PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1629710
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1629710
Maleic Anhydride Market, By Raw Material, By Application (Unsaturated polyester resins, 1,4-butanediol, Additives, Copolymers, and Others), By Geography
The global maleic anhydride market is estimated to be valued at USD 4.56 Bn in 2024. The market is expected to reach USD 6.68 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 4.56 Bn |
| Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
| Forecast Period 2024 to 2031 CAGR: | 5.60% | 2031 Value Projection: | US$ 6.68 Bn |
Maleic anhydride is an organic compound which is widely used as a precursor in various industrial applications across different industries. It finds applications in unsaturated polyester resins, copolymers, lubricant additives, and surfactants among others. Due to its versatile functional properties and growing industrial applications, the demand for maleic anhydride has witnessed an increase. The growth of end-use industries and rising consumption of products made from maleic anhydride in regions such as Asia Pacific are expected to drive the market growth during the forecast period. However, fluctuations in crude oil prices remain a key challenge.
Market Dynamics:
The global maleic anhydride market is witnessing a steady growth owing to factors such as growing construction industry, rising demand for unsaturated polyester resins from industries such as automotive and transportation as well as increasing penetration of copolymers made from maleic anhydride in various applications. However, volatility in crude oil prices which is a key raw material for the production of maleic anhydride, poses a challenge to market growth. Market players are exploring new production technologies to reduce dependency on crude oil. Asia Pacific remains the leading and the fastest growing regional market propelled by rapid industrialization, growing construction activities, and rising per capita income in countries such as China and India.
Key Features of the Study:
This report provides in-depth analysis of the global maleic anhydride market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global maleic anhydride market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Huntsman Corporation, Ashland Global Holdings Inc., BASF SE, Mitsubishi Chemical Corporation, LyondellBasell Industries N.V., DIC Corporation, Kraton Corporation, LANXESS AG, Polynt S.p.A., Koninklijke DSM N.V., Wacker Chemie AG, Eni S.p.A., Godavari Biorefineries Ltd., Nizhnekamskneftekhim, and GAIL (India) Limited
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global maleic anhydride market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global maleic anhydride market
Market Segmentation
- Raw Material Insights (Revenue, USD Bn, 2019 - 2031)
- n-butane
- Benzene
- Application Insights (Revenue, USD Bn, 2019 - 2031)
- Unsaturated polyester resins (UPR)
- 1,4-butanediol (BDO)
- Additives (Lubricants and Oil)
- Copolymers
- Others
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Huntsman Corporation
- Ashland Global Holdings Inc.
- BASF SE
- Mitsubishi Chemical Corporation
- LyondellBasell Industries N.V.
- DIC Corporation
- Kraton Corporation
- LANXESS AG
- Polynt S.p.A.
- Koninklijke DSM N.V.
- Wacker Chemie AG
- Eni S.p.A.
- Godavari Biorefineries Ltd.
- Nizhnekamskneftekhim
- GAIL (India) Limited
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Maleic Anhydride Market, By Raw Material
- Global Maleic Anhydride Market, By Application
- Global Maleic Anhydride Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Maleic Anhydride Market, By Raw Material, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- n-butane
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Benzene
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Global Maleic Anhydride Market, By Application, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Unsaturated polyester resins (UPR)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- 1,4-butanediol (BDO)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Additives (Lubricants and Oil)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Copolymers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Maleic Anhydride Market, By Region, 2019 - 2031, Value (USD Bn)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, Value (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Raw Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Raw Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Raw Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Raw Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Raw Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Raw Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, Value (USD Bn)
- South Africa
- North Africa
- Central Africa
7. Competitive Landscape
- Huntsman Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Ashland Global Holdings Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BASF SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Mitsubishi Chemical Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- LyondellBasell Industries N.V.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- DIC Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Kraton Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- LANXESS AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Polynt S.p.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Koninklijke DSM N.V.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Wacker Chemie AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Eni S.p.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Godavari Biorefineries Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Nizhnekamskneftekhim
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- GAIL (India) Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
8. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
9. References and Research Methodology
- References
- Research Methodology
- About us
