Phthalonitriles (PN) are a relative new class of commercial high performance engineering thermosets.1 The resins can be prepared by nitro-displacement of nitro-phthalonitriles with phenoxyphenols in the presence of a base. The resulting resins are typically cured with amine curing agents such as 1,3-bis(3-aminophenoxy)-benzene (m-APB) at temperatures between 200 and 300 °C which leads to the formation of triazine and phthalocyanine structures.
Market Analysis and Insights: Global Phthalonitriles Market
Due to the COVID-19 pandemic, the global Phthalonitriles market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Pharmaceutical Grade accounting for % of the Phthalonitriles global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Transportation segment is altered to an % CAGR throughout this forecast period.
China Phthalonitriles market size is valued at US$ million in 2021, while the US and Europe Phthalonitriles are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Phthalonitriles landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Phthalonitriles include Itecma, Renegade Materials, NRL Group, AB Enterprises, Avoms Biotech, Shiv Chemical, Chemwill Asia, Haihang Industry and Xiamen Amoy Chem. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Phthalonitriles capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Phthalonitriles by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Phthalonitriles Scope and Segment
Phthalonitriles market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Phthalonitriles market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Pharmaceutical Grade
Industrial Grade
Others
Segment by Application
Transportation
Construction Industry
Chemical Industry
Medical Industry
Others
By Company
Itecma
Renegade Materials
NRL Group
AB Enterprises
Avoms Biotech
Shiv Chemical
Chemwill Asia
Haihang Industry
Xiamen Amoy Chem
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE