Worldwide Phthalic Anhydride Derivatives Industry to 2026 - Construction Sector to Dominate the Market - ResearchAndMarkets.com
In recent years, the country's building sector has experienced huge investments.\nFurthermore, in Japan, in 2019, a sudden rise in residential construction and projects related to the Tokyo Olympics 2020 prompted the growth of the construction industry during 2019.
- In recent years, the country's building sector has experienced huge investments.\nFurthermore, in Japan, in 2019, a sudden rise in residential construction and projects related to the Tokyo Olympics 2020 prompted the growth of the construction industry during 2019.
- However, with the outbreak of corona virus, the Tokyo Olympics is further postponed to 2021.\nIn addition, China is the world's biggest consumer of plastics.
- With the growing packaging and industrial industries in the country, demand for plastics is projected to increase.
- Because of these factors, demand for plasticizers is expected to increase in China, which, in turn, is expected to increase demand for phthalic anhydride used in plasticizers.\nHence, all such market trends are expected to drive the demand for phthalic anhydride derivatives market in the region during the forecast period.\n"