According to a recent market study published by Growth Market Reports, titled, “global Di-isononyl-cyclohexane-1,2-dicarboxylate market by type, by application and by Region: Size, Share, Trends and Opportunity Analysis, 2018-2028”, the market was valued at US$ 643.09 Million in 2020 and is expected to grow at a growth rate of 7.13 % by the year 2028.

Non-toxic plasticizer di-isononyl-cyclohexane-1,2-dicarboxylate was developed to replace hazardous plasticizers. As a result of increased global demand and a lack of toxicity data and safety assessments for Di-isononyl-cyclohexane-1,2-dicarboxylate, concerns concerning human and animal health have been raised. The oil di-isononyl-cyclohexane-1,2-dicarboxylate is colourless. It's a plasticizer that's used to make flexible plastic goods for sensitive applications including toys, medical equipment, and food packaging. It is being researched as a possible alternative to phthalate plasticizers, which have been linked to endocrine disruption.

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Di-isononyl-cyclohexane-1,2-dicarboxylate was introduced in the market with the trade name of Hexamoll. Di-isononyl-cyclohexane-1,2-dicarboxylate was discovered in in 2002 as a safer alternative plasticizer. The use of Di-isononyl-cyclohexane-1,2-dicarboxylatein different food contact items was approved by the European Food Safety Authority in 2007.

The Global Di-isononyl-cyclohexane-1,2-dicarboxylate Market has been fragmented based on types, applications and region. In terms of types, the Global Di-isononyl-cyclohexane-1,2-dicarboxylate Market is categorized as 0.995% and Others. In terms of applications, the market is separated as Medical Instruments, Toys and Child Care Products, Food, Sports and Leisure Products, Others. Considering regions, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

The Coronavirus disease 2019 (COVID-19) pandemic highlighted economic disparities, global interdependence, and governance challenges. Pandemics are isolated concerns for businesses and prospects for emerging patterns and vulnerabilities. COVID-19 has a moderate impact on the industry due to the simultaneous reduction of supply and demand.

The COVID-19 pandemic caused a slight slowdown in market expansion. Once these sectors having recovered from the pandemic's effects, the market for other end-user industries is likely to restore its growth rate. As per growth market reports industry analyst Partha Paul, “The expanding consumer market and applications in medical instruments, food and toys and child care products Plasticizers and polymer market are expected to contribute to the growth of the Global Di-isononyl-cyclohexane-1,2-dicarboxylate Market.

The supply chain in developed regions has been accelerated by the addition of large suppliers, manufacturers, and distributors, the availability of raw materials, and the presence of integrated logistics. Raw materials used for manufacturing of Di-isononyl-cyclohexane-1,2-dicarboxylateare shipped to manufacturers for processing units into final products.

Key Takeaways from the Study

  • The players in the Di-isononyl-cyclohexane-1,2-dicarboxylate market include Zhengzhou Alfa Chemical Co.,Ltd, Evonik Industries AG, BASF SE, BOC Sciences, Toronto Research Chemicals. BASF SE holds a major market share of the Di-isononyl-cyclohexane-1,2-dicarboxylate market in the year 2020.
  • Rise in usage of Di-isononyl-cyclohexane-1,2-dicarboxylate in medical sector and increased Research and Development in Di-isononyl-cyclohexane-1,2-dicarboxylateis expected to drive the growth for Di-isononyl-cyclohexane-1,2-dicarboxylate market over the forecast period. Moreover, rise in usage of Di-isononyl-cyclohexane-1,2-dicarboxylate in Personal Care Products is expected to boost the market.
  • In terms of types, the market is segmented into 0.995% and others. In 2020, the others segment held a significant market share and is expected to grow with a substantial CAGR over the forecast period, the market is being driven owing to increased usage of Cyclohexane-1,2-dicarboxylic acid diisononyl ester in production of of flexible plastic articles in sensitive application areas such as toys and medical devices.
  • Based on applications the market is fragmented into medical instruments, toys and child care products, food, sports and leisure products, others. The sports and leisure products segment is expected to grow rapidly over the forecast period due to factors such as increased usage of Di-isononyl-cyclohexane-1,2-dicarboxylate in sports and leisure products such as gymnastic balls, exercise mats and seat cushions.
  • In terms of regions, the Global Di-isononyl-cyclohexane-1,2-dicarboxylate markets are divided into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific had a significant share of the global market in 2020, due to environment friendly property and as innovative non-phthalate plasticizer developed for the sensitive application of PVC.

Report Scope

Report Metric

Details

Market Value in 2020

US$ 643.09 Million

Market Growth Rate (from 2020 to 2028)

7.13 %

Historical Data

2018 & 2019

Base Year

2020

Forecast Period

2021 - 2028

Units Considered

Value (US$ Million)

Market Segments

By Types, By Application and By Region

Key Companies Profiled

Zhengzhou Alfa Chemical Co.,Ltd, Evonik Industries AG, BASF SE, BOC Sciences, Toronto Research Chemicals.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Manufacturer and distributors
  • Demand Side: Polymer Industry, PVC products manufacturing industry.
  • Regulatory Side: Concerned government authorities, and other approval regulatory bodies.
  • Associations and Industry Bodies: German Federal Environment Agency, EU Commission, REACH Regulation, European Toy Safety Standards.