PUBLISHER: KBV Research | PRODUCT CODE: 1484356
PUBLISHER: KBV Research | PRODUCT CODE: 1484356
Europe Maleic Anhydride Market Size, Share & Trends Analysis Report By Raw Material (N-Butane and Benzene), By Application, By Country and Growth Forecast, 2024 - 2031
The Europe Maleic Anhydride Market would witness market growth of 3.6% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 584.0 Kilo Tonnes, showcasing a growth of 18.6% (2020-2023).
Copolymers incorporating Maleic Anhydride (MAH) find extensive applications across various industries due to their versatile properties and functionalities. In the automotive sector, MAH copolymers are widely utilized as compatibilizers in the production of thermoplastic materials, enhancing adhesion between dissimilar polymers and improving the mechanical properties of composite materials used in interior and exterior automotive components. Therefore, the Spain market used 4.40 Kilo Tonnes of maleic anhydride as copolymers in 2023.
The Germany market dominated the Europe Maleic Anhydride Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $274.3 million by 2031. The UK market is exhibiting a CAGR of 2.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 4.4% during (2024 - 2031).
Maleic anhydride (C4H2O3) is a white crystalline solid that is highly reactive and widely used in various industrial applications. It is produced through the oxidation of benzene or butane and is a versatile chemical intermediate with diverse uses across several industries. For instance, it is a crucial raw material in producing unsaturated polyester resins (UPRs). These resins are widely used to manufacture fiberglass-reinforced plastics (FRP) for automotive parts, marine components, construction materials, and consumer goods applications. UPRs offer excellent mechanical properties, including high strength, durability, and corrosion resistance, making them suitable for various industrial and commercial applications.
Furthermore, maleic anhydride is a key intermediate in synthesizing 1,4-butanediol (BDO), a versatile chemical compound used to produce plastics, polyurethanes, solvents, and pharmaceuticals. BDO is utilized in manufacturing engineering plastics, elastomers, polyurethane foams, fibers, and applications such as automotive coatings, textiles, and personal care products. In addition, maleic anhydride is employed in producing alkyd resins, which are widely used in coatings, paints, adhesives, and surface coatings applications.
The growth of the pharmaceutical industry in Belgium can stimulate market growth for maleic anhydride by creating opportunities for suppliers and manufacturers. With expanding production capacities and research activities in the pharmaceutical sector, there may be a higher demand for maleic anhydride-derived chemicals for pharmaceutical formulations and applications.
As per the International Trade Administration (ITA), Belgium's pharmaceutical industry spends $1.64 billion (€1.5 billion) on R&D annually, equivalent to 40 percent of all private investment made in Belgium. As a result, Belgium is home to 29 of the world's top 30 pharmaceutical companies. Moreover, as the pharmaceutical industry in Belgium expands, there may be an increased demand for pharmaceutical intermediates, including maleic anhydride and its derivatives. Maleic anhydride is a precursor in synthesizing active pharmaceutical ingredients (APIs) and drug delivery systems, making it essential for pharmaceutical manufacturing.
Based on Raw Material, the market is segmented into N-Butane and Benzene. Based on Application, the market is segmented into Unsaturated Polyester Resins (UPR), 1,4-butanediol (BDO), Lubricating Oil Additives, Copolymers and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Huntsman Corporation
- Mitsubishi Chemical Holdings Corporation
- Lanxess AG
- Nan Ya Plastics Corp. (NPC)
- Nippon Shokubai Co., Ltd.
- IG Petrochemicals Limited (IGPL)
- China National BlueStar (Group) Co, Ltd. (China National Chemical Corporation)
- Yongsan Chemical Co., Ltd.
- Aekyung Chemical Co., Ltd. (AK Holdings Co., Ltd.)
- Ningbo Jiangning Chemical Co., Ltd. (Zhejiang Jiangshan Chemical Co., Ltd.)
Europe Maleic Anhydride Market Report Segmentation
By Raw Material (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- N-Butane
- Benzene
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Unsaturated Polyester Resins (UPR)
- 1,4-butanediol (BDO)
- Lubricating Oil Additives
- Copolymers
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Europe Maleic Anhydride Market, by Raw Material
- 1.4.2Europe Maleic Anhydride Market, by Application
- 1.4.3Europe Maleic Anhydride Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 5.Europe Maleic Anhydride Market by Raw Material
- 5.1Europe N-Butane Market by Country
- 5.2Europe Benzene Market by Country
Chapter 6.Europe Maleic Anhydride Market by Application
- 6.1Europe Unsaturated Polyester Resins (UPR) Market by Country
- 6.2Europe 1,4-butanediol (BDO) Market by Country
- 6.3Europe Lubricating Oil Additives Market by Country
- 6.4Europe Copolymers Market by Country
- 6.5Europe Others Market by Country
Chapter 7.Europe Maleic Anhydride Market by Country
- 7.1Germany Maleic Anhydride Market
- 7.1.1Germany Maleic Anhydride Market by Raw Material
- 7.1.2Germany Maleic Anhydride Market by Application
- 7.2UK Maleic Anhydride Market
- 7.2.1UK Maleic Anhydride Market by Raw Material
- 7.2.2UK Maleic Anhydride Market by Application
- 7.3France Maleic Anhydride Market
- 7.3.1France Maleic Anhydride Market by Raw Material
- 7.3.2France Maleic Anhydride Market by Application
- 7.4Russia Maleic Anhydride Market
- 7.4.1Russia Maleic Anhydride Market by Raw Material
- 7.4.2Russia Maleic Anhydride Market by Application
- 7.5Spain Maleic Anhydride Market
- 7.5.1Spain Maleic Anhydride Market by Raw Material
- 7.5.2Spain Maleic Anhydride Market by Application
- 7.6Italy Maleic Anhydride Market
- 7.6.1Italy Maleic Anhydride Market by Raw Material
- 7.6.2Italy Maleic Anhydride Market by Application
- 7.7Rest of Europe Maleic Anhydride Market
- 7.7.1Rest of Europe Maleic Anhydride Market by Raw Material
- 7.7.2Rest of Europe Maleic Anhydride Market by Application
Chapter 8.Company Profiles
- 8.1Huntsman Corporation
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Segment and Regional Analysis
- 8.1.4Research & Development Expense
- 8.1.5SWOT Analysis
- 8.2Mitsubishi Chemical Holdings Corporation
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental Analysis
- 8.2.4Research & Development Expense
- 8.2.5SWOT Analysis
- 8.3Lanxess AG
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Research & Development Expenses
- 8.3.5SWOT Analysis
- 8.4Nan Ya Plastics Corp. (NPC)
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Segmental and Regional Analysis
- 8.4.4SWOT Analysis
- 8.5Nippon Shokubai Co., Ltd.
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Recent strategies and developments:
- 8.5.4.1Business Expansions:
- 8.5.5SWOT Analysis
- 8.6IG Petrochemicals Limited (IGPL)
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Regional Analysis
- 8.6.4Research & Development Expenses
- 8.6.5SWOT Analysis
- 8.7China National BlueStar (Group) Co, Ltd. (China National Chemical Corporation)
- 8.7.1Company Overview
- 8.7.2SWOT Analysis
- 8.8Yongsan Chemical Co., Ltd.
- 8.8.1Company Overview
- 8.8.2SWOT Analysis
- 8.9Aekyung Chemical Co., Ltd. (AK Holdings Co., Ltd.)
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3SWOT Analysis
- 8.10.Ningbo Jiangning Chemical Co., Ltd. (Zhejiang Jiangshan Chemical Co., Ltd.)
- 8.10.1Company Overview
- 8.10.2SWOT Analysis
LIST OF TABLES
- TABLE 1Europe Maleic Anhydride Market, 2020 - 2023, USD Million
- TABLE 2Europe Maleic Anhydride Market, 2024 - 2031, USD Million
- TABLE 3Europe Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
- TABLE 4Europe Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
- TABLE 5Europe Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
- TABLE 6Europe Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
- TABLE 7Europe Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
- TABLE 8Europe Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
- TABLE 9Europe N-Butane Market by Country, 2020 - 2023, USD Million
- TABLE 10Europe N-Butane Market by Country, 2024 - 2031, USD Million
- TABLE 11Europe N-Butane Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 12Europe N-Butane Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 13Europe Benzene Market by Country, 2020 - 2023, USD Million
- TABLE 14Europe Benzene Market by Country, 2024 - 2031, USD Million
- TABLE 15Europe Benzene Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 16Europe Benzene Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 17Europe Maleic Anhydride Market by Application, 2020 - 2023, USD Million
- TABLE 18Europe Maleic Anhydride Market by Application, 2024 - 2031, USD Million
- TABLE 19Europe Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 20Europe Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 21Europe Unsaturated Polyester Resins (UPR) Market by Country, 2020 - 2023, USD Million
- TABLE 22Europe Unsaturated Polyester Resins (UPR) Market by Country, 2024 - 2031, USD Million
- TABLE 23Europe Unsaturated Polyester Resins (UPR) Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 24Europe Unsaturated Polyester Resins (UPR) Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 25Europe 1,4-butanediol (BDO) Market by Country, 2020 - 2023, USD Million
- TABLE 26Europe 1,4-butanediol (BDO) Market by Country, 2024 - 2031, USD Million
- TABLE 27Europe 1,4-butanediol (BDO) Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 28Europe 1,4-butanediol (BDO) Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 29Europe Lubricating Oil Additives Market by Country, 2020 - 2023, USD Million
- TABLE 30Europe Lubricating Oil Additives Market by Country, 2024 - 2031, USD Million
- TABLE 31Europe Lubricating Oil Additives Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 32Europe Lubricating Oil Additives Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 33Europe Copolymers Market by Country, 2020 - 2023, USD Million
- TABLE 34Europe Copolymers Market by Country, 2024 - 2031, USD Million
- TABLE 35Europe Copolymers Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 36Europe Copolymers Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 37Europe Others Market by Country, 2020 - 2023, USD Million
- TABLE 38Europe Others Market by Country, 2024 - 2031, USD Million
- TABLE 39Europe Others Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 40Europe Others Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 41Europe Maleic Anhydride Market by Country, 2020 - 2023, USD Million
- TABLE 42Europe Maleic Anhydride Market by Country, 2024 - 2031, USD Million
- TABLE 43Europe Maleic Anhydride Market by Country, 2020 - 2023, Kilo Tonnes
- TABLE 44Europe Maleic Anhydride Market by Country, 2024 - 2031, Kilo Tonnes
- TABLE 45Germany Maleic Anhydride Market, 2020 - 2023, USD Million
- TABLE 46Germany Maleic Anhydride Market, 2024 - 2031, USD Million
- TABLE 47Germany Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
- TABLE 48Germany Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
- TABLE 49Germany Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
- TABLE 50Germany Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
- TABLE 51Germany Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
- TABLE 52Germany Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
- TABLE 53Germany Maleic Anhydride Market by Application, 2020 - 2023, USD Million
- TABLE 54Germany Maleic Anhydride Market by Application, 2024 - 2031, USD Million
- TABLE 55Germany Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 56Germany Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 57UK Maleic Anhydride Market, 2020 - 2023, USD Million
- TABLE 58UK Maleic Anhydride Market, 2024 - 2031, USD Million
- TABLE 59UK Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
- TABLE 60UK Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
- TABLE 61UK Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
- TABLE 62UK Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
- TABLE 63UK Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
- TABLE 64UK Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
- TABLE 65UK Maleic Anhydride Market by Application, 2020 - 2023, USD Million
- TABLE 66UK Maleic Anhydride Market by Application, 2024 - 2031, USD Million
- TABLE 67UK Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 68UK Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 69France Maleic Anhydride Market, 2020 - 2023, USD Million
- TABLE 70France Maleic Anhydride Market, 2024 - 2031, USD Million
- TABLE 71France Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
- TABLE 72France Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
- TABLE 73France Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
- TABLE 74France Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
- TABLE 75France Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
- TABLE 76France Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
- TABLE 77France Maleic Anhydride Market by Application, 2020 - 2023, USD Million
- TABLE 78France Maleic Anhydride Market by Application, 2024 - 2031, USD Million
- TABLE 79France Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 80France Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 81Russia Maleic Anhydride Market, 2020 - 2023, USD Million
- TABLE 82Russia Maleic Anhydride Market, 2024 - 2031, USD Million
- TABLE 83Russia Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
- TABLE 84Russia Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
- TABLE 85Russia Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
- TABLE 86Russia Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
- TABLE 87Russia Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
- TABLE 88Russia Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
- TABLE 89Russia Maleic Anhydride Market by Application, 2020 - 2023, USD Million
- TABLE 90Russia Maleic Anhydride Market by Application, 2024 - 2031, USD Million
- TABLE 91Russia Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 92Russia Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 93Spain Maleic Anhydride Market, 2020 - 2023, USD Million
- TABLE 94Spain Maleic Anhydride Market, 2024 - 2031, USD Million
- TABLE 95Spain Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
- TABLE 96Spain Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
- TABLE 97Spain Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
- TABLE 98Spain Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
- TABLE 99Spain Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
- TABLE 100Spain Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
- TABLE 101Spain Maleic Anhydride Market by Application, 2020 - 2023, USD Million
- TABLE 102Spain Maleic Anhydride Market by Application, 2024 - 2031, USD Million
- TABLE 103Spain Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 104Spain Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 105Italy Maleic Anhydride Market, 2020 - 2023, USD Million
- TABLE 106Italy Maleic Anhydride Market, 2024 - 2031, USD Million
- TABLE 107Italy Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
- TABLE 108Italy Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
- TABLE 109Italy Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
- TABLE 110Italy Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
- TABLE 111Italy Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
- TABLE 112Italy Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
- TABLE 113Italy Maleic Anhydride Market by Application, 2020 - 2023, USD Million
- TABLE 114Italy Maleic Anhydride Market by Application, 2024 - 2031, USD Million
- TABLE 115Italy Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 116Italy Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 117Rest of Europe Maleic Anhydride Market, 2020 - 2023, USD Million
- TABLE 118Rest of Europe Maleic Anhydride Market, 2024 - 2031, USD Million
- TABLE 119Rest of Europe Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
- TABLE 120Rest of Europe Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
- TABLE 121Rest of Europe Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
- TABLE 122Rest of Europe Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
- TABLE 123Rest of Europe Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
- TABLE 124Rest of Europe Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
- TABLE 125Rest of Europe Maleic Anhydride Market by Application, 2020 - 2023, USD Million
- TABLE 126Rest of Europe Maleic Anhydride Market by Application, 2024 - 2031, USD Million
- TABLE 127Rest of Europe Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
- TABLE 128Rest of Europe Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
- TABLE 129key Information - Huntsman Corporation
- TABLE 130Key Information - MITSUBISHI CHEMICAL HOLDINGS CORPORATION
- TABLE 131Key Information - Lanxess AG
- TABLE 132Key Information - Nan Ya Plastics Corp. (NPC)
- TABLE 133Key Information - Nippon Shokubai Co., Ltd.
- TABLE 134Key Information - IG Petrochemicals Limited (IGPL)
- TABLE 135Key Information - China National BlueStar (Group) Co, Ltd.
- TABLE 136Key Information -Yongsan Chemical Co., Ltd.
- TABLE 137Key Information - Aekyung Chemical Co., Ltd.
- TABLE 138Key Information - Ningbo Jiangning Chemical Co., Ltd.
