Global Hexahydrophthalic Anhydride HHPA Report Thumbnail

Global Hexahydrophthalic Anhydride HHPA Market by Type (Purity Above 99%, Purity Below 99%), By Application (Coating Resins, Plasticizers, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-12143
  • Author: Up Market Research
  • Rating: 5.0
  • Total Reviews: 67
  • No. Of Pages: 222
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  • Pub. Date: 2021-04-04
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The Global Hexahydrophthalic Anhydride HHPA Market size is expected to grow from about USD 3.5 billion in 2020 to nearly USD 5.3 billion by 2028, at an estimated CAGR of 4.8% during the forecast period 2021-2028. North America will continue to be the largest regional market for hexahydrophthalic anhydride HHPA during the forecast period and is projected to account for over 40% of global demand by 2028. The major growth drivers have increased production capacities, increasing R&D activities, robust end-user industries, and a growing number of new product launches by key players across the globe.

 

Hexahydrophthalic anhydride HHPA is a colorless crystalline powder with the formula CHClO, which has low toxicity and good chemical resistance. It can be prepared by reacting phthalic anhydride with hexamethylene diamine in the presence of heat or strong bases like sodium methoxide (NaOMe) or potassium hydroxide (KOH). The resulting product is usually purified through fractional distillation before use.

The HHPA molecule is primarily used in the production of coatings (e.g., varnishes, paints) and plasticizers for PVC plastics. It's also utilized as a solvent or reactant to make other chemical compounds such as acrylates and polyester-type resins. This compound can be found predominantly in paint removers, lubricating oils, and solvents being developed at this time due to its multiple applications that include agriculture, pharmaceuticals, engineering industries among others.

 

On the basis of Types, the market is segmented into Purity Above 99% and Purity Below 99%.

 

Purity Above 99% Hexahydrophthalic Anhydride:

Hexahydrophthalic Anhydride's purity level exceeds 99% because it contains no water or other chlorine-containing impurities that could react during use in industrial applications.

 

Purity Below 99% Hexahydrophthalic Anhydride:

Purity below 99% is a form of HHPA which has purity in the range from 90.0 to 99%. It can be used for various applications such as coating resins, plasticizers, and others.

 

On the basis of Application, the market is segmented into Coating Resins, Plasticizers, and Others.

 

Coating Resin:

Hexahydrophthalic anhydride HHPA is applied for improving the hardness and solvent-resistance of coatings. Hexahydrophthalic anhydride is also used as a component that imparts acidic, alkaline-resistant properties among thermoplastics including styrene-acrylonitrile (SAN), urethane elastomers, PVC plastics, etc.

 

Plasticizers:

Hexahydrophthalic anhydride is used in the production of plasticizers which are added to polymers for improving their flexibility and durability. The key application of HHPA is as a compounding agent for synthetic rubber, PVC, ABS plastics, acrylics, and epoxy resins. Some other applications include use in oil well drilling fluids, lubricants such as greases and oils.

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market holds the largest share of the Hexahydrophthalic anhydride HHPA Market due to its significant use as a component for making plasticizers that are widely used in construction industries such as PVC pipes, electrical insulation products like cable jacketing, etc.

 

Growth Factors For The Global Hexahydrophthalic Anhydride HHPA Market:

The growth in the global hexahydrophthalic anhydride HHPA market is driven by a number of factors. The need for industry expansion, rising standards of living, and increasing demand from various end-user applications are key driving forces powering this market’s future growth prospects. Other reasons include strong government support, reduced cost owing to technological advancements as well as low penetration levels among consumers coupled with high potential for product diversification.

Increasing the use of HTPA in coatings resins and plasticizers will boost revenue over the forecast period at constant prices (2021 – 2028). This trend is expected to continue given that there are many opportunities to develop products based on this chemical compound which offer superior properties such as heat resistance along with improved gloss and good adhesion.

 


Up Market Research published a new report titled “Hexahydrophthalic Anhydride HHPA Market research report which is segmented by Types (Purity Above 99%, Purity Below 99%), By Applications (Coating Resins, Plasticizers, Other), By Players/Companies Dixie Chemical Company, Polynt, New Japan Chemical, Hefei TNJ Chemical, Alpharm Chemical Technology, Ruiji Chemical, AN YA PLASTICS, Puyang Huicheng Electronic Material”. 

 

Report Scope

Report Attributes Report Details
Report Title Hexahydrophthalic Anhydride HHPA Market Research Report
By Type Purity Above 99%, Purity Below 99%
By Application Coating Resins, Plasticizers, Other
By Companies Dixie Chemical Company, Polynt, New Japan Chemical, Hefei TNJ Chemical, Alpharm Chemical Technology, Ruiji Chemical, AN YA PLASTICS, Puyang Huicheng Electronic Material
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 222
Number of Tables & Figures 156
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Hexahydrophthalic Anhydride HHPA Industry Outlook
 

Global Hexahydrophthalic Anhydride HHPA Market Report Segments:

The market is segmented by Type Purity Above 99%, Purity Below 99% and By Application Coating Resins, Plasticizers, Other.

