North America Phthalic Anhydride Market Research Report 2022
- Report ID: 28285
- Date: Jun, 2022
- Pages: 242
- Category: Chemicals & Materials
The report covers the important North America phthalic anhydride market, and segments the market on the basis of application and geography. The market data is given with respect to volume (KT) and value (USD Million). The market value of phthalic anhydride was $668.7 million in 2021 and is projected to grow at a CAGR of 3.6% from 2021 to 2028.
The North America phthalic anhydride market has been analyzed based on the current proceedings in the industry at the commercial level. The study provides a value chain analysis with respect to phthalic anhydride raw materials, manufacturers, and end-users. The value chain describes the key contributors to the materials market at different stages from product development to end use. It represents the top players who are contributing to the growth of the North America phthalic anhydride market.
The impacts of different market factors, such as drivers, restraints, and opportunities, are also illustrated in the report. This provides details about the key drivers such as high plasticizers consumption in North America and the availability of low-phthalate-based plasticizers; and restraints such as environmental impacts of phthalic anhydride and consumer shift towards sustainable products.
The North America phthalic anhydride market has also been classified based on the different applications. The important applications include plasticizers, unsaturated polyester resins, and alkyd resins, among others. Furthermore, the plasticizers segment is expected to show rapid growth in the coming years in North America, thereby driving the growth of the North America phthalic anhydride market during the forecast period, 2021 to 2028.
The key companies in this market are BASF SE (Germany), Exxon Mobil Corporation (U.S.), F Koppers Industries, Inc. (U.S.), Stepan Company (U.S.), Grupo Primex (Mexico), and Sintesis Organicas S.A. De C.V. (Mexico), among others. These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage, thereby serving the customers more effectively. Investments in expansion of plant capacities, followed by acquisitions were the most preferred strategies by the top players in 2019 & 2021; these strategies adopted by the key market players are responsible for the growth of the concerned market that has occurred in recent years. Their strategy to capture the market in developing economies includes expansions and agreements.
The U.S. emerged to be the driving factor for this North American market, contributing 80% of the demand in the North American region in 2021. The U.S. is the leading segment due to the rising demand from the building & construction and automotive industries.
The report also presents a competitive landscape covering different strategies and developments such as mergers & acquisitions, expansions, and agreements undertaken by the leading companies in the past few years. Furthermore, different market participants are also profiled in the report.
Scope of the Report:
The North America phthalic anhydride market has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included.
On the Basis of Applications:
• Plasticizers
• Unsaturated Polyester Resins (UPR)
• Alkyd Resins
• Others
On the Basis of Geography:
• U.S.
• Mexico
• Canada
TABLE OF CONTENTS
1 INTRODUCTION 10
1.1 OBJECTIVES OF THE STUDY 10
1.2 MARKET SEGMENTATION & COVERAGE 10
1.3 STAKEHOLDERS 11
2 RESEARCH METHODOLOGY 12
2.1 INTEGRATED ECOSYSTEM OF THE PHTHALIC ANHYDRIDE MARKET 12
2.2 ARRIVING AT THE PHTHALIC ANHYDRIDE MARKET SIZE 13
2.2.1 TOP-DOWN APPROACH 14
2.2.2 BOTTOM-UP APPROACH 15
2.2.3 DEMAND SIDE APPROACH 15
3 EXECUTIVE SUMMARY 17
4 MARKET OVERVIEW 19
4.1 INTRODUCTION 19
4.2 MARKET DRIVERS and INHIBITORS 20
4.3 KEY MARKET DYNAMICS 22
4.4 DEMAND SIDE ANALYSIS 24
5 NORTH AMERICA PHTHALIC ANHYDRIDE MARKET, BY APPLICATION 25
5.1 INTRODUCTION 26
5.2 PHTHALIC ANHYDRIDE IN PLASTICIZERS, BY COUNTRY 28
5.3 PHTHALIC ANHYDRIDE IN UNSATURATED POLYESTER RESINS, BY COUNTRY 30
5.4 PHTHALIC ANHYDRIDE IN ALKYD RESINS, BY COUNTRY 32
5.5 PHTHALIC ANHYDRIDE IN OTHERS, BY COUNTRY 34
6 PHTHALIC ANHYDRIED MARKET, BY COUNTRY 36
6.1 INTRODUCTION 37
6.1.1 U.S. PHTHALIC ANHYDRIDE MARKET 39
6.1.2 U.S. PHTHALIC ANHYDRIDE MARKET, BY APPLICATION 39
6.2 CANADA PHTHALIC ANHYDRIDE MARKET 42
6.2.1 CANADA PHTHALIC ANHYDRIDE MARKET, BY APPLICATION 42
6.3 MEXICO PHTHALIC ANHYDRIDE MARKET 45
6.3.1 MEXICO PHTHALIC ANHYDRIDE MARKET, BY APPLICATION 45
7 NORTH AMERICA PHTHALIC ANHYDRIDE MARKET: COMPETITIVE LANDSCAPE 48
7.1 NORTH AMERICA PHTHALIC ANHYDRIDE MARKET: COMPANY SHARE ANALYSIS 48
7.2 EXPANSIONS 49
7.3 AGREEEMENT 49
8 NORTH AMERICA PHTHALIC ANHYDRIDE MARKET, BY COMPANY 50
8.1 BASF S.E. 50
8.1.1 OVERVIEW 50
8.1.2 KEY FINANCIALS 51
8.1.3 PRODUCT AND SERVICE OFFERINGS 52
8.1.4 RELATED DEVELOPMENTS 52
8.1.5 MMM ANALYSIS 52
8.2 EXXON MOBIL CORPORATION 53
8.2.1 OVERVIEW 53
8.2.2 KEY OPERATIONS DATA 54
8.2.3 KEY FINANCIALS 54
8.2.4 PRODUCT AND SERVICE OFFERINGS 55
8.2.5 MMM ANALYSIS 55
8.3 KOPPERS INDUSTRIES INC. 55
8.3.1 OVERVIEW 55
8.3.2 KEY OPERATIONS DATA 56
8.3.3 PRODUCT AND SERVICE OFFERINGS 57
8.3.4 RELATED DEVELOPMENTS 57
8.3.5 MMM ANALYSIS 58
8.4 STEPAN COMPANY 58
8.4.1 OVERVIEW 58
8.4.2 KEY FINANCIALS 59
8.4.3 PRODUCT AND SERVICE OFFERINGS 60
8.4.4 MMM ANALYSIS 60
8.5 GRUPO PROFREZAC, S.A. DE C.V. 61
8.5.1 OVERVIEW 61
8.5.2 KEY FINANCIALS 61
8.5.3 PRODUCT AND SERVICE OFFERINGS 61
8.5.4 MMM ANALYSIS 61
8.6 SINTESIS ORGANICAS S.A. DE C.V. 62
8.6.1 OVERVIEW 62
8.6.2 KEY FINANCIALS 62
8.6.3 PRODUCT AND SERVICE OFFERINGS 62
8.6.4 MMM ANALYSIS 62
9 APPENDIX 63
9.1 CUSTOMIZATION OPTIONS 63
9.1.1 TECHNICAL ANALYSIS 63
9.1.2 LOW-COST SOURCING LOCATIONS 63
9.1.3 REGULATORY FRAMEWORK 63
9.1.4 IMPACT ANALYSIS 63
9.1.5 TRADE ANALYSIS 63
9.2 RELATED REPORTS 64
9.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 65
9.3.1 RT SNAPSHOTS 66
List of Figures
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
Clients
