The Global Phthalic Anhydride Market was valued at USD XX million in 2016, and is expected to grow at a CAGR of 9.28% by 2025. This market is driven by High demand for PVC in construction and the automotive industry is expected to fuel the demand for plasticizers and ensure the stable revenue source for the global phthalic anhydride market over the forecast period.
The growing application of UPR in reinforced laminates and surface coatings is expected to propel the global phthalic anhydride market to a large extent in the construction, automotive, and electrical & electronics industry. Alkyd resins are widely used in paints & varnishes, particularly solvent-based coatings.
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Increasing demand for coatings & paints for improving corrosion and thermal resistance in automotive and construction industries are expected to promote the need for alkyd resins, which positively impact the growth of the global phthalic anhydride market over the forecast period.
Additionally, phthalic anhydride is used to make flame retardants, which finds wide applications in electronics products, foams of furniture, and car seats among other. Thus, it is expected to propel high demand from automotive, home furnishing, and electrical & electronics industry. Furthermore, huge demand for dyes & pigments from plastics and paints & coating industry is expected to show rising demand for phthalic anhydride in the coming years.
Some of the key players operating in this market include BASF SE (Germany), Hongxin Chemical (China), NAN YA PLASTICS CORPORATION (Taiwan), ExxonMobil Corporation (U.S.), AEKYUNG PETROCHEMICAL Co., Ltd (Republic of Korea), I G Petrochemicals Limited (India), Polynt SPA (Italy), Koppers Inc. (U.S.), Mitsubishi Gas Chemicals Co. Inc. (Japan), and UPC Group (Taiwan), and Others.
Key Benefits of the Report:
* Global, Regional, Country, End User, and Application Market Size and Forecast from 2014-2025
* Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
* Identification of key companies that can influence this market on a global and regional scale
* Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
* Detailed insights on emerging regions, Application & End User, and competitive landscape with qualitative and quantitative information and facts
Global Phthalic Anhydride Industry 2018 Market Research Report is spread across 121 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.
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* Manufacturers and suppliers
* Academic research institutes
* Research and development (R&D) companies
* Business research and consulting service providers
Research Methodology
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
* Original Equipment Manufacturer,
* Component Supplier,
* Distributors,
* Government Body & Associations, and
* Research Institute
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Table Of Content
1 Executive Summary
2 Methodology And Market Scope
3 Phthalic Anhydride Market — Industry Outlook
4 Phthalic Anhydride Market Application Outlook
5 Phthalic Anhydride Market End User Outlook
6 Phthalic Anhydride Market Regional Outlook
7 Competitive Landscape
End Of The Report
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