Dioctyl Terephthalate (DOTP) Market: Competitive Dynamics & Global Outlook 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global Dioctyl Terephthalate (DOTP) market.

In the world wide, giant manufactures mainly distribute in Asia and Europe. Asia has a long history and unshakable status in this industry, like Basf and LG Chemical, both have perfect products. As to China, the Nan Ya Plastics has become a global leader. In Germany, it is BASF that leads the technology development. In China, the manufactures focus in Jiangsu, Guangdong and Zhejiang province.

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Global Dioctyl Terephthalate (DOTP) Market: Forecast by Type / Application / Region

Third, the import and export percent of this industry is high. Because the largest production region is Asia, but the main consumption regions are Asia USA and EU

Fourth, company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.

Fifth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Dioctyl Terephthalate (DOTP) will increase.

Sixth, we tend to believe this industry now is just begin, and the consumption increasing degree will show a Rapid rise curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.  

Over the next five years, LPI(LP Information) projects that Dioctyl Terephthalate (DOTP) will register a 4.7% CAGR in terms of revenue, reach US$ 2290 million by 2023, from US$ 1740 million in 2017.

Global Dioctyl Terephthalate (DOTP) Market: Key Players
BASF
Aekyung Petrochemical
Oxea
LG Chemical
Eastman
ExxonMobil
Meltem Kimya
Nan Ya Plastics
UPC Group
Bluesail Chemical Group
Xiongye Chemical
Lingchuang Chemical
Xiangfeng Plastic
Kunshan Hefeng Chemical
Ningbo Kai Cheng
Anqing Shengfeng
Zhejiang Weibo Chemical
Jiangsu Lemon Chemical & Technology

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Related Information:
United States Dioctyl Terephthalate (DOTP) Market Research Report 2018
Europe Dioctyl Terephthalate (DOTP) Market Research Report 2018
North America Dioctyl Terephthalate (DOTP) Market Research Report 2018
Asia-Pacific Dioctyl Terephthalate (DOTP) Market Research Report 2018
China Dioctyl Terephthalate (DOTP) Market Research Report 2018
EMEA Dioctyl Terephthalate (DOTP) Market Research Report 2018
Global Dioctyl Terephthalate (DOTP) Market Research Report 2018

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