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  Market Overview The Phthalic Anhydride Market Size is expected to grow at a significant CAGR of 4.2% while reaching the value of USD 7,213.7 Million by the end of the forecast period. Increasing demand for phthalic anhydride products in various end-use sectors, including paints and coatings, medical devices, home appliances, and furniture, is expected to be a significant element in the industry’s growth over the evaluation period. In addition, the growing usage of phthalic anhydride in plastic manufacture could prove to be a significant participant in the market throughout the analysis period. Its outstanding qualities, including strength, dimensional stability, low cost, and non-flammability, can help it gain traction in a variety of growing end-use industries shortly. Polyester polyols are predicted to be in high demand in the manufacture of polyurethanes during the evaluation period due to increased demand for polyester polyols. The outbreak of  phthalic anhydride market  has caus

  Phthalic Anhydride Market Overview Phthalic anhydride, a commercial form of phthalic oil, is used in the manufacture of insecticides, plasticizers, dyes, and resins. Its application in alkyd resins, phthalate plasticizers, and unsaturated polyester resins can widen its scope. The global phthalic anhydride market report by Market Research Future (MRFR) contains a thorough analysis of the industry and estimates projections of revenue and volume for the period of 2019 to 2025 (forecast period). It also contains the impact of the COVID-19 pandemic during the forecast period. The global Phthalic Anhydride Market is projected to register a CAGR of 4.2% to reach a size of USD 7,213.7 million by 2025. It is primarily driven by the use of plasticizers to enhance the flexibility of polyvinyl chloride (PVC). The application of the chemical in electrical & electronics, building & construction, automotive, and other industries can drive the market demand over the forecast period. Charact