Phthalic Anhydride Market is expected to grow at a CAGR of 5.2% during the next five years, according to a newly added report by Stratview Research. The increasing demand for glass fiber-reinforced plastics in various industries is expected to stimulate the global phthalic anhydride market during the forecast period.
The report offers detailed insights into relevant market segments, their growth rates, latest market trends, forecasts, and other important details. The market has been segmented in two ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period of 2020-2025.
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As per the report, among different derivative types, plasticizers are expected to remain the growth engine of the phthalic anhydride market during the forecast period.
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Asia-Pacific, South America, and the Middle East signify an increasing demand for PA, while in North America and Europe, the development for its demand is estimated to be relatively low.
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The report further mentions about the key manufacturing players Aekyung Petrochemical Co. Ltd., Asian Paints Ltd., BASF S.E., C-Chem Co. Ltd., Exxon Mobil Corporation, I.G. Petrochemicals Ltd., Koppers Inc., Mitsubishi Gas Chemicals Co. Ltd., Nan Ya Plastics Corp., and Polynt Spa who are emerging fast and their roles in the growing market. It also portraits the important mergers, acquisitions, and other current happenings in the phthalic anhydride market that can be helpful for interested clients in analyzing the market and making the right decisions accordingly.
Salient Features of the Report
The report on Phthalic Anhydride Market is a well-researched work after analyzing various data from different reliable sources. The report included some of the salient features such as:
- Market structure,
- Market environment analysis,
- Market trend and forecast analysis,
- Market segment trend and forecast,
- Competitive landscape and dynamics,
- Attractive market segments and associated growth opportunities,
- Emerging trends,
- Strategic growth opportunities for the existing and new players,
- Key success factors
About Stratview Research:
Stratview Research is a global research company offering custom research and market research reports for interested clients in different sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Healthcare & Life Sciences, and Oil & Gas. All the reports generated are based on proper data collected from reliable sources and are scrutinized carefully before releasing so that the interested clients and companies can make the most out of it.
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