Maleic Anhydride Market Size, Growth, Industry Analysis, Forecast 2028

MARKET INTRODUCTION

Maleic anhydride is an organic compound and is anhydride of the simplest unsaturated dihydric carboxylic acid. Maleic anhydride is a white, aromatic, crystalline, highly hygroscopic substance which is a water soluble. It is mainly used to produce unsaturated polyester resins (UPR). Maleic anhydride can also be used in the production of lubricants, food additives, water treatment chemicals, detergents, pharmaceuticals and copolymers, chemical preparation etc.

MARKET DYNAMICS

There is growing demand for unsaturated polyester resins (UPR), which is creating demand for maleic anhydride market. There is increasing applicability of unsaturated polyester resins in various industry verticals due to its properties, which in turn helping for the growth of the maleic anhydride market. The growing automotive and construction industry are expected to provide more growth opportunities in coming years. However, market growth may get hamper due to growing government regulations.

MARKET SCOPE

The "Global Maleic Anhydride Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the maleic anhydride market with detailed market segmentation by raw material and application. The global maleic anhydride market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading maleic anhydride market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global maleic anhydride market is segmented into raw material and application. By raw material, the maleic anhydride market is classified into benzene and butane. By application, the maleic anhydride market is classified into Unsaturated Polyester Resins (UPR), 1,4-butanediol (1,4-BDO), lubricating oil additives, and copolymers.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global maleic anhydride market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The maleic anhydride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

BThe report analyzes factors affecting the maleic anhydride market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the maleic anhydride market in these regions.

MARKET PLAYERS

The report covers vital developments in the maleic anhydride market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the maleic anhydride market are anticipated to lucrative growth opportunities in the future with the rising demand for maleic anhydride in the global market. Below mentioned is the list of few companies engaged in the maleic anhydride market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the maleic anhydride market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

- Huntsman International LLC

- Mitsubishi Chemical Corporation

- LANXESS

- Polynt

- YONGSAN CHEMICALS, INC

- Ruse Chemicals

- NIPPON SHOKUBAI CO., LTD

- Shijiazhuang Bailong Chemical Co.,Ltd

- Ningbo Jiangning Chemical Co. Ltd.

- MOL Group

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