Global Diisononyl Phthalate (DINP) Plasticizer Market by Application (PVC, Toys, Electrical Insulation, Vinyl Flooring, Medical Devices), by Geography (North America, Asia-Pacific, Europe, Rest of the World) - Analysis & Forecast to 2019

Plastics require certain material to give them varied desired properties to serve multiple purposes. Plasticizers are added to plastics to give them fluidity or flexibility. The global plasticizer market is divided into three categories, namely low phthalates, high-phthalates, and non-phthalates.

DINP plasticizer, a high phthalate, is the most commonly used plasticizer worldwide currently, after DOP (Di-Octyl Phthalate). It is extensively used in PVC, toys, electrical insulation, vinyl flooring, and medical devices, among others. Nearly 77% of the total DINP plasticizer demand was for the three major application segments in 2014, namely PVC, toys, and electrical insulation.

The global plasticizers market is witnessing decent growth on account of increasing demand from end-user industries. However, the global diisononyl phthalate plasticizer market is having fast growth on account of increasing popularity of high-phthalates, non-phthalates and bio based plasticizer.

The global diisononyl phthalate plasticizer market growth is primarily driven by the trends in the European and North American regions, where DOP plasticizer is being replaced by non-phthalates and high-phthalates such as DOTP, DINP, and DIDP. REACH has restricted the use of DOP plasticizers in the European region, thereby increasing the demand for DINP plasticizers in the region.

The Asia-Pacific region is the largest market for DINP plasticizers, globally, owing to various factos, such as high DINP plasticizer demand from the application markets in the region; cheap labor; low production cost; and ease of business. A considerable amount of investments has been made by various market players to serve the application industries in the near future. The Asia-Pacific market accounted for nearly 59% of the global consumption in 2014. The region is further expected to witness high growth in the near future, mainly due to the high growth potential of the plastic & rubber and healthcare industries in China, India, and other emerging countries in the region.

This study basically aims to estimate the global market for DINP plasticizers over the forecat period, 2014 to 2019. Furthermore, this market research study provides a detailed qualitative and quantitative analysis of the global diisononyl phthalate plasticizer market. Various secondary sources such as news articles, directories, industry journals, and databases have been used to identify and collect information useful for this extensive commercial study of the global diisononyl phthalate plasticizer market. The primary sources – experts from related industries and suppliers - have been interviewed to obtain and verify critical information, as well as to assess the future prospects of the concerned market. The report also details the various long-term and short-term strategies adopted by the industry leaders to catalyze theie growth in the global DINP plasticizer market.

Competitive scenarios of the top players in the DINP plasticizer market have been discussed in detail. The leading players of this industry have been profiled, along with their recent developments and other strategic industry activities. The key players include UPC Technology Corporation (Taiwan), Nan Ya Corporation (Taiwan), Aekyung Petrochemical (Korea), Sandung Qilu (China), Eastman Chemical Company (U.S.), LG Chem (Korea), KLJ Group (India), and Guandong Chunda Chemical Industry (China), among others.

Scope of the Report:

This research report categorizes the global market for DINP plasticizer on the basis of application and geography, along with forecasts of volume, value, and analysis of the trends in each of the sub-markets.

On the Basis of Geography:

• Asia-Pacific (APAC)
• North America
• Europe
• Rest of the World (RoW)

On the Basis of Application:

• PVC
• Toys
• Electrical Insulation
• Vinyl Flooring
• Medical devices
• Others

Table of Contents

1 Introduction (Page No. - 10)
    1.1 Objectives of the Study
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders

2 Research Methodology (Page No. - 12)
    2.1 Integrated Ecosystem of Diisononyl Phthalate (DINP) Market
    2.2 Arriving at the DINP Market Size
           2.2.1 Top-Down Approach
           2.2.2 Bottom-Up Approach
           2.2.3 Demand Side Approach
    2.3 Assumptions

3 Executive Summary (Page No. - 19)

4 Market Overview (Page No. - 21)
    4.1 Introduction
    4.2 Global DINP Plasticizers Market: Comparison With the Parent Market
    4.3 Market Drivers
    4.4 Key Market Dynamics
    4.5 Demand Side Analysis

5 DINP Plasticizers Market, By Application (Page No. - 28)
    5.1 Introduction
    5.2 Global DINP Plasticizer Market in PVC, By Geography
    5.3 Global DINP Plasticizer Market in Toys, By Geography
    5.4 Global DINP Plasticizer Market in Electrical Insulation, By Geography
    5.5 Global DINP Plasticizer Market in Vinyl Flooring, By Geography
    5.6 Global DINP Plasticizer Market in Medical Devices, By Geography

