Bis (2-ethylhexyl) Phthalate Market

Bis(2-Ethylhexyl) Phthalate (DEHP) is a plasticizer that is commonly used in the production of polyvinyl chloride (PVC) products such as flooring, cables, and packaging films. DEHP is added to PVC products to make them more flexible, tough, and resistant to high and low temperatures. It also works as a lubricant, a solvent, and a part of sealants, glues, and printing inks.

In 2018, the market for DEHP was estimated to be worth USD ** billion. From 2018 to 2031, it is anticipated to expand at a CAGR of **%.

The expanding use of PVC products across a number of industries, including construction, automotive, and healthcare, is what is driving the demand for DEHP as a plasticizer. Medical equipment made of PVC that needs DEHP as a plasticizer is used in the healthcare sector. The DEHP market is anticipated to increase as a result of the rising demand for these devices. The demand for DEHP is anticipated to be driven by the use of PVC products in the construction industry, such as pipes and flooring.

DEHP is known to be hazardous to human health and an endocrine disruptor. DEHP exposure can have harmful effects on the body, including cancer, liver damage, and problems with reproduction and development. This resulted in regulatory limitations and the phase-out of DEHP in some nations, which may have an effect on the market's expansion. Alternative plasticizers, such as bio-based and non-phthalate plasticizers, have been developed and adopted as a result of growing concerns about the health and environmental effects of DEHP. The rising demand for these substitutes could have an impact on the expansion of the DEHP market.

Rapid industrialization in the Asia-Pacific region has increased demand for PVC goods across a range of sectors, including building, transportation, and healthcare. The need for PVC products like pipes, flooring, and roofing—which need DEHP as a plasticizer—is being driven by the region's expanding building activity, especially in growing nations like India and China.

EastmanBluesail Nan Ya Plastics SABIC UPC Group Aekyung Petrochemical G. L. Chem. Perstorp Mitchell Chemical is among the key players.