DUBLIN, May 14, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/zkq36z/phthalic) has announced the addition of the "Phthalic Anhydride and Derivatives Market by Application & Geography - Trends & Forecast to 2018" report to their offering.
The global phthalic anhydride market is witnessing growth on account of increasing demand of plasticizers, reinforced laminates, paints & coatings, dyes & pigments, and others. On the basis of applications, the market of phthalic anhydride has been segmented as plasticizers, unsaturated polyester resins or UPR, alkyd resins, and others. Phthalate plasticizers are mainly used in molding the otherwise hard and brittle PVC into useful shapes.
UPR are used in the manufacturing of reinforced laminates. These can also be used in some specialized applications such as surface coatings. Alkyd resins are used in the formulation of solvent-borne coatings that are increasingly being replaced by water-borne and powder coatings in industrial and domestic applications. Other useful end-use applications of phthalic anhydride are flame retardants, chemical intermediates, and reinforced laminates in automotive, electrical, and marine applications.
Asia-Pacific region dominated the global market demand in 2012. It is projected to remain the largest market in the near future owing to the increasing demand from its key countries, namely, China and India. Europe and North America remained second and third largest markets for phthalic anhydride. Stringent environmental regulations in Europe and North America are making it difficult for manufacturers to adopt strategies to increase their business in these regions.
Key participants 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) Koppers Industries (U.S.), and others.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Phthalic Anhydride Market, By Derivatives
6 Phtalic Anhydride Derivatives Market
7 Phthalic Anhydride Market, By Geography
8 Competitive Landscape
9 Company Profiles
- 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.
- Polynt Spa
- Shandong Hongxin Chemicals Co. Ltd.
- Stepan Company
- Thirumalai Chemicals Ltd.
- UPC Technology Corp.
For more information visit http://www.researchandmarkets.com/research/zkq36z/phthalic
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SOURCE Research and Markets