Welcome!

News Feed Item

Concise Analysis of the International Phthalic Anhydride Market - Forecast to 2019


DUBLIN, Feb. 26 2014 /PRNewswire/ --

Research and Markets

(

http://www.researchandmarkets.com/research/f2rlzd/phthalic

) has announced the addition of the

"Concise Analysis of the International Phthalic Anhydride Market - Forecast to 2019"

report to their offering.



(Logo:http://photos.prnewswire.com/prnh/20130307/600769)

Phthalic anhydride (PA) is a chemical intermediate and is mainly used as a catalyst in the manufacturing of plasticizers. It is an organic compound produced by the oxidation of orthoxylene or naphthalene. Key application of phthalic anhydride includes production of phthalate plasticizers for making polyvinyl chloride (PVC), which is further used on a large scale in construction and automobile industry. The other significant applications of phthalic anhydride include unsaturated polyester resins (UPR), alkyd resins, pigments and dyes among others.



The revenue generated by the global PA market was USD 6,465.1 million in 2012 which is expected to grow to USD 9,589.8 million by 2019, growing at a CAGR of 5.8% from 2013 to 2019. Phthalate plasticizers are the largest application segment for the PA market followed by unsaturated polyester resins and alkyd resins. The other growing applications of PA include dyes and pigments, herbicides and insecticides, detergents, saccharin, fire retardants and polyester resin cross-linking agents.



Automobiles, construction, land and marine transportation are the major end users of PA. Automobile and construction dominated the global PA consumption and the positive growth in this industry across the globe is driving the PA market. The rise in the consumption of polyvinyl chloride in the automobile and construction industry is driving the demand for phthalate plasticizers which is propelling the growth in PA market. However, alkyd resin market is the most attractive application in the PA market owing to strong growth prospects.



The demand for phthalic anhydride has been driven by strong global demand for phthalate plasticizers. The phthalate plasticizers market dominated the demand for PA and accounted for 56.5% of the global volume consumed in 2012. Growing demand from the phthalate plasticizers market and strong demand from Asia Pacific has remained the major growth driver for the PA market. UPR is another important outlet for PA, which accounted for 18.1% share of the total PA volume consumed in 2012. The growing demand of phthalate plasticizers in the production of polyvinyl chloride and unsaturated polyester resins in the manufacturing of fiberglass-reinforced plastic (FRP) is expected to drive the global PA market in the next six years.



The global PA market is segmented based on geography. Asia Pacific represents the largest and the most important market for the PA industry. In the recent past, PA market was driven by emerging nations such as China, India and Brazil. The PA market witnessed significant decline in demand due to the global economic slowdown during 2008 and 2009. However, the PA market has witnessed steady rise in demand since 2010 due to the upsurge in end user industries following the revival of the global economy. Moreover, ever rising demand for phthalate plasticizers in PVC applications is expected to trigger demand for PA in the automobile and construction industry.


Key Topics Covered:

1 Preface

2 Executive Summary

3 Phthalic Anhydride - Industry Analysis

4 Phthalic Anhydride - Application Analysis

5 Phthalic Anhydride - Regional Analysis

6 Company Profiles

Companies Mentioned:

  • Aekyung Petrochemical
  • BASF
  • Exxon Mobil Corporation
  • I G Petrochemicals
  • Koppers
  • Mitsubishi Gas Chemical
  • Nippon Steel & Sumitomo Metal Corporation
  • Polynt
  • Proviron Industries
  • Stepan Company
  • Thirumalai Chemicals
  • UPC Technology Corporation

For more information visit http://www.researchandmarkets.com/research/f2rlzd/phthalic

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, provided a fun and simple way to introduce Machine Leaning to anyone and everyone. He solved a machine learning problem and demonstrated an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intelligence and B...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone in...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: imple...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, described how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launching ...
Kubernetes is an open source system for automating deployment, scaling, and management of containerized applications. Kubernetes was originally built by Google, leveraging years of experience with managing container workloads, and is now a Cloud Native Compute Foundation (CNCF) project. Kubernetes has been widely adopted by the community, supported on all major public and private cloud providers, and is gaining rapid adoption in enterprises. However, Kubernetes may seem intimidating and complex ...