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.
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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
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Maleic Anhydride Market - By Raw Material
1.3.2 Maleic Anhydride Market - By Application
1.3.3 Maleic Anhydride Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MALEIC ANHYDRIDE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MALEIC ANHYDRIDE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MALEIC ANHYDRIDE MARKET - GLOBAL MARKET ANALYSIS
6.1. MALEIC ANHYDRIDE - GLOBAL MARKET OVERVIEW
6.2. MALEIC ANHYDRIDE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MALEIC ANHYDRIDE MARKET - REVENUE AND FORECASTS TO 2028 - RAW MATERIAL
7.1. OVERVIEW
7.2. RAW MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. BENZENE
7.3.1. Overview
7.3.2. Benzene Market Forecast and Analysis
7.4. BUTANE
7.4.1. Overview
7.4.2. Butane Market Forecast and Analysis
8. MALEIC ANHYDRIDE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. UNSATURATED POLYESTER RESINS (UPR)
8.3.1. Overview
8.3.2. Unsaturated Polyester Resins (UPR) Market Forecast and Analysis
8.4. 1
8.4.1. Overview
8.4.2. 1 Market Forecast and Analysis
8.5. 4-BUTANEDIOL (1
8.5.1. Overview
8.5.2. 4-butanediol (1 Market Forecast and Analysis
8.6. 4-BDO)
8.6.1. Overview
8.6.2. 4-BDO) Market Forecast and Analysis
8.7. LUBRICATING OIL ADDITIVES
8.7.1. Overview
8.7.2. Lubricating Oil Additives Market Forecast and Analysis
8.8. COPOLYMERS
8.8.1. Overview
8.8.2. Copolymers Market Forecast and Analysis
9. MALEIC ANHYDRIDE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Maleic Anhydride Market Overview
9.1.2 North America Maleic Anhydride Market Forecasts and Analysis
9.1.3 North America Maleic Anhydride Market Forecasts and Analysis - By Raw Material
9.1.4 North America Maleic Anhydride Market Forecasts and Analysis - By Application
9.1.5 North America Maleic Anhydride Market Forecasts and Analysis - By Countries
9.1.5.1 United States Maleic Anhydride Market
9.1.5.1.1 United States Maleic Anhydride Market by Raw Material
9.1.5.1.2 United States Maleic Anhydride Market by Application
9.1.5.2 Canada Maleic Anhydride Market
9.1.5.2.1 Canada Maleic Anhydride Market by Raw Material
9.1.5.2.2 Canada Maleic Anhydride Market by Application
9.1.5.3 Mexico Maleic Anhydride Market
9.1.5.3.1 Mexico Maleic Anhydride Market by Raw Material
9.1.5.3.2 Mexico Maleic Anhydride Market by Application
9.2. EUROPE
9.2.1 Europe Maleic Anhydride Market Overview
9.2.2 Europe Maleic Anhydride Market Forecasts and Analysis
9.2.3 Europe Maleic Anhydride Market Forecasts and Analysis - By Raw Material
9.2.4 Europe Maleic Anhydride Market Forecasts and Analysis - By Application
9.2.5 Europe Maleic Anhydride Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Maleic Anhydride Market
9.2.5.1.1 Germany Maleic Anhydride Market by Raw Material
9.2.5.1.2 Germany Maleic Anhydride Market by Application
9.2.5.2 France Maleic Anhydride Market
9.2.5.2.1 France Maleic Anhydride Market by Raw Material
9.2.5.2.2 France Maleic Anhydride Market by Application
9.2.5.3 Italy Maleic Anhydride Market
9.2.5.3.1 Italy Maleic Anhydride Market by Raw Material
9.2.5.3.2 Italy Maleic Anhydride Market by Application
9.2.5.4 United Kingdom Maleic Anhydride Market
9.2.5.4.1 United Kingdom Maleic Anhydride Market by Raw Material
9.2.5.4.2 United Kingdom Maleic Anhydride Market by Application
9.2.5.5 Russia Maleic Anhydride Market
9.2.5.5.1 Russia Maleic Anhydride Market by Raw Material
9.2.5.5.2 Russia Maleic Anhydride Market by Application
9.2.5.6 Rest of Europe Maleic Anhydride Market
9.2.5.6.1 Rest of Europe Maleic Anhydride Market by Raw Material
9.2.5.6.2 Rest of Europe Maleic Anhydride Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Maleic Anhydride Market Overview
9.3.2 Asia-Pacific Maleic Anhydride Market Forecasts and Analysis
9.3.3 Asia-Pacific Maleic Anhydride Market Forecasts and Analysis - By Raw Material
9.3.4 Asia-Pacific Maleic Anhydride Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Maleic Anhydride Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Maleic Anhydride Market
