Industry Insights
The global Phthalic Anhydride and Derivatives market is expected to grow at an anticipated CAGR of 3.8% over the forecast period. Phthalic Anhydride is usually associated with irritating odor and is soluble in various substances such as alcohol as well as carbon disulphide. Among the important application of the product and its derivatives, plasticizers occupied a major share in 2018 and this trend is expected to continue over the near future.
The global Phthalic Anhydride and Derivatives market is segmented on the basis of Type and Application. The global Phthalic Anhydride and Derivatives market is segmented based on Type as O-xylene Catalytic Oxidation and Naphthalene Catalytic Oxidation. Based on Application the global Phthalic Anhydride and Derivatives market is segregated as Plasticizers, UPR, Alkyd Resins, and Others.
The regional outlook on the global Phthalic Anhydride and Derivatives market covers regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Phthalic Anhydride and Derivatives market for each region is further bifurcated for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
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Competitive Landscape
Companies are focusing on Asia Pacific countries rather than North American ones due to low demand in the latter. The primary reasons for the low demand in North America are rising environmental concerns and chemical replacements. This scenario has prompted many major players to setup base in Asia Pacific.
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The global Phthalic Anhydride and Derivatives market is highly competitive in nature with major players including BASF, ExxonMobil, Aekyung, Thirumalai, Stepan, Koppers, UPC Group, Polynt, Proviron, Lanxess, CEPSA, Uralkhimprom, IG Petrochemicals, Nan Ya Plastics, Deza, Perstorp, Shenghe, Bluesail, Henan Qing’an Chemical, HongXin Company, Anhui Tongling Chemical, New Solar, Jiangsu Sanmu Group, Mitsubishi Gas Chemical, and others. The report covers competitive analysis on the key market share holders. The companies are focused on several expansion and growth strategies to enhance their footprint in the Phthalic Anhydride and Derivatives market. Market players are also involved in value chain integration gain competitive advantage.
Report Scope:
The Phthalic Anhydride and Derivatives market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2017 to 2024.
The market segmentations include,
Phthalic Anhydride and Derivatives Market, By Type
• O-xylene Catalytic Oxidation
• Naphthalene Catalytic Oxidation
Phthalic Anhydride and Derivatives Market, By Application
• Plasticizers
• UPR
• Alkyd Resins
• Others
Phthalic Anhydride and Derivatives Market, By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
The report scope also includes competitive landscape covering the competitive analysis, strategy analysis and company profiles of the major market players. The companies profiled in the report include BASF, ExxonMobil, Aekyung, Thirumalai, Stepan, Koppers, UPC Group, Polynt, Proviron, Lanxess, CEPSA, Uralkhimprom, IG Petrochemicals, Nan Ya Plastics, Deza, Perstorp, Shenghe, Bluesail, Henan Qing’an Chemical, HongXin Company, Anhui Tongling Chemical, New Solar, Jiangsu Sanmu Group, Mitsubishi Gas Chemical, and others. Company profiles cover company overview, product landscape, financial overview, and strategy analysis.
Report Highlights
• Global Phthalic Anhydride and Derivatives market sizes from 2017 to 2024
• Market growth projections through 2024 and the resultant market forecast for 2024
• Impact of the market dynamics including market drivers, restraints and opportunities in the market size
• Key industry trends, product trends, and application trends
• Major driving/ leading segmentations, regions and countries in the global Phthalic Anhydride and Derivatives market
• Competitive analysis with comprehensive company profiles of the leading industry players
• In-depth analysis on growth and expansion strategies adopted by market players and their resulting effect on market growth and competition
Report Customizations
The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.
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