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Global Phthalic Anhydride Market 2017-2021

Global Phthalic Anhydride Market 2017-2021

About Phthalic Anhydride

PA is an organic compound with the formula C6H4(CO)2O. PA is a white, lustrous, needle-shaped solid that is slightly soluble in water and is produced by the oxidation of either orthoxylene (OX) or naphthalene. This anhydride of phthalic acid is important for industrial applications, especially for the large-scale production of plasticizers. PA is used for manufacturing alkyd resins for paints and varnishes, and unsaturated polyester resins (UPRs). PA finds applications as a dye intermediate, and in the production of pigments.

Technavio’s analysts forecast the global phthalic anhydride market to grow at a CAGR of 5.52% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global phthalic anhydride market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Phthalic Anhydride Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AEKYUNG PETROCHEMICAL
  • BASF
  • Exxon Mobil
  • I G Petrochemicals
  • MITSUBISHI GAS CHEMICAL
Other prominent vendors
  • C-Chem
  • Koppers
  • Polynt
  • Proviron
  • Stepan Company
  • Thirumalai Chemicals
  • UPC
Market driver
  • Growth of the construction industry
  • For a full, detailed list, view our report
Market challenge
  • Health hazards due to the exposure to PA
  • For a full, detailed list, view our report
Market trend
  • Surge in pricing margin
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Phthalic Anhydride Market 2017-2021

Technavio recognizes the following companies as the key players in the global phthalic anhydride market: AEKYUNG PETROCHEMICAL, BASF, Exxon Mobil, I G Petrochemicals, and MITSUBISHI GAS CHEMICAL.

Other Prominent Vendors in the market are: C-Chem, Koppers, Polynt, Proviron, Stepan Company, Thirumalai Chemicals, and UPC.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is surge in pricing margin. The price margin of PA surged to a five-year high in 2016, after a year-end increase in the demand for PA to produce DOP. The margin has been negative since 2012 and turned positive only last year. Market participants attributed to the flip from negative to strong demand for PA in late 2016 to make downstream DOP despite the price rise in DOP at the end of the year.”

According to the report, one driver in the market is growth of the construction industry. The demand for PA in most downstream markets is greatly influenced by the general economic conditions. Consequently, the demand principally follows the patterns of the leading economies of the world. The consumption of PA depends heavily on construction and remodeling activity of residential and non-residential areas. China, one of the major regional construction markets, is expected to witness a decline in housing. However, the transition toward a consumer and services-driven economy provides opportunities for growth in the construction industry with the demand for buildings catering to education, healthcare, and social infrastructure, along with retail and other consumer end-markets.

Further, the report states that one challenge in the market is health hazards due to the exposure to PA. There is no specific technique to determine the exposure to PA. However, PA, in the form of vapor, fume, or dust, is a primary irritant to the mucous membranes and upper respiratory tract. Workers exposed to combinations of phthalic acid and PA develop conjunctivitis, hoarseness, cough, bloody nasal discharge, atrophy of the nasal mucosa, occasional bloody sputum, bronchitis, and emphysema. Several cases of bronchial asthma have resulted in skin sensitization with occasional urticaria and eczematous response. Clinical sensitization of PA occurred in a worker who developed symptoms of rhinorrhea, lacrimation, and wheezing after chronic exposure to PA.

Companies Mentioned

AEKYUNG PETROCHEMICAL, BASF, Exxon Mobil, I G Petrochemicals, MITSUBISHI GAS CHEMICAL, C-Chem, Koppers, Polynt, Proviron, Stepan Company, Thirumalai Chemicals, and UPC.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table PA: Typical reactions, applications, and products
  • Market landscape
    • Market overview
      • Table Global PA market
    • Market size and forecast
      • Table Global PA market 2016 and 2021 ($ millions)
      • Table Market forecast: Global PA market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global PA market by application
      • Table Global PA market by application 2016 (% share of revenue)
      • Table Global PA market by application 2021 (% share of revenue)
      • Table Global PA market: Application-wise forecast (% share)
    • Global PA market for plasticizers
      • Table Global PA market for plasticizers 2016 and 2021 ($ millions)
      • Table Market forecast: Global PA market for plasticizers 2016-2021
    • Global PA market for UPR
      • Table Global PA market for UPR 2016 and 2021 ($ millions)
      • Table Market forecast: Global PA market for UPR 2016-2021
    • Global PA market for alkyd resins
      • Table Global PA market for alkyd resins 2016 and 2021 ($ millions)
      • Table Market forecast: Global PA market for alkyd resins 2016-2021
    • Global PA market for other applications
      • Table Global PA market for other applications 2016 and 2021 ($ millions)
      • Table Market forecast: Global PA market for other applications 2016-2021
  • Geographical segmentation
    • Global PA market by geography
      • Table Global PA market by geography 2016 (% share of revenue)
      • Table Global PA market by geography 2021 (% share of revenue)
      • Table Global PA market: Geography-wise forecast (% share)
    • PA market in APAC
      • Table PA market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: PA market in APAC 2016-2021
    • PA market in North America
      • Table PA market in North America 2016 and 2021 ($ millions)
      • Table Market forecast: PA market in North America 2016-2021
    • PA market in Europe
      • Table PA market in Europe 2016 and 2021 ($ millions)
      • Table Market forecast: PA market in Europe 2016-2021
    • PA market in ROW
      • Table PA market in ROW 2016 and 2021 ($ millions)
      • Table Market forecast: PA market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Major applications of PVC
    • Market challenges
  • Market trends
    • Surge in pricing margin
    • Strategic steps taken by market players
  • Vendor landscape
    • Competitive scenario
    • Major market vendors
      • Table Global PA market: Major vendors
    • Other prominent vendors
  • Key vendor analysis
    • AEKYUNG PETROCHEMICAL
      • Table AEKYUNG PETROCHEMICAL: Product-based segmentation
    • BASF
      • Table BASF: Business segmentation by revenue 2016 (% share)
      • Table BASF: Geographical segmentation by revenue 2016 (% share)
    • Exxon Mobil
      • Table Exxon Mobil: Business segmentation by revenue 2016 (% share)
      • Table Exxon Mobil: Geographical segmentation by revenue 2016 (% share)
    • I G Petrochemicals
      • Table I G Petrochemicals: Business segmentation by revenue 2016 (% share)
      • Table I G Petrochemicals: Geographical segmentation by revenue 2016 (% share)
    • MITSUBISHI GAS CHEMICAL
      • Table MITSUBISHI GAS CHEMICAL: Business segmentation by revenue 2016 (% share)
      • Table MITSUBISHI GAS CHEMICAL: Geographical segmentation by revenue 2016 (%share)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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