Phthalic anhydride demand in India stood at 379 KTPA in 2018 and is projected to grow at a CAGR of 7.75% during 2019-2030. Rising disposable income and growing number of nuclear families is resulting in high demand for whitewashing and decorative paints in the country, thereby increasing demand for phthalic anhydride. Growing number of manufacturing units set up by various automotive companies coupled with increasing greenfield/brownfield projects in automotive sector and expanding automotive refinished market are some of the other factors expected to offer growth opportunities to major players such as IG Petrochemicals Limited and Thirumalai Chemicals Limited operating in the country’s phthalic anhydride market.

Years Considered for this Report:

Historical Years: 2013 – 2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020 – 2030

Objective of the Study:

• The primary objective of the study was to evaluate and forecast phthalic anhydride capacity, production, demand, inventory, and demand – supply gap in India.
• To categorize phthalic anhydride demand based on end use, region and sales channel.
• To study trade dynamics and company share in India phthalic anhydride market.
• To evaluate and forecast phthalic anhydride pricing by type in India phthalic anhydride market.
• To identify major customers in India phthalic anhydride market.
• To identify and profile major companies operating in India phthalic anhydride market.
• To identify trending news, deals and expansion plans in India phthalic anhydride market.

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Some of the major players operating in India phthalic anhydride market are Thirumalai Chemicals Limited, IG Petrochemicals Limited, SI Group-India Limited, etc.

To extract data for India phthalic anhydride market, primary research surveys were conducted with phthalic anhydride manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, TechSci Research analyzed various end user segments and projected a positive outlook for India phthalic anhydride market over the coming years.

TechSci Research calculated phthalic anhydride demand in India by analyzing the historical data and demand forecast was carried out considering the growth in end use sectors. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by TechSci Research.

Key Target Audience:

• Phthalic anhydride manufacturers and other stakeholders
• Organizations, forums and alliances related to phthalic anhydride distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as phthalic anhydride manufacturers, distributors and policy makers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, India phthalic anhydride market has been segmented into following categories:

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs.

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