Product Code: ETC088582 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Mexico Phthalic anhydride Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 7.27% in 2025, climbs to a high of 8.01% in 2026, and moderates to 1.12% by 2029.
The Phthalic Anhydride market in Mexico is experiencing robust growth, driven by the expanding chemical and plastics industries. Phthalic anhydride is a key ingredient in the production of plasticizers, resins, and coatings, contributing to its widespread use in various applications. The market is influenced by factors such as urbanization, infrastructure development, and the demand for consumer goods. Both domestic and international players are actively participating in the market, leading to innovation, research, and development to meet the evolving needs of end-users in Mexico.
The Mexico Phthalic Anhydride market is experiencing a surge in demand, primarily propelled by the expanding polymer industry. As phthalic anhydride serves as a key intermediate in the production of various plastics, its demand is closely linked to the growth of industries such as automotive, construction, and packaging. The market is witnessing innovations in sustainable production methods, aligning with the global push towards eco-friendly materials. The versatility of phthalic anhydride in the polymer industry positions it as a critical component, and its market in Mexico is anticipated to witness steady growth in the coming years.
The phthalic anhydride market in Mexico encounters challenges related to environmental regulations and growing awareness regarding its harmful effects on health and the environment. Increasing restrictions on the use of phthalates due to their potential toxicity pose a threat to market growth. Furthermore, volatility in raw material prices, particularly orthoxylene, impacts production costs and pricing strategies. Adapting to sustainable production practices and developing eco-friendly alternatives are essential challenges for market players.
In Mexico, the phthalic anhydride market operates within a regulatory framework aimed at ensuring product quality and environmental protection. Regulations govern the production, storage, transportation, and usage of phthalic anhydride to mitigate health and environmental risks associated with its use. The government monitors emissions from phthalic anhydride production facilities and enforces emissions standards to reduce air and water pollution. Additionally, there are efforts to promote the use of alternative chemicals and sustainable production processes to minimize the reliance on phthalic anhydride.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mexico Phthalic anhydride Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Phthalic anhydride Market Revenues & Volume, 2021 & 2031F |
3.3 Mexico Phthalic anhydride Market - Industry Life Cycle |
3.4 Mexico Phthalic anhydride Market - Porter's Five Forces |
3.5 Mexico Phthalic anhydride Market Revenues & Volume Share, By Process Type, 2021 & 2031F |
3.6 Mexico Phthalic anhydride Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Mexico Phthalic anhydride Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Mexico Phthalic anhydride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in end-use industries such as plastics, paints, and coatings |
4.2.2 Increasing demand for phthalate plasticizers in Mexico |
4.2.3 Technological advancements leading to improved production processes |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use of phthalic anhydride in certain applications |
4.3.2 Fluctuating prices of raw materials such as orthoxylene |
4.3.3 Competition from alternative chemicals in the market |
5 Mexico Phthalic anhydride Market Trends |
6 Mexico Phthalic anhydride Market, By Types |
6.1 Mexico Phthalic anhydride Market, By Process Type |
6.1.1 Overview and Analysis |
6.1.2 Mexico Phthalic anhydride Market Revenues & Volume, By Process Type, 2021-2031F |
6.1.3 Mexico Phthalic anhydride Market Revenues & Volume, By O-Xylene Catalytic Oxidation, 2021-2031F |
6.1.4 Mexico Phthalic anhydride Market Revenues & Volume, By Napthalene Catalytic Oxidation, 2021-2031F |
6.2 Mexico Phthalic anhydride Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Mexico Phthalic anhydride Market Revenues & Volume, By Plasticizer, 2021-2031F |
6.2.3 Mexico Phthalic anhydride Market Revenues & Volume, By Polyester Resin, 2021-2031F |
6.2.4 Mexico Phthalic anhydride Market Revenues & Volume, By Alkyd Resin, 2021-2031F |
6.2.5 Mexico Phthalic anhydride Market Revenues & Volume, By Polyester Polyols, 2021-2031F |
6.2.6 Mexico Phthalic anhydride Market Revenues & Volume, By Dyes, 2021-2031F |
6.2.7 Mexico Phthalic anhydride Market Revenues & Volume, By Medicine, 2021-2031F |
6.2.8 Mexico Phthalic anhydride Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Mexico Phthalic anhydride Market Revenues & Volume, By Others, 2021-2031F |
6.3 Mexico Phthalic anhydride Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Mexico Phthalic anhydride Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.3 Mexico Phthalic anhydride Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.4 Mexico Phthalic anhydride Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.3.5 Mexico Phthalic anhydride Market Revenues & Volume, By Marine, 2021-2031F |
6.3.6 Mexico Phthalic anhydride Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.7 Mexico Phthalic anhydride Market Revenues & Volume, By Plastics, 2021-2031F |
6.3.8 Mexico Phthalic anhydride Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Mexico Phthalic anhydride Market Revenues & Volume, By Others, 2021-2031F |
7 Mexico Phthalic anhydride Market Import-Export Trade Statistics |
7.1 Mexico Phthalic anhydride Market Export to Major Countries |
7.2 Mexico Phthalic anhydride Market Imports from Major Countries |
8 Mexico Phthalic anhydride Market Key Performance Indicators |
8.1 Capacity utilization rate of phthalic anhydride production facilities |
8.2 Adoption rate of phthalic anhydride in new applications |
8.3 Investment in research and development for phthalic anhydride technology improvements |
9 Mexico Phthalic anhydride Market - Opportunity Assessment |
9.1 Mexico Phthalic anhydride Market Opportunity Assessment, By Process Type, 2021 & 2031F |
9.2 Mexico Phthalic anhydride Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Mexico Phthalic anhydride Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Mexico Phthalic anhydride Market - Competitive Landscape |
10.1 Mexico Phthalic anhydride Market Revenue Share, By Companies, 2024 |
10.2 Mexico Phthalic anhydride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |