Phthalic Anhydride Market Dynamics 2021-2031
Phthalic anhydride is also known as Isobenzofuran. The phthalic anhydride is the carbon molecule which is bonded with two acyl groups of phthalic acid. It is the unique form of phthalic which is used for commercial purpose and is a chemical mixture of isophthalic acid and terephthalic acid. It is mainly obtained from chemical reaction of naphthalene and vanadium pentoxide. It is used for various purposes like precursor to plasticizers, precursors to dyestuffs, coating for medicines, etc. Moreover, it is used by industries such as automotive, electrical & electronics, paints & coatings, plastics, etc.
MARKET DYNAMICS
The global phthalic anhydride market is growing at a significant pace owing to driving factors such as increasing demand from paints and coatings industry due to its high durability and resistance. Furthermore, Increasing manufacturing of polyvinyl chloride which uses phthalic anyhydride as plasticizers is likely to drive the demand for phthalic anhydride in the coming years. However, high capital cost and high level of technical competency affecting prices of products which is projected to hinder the growth of phthalic anhydride market. Likewise, increased investment on research and development for using phthalic anhydride in manufacturing glass fiber may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global phthalic anhydride Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the phthalic anhydride market with detailed market segmentation by material, type, end-user industry, and geography. The global phthalic anhydride market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading phthalic anhydride market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global phthalic anhydride market is segmented on the basis of material, type, and end-user industry. On the basis of material, the phthalic anhydride market is segmented into, polyester, ethylene vinyl acetate, polyolefin, polyamide, polycarbonate, fluoropolymers, and others. On the basis of type, the market is bifurcated into, barrier films, safety & security films, decorative films, microporous films, and others. Based on end-user industry, the global phthalic anhydride market is segmented into, packaging, automotive, electrical & electronics, aerospace, construction, and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global phthalic anhydride market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The phthalic anhydride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the phthalic anhydride market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the high performance film market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global phthalic anhydride market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The phthalic anhydride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the phthalic anhydride market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the high performance film market in these regions.
MARKET PLAYERS
The reports cover key developments in the high performance film market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from high performance film market are anticipated to lucrative growth opportunities in the future with the rising demand for high performance film in the global market. Below mentioned is the list of few companies engaged in the high performance film market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the high performance film market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aekyung Petrochemical Co. Ltd.
- Basf Corporation
- Exxon Mobil Corporation
- I G Petrochemicals Limited
- Koppers Inc.
- Lanxess Aktiengesellschaft
- Mitsubishi Gas Chemical Company Inc.
- Nippon Steel & Sumikin Chemical Co. Ltd.
- Polynt Spa.
- Stepan Company
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Phthalic Anhydride Market - By Application
1.3.2 Phthalic Anhydride Market - By End-User Industry
1.3.3 Phthalic Anhydride Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PHTHALIC ANHYDRIDE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. PHTHALIC ANHYDRIDE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. PHTHALIC ANHYDRIDE MARKET - GLOBAL MARKET ANALYSIS
6.1. PHTHALIC ANHYDRIDE - GLOBAL MARKET OVERVIEW
6.2. PHTHALIC ANHYDRIDE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PHTHALIC ANHYDRIDE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. PLASTICIZERS
7.3.1. Overview
7.3.2. Plasticizers Market Forecast and Analysis
7.4. ALKYD RESINS
7.4.1. Overview
7.4.2. Alkyd Resins Market Forecast and Analysis
7.5. UNSATURATED POLYESTER RESINS
7.5.1. Overview
7.5.2. Unsaturated Polyester Resins Market Forecast and Analysis
7.6. OTHER APPLICATIONS
7.6.1. Overview
7.6.2. Other Applications Market Forecast and Analysis
8. PHTHALIC ANHYDRIDE MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
8.1. OVERVIEW
8.2. END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. ELECTRICAL AND ELECTRONICS
8.4.1. Overview
8.4.2. Electrical and Electronics Market Forecast and Analysis
8.5. PAINTS AND COATINGS
8.5.1. Overview
8.5.2. Paints and Coatings Market Forecast and Analysis
8.6. PLASTICS
8.6.1. Overview
8.6.2. Plastics Market Forecast and Analysis
8.7. OTHER END-USER INDUSTRIES
8.7.1. Overview
8.7.2. Other End-user Industries Market Forecast and Analysis
9. PHTHALIC ANHYDRIDE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Phthalic Anhydride Market Overview
9.1.2 North America Phthalic Anhydride Market Forecasts and Analysis
9.1.3 North America Phthalic Anhydride Market Forecasts and Analysis - By Application
9.1.4 North America Phthalic Anhydride Market Forecasts and Analysis - By End-User Industry
9.1.5 North America Phthalic Anhydride Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Phthalic Anhydride Market
9.1.5.1.1 Canada Phthalic Anhydride Market by Application
9.1.5.1.2 Canada Phthalic Anhydride Market by End-User Industry
9.1.5.2 Mexico Phthalic Anhydride Market
9.1.5.2.1 Mexico Phthalic Anhydride Market by Application
9.1.5.2.2 Mexico Phthalic Anhydride Market by End-User Industry
9.1.5.3 US Phthalic Anhydride Market
9.1.5.3.1 US Phthalic Anhydride Market by Application
9.1.5.3.2 US Phthalic Anhydride Market by End-User Industry
9.2. EUROPE
9.2.1 Europe Phthalic Anhydride Market Overview
9.2.2 Europe Phthalic Anhydride Market Forecasts and Analysis
9.2.3 Europe Phthalic Anhydride Market Forecasts and Analysis - By Application
9.2.4 Europe Phthalic Anhydride Market Forecasts and Analysis - By End-User Industry
9.2.5 Europe Phthalic Anhydride Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Phthalic Anhydride Market
9.2.5.1.1 Germany Phthalic Anhydride Market by Application
9.2.5.1.2 Germany Phthalic Anhydride Market by End-User Industry
9.2.5.2 France Phthalic Anhydride Market
9.2.5.2.1 France Phthalic Anhydride Market by Application
9.2.5.2.2 France Phthalic Anhydride Market by End-User Industry
9.2.5.3 Italy Phthalic Anhydride Market
9.2.5.3.1 Italy Phthalic Anhydride Market by Application
9.2.5.3.2 Italy Phthalic Anhydride Market by End-User Industry
9.2.5.4 United Kingdom Phthalic Anhydride Market
9.2.5.4.1 United Kingdom Phthalic Anhydride Market by Application
9.2.5.4.2 United Kingdom Phthalic Anhydride Market by End-User Industry
9.2.5.5 Russia Phthalic Anhydride Market
9.2.5.5.1 Russia Phthalic Anhydride Market by Application
9.2.5.5.2 Russia Phthalic Anhydride Market by End-User Industry
9.2.5.6 Rest of Europe Phthalic Anhydride Market
9.2.5.6.1 Rest of Europe Phthalic Anhydride Market by Application
9.2.5.6.2 Rest of Europe Phthalic Anhydride Market by End-User Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Phthalic Anhydride Market Overview
9.3.2 Asia-Pacific Phthalic Anhydride Market Forecasts and Analysis
9.3.3 Asia-Pacific Phthalic Anhydride Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific Phthalic Anhydride Market Forecasts and Analysis - By End-User Industry
9.3.5 Asia-Pacific Phthalic Anhydride Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Phthalic Anhydride Market
9.3.5.1.1 Australia Phthalic Anhydride Market by Application
9.3.5.1.2 Australia Phthalic Anhydride Market by End-User Industry
9.3.5.2 China Phthalic Anhydride Market
9.3.5.2.1 China Phthalic Anhydride Market by Application
