The Asia-Pacific Phthalic Anhydride Market is expected to reach $5,572.8 million by 2018

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• The Asia-Pacific Phthalic Anhydride Market is
  expected to reach 5,572.8 million by 2018

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• Asia-Pacific Phthalic Anhydride Market to reach
  5,572.8 million by 2018 at a CAGR of 6.2 from
  2013 to 2018
• The Asia-Pacific Phthalic Anhydride Market report
  defines the market with respect to an analysis of
  the growth trends and revenue forecasts.

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 Browse through the TOC of the Asia-Pacific
Phthalic Anhydride Market report to get an idea
of the in-depth analysis and market segmentation
supported by various tables and figures.
http//www.micromarketmonitor.com/market/asia-pa
cific-phthalic-anhydride-2887780714.html

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• Phthalic anhydride (PA) is a derivative of
  phthalic acid, which is obtained from the
  oxidation of o-Xylene or naphthalene.
• A stringent supply of naphthalene has arisen due
  to the decreasing coke consumption (resulting in
  low naphthalene and coal tar production).
• On the other hand, the increasing availability
  of o-Xylene from refineries has led to the switch
  to o-Xylene feed stock. PA is manufactured in two
  forms flakes and in the molten state.

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• According to the report, PA finds its main
  application in the plasticization of poly vinyl
  chloride (PVC) due to its ability to provide
  flexibility and strength to the compound.
• In paints and coatings, alkyd resins produced
  from anhydrides, such as PA and polyols are used
  to fix the curing time of the coating applied.
• According to the report findings, the global PA
  market is driven by the rising demand from
  Asia-Pacific and other emerging markets.

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• The Asia-Pacific phthalic anhydride market is
  projected to grow with China and India witnessing
  the fastest growth in the demand for PVC, owing
  to rapid development of the construction and
  transportation sector.
• Industrial growth in emerging regions is
  expected to create potential opportunities for
  the growth and demand of these products in the
  near future.

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• In addition, growth in the demand for and
  applications of alkyd resins is also expected to
  influence the overall market in the years to
  come.
• An increasing demand for polyester polyols is
  considered to be a vital factor that boosts
  business opportunities for the established as
  well as potential players in the market.
• However, toxicity of the phthalates and
  rebuilding consumer faith remain major challenges
  for key players in the industry.

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