Phthalic Anhydride Market and Derivatives (Plasticizers, Unsaturated Polyester Resins, and Alkyd Resins) by Application & Geography - Trends & Forecast to 2018
[178 Pages Report] This Phthalic Anhydride Market research report provides details about the trends and growth prospects for the global phthalic anhydride market, by the end of 2018. The anhydride of phthalic acid is obtained from the oxidation of o-Xylene or Naphthalene. The products derived from anhydride have high importance in industries such as plastics, automotive, paint & coatings, electrical & electronics, and others. The demand of phthalic anhydride depends on the demand of its downstream products. Since, these products directly interact with the customers; any change in the consumption pattern of these products gets reflected in the consumption of PA. The regions such as Asia-Pacific, South America, and Middle East represent growing demand for PA, while in North America and Europe the growth in its demand is expected to be relatively low. The main reason is the toxic profile of phthalic anhydride which may enter the environment by leaching or inhalation. Although, toxicity of phthalic anhydride is the main reason for restrictions on its use, it should be made clear that not all the phthalic anhydride-based products are harmful or toxic at normal level.
Plasticizers are the important application area for phthalic anhydride, followed by unsaturated polyester resins and alkyd resins. The increasing demand for molding of PVC articles is driving its demand particularly in the Asia-Pacific and ROW regions. The growing application of UPR in reinforced laminates and surface coatings is driving its demand and that for alkyd resins is particularly driven by growth in demand of solvent-borne coating. However, solvent-borne coatings are increasingly being replaced by water-borne and powder coatings in its area of application.
This study estimates the global phthalic anhydride market by the end of 2018. The Asia-Pacific region is the most dominant market owing to large and growing demand for plastics, paints & coatings, herbicides, insecticides, and other chemical intermediates.
This phthalic anhydride market research study provides detailed qualitative and quantitative analysis of the global market and its derivatives. The report provides a comprehensive review of the important drivers, restraints, opportunities, winning imperatives, and challenges in the market. The market is further segmented and forecasted for key geographic regions which are North America, Europe, Asia–Pacific, and Rest of the World. The market share of top players has been discussed for PA. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities.
We have used various secondary sources such as company’s annual reports, directories, and databases to identify and collect information useful for this extensive commercial study. The primary sources – experts from related industries - have been interviewed to obtain and verify critical information as well as to assess the future prospects of phthalic anhydride.
We have also profiled leading players of this industry with their recent developments and other strategic industry activities. The key companies in the global phthalic anhydride market include BASF (Germany), Shandong Hongxin (China), Nan-Ya Plastics (Taiwan), ExxonMobil Chemical (U.S.), Aekyung Petrochemical (Japan), IG Petrochemicals (India), Polynt SPA (Italy), and Koppers Industries (U.S.).
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This Phthalic Anhydride Market research report categorizes the global market (for both phthalic anhydride and its derivatives) on the basis of derivatives and geography; forecasting volume and value; and analyzing trends in each of the submarkets:
On the basis of derivatives:
- Plasticizers
- Unsaturated Polyester Resins
- Alkyd Resins
On the basis of geography:
- North America
- Europe
- Asia-Pacific
- ROW
Phthalic anhydride is a precursor for various industrial products such as plasticizers, alkyd resins & coatings, polyester resins, polyester polyols, and others. Derivatives of phthalic anhydride are used in a broad spectrum of industries such as paints & coatings, automotive, electronics, electrical, building & construction, and other.
Germany is estimated to have the largest share of the region’s demand for phthalic anhydride. The country is estimated to occupy the maximum share with regards to the demand for phthalic anhydride in applications such as plasticizers, unsaturated polyester resins, and alkyd resins. However, the region now focuses on sustainable products such as phthalate free plasticizers and low phthalic anhydride that contains UPRs; it will continue to affect the demand of the product in the country. This trend may have created a room for its substitutes, but it will still take more time to replace phthalic anhydride completely from its existing applications.
The European phthalic anhydride market, in terms of value, is projected to reach $1,324.6 million by 2019 from $1,141 million in 2014, at a CAGR of 3% from 2014 to 2019. The rising demand for plasticizers and increasing initiatives of the companies to develop low phthalate-based plasticizers contributes to the growth of phthalic anhydride in Europe.
Based on applications, the phthalic anhydride market is segmented into plasticizers, unsaturated polyester resins, alkyd resins, and others. The plasticizers segment accounted for a share of 45.1% of the total Europe phthalic anhydride market in 2014. Extensive use of phthalic-based plasticizers in Europe and government regulations that support phthalic based plasticizers contributes to the growth of phthalic anhydride in Europe. Thus, it is estimated that the plasticizers segment would continue to lead the European phthalic anhydride market in the coming years.
