The European Phthalic Anhydride Market is expected to reach $1,347.6 January 30, 2015 | Page 2

Phthalic anhydride (PA) is a derivative of phthalic acid, which is obtained from the oxidation of o-Xylene or naphthalene. A stringent supply of naphthalene has arisen due to the decreasing coke consumption (that resulted in low naphthalene and coal tar production). On the other hand, the increasing availability of o-Xylene from refineries has led to the switch to o-Xylene feed stock. PA is manufactured in two forms: flakes and in the molten state. PA finds its main application in the plasticization of poly vinyl chloride (PVC) due to its ability to provide flexibility and strength to the compound. In paints and coatings, alkyd resins produced from anhydrides, such as PA and polyols are used to fix the curing time of the coating applied. Speak to Analyst http://www.micromarketmonitor.com/contact/4390394438-speak_to_analyst.html The European region is the second-largest market in terms of consumption after Asia-Pacific. The region has potential for the product due to an increasing demand for its end-use products. However, with mounting focus on environmental as well occupational safety, the use of phthalic anhydride in its end-user applications is being restricted and even banned. In some cases, phthalic anhydride is also being replaced by suitable substitutes. Thus, the demand for anhydride is estimated to grow at a slower pace in the European and North American markets during the forecast period. Early buyers will receive 10% customization on this report. http://www.micromarketmonitor.com/contact/4390394438-request_for_customization.html This report covers the European 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: North America Phthalic Anhydride Market Phthalic Anhydride is w idely used as a chemical intermediate in the production of plasticizers for various commercial applications, most notably for the plastics industry. The North America Phthalic Anhydride Market has around 10.1% of market share value in 2013, and is projected to reach 12.0% by 2018, growing at a CAGR of 3.6%. North America Phthalic Anhydride market has grown considerably during the past few years and is expected to grow at a more rapid pace in the coming years, currently more than half of the total global consumed in manufacturing of phthalate plasticisers which can be further used in various applications. U.S. is the largest Email: [email protected] Tel: [phone]