Global phthalic anhydride market was valued at USD 3.87 billion in 2021 and is expected to reach USD 6.17 billion by 2029, registering a CAGR of 4.70% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, g
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Phthalic Anhydride Market research report is formulated with a nice blend of industry insight, smart and practical solutions and newest technology to present better user experience. With this market report, businesses can acquire details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product. Phthalic Anhydride Market business report puts a light on several aspects related to industry and market. Few of these major factors are market definition, market segmentation, competitive analysis and research methodology.
Entire Phthalic Anhydride Market analysis report can be mainly categorised into four major areas which are market definition, market segmentation, competitive analysis and research methodology. Each of these topics is researched and analysed in detail for formulating a comprehensive market research report. The report studies the market with respect to general market conditions, market status, market improvement, key developments, cost and profit of the specified market regions, position and comparative pricing between major players. Thus, an international Phthalic Anhydride Market report is very imperative in many ways to raise the business and be successful.
Global phthalic anhydride market was valued at USD 3.87 billion in 2021 and is expected to reach USD 6.17 billion by 2029, registering a CAGR of 4.70% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Market Overview
Global Phthalic Anhydride Market is a white colored organic crystalline compound with the chemical formula C6H4 (CO) 2O generally formed due to catalytic oxidization of O-Xylene. Corrosion may be sped up by its exothermic reaction when in contact with water. Materials such as synthetic resins are produced using it. It is phthalic acid in its form as it is used commercially. Plastics made from vinyl chloride are often produced using phthalic anhydride as a chemical intermediary. Given its dual functionality and accessibility, it is referred to as a flexible intermediate in chemical reactions.
Some of the major players operating in the phthalic anhydride market are
LANXESS (Germany)
Clariant (Switzerland)
Avient Corporation (U.S.)
The Lubrizol Corporation (U.S.)
LG Chem (South Korea)
BASF SE (Germany)
3M (U.S.)
Dow (U.S.)
DuPont (U.S.)
LSB INDUSTRIES (U.S.)
Sika AG (Switzerland)
Innospec (U.S.)
ADEKA CORPORATION (Japan)
Dorf Ketal Chemicals (I) Pvt. Ltd. (U.S.)
PMC Specialties Group (U.S.)
Chemplast Sanmar Limited (India)
Westlake Chemical Corporation (U.S.)
Mitsubishi Chemical Corporation (Japan)
SABIC (Saudi Arabia)
Afton Chemical (U.S.)
Mayzo, Inc. (U.S.)
Solvay (Belgium)
Akzo Nobel N.V. (Netherlands)
Arkema (France)
Eastman Chemical Company (U.S.)
Phthalic Anhydride Market Regional Analysis/Insights
The phthalic anhydride market is analyzed and market size insights and trends are provided by country, process, end user and application as referenced above.
The countries covered in the phthalic anhydride market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the increasing demand of Polyvinyl Chloride (PVC) based components from countries such as China and India.
North America on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing usage across end use industries and surging research and development activities in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Phthalic Anhydride Market Landscape
Part 04: Global Phthalic Anhydride Market Sizing
Part 05: Global Phthalic Anhydride Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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