The key players of the European phthalic anhydride market include BASF SE (Germany), Exxon Mobil Corporation (U.S.), Lanxess (Germany), Polynt SpA (Italy), Proviron Basic Chemicals (Belgium), Slovnaft (Slovakia), and among others.
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Table Of Contents
1 introduction (Page No. - 15)
1.1 Key Deliverables
1.2 Report Description
1.3 Stakeholders
1.4 Research Methodology
1.4.1 Market Size
1.4.2 Important Secondary Sources Used
1.4.3 Key Data Points Taken From Secondary Sources
1.4.4 Key Data Points Taken From Primary Sources
1.4.5 Assumptions
2 Executive Summary (Page No. - 20)
3 Premium insights (Page No. - 22)
3.1 Phthalic Anhydride Market Segmentation
3.2 Market Dynamics
3.3 Market Outlook
3.4 Market Trend
4 Market Overview (Page No. - 29)
4.1 introduction
4.2 Value Chain Analysis
4.2.1 Raw Material Suppliers
4.2.2 Manufacturers
4.2.3 Derivatives Manufacturers
4.2.4 Distributors
4.2.5 End Use
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 Increasing Demand in The Asia-Pacific Region
4.3.1.2 Growth in Alkyd Resins
4.3.2 Restraint
4.3.2.1 Toxicity of Phthalates
4.3.3 Opportunity
4.3.3.1 Increasing Demand For Polyester Polyols
4.3.4 Burning Issue
4.3.4.1 Rebuilding The Faith in PA
4.3.5 Winning Imperatives
4.3.5.1 Product Innovation
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Threat of Substitutes
4.4.3 Threat of New Entrants
4.4.4 Bargaining Power of Buyers
4.4.5 Degree of Competition
4.5 Market Share Analysis
5 Phthalic Anhydride Market, By Derivatives (Page No. - 44)
5.1 Introduction
5.2 Plasticizers
5.3 Unsaturated Polyester Resins
5.4 Alkyd Resins
6 Phthalic Anhydride Derivatives Market (Page No. - 56)
6.1 Introduction
6.2 Plasticizers
6.2.1 Overview
6.2.2 Plasticizers Regional Analysis
6.2.2.1 North America
6.2.2.2 Europe
6.2.2.3 Asia-Pacific
6.2.2.4 ROW
6.3 Unsaturated Polyester Resin (UPR)
6.3.1 Overview
6.3.2 Unsaturated Polyester Resins, Regional Analysis
6.3.2.1 North America
6.3.2.2 Europe
6.3.2.3 Asia-Pacific
6.3.2.4 ROW
6.4 Alkyd Resins
6.4.1 Alkyd Resins, Regional Analysis
6.4.1.1 North America
6.4.1.2 Europe
6.4.1.3 Asia-Pacific
6.4.1.4 ROW
7 Phthalic Anhydride Market, By Geography (Page No. - 91)
7.1 Introduction
7.2 North America
7.2.1 U.S.
7.2.2 Mexico
7.2.3 Canada
7.3 Europe
7.3.1 Germany
7.3.2 The Netherlands
7.3.3 Italy
7.3.4 France
7.3.5 Turkey
7.3.6 Poland
7.3.7 U.K.
7.4 Asia-Pacific
7.4.1 China
7.4.2 India
7.4.3 South Korea
7.4.4 Taiwan
7.4.5 Japan
7.4.6 Thailand
7.5 ROW
7.5.1 Russia
7.5.2 Brazil
7.5.3 Argentina
8 Competitive Landscape (Page No. - 145)
8.1 Introduction
8.2 Capacity Expansion
8.3 Maintenance & Production Resumption
9 Company Profiles (Overview, Financial*, Products & Services, Strategy, and Developments) (Page No. - 148)
9.1 BASF S.E.
9.2 Shandong Hongxin Chemicals Co. Ltd.
9.3 Nan Ya Plastics Corp.
9.4 Exxon Mobil Corporation
9.5 Aekyung Petrochemical Co. Ltd.
9.6 Asian Paints Ltd.
9.7 C-Chem Co. Ltd.
9.8 I.G. Petrochemicals Ltd.
9.9 Koppers Inc.
9.10 Mitsubishi Gas Chemicals Co. Ltd.
9.11 Polynt Spa
9.12 Stepan Company
9.13 Thirumalai Chemicals Ltd.
9.14 UPC Technology Corp.
*Details Might Not Be Captured in Case of Unlisted Companies.
