| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Phthalic Anhydride | China | FOB | USD 1,173.90/MT | April 2026 |
| Phthalic Anhydride | India | CIF | USD 1,224.00/MT | April 2026 |
| Phthalic Anhydride | USA | FOB | USD 1,261.00/MT | April 2026 |
| Phthalic Anhydride | Brazil | CIF | USD 1,295.00/MT | April 2026 |
| Phthalic Anhydride | Canada | CIF | USD 1,261.00/MT | April 2026 |
| Phthalic Anhydride | China | FOB | USD 1,188.00/MT | March 2026 |
| Phthalic Anhydride | India | CIF | USD 1,243.00/MT | March 2026 |
| Phthalic Anhydride | USA | FOB | USD 1,275.00/MT | March 2026 |
| Phthalic Anhydride | Brazil | CIF | USD 1,286.00/MT | March 2026 |
| Phthalic Anhydride | Canada | CIF | USD 1,283.00/MT | March 2026 |
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Asia
In Asia, the Phthalic Anhydride market saw relatively stable prices throughout Q4’24. The prices were supported by steady demand from key sectors such as automotive and construction, although neither sector showed significant growth. The feedstock market, particularly Naphthalene, remained stable, which helped keep production costs steady.
However, the market sentiment was generally bearish due to ongoing economic concerns in the region, limiting any upward price pressure. Additionally, the rise in popularity of bio-based plasticizers in Asia began affecting the demand for conventional phthalic anhydride-based products, contributing to a sluggish market trend.
Europe
In Europe, the price of Phthalic Anhydride experienced some downward pressure, mirroring global market trends. Demand from key downstream sectors, particularly the plasticizers and coatings industries, was moderate. The stability in Naphthalene feedstock pricing helped keep production costs under control, but this was not enough to offset the general weak demand. The construction sector, which traditionally uses products made from phthalic anhydride, showed signs of slowdown in the region, further contributing to the subdued market dynamics. The European market also faced competitive pressure, with several producers trying to clear inventory, which exerted additional downward pressure on prices.
North America
In North America, the Phthalic Anhydride market was significantly affected by reduced demand from key industries. The plasticizer market, a major consumer of Phthalic Anhydride, continued to face challenges with a shift towards bio-based alternatives. The construction industry, another important downstream sector, showed weak performance, with residential construction starts declining. As a result, there was little upward momentum for Phthalic Anhydride prices. The stable feedstock prices, such as Naphthalene, did not lead to any major changes in production costs, keeping the overall market relatively stable but with a bearish sentiment.
Phthalic anhydride is the anhydride of phthalic acid and is a cyclic dicarboxylic anhydride. It is a 2-benzofuran and a cyclic dicarboxylic anhydride. Phthalic anhydride is a colourless to white lustrous solid with a mild distinctive odour.
C8H4O3
Adhesives and sealant chemicals, Electrical and Electronic Products, Production of inks and dyes, Paints and Coatings
1,2-benzenedicarboxylic anhydride, Phthalandione
BASF SE, Dow Chemicals, Lanxess AG, Dow Chemical Company, Avient Corporation, SABIC, Mitsubishi Chemical Corporation
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The commercial production of phthalic anhydride includes the gas-phase oxidation of naphthalene with a mixture of mercuric sulphur and copper sulphate in the presence of sulphuric acid.
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This report presents a detailed cost analysis of maleic anhydride production from benzene.
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