Maleic Anhydride Market in North America 2022-2026
Technavio has been monitoring the maleic anhydride market in North America and it is poised to grow by $ 169.94 mn during 2022-2026 progressing at a CAGR of 6.00% during the forecast period. Our report on the maleic anhydride market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for UPR and 1,4-BDO from the automotive industry and increasing demand for lubrication oil additives.
The maleic anhydride market in North America analysis includes the raw material segment and geographic landscape.
Technavio's maleic anhydride market in North America is segmented as below:
By Raw Material
By Geographical Landscape
This study identifies the rising automotive industry in Canada and Mexicoas one of the prime reasons driving the maleic anhydride market growth in North America during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on maleic anhydride market in North America covers the following areas:
- Maleic anhydride market sizing
- Maleic anhydride market forecast
- Maleic anhydride market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading maleic anhydride market vendors in North America that include Ashland Global Holdings Inc., BASF SE, DuPont de Nemours Inc., Huntsman Corp., LANXESS AG, Merck and Co. Inc., Mitsubishi Chemical Corp., Nippon Shokubai Co. Ltd., Polynt Spa, and Zibo Qixiang Tengda Chemical Co. Ltd. Also, the maleic anhydride market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedAshland Global Holdings Inc., BASF SE, DuPont de Nemours Inc., Huntsman Corp., LANXESS AG, Merck and Co. Inc., Mitsubishi Chemical Corp., Nippon Shokubai Co. Ltd., Polynt Spa, Zibo Qixiang Tengda Chemical Co. Ltd.