Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Tetrahydrophthalic Anhydride (THPA) Market by Type (Purity 97% Type, Purity 98% Type, Purity 99% Type, Others), By Application (Industrial, Food, Agriculture, Pharmaceutics, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Tetrahydrophthalic Anhydride (THPA) Market by Type (Purity 97% Type, Purity 98% Type, Purity 99% Type, Others), By Application (Industrial, Food, Agriculture, Pharmaceutics, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 146994 3300 Chemical & Material 377 240 Pages 4.9 (47)
                                          

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.


Global Tetrahydrophthalic Anhydride (THPA) Industry Outlook


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:

  1. Dixie Chemical
  2. Penpet Petrochemical
  3. NAN YA PLASTICS
  4. Yongsan Chemicals
  5. Hanyong
  6. Xiamen Ditai Chemicals
  7. Woowon Sea & Air
  8. Puyang Huicheng
  9. Anhui Meisenbao Chemical
  10. Denka Chemical

Global Tetrahydrophthalic Anhydride (THPA) Market Overview


Highlights of The Tetrahydrophthalic Anhydride (THPA) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Purity 97% Type
    2. Purity 98% Type
    3. Purity 99% Type
    4. Others
  1. By Application:

    1. Industrial
    2. Food
    3. Agriculture
    4. Pharmaceutics
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Tetrahydrophthalic Anhydride (THPA) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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