India Phthalic Anhydride (Comprehensive Techno-Commercial) Market Analysis and Forecast, 2013-2030

The demand for Phthalic anhydride 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 the 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 the demand - supply gap in India.


• To categorize the Indian phthalic anhydride market based on end use, region and sales channel.


• To study trade dynamics and company share in the Indian phthalic anhydride market.


• To evaluate and forecast phthalic anhydride pricing by type in the Indian phthalic anhydride market.


• To identify major customers in the Indian phthalic anhydride market.


• To identify and profile major companies operating in the Indian phthalic anhydride market.


• To identify trending news, deals and expansion plans in India phthalic anhydride market.

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

To extract data for the Indian 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, the author was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the author analyzed various end-user segments and projected a positive outlook for the Indian phthalic anhydride market over the coming years.

The author calculated the demand for phthalic anhydride in India by analyzing the historical data and demand forecast which was carried out considering the growth in end use sectors. The author 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.

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.

Available Customizations:

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

*Note - Custom Research License:

10% specific customization is available free of any additional cost, for both the single user and enterprise license, as above. However, alternatively, if you are looking for additional content data or insight related to the scope of the report, you may purchase the new “Custom Research License”. Please enquire for pricing.

The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.