According to a market report by Lucintel, the future of the global dioctyl terephthalate market looks promising with opportunities in the consumer good, wire & cable, film & sheet, coated fabric, medical device, automotive part, flooring, and gasket markets. The global dioctyl terephthalate market is expected to grow with a CAGR of 8.4% from 2024 to 2030. The major drivers for this market are growing need for PVC-based materials in automotive and construction applications, move toward more ecologically friendly and sustainable solutions, as well as, high performance characteristics of the chemical, including its low toxicity and good electrical insulating qualities.
A more than 150-page report to understand trends, opportunity and forecast in dioctyl terephthalate market to 2030 by product type (content 99.5%, content 99%, content 98%, and content 96%), application (consumer good , wire & cable, film & sheet, coated fabric, medical device, automotive part, flooring, gasket, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product type category, content 99% is expected to witness the highest growth over the forecasts period due to superior performance and wide range of applications.
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In terms of regions, APAC is expected to witness the highest growth over the forecasts period due to rapid rise in industrialization, as well as, growing demand for consumer products in China, India, and Japan.
Penta Manufacturing, OXEA, Nan Ya Plastics, BASF, Hanwha Chemical, GrupaAzoty, Merck are the major suppliers in the dioctyl terephthalate market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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