Press release
Phthalic Anhydride (PA) Market is estimated to grow at a CAGR of 3.6% during 2016 to 2021 Aekyung Petrochemicals, BASF SE, ExxonMobil Chemical and PolyntSpA, ExxonMobil, Thirumalai
According to the research report, the global consumption of phthalic anhydride Market was over 4.3 million tons in 2012 and is expected to grow at a CAGR of 3.6% over the forecast period.
Browse details of 127 numbers of pages research report developed on Global Phthalic Anhydride (PA) Market @ https://www.researchcosmos.com/reports/global-phthalic-anhydride-market-report-2017-industry-analysis-trends-and-market-overview/6591158
Global Phthalic Anhydride (PA) Market Drivers, Challenges and Opportunities:
The global phthalic anhydride industry is expected to grow due to the increased scope in the plastics industry. It is widely used for the manufacture of phthalate plasticisers, which are in turn used in the production of polyvinyl chloride (PVC), unsaturated polyester resins, alkyd resins, dyes and insect repellents. It is expected that the growing demand for these products will stimulate growth later. The growing demand for products containing phthalic anhydride in several end-use sectors, such as paints and coatings, medical devices, appliances and furniture, is expected to grow over the forecast period. In addition, its growing use in the manufacture of unsaturated polyester resins (UPR), itself used in the manufacture of glass fiber reinforced plastics, will likely stimulate demand in the coming years.
The toxic nature of alkyd resins and phthalates as well as strict environmental regulations may limit growth. In addition, world prices for phthalic anhydride have fluctuated significantly in recent years due to volatile commodity prices and rising energy costs.
However, the growing demand for polyester polyols used in polyurethane manufacturing is expected to provide strong opportunities over the forecast period.
Global Phthalic Anhydride (PA) Market Regional Analysis:
The Asia-Pacific region was the largest consumer in 2013 due to growth in the construction and automotive industries, particularly in China and India. The phthalic anhydride market in Asia-Pacific was valued at USD 3,550 million in 2013 and solid growth is expected over the forecast period due to the abundant availability of raw materials. Europe represents the second largest share in terms of volume and turnover and is expected to rise at an annual growth rate of 3.8% between 2014 and 2020.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/global-phthalic-anhydride-market-report-2017-industry-analysis-trends-and-market-overview/6591158
Global Phthalic Anhydride (PA) Market Key Market Players:
The global phthalic anhydride market is fragmented due to the presence of many manufacturing companies. The main participants include UPC Technology Corp., Aekyung Petrochemicals, BASF SE, ExxonMobil Chemical and PolyntSpA, ExxonMobil, Thirumalai, Stepan, Koppers, Polynt, Proviron
Global Phthalic Anhydride (PA) Market Segmentation:
By Type
• O-xylene Catalytic Oxidation
• Naphthalene Catalytic Oxidation
By Industry
• Plasticizers
• UPR
• Alkyd Resins
• Others
By Channel
• Plasticizers
• UPR
• Alkyd Resins
• Others
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/global-phthalic-anhydride-market-report-2017-industry-analysis-trends-and-market-overview/6591158
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
Contact:
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Phthalic Anhydride (PA) Market is estimated to grow at a CAGR of 3.6% during 2016 to 2021 Aekyung Petrochemicals, BASF SE, ExxonMobil Chemical and PolyntSpA, ExxonMobil, Thirumalai here
News-ID: 1653707 • Views: …
More Releases from Research Cosmos
Mobile Phone Insurance Market Size to Reach USD 32.24 Bn By 2025
The size of the Global mobile phone insurance market is estimated to reach USD 32.24 billion by 2025, growing at a CAGR of 12.5%, as per the recently published report by Research Cosmos. It is worth to claim insurance for mobile phones as we are spending a lot of money on purchasing. The policies include accidental damage, water damage, and screen cracking.
Browse details of the report @ https://www.researchcosmos.com/reports/mobile-phone-insurance-market/199557834
Growing utilization…
Social Employee Recognition Systems Market Predicted to grow at a CAGR of xx By …
Social Employee Recognition Systems Market Analysis Size, Growth rate and Overview:
Social Employee Recognition Systems Market was valued at USD xx million in 2018 and is expected to reach almost USD xx million by the end of 2025, growing at a CAGR of around xx% over the predicted period.
Throughout the world, social employee recognition systems have expanded dramatically to address the need to move away from traditional methods and programs of…
More Releases for Phthalic
Phthalic Anhydride Market: An Extensive Analysis Predicts Significant Future Gro …
Phthalic Anhydride Market is the latest research study released by USD Analytics Market evaluating the market, size, share, sales, highlighting opportunities, risk analysis, and leveraging with strategic and tactical decision-making support. The factors that impact growth and rules concerning the use of information, the accessibility of dependable products in the market, and the enhancement of operational efficiency among players in Phthalic Anhydride. Information on market development, trends, capabilities, technologies, and…
Phthalic Anhydride Market Growth | Size, Business Opportunities, Competitive Lan …
The global phthalic anhydride market, as reported by Allied Market Research, attained a valuation of $3.7 billion in 2020 and is anticipated to reach $5.6 billion by 2030, exhibiting a CAGR of 4.2% from 2021 to 2030. This report provides an extensive analysis of market dynamics, trends, and growth opportunities.
Phthalic Anhydride: Properties and Applications:
Phthalic anhydride, a white organic crystalline compound, is extensively utilized in various industries for the manufacturing of…
Phthalic Anhydride Market Size, Share, Growth Analysis, Business
According to a report by Allied Market Research, the global phthalic anhydride market reached $3.7 billion in 2020 and is anticipated to hit $5.6 billion by 2030, with a compound annual growth rate (CAGR) of 4.2% from 2021 to 2030.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/A12103
The market's growth is attributed to the increased utilization of phthalic anhydride in the production of alkyd resin and plasticizers, a rise in alkyd resin consumption within…
Phthalic Anhydride Market - Segmentation Analysis and Forecast
Global Phthalic Anhydride Market is growing at a rate of 3.10% for the forecast period of 2020 to 2027.
In the winning Global Phthalic Anhydride Market report, competitor strategies are also analysed in regard of their recent developments, new product launches, joint ventures, mergers and acquisition which helps to guess the scope of improvement for the client business. No stone is left unturned while analysing the market and preparing this market…
Why Phthalic Anhydride Market fastest growth segment should surprise us?
HTF Market Intelligence released a new research report of 71 pages on title 'Global Phthalic Anhydride Industry Outlook to 2023 - Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants' with detailed analysis, forecast and strategies. The study covers key regions and important players such as UPC Technology, Aekyung Petrochemical, BASF, ExxonMobil, Polynt, Stepan, Proviron, Koppers, Thirumalai Chemicals, Mitsubishi Gas Chemical, Nippon Steel & Sumitomo Metal,…
What's driving the Phthalic Anhydride Market trends?BASF, ExxonMobil, Aekyung
The latest report on Global Phthalic Anhydride Market is prepared by Up Market Research that covers surveys from various coveted organizations across different geographical locations to come up with the assertive 100+ page report. The report consists of qualitative and competitive analysis of the key market developments, involving the challenges, competition, and opportunities available that may set trends in the Phthalic Anhydride market. The report bridges the historical data from…
