Global Phthalic Anhydride and Derivatives Market Growth 2025-2031

Global Phthalic Anhydride and Derivatives Market Growth 2025-2031

The global Phthalic Anhydride and Derivatives market size is predicted to grow from US$ 8178 million in 2025 to US$ 9652 million in 2031; it is expected to grow at a CAGR of 2.8% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “Phthalic Anhydride and Derivatives Industry Forecast” looks at past sales and reviews total world Phthalic Anhydride and Derivatives sales in 2024, providing a comprehensive analysis by region and market sector of projected Phthalic Anhydride and Derivatives sales for 2025 through 2031. With Phthalic Anhydride and Derivatives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phthalic Anhydride and Derivatives industry.

This Insight Report provides a comprehensive analysis of the global Phthalic Anhydride and Derivatives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Phthalic Anhydride and Derivatives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Phthalic Anhydride and Derivatives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phthalic Anhydride and Derivatives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Phthalic Anhydride and Derivatives.

This report presents a comprehensive overview, market shares, and growth opportunities of Phthalic Anhydride and Derivatives market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
O-xylene Catalytic Oxidation
Naphthalene Catalytic Oxidation

Segmentation by Application:
Plasticizers
UPR
Alkyd Resins
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
UPC Group
Bluesail
Exxonmobil
Henan Qing'an Chemical Hi-Tech
Nan Ya Plastics
Aekyung Petrochemical
Evonik
Hongxin Chemical
Perstorp
Sinopec Jinling

Key Questions Addressed in this Report

What is the 10-year outlook for the global Phthalic Anhydride and Derivatives market?

What factors are driving Phthalic Anhydride and Derivatives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Phthalic Anhydride and Derivatives market opportunities vary by end market size?

How does Phthalic Anhydride and Derivatives break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.