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DOP (Dioctyl Phthalate) Price Trend and Forecast
DOP (Dioctyl Phthalate) Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of DOP (Dioctyl Phthalate) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Dioctyl phthalate Price Trend for the First Half of 2023
Asia
The prices of dioctyl phthalate fluctuated in the Asian Pacific market in the first two quarters of 2023. The spot prices in China fell from approximately 1476 USD/MT in January’23 to 1340 USD/MT in June’23, registering a dip of almost 9% in the two quarters of 2023. The slight incline in the initial phase was supported by the rise in the prices of feedstock, but this trend did not sustain in the long run. The decline in demand from the end-user industries and oscillating market dynamics negatively impacted the dioctyl phthalate market.
Europe
The European prices of dioctyl phthalate showcased a mixed trend as the prices followed an upward trajectory in the initial months but dipped down in the end months of said period. The initial spike in prices was supported by sustained demand from the plasticizer sector but the demand scenario overturned in the region, and the prices took a dip. Additional factors that influenced this trend were the shifting of market dynamics and variations in the consumer sector.
North America
The price trends for dioctyl phthalate oscillated in the US domestic market in the first half of 2023. Similar to what was witnessed in Europe, the prices increased in the first half of Q1 due to a decline in the level of inventories and increasing demand. However, later the price nosedived as the demand for the commodity decreased, and its stockpiles increased. However, a slight rise was observed towards the end of June as the market gained support from the plasticizer sector.
Analyst Insight
According to Procurement Resource, the price of Dioctyl phthalate is estimated to oscillate in the upcoming quarters, given the current pricing fundamentals and the uneven trends observed in demand from the plasticizer sector.
Procurement Resource provides latest prices of DOP (Dioctyl phthalate). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
In appearance, DOP or Dioctyl phthalate is a clear liquid with a mild odour. It is slightly less dense than water and immiscible in it. Its flash point is around 430°F. It is basically utilised in the production of a variety of plastics and coating products. It helps to keep plastics soft and flexible, for instance, it is utilised to produce plastics which are further used as medical tubing and blood storage bags, cables and wire, carpetback coating, etc.
Product Details
| Report Features | Details |
| Product Name | DOP (Dioctyl phthalate) |
| Industrial Uses | Plastic and PVC resins, Rubber products, Solvent, Used as dielectric and hydraulic fluids, Building/construction materials , Electrical and electronic products, Fabric, textile, and leather products, Furniture and furnishings , Personal care products |
| Chemical Formula | C24H38O4 |
| Synonyms | 117-84-0, Dioctyl phthalate, Di-n-octyl phthalate, Dioctyl benzene-1,2-dicarboxylate, Dinopol NOP |
| Molecular Weight | 390.6 g/mol |
| Supplier Database | Indo-Nippon Chemical Co., Ltd, SABIC, Acros Organics |
| Region/Countries Covered | Asia Pacific: China , India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland , Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
- Production of DOP (Dioctyl phthalate) via Esterification
DOP (Dioctyl phthalate) is prepared at atmospheric pressure or in a vacuum by heating an excess of n-octanol with phthalic anhydride using an esterification catalyst like sulphuric acid or p-toluenesulphonic acid. Thus, esterification of n-octanol with phthalic anhydride in the presence of a catalyst gives DOP.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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