The Asia-Pacific Phthalic Anhydride Market is expected to reach $5,57 January 14, 2015 | Page 2
Browse through the market data tables, figures and detailed TOC on the
“Asia-Pacific Phthalic Anhydride Market”
http://www.micromarketmonitor.com/market/asia-pacific-phthalic-anhydride-2887780714.html
ndustrial growth in emerging regions is expected to create potential opportunities for the growth
and demand of these products in the near future. In addition, growth in the demand for and
applications of alkyd resins is also expected to influence the overall market in the years to come.
An increasing demand for polyester polyols is considered to be a vital factor that boosts business
opportunities for the established as well as potential players in the market. However, toxicity of
the phthalates and rebuilding consumer faith remain major challenges for key players in the
industry.
The report covers the Asia-Pacific phthalic anhydride market, which is segmented on the basis of
applications and ingredients. In this region, phthalic anhydride is applied in alkyd resin,
plasticizers, and unsaturated polymers.
This report also includes market shares and value chain analyses, along with market metrics such
as drivers and restraints. In addition, it presents a competitive landscape and company profiles of
the key players in this market.
Related Reports:
Related Reports :
North America Phthalic Anhydride Market
North America is a diversified market for chemicals due to presence of numerous giants in the
region. The North America Phthalic Anhydride market has undergone various recent expansions
to expand its export market and various chemical companies profited from the shale gas boom
with a decrease in the cost of raw materials and energy. The country is estimated to occupy
maximum share in phthalic anhydride demand for applications such as plasticizers, unsaturated
polyester resins and alkyd resins. However, the region is now focusing more on environment
friendly products such as phthalate free plasticizers and low phthalic anhydride containing 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. U.S. is the major consumer of Phthalic Anhydride in North
America, accounting for almost 82.2% of the total consumption. Subsequent to U.S. are Mexico
and Canada. The chemical industry in U.S contributes to 19.0% of the total chemical output
globally. The U.S. chemical industry experienced major growth after the shale gas boom and
picked up pace due to the av ailability of cheap raw material.
http://www.micromarketmonitor.com/market/north-america-phthalic-anhydride2036862092.html
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