9.3.5.1.1 Australia Maleic Anhydride Market by Raw Material
9.3.5.1.2 Australia Maleic Anhydride Market by Application
9.3.5.2 China Maleic Anhydride Market
9.3.5.2.1 China Maleic Anhydride Market by Raw Material
9.3.5.2.2 China Maleic Anhydride Market by Application
9.3.5.3 India Maleic Anhydride Market
9.3.5.3.1 India Maleic Anhydride Market by Raw Material
9.3.5.3.2 India Maleic Anhydride Market by Application
9.3.5.4 Japan Maleic Anhydride Market
9.3.5.4.1 Japan Maleic Anhydride Market by Raw Material
9.3.5.4.2 Japan Maleic Anhydride Market by Application
9.3.5.5 South Korea Maleic Anhydride Market
9.3.5.5.1 South Korea Maleic Anhydride Market by Raw Material
9.3.5.5.2 South Korea Maleic Anhydride Market by Application
9.3.5.6 Rest of Asia-Pacific Maleic Anhydride Market
9.3.5.6.1 Rest of Asia-Pacific Maleic Anhydride Market by Raw Material
9.3.5.6.2 Rest of Asia-Pacific Maleic Anhydride Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Maleic Anhydride Market Overview
9.4.2 Middle East and Africa Maleic Anhydride Market Forecasts and Analysis
9.4.3 Middle East and Africa Maleic Anhydride Market Forecasts and Analysis - By Raw Material
9.4.4 Middle East and Africa Maleic Anhydride Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Maleic Anhydride Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Maleic Anhydride Market
9.4.5.1.1 South Africa Maleic Anhydride Market by Raw Material
9.4.5.1.2 South Africa Maleic Anhydride Market by Application
9.4.5.2 Saudi Arabia Maleic Anhydride Market
9.4.5.2.1 Saudi Arabia Maleic Anhydride Market by Raw Material
9.4.5.2.2 Saudi Arabia Maleic Anhydride Market by Application
9.4.5.3 U.A.E Maleic Anhydride Market
9.4.5.3.1 U.A.E Maleic Anhydride Market by Raw Material
9.4.5.3.2 U.A.E Maleic Anhydride Market by Application
9.4.5.4 Rest of Middle East and Africa Maleic Anhydride Market
9.4.5.4.1 Rest of Middle East and Africa Maleic Anhydride Market by Raw Material
9.4.5.4.2 Rest of Middle East and Africa Maleic Anhydride Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Maleic Anhydride Market Overview
9.5.2 South and Central America Maleic Anhydride Market Forecasts and Analysis
9.5.3 South and Central America Maleic Anhydride Market Forecasts and Analysis - By Raw Material
9.5.4 South and Central America Maleic Anhydride Market Forecasts and Analysis - By Application
9.5.5 South and Central America Maleic Anhydride Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Maleic Anhydride Market
9.5.5.1.1 Brazil Maleic Anhydride Market by Raw Material
9.5.5.1.2 Brazil Maleic Anhydride Market by Application
9.5.5.2 Argentina Maleic Anhydride Market
9.5.5.2.1 Argentina Maleic Anhydride Market by Raw Material
9.5.5.2.2 Argentina Maleic Anhydride Market by Application
9.5.5.3 Rest of South and Central America Maleic Anhydride Market
9.5.5.3.1 Rest of South and Central America Maleic Anhydride Market by Raw Material
9.5.5.3.2 Rest of South and Central America Maleic Anhydride Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MALEIC ANHYDRIDE MARKET, KEY COMPANY PROFILES
11.1. HUNTSMAN INTERNATIONAL LLC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. MITSUBISHI CHEMICAL CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. LANXESS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. POLYNT
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. YONGSAN CHEMICALS, INC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. RUSE CHEMICALS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NIPPON SHOKUBAI CO., LTD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SHIJIAZHUANG BAILONG CHEMICAL CO.,LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. NINGBO JIANGNING CHEMICAL CO. LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. MOL GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Huntsman International LLC
2. Mitsubishi Chemical Corporation
3. LANXESS
4. Polynt
5. YONGSAN CHEMICALS, INC
6. Ruse Chemicals
7. NIPPON SHOKUBAI CO., LTD
8. Shijiazhuang Bailong Chemical Co.,Ltd
9. Ningbo Jiangning Chemical Co. Ltd.
10. MOL Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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