Global Phthalic Anhydride Market Analysis By Application (Phthalate Plasticizers, Unsaturated Polyester Resins, Alkyd Resins) Expected To Reach USD 10.39 Billion By 2020: Grand View Research, Inc

The global market for phthalic anhydride is expected to reach USD 10,387.5 million by 2020, according to a new study by Grand View Research, Inc. Increasing demand for phthalate plasticizers due to rise in consumption of polyvinyl chloride coupled with growing demand for unsaturated polyester resins is expected to drive the market growth for phthalic anhydride. In addition, growing demand for polyvinyl chloride in the Asia Pacific automobile industry, particularly China and India, is also expected to impact phthalic anhydride demand positively. Applications in coating and paints industry are expected to serve as key market opportunity in the near future.

Phthalate plasticizers were the largest application segment, accounting for 2,584.7 kilo tons of total demand in 2013 that is expected to reach 3,280.9 kilo tons in 2020, growing at a CAGR of 3.5% from 2014 to 2020. Increasing demand of phthalate plasticizers in automobiles and construction industry is expected to augment demand growth for phthalic anhydride over the forecast period. Unsaturated polyester resins were the second largest application segment with market share of 18.17% and global demand for 832.9 kilo tons in 2013. The market is expected to witness lucrative growth due to its rising demand in surface coating and manufacturing reinforced laminates.

The report “Phthalic Anhydride Market Analysis By Application (Phthalate Plasticizers, Unsaturated Polyester Resins, Alkyd Resins) And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at   http://www.grandviewresearch.com/industry-analysis/phthalic-anhydride-market

Further key findings from the study suggest:

• Global phthalic anhydride demand was 4,584.0 kilo tons in 2013 and is expected to reach 5,900.1 kilo tons by 2020, growing at a CAGR of 3.7% from 2014 to 2020.
• Asia Pacific was the leading regional market for phthalic anhydride accounting for over 51% of global market revenue, valued at USD 3.58 billion in 2013. The market is expected to show extensive growth owing to rapid development in transportation and construction sectors, at an estimated CAGR of 6.2% from 2014 to 2020.
• Europe and Latin America are expected to witness demand growth in phthalic anhydride, at an estimated CAGR of 2.5% and 4.1% from 2014 to 2020, respectively.
• In 2013, alkyd resins accounted for the third largest application segment with demand of 691.8 kilo tons and revenue of USD 1.1 billion in 2013. The market is expected to be the most attractive due to rising demand for protective coatings in the paint industry.
• The global phthalic anhydride market is highly fragmented with top five companies accounting for less than 30% of the market in 2013. Key participants include UPC Technology Corp., Aekyung Petrochemicals, BASF SE, ExxonMobil Chemical and Polynt SpA.

For the purpose of this study, Grand View Research has segmented the global phthalic anhydride market on the basis of application and region:

    • Phthalic Anhydride Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Phthalate Plasticizers
            • Unsaturated Polyester Resins
            • Alkyd Resins
            • Others
    • Phthalic Anhydride Region Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012-2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com

Global Maleic Anhydride Market By Application (Unsaturated Polyester Resins, BDO, Additives, Copolymers) Expected To Reach USD 6,788.8 Million By 2020: Grand View Research, Inc

The global market for maleic anhydride is expected to reach USD 6,788.8 million by 2020, according to a new study by Grand View Research, Inc. Increasing demand for unsaturated polyester resins and BDO is expected to augment market growth over the next six years. In addition, an upturn in the lubricant industry in recent times is also expected to mirror in maleic anhydride demand. Growing demand for maleic anhydride in the automotive industry of Asia Pacific, primarily China and India, is also expected to drive the industry. Commercialization of bio-based maleic anhydride is expected to serve as a key market opportunity in the near future.

Unsaturated polyester resins were the largest application segment accounting for maleic anhydride demand of 1,034.8 kilo tons in 2013 and revenue of USD 2,086.5 million. Increasing demand in end-use applications such as marine, automobile and construction industry is expected to surge demand for unsaturated polyester resins over the forecast period. BDO was the second largest application with market share of 19.2% and global demand of 408.0 kilo tons in 2013. The market is expected to witness lucrative growth due to rising demand in elastic fibers, coatings, polyurethanes and polybutylene terepthalate in automotive industry.

