOA is also a significant component of PVC outside pipes, imitation paper, door mats, and synthetic leather.

Our in-depth analysis of the global market includes the following segments: