MRO Magazine

Research and Markets: North America Phthalic Anhydride Market 2015 – Analysis and Forecasts to 2019


May 26, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/vmqvlj/north_america) has announced the addition of the “North America Phthalic Anhydride Market by Applications (Plasticizers, Unsaturated Polyester Resin, Alkyd Resins, Others), and Country (U.S., Canada, Mexico) – Analysis and Forecasts to 2019” report to their offering.

The market value of phthalic anhydride was $668.7 million in 2014 and is projected to grow at a CAGR of 3.6% from 2014 to 2019

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, 2014 to 2019.

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.

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 2014. 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.

For more information visit http://www.researchandmarkets.com/research/vmqvlj/north_america

Research and Markets
Laura Wood, Senior Manager
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