Global Phthalic Anhydride and Derivatives Market Research Report 2023(Status and Outlook)

Global Phthalic Anhydride and Derivatives Market Research Report 2023(Status and Outlook)

Report Overview

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.

The Global Phthalic Anhydride and Derivatives Market Size was estimated at USD 7723.00 million in 2022 and is projected to reach USD 9306.34 million by 2029, exhibiting a CAGR of 2.70% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Phthalic Anhydride and Derivatives market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Phthalic Anhydride and Derivatives Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Phthalic Anhydride and Derivatives market in any manner.

Global Phthalic Anhydride and Derivatives Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

UPC Group

Bluesail

Exxonmobil

Henan Qing'an Chemical Hi-Tech

Nan Ya Plastics

Aekyung Petrochemical

Evonik

Hongxin Chemical

Perstorp

Sinopec Jinling

Market Segmentation (by Type)

O-xylene Catalytic Oxidation

Naphthalene Catalytic Oxidation

Market Segmentation (by Application)

Healthcare Food

Sports Nutrition

Beverage

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Phthalic Anhydride and Derivatives Market

Overview of the regional outlook of the Phthalic Anhydride and Derivatives Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors