Results for tag: "Phthalic Anhydride Derivatives"

Phthalic anhydride derivatives are a group of chemicals that are synthesized from phthalic anhydride, a colorless, crystalline compound used mainly in the production of plasticizers for polyvinyl chloride (PVC). In the petrochemical industry, phthalic anhydride is obtained by the oxidation of ortho-xylene or naphthalene at high temperatures in the presence of a catalyst. The derivatives of phthalic anhydride have widespread applications in various industries including plastics, automobile, construction, paints, and personal care. They are essential for producing a diverse range of products such as synthetic dyes, polyester resins, alkyd resins, and flame retardants. The market for phthalic anhydride derivatives intersects with various segments within the petrochemical sector, as the feedstocks are derivatives of petroleum. Innovation within the industry is often driven by the need for sustainable and eco-friendly alternatives, striving to reduce the reliance on fossil fuels and address environmental concerns associated with phthalates, such as toxicity and potential endocrine disruption. Some of the notable companies in the phthalic anhydride derivatives market include BASF SE, ExxonMobil Corporation, Eastman Chemical Company, Aekyung Petrochemical Co., Ltd., Polynt Group, Stepan Company, and Mitsubishi Gas Chemical Company. These companies are engaged in the production and supply of phthalic anhydride derivatives for various industrial applications Show Less Read more