Phthalic Anhydride and Derivatives Market

Phthalic anhydride is a toxic, white solid crystalline compound in various forms or a clear molten liquid, with an irritating odor. It is slightly soluble in hot water, hydrolysing to phthalic acid. PA is soluble in alcohol and carbon disulphide. It reacts with strong oxidants and responds violently when heated with copper oxide or sodium nitrite, to cause an explosion hazard.Plasticizers are the important application area for phthalic anhydride, followed by unsaturated polyester resins (UPR) and alkyd resins.Phthalates are derivatives of phthalic anhydride, they are a family of chemical compounds primarily used to make polyvinyl chloride (PVC) or vinyl flexible and pliant. Phthalates are the most commonly used plasticizers in the world and are categorized as high phthalates and low phthalates, depending on their molecular weight. Among the important plasticizers, DOP and DINP are more commonly used phthalate plasticizers.

Phthalic Anhydride and Derivatives Market contains market size and forecasts of Phthalic Anhydride and Derivatives in global, including the following market information:

Global Phthalic Anhydride and Derivatives Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Phthalic Anhydride and Derivatives Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Phthalic Anhydride and Derivatives companies in 2021 (%)

The global Phthalic Anhydride and Derivatives market was valued at 8158.5 million in 2021 and is projected to reach US$ 9753.6 million by 2028, at a CAGR of 2.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

O-xylene Catalytic Oxidation Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Phthalic Anhydride and Derivatives include UPC Group, Bluesail, Exxonmobil, Henan Qing'an Chemical Hi-Tech, Nan Ya Plastics, Aekyung Petrochemical, Evonik, Hongxin Chemical and Perstorp and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Phthalic Anhydride and Derivatives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Phthalic Anhydride and Derivatives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Phthalic Anhydride and Derivatives Market Segment Percentages, by Type, 2021 (%)

O-xylene Catalytic Oxidation

Naphthalene Catalytic Oxidation

Global Phthalic Anhydride and Derivatives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Phthalic Anhydride and Derivatives Market Segment Percentages, by Application, 2021 (%)

Plasticizers

UPR

Alkyd Resins

Others

Global Phthalic Anhydride and Derivatives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Phthalic Anhydride and Derivatives Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Phthalic Anhydride and Derivatives revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Phthalic Anhydride and Derivatives revenues share in global market, 2021 (%)

Key companies Phthalic Anhydride and Derivatives sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Phthalic Anhydride and Derivatives sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

UPC Group

Bluesail

Exxonmobil

Henan Qing'an Chemical Hi-Tech

Nan Ya Plastics

Aekyung Petrochemical

Evonik

Hongxin Chemical

Perstorp

Sinopec Jinling