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    Phthalic Anydride Market Report

    Phthalic Anydride Market Report
    Report code - SRAM210 Delivery - 2 Weeks
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    Phthalic Anhydride Market Size, Share, Trend, Forecast, & Industry Analysis – 20 See more...

    Market Insights

    Phthalic anhydride market is likely to witness an impressive CAGR of 5.2% during the forecast period. The increasing demand for glass fiber-reinforced plastics in various industries is expected to stimulate the global phthalic anhydride market during the forecast period.

    Phthalic Anhydride Market - Snapshot


    5.2% for the next five years

    Major Derivates types


    Region with the highest demand


    Key Players

    Aekyung Petrochemical Co. Ltd., Asian Paints Ltd., BASF S.E., C-Chem Co. Ltd., Exxon Mobil Corporation, I.G. Petrochemicals Ltd., Koppers Inc., Mitsubishi Gas Chemicals Co. Ltd., Nan Ya Plastics Corp., and Polynt Spa.

    Segments' Analysis

    Phthalic Anhydride Market Share: By Derivates Type 

    Based on the derivates type, the market is segmented as plasticizers, unsaturated polyester resins, and alkyd resins. Plasticizers are the significant application parts for phthalic anhydride, tracked by unsaturated polyester resins and alkyd resins. The growing demand for molding of PVC articles is stimulating its demand majorly in the Asia-Pacific and ROW regions. The increasing application of UPR in reinforced laminates and surface coatings is driving its demand and that for alkyd resins, is primarily propelled by the progress in demand for solvent-borne coatings. However, solvent-borne coatings are exceedingly being substituted by water-borne and powder coatings in their scope of application.

    Phthalic Anhydride Market Share: By Region

    In terms of regions, Asia-Pacific, South America, and the Middle East signify an increasing demand for PA, while in North America and Europe, the development for its demand is estimated to be relatively low. The prime reason is the toxic profile of phthalic anhydride which may reach into the environment by inhalation or leaching. While, noxiousness of phthalic anhydride is the chief reason for limitations on its use, it should be made obvious that not all phthalic anhydride-based products are detrimental or toxic at normal level.


    Market Scope & Segmentation

    Phthalic Anhydride is a crystalline compound that is prepared by oxidization of naphthalene. The compound can act as an intermediate in the process of manufacturing of resins, dyes, and plastics. This crystalline compound is mainly colorless with a needle like structure but at times can appear to be a lustrous white solid. It has a mild odor and is toxic in nature.

    Phthalic Anhydride is majorly used in polyester resins production. Also, it is used in alkyd resins production that is used in urethane polyester polyols, insect repellents, lacquers, and paints. Rubber scorch is another area where the compound is used. 

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Phthalic Anhydride Market Research Report – Features

    Market Segmentation

    2 ways

    Regions Covered


    Countries/Sub-Regions Covered


    No. of Figures & Tables


    Company Profiles



    The phthalic anhydride market is segmented into the following categories. 

    Phthalic Anhydride Market Size, Share, & Forecast, by Derivatives Type:

    • Plasticizers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Unsaturated Polyester Resins (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Alkyd Resins (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Phthalic Anhydride Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the major players in the phthalic anhydride market are-

    • Aekyung Petrochemical Co. Ltd.
    • Asian Paints Ltd.
    • BASF S.E.
    • C-Chem Co. Ltd.
    • Exxon Mobil Corporation
    • I.G. Petrochemicals Ltd.
    • Koppers Inc.
    • Mitsubishi Gas Chemicals Co. Ltd.
    • Nan Ya Plastics Corp.
    • Polynt Spa.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the country types by derivatives type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The phthalic anhydride market is expected to witness an impressive growth of 5.2% CAGR in the coming years.

    Aekyung Petrochemical Co. Ltd., Asian Paints Ltd., BASF S.E., C-Chem Co. Ltd., Exxon Mobil Corporation, I.G. Petrochemicals Ltd., Koppers Inc., Mitsubishi Gas Chemicals Co. Ltd., Nan Ya Plastics Corp., and Polynt Spa are among the key players in the phthalic anhydride market.

    Plasticizer is the major derivative type in the phthalic anhydride market.

    Asia-pacific have the highest demand in the phthalic anhydride market.

    The increasing demand for glass fiber-reinforced plastics in various industries is the factor driving the growth of phthalic anhydride market.


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