Reports
Sale
Global Maleic Anhydride Market Size, Trends, Analysis: By Product Type: Unsaturated Polyester Resin, BDO (Butanediol), Lubricant Additives, Maleic Anhydride Copolymers, Malic Acid, Furmaric Acid, Alkyl Succinic Anhydrides, Surfactants and Plasticisers, Others; By End Use Industry; Regional Analysis; Competitive Landscape; 2024-2032
Global Maleic Anhydride Market Outlook
The global maleic anhydride market attained a value of about USD 3.39 billion in 2023. The market is further expected to grow at a CAGR of 4.9% during the forecast period of 2024-2032 to reach approximately USD 5.24 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Robust Demand for Unsaturated Polyester Resins (UPR) from Construction and Automobile Sector to Augment Market Growth
The global market for maleic anhydride is being driven by the robust production of unsaturated polyester resins (UPR) due to rising demand from the construction and automotive sectors. Owing to cost-effectiveness, high-performance, and eco-friendly characteristics associated with UPR, the market is witnessing growth from its applications in various end-use sectors. With a rise in disposable incomes owing to growth in the working population, the demand for automobiles is increasing.
The UPR is used as a lubricant in automobiles; therefore, the rising demand for automobiles is augmenting the market growth for UPR. Additionally, favourable physical properties like lightweight, high-tensile strength, anti-corrosive properties are leveraging the application of UPRs in lightweight automobile manufacturing. In addition, the application of UPR gives a smooth surface to the vehicles, provides excellent fixing characteristics for the paint, thereby increasing the durability of the applied coat. Furthermore, UPRs are also applied in the production of bumpers, doors, roofs, and interiors of the vehicles, thereby providing impetus to market growth.
Moreover, rapid development in construction projects owing to industrialisation in emerging economies like India and China is boosting the demand for UPR from the Asia Pacific region, further contributing to the overall market for maleic anhydride. Significant deployment of UPR in manufacturing high-quality bathroom fittings for the anti-corrosive properties of UPR is bolstering the market growth. In addition, due to their stable structures, UPRs display good mechanical properties, and excellent thermal stability making them ideal for composite building material, consequently augmenting the market growth of maleic anhydride.
Maleic Anhydride: Market Segmentation
Maleic anhydride is an organic chemical intermediate that appears as colourless, crystalline needles, flakes, pellets, rods, or lumps and used to manufacture various agricultural chemicals, and unsaturated polyester resins (UPR) in automobiles, electrical appliances, and boats, among others.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The market, on the basis of product type, can be divided into:
- Unsaturated Polyester Resin
- BDO (Butanediol)
- Lubricant Additives
- Maleic Anhydride Copolymers
- Malic Acid
- Furmaric Acid
- Alkyl Succinic Anhydrides
- Surfactants and Plasticisers
- Others
Based on end use industry, the market can be segmented into:
- Construction
- Automobile
- Food and Beverage
- Oil Products
- Electronics
- Personal Care
- Pharmaceuticals
- Agriculture
The EMR report looks into the regional markets of maleic anhydride like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Rising Applications of Maleic Anhydride in Personal Care Products to Augment the Market Growth
Due to factors, such as innovations in personal care products and inflating consumer incomes, the market players are deploying maleic anhydride and its derivatives as significant ingredients in the cosmetic products, which is driving the overall market growth of maleic anhydride globally. Maleic anhydride is used in a variety of personal care products. In hair-care applications, copolymers containing maleic anhydride are widely found in hair sprays and gel for hair fixing and styling, making the hair resistant to high humidity. In addition, maleic anhydride components act as rheology modifiers to sustain the texture of skin care products, providing better texture and ease in application. Furthermore, owing to the rising market demand for sustainable personal care products, the growth of the industry can be attributed to its excellent environment-friendly properties, as the chemical is derived from biomass. Hence, due to the favourable properties of maleic anhydride, it is widely deployed in personal care products, which is significantly contributing to the industry growth.
Key Industry Players in the Global Maleic Anhydride Market
The report presents a detailed analysis of the following key players in the global maleic anhydride market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions.
- Huntsman International LLC
- Shandong Hongxin Chemical Co. Ltd
- Helm AG
- Mitsubishi Chemical Corporation
- Ningbo Jiangning Chemical Co. Ltd
- Others
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by End Use Industry |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Maleic Anhydride Market Analysis
8.1 Key Industry Highlights
8.2 Global Maleic Anhydride Historical Market (2018-2023)
8.3 Global Maleic Anhydride Market Forecast (2024-2032)
8.4 Global Maleic Anhydride Market by Product Type
8.4.1 Unsaturated Polyester Resin
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 BDO (Butanediol)
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Lubricant Additives
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Maleic Anhydride Copolymers
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Malic Acid
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Furmaric Acid
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Alkyl Succinic Anhydrides
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Surfactants and Plasticisers
8.4.8.1 Historical Trend (2018-2023)
8.4.8.2 Forecast Trend (2024-2032)
8.4.9 Others
8.5 Global Maleic Anhydride Market by End Use Industry
8.5.1 Construction
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Automobile
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Food and Beverage
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Oil Products
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Electronics
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Personal Care
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Pharmaceuticals
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.8 Agriculture
8.5.8.1 Historical Trend (2018-2023)
8.5.8.2 Forecast Trend (2024-2032)
8.6 Global Maleic Anhydride Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Maleic Anhydride Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Maleic Anhydride Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Maleic Anhydride Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Maleic Anhydride Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Maleic Anhydride Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Huntsman International LLC
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Shandong Hongxin Chemical Co. Ltd
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Helm AG
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Mitsubishi Chemical Corporation
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Ningbo Jiangning Chemical Co. Ltd
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Maleic Anhydride Market: Key Industry Highlights, 2018 and 2032
2. Global Maleic Anhydride Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3. Global Maleic Anhydride Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4. Global Maleic Anhydride Historical Market: Breakup by End Use Industry (USD Billion), 2018-2023
5. Global Maleic Anhydride Market Forecast: Breakup by End Use Industry (USD Billion), 2024-2032
6. Global Maleic Anhydride Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Maleic Anhydride Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Maleic Anhydride Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Maleic Anhydride Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Maleic Anhydride Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Maleic Anhydride Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Maleic Anhydride Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Maleic Anhydride Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Maleic Anhydride Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Maleic Anhydride Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Maleic Anhydride Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Maleic Anhydride Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Maleic Anhydride Market Structure
Key Questions Answered in the Report
The global maleic anhydride market attained a value of nearly USD 3.39 billion in 2023.
The market is projected to grow at a CAGR of 4.9% in the forecast period of 2024-2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach about USD 5.24 billion by 2032.
The market is being driven by the robust demand for unsaturated polyester resin (UPR) owing to its heightened demand from construction and automobile sector and the rising demand for lubricating oil additives.
The key trends of the market include the deployment of maleic anhydride and its derivatives in personal care products owing to its sustainable properties and growing use of bio-based maleic anhydride.
The major regional markets for maleic anhydride are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The different product types of maleic anhydride are unsaturated polyester resin, BDO (butanediol), lubricant additives, maleic anhydride copolymers, malic acid, furmaric acid, alkyl succinic anhydrides, and surfactants and plasticisers, among others.
The significant end use industries of maleic anhydride are construction, automobile, food and beverage, oil products, electronics, personal care, pharmaceuticals, and agriculture.
The key players in the global maleic anhydride market are Huntsman International LLC, Shandong Hongxin Chemical Co. Ltd, Helm AG, Mitsubishi Chemical Corporation, and Ningbo Jiangning Chemical Co. Ltd, among others.
Analyst Review
The global maleic anhydride market attained a value of about USD 3.39 billion in 2023, driven by the rising demand for unsaturated polyester resins. Aided by the growing applications in personal care products, the market is expected to grow at a CAGR of 4.9% in the forecast period of 2024-2032 to reach nearly USD 5.24 billion by 2032.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. The market, on the basis of product, can be segmented into unsaturated polyester resin, BDO (butanediol), lubricant additives, maleic anhydride copolymers, malic acid, furmaric acid, alkyl succinic anhydrides, and surfactants and plasticisers, among others. Based on end use industry, the market can be categorised into construction, automobile, food and beverage, oil products, electronics, personal care, pharmaceuticals, and agriculture. The major regional markets for maleic anhydride are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. They key players in the industry are Huntsman International LLC, Shandong Hongxin Chemical Co. Ltd, Helm AG, Mitsubishi Chemical Corporation, and Ningbo Jiangning Chemical Co. Ltd, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER