Phthalic Anhydride Market Growth, Share, Trend, Forecast, & Industry Analysis: 2020-2025

Phthalic anhydride market is likely to witness an impressive CAGR of 5.2% during the forecast period. Phthalic Anhydride is a crystalline compound that is prepared by the oxidization of naphthalene. The compound can act as an intermediate in the process of manufacturing resins, dyes, and plastics. This crystalline compound is mainly a colorless with needle-like structure but at times can appear to be a lustrous white solid. It has a mild odor and is toxic in nature.