What is Dioctyl Adipate

Dioctyl adipate is an eco-friendly plasticizer that has a low impact on the environment. It is widely used as a primary plasticizer in PVC.

Moreover, it has a high melting point and low volatility. It also has good thermal stability and softness at low temperatures.

The demand for dioctyl adipate has increased due to its use in packaging material, cable & wire insulation films, medical accessories and paints & coatings.

End-User Analysis
Dioctyl Adipate is a highly versatile plasticizer used in polymer and rubber industry. Its high plastifying efficiency and zero thermochromaticity, along with its low cost and environmental friendliness, makes it an ideal choice for polymers and rubber applications.

Hence, it is used in a variety of products such as pipes, gardening tools, tyres, clothing, toys, medical equipment, surgical gloves and industrial items. The use of dioctyl adipate in these products is expected to drive the global market over the forecast period.

Among all the end users, the medical equipment segment dominated the dioctyl adipate market in 2018. It is mainly used in making medical gloves, tubes and blood bags. The growing demand for medical equipment has encouraged several manufacturing companies to incorporate dioctyl adipate into their production process. Moreover, rising awareness about safety in the healthcare sector and stringent government regulations regarding the usage of plasticizers are anticipated to fuel the market growth in this segment over the forecast period.

Market Segmentation by End-User
Dioctyl Adipate (DOA) is a plasticizer that enhances the malleability and flexibility of any polymer, which is important for use in rubber cables, wires, and plastic sheets. It also reduces the brittleness of any polymer.

Moreover, DOA is a plasticizer that exhibits exceptional mechanical resilience at high temperatures and moderate volatility. It also has a wide molecular space, a high boiling point, and low vapor pressure.

According to Persistence Market Research, the demand for DOA will grow robustly over the forecast period. The key driver for the growth of the market is the increasing usage of eco-friendly plasticizers in different end-use industries.

In terms of application, the global market for DOA is segmented by polymer, rubber, paint, and others. The rubber segment is expected to register the highest growth during the forecast period. This is attributed to the increasing usage of rubber in a number of applications, such as tubes, tyres, toys, clothing, hoses, medical equipment and surgical gloves.

Market Segmentation by Application
The Dioctyl Adipate market is projected to witness rapid growth owing to the increasing demand for the product in the packaging industry. This growth is attributed to the rising demand for food packaging, which is an important end-use application.

Furthermore, DOA is used in medical tubing because of its high transparency and fluid tracking capabilities. It is also static- and spark-resistant, which ensures safety.

This is the reason why it is widely used in the medical sector as an adhesive for ear tubes, nose strips, and other gynecological devices. The growing adoption of DOA in these applications is attributed to factors such as the rising health awareness among consumers and the increased use of medical equipment in emerging economies.

The global dioctyl adipate market is dominated by technical grade dioctyl adipate, which accounts for more than three-fourths of the total volume and market share. This growth is attributed to the increasing demand for technical grade DOA by electrical, medical, and paints & coatings industries.

Market Segmentation by Region
The market is segmented by region into North America, Europe, Asia Pacific, and Latin America. The Asia Pacific segment is expected to lead the global dioctyl adipate market in terms of volume owing to rapid population growth and increasing plastic products usage.

The region has a highly developed chemical manufacturing industry, owing to the availability of cheap raw materials and favorable government policies. This has resulted in significant growth for the dioctyl adipate (DOA) market, especially in China and India.

Moreover, increasing consumption of electronic cables and wiring, consumer goods, paints & coatings and medical accessories in the Asia Pacific is likely to propel growth for the DOA market during the forecast period. The growing food packaging industry is also anticipated to drive market growth.

Among all the regions, the North America region is projected to lead the dioctyl adipate industry due to the robust chemicals and medical equipment industries. Furthermore, the region has a large working population, which is driving demand for DOA-based PVC films and sheets.