Phthalic Anhydride Market to See Massive Growth by 2032

Phthalic Anhydride Market Research Report 2024 - [126 Pages Report] Request Free Sample PDF

"Phthalic Anhydride Market" is expected to experience significant growth by 2032 driven by technological innovation, changing consumer preferences, and supportive policies. Whether you're an investor, a business owner, or simply interested in emerging markets, understanding these dynamics will help you navigate and capitalize on this exciting opportunity. The future of the Phthalic Anhydride market is bright and the next decade promises to be revolutionary.

Economic stability and growth in key regions will influence market performance. Fluctuations in currency exchange rates and trade policies will also impact market dynamics.

This detailed High End Wireless Speakers Market research report is spread across 126 pages.

Who is the largest manufacturers of Phthalic Anhydride Market worldwide?

• BASF
• ExxonMobil
• Aekyung
• Thirumalai
• Stepan
• Koppers
• UPC Group
• Polynt
• Proviron
• Lanxess
• CEPSA
• Uralkhimprom
• IG Petrochemicals
• Nan Ya Plastics
• Deza
• Perstorp
• Shenghe
• Bluesail
• Henan Qing'an Chemical
• HongXin Company
• Anhui Tongling Chemical
• New Solar
• Jiangsu Sanmu Group
• Mitsubishi Gas Chemical

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Short Description About Phthalic Anhydride Market:

The Global Phthalic Anhydride market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2032. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Phthalic anhydride is a toxic, white solid crystalline compound in various forms or a clear molten liquid, with an irritating odor. It is slightly soluble in hot water, hydrolysing to phthalic acid. PA is soluble in alcohol and carbon disulphide. It reacts with strong oxidants and responds violently when heated with copper oxide or sodium nitrite, to cause an explosion hazard.

Phthalic anhydride is obtained from oxidation of o-xylene or naphthalene in presence of a catalyst usually a vanadium/titanium pentoxide. Plasticizers are the important application area for phthalic anhydride, followed by unsaturated polyester resins (UPR) and alkyd resins.

Market Analysis and Insights: Global and United States Phthalic Anhydride Market

This report focuses on global and United States Phthalic Anhydride market, also covers the segmentation data of other regions in regional level and county level.

Due to the COVID-19 pandemic, the global Phthalic Anhydride market size is estimated to be worth USD 11240 million in 2022 and is forecast to a readjusted size of USD 14390 million by 2028 with a CAGR of 4.2Percent during the review period. Fully considering the economic change by this health crisis, by Type, O-xylene Catalytic Oxidation accounting for Percent of the Phthalic Anhydride global market in 2021, is projected to value USD million by 2028, growing at a revised Percent CAGR in the post-COVID-19 period. While by Application, Plasticizers was the leading segment, accounting for over percent market share in 2021, and altered to an Percent CAGR throughout this forecast period.

Plasticisers are the important application area for phthalic anhydride, about 51.04Percent of phthalic anhydride consumption is used for the production of plasticisers, followed by unsaturated polyester resins (UPR) and alkyd resins. The major end-use markets of phthalic anhydride include construction, automotive and marine industries.

Global Phthalic Anhydride Scope and Market Size

Phthalic Anhydride market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Phthalic Anhydride market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

For United States market, this report focuses on the Phthalic Anhydride market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

What are the factors driving the growth of the Phthalic Anhydride Market?

Growing demand for below applications around the world has had a direct impact on the growth of the Phthalic Anhydride

• Plasticizers
• UPR
• Alkyd Resins
• Others

What are the types of Phthalic Anhydride available in the Market?

Based on Product Types the Market is categorized into Below types that held the largest Phthalic Anhydride market share In 2024.

• O-xylene Catalytic Oxidation
• Naphthalene Catalytic Oxidation

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Which regions are leading the Phthalic Anhydride Market?

• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
• South America (Brazil, Argentina, Columbia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This Phthalic Anhydride Market Research/Analysis Report Contains Answers to your following Questions

• What are the global trends in the Phthalic Anhydride market? Would the market witness an increase or decline in the demand in the coming years?
• What is the estimated demand for different types of products in Phthalic Anhydride? What are the upcoming industry applications and trends for Phthalic Anhydride market?
• What Are Projections of Global Phthalic Anhydride Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
• Where will the strategic developments take the industry in the mid to long-term?
• What are the factors contributing to the final price of Phthalic Anhydride? What are the raw materials used for Phthalic Anhydride manufacturing?
• How big is the opportunity for the Phthalic Anhydride market? How will the increasing adoption of Phthalic Anhydride for mining impact the growth rate of the overall market?
• How much is the global Phthalic Anhydride market worth? What was the value of the market In 2023?
• Who are the major players operating in the Phthalic Anhydride market? Which companies are the front runners?
• Which are the recent industry trends that can be implemented to generate additional revenue streams?
• What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Phthalic Anhydride Industry?

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Detailed TOC of Global Phthalic Anhydride Market Research Report, 2024-2032

1 Market Overview

1.1 Product Overview and Scope of Phthalic Anhydride

1.2 Classification of Phthalic Anhydride by Type

1.2.1 Overview: Global Phthalic Anhydride Market Size by Type: 2017 Versus 2022 Versus 2032

1.2.2 Global Phthalic Anhydride Revenue Market Share by Type in 2022

1.3 Global Phthalic Anhydride Market by Application

1.3.1 Overview: Global Phthalic Anhydride Market Size by Application: 2017 Versus 2022 Versus 2032

1.4 Global Phthalic Anhydride Market Size and Forecast

1.5 Global Phthalic Anhydride Market Size and Forecast by Region

1.6 Market Drivers, Restraints and Trends

1.6.1 Phthalic Anhydride Market Drivers

1.6.2 Phthalic Anhydride Market Restraints

1.6.3 Phthalic Anhydride Trends Analysis

2 Company Profiles

2.1 Company

2.1.1 Company Details

2.1.2 Company Major Business

2.1.3 Company Phthalic Anhydride Product and Solutions

2.1.4 Company Phthalic Anhydride Revenue, Gross Margin and Market Share (2020,2021,2022, and 2023)

2.1.5 Company Recent Developments and Future Plans

3 Market Competition, by Players

3.1 Global Phthalic Anhydride Revenue and Share by Players (2020,2021,2022, and 2023)

3.2 Market Concentration Rate

3.2.1 Top3 Phthalic Anhydride Players Market Share in 2022

3.2.2 Top 10 Phthalic Anhydride Players Market Share in 2022

3.2.3 Market Competition Trend

3.3 Phthalic Anhydride Players Head Office, Products and Services Provided

3.4 Phthalic Anhydride Mergers and Acquisitions

3.5 Phthalic Anhydride New Entrants and Expansion Plans

4 Market Size Segment by Type

4.1 Global Phthalic Anhydride Revenue and Market Share by Type (2017-2023)

4.2 Global Phthalic Anhydride Market Forecast by Type (2024-2032)

5 Market Size Segment by Application

5.1 Global Phthalic Anhydride Revenue Market Share by Application (2017-2023)

5.2 Global Phthalic Anhydride Market Forecast by Application (2024-2032)

6 Regions by Country, by Type, and by Application

6.1 Phthalic Anhydride Revenue by Type (2017-2032)

6.2 Phthalic Anhydride Revenue by Application (2017-2032)

6.3 Phthalic Anhydride Market Size by Country

6.3.1 Phthalic Anhydride Revenue by Country (2017-2032)

6.3.2 United States Phthalic Anhydride Market Size and Forecast (2017-2032)

6.3.3 Canada Phthalic Anhydride Market Size and Forecast (2017-2032)

6.3.4 Mexico Phthalic Anhydride Market Size and Forecast (2017-2032)

7 Research Findings and Conclusion

8 Appendix

8.1 Methodology

8.2 Research Process and Data Source

8.3 Disclaimer

9 Research Methodology

10 Conclusion

Continued….

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