6 DINP Plasticizer Market, By Geography (Page No. - 42)
    6.1 Introduction
    6.2 North America DINP Plasticizer Market, By Application
    6.3 APAC DINP Plasticizer Market, By Application
           6.3.1 APAC DINP Plasticizer Market, By Application
    6.4 Europe DINP Plasticizer Market, By Application
           6.4.1 Europe DINP Plasticizer Market, By Application
    6.5 RoW DINP Plasticizer Market, By Application
           6.5.1 RoW DINP Plasticizer Market, By Application

7 DINP Plasticizer Market: Competitive Landscape (Page No. - 54)
    7.1 Global DINP Plasticizer Market: Company Share Analysis
    7.2 Mergers & Acquisitions
    7.3 Expansions
    7.4 Investments
    7.5 New Product Developments

8 DINP Plasticizer Market, By Company (Page No. - 57)
(Overview, Financials, Products & Services, Strategy, and Developments)*
    8.1 UPC Technology Corporation
    8.2 Nan Ya Plastics Corporation
    8.3 Aekyung Petrochemical.
    8.4 Shandong Qilu
    8.5 Eastman Chemical Company
    8.6 LG Chem
    8.7 BASF SE
    8.8 Evonik Industries AG
    8.9 Exxonmobil Corporation
    8.10 New Japan Chemical Co. Ltd.
    8.11 Guangdong Chunda Chemical Industry Co.
*Details On Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Company

9 Appendix (Page No. - 83)
    9.1 Customization Options
           9.1.1 Technical Analysis
           9.1.2 Low-Cost Sourcing Locations
           9.1.3 Regulatory Framework
           9.1.4 Impact Analysis
           9.1.5 Trade Analysis
           9.1.6 Historical Data & Trends
    9.2 Related Reports
    9.3 Introducing RT: Real Time Market Intelligence
           9.3.1 RT Snapshots

List of Tables (50 Tables)

Table 1 Global Plasticizers Peer Market Size, 2014 (KT)
Table 2 Global DINP Application Markets, 2014 (KT)
Table 3 Global DINP Plasticizers Market: Comparison With Parent Market,2013–2019 (USD MN)
Table 4 Global DINP Plasticizers Market: Comparison With Parent Market,2013–2019 (KT)
Table 5 Global DINP Plasticizers Market: Drivers and Inhibitors
Table 6 Global DINP Plasticizers Market, By Application, 2013-2019 (KT)
Table 7 Global DINP Plasticizers Market, By Application, 2013–2019 (USD MN)
Table 8 Global DINP Plasticizers Market, By Geography, 2013–2019 (USD MN)
Table 9 Global DINP Plasticizers Market, By Geography, 2013–2019 (KT)
Table 10 Global DINP Plasticizers Market: Comparison With Application Markets, 2013–2019 (USD MN)
Table 11 Global DINP Plasticizer Market, By Application, 2013–2019 (USD MN)
Table 12 Global DINP Plasticizer Market, By Application, 2013–2019 (KT)
Table 13 Global DINP Plasticizer Market in PVC, By Geography,  2013-2019 (USD MN)
Table 14 Global DINP Plasticizer Market in PVC, By Geography, 2013-2019 (KT)
Table 15 Global DINP Plasticizer Market in Toys, By Geography,  2013-2019 (USD MN)
Table 16 Global DINP Plasticizer Market in Toys, By Geography, 2013-2019 (KT)
Table 17 Global DINP Plasticizer Market in Electrical Insulation, By Geography, 2013-2019 (USD MN)
Table 18 Global DINP Plasticizer Market in Electrical Insulation, By Geography, 2013-2019 (KT)
Table 19 Global DINP Plasticizer Market in Vinyl Flooring, By Geography,2013–2019 (USD MN)
Table 20 Global DINP Plasticizer Market in Vinyl Flooring, By Geography,2013– 2019 (KT)
Table 21 Global DINP Plasticizer Market in Medical Devices, By Geography,2013-2019 (USD MN)
Table 22 Global DINP Plasticizer Market in Medical Devices, By Geography,2013-2019 (KT)
Table 23 Global DINP Plasticizer Market, By Geography, 2013-2019 (USD MN)
Table 24 Global DINP Plasticizer Market: Growth Analysis, By Geography,2013-2019 (KT)
Table 25 Global DINP Market, By Geography, 2013–2019 (KT)
Table 26 North America DINP Plasticizer Market, By Application,  2013–2019 (USD MN)
Table 27 North America DINP Plasticizer Market, By Application, 2013-2019 (KT)
Table 28 APAC DINP Plasticizer Market, By Application, 2013–2019 (USD MN)
Table 29 APAC DINP Plasticizer Market, By Application, 2013-2019 (KT)
Table 30 Europe DINP Plasticizer Market, By Application, 2013-2019 (USD MN)
Table 31 Europe Global DINP Plasticizer Market, By Application, 2013-2019 (KT)
Table 32 RoW DINP Plasticizer Market, By Application, 2013-2019 (USD MN)
Table 33 RoW DINP Plasticizer Market, By Application, 2013-2019 (KT)
Table 34 Global DINP Market: Company Share Analysis, 2014 (%)
Table 35 Global DINP Plasticizer Market: Mergers & Acquisitions
Table 36 Global DINP Plasticizer Market: Expansions
Table 37 Global DINP Plasticizer Market: Investments
Table 38 Global DINP Plasticizer Market: New Product Developments
Table 39 UPC Technology Corporation: Key Financials, 2011-2013 (USD MN)
Table 40 Nan Ya Plastics Corporation: Key Operations Data, 2011-2013 (USD MN)
Table 41 Aekyung Petrochemicals: Key Financials, 2013 (USD MN)
Table 42 Shandong Qilu: Key Financials, 2008 (USD MN)
Table 43 Eastman Chemical Company: Key Financials, 2011-2013 (USD MN)
Table 44 Related Developments
Table 45 LG Chem: Key Financials, 2011-2013 (USD MN)
Table 46 BASF SE: Key Financials, By Business Segment, 2009-2013 (USD MN)
Table 47 Basf: Key Financials, By Geography, 2009-2013 (USD MN)
Table 48 Evonik Industries AG:  Key Financials, 2011-2013 (USD MN)
Table 49 LG Chem: Key Financials, 2011-2013 (USD MN)
Table 50 New Japan Chemical Co. Ltd.: Key Financials, 2011-2014 (USD MN)

List of Figures (46 Figures)

Figure 1 Global Dotp Market: Segmentation & Coverage
Figure 2 Global DINP Market: Integrated Ecosystem
Figure 3 Research Methodology
Figure 4 Top-Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Demand Side Approach
Figure 7 Global DINP Plasticizers Market: Snapshot
Figure 8 Global DINP Plasticizers Market: Growth Aspects
Figure 9 Comparison With Parent Market and Global DINP Market
Figure 10 Global DINP Plasticizers Market, By Application, 2014 vs 2019
Figure 11 Global DINP Plasticizers Market, Demand Side Analysis,
Figure 12 DINP Market: Application Market Scenario
Figure 13 Global DINP Plasticizer Market, By Application, 2014-2019 (USD MN)
Figure 14 Global DINP Plasticizer Market, By Application, 2014-2019 (KT)
Figure 15 Global DINP Plasticizer Market in PVC, By Geography,  2013-2019 (USD MN)
Figure 16 Global DINP Plasticizer Market in PVC, By Geography, 2013-2019 (KT)
Figure 17 Global DINP Plasticizer Market in Toys, By Geography,  2013-2019 (USD MN)
Figure 18 Global DINP Plasticizer Market in Toys, By Geography, 2013-2019 (KT)
Figure 19 Global DINP Plasticizer Market in Electrical Insulation, By Geography, 2013-2019 (USD MN)
Figure 20 Global DINP Plasticizer Market in Electrical Insulation,By Geography, 2013-2019 (KT)
Figure 21 Global DINP Plasticizer Market in Vinyl Flooring, By Geography,2013-2019 (USD MN)
Figure 22 Global DINP Plasticizer Market in Vinyl Flooring, By Geography,2013-2019 (KT)
Figure 23 Global DINP Plasticizer Market in Medical Devices, By Geography,2013-2019 (USD MN)
Figure 24 Global DINP Plasticizer Market in Medical Devices, By Geography,2013-2019 (KT)
Figure 25 Global DINP Plasticizer Market: Growth Analysis, By Geography,2013-2019 (USD MN)
Figure 26 North America DINP Plasticizer Market, By Application,  2013-2019 (USD MN)
Figure 27 North America DINP Plasticizer Market: Application Snapshot
Figure 28 APAC DINP Plasticizer Market, By Application, 2013-2019 (USD MN)
Figure 29 APAC DINP Plasticizer Market: Application Snapshot
Figure 30 Europe DINP Plasticizer Market, By Application, 2013-2019 (USD MN)
Figure 31 Europe DINP Plasticizer Market: Application Snapshot
Figure 32 RoW DINP Plasticizer Market, By Application, 2013-2019 (USD MN)
Figure 33 RoW DINP Plasticizer Market: Application Snapshot
Figure 34 Global DINP Plasticizer Market: Company Share Analysis, 2013
Figure 35 UPC Technology Corporation: Revenues, 2011-2013 (USD MN)
Figure 36 Nan Ya Plastics Corporation: Revenues, 2011-2013 (USD MN)
Figure 37 Eastman Chemical Company: Revenue Mix, 2014 (%)
Figure 38 Eastman Chemical Company: Revenues, 2011-2013
Figure 39 LG Chem: Revenue Mix 2013 (%)
Figure 40 LG Chem: Revenues, 2011-2013 (USD MN)
Figure 41 BASF SE: Revenues, 2009-2013 (USD MN)
Figure 42 BASF SE: Revenue Mix, 2013 (%)
Figure 43 Evonik Industries AG:  Revenues, 2011-2013 (USD MN)
Figure 44 Exxonmobil Corporation: Revenue Mix, 2013 (%)
Figure 45 Exxonmobil Corporation: Revenues, 2011-2013 (USD MN)
Figure 46 New Japan Chemical Co. Ltd.: Revenues, 2011-2014 (USD MN)

Plasticizers are low volatile organic substances that are added to plastic compounds to enhance their flexibility, extensibility, and processability. DINP plasticizers belong to the high-phthalate group of plasticizers. DINP is a colorless and odorless oily liquid; free of foreign materials; marginally soluble in water (0.285mg/L at 24 C), but soluble in alcohols, hexane, and so on. It is miscible and compatible with all the monomeric plasticizers of PVC compounding. It is extensively used in PVC, toys, electrical insulation, vinyl flooring, and medical devices, among others. Nearly 77% of the total DINP plasticizer demand was for the three major application segments in 2014, namely PVC, toys, and electrical insulation.

DINP is monomeric primary plasticizers of medium molecular weight and fine performance. It has been developed to fulfil the need for an economical plasticizer in formulation, which requires very low volatility and good permanence characteristics. This product is widely used in vinylic compounds including wires, cables and plastisols.

DOP currently represents the largest share globally in the overall plasticizers market; however, in recent years, DOP has been scrutinized by regulatory authorities across the globe. The consumption trends of DOP have drastically declined, especially in Europe and North America. Furthermore, DOP has been included in the EU Candidate List and is likely to be phased out by 2015, under the EU chemical regulation program, REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals). Thus, most companies are switching production to DINP, DOTP, and DIDP plasticizers, as these are non-phthalates and high-phthalates. The huge decline in demand for DOP plasticizers has further driven the demand for DINP plasticizers across all application segments, globally.

The focus in the plasticizer industry is on developing environment-friendly alternatives. The on-going and continuous emphasis on certain harmful phthalates has shifted the demand to alternatives, such as DOTP, DINP, and other phthalate-free alternatives. The past few years have also witnessed a number of non-phthalate and high-phthalate capacity expansions and new introductions by market players. There are various projects planned in Europe and Asia-Pacific to serve the growing demand for environment-friendly plasticizers with capability to compete with traditional plasticizers on various parameters, such as price and performance. The phthalate-free movement is not only driven by continuous legislative limitations on phthalates; the good availability at competitive prices has been pushing the demand of these alternatives. Moreover, market players prefer high phthalates & non-phthalates to harmful low phthalates, which is why the demand for DINP has been growing significantly in recent years.

The Asia-Pacific region is the largest market for DINP plasticizers, globally, owing to various factos, such as high DINP plasticizer demand from the application markets in the region; cheap labor; low production cost; and ease of business. A considerable amount of investments has been made by various market players to serve the application industries in the near future. The Asia-Pacific market accounted for nearly 59% of the global consumption in 2014. The region is further expected to witness high growth in the near future, mainly due to the high growth potential of the plastic & rubber and healthcare industries in China, India, and other emerging countries in the region.

The global diisononyl phthalate plasticizer market is expected to reach a value of $6,042.8 million by 2019, from $4,285.2 million in 2014, at a CAGR of 7.1% from 2014 to 2019. The rising demand for DINP plasticizer from various end-use industries, such as construction, packaging, medical devices, and consumer goods, are contributing to the growth of the DINP plasticizer market across the globe.

The global diisononyl phthalate plasticizer market has also been classified based on different applications. The key applications of this market have been identified as PVC, toys, electrical insulation, vinyl flooring, and medical devices, among others. The PVC, toys, and electrical insulation application segments accounted for nearly 77% of the global market demand in 2014.

The key players in the global DINP plasticizer market are UPC Technology Corporation (Taiwan), Nan Ya Corporation (Taiwan), Aekyung Petrochemical (Korea), Sandung Qilu (China), Eastman Chemical Company (U.S.), LG Chem (Korea), KLJ Group (India), and Guandong Chunda Chemical Industry (China), among others.