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Phthalic Anhydride Market Size As per Market Research Future (MRFR)’s analysis, the global phthalic anhydride market has been projected to exhibit moderate growth during the forecast period 2017 to 2023. It is extensively in demand for the production of polyvinyl chloride (PVC), which has its application across the automotive industry. This, in turn, is prognosticated to catapult the phthalic anhydride market on an upward trajectory. Phthalic anhydride has developed an application in the construction sector as it is used in the production of unsaturated polyester resins (UPR). The strong value maintained by the construction sector is likely to dictate the expansion of the phthalic anhydride market over the assessment period. The paints & coatings industry is witnessing a boom which is expected to reflect on the growth of the phthalic anhydride market . Alkyd resins, which uses phthalic anhydride in its production process, are used in the manufacturing of paints & coatings. It i...

Phthalic Anhydride Market Research Report 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 Anh...