Phthalic Anhydride Market Size, Share, Regional Overview and Global Forecast to 2028

Phthalic Anhydride Market report published by Value Market Research, which studies the future outlook of the market. It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2022-2028.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the phthalic anhydride market include 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. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The rising production of plasticizers for the plastic industry primarily drives the global phthalic anhydride market. The plasticizer segment acquires around two-third of the share in the overall market. Increasing demand from emerging countries of the Asia-Pacific region and a significant rise in unsaturated polyester resins and alkyd resins propels the demand for phthalic anhydride. Booming demand from end-use industries to produce polyester polyols, pigments, dyes, sweeteners, primary amines, the agricultural fungicide phaltan, thalidomide, and flame retardants also contribute to the growing demand for phthalic anhydride. Key players in the Asia Pacific are expanding their production capacities to meet their local demand and reduce imports. However, the toxic nature and emerging trends of plasticizer manufacturing to become increasingly phthalate-free restrain the market growth.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of phthalic anhydride. The growth and trends of phthalic anhydride industry provide a holistic approach to this study.

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Market Segmentation

This section of the phthalic anhydride market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Application

• Plasticizers
• Alkyd Resins
• Unsaturated Polyester Resins
• Other

By End-user Industry

• Automotive
• Electrical and Electronics
• Paints and Coatings
• Plastics
• Other

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Phthalic Anhydride market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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