Phthalic Anhydride Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Phthalic Anhydride Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Phthalic Anhydride market, with forecasts outspreading to the year 2030.
Projected Growth Trajectory for Phthalic Anhydride Market:
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.
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Phthalic Anhydride Market Scope and Methodology:
The Phthalic Anhydride market research offers in-depth details on important factors, such as those anticipated to fuel the industry’s expansion and impending challenges. Stakeholders will have a solid understanding of the industry’s competitive landscape, the products pushed by well-known brands, and the investment potential in the Phthalic Anhydride market. Both the qualitative and quantitative aspects of the industry are covered in the study. The MMR investigation’s purview includes a thorough analysis of the competition for the Phthalic Anhydride Market.
Many additional requirements, each with a detailed reason, are included in the study. In order to build the Phthalic Anhydride Market, a wide range of primary and secondary sources of information were taken into consideration, including government documents, websites, yearly reports, and expert and professional opinions.
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Phthalic Anhydride Market Regional Insights:
The market size, growth rate, import and export by region, and other relevant statistics are all thoroughly analyzed in this study. The regional analysis of the research makes it easy to understand the Phthalic Anhydride market situations in different countries. The markets in Latin America, Africa, Asia Pacific, North America, and the Middle East make up the Phthalic Anhydride market.
Phthalic Anhydride Market Segmentation:
by Derivatives
Plasticizers
Unsaturated polyester resins
Alkyd resins
Flame retardant
Dyes & pigments
Over the course of the forecast period, the Plasticizers sector is anticipated to continue to dominate the global market and provide a significant revenue share. 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. The primary causes of the rapid expansion of phthalate plasticizers are their widespread application across numerous industries and their affordability.
by Process
O-Xylene Catalytic Oxidation
Naphthalene Catalytic Oxidation
by End User
Automotive
Electrical and electronics
Construction
Others
In terms of revenue, the construction industry holds the largest proportion of the global market. 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
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Key questions answered in the Phthalic Anhydride Market are:
- What is Phthalic Anhydride?
- What was the Phthalic Anhydride market size in 2023?
- What is the growth rate of the Phthalic Anhydride Market?
- Which are the factors expected to drive the Phthalic Anhydride market growth?
- What is the CAGR at which the Phthalic Anhydride market will grow during the forecast period?
- What are the different segments of the Phthalic Anhydride Market?
- Which is the fastest growing region in the Phthalic Anhydridemarket?
- What growth strategies are the players considering to increase their presence in Phthalic Anhydride?
- What are the upcoming opportunities and trends for the Phthalic Anhydride Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for 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?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- 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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