List of Tables (86 Tables)
Table 1 Phthalic Anhydride Market Size, By Derivative, 2011-2018 (KT)
Table 2 Phthalic Anhydride Market Market Size, By Derivative, 2011-2018 ($Million)
Table 3 Plasticizers Market Size, By Geography, 2011-2018 (KT)
Table 4 Plasticizers Market Size, By Geography, 2011-2018 ($Million)
Table 5 UPR Market Size, By Geography, 2011-2018 (KT)
Table 6 UPR Market Size, By Geography, 2011-2018 ($Million)
Table 7 Alkyd Resins Market Size, By Geography, 2011-2018 (KT)
Table 8 Alkyd Resins Market Size, By Geography, 2011-2018 ($Million)
Table 9 Plasticizers Market Size, By Geography, 2011-2018 (KT)
Table 10 Plasticizers Market Size, By Geography, 2011-2018 ($Million)
Table 11 North America: Plasticizers Market Size, By Country, 2011-2018 (KT)
Table 12 North America: Plasticizers Market Size, By Country, 2011-2018 ($Million)
Table 13 Europe: Plasticizers Market Size, By Country, 2011-2018 (KT)
Table 14 Europe: Plasticizers Market Size, By Country, 2011-2018 ($Million)
Table 15 Asia-Pacific: Plasticizers Market Size, By Country, 2011-2018 (KT)
Table 16 Asia-Pacific: Plasticizers Market Size, By Country, 2011-2018 ($Million)
Table 17 ROW: Plasticizers Market Size, By Country, 2011-2018 (KT)
Table 18 ROW: Plasticizers Market Size, By Country, 2011-2018 ($Million)
Table 19 UPR Market Size, By Geography, 2011-2018 (KT)
Table 20 UPR Market Size, By Geography, 2011-2018 ($Million)
Table 21 North America: UPR Market Size, By Country, 2011-2018 (KT)
Table 22 North America: UPR Market Size, By Country, 2011-2018 ($Million)
Table 23 Europe: UPR Market Size, By Country, 2011-2018 (KT)
Table 24 Europe: UPR Market Size, By Country, 2011-2018 ($Million)
Table 25 Asia-Pacific: UPR Market Size, By Country, 2011-2018 (KT)
Table 26 Asia-Pacific: UPR Market Size, By Country, 2011-2018 ($Million)
Table 27 ROW: UPR Market Size, By Country, 2011-2018 (KT)
Table 28 ROW: UPR Market Size, By Country, 2011-2018 ($Million)
Table 29 Alkyd Resins Market Size, By Geography, 2011-2018 (KT)
Table 30 Alkyd Resins Market Size, By Geography, 2011-2018 ($Million)
Table 31 North America: Alkyd Resins Market Size, By Country, 2011-2018 (KT)
Table 32 North America: Alkyd Resins Market Size, By Country, 2011-2018 ($Million)
Table 33 Europe: Alkyd Resins Market Size, By Country, 2011-2018 (KT)
Table 34 Europe: Alkyd Resins Market Size, By Country, 2011-2018 ($Million)
Table 35 Asia-Pacific: Alkyd Resins Market Size, By Country, 2011-2018 (KT)
Table 36 Asia-Pacific: Alkyd Resins Market Size, By Country, 2011-2018 ($Million)
Table 37 ROW: Alkyd Resins Market Size, By Country, 2011-2018 (KT)
Table 38 ROW: Alkyd Resins Market Size, By Country, 2011-2018 ($Million)
Table 39 Phthalic Anhydride Market Size, By Geography, 2011-2018 (KT)
Table 40 Phthalic Anhydride: Market Size, By Geography, 2011-2018 ($Million)
Table 41 North America: Market Size, By Country, 2011-2018 (KT)
Table 42 North America: Phthalic Anhydride: Market Size, By Country, 2011-2018 ($Million)
Table 43 U.S.: Market Size, By Application, 2011-2018 (KT)
Table 44 U.S.: Market Size, By Application, 2011-2018 ($Million)
Table 45 Mexico: Market Size, By Application, 2011-2018 (KT)
Table 46 Mexico: Phthalic Anhydride: Market Size, By Application, 2011-2018 ($Million)
Table 47 Canada: Phthalic Anhydride: Market Size, By Application, 2011-2018 (KT)
Table 48 Canada: Market Size, By Applications, 2011-2018 ($Million)
Table 49 Europe: Market Size, By Country, 2011-2018 (KT)
Table 50 Europe: Market Size, By Country, 2011-2018 ($Million)
Table 51 Germany: Market Size, By Application, 2011-2018 (KT)
Table 52 Germany: Market Size, By Application, 2011-2018 ($Million)
