Transparency Market Research (TMR) provides key insights on the Diisopropanolamine (DIPA) market in its latest report titled “Diisopropanolamine (DIPA) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026.” According to the report, rapid expansion of the agrochemical industry in countries such as China, India, Japan, Taiwan, and South Korea is projected to drive the Diisopropanolamine (DIPA) market during the forecast period. China and India are expected to account for prominent share of the Diisopropanolamine (DIPA) market in Asia Pacific during the forecast period.

Based on region, the global Diisopropanolamine (DIPA) market is 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. North America and Europe are anticipated to follow Asia Pacific.

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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 fueled 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.

Large number of companies operate in the global Diisopropanolamine (DIPA) market. Furthermore, several regional and local traders, distributors, and importers supply DIPA to end-users. Prominent companies operating in the global DIPA market are included in this report to give a better competitive landscape and these are LANXESS, BASF SE, Dow Chemical Company, ANGUS Chemical Company, and Hongbaoli Group.

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