According to the
study, ‘Asia Dioctyl
Terephthalate(Dotp) Industry Situation And Prospects Research Report’
some of the major companies which are currently functioning in this market includes
Bluesail Chemical Group, Xiongye Chemical, Lingchuang Chemical, Xiangfeng
Plastic, Kunshan Hefeng Chemical, Ningbo Kai Cheng, Anqing Shengfeng, Zhejiang
Weibo Chemical, Jiangsu Lemon Chemical & Technology and others. All the
major leading players in the dioctyl terephthalate industry has become hyper
active and focusing more on the production and offering strong brands which
result economical reliability. In addition, the report also containing the more
information about the major key players such as company profile, production
introduction, capacity, production, price, revenue, cost and gross margin
2012-2017 and other.
Dioctyl terephthalate
is commonly an organic compound and abbreviated DOTP with the formula C6H4(CO2C8H17)2.
It is a non-phthalate plasticizer and a colorless viscous liquid used for
softening PVC plastics is known for chemical similarity to general purpose
phthalates such as DEHP and others but without any negative regulatory
pressure. It is easily soluble in water and also has very good plasticizing
properties and may be used as a direct replacement for ortho-phthalates in many
applications. Moreover, with all this the classification is done differently in
the market of Dicotyl terephthalate including content 96%, content 98%, content
99% and content 99.5%. The applications are also split in the market such as
calendaring process resin, flexible PVC, flooring/interior surfaces,
gaskets/hose/tubing and latex sealants. With the numerous applications the
demand has increased positively in the recent years.
Due to significant
growth in this sector, many companies have also entered in this market with
more efficiency and enhanced technology that is related to flexible PVC and
flooring/interior surfaces. New innovations and development in the technology
of flooring, interior surfaces, flexible PVC, increasing disposable incomes and
end user application of the product are the key drivers to add more numbers of consumers
and make the market further more beneficial for the investors and to make
market more competitive in nature. Geographically, with the increase in the
demand the leading players of Asia of the dioctyl terephthalate industry is
spread across China, Japan, India, Korea, Saudi Arabia and other regions.
However unsurprisingly, with all these regions the Asia-Pacific region is
expected to grow even more in the coming years and expected to acquire the
highest share in the market. Moreover,
China has become a global leader in this industry. Asia-Pacific region has the
largest production region of the dioctyl terephthalate and the import and
export percent of this industry is very high. However, with the increase in the
consumption degree will show a rapid rise curve in the demand of the product.
In future, it is
expected that further investment is going to cater in
this field with more effective production of the product and improvement in the
product making strategies and policies.
Therefore, the demand for dioctyl terephthalate industry is anticipated
to be high in next coming years. Although sales of dioctyl terephthalate has
brought a lot of new opportunities in the market for new entrants. As the new investors are coming in this
industry, the major key players are operating in the market very effectively
and taking up new initiatives for the research and development with new
technology. Therefore, the future of this industry is expected to witness a
positive growth over the next few years.
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