9.3.5.2.2 China Phthalic Anhydride Market by End-User Industry
9.3.5.3 India Phthalic Anhydride Market
9.3.5.3.1 India Phthalic Anhydride Market by Application
9.3.5.3.2 India Phthalic Anhydride Market by End-User Industry
9.3.5.4 Japan Phthalic Anhydride Market
9.3.5.4.1 Japan Phthalic Anhydride Market by Application
9.3.5.4.2 Japan Phthalic Anhydride Market by End-User Industry
9.3.5.5 South Korea Phthalic Anhydride Market
9.3.5.5.1 South Korea Phthalic Anhydride Market by Application
9.3.5.5.2 South Korea Phthalic Anhydride Market by End-User Industry
9.3.5.6 Rest of Asia-Pacific Phthalic Anhydride Market
9.3.5.6.1 Rest of Asia-Pacific Phthalic Anhydride Market by Application
9.3.5.6.2 Rest of Asia-Pacific Phthalic Anhydride Market by End-User Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Phthalic Anhydride Market Overview
9.4.2 Middle East and Africa Phthalic Anhydride Market Forecasts and Analysis
9.4.3 Middle East and Africa Phthalic Anhydride Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa Phthalic Anhydride Market Forecasts and Analysis - By End-User Industry
9.4.5 Middle East and Africa Phthalic Anhydride Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Phthalic Anhydride Market
9.4.5.1.1 South Africa Phthalic Anhydride Market by Application
9.4.5.1.2 South Africa Phthalic Anhydride Market by End-User Industry
9.4.5.2 Saudi Arabia Phthalic Anhydride Market
9.4.5.2.1 Saudi Arabia Phthalic Anhydride Market by Application
9.4.5.2.2 Saudi Arabia Phthalic Anhydride Market by End-User Industry
9.4.5.3 U.A.E Phthalic Anhydride Market
9.4.5.3.1 U.A.E Phthalic Anhydride Market by Application
9.4.5.3.2 U.A.E Phthalic Anhydride Market by End-User Industry
9.4.5.4 Rest of Middle East and Africa Phthalic Anhydride Market
9.4.5.4.1 Rest of Middle East and Africa Phthalic Anhydride Market by Application
9.4.5.4.2 Rest of Middle East and Africa Phthalic Anhydride Market by End-User Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Phthalic Anhydride Market Overview
9.5.2 South and Central America Phthalic Anhydride Market Forecasts and Analysis
9.5.3 South and Central America Phthalic Anhydride Market Forecasts and Analysis - By Application
9.5.4 South and Central America Phthalic Anhydride Market Forecasts and Analysis - By End-User Industry
9.5.5 South and Central America Phthalic Anhydride Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Phthalic Anhydride Market
9.5.5.1.1 Brazil Phthalic Anhydride Market by Application
9.5.5.1.2 Brazil Phthalic Anhydride Market by End-User Industry
9.5.5.2 Argentina Phthalic Anhydride Market
9.5.5.2.1 Argentina Phthalic Anhydride Market by Application
9.5.5.2.2 Argentina Phthalic Anhydride Market by End-User Industry
9.5.5.3 Rest of South and Central America Phthalic Anhydride Market
9.5.5.3.1 Rest of South and Central America Phthalic Anhydride Market by Application
9.5.5.3.2 Rest of South and Central America Phthalic Anhydride Market by End-User Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. PHTHALIC ANHYDRIDE MARKET, KEY COMPANY PROFILES
11.1. AEKYUNG PETROCHEMICAL CO. LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASF CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EXXON MOBIL CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. I G PETROCHEMICALS LIMITED
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KOPPERS INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LANXESS AKTIENGESELLSCHAFT
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MITSUBISHI GAS CHEMICAL COMPANY INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NIPPON STEEL AND SUMIKIN CHEMICAL CO. LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. POLYNT SPA.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. STEPAN COMPANY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Aekyung Petrochemical Co. Ltd.
2.Basf Corporation
3.Exxon Mobil Corporation
4.I G Petrochemicals Limited
5.Koppers Inc.
6.Lanxess Aktiengesellschaft
7.Mitsubishi Gas Chemical Company Inc.
8.Nippon Steel and Sumikin Chemical Co. Ltd.
9.Polynt Spa.
10.Stepan Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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