Maleic Anhydride Market - Trends Forecast Till 2028

Maleic Anhydride Market by Raw Material (n-butane and Benzene), Application (Unsaturated Polyester Resin (UPR), 1,4-butanediol (1,4-BDO), Lubricating Oil Additives, and Copolymers)), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: January, 2022

Base Year Estimate: 2021

Report ID: D-CM-MAM-1085

Format:  

Number of Pages: 388

Domain: Chemicals & Materials

Maleic Anhydride Market – Trends Forecast Till 2028

The Maleic Anhydride market size is projected to reach a CAGR of 4.3% from 2022 to 2028.

Maleic anhydride is a cyclic anhydride of dicarboxylic acid the maleic acid. Maleic anhydride is majorly used for the resin formation and also acts as an allergen. C₂H₂(CO) is the chemical formula of Maleic anhydride.

Growing demand of UPR and lubricating additives in the automotive industry are some of the factors that have supported long-term expansion for Maleic Anhydride Market.

Maleic Anhydride Market Research Analysis
COVID-19 had a negative effect on the market, the fall in the prices of oil along with the supply chain disruption has led the market to witnessed in the growth trend of the market during the first half of 2020.

Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry as because the automation has increased several folds in the region resulting into the expansion of the market in the region.

Maleic Anhydride Measurement Systems Market is segmented into Raw Material, Application and region.

On the basis of Raw Material

  • N-butane
  • Benzene                                                       

On the basis of Application

  • UPR
  • 1,4-BDO
  • Lubricating Oil Additives
  • Copolymers
  • Others

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Maleic Anhydride  Market Primary Respondent

 

Key Players

  • Huntsman International LLC
  • LANXESS AG
  • Ashland Inc.
  • Zibo Qixiang Tengda Chemical
  • Ningbo Jiangning Chemical Co., Ltd.
  • Polynt—Reichhold Group
  • Nippon Shokubai Co., Ltd.
  • Mitsubishi Chemical Corporation
  • Gulf Advanced Chemical Industries Co., Ltd. (GACIC)
  • Global Ispat Koksna Industrija d.o.o. Lukavac (GIKIL)

Recent Developments

  • In July 2020, Polynt-Reichhold Group announced that it would soon come up with 50,000 tons capacity greenfield maleic anhydride plant.
  • In September 2019, Huntsman Corporation completed its acquisition of Sasol-Huntsman maleic anhydride joint venture.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Maleic Anhydride Measurement Systems Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 4.3% during the forecasting period, 2022-2028

Historical Data

2019-2020

Forecast Years

2022-2028

Base Year

2021

Units Considered

Revenue in USD billion and CAGR from 2022 to 2028

Report Segmentation

Raw Material, Application and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Huntsman International LLC, LANXESS AG, Ashland Inc., Zibo Qixiang Tengda Chemical, Ningbo Jiangning Chemical Co., Ltd., Polynt—Reichhold Group, Nippon Shokubai Co., Ltd., Mitsubishi Chemical Corporation, Gulf Advanced Chemical Industries Co., Ltd. (GACIC), and Global Ispat Koksna Industrija d.o.o. Lukavac

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