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Demand Of Plasticizers Yield Phthalic Anhydride Market Growth [2019-2025]

 

Phthalic Anhydride Market report outlook:  

Phthalic Anhydride is 18 generations old product obtained by oxidizing the two sources; o-Xylenes and Naphthalene, followed by a series of condenser switching. Phthalic Acid is also be used to make Phthalic Anhydride by many manufacturers.

 

In the production of polyester resins and alkyd resins, the main element used is the Phthalic Anhydride. Plasticizers, insect repellents, paints and laminations make use of Phthalic Anhydride as the main ingredient.

 

The scope of OG Analysis report is to present Phthalic Anhydride market based on segmentation by plasticizers, unsaturated polyester resins, alkyd resins, flame retardant, dyes & pigments applications,  by automotive, electrical and electronics, construction end-use industries and region wise.

 

  • North America

  • Europe

  • Asia-Pacific

  • South and Central America

  • ROW

 

Phthalic Anhydride market size, price & production: 

The Qualitative and Quantitative Paints and Coatings Market value is estimated to report a year-on-year increase of 4.65% during 2019 over 2018. The demand for increased production of Phthalic Anhydride is mainly contributed by developing countries as a result of population thickening.

 

Phthalic Anhydride market analysis & demand:

Phthalic Anhydride market is substantially growing owing to its numerous and adaptable applications globally. The most common Plasticizers used is Phthalic Anhydride, Plasticizers are used to increase the flexibility and elasticity of a material and is used to manufacture PVC, Films and Cables.

 

Regions like Europe and Germany is expected to capture the market growth for their extensive use of Phthalic Anhydride in various applications for automotive and electronic industries. Request Sample

 

Key players:

  • BASF SE (Germany)

  • Exxon Mobil Corporation (U.S.)

  • Lanxess (Germany)

  • Polynt SpA (Italy)

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