(2024 - 2029) Phthalic Anhydride and Derivatives Market Top Key Players - UPC Group, BASF, ExxonMobil, Nan Ya Plastics, Hongxin Chemical

Report Introduction: -

QY Research's latest report 'Phthalic Anhydride and Derivatives Market 2024 Report' is a cornerstone of global industries, serving as a foundational element for various sectors such as manufacturing, construction, healthcare, and agriculture. This expansive market encompasses a wide array of products, including specialty chemicals, polymers, metals, ceramics, and composites, among others. From enabling technological advancements to driving innovation and sustainability initiatives, the Phthalic Anhydride and Derivatives market plays a pivotal role in shaping the modern world economy. This report provides an in-depth exploration of the trends, challenges, and opportunities within this dynamic market landscape.

The global market for Phthalic Anhydride and Derivatives was estimated to be worth US$ 7929 million in 2023 and is forecast to a readjusted size of US$ 9575.9 million by 2030 with a CAGR of 2.7% during the forecast period 2024-2030

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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.Plasticizers are the important application area for phthalic anhydride, followed by unsaturated polyester resins (UPR) and alkyd resins.Phthalates are derivatives of phthalic anhydride, they are a family of chemical compounds primarily used to make polyvinyl chloride (PVC) or vinyl flexible and pliant. Phthalates are the most commonly used plasticizers in the world and are categorized as high phthalates and low phthalates, depending on their molecular weight. Among the important plasticizers, DOP and DINP are more commonly used phthalate plasticizers.

Global Phthalic Anhydride and Derivatives key players include UPC Group, BASF, ExxonMobil, etc. Global top three manufacturers hold a share over 35%. China is the largest market, with a share about 50%, followed by Europe and United States, both have a share about 25 percent. In terms of product, O-xylene Catalytic Oxidation Type is the largest segment, with a share about 80%. And in terms of application, the largest application is Phthalate Plasticisers, followed by Alkyd Resins.

Market Drivers and Barriers:-

Phthalic Anhydride and Derivatives market drivers include a few key factors include growing consumer demand for the product, successful marketing tactics in new states, and large investments in product development. Easy access to competitors is one of the main issues facing the Phthalic Anhydride and Derivatives business. Another hurdle to the Phthalic Anhydride and Derivatives market is the low cost of substitutes. Businesses think they can get past this barrier, though, by controlling prices and introducing chemicals, specialty chemicals, polymers, metals, ceramics, composites, and advanced materials sector, which will increase consumer demand for their products. Furthermore, in order to minimise dangers, modify their plans, and continue operating, market participants must face substantial challenges. Consequently, companies will be able to effectively allocate their resources without compromising timely market supply or product quality.

Studies of Methodology:-

The report has its roots truly set in thorough techniques provided with the aid of proficient facts analysts. the study's methodology includes the collection of information through analysts simplest to have them studied and filtered thoroughly in an try to provide good sized predictions approximately the marketplace over the evaluate length. The research method further consists of interviews with main market influencers, which makes the primary research applicable and realistic. The secondary methods give a direct peek into the demand and deliver connection. The market methodologies followed within the record offer specific facts analysis and provide a tour of the whole marketplace. Each number one and secondary techniques to data collection were used. in addition to these, publicly available assets together with annual reviews, and white papers had been utilized by records analysts for an insightful know-how of the marketplace.

Phthalic Anhydride and Derivatives Market Segmentation: -

Our market analysts are experts in deeply segmenting the global Phthalic Anhydride and Derivatives market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Phthalic Anhydride and Derivatives market, taking into consideration the market potential of different segments studied. the Segmentation allows businesses to better understand their target audience and tailor their marketing strategies and offerings to specific segments. Here are two common ways to segment a market: by type and by application.

Top Key Players Included:-

UPC Group
Bluesail
Exxonmobil
Henan Qing'an Chemical Hi-Tech
Nan Ya Plastics
Aekyung Petrochemical
Evonik
Hongxin Chemical
Perstorp
Sinopec Jinling

Segmentation By Type :-

O-xylene Catalytic Oxidation
Naphthalene Catalytic Oxidation

Segmentation By Application : -

Plasticizers
UPR
Alkyd Resins
Others

Regional Analysis:-

The following phase of the report gives valuable insights into distinct regions and the key players working inside every of them. To evaluate the increase of a particular region or economic, social, environmental, technological, and political factors have been carefully taken into consideration. The segment also provides readers with revenue and sales records for each vicinity and accrued via comprehensive research. This record is supposed to assist readers in Figuring out the ability fee of an investment in a particular region.

