Phthalic Anhydride Market Overview
The total global market for the “Phthalic Anhydride Market”size was valued at USD 4.58 Bn. in 2023 and the total Phthalic Anhydride revenue is expected to grow by 6.6 % from 2024 to 2030, reaching nearly USD 7.17 Bn.The report analyzed by Maximize Market Research, on the Phthalic Anhydride market, covers an extensive regional analysis and competitive landscape.
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Phthalic Anhydride Market Report Scope and Research Methodology
The portfolio, technology adoption, financial standing, merger and acquisition, joint ventures and strategic alliances are involved in the competitive environment for the Phthalic Anhydride market. The report is an in-depth analysis of the Phthalic Anhydride market provided with key findings including Pricing, investments, expansion plans, and physical presence in the Phthalic Anhydride market. The bottom-up approach was used to understand the Phthalic Anhydride market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities, and challenges of the Phthalic Anhydride market.
To provide precise data insights, Maximize Market Research makes use of the most recent research instruments. Our professionals provide the greatest study papers with suggestions for producing income. Researchers conduct in-depth studies utilizing both top-down and bottom-up approaches. This facilitates examining the market from several angles. This helps the market researchers further in their segmentation of several market categories for individual analysis. We designate data triangulation tactics to investigate various market segments. In this approach, we guarantee that each and every one of our clients receives trustworthy market insights.
Phthalic Anhydride Market Regional Insights
Regional analysis is conducted to assess the status of the Phthalic Anhydride market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Phthalic Anhydride market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.
Phthalic Anhydride Market Segmentation
by Derivatives
Plasticizers
Unsaturated polyester resins
Alkyd resins
Flame retardant
Dyes & pigments
According to the derivatives, the plasticizers sector is anticipated to dominate the global market and generate a significant portion of revenue over the course of the projected year. The plasticizers market is expected to be driven during the projected period by the growing demand for plasticizers for the production of flexible PVC. Approximately 85% of the plasticizers market is devoted to the production of flexible PVC. Plasticizers are in high demand because of the need to soften plastics so they can be used in a variety of End uses, including flooring, wall covering, film and sheet, and wire and cable.
by Process
O-Xylene Catalytic Oxidation
Naphthalene Catalytic Oxidation
by End User
Automotive
Electrical and electronics
Construction
Others
According to End Users, the global market’s largest revenue share is accounted for by the construction segment. The construction sector is anticipated to have the largest market for phthalic anhydride since it uses PVC, UPR, and alkyd resin in a variety of goods for a broad customer base. But as the economy shifts to being driven by customers and services, there are opportunities for growth in the construction sector due to the need for structures that serve retail, healthcare, education, and other end-markets for customers.
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Phthalic Anhydride Market Key Players
1. BASF SE [Germany]
2. Hongxin Chemical
3. NAN YA PLASTICS CORPORATION
4. ExxonMobil Corporation [United States]
5. Aekyung Petrochemical Co., Ltd
6. I G Petrochemicals Limited
7. Polynt SPA
8. Koppers Inc.
9. Mitsubishi Gas Chemicals Co. Inc.
10. UPC Group
11. Asian Paints
12. Shandong Hongxin
13. Cp-Chem Co. Ltd.
14. LANXESS
15. Proviron Basic Chemicals
16. Slovnaft
17. Thirumalai Chemicals Ltd
18. Hanwha Chemical Corporation
19. OCI Company Limited
𝗖𝗹𝗶𝗰𝗸 𝗵𝗲𝗿𝗲 𝘁𝗼 𝘃𝗶𝗲𝘄 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗶𝗻 𝗳𝘂𝗹𝗹 𝗱𝗲𝘁𝗮𝗶𝗹 – https://www.maximizemarketresearch.com/market-report/global-phthalic-anhydride-market/24477/
Key questions answered in the Phthalic Anhydride Market are:
- What is Phthalic Anhydride?
- Which are the factors expected to drive the Phthalic Anhydride market growth?
- What are the different segments of the Phthalic Anhydride Market?
- What growth strategies are the players considering to increase their presence in Phthalic Anhydride?
- What are the upcoming industry applications and trends for the Phthalic Anhydride Market?
- What segments are covered in the Phthalic Anhydride Market?
- Who are the leading companies and what are their portfolios in Phthalic Anhydride Market?
- What segments are covered in the Phthalic Anhydride Market?
- Who are the key players in the Phthalic Anhydride market?
Key Offerings:
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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