Diisopropyl Malonate is a specialty chemical primarily used as an intermediate in the production of Isoprothiolane, a systemic fungicide applied to control rice diseases such as stem rot, blast, and Fusarium leaf spot. The market is highly niche, with its demand closely linked to global rice production, which the USDA estimates at 516 million tons for the 2023/2024 season. The Asia Pacific region, accounting for 90% of the world’s rice output, drives the majority of consumption, with China and India producing about 60% of the region’s total.
Diisopropyl Malonate is synthesized through a reaction with carbon disulfide and ethylene dichloride in the presence of potassium hydroxide, yielding crude Isoprothiolane technical. Hebei Chengxin, the largest producer with a 2,000-ton capacity, dominates this market, supported by Weifang Binhai Petro-Chem Co. Ltd., reflecting its concentrated production base.
Innovations in fungicide formulations could enhance Diisopropyl Malonate’s utility in rice disease management.
Rising focus on food security in Asia supports long-term demand for rice-related agrochemicals.
Dependence on rice cultivation trends exposes it to risks from weather, policy changes, or shifts in agricultural practices.
Regulatory restrictions on agrochemicals pose compliance challenges for producers.
This product will be delivered within 1-3 business days.
Diisopropyl Malonate is synthesized through a reaction with carbon disulfide and ethylene dichloride in the presence of potassium hydroxide, yielding crude Isoprothiolane technical. Hebei Chengxin, the largest producer with a 2,000-ton capacity, dominates this market, supported by Weifang Binhai Petro-Chem Co. Ltd., reflecting its concentrated production base.
Market Size and Growth Forecast
The global Diisopropyl Malonate market is projected to reach 5 to 10 million USD by 2025, with an estimated compound annual growth rate (CAGR) of 1.5% to 2.5%. This modest growth reflects stable demand tied to rice cultivation and disease management needs.Regional Analysis
The market’s regional trends are heavily influenced by rice production:
- Asia Pacific: Growth of 2.0-3%. China and India dominate, with India’s rice output projected to increase 17% by 2030, boosting fungicide demand. China’s output is expected to grow only 4% over the same period, maintaining steady consumption.
- Other Regions: Minimal growth of 0.5-1.5%. Limited rice production in North America, Europe, and other areas restricts Diisopropyl Malonate demand, with minor use in specialty applications.
Application Analysis
Diisopropyl Malonate’s applications are narrow but critical:
- Isoprothiolane: Growth of 1.5-2.5%. As a systemic fungicide, Isoprothiolane’s demand is tied to rice disease prevalence and agricultural output, with steady growth in Asia’s rice-heavy economies.
- Others: Growth of 1.0-2%. Includes minor uses in chemical synthesis, with limited expansion due to the market’s niche focus.
Key Market Players
The market features two key producers:
- Hebei Chengxin: The global leader with a 2,000-ton capacity, Hebei Chengxin supplies Diisopropyl Malonate primarily for agrochemical use in Asia.
- Weifang Binhai Petro-Chem Co. Ltd.: A notable Chinese producer, this company supports the market with its expertise in specialty chemicals.
Porter’s Five Forces Analysis
- Threat of New Entrants: Low. The niche nature of the market, combined with high production expertise, deters new players, preserving the dominance of established firms.
- Threat of Substitutes: Low. Few alternatives exist for Isoprothiolane production, securing Diisopropyl Malonate’s position in rice fungicide synthesis.
- Bargaining Power of Buyers: High. Agrochemical companies, particularly in Asia, can influence pricing due to their reliance on few suppliers, giving them leverage.
- Bargaining Power of Suppliers: Moderate. Raw material suppliers have some control, but the market’s small scale limits their overall impact.
- Competitive Rivalry: Low. With only a handful of players, competition is minimal, focusing on reliability and capacity rather than aggressive market share battles.
Market Opportunities and Challenges
Opportunities:
Growth in rice production, especially in India, offers potential for increased Isoprothiolane demand.Innovations in fungicide formulations could enhance Diisopropyl Malonate’s utility in rice disease management.
Rising focus on food security in Asia supports long-term demand for rice-related agrochemicals.
Challenges:
The market’s small size and narrow application scope limit significant growth opportunities.Dependence on rice cultivation trends exposes it to risks from weather, policy changes, or shifts in agricultural practices.
Regulatory restrictions on agrochemicals pose compliance challenges for producers.
This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Forecast Diisopropyl Malonate Market in North America (2020-2030)
Chapter 10 Historical and Forecast Diisopropyl Malonate Market in South America (2020-2030)
Chapter 11 Historical and Forecast Diisopropyl Malonate Market in Asia & Pacific (2020-2030)
Chapter 12 Historical and Forecast Diisopropyl Malonate Market in Europe (2020-2030)
Chapter 13 Historical and Forecast Diisopropyl Malonate Market in MEA (2020-2030)
Chapter 14 Summary For Global Diisopropyl Malonate Market (2020-2025)
Chapter 15 Global Diisopropyl Malonate Market Forecast (2025-2030)
Chapter 16 Analysis of Global Key Vendors
List of Tables and Figures
Companies Mentioned
- Hebei Chengxin
- Weifang Binhai Petro-Chem Co. Ltd.
