The North America Phthalic Anhydride Market would witness market growth of 3.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 463.6 Kilo Tonnes, showcasing a growth of 2.9% (2019-2022).
The chemical formula for phthalic anhydride is C6H4(CO)2O, an organic crystalline compound that is white. It is produced when o-xylene is catalytically oxidized. It can accelerate corrosion due to the exothermic reaction it undergoes when it comes into contact with water. It is utilized in the production of substances like synthetic resins. Pharmaceutical acid in its commercially available form. It is frequently employed as the chemical medium when synthesizing plastics from vinyl chloride. Because of its bifunctional nature and abundant availability, it is an adaptable intermediate in chemical processes.
The construction and building, automotive, paints and coatings, electrical and electronic, marine, and agricultural sectors account for most of the demand for phthalic anhydride. The production of plasticizers frequently involves this. PVC manufacturers use some percent of the plasticizers to modify their PVC products' properties according to the end user's requirements. Polyvinyl chloride (PVC) has physical belongings such as dimensional stability and high strength, at a low lost—rapid industrialization and urbanization across developing economies.
The construction industry is a significant consumer of it, particularly in producing PVC materials for construction applications. Growth in construction and infrastructure projects can boost its demand. Regulation changes, especially concerning environmental standards and safety requirements, can influence its demand. Compliance with regulations may drive innovation and the development of new products. Consumers often invest in refreshing or upgrading the appearance of their properties, boosting the sales of various coating products. Ongoing innovations in coating technologies may lead to the development of new formulations that utilize this. This includes the incorporation of sustainable and eco-friendly practices in coating production. Thus, the above aspects will expand the market growth across the region in the upcoming years.
The US market dominated the North America Phthalic Anhydride Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $673.4 million by 2030. The Canada market is experiencing a CAGR of 5.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 4.8% during (2023 - 2030).
Free Valuable Insights: The Phthalic Anhydride Market is Predict to reach $5.3 Billion by 2030, at a CAGR of 4%
Based on Process, the market is segmented into O-Xylene Catalytic Oxidation, and Naphthalene Catalytic Oxidation. Based on Application, the market is segmented into Plasticizers, Alkyd Resins, Unsaturated Polyester Resins, and Others. Based on End-Use, the market is segmented into Building & Construction, Paints & Coatings, Automotive, Electrical & Electronics, Agriculture, Marine, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Thirumalai Chemicals Ltd.
- Mitsubishi Gas Chemical Company, Inc.
- Asian Paints Limited
- POLYNT SPA
- BASF SE
- Exxon Mobil Corporation
- Koppers Holdings Inc.
- UPC Technology Corporation (MiTAC-SYNNEX GROUP)
- Nan Ya Plastics Corp. (NPC)
- Stepan Company
North America Phthalic Anhydride Market Report Segmentation
By Process
- O-Xylene Catalytic Oxidation
- Naphthalene Catalytic Oxidation
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Plasticizers
- Alkyd Resins
- Unsaturated Polyester Resins
- Others
By End-Use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Building & Construction
- Paints & Coatings
- Automotive
- Electrical & Electronics
- Agriculture
- Marine
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Phthalic Anhydride Market, 2019 - 2022, USD Million
TABLE 2 North America Phthalic Anhydride Market, 2023 - 2030, USD Million
TABLE 3 North America Phthalic Anhydride Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Phthalic Anhydride Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Phthalic Anhydride Market by Process, 2019 - 2022, USD Million
TABLE 6 North America Phthalic Anhydride Market by Process, 2023 - 2030, USD Million
TABLE 7 North America O-Xylene Catalytic Oxidation Market by Region, 2019 - 2022, USD Million
TABLE 8 North America O-Xylene Catalytic Oxidation Market by Region, 2023 - 2030, USD Million
TABLE 9 North America Naphthalene Catalytic Oxidation Market by Region, 2019 - 2022, USD Million
TABLE 10 North America Naphthalene Catalytic Oxidation Market by Region, 2023 - 2030, USD Million
TABLE 11 North America Phthalic Anhydride Market by Application, 2019 - 2022, USD Million
TABLE 12 North America Phthalic Anhydride Market by Application, 2023 - 2030, USD Million
