Market Size of Dioctyl Maleate (DOM) Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 3.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Dioctyl Maleate Market Analysis
The global dioctyl maleate market is expected to grow at a CAGR of over 3% during the forecast period. Dioctyl maleate is a clear virtually colorless liquid, with an ester-like odor. It can be used in organic synthesis, like in the production of derivatives of succinic acid.
- The major factors driving the market studied include growing construction activities in developing countries.
- Asia-Pacific is expected to dominate the global market during the forecast period.
- Increasing usage of the quality products in personal care industry is likely to act as an opportunity in the future.