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Maleic Anhydride Market Report, History and Forecast 2016-2027, Breakdown Data by Manufacturers, Key Regions, Types and Application
Published Date: January 2020
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Report Code: QYRE-Auto-33R424
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Global Maleic Anhydride Market Research Report 2020

Maleic Anhydride Market Report, History and Forecast 2016-2027, Breakdown Data by Manufacturers, Key Regions, Types and Application

Code: QYRE-Auto-33R424
Report
January 2020
134 Pages
QYResearch
Region: Global,
Description
Table of Content
Tables & Figures

Maleic Anhydride Market Statistics 2027

The global Maleic Anhydride market size is projected to reach US$ 4963.6 million by 2027, from US$ 3145.3 million in 2020, at a CAGR of 7.9% during 2021-2027. The growing use of maleic anhydride for the production of several industrial chemicals, such as malic or maleic acid,  lubricating oil additives, alkenyl succinic anhydrides, and fumaric acid.
 
Maleic Anhydride Market
 
Maleic anhydride is a colorless or white solid with an acrid odor. Maleic anhydride is a very versatile molecule that lends itself to many applications requiring a number of properties and functionalities. With three active sites (two carboxyl groups and one double bond), it is an excellent joining and cross linking agent. Its major end use, representing well over half of global demand, is in the manufacture of unsaturated polyester resins, where its cross-linking abilities are important.
 
Huntsman, Lanxess, Polynt, Changhzou Yabang and so on are the major players of maleic anhydride for the time being.

Maleic Anhydride Market: Drivers and Restrains

The growth of the global market for unsaturated polyester resins may also be aided by the expansion of the building and construction industry as a result of the rising global population and lifestyle changes brought about by urbanization. This in turn is expected to drive the growth of which may pull maleic anhydride demand.
 
Furthermore, demand for 1,4 BDO and UPR is increasing as the coatings and polymer industries grow. These two components are needed on a large scale for the production of coatings and polymers and are consequently driving the maleic anhydride market.

Maleic Anhydride Market Size

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
 
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Maleic Anhydride Market: Segment Analysis

Based on application, the Unsaturated polymer resins segment is expected to be the most lucrative during the forecast period. Because of their cost-effectiveness, high performance, and eco-friendliness, these resins are utilized in a variety of industries, including electrical, automotive, marine, and construction.
 
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Maleic Anhydride Market by Type

  • Solid Maleic Anhydride
  • Molten Maleic Anhydride

Maleic Anhydride Market by Application

  • Unsaturated Polyester Resin
  • 1,4-butanediol (BDO)
  • Other

Maleic Anhydride Market by Region Analysis

During the projected period, APAC will hold the highest share of the worldwide maleic anhydride market. This is related to the region's expanding domestic demand, rising income levels, fast industrialization, and urbanization. During the forecast period, APAC is expected to grow at the fastest rate.
 
China is the largest manufacturer of maleic anhydride who accounts for about 57% capacity market share. USA, following China, becomes the second largest one, with 14% capacity market share.
 
The report offers in-depth assessment of the growth and other aspects of the Maleic Anhydride market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
 
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.

Maleic Anhydride Market by Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
 
The major players in the market include Huntsman Corporation, Sasol-Huntsman, Ashland, Polynt, LANXESS, Thirumalai Chemicals Ltd., Flint Hills Resources, BASF, YONGSAN CHEMICALS,INC, DSM, Mitsubishi Chemical, NIPPON SHOKUBAI, Elekeiroz SA, Bartek Ingredients, Korea PTG, CEPSA, MOL Group, Mitsui Chemicals, Changzhou Yabang Chemical, Tianjin Bohua Zhonghe Chemical, Qiaoyou Chemical, Zibo Qixing Tengda Chemical, Zhejiang Jiangshan Chemical, Hongxin Chemical, Shengyuan Group, Jiangyin Shunfei Fine chemical, Jiangsu Zhongteng Chemical, Huanghua Hongcheng Business, Shanxi Hengqiang Chemical, Changzhou Shuguang Chemical, etc.

Frequently Asked Questions About This Report

1. How big is the maleic anhydride market?

Ans. The global maleic anhydride market size is projected to reach USD 4963.6 Million by 2027, from USD 3145.3 Million in 2020.

2. What is the maleic anhydride market growth?

Ans. The global maleic anhydride market is expected to witness a compound annual growth rate of 7.9% during the forecast period 2021-2027

3. Who are the leading players in the maleic anhydride market?

Ans. The major players in the market include Huntsman Corporation, Sasol-Huntsman, Ashland, Polynt, LANXESS, Thirumalai Chemicals Ltd., Flint Hills Resources, BASF, YONGSAN CHEMICALS,INC, DSM, Mitsubishi Chemical, NIPPON SHOKUBAI, Elekeiroz SA, Bartek Ingredients, Korea PTG, CEPSA, MOL Group, Mitsui Chemicals, Changzhou Yabang Chemical, Tianjin Bohua Zhonghe Chemical, Qiaoyou Chemical, Zibo Qixing Teng

4. What factors are influencing the demand of the global maleic anhydride market share?

Ans. The growing use of maleic anhydride for the production of several industrial chemicals, such as malic or maleic acid,  lubricating oil additives, alkenyl succinic anhydrides, and fumaric acid.

Table of Content

List of Tables & Figures

 

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