TABLE 13 North America Phthalic Anhydride Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 14 North America Phthalic Anhydride Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 15 North America Plasticizers Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Plasticizers Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Plasticizers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 18 North America Plasticizers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 19 North America Alkyd Resins Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Alkyd Resins Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Alkyd Resins Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 22 North America Alkyd Resins Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 23 North America Unsaturated Polyester Resins Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Unsaturated Polyester Resins Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Unsaturated Polyester Resins Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 26 North America Unsaturated Polyester Resins Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 27 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 30 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 31 North America Phthalic Anhydride Market by End-Use, 2019 - 2022, USD Million
TABLE 32 North America Phthalic Anhydride Market by End-Use, 2023 - 2030, USD Million
TABLE 33 North America Phthalic Anhydride Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 34 North America Phthalic Anhydride Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 35 North America Building & Construction Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Building & Construction Market by Country, 2023 - 2030, USD Million
TABLE 37 North America Building & Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 38 North America Building & Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 39 North America Paints & Coatings Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Paints & Coatings Market by Country, 2023 - 2030, USD Million
TABLE 41 North America Paints & Coatings Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 42 North America Paints & Coatings Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 43 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 45 North America Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 46 North America Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 47 North America Electrical & Electronics Market by Country, 2019 - 2022, USD Million
TABLE 48 North America Electrical & Electronics Market by Country, 2023 - 2030, USD Million
TABLE 49 North America Electrical & Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 50 North America Electrical & Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 51 North America Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 52 North America Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 53 North America Agriculture Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 54 North America Agriculture Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 55 North America Marine Market by Country, 2019 - 2022, USD Million
TABLE 56 North America Marine Market by Country, 2023 - 2030, USD Million
TABLE 57 North America Marine Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 58 North America Marine Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 59 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 60 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 61 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 62 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 63 North America Phthalic Anhydride Market by Country, 2019 - 2022, USD Million
TABLE 64 North America Phthalic Anhydride Market by Country, 2023 - 2030, USD Million
TABLE 65 North America Phthalic Anhydride Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 66 North America Phthalic Anhydride Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 67 US Phthalic Anhydride Market, 2019 - 2022, USD Million
TABLE 68 US Phthalic Anhydride Market, 2023 - 2030, USD Million
TABLE 69 US Phthalic Anhydride Market, 2019 - 2022, Kilo Tonnes
TABLE 70 US Phthalic Anhydride Market, 2023 - 2030, Kilo Tonnes
TABLE 71 US Phthalic Anhydride Market by Process, 2019 - 2022, USD Million
TABLE 72 US Phthalic Anhydride Market by Process, 2023 - 2030, USD Million
TABLE 73 US Phthalic Anhydride Market by Application, 2019 - 2022, USD Million
TABLE 74 US Phthalic Anhydride Market by Application, 2023 - 2030, USD Million
TABLE 75 US Phthalic Anhydride Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 US Phthalic Anhydride Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 US Phthalic Anhydride Market by End-Use, 2019 - 2022, USD Million
TABLE 78 US Phthalic Anhydride Market by End-Use, 2023 - 2030, USD Million
TABLE 79 US Phthalic Anhydride Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 80 US Phthalic Anhydride Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 81 Canada Phthalic Anhydride Market, 2019 - 2022, USD Million
TABLE 82 Canada Phthalic Anhydride Market, 2023 - 2030, USD Million
TABLE 83 Canada Phthalic Anhydride Market, 2019 - 2022, Kilo Tonnes
TABLE 84 Canada Phthalic Anhydride Market, 2023 - 2030, Kilo Tonnes
TABLE 85 Canada Phthalic Anhydride Market by Process, 2019 - 2022, USD Million
TABLE 86 Canada Phthalic Anhydride Market by Process, 2023 - 2030, USD Million
