In Germany, companies believe in expansions and develop their phthalic anhydride market in Europe. In November 2012, Proviron Basics Chemicals (Belgium) had technologically advanced the manufacturing facility to manufacture phthalic anhydride. The technological advancement is believed to have helped Proviron provide new technology to the phthalic anhydride market. Moreover, technological advancements increased the production capacity and expanded the product portfolio of the company.
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In addition to this, the rising awareness has led to an increase in the consumption of phthalic based plasticizers. Moreover, the government is also supporting the use of phthalic-based plasticizers, which also is the root cause for the high demand of the same from various industries in Europe.
An in-depth profiling of key players has been conducted, along with their recent developments (including new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the European phthalic anhydride market.
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BASF SE (Germany), Exxon Mobil Corporation (U.S.), Lanxess (Germany), Polynt SpA (Italy), Proviron Basic Chemicals (Belgium), Slovnaft (Slovakia), and among others.
