Upsurge in Global Phthalic Anhydride Market Will Directly Affect the Global Orthoxylene Market Through 2019: TechNavio

LONDON--()--TechNavio has announced the publication of a new market research report on the Global Orthoxylene Market, which is expected to grow at a CAGR of 6.9 percent from 2014-2019.

About the Report

According to the new report, the Global Phthalic Anhydride Market is expected to witness steady growth, driven by the rise in demand for polyvinyl chloride. The increased demand for plasticizers, dyes and resins has led to the strong market growth.

“Phthalates and unsaturated polyester resins have been the leading uses of phthalic anhydrides, which are expected to witness substantial growth during the forecast period,” says Faisal Ghaus, Vice President of TechNavio.

“It is also expected that Latin America and the APAC region will become the leading consumers during the forecast period, which will ultimately boost the Global Orthoxylene Market.”

The report also emphasizes the rise of China as the leading country in the Orthoxylene Market.

With increased economic and industrial development in China resulting in a rise in per capita income, there has been an increase in the consumption of various solvents and major end-products of orthoxylene like PVC pipes and other related products. This will provide a major opportunity for global orthoxylene manufacturers to increase their profitability and customer reach.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2019
  • Market Growth Drivers:
    • Upsurge in Global Phthalic Anhydride Market
    • For a full detailed list, view our report.
  • Market Challenges:
    • Instability in Crude Oil Prices
    • For a full detailed list, view our report.
  • Market Trends:
    • Huge Growth of Orthoxylene Market in China
    • For a full detailed list, view our report.
  • Key Vendors:
    • Exxon Mobil Corp. (ExxonMobil)
    • Formosa Plastics Corp.
    • Reliance Industries Ltd.
    • Sinopec Ltd.
  • Other Prominent Vendors:
    • DTE Energy
    • KP Chemicals
    • Tesco

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the chemicals market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

TechNavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com

Release Summary

TechNavio has announced the publication of a new market research report on the Global Orthoxylene Market, which is expected to grow at a CAGR of 6.9 percent from 2014-2019.

Contacts

TechNavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com