Diisopropanolamine (DIPA) is an amino alcohol that belongs to the group of alcohol amines. It is a colorless liquid at above 44 0C or white to yellow crystalline solid at room temperature, with odor of ammonia. It is soluble in water. DIPA is a versatile chemical, which is used as an emulsifying agent for polishes, textiles, leathers, insecticides, oils, and paints. It can neutralize pH, act as a buffer (stabilize pH), or add basicity (alkalinity) to a solution. Major applications include personal care products, metalworking products, and natural gas purification.

Diisopropanolamine (DIPA) Market: Overview

Based on grade, the DIPA market can be segmented into commercial grade, specialized grade, and low freeze grade. In terms of application, the DIPA market can be classified into gas purification, personal care & cosmetics, metal working fluids, pest control chemicals, manufacturing basic chemicals, and others. DIPA is currently available as a laboratory chemical and is not sold as a direct product; however, small amounts are being formulated into several personal care and metal fluid products.

DIPOA manufactured by BASF is used as a corrosion inhibitor in the metal processing industry. DIPA is also employed in coatings as a cross-linking agent. DOW DIPA is a trademark for diisopropanolamine, which is manufactured by the Dow Chemical Company.

Diisopropanolamine (DIPA) Market: Market Dynamics

Among applications, pest control chemicals extensively used in the agrochemical industry accounted for a significant share of the DIPA market in 2017, due to the extensive usage of DIPA as an intermediate chemical in the manufacture of pest control chemicals such as herbicides, insecticides, sprout inhibitors, fungicides, biocides, and others. However, the toxicity of DIPA and regulations imposed by the European Chemicals Agency (ECHA) are likely to hamper the market. Furthermore, longer exposer to DIPA vapors can irritate eyes and mucous membranes. It is also corrosive to metals and tissues. Long-term inhalation of low concentration or short-term inhalation of high concentration of DIPA can result in adverse health effects.

Diisopropanolamine (DIPA) Market: Region-wise Outlook

Based on region, the global Diisopropanolamine (DIPA) Market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of consumption, Asia Pacific held major share of the global Diisopropanolamine (DIPA) Market in 2017. This trend is likely to continue during the forecast period. The Diisopropanolamine (DIPA) Market in Asia Pacific is projected to expand at a significant pace during the forecast period. This is due to the rapid expansion in the agrochemical industry in China, India, Japan, Taiwan, and South Korea. China and India are expected to account for prominent share of the Diisopropanolamine (DIPA) Market in Asia Pacific during the forecast period. North America and Europe are anticipated to follow Asia Pacific. In North America, the Diisopropanolamine (DIPA) Market is primarily driven by the high usage of DIPA in agriculture, pharmaceutical, and plastic industries. The Diisopropanolamine (DIPA) Market in Europe is fuelled by high demand for DIPA in agricultural and pharmaceutical industries. The Diisopropanolamine (DIPA) Market in Latin America and Middle East & Africa is anticipated to expand at a rapid pace during the forecast period owing to the growth in various applications such as fungicides and biocides.

Diisopropanolamine (DIPA) Market: Key Players

Large number of companies operate in the global Diisopropanolamine (DIPA) Market Several regional and local traders, distributors, and importers supply DIPA to end-users. Prominent companies operating in the global DIPA market are Dow Chemical Company, LANXESS, BASF SE, ANGUS Chemical Company, and Hongbaoli Group. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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