The report “Maleic Anhydride Market Analysis By Application (Unsaturated Polyester Resins, BDO, Additives, Copolymers) And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/maleic-anhydride-market

Further key findings from the study suggest:

• Global maleic anhydride demand was 2,100.7 kilo tons in 2013 and is expected to reach 3,073.2 kilo tons by 2020, growing at a CAGR of 5.6% from 2014 to 2020.
• Asia Pacific was the leading regional market for maleic anhydride accounting for over 50% of global demand, valued at USD 2,279.8 million, in 2013. The market is expected to show rapid growth due to increasing automobile sales coupled with infrastructural developments in the region.
• North America and Europe are expected to witness demand growth in unsaturated polyester resins, at an estimated CAGR of 4.8% and 4.5% from 2014 to 2020, respectively.
• In 2013, additives (lubricants and oil) accounted for the third largest application segment with demand of 231.6 kilo tons and revenue of USD 496.6 million in 2013.
• The global maleic anhydride market is highly fragmented with top five companies accounting for less than 30% of the market. Key participants include Hunstman Corporation, Ashland Chemical Co., Sasol-Hunstman, Polynt SpA, Lanxess AG.

For the purpose of this study, Grand View Research has segmented the global metal cans market on the basis of application and region:

    • Maleic Anhydride Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Unsaturated Polyester Resins
            • BDO
            • Additives (Lubricants and Oil)
            • Copolymers
            • Others
    • Maleic Anhydride Region Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012-2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com

Global Acrylonitrile Butadiene Styrene (ABS) Market By Application (Appliances, Automotive, Consumer, Construction, Electrical & Electronics) Expected to Reach USD 30.35 Billion by 2020: Grand View Research, Inc

The global market for ABS is expected to reach USD 30.35 billion by 2020, according to a new study by Grand View Research, Inc. ABS is one of the most preferred engineering plastics for automotive and appliances and is expected to witness growth over the forecast period owing to increased demand from these applications. There is increased focus on weight reduction in automobiles in order to have better fuel economy, which is expected to result in substitution of metals with plastics such as ABS. In addition, the augmented demand for consumer goods in emerging economies is expected boost the demand for engineering thermoplastics such as ABS.

Appliances were the largest application segment accounting for nearly 2,500 kilo tons of overall ABS demand in 2013. The increasing demand for appliances in emerging economies of Brazil and China is expected to be a key factor having a positive impact on the market over the forecast period. ABS is also extensively used in electronics and electrical applications owing to its favorable physical and chemical properties and accounted for over 2,000 kilo tons of ABS demand in 2013.

The report “Acrylonitrile Butadiene Styrene (ABS) Market Analysis By Application (Appliances, Automotive, Consumer, Construction, Electrical & Electronics) And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/acrylonitrile-butadiene-styrene-market

Further key findings from the study suggest:

• China was the largest regional market for ABS with revenue exceeding USD 10.6 billion in 2013. The presence of large manufacturing companies for automotives and appliances is a key reason for the high share. In addition, the region is also expected to witness fastest growth at an estimated CAGR of 7.5% from 2014 to 2020.
• Rest of Asia also had a significant share of the market in 2013 owing to industrial and economic development of countries such as India and South Korea. The region is expected to witness demand growth at an estimated CAGR of 5% from 2014 to 2020.
• Automotive applications are expected to witness fastest growth, at an estimated CAGR of 7.3% from 2014 to 2020. Increasing automotive sales in countries such as India, China, Japan, Germany and the U.S. coupled with increasing need for weight reduction is expected to drive ABS demand for this application.

For the purpose of this study, Grand View Research has segmented the global ABS market on the basis of application, product and region:

    • ABS Applications Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Appliances
            • Electronic and Electricals
            • Automotive
            • Consumer Goods
            • Construction
            • Others (PGA)
    • ABS Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • China
            • Rest of Asia
            • RoW
 
About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com