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Dioctyl Phthalate Plasticizer Market is Expected to Reach $7,845.8 Million by 2019

The global Dioctyl
Phthalate
plasticizer market was valued at $6,109.5 million in 2014, and
is expected to reach $7,845.8 million by 2019, at a CAGR of 5.1% from 2014 to
2019.


Browse through the
TOC of DOP Plasticizer market for an analysis of industry trends and segments,
with the help of various tables and figures.

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Plasticizers are organic substances that are added to plastic to give
it fluidity, flexibility, and other desired properties. The global plasticizer
market is divided into three categories low phthalates, high-phthalates, and
non-phthalates. DOP plasticizer belongs to the phthalate group of plasticizers.
Phthalate plasticizers are the most commonly used traditional plasticizers and
are usually produced by the simple reaction of alcohols with phthalic anhydride
or other acids.

Dioctyl phthalate (DOP) plasticizer is a class of plasticizers that is
used to give varied physical properties to polymers. The physical properties
thus obtained include flexibility, durability, heat resistance, and so on.
Plasticizers are used in almost every polyvinyl chloride plastic product, with
DOP plasticizer being the most widely type.

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Asia-Pacific
contributed the largest share of 74.0% to the global DOP plasticizer market,
and the DOP plasticizer market in this region was valued at $4,250.3 million in
2014. It is expected to reach $5,961.0 million by 2019, at a CAGR of 5.7%
during the forecast period. This high share can be attributed to various
factors, such as high demand for DOP plasticizers from its application markets,
availability of cheap labor, and lower production costs in the region.
Considerable amounts have been invested by the key market players to meet the
increasing demand from the end-user application industries.

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