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Phthalic Anhydride Market The phthalic anhydride market has experienced significant growth in recent years due to its widespread applications in various industries. Phthalic anhydride is a white crystalline compound used primarily in the production of phthalate plasticizers, which are widely used in the manufacturing of flexible PVC products. The market for phthalic anhydride is influenced by factors such as the growth of the construction industry, increasing demand for PVC products, and expanding applications in the automotive sector. One of the key drivers for the phthalic anhydride market is the construction industry. Phthalic anhydride is a vital component in the production of phthalate plasticizers, which are extensively used in the construction sector for manufacturing PVC pipes, cables, flooring, and other construction materials. The growth in infrastructure development, urbanization, and construction activities worldwide has boosted the demand for phthalic anhydride. Competiti...

 The  phthalic anhydride market  has experienced significant growth in recent years due to its widespread applications in various industries. Phthalic anhydride is a white crystalline compound used primarily in the production of phthalate plasticizers, which are widely used in the manufacturing of flexible PVC products. The market for phthalic anhydride is influenced by factors such as the growth of the construction industry, increasing demand for PVC products, and expanding applications in the automotive sector. One of the key drivers for the phthalic anhydride market is the construction industry. Phthalic anhydride is a vital component in the production of phthalate plasticizers, which are extensively used in the construction sector for manufacturing PVC pipes, cables, flooring, and other construction materials. The growth in infrastructure development, urbanization, and construction activities worldwide has boosted the demand for phthalic anhydride. Competitive Landsca...

  The   phthalic anhydride market   has experienced significant growth in recent years due to its widespread applications in various industries. Phthalic anhydride is a white crystalline compound used primarily in the production of phthalate plasticizers, which are widely used in the manufacturing of flexible PVC products. The market for phthalic anhydride is influenced by factors such as the growth of the construction industry, increasing demand for PVC products, and expanding applications in the automotive sector. One of the key drivers for the phthalic anhydride market is the construction industry. Phthalic anhydride is a vital component in the production of phthalate plasticizers, which are extensively used in the construction sector for manufacturing PVC pipes, cables, flooring, and other construction materials. The growth in infrastructure development, urbanization, and construction activities worldwide has boosted the demand for phthalic anhydride. The increasing d...

 The phthalic anhydride market has experienced significant growth in recent years due to its widespread applications in various industries. Phthalic anhydride is a white crystalline compound used primarily in the production of phthalate plasticizers, which are widely used in the manufacturing of flexible PVC products. The market for phthalic anhydride is influenced by factors such as the growth of the construction industry, increasing demand for PVC products, and expanding applications in the automotive sector. One of the key drivers for the phthalic anhydride market is the construction industry. Phthalic anhydride is a vital component in the production of phthalate plasticizers, which are extensively used in the construction sector for manufacturing PVC pipes, cables, flooring, and other construction materials. The growth in infrastructure development, urbanization, and construction activities worldwide has boosted the demand for phthalic anhydride. The increasing demand for PVC ...

According to Market Research Future (MRFR), the market of Phthalic Anhydride Market is projected to expand at a CAGR of 4.63% while acquiring a value of USD 7.9 Billion by 2030. Numerous end-use sectors were briefly shut down to stop the virus’s coverage, which impacted the Phthalic Anhydride Market . The increasing need for goods that comprise phthalic anhydride in multiple end-use industries, such as medical devices, paint coatings, home appliances, and furniture, is an important factor in developing the global market in the forecast period. Additionally, the increasing usage of phthalic anhydride in the plastic industry is anticipated to be another significant reason to direct the exchange in the future. Furthermore, the expanding demand for non-phthalates in PVC compound production is projected to delay the phthalic anhydride market development in the coming period. Market Growth Outlook: The APAC region is projected to experience healthy development throughout the evaluation peri...

  Phthalic Anhydride Market According to Market Research Future (MRFR), the market of Phthalic Anhydride Market is projected to expand at a CAGR of 4.63% while acquiring a value of USD 7.9 Billion by 2030. Competitive Outlook Mitsubishi Gas Chemical Company, Inc., NAN YA PLASTICS CORPORATION, SHANDONG HONGXIN CHEMICAL CO. LTD, Koppers Inc., AEKYUNG PETROCHEMICAL Co., Ltd, Exxon Mobil Corporation, IG Petrochemicals Ltd, Thirumalai Chemicals Ltd, C-Chem Co. Ltd, and BASF SE are key players of the global phthalic anhydride market . Market Scope 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 chemical in electrical & electronics, building & construction, automotive, and other industries can drive the market demand over the forecast period. Characteristics of dimensional stability...

  Market Highlights Global Phthalic Anhydride Market  is Projected to Be Valued at  USD 7,213.7 Million By 2025  Registering a  CAGR of 4.2%  during the Forecast Period. The major driver for the growth of the global phthalic anhydride market is its extensive use as a plasticizer in PVC production. It is widely used in major end-use industries as it enhances PVC flexibility. Polyurethanes exhibit properties such as strength, moisture & abrasion resistance, non-flammability, dimensional stability, and low cost. Segment Analysis The Global Phthalic Anhydride Market has been segmented on the basis of Derivative, Application, End-Use Industry, and Region. Based on Derivative,  phthalic anhydride  is segmented into phthalate esters, phthalimide, phthalein, phenolphthalein, and others. The phthalate esters segment is projected to exhibit a CAGR of 4.4% during the review period. This is attributed to their use as additives in plastics to increase...

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  h...

Phthalic Anhydride Market 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 2020 to 2027 (forecast period). It also contains the impact of the COVID-19 pandemic during the forecast period. Market Scope The 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. Characterist...