→ North America (U.S., Canada, China)
→ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
→ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
→ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)

Key Features Of The Study:-

→ This Report Provides In-Depth Analysis Of The Global Phthalic Anhydride and Derivatives Market, And Provides Market Size (US$ Million) And CAGR For The Forecast Period (2024-2030), Considering 2022 As The Base Year.

→ This Report Profiles Key Players In The Global Phthalic Anhydride and Derivatives Market Based On The Following Parameters - Company Details (Found Date, Headquarters, Manufacturing Bases), Products Portfolio, Phthalic Anhydride and Derivatives Sales Data, Market Share And Ranking.

→ This Report Elucidates Potential Market Opportunities Across Different Segments And Explains Attractive Investment Proposition Matrices For This Market.

→ This Report Illustrates Key Insights About Market Drivers, Restraints, Opportunities, Market Trends, Regional Outlook.

→ The Global Phthalic Anhydride and Derivatives Market Report Caters To Various Stakeholders In This Industry Including Investors, Suppliers, Product Manufacturers, Distributors, New Entrants, And Financial Analysts.

Market Overview

1.1 Phthalic Anhydride and Derivatives Product Introduction
1.2 Global Phthalic Anhydride and Derivatives Market Size Forecast
1.2.1 Global Phthalic Anhydride and Derivatives Sales Value (2019-2030)
1.2.2 Global Phthalic Anhydride and Derivatives Sales Volume (2019-2030)
1.2.3 Global Phthalic Anhydride and Derivatives Sales Price (2019-2030)
1.3 Phthalic Anhydride and Derivatives Market Trends & Drivers
1.3.1 Phthalic Anhydride and Derivatives Industry Trends
1.3.2 Phthalic Anhydride and Derivatives Market Drivers & Opportunity
1.3.3 Phthalic Anhydride and Derivatives Market Challenges
1.3.4 Phthalic Anhydride and Derivatives Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

2 Competitive Analysis by Company
2.1 Global Phthalic Anhydride and Derivatives Players Revenue Ranking (2023)
2.2 Global Phthalic Anhydride and Derivatives Revenue by Company (2019-2024)
2.3 Global Phthalic Anhydride and Derivatives Players Sales Volume Ranking (2023)
2.4 Global Phthalic Anhydride and Derivatives Sales Volume by Company Players (2019-2024)
2.5 Global Phthalic Anhydride and Derivatives Average Price by Company (2019-2024)
2.6 Key Manufacturers Phthalic Anhydride and Derivatives Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Phthalic Anhydride and Derivatives Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Phthalic Anhydride and Derivatives
2.9 Phthalic Anhydride and Derivatives Market Competitive Analysis
2.9.1 Phthalic Anhydride and Derivatives Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Phthalic Anhydride and Derivatives Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Phthalic Anhydride and Derivatives as of 2023)
2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type
3.1 Introduction by Type
3.1.1 O-xylene Catalytic Oxidation
3.1.2 Naphthalene Catalytic Oxidation
3.2 Global Phthalic Anhydride and Derivatives Sales Value by Type
3.2.1 Global Phthalic Anhydride and Derivatives Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Phthalic Anhydride and Derivatives Sales Value, by Type (2019-2030)
3.2.3 Global Phthalic Anhydride and Derivatives Sales Value, by Type (%) (2019-2030)
3.3 Global Phthalic Anhydride and Derivatives Sales Volume by Type
3.3.1 Global Phthalic Anhydride and Derivatives Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Phthalic Anhydride and Derivatives Sales Volume, by Type (2019-2030)
3.3.3 Global Phthalic Anhydride and Derivatives Sales Volume, by Type (%) (2019-2030)
3.4 Global Phthalic Anhydride and Derivatives Average Price by Type (2019-2030)

4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Plasticizers
4.1.2 UPR
4.1.3 Alkyd Resins
4.1.4 Others
4.2 Global Phthalic Anhydride and Derivatives Sales Value by Application
4.2.1 Global Phthalic Anhydride and Derivatives Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Phthalic Anhydride and Derivatives Sales Value, by Application (2019-2030)
4.2.3 Global Phthalic Anhydride and Derivatives Sales Value, by Application (%) (2019-2030)
4.3 Global Phthalic Anhydride and Derivatives Sales Volume by Application
4.3.1 Global Phthalic Anhydride and Derivatives Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Phthalic Anhydride and Derivatives Sales Volume, by Application (2019-2030)
4.3.3 Global Phthalic Anhydride and Derivatives Sales Volume, by Application (%) (2019-2030)
4.4 Global Phthalic Anhydride and Derivatives Average Price by Application (2019-2030)

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