TABLE 87 Canada Phthalic Anhydride Market by Application, 2019 - 2022, USD Million
TABLE 88 Canada Phthalic Anhydride Market by Application, 2023 - 2030, USD Million
TABLE 89 Canada Phthalic Anhydride Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 90 Canada Phthalic Anhydride Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 91 Canada Phthalic Anhydride Market by End-Use, 2019 - 2022, USD Million
TABLE 92 Canada Phthalic Anhydride Market by End-Use, 2023 - 2030, USD Million
TABLE 93 Canada Phthalic Anhydride Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 94 Canada Phthalic Anhydride Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 95 Mexico Phthalic Anhydride Market, 2019 - 2022, USD Million
TABLE 96 Mexico Phthalic Anhydride Market, 2023 - 2030, USD Million
TABLE 97 Mexico Phthalic Anhydride Market, 2019 - 2022, Kilo Tonnes
TABLE 98 Mexico Phthalic Anhydride Market, 2023 - 2030, Kilo Tonnes
TABLE 99 Mexico Phthalic Anhydride Market by Process, 2019 - 2022, USD Million
TABLE 100 Mexico Phthalic Anhydride Market by Process, 2023 - 2030, USD Million
TABLE 101 Mexico Phthalic Anhydride Market by Application, 2019 - 2022, USD Million
TABLE 102 Mexico Phthalic Anhydride Market by Application, 2023 - 2030, USD Million
TABLE 103 Mexico Phthalic Anhydride Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 104 Mexico Phthalic Anhydride Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 105 Mexico Phthalic Anhydride Market by End-Use, 2019 - 2022, USD Million
TABLE 106 Mexico Phthalic Anhydride Market by End-Use, 2023 - 2030, USD Million
TABLE 107 Mexico Phthalic Anhydride Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 108 Mexico Phthalic Anhydride Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 109 Rest of North America Phthalic Anhydride Market, 2019 - 2022, USD Million
TABLE 110 Rest of North America Phthalic Anhydride Market, 2023 - 2030, USD Million
TABLE 111 Rest of North America Phthalic Anhydride Market, 2019 - 2022, Kilo Tonnes
TABLE 112 Rest of North America Phthalic Anhydride Market, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of North America Phthalic Anhydride Market by Process, 2019 - 2022, USD Million
TABLE 114 Rest of North America Phthalic Anhydride Market by Process, 2023 - 2030, USD Million
TABLE 115 Rest of North America Phthalic Anhydride Market by Application, 2019 - 2022, USD Million
TABLE 116 Rest of North America Phthalic Anhydride Market by Application, 2023 - 2030, USD Million
TABLE 117 Rest of North America Phthalic Anhydride Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 118 Rest of North America Phthalic Anhydride Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 119 Rest of North America Phthalic Anhydride Market by End-Use, 2019 - 2022, USD Million
TABLE 120 Rest of North America Phthalic Anhydride Market by End-Use, 2023 - 2030, USD Million
TABLE 121 Rest of North America Phthalic Anhydride Market by End-Use, 2019 - 2022, Kilo Tonnes
TABLE 122 Rest of North America Phthalic Anhydride Market by End-Use, 2023 - 2030, Kilo Tonnes
TABLE 123 Key Information – Thirumalai Chemicals Ltd.
TABLE 124 Key Information – Mitsubishi Gas Chemical Company, Inc.
TABLE 125 Key Information – Asian Paints Limited
TABLE 126 Key Information – POLYNT SPA
TABLE 127 Key Information – BASF SE
TABLE 128 Key Information – Exxon Mobil Corporation
TABLE 129 Key Information – KOPPERS HOLDINGS INC.
TABLE 130 Key Information – UPC Technology Corporation
TABLE 131 Key Information – Nan Ya Plastics Corp. (NPC)
TABLE 132 Key Information – Stepan Company
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Phthalic Anhydride Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Phthalic Anhydride Market
FIG 4 Porter’s Five Forces Analysis - Phthalic Anhydride Market
FIG 5 North America Phthalic Anhydride Market share by Process, 2022
FIG 6 North America Phthalic Anhydride Market share by Process, 2030
FIG 7 North America Phthalic Anhydride Market by Process, 2019 - 2030, USD Million
FIG 8 North America Phthalic Anhydride Market share by Application, 2022
FIG 9 North America Phthalic Anhydride Market share by Application, 2030
FIG 10 North America Phthalic Anhydride Market by Application, 2019 - 2030, USD Million
FIG 11 North America Phthalic Anhydride Market share by End-Use, 2022
FIG 12 North America Phthalic Anhydride Market share by End-Use, 2030
FIG 13 North America Phthalic Anhydride Market by End-Use, 2019 - 2030, USD Million
FIG 14 North America Phthalic Anhydride Market share by Country, 2022
FIG 15 North America Phthalic Anhydride Market share by Country, 2030
FIG 16 North America Phthalic Anhydride Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Thirumalai Chemicals Ltd.
FIG 18 SWOT Analysis: MITSUBISHI GAS CHEMICAL COMPANY, INC.
FIG 19 SWOT Analysis: Asian Paints Limited
FIG 20 SWOT Analysis: POLYNT SPA
FIG 21 SWOT Analysis: BASF SE
FIG 22 SWOT Analysis: Exxon Mobil Corporation
FIG 23 SWOT Analysis: KOPPERS HOLDINGS INC.
FIG 24 SWOT Analysis: UPC Technology Corporation
FIG 25 Swot Analysis: Nan Ya Plastics Corp. (NPC)
FIG 26 SWOT Analysis: Stepan Company