Press release
Phthalic Anhydride Market Expected to Reach USD 6.73 Billion by 2029, with 6.6% CAGR
Phthalic Anhydride Market
The report's primary objective is to deliver an all-encompassing evaluation of the market landscape. It accomplishes this by employing a well-considered research methodology, incorporating historical data, industry-validated market statistics, and projections. The research also includes analyses such as PEST analysis, PORTER's analysis, and SWOT analysis to guide stakeholders in strategic decision-making for future investments and endeavors in the evolving Phthalic Anhydride Market.
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What are Phthalic Anhydride Market Dynamics?
Market Drivers and Restraints:
The report outlines the critical drivers propelling the market's growth. The high demand for plasticizers driven by PVC applications in construction and automotive industries, coupled with efficient catalyst technologies, are significant drivers. Conversely, the transition towards non-phthalate alternatives poses a restraint to the market's expansion.
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Phthalic Anhydride Market Segmentation?
Based on derivatives, the Plasticizers segment is anticipated to dominate the global market and provide a significant revenue share throughout the forecast period. During the predicted time frame, the plasticizers market is expected to be driven by the rising demand for plasticizers for the production of flexible PVC. Approximately 85% of the plasticizers market is consumed by the production of flexible PVC. The need to soften plastics for use in a variety of end uses, including wire and cable, film and sheet, flooring, and wall covering, among others, has increased demand for plasticizers. The main causes of the high rise of phthalates are their widespread use in many industries and simplicity of use at low cost rates of phthalate plasticizers.
by Derivatives
Plasticizers
Unsaturated polyester resins
Alkyd resins
Flame retardant
Dyes & pigments
by Process
O-Xylene Catalytic Oxidation
Naphthalene Catalytic Oxidation
by End User
Automotive
Electrical and electronics
Construction
Others
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Who are Phthalic Anhydride Market Key Players?
1. BASF SE
2. Hongxin Chemical
3. NAN YA PLASTICS CORPORATION
4. ExxonMobil Corporation
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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Table of content for the Phthalic Anhydride Market includes:
Global Phthalic Anhydride Market: Research Methodology
Global Phthalic Anhydride Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Phthalic Anhydride Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Phthalic Anhydride Market Segmentation
Global Market, by Derivatives (2022-2029)
Global Market, by Process (2022-2029)
Global Market, by End User (2022-2029)
Regional Phthalic Anhydride Market (2022-2029)
Regional Market, by Derivatives (2022-2029)
Regional Market, by Process (2022-2029)
Regional Market, by End User (2022-2029)
Regional Market, by Country (2022-2029)
Global Company Profile: Key players
Company Overview by Country
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report @ : https://www.maximizemarketresearch.com/request-customization/24477
Regional Insights:
Geographically, the report provides insights into various regional markets. Notably, the surge in infrastructure development and housing projects in India boosts Phthalic Anhydride demand. Asia-Pacific, driven by investments and demand from the automotive and construction sectors, is set to be a pivotal market. Meanwhile, North America shows steady demand from the construction and renovation industries. The Middle East & Africa region is witnessing moderate demand due to government initiatives for the tourism industry's growth.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
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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