The Global Diphenyl Oxide Market size has been witnessing strong growth over the last few years and is projected to grow at an estimated CAGR of 4% during 2021-2028. The major drivers for this market are the increasing consumer awareness regarding health benefits offered by natural ingredients, growing demand for colorless crystal type products among key end-users, declining cost of raw materials required in the production process, and government initiatives on eco-friendly chemicals regulation.
Diphenyl Oxide is a chemical compound. It has the chemical formula C20H16O and its molecular weight of 284.27 g/mol. Diphenyl Oxide can be found in many different colors, but the most commonly colorless or white form (CAS No: 2522-14-0). It is usually used as an industrial solvent for coatings or paints, textile dyeing agents, and surface-active agents in detergents. Diphenyl oxides are also known to have antibacterial properties which can help protect surfaces from harmful staph bacteria that cause infections like MRSA and Ecoli that might come into contact with them.
There are many different uses for Diphenyl Oxide. One of the most common is as a component in paints and coatings, which makes it resistant to corrosion and abrasion. It can also be used by the textile industry for dyeing or dying clothes such as cotton, wool, silk, and nylon with brilliant colors that last longer than other dyes. Because of its strong antibacterial properties (due to phenol group), it's often added into detergents to kill bacteria on surfaces like sinks or toilets where people come into contact with them frequently without proper handwashing due to lack of soap or water during their cleaning process.
On the basis of Type, the market is segmented into Colorless Crystal and Liquid.
Colorless Crystal is the term used to describe diphenyl oxide in its solid form. It's not dyed, which can make it more appealing for some commercial applications because dyes have been known to fade over time and may need reapplication or replacement. Colorless Crystal diphenyl oxides are available under different trade names like DPO, Diphenylene oxide, etc. Moreover, it has applications in the industrial sector which include usage as a polymerization initiator in the production of polyvinyl chloride(PVC).
Liquid diphenyl Oxide is the term used to describe diphenyl oxide in its liquid form. These liquids are typically used as industrial solvents for items like synthetic textiles, chlorinated hydrocarbons, and resins or plastics. It’s also a potential replacement for mineral spirits because it can be applied with water during the cleaning process rather than soap or water alone.
On the basis of Application, the market is segmented into Industrial, Cosmetics, and Others. The industrial sector holds a major share in the global Diphenyl Oxide market due to its wide usage in the paints & coatings industry for corrosion protection which gives high demand from various industries such as textile dyeing process where it provides bright colors that last longer than other dyes and also used by detergent manufacturers for sanitation purposes on surfaces like sinks or toilets where people come into contact with them frequently without proper handwashing because of lack of soap or water during their cleaning process.
In the cosmetics sector, this product is an alternative solvent for solvents like hexane or petroleum ethers that are more toxic than DPO but not very volatile. The rest of the market share belongs to others applications which include use in pharmaceutical formulations including elixirs and solutions; paints & coatings especially those containing zinc oxide; and dyes & pigments where it replaces benzene derivatives because diphenylene oxides do not produce any type of noxious odor at all.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The Latin American market will register the fastest growth rate in terms of revenue over the forecast period, owing partly to the increasing demand for cosmetics products in this region. The Asia Pacific is also anticipated to exhibit high growth rates on account of increased per capita disposable income levels and a growing number educated population as well as increased urbanization which leads to an increase in consumerism.
The market is witnessing steady growth on account of its use as an effective flame retardant and replacement for benzene derivatives because it does not produce any kind of noxious odor at all. The increase in the number of factories manufacturing consumer products, such as plastics, paints, and textiles will lead to the demand for this chemical substance which in turn would drive revenue over the forecast period. Significant investments by emerging players into research & development activities are also anticipated to contribute significantly towards accelerated revenue generation during the course of the forecasted period.
Up Market Research published a new report titled “Diphenyl Oxide Market research report which is segmented by Types (Colorless Crystal, Liquid), By Applications (Industrial, Cosmetics, Others), By Players/Companies Eastman, Eurolabs, Cambridge Isotope Laboratories, 2A Pharma Chem, Perfumers World”.
|Report Attributes||Report Details|
|Report Title||Diphenyl Oxide Market Research Report|
|By Type||Colorless Crystal, Liquid|
|By Application||Industrial, Cosmetics, Others|
|By Companies||Eastman, Eurolabs, Cambridge Isotope Laboratories, 2A Pharma Chem, Perfumers World|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||241|
|Number of Tables & Figures||169|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Colorless Crystal, Liquid and By Application Industrial, Cosmetics, Others.
Some of the companies that are profiled in this report are:
Diphenyl Oxide Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Diphenyl Oxide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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