Phthalic Anhydride Market Size, Trends, Analysis, and Outlook By Application (Plasticizers, Alkyd Resins, Unsaturated Polyester Resins, Others), By End-User (Automotive, Electrical and Electronics, Paints and Coatings, Plastics, Others), by Country, Segme

Phthalic Anhydride Market Size, Trends, Analysis, and Outlook By Application (Plasticizers, Alkyd Resins, Unsaturated Polyester Resins, Others), By End-User (Automotive, Electrical and Electronics, Paints and Coatings, Plastics, Others), by Country, Segment, and Companies, 2024-2032


The Phthalic Anhydride Market is forecast to reach USD 6.5 Billion in 2032, registering a growth rate of 4.576% from current market size of USD 4.5 Billion in 2024. The Phthalic Anhydride market is growing rapidly due to the increasing demand for high-performance and versatile chemicals in plastics, resins, and coatings. Phthalic anhydride offers excellent properties such as chemical reactivity, stability, and versatility. Technological advancements in production processes and material formulations enhance product quality and environmental compliance. The trend towards advanced materials and high-performance chemicals supports market growth, aligning with regulatory requirements and industry needs. Innovations in phthalic anhydride technologies further drive demand across various sectors. The Phthalic Anhydride market is growing rapidly due to the increasing demand for high-performance and versatile chemicals in plastics, resins, and coatings. Phthalic anhydride offers excellent properties such as chemical reactivity, stability, and versatility. Technological advancements in production processes and material formulations enhance product quality and environmental compliance. The trend towards advanced materials and high-performance chemicals supports market growth, aligning with regulatory requirements and industry needs. Innovations in phthalic anhydride technologies further drive demand across various sectors.

Phthalic Anhydride Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study delves into the latest trends and pressing challenges for industry players and investors. The Phthalic Anhydride market research analyzes global market trends, key drivers, challenges, and opportunities. The "Future of Phthalic Anhydride" survey report provides a market size outlook across types, applications, and other segments worldwide and by region. It offers data-driven insights and actionable recommendations for companies in the Phthalic Anhydride industry.

Key market trends defining the global Phthalic Anhydride demand in 2024 and Beyond

The industry remains an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play major roles.

Phthalic Anhydride Market Segmentation- Industry Share, Market Size, and Outlook to 2032

The Phthalic Anhydride industry comprises a wide range of segments and sub-segments. Rising demand for these product types and applications supports increased investments in niche segments. Leading companies plan to generate a large share of their future revenue growth from expanding into these niche segments. The report presents a market size outlook across segments, supporting Phthalic Anhydride companies scaling up production in these sub-segments with a focus on emerging countries.

Key strategies adopted by companies within the Phthalic Anhydride industry

Leading Phthalic Anhydride companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Additionally, companies leverage advanced technologies to unlock opportunities and achieve operational excellence. The report details the key strategies adopted by the top 10 Phthalic Anhydride companies.

Phthalic Anhydride Market Study- Strategic Analysis Review

The Phthalic Anhydride market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions. This includes:
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Phthalic Anhydride Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Phthalic Anhydride industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Phthalic Anhydride Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Phthalic Anhydride Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Phthalic Anhydride market segments. Similarly, strong market demand encourages Canadian Phthalic Anhydride companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Phthalic Anhydride Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Phthalic Anhydride industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Phthalic Anhydride market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Phthalic Anhydride Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust consumption expenditure, and increasing investments in infrastructure drive the demand for Phthalic Anhydride in Asia Pacific. In particular, China, India, and South East Asian Phthalic Anhydride markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Phthalic Anhydride Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Phthalic Anhydride Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Phthalic Anhydride market potential. Fueled by increasing consumption expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Phthalic Anhydride.

Phthalic Anhydride Market Company Profiles

The global Phthalic Anhydride market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Aekyung Chemical Co. Ltd, BASF SE, EMCO Dyestuff, Exxon Mobil Corp, I G Petrochemicals Ltd, Koppers Inc, Lanxess AG, Merck KGaA, Mitsubishi Gas Chemical Company Inc, Nan Ya Plastics Corp, Perstorp, Polynt, Stepan Company, Thirumalai Chemicals Ltd

Recent Phthalic Anhydride Market Developments

The global Phthalic Anhydride market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Phthalic Anhydride Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Application

Plasticizers

Alkyd Resins

Unsaturated Polyester Resins

Others

By End-User

Automotive

Electrical and Electronics

Paints and Coatings

Plastics

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Aekyung Chemical Co. Ltd

BASF SE

EMCO Dyestuff

Exxon Mobil Corp

I G Petrochemicals Ltd

Koppers Inc

Lanxess AG

Merck KGaA

Mitsubishi Gas Chemical Company Inc

Nan Ya Plastics Corp

Perstorp

Polynt

Stepan Company

Thirumalai Chemicals Ltd

Formats Available: Excel, PDF, and PPT


Chapter 1: Executive Summary
1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
1.3.1 Country Coverage
1.3.2 Companies Profiled
1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
1.3.4 Units
1.4 Abbreviations
Chapter 2. Phthalic Anhydride Market Overview- H2 2024
2.1 An Introduction to the Global Phthalic Anhydride Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024
Chapter 3. Strategic Analysis Review
3.1 Phthalic Anhydride Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments
Chapter 4. Impact Analysis and Scenario Forecasts
4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Phthalic Anhydride Market Outlook to 2032
4.6 Reference Case Scenario: Global Phthalic Anhydride Market Outlook to 2032
4.7 High Growth Case Scenario: Global Phthalic Anhydride Market Outlook to 2032
Chapter 5: Phthalic Anhydride Market Dynamics
5.1 Key Phthalic Anhydride Market Trends
5.2 Potential Phthalic Anhydride Market Opportunities
5.3 Key Market Challenges
Chapter 6: Global Phthalic Anhydride Market Analysis and Outlook to 2032
6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 By Application
Plasticizers
Alkyd Resins
Unsaturated Polyester Resins
Others
By End-User
Automotive
Electrical and Electronics
Paints and Coatings
Plastics
Others
6.3 Global Market Outlook by Region, 2021 to 2032
Chapter 7: North America Phthalic Anhydride Market Analysis and Outlook to 2032
7.1 North America Market Outlook by Segments, 2021- 2032
7.2 By Application
Plasticizers
Alkyd Resins
Unsaturated Polyester Resins
Others
By End-User
Automotive
Electrical and Electronics
Paints and Coatings
Plastics
Others
7.3 North America Market Outlook by Country, 2021- 2032
7.3.1 United States Phthalic Anhydride Market Size Forecast, 2021- 2032
7.3.2 Canada Phthalic Anhydride Market Size Forecast, 2021- 2032
7.3.3 Mexico Phthalic Anhydride Market Size Forecast, 2021- 2032
Chapter 8: Europe Phthalic Anhydride Market Analysis and Outlook to 2032
8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 By Application
Plasticizers
Alkyd Resins
Unsaturated Polyester Resins
Others
By End-User
Automotive
Electrical and Electronics
Paints and Coatings
Plastics
Others
8.3 Europe Market Outlook by Country, 2021- 2032
8.3.1 Germany Phthalic Anhydride Market Size Forecast, 2021- 2032
8.3.2 France Phthalic Anhydride Market Size Forecast, 2021- 2032
8.3.3 United Kingdom Phthalic Anhydride Market Size Forecast, 2021- 2032
8.3.4 Spain Phthalic Anhydride Market Size Forecast, 2021- 2032
8.3.5 Italy Phthalic Anhydride Market Size Forecast, 2021- 2032
8.3.6 Russia Phthalic Anhydride Market Size Forecast, 2021- 2032
8.3.7 Rest of Europe Phthalic Anhydride Market Size Forecast, 2021- 2032
Chapter 9: Asia Pacific Phthalic Anhydride Market Analysis and Outlook to 2032
9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 By Application
Plasticizers
Alkyd Resins
Unsaturated Polyester Resins
Others
By End-User
Automotive
Electrical and Electronics
Paints and Coatings
Plastics
Others
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
9.3.1 China Phthalic Anhydride Market Size Forecast, 2021- 2032
9.3.2 India Phthalic Anhydride Market Size Forecast, 2021- 2032
9.3.3 Japan Phthalic Anhydride Market Size Forecast, 2021- 2032
9.3.4 South Korea Phthalic Anhydride Market Size Forecast, 2021- 2032
9.3.5 Australia Phthalic Anhydride Market Size Forecast, 2021- 2032
9.3.6 South East Asia Phthalic Anhydride Market Size Forecast, 2021- 2032
9.3.7 Rest of Asia Pacific Phthalic Anhydride Market Size Forecast, 2021- 2032
Chapter 10: South America Phthalic Anhydride Market Analysis and Outlook to 2032
10.1 South America Market Outlook by Segments, 2021- 2032
10.2 By Application
Plasticizers
Alkyd Resins
Unsaturated Polyester Resins
Others
By End-User
Automotive
Electrical and Electronics
Paints and Coatings
Plastics
Others
10.3 South America Market Outlook by Country, 2021- 2032
10.3.1 Brazil Phthalic Anhydride Market Size Forecast, 2021- 2032
10.3.2 Argentina Phthalic Anhydride Market Size Forecast, 2021- 2032
