Dioctyl Terephthalate Worth Around USD $1,864.7 million by with CAGR of 9.16% - Global Forecast Till 2027
Overview The global dioctyl terephthalate market, during the forecast period 2018 to 2023, will register growth at a CAGR of 9.16%. The market for dioctyl terephthalate is set to reach US$1,864.7 million by 2023. As per dioctyl terephthalate market analysts, the global market is anticipated to witness growth owing to the factors such as the wide use as a non-phthalate plasticizer as well as toxicological profile. However, the dioctyl terephthalate market will face challenges and restraints due to concerns regarding impact on health and the availability of substitutes during the forecast period 2018 to 2023. The growing regulatory support to replacing phthalates in the dioctyl terephthalate market is set to play a key role in determining the growth potential during 2018 to 2023 years. Analysts have also studied the dioctyl terephthalate market to understand potential threats and challenges the dioctyl terephthalate market companies could face. Although the dioctyl terephthalate