Diisopropanolamine Market Share, Size and Forecast Report, 2022 to 2030

Diisopropanolamine Market Overview

The report is titled as ‘Diisopropanolamine Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Diisopropanolamine market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market.

Diisopropanolamine Overview

Diisopropanolamine is a pallid dull liquid, also comes in white to yellow crystalline solid with a smell of ammonia or dead fish. The liquid diisopropanolamine drifts and blends with water. And the solid diisopropanolamine plunges and blends in water.

Diisopropanolamine is a subsidiary amino compound that is diethanolamine replaced by methyl groups at positions 1 and 1'. It is a multipurpose chemical utilized in a range of cosmetics, personal care, and industrial products. Diisopropanolamine holds the role of an emulsifier, a surfactant, and a buffer.

Extensive usage of Diisopropanolamine across wide range of applications

Diisopropanolamine (DIPA) can be perceived as a basic chemical utilized in a wide range of applications serving as stabilizers, emulsifiers, neutralizers and chemical intermediates that accomplish buffering, basicity, and alkalinity purposes. Also, since diisopropanolamine is a fine solubilizer of fat and oil, it is by and large utilized to counterpoise fatty acids and sulfonic acid-based surfactants. One of the major applications of diisopropanolamine is in metalworking products. Since it is an oil amide for water-based metalworking fluids, diisopropanolamine provides some corrosion safety, enhanced lubricity, foam suppression, and also decreases friction in cutting, buffing, and cleansing fluids.

Other than that, diisopropanolamine is also used in pesticides, coatings, paper, paint removers, plastics, photographic intermediaries, polyurethane additives, surfactants, reaction intermediaries, urethanes and textiles. Owing to such a wide range of applications, the global diisopropanolamine market is projected to rise significantly over the years.

Alongside, the extensive usage of pest control chemicals in the agrochemical industry in the past few years has made a significant boost in the growth of the global diisopropanolamine market. It is significant to note that diisopropanolamine plays a crucial role as an intermediate chemical in the manufacture of pest control chemicals such as insecticides, herbicides, fungicides, sprout inhibitors, biocides, and others. Such factors are further estimated to bring substantial growth to the global diisopropanolamine market in the near future.

Having said that, the stringent regulations enforced by the European Chemicals Agency (ECHA) and the contamination of diisopropanolamine may hinder the growth of the global diisopropanolamine market over the forecast period.

Regional Market Outlook

In terms of geography, the diisopropanolamine market can be divided into six regions – North America, Latin America, Europe, Asia Pacific, Middle-East, and Africa. The Asia Pacific region is projected to hold the major share of the global diisopropanolamine market due to the swift spread in the agrochemical industry in Japan, China, India, South Korea and Taiwan. Further, North America is estimated to follow after Asia Pacific considering the increasing demand of diisopropanolamine in pharmaceutical, agriculture, and plastic industries.

Diisopropanolamine Market Segmentation

The diisopropanolamine market is segmented on the basis of grade, application, and region.

By Grade

Commercial Grade

Low Freeze Grade

DIPA Low Freeze Grade 90

DIPA Low Freeze Grade 85

By Application

Personal Care & Cosmetics

Metal Working Fluids

Pest Control Chemicals

Food, Feed, Dairy and Beverage

Multipurpose Cleaners

Manufacturing Basic Chemicals

Protective Coatings

Others

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Diisopropanolamine Market Key Players

Some of the key participating players in diisopropanolamine market are:

Dow Chemical Company

BASF SE

LANXESS

Hongbaoli Group

ANGUS Chemical Company

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product developments and launches

Global Chemical Industry Outlook

Top Companies Historical Growth Rate

Pricing Impact

Impact of Regulations

Advantages of Diisopropanolamine

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment where one/two manufacturer(s) dominate the market, its product sales, previous growth rates and market expansion plans are considered to generate market share in the market.