Phthalic Anhydride Market Analysis : Trends, Drivers, Challenges and Opportunities (2023-2031)
Phthalic Anhydride Market Analysis 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 Analysis . 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 dimensio