10.3.3 Rest of South America Phthalic Anhydride Market Size Forecast, 2021- 2032
Chapter 11: Middle East and Africa Phthalic Anhydride Market Analysis and Outlook to 2032
11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 By Application
Plasticizers
Alkyd Resins
Unsaturated Polyester Resins
Others
By End-User
Automotive
Electrical and Electronics
Paints and Coatings
Plastics
Others
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
11.3.1 Saudi Arabia Phthalic Anhydride Market Size Forecast, 2021- 2032
11.3.2 The UAE Phthalic Anhydride Market Size Forecast, 2021- 2032
11.3.3 Rest of Middle East Phthalic Anhydride Market Size Forecast, 2021- 2032
11.3.4 South Africa Phthalic Anhydride Market Size Forecast, 2021- 2032
11.3.4 Rest of Africa Phthalic Anhydride Market Size Forecast, 2021- 2032
Chapter 12: Competitive Landscape
12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 Aekyung Chemical Co. Ltd
BASF SE
EMCO Dyestuff
Exxon Mobil Corp
I G Petrochemicals Ltd
Koppers Inc
Lanxess AG
Merck KGaA
Mitsubishi Gas Chemical Company Inc
Nan Ya Plastics Corp
Perstorp
Polynt
Stepan Company
Thirumalai Chemicals Ltd
Chapter 13: Sources and Research Methodology
13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the H2-2024 Version (10th in the Series)
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information
List of Figures
Figure 1: Country Analysis: Largest Market Share (%)- 2023 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Phthalic Anhydride Market Outlook by Type, 2021- 2032
Figure 6: Global Phthalic Anhydride Market Outlook by Application, 2021- 2032
Figure 7: Global Phthalic Anhydride Market Outlook by Region, 2021- 2032
Figure 8: North America Phthalic Anhydride Market Snapshot, H2-2024
Figure 9: North America Phthalic Anhydride Market Size Forecast by Type, 2021- 2032
Figure 10: North America Phthalic Anhydride Market Size Forecast by Application, 2021- 2032
Figure 11: North America Phthalic Anhydride Market Share by Country, 2023
Figure 12: Europe Phthalic Anhydride Market Snapshot, H2-2024
Figure 13: Europe Phthalic Anhydride Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Phthalic Anhydride Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Phthalic Anhydride Market Share by Country, 2023
Figure 16: Asia Pacific Phthalic Anhydride Market Snapshot, H2-2024
Figure 17: Asia Pacific Phthalic Anhydride Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Phthalic Anhydride Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Phthalic Anhydride Market Share by Country, 2023
Figure 20: South America Phthalic Anhydride Market Snapshot, H2-2024
Figure 21: South America Phthalic Anhydride Market Size Forecast by Type, 2021- 2032
Figure 22: South America Phthalic Anhydride Market Size Forecast by Application, 2021- 2032
Figure 23: South America Phthalic Anhydride Market Share by Country, 2023
Figure 24: Middle East and Africa Phthalic Anhydride Market Snapshot, H2-2024
Figure 25: Middle East and Africa Phthalic Anhydride Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Phthalic Anhydride Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Phthalic Anhydride Market Share by Country, 2023
Figure 28: United States Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Phthalic Anhydride Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology
List of Tables
Table 1: Market Scope and Segmentation
Table 2: Global Phthalic Anhydride Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Phthalic Anhydride Market Size Outlook by Segments, 2021- 2032
Table 7: Global Phthalic Anhydride Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Phthalic Anhydride Market Outlook by Type, 2021- 2032
Table 10: North America- Phthalic Anhydride Market Outlook by Country, 2021- 2032
Table 11: Europe - Phthalic Anhydride Market Outlook by Type, 2021- 2032
Table 12: Europe - Phthalic Anhydride Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Phthalic Anhydride Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Phthalic Anhydride Market Outlook by Country, 2021- 2032
Table 15: South America- Phthalic Anhydride Market Outlook by Type, 2021- 2032
Table 16: South America- Phthalic Anhydride Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Phthalic Anhydride Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Phthalic Anhydride Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Phthalic Anhydride Companies
Table 20: Product Profiles of Leading Phthalic Anhydride Companies
Table 21: SWOT Profiles of Leading Phthalic Anhydride Companies

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