Product Code: ETC4476805 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India diisononyl phthalate (DINP) market import shipment demonstrated robust growth with a notable CAGR from 2020 to 2024. Particularly striking was the accelerated momentum between 2023 and 2024, indicating a significant surge in demand. Overall, the market expanded dynamically, showcasing a strong upward trend.
The India DINP market is influenced by the demand for phthalate-free plasticizers in industries like automotive, packaging, and consumer goods. DINP serves as a suitable alternative to traditional phthalate plasticizers, and its adoption is increasing as companies prioritize environmentally friendly solutions.
The DINP market in India is influenced by its use as a plasticizer in various applications, especially in the production of flexible PVC products. The expanding automotive and construction sectors are increasing the demand for DINP in the manufacturing of flexible vinyl materials, such as cables, hoses, and flooring.
The DINP market in India faces significant challenges. One of the primary concerns is the increasing regulatory scrutiny on phthalates, including DINP, due to their potential health and environmental risks. Compliance with evolving regulations and the development of safer alternatives are crucial challenges for the industry. Additionally, market players need to address consumer awareness and demand for eco-friendly and non-toxic plasticizers, which can influence product choice. DINP manufacturers also need to navigate the issue of price volatility in raw materials, as this can impact production costs and pricing for end-users. Balancing performance, cost, and regulatory compliance remains a persistent challenge.
The India DINP market was negatively impacted by the COVID-19 pandemic. As the automotive industry, a major consumer of DINP, faced a severe slowdown, the demand for this plasticizer decreased. Supply chain disruptions and logistical challenges further added to the market`s woes. The lockdown measures led to reduced production and consumption of plastic products in various sectors, including automotive and construction, resulting in a significant drop in DINP sales. As industries gradually recover, the DINP market is expected to rebound, although the pace of recovery may vary across sectors.
Prominent companies in the India diisononyl phthalate market include LG Chem, Aekyung Petrochemical, Nan Ya Plastics, and UPC Technology Corporation. They supply DINP for use as a plasticizer in various applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Diisononyl Phthalate (DINP) Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Diisononyl Phthalate (DINP) Market Revenues & Volume, 2021 & 2031F |
3.3 India Diisononyl Phthalate (DINP) Market - Industry Life Cycle |
3.4 India Diisononyl Phthalate (DINP) Market - Porter's Five Forces |
3.5 India Diisononyl Phthalate (DINP) Market Revenues & Volume Share, By Polymer Type, 2021 & 2031F |
3.6 India Diisononyl Phthalate (DINP) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Diisononyl Phthalate (DINP) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly plasticizers due to increasing environmental concerns and regulations |
4.2.2 Rising adoption of diisononyl phthalate (DINP) in various end-use industries such as automotive, construction, and packaging |
4.2.3 Shift towards bio-based and sustainable plasticizers driving innovation and market expansion |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of DINP |
4.3.2 Stringent regulations related to the use of phthalates in consumer products |
4.3.3 Competition from alternative plasticizers such as dioctyl terephthalate (DOTP) and adipates |
5 India Diisononyl Phthalate (DINP) Market Trends |
6 India Diisononyl Phthalate (DINP) Market, By Types |
6.1 India Diisononyl Phthalate (DINP) Market, By Polymer Type |
6.1.1 Overview and Analysis |
6.1.2 India Diisononyl Phthalate (DINP) Market Revenues & Volume, By Polymer Type, 2021-2031F |
6.1.3 India Diisononyl Phthalate (DINP) Market Revenues & Volume, By PVC, 2021-2031F |
6.1.4 India Diisononyl Phthalate (DINP) Market Revenues & Volume, By Acrylics, 2021-2031F |
6.1.5 India Diisononyl Phthalate (DINP) Market Revenues & Volume, By Polyurethanes, 2021-2031F |
6.2 India Diisononyl Phthalate (DINP) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Diisononyl Phthalate (DINP) Market Revenues & Volume, By Flooring & wall covering, 2021-2031F |
6.2.3 India Diisononyl Phthalate (DINP) Market Revenues & Volume, By Wires & cables, 2021-2031F |
6.2.4 India Diisononyl Phthalate (DINP) Market Revenues & Volume, By Films & sheets, 2021-2031F |
6.2.5 India Diisononyl Phthalate (DINP) Market Revenues & Volume, By Coated fabrics, 2021-2031F |
6.2.6 India Diisononyl Phthalate (DINP) Market Revenues & Volume, By Consumer goods, 2021-2031F |
6.2.7 India Diisononyl Phthalate (DINP) Market Revenues & Volume, By Others, 2021-2031F |
7 India Diisononyl Phthalate (DINP) Market Import-Export Trade Statistics |
7.1 India Diisononyl Phthalate (DINP) Market Export to Major Countries |
7.2 India Diisononyl Phthalate (DINP) Market Imports from Major Countries |
8 India Diisononyl Phthalate (DINP) Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly plasticizers in the Indian market |
8.2 Research and development investments in bio-based plasticizers within the country |
8.3 Level of compliance with regulations and standards regarding phthalate usage in manufacturing industries |
9 India Diisononyl Phthalate (DINP) Market - Opportunity Assessment |
9.1 India Diisononyl Phthalate (DINP) Market Opportunity Assessment, By Polymer Type, 2021 & 2031F |
9.2 India Diisononyl Phthalate (DINP) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Diisononyl Phthalate (DINP) Market - Competitive Landscape |
10.1 India Diisononyl Phthalate (DINP) Market Revenue Share, By Companies, 2024 |
10.2 India Diisononyl Phthalate (DINP) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |