Dioctyl Terephthalate Industry: 2022 Industry Key Players, Size, Share, Trends, Opportunities Analysis and Forecast to 2030
Dioctyl terephthalate (DOTP) is widely used as a plasticizer on account of its toxicological and physical properties such as high transparency, excellent durability, and high thermal resistance. Market Research Future (MRFR)'s new report on the global dioctyl terephthalate market is a compilation of key trends and patterns that are likely to govern the market over the forecast period of 2022-2030, The report asserts that the global dioctyl terephthalate market is likely to rise from a valuation of USD 1,203.2 Mn in 2018 to USD 1,864.7 Mn by 2023 at a CAGR of 9.16%. Conventional phthalates are progressively being replaced with Dioctyl Terephthalate Industry due to the various advantages aligned with it. Convectional phthalates are associated with the cause of various diseases such as asthma and breast cancer, which has barred its application in end use cases. Dioctyl terephthalates are an ecologically viable and harmless alternative to conventional phthalates which has...