Table 53 The Netherlands: Market Size, By Application, 2011-2018 (KT)
Table 54 The Netherlands: Phthalic Anhydride: Market Size, By Application, 2011-2018 ($Million)
Table 55 Italy: Phthalic Anhydride: Market Size, By Application, 2011-2018 (KT)
Table 56 Italy: Market Size, By Application, 2011-2018 ($Million)
Table 57 France: Market Size, By Application, 2011-2018 (KT)
Table 58 France: Market Size, By Application, 2011-2018 ($Million)
Table 59 Turkey: Phthalic Anhydride: Market Size, By Application, 2011-2018 (KT)
Table 60 Turkey: Market Size, By Application, 2011-2018 ($Million)
Table 61 Poland: Market Size, By Application, 2011-2018 (KT)
Table 62 Poland: Market Size, By Application, 2011-2018 ($Million)
Table 63 U.K.: Market Size, By Application, 2011-2018 (KT)
Table 64 U.K.: Phthalic Anhydride: Market Size, By Application, 2011-2018 ($Million)
Table 65 Asia-Pacific: Phthalic Anhydride: Market Size, By Country, 2011-2018 (KT)
Table 66 Asia-Pacific: Market Size, By Country, 2011-2018 ($Million)
Table 67 China: Market Size, By Application, 2011-2018 (KT)
Table 68 China: Market Size, By Application, 2011-2018 ($Million)
Table 69 India: Market Size, By Application, 2011-2018 (KT)
Table 70 India: Market Size, By Application, 2011-2018 ($Million)
Table 71 South Korea: Market Size, By Application, 2011-2018 (KT)
Table 72 South Korea: Market Size, By Application, 2011-2018 ($Million)
Table 73 Taiwan: Phthalic Anhydride: Market Size, By Application, 2011-2018 (KT)
Table 74 Taiwan: Market Size, By Application, 2011-2018 ($Million)
Table 75 Japan: Market Size, By Application, 2011-2018 (KT)
Table 76 Japan: Phthalic Anhydride: Market Size, By Application, 2011-2018 ($Million)
Table 77 Thailand: Market Size, By Application, 2011-2018 (KT)
Table 78 Thailand: Market Size, By Application, 2011-2018 ($Million)
Table 79 ROW: Market Size, By Country, 2011-2018 (KT)
Table 80 ROW: Phthalic Anhydride: Market Size, By Country, 2011-2018 ($Million)
Table 81 Russia: Phthalic Anhydride Market Size, By Application, 2011-2018 (KT)
Table 82 Russia: Market Size, By Application, 2011-2018 ($Million)
Table 83 Brazil: Market Size, By Application, 2011-2018 (KT)
Table 84 Brazil: Market Size, By Application, 2011-2018 ($Million)
Table 85 Argentina: Market Size, By Application, 2011-2018 (KT)
Table 86 Argentina: Market Size, By Application, 2011-2018 ($Million)
List of Figures (23 Figures)
Figure 1 Phthalic Anhydride Market Share Analysis (Volume), 2012
Figure 2 Phthalic Anhydride: Market Segmentation
Figure 3 Phthalic Anhydride: Market Dynamics
Figure 4 Porter’s Five Forces Analysis
Figure 5 Phthalic Anhydride Market Size, By Geography, 2011-2018 ($Million)
Figure 6 Phthalic Anhydride: Market Share (Volume), By Geography, 2012
Figure 7 Phthalic Anhydride: Market Size (Value), By Derivative
Figure 8 Market Trend, By Geography, 2013-2018
Figure 9 Value Chain Analysis
Figure 10 Impact of Key Drivers on Phthalic Anhydride: Market, 2013-2018
Figure 11 Impact of Key Restraint on Market, 2013-2018
Figure 12 Impact of Key Opportunity on Market, 2013-2018
Figure 13 Porter’s Five Forces Analysis
Figure 14 Phthalic Anhydride Market Share, By Key Manufacturers, 2013
Figure 15 North America: Phthalic Anhydride Market Share (Volume), By Country, 2012
Figure 16 Europe: Market Share (Volume), By Country, 2012
Figure 17 Asia-Pacific: Market Share (Volume), By Country, 2012
Figure 18 ROW: Phthalic Anhydride Market Share (Volume), By Country, 2012
Figure 19 BASF: SWOT Analysis
Figure 20 Shandong: SWOT Analysis
Figure 21 NYPC: SWOT Analysis
Figure 22 Exxon Mobil: SWOT Analysis
Figure 23 Aekyung: SWOT Analysis
Growth opportunities and latent adjacency in Phthalic Anhydride Market