Market Overview:
The global tetrahydrophthalic anhydride (THPA) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The THPA market is segmented on the basis of type, application, and region. On the basis of type, the THPA market is segmented into purity 97% type, purity 98% type, purity 99% type and others. The purity 97%, 98%, and 99% types are further sub-segmented on the basis of grade into high-grade, medium-grade and low-grade products. On the basis of application, industrial accounted for a major share in 2017 owing to its extensive use in various industries such as automotive & transportation; construction; electricals & electronics; textiles; paints & coatings among others. Food followed by agriculture are expected to be two other key applications with high growth potential during the forecast period from 2018 to 2030.
Product Definition:
Tetrahydrophthalic anhydride is a white solid that has a melting point of 97 degrees Celsius. It is soluble in benzene, carbon tetrachloride, and chloroform. Tetrahydrophthalic anhydride is used to make polyesters and other plastics.
Purity 97% Type:
It is a colorless, odorless, water-soluble liquid. PTMEG has the ability to form transparent films and can be used as an alternative to Polytetramethylene Ether Glycol (PTMEG) in applications such as antifreeze/coolant and hydraulic fluids.
Purity 98% Type:
It is a colorless, odorless, water-soluble liquid with an extremely high boiling point. Purity 98% can be considered as the most pure form of terephthalic acid (TEA) available in the market.
Application Insights:
The industrial application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The product is widely used in manufacturing of adhesives, sealants, coatings, and elastomers owing to its high performance. It also finds applications as a solvent for printing ink and coating agent for plastic bottles among others.
Food was the second-largest application segment of THPA with a revenue share of 22% in 2017. Increasing consumption of food products coated with polymers such as polylactic acid (PLA) has been driving demand for THPA globally due to increasing consumer preference towards biodegradable plastics that are safe for human consumption.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to maintain its position over the forecast period. The presence of major players, availability of raw material, low production cost coupled with easy accessibility to land and labor are some key factors responsible for this dominance. China is one of the largest producers as well as consumers of THPA globally owing to growing demand from various end-use industries including food & beverages, pharma, construction etc.
The European market was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period on account rising R&D activities by various companies especially in Germany along with other countries such as Switzerland will boost industry growth over next eight years.
Growth Factors:
- Increasing demand from end-use industries such as automotive and construction
- Growing demand for lightweight and fuel-efficient vehicles
- Rising investments in infrastructure development projects
- Growing popularity of THPA as a replacement for traditional materials such as glass fiber and carbon fiber composites
- Technological advancements that improve the performance of THPA products
Scope Of The Report
Report Attributes
Report Details
Report Title
Tetrahydrophthalic Anhydride (THPA) Market Research Report
By Type
Purity 97% Type, Purity 98% Type, Purity 99% Type, Others
By Application
Industrial, Food, Agriculture, Pharmaceutics, Others
By Companies
Dixie Chemical, Penpet Petrochemical, NAN YA PLASTICS, Yongsan Chemicals, Hanyong, Xiamen Ditai Chemicals, Woowon Sea & Air, Puyang Huicheng, Anhui Meisenbao Chemical, Denka Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Tetrahydrophthalic Anhydride (THPA) Market Report Segments:
The global Tetrahydrophthalic Anhydride (THPA) market is segmented on the basis of:
Types
Purity 97% Type, Purity 98% Type, Purity 99% Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Food, Agriculture, Pharmaceutics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dixie Chemical
- Penpet Petrochemical
- NAN YA PLASTICS
- Yongsan Chemicals
- Hanyong
- Xiamen Ditai Chemicals
- Woowon Sea & Air
- Puyang Huicheng
- Anhui Meisenbao Chemical
- Denka Chemical
Highlights of The Tetrahydrophthalic Anhydride (THPA) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity 97% Type
- Purity 98% Type
- Purity 99% Type
- Others
- By Application:
- Industrial
- Food
- Agriculture
- Pharmaceutics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tetrahydrophthalic Anhydride (THPA) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tetrahydrophthalic anhydride, also known as THPA, is a chemical compound with the formula H2THP. It is a colorless liquid that has a sweet odor. THPA is used in the production of polyurethanes and other plastics.
Some of the major companies in the tetrahydrophthalic anhydride (thpa) market are Dixie Chemical, Penpet Petrochemical, NAN YA PLASTICS, Yongsan Chemicals, Hanyong, Xiamen Ditai Chemicals, Woowon Sea & Air, Puyang Huicheng, Anhui Meisenbao Chemical, Denka Chemical.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tetrahydrophthalic Anhydride (THPA) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tetrahydrophthalic Anhydride (THPA) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tetrahydrophthalic Anhydride (THPA) Market - Supply Chain
4.5. Global Tetrahydrophthalic Anhydride (THPA) Market Forecast
4.5.1. Tetrahydrophthalic Anhydride (THPA) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tetrahydrophthalic Anhydride (THPA) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tetrahydrophthalic Anhydride (THPA) Market Absolute $ Opportunity
5. Global Tetrahydrophthalic Anhydride (THPA) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Type
5.3.1. Purity 97% Type
5.3.2. Purity 98% Type
5.3.3. Purity 99% Type
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tetrahydrophthalic Anhydride (THPA) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Food
6.3.3. Agriculture
6.3.4. Pharmaceutics
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tetrahydrophthalic Anhydride (THPA) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tetrahydrophthalic Anhydride (THPA) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tetrahydrophthalic Anhydride (THPA) Demand Share Forecast, 2019-2026
9. North America Tetrahydrophthalic Anhydride (THPA) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Food
9.4.3. Agriculture
9.4.4. Pharmaceutics
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Type
9.7.1. Purity 97% Type
9.7.2. Purity 98% Type
9.7.3. Purity 99% Type
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tetrahydrophthalic Anhydride (THPA) Demand Share Forecast, 2019-2026
10. Latin America Tetrahydrophthalic Anhydride (THPA) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Food
10.4.3. Agriculture
10.4.4. Pharmaceutics
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Type
10.7.1. Purity 97% Type
10.7.2. Purity 98% Type
10.7.3. Purity 99% Type
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tetrahydrophthalic Anhydride (THPA) Demand Share Forecast, 2019-2026
11. Europe Tetrahydrophthalic Anhydride (THPA) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Food
11.4.3. Agriculture
11.4.4. Pharmaceutics
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Type
11.7.1. Purity 97% Type
11.7.2. Purity 98% Type
11.7.3. Purity 99% Type
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tetrahydrophthalic Anhydride (THPA) Demand Share, 2019-2026
12. Asia Pacific Tetrahydrophthalic Anhydride (THPA) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Food
12.4.3. Agriculture
12.4.4. Pharmaceutics
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Type
12.7.1. Purity 97% Type
12.7.2. Purity 98% Type
12.7.3. Purity 99% Type
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tetrahydrophthalic Anhydride (THPA) Demand Share, 2019-2026
13. Middle East & Africa Tetrahydrophthalic Anhydride (THPA) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Food
13.4.3. Agriculture
13.4.4. Pharmaceutics
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tetrahydrophthalic Anhydride (THPA) Market Size and Volume Forecast by Type
13.7.1. Purity 97% Type
13.7.2. Purity 98% Type
13.7.3. Purity 99% Type
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tetrahydrophthalic Anhydride (THPA) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tetrahydrophthalic Anhydride (THPA) Market: Market Share Analysis
14.2. Tetrahydrophthalic Anhydride (THPA) Distributors and Customers
14.3. Tetrahydrophthalic Anhydride (THPA) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dixie Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Penpet Petrochemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NAN YA PLASTICS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yongsan Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hanyong
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Xiamen Ditai Chemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Woowon Sea & Air
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Puyang Huicheng
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Anhui Meisenbao Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Denka Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook