Diisopropyl Adipate (DIPA) Market Size 2023-2030

Oct 30, 2023

The global Diisopropyl Adipate (DIPA) market was valued at USD 574.66 million in 2022 and is anticipated to reach USD 898.51 million by 2029, witnessing a CAGR of 6.63%% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Diisopropyl Adipate (DIPA) serves as a vital organic compound in various cosmetic and personal care products. This colorless liquid boasts a mild odor and is classified as an adipic acid diester, resulting from the reaction of adipic acid with isopropanol.
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Table of Contents
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Research Methodology

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DIPA is cherished for its diverse properties, making it an ideal solvent, emollient, and skin-conditioning agent. Its low viscosity and exceptional spreading abilities have made it a popular ingredient in lotions, creams, and other skincare products, significantly enhancing their texture and overall sensory experience. Furthermore, DIPA acts as a lubricant and contributes to the improved absorption of other beneficial ingredients into the skin.

The North American market for diisopropyl adipate (DIPA) is expected to grow from $189.01 million in 2022 to $296.42 million by 2029, at a compound annual growth rate (CAGR) of 6.79%. The market is being driven by the increasing demand for DIPA in a variety of applications, including personal care, pharmaceuticals, and agrochemicals.

DIPA is a colorless, odorless, and tasteless liquid that is used as a plasticizer, solvent, and lubricant. It is a versatile compound with a wide range of applications. In the personal care industry, DIPA is used in a variety of products, including lotions, creams, and shampoos. It helps to keep the skin soft and smooth, and it also prevents the products from drying out. In the pharmaceutical industry, DIPA is used as a solvent for a variety of drugs. It also helps to improve the solubility of drugs in water, which makes them easier to absorb by the body. In the agrochemical industry, DIPA is used as a plasticizer for PVC films. It helps to make the films more flexible and durable.

The major global manufacturers of DIPA include Croda International, SC Johnson, Lubrizol, Seqens (Chemoxy International), Stearinerie Dubois, Weifang Bincheng Chemical, Weifang Hansheng Chemical, Weifang DEMETER Chemical, and Weifang Limin Chemical. In 2022, the world's top three vendors accounted for approximately 45.85% of the revenue.

The North American market for DIPA is dominated by the United States and Canada. The United States is the largest market for DIPA in the region, followed by Canada. The growth of the market in North America is being driven by the increasing demand for DIPA in the personal care and pharmaceutical industries.
Report Scope

This report aims to provide a comprehensive presentation of the global market for Diisopropyl Adipate (DIPA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Diisopropyl Adipate (DIPA).

The Diisopropyl Adipate (DIPA) market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Diisopropyl Adipate (DIPA) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Diisopropyl Adipate (DIPA) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company

Croda International
SC Johnson
Lubrizol
Seqens (Chemoxy International>
Stearinerie Dubois
Weifang Bincheng Chemical
Weifang Hansheng Chemical
Weifang DEMETER Chemical
Weifang Limin Chemical
Nikko Chemicals
Mamta Polycoats

Segment by Type

Purity ≥99%
Purity ≥99.9%

Segment by Application

Personal Care
Pharmaceuticals
Spices Industry
Others

Production by Region

North America
Europe
China
Japan
India

Consumption by Region

North America
United States
Canada

Asia-Pacific
China
Japan
South Korea
India
Australia
Southeast Asia
Asia Pacific Other

Europe
Germany
France
U.K.
Italy
Russia
Europe Other

Latin America
Mexico
Brazil

Middle East and Africa
Middle East
Africa

Report Insights:

Introduction: Provides the report scope and executive summary of different market segments (by region, by type, by application, etc.), including the market size of each segment and future development potential.
Competitive Landscape and Development: Detailed analysis of Diisopropyl Adipate (DIPA) manufacturers, covering competitive pricing, production and value market share, latest development plans, and merger and acquisition information.
Production and Value by Region/Country: Quantitative analysis of Diisopropyl Adipate (DIPA) production/output and value in different regions and countries for the next six years.
Consumption Analysis by Region/Country: Quantitative analysis of Diisopropyl Adipate (DIPA) consumption in various regions and countries, with insights into market development, future prospects, market space, and production in each country.
Analysis of Market Segments by Type: Exploration of various market segments categorized by type, with a focus on market size and development potential to identify blue ocean market opportunities.
Analysis of Market Segments by Application: Examination of market segments categorized by application, highlighting market size and development potential to uncover opportunities in different downstream markets.
Profiles of Key Players: In-depth profiles of main companies in the market, detailing product production/output, value, price, gross margin, product introduction, and recent developments.
Analysis of Industrial Chain: Investigation of the industry's industrial chain, including upstream and downstream aspects, to understand the interconnected stages in the production and distribution process.
Market Dynamics and Challenges: Introduction to market dynamics, latest developments, driving and restrictive factors, challenges and risks faced by manufacturers, and analysis of relevant industry policies.
Main Points and Conclusions: Summarizes key findings and insights from the report, providing a concise overview of the significance of the analysis presented.

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