Market Outlook:
The global Di-isononyl-cyclohexane-1,2-dicarboxylate market was valued at USD 643.09 Million in 2020 and is projected to reach USD 1,115.64 Million by 2028, expanding at a CAGR of 7.13% during the forecast period. Di-isononyl-cyclohexane-1,2-dicarboxylate (DINCH) is a liquid high molecular weight plasticizer that is transparent and colorless. It was created as a replacement for di-(2-ethylhexyl) phthalate (DEHP) and di-isononyl phthalate (DIP) in polyvinyl chloride polymers (PVC) and items with human interaction, such as toys, medical devices, and food packaging (DiNP).
DINCH is used to make cosmetics, shoes, exercise mats, and cushions, as well as textile coatings, printing inks, and flooring and wall coverings. Since its introduction to the market, DINCH has grown in popularity. DINCH migrates into foods that have been wrapped in plastic films or other materials that come into contact with food. Increasing usage of DINCH in healthcare industry such as medical instruments and treatments such as blood contact and respiratory therapies is fueling the market growth. Furthermore, growing demand for byproducts such as toys and child care products, North America market is expected to hold a significant market share during the forecast period.
Scope of the report:
The report on Di-isononyl-cyclohexane-1,2-dicarboxylate market includes an assessment of the market, size, share, trends, segments, and country markets. Overview and dynamics have been included in the report.
Attributes
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Details
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Report Title
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Di-isononyl-cyclohexane-1,2-dicarboxylate Market
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Base Year
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2020
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Historic Data
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2018 & 2019
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Forecast Period
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2021–2028
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Segmentation
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Type (0.995%, Others), Application (Medical Instruments, Toys and Child Care Products, Food, Sports and Leisure Products, Others)
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Regional Scope
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North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered
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Zhengzhou Alfa Chemical Co.,Ltd, Evonik Industries AG, BASF SE, BOC Sciences, Toronto Research Chemicals
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Market Dynamics
Increased usage in medical sector
Di-isononyl-cyclohexane-1,2-dicarboxylate, due to its low toxicity and low migration rate, is used in soft PVC-containing medical devices such as blood bags. Di-isononyl-cyclohexane-1,2-dicarboxylate has excellent toxicological profile with low migration rates. It is considered as non-phthalate plasticizer designed for close human contact. Moreover, Di-isononyl-cyclohexane-1,2-dicarboxylate is the only plasticizer that fulfills the RBC stabilizing requirements for blood bags and is in commercial use. Thus, increased usage of Di-isononyl-cyclohexane-1,2-dicarboxylate is expected to drive the market over the forecast period.
Research and Development in Di-isononyl-cyclohexane-1,2-dicarboxylate
Research and development in Di-isononyl-cyclohexane-1,2-dicarboxylate is expected to drive the market. According to a new study from the Research Institute of the McGill University Health Centre (RI-MUHC), Di-isononyl-cyclohexane-1,2-dicarboxylate metabolites exert biological effects on metabolic processes on in vitro animal models. The findings in the journal, Environmental Research, have important implications considering the increasing and broad use of Di-isononyl-cyclohexane-1,2-dicarboxylate promoted in recent years as a safe alternative to phthalate plasticizers. Thus, research and development is expected to drive the market.
Di-isononyl-cyclohexane-1,2-dicarboxylate is prone to thermal degradation
Di-isononyl-cyclohexane-1,2-dicarboxylate is prone to thermal degradation and restrains the market growth up to some extent. Thermal degradation of Di-isononyl-cyclohexane-1,2-dicarboxylate occurs during processing at increased temperatures when the polymer is transformed from solid to melt. The thermal degradation of Di-isononyl-cyclohexane-1,2-dicarboxylate is attributed mainly to random main-chain scission and unzipping depolymerization reactions. The thermal degradation of a cured epoxy, in the absence of oxygen, results in a decrease in OH groups and an increase in C=O groups.
Use of Di-isononyl-cyclohexane-1,2-dicarboxylate as alternative for Phthalates
Increased evidence shows a link between phthalates and effects on hormones in humans, laboratory animals, and wildlife, hence phthalates are increasingly being replaced with other chemicals, such as Di-isononyl-cyclohexane-1,2-dicarboxylate. Phthalates disrupt the hormonal or endocrine system, which causes loss, infertility, and harmful effects on the delivery of a baby. Many manufacturers replaced phthalates with chemicals such as Di-isononyl-cyclohexane-1,2-dicarboxylate. Thus, use of Di-isononyl-cyclohexane-1,2-dicarboxylate as alternative for phthalates is expected to act as an opportunity for the key players in the market.
Segmental Outlook
Based on Types, the global Di-isononyl-cyclohexane-1,2-dicarboxylate market is bifurcated into 0.995% and others. The 0.995% segment is expected to drive the r Di-isononyl-cyclohexane-1,2-dicarboxylate market during forecast period, owing to its rising usage in fabrication of conductive films. It is used as a plasticizer with polyvinyl chloride (PVC) to form solutions for artificial intravessel plaque.
By Application, the global Di-isononyl-cyclohexane-1,2-dicarboxylate market is primarily segmented into medical instruments, toys and child care products, food contact, sports and leisure products, and others. Growing usage of Di-isononyl-cyclohexane-1,2-dicarboxylate in medical instruments and treatments such as dialysis treatments, blood contact applications for example, respiratory tubing, gloves, breathing masks etc. are expected to fuel its demand across the globe.
Regional Outlook
Based on Region, the global Di-isononyl-cyclohexane-1,2-dicarboxylate market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Growing demand for products such as medical products such as gloves, breathing masks etc. are fueling its demand among end-use industries. Moreover, demand for exercise mats, massage balls and rolls, and gymnastic balls are anticipated to boost further demand of Di-isononyl-cyclohexane-1,2-dicarboxylate in the market.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Di-isononyl-cyclohexane-1,2-dicarboxylate Market
- Historical, Current and Projected Market Size in terms of Value and Volume.
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Di-isononyl-cyclohexane-1,2-dicarboxylate Market Performance
Segments
By Type
By Application
- Medical Instruments
- Toys and Child Care Products
- Food
- Sports and Leisure Products
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
- Top players in the market include Zhengzhou Alfa Chemical Co.,Ltd, Evonik Industries AG, BASF SE, BOC Sciences, and Toronto Research Chemicals. These companies are considered as key manufacturers of Di-isononyl-cyclohexane-1,2-dicarboxylate (DINCH) based on their revenue, research development (R&D) activities, product offerings, regional presence, and supply chain management system.
- The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the Di-isononyl-cyclohexane-1,2-dicarboxylate (DINCH) market.