 

Some of the companies that are profiled in this report are:

  1. Dixie Chemical Company
  2. Polynt
  3. New Japan Chemical
  4. Hefei TNJ Chemical
  5. Alpharm Chemical Technology
  6. Ruiji Chemical
  7. AN YA PLASTICS
  8. Puyang Huicheng Electronic Material
 

Hexahydrophthalic Anhydride HHPA Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Hexahydrophthalic Anhydride HHPA Market
 

Overview of the regional outlook of the Hexahydrophthalic Anhydride HHPA Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Hexahydrophthalic Anhydride HHPA Market Overview
 

Highlights of The Hexahydrophthalic Anhydride HHPA Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Hexahydrophthalic Anhydride HHPA Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Purity Above 99%

                2. Purity Below 99%

       7. By Application:

                1. Coating Resins

                2. Plasticizers

                3. Other

  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 Hexahydrophthalic Anhydride HHPA 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 2028.

 

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

Hexahydrophthalic Anhydride HHPA Market Statistics
 

Reasons to Purchase the Hexahydrophthalic Anhydride HHPA Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hexahydrophthalic Anhydride HHPA Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Hexahydrophthalic Anhydride HHPA Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Hexahydrophthalic Anhydride HHPA Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Hexahydrophthalic Anhydride HHPA Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Hexahydrophthalic Anhydride HHPA Market Size & Forecast, 2018-2028 
      4.5.1 Hexahydrophthalic Anhydride HHPA Market Size and Y-o-Y Growth 
      4.5.2 Hexahydrophthalic Anhydride HHPA Market Absolute $ Opportunity 


Chapter 5 Global Hexahydrophthalic Anhydride HHPA Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Hexahydrophthalic Anhydride HHPA Market Size Forecast by Type
      5.2.1 Purity Above 99%
      5.2.2 Purity Below 99%
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Hexahydrophthalic Anhydride HHPA Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Hexahydrophthalic Anhydride HHPA Market Size Forecast by Applications
      6.2.1 Coating Resins
      6.2.2 Plasticizers
      6.2.3 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Hexahydrophthalic Anhydride HHPA Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Hexahydrophthalic Anhydride HHPA Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Hexahydrophthalic Anhydride HHPA Analysis and Forecast
   9.1 Introduction
   9.2 North America Hexahydrophthalic Anhydride HHPA Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Hexahydrophthalic Anhydride HHPA Market Size Forecast by Type
      9.6.1 Purity Above 99%
      9.6.2 Purity Below 99%
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Hexahydrophthalic Anhydride HHPA Market Size Forecast by Applications
      9.10.1 Coating Resins
      9.10.2 Plasticizers
      9.10.3 Other
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Hexahydrophthalic Anhydride HHPA Analysis and Forecast
   10.1 Introduction
   10.2 Europe Hexahydrophthalic Anhydride HHPA Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Hexahydrophthalic Anhydride HHPA Market Size Forecast by Type
      10.6.1 Purity Above 99%
      10.6.2 Purity Below 99%
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Hexahydrophthalic Anhydride HHPA Market Size Forecast by Applications
      10.10.1 Coating Resins
      10.10.2 Plasticizers
      10.10.3 Other
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Hexahydrophthalic Anhydride HHPA Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Hexahydrophthalic Anhydride HHPA Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Hexahydrophthalic Anhydride HHPA Market Size Forecast by Type
      11.6.1 Purity Above 99%
      11.6.2 Purity Below 99%
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Hexahydrophthalic Anhydride HHPA Market Size Forecast by Applications
      11.10.1 Coating Resins
      11.10.2 Plasticizers
      11.10.3 Other
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Hexahydrophthalic Anhydride HHPA Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Hexahydrophthalic Anhydride HHPA Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Hexahydrophthalic Anhydride HHPA Market Size Forecast by Type
      12.6.1 Purity Above 99%
      12.6.2 Purity Below 99%
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Hexahydrophthalic Anhydride HHPA Market Size Forecast by Applications
      12.10.1 Coating Resins
      12.10.2 Plasticizers
      12.10.3 Other
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Hexahydrophthalic Anhydride HHPA Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Hexahydrophthalic Anhydride HHPA Market Size 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 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Hexahydrophthalic Anhydride HHPA Market Size Forecast by Type
      13.6.1 Purity Above 99%
      13.6.2 Purity Below 99%
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Hexahydrophthalic Anhydride HHPA Market Size Forecast by Applications
      13.10.1 Coating Resins
      13.10.2 Plasticizers
      13.10.3 Other
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Hexahydrophthalic Anhydride HHPA Market: Competitive Dashboard
   14.2 Global Hexahydrophthalic Anhydride HHPA Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Dixie Chemical Company
      14.3.2 Polynt
      14.3.3 New Japan Chemical
      14.3.4 Hefei TNJ Chemical
      14.3.5 Alpharm Chemical Technology
      14.3.6 Ruiji Chemical
      14.3.7 AN YA PLASTICS
      14.3.8 Puyang Huicheng Electronic Material
Segments Covered in the Report
The global Hexahydrophthalic Anhydride HHPA market has been segmented based on

By Types
  • Purity Above 99%
  • Purity Below 99%
By Applications
  • Coating Resins
  • Plasticizers
  • Other
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Dixie Chemical Company
  • Polynt
  • New Japan Chemical
  • Hefei TNJ Chemical
  • Alpharm Chemical Technology
  • Ruiji Chemical
  • AN YA PLASTICS
  • Puyang Huicheng Electronic Material

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