Global Maleic-Anhydride Market Growth 2024-2030

Global Maleic-Anhydride Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Maleic-Anhydride market size was valued at US$ 3076.9 million in 2023. With growing demand in downstream market, the Maleic-Anhydride is forecast to a readjusted size of US$ 3840 million by 2030 with a CAGR of 3.2% during review period.

The research report highlights the growth potential of the global Maleic-Anhydride market. Maleic-Anhydride are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Maleic-Anhydride. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Maleic-Anhydride market.

Maleic anhydride is a colorless or white solid with an acrid odor. Maleic anhydride is a very versatile molecule that lends itself to many applications requiring a number of properties and functionalities. With three active sites (two carboxyl groups and one double bond), it is an excellent joining and cross linking agent. Its major end use, representing well over half of global demand, is in the manufacture of unsaturated polyester resins, where its cross-linking abilities are important.

Huntsman, Lanxess, Polynt, Changhzou Yabang and so on are the major players of maleic anhydride for the time being.

China is the largest manufacturer of maleic anhydride who accounts for about 57% capacity market share. USA, following China, becomes the second largest one, with 29% capacity market share.

Key Features:

The report on Maleic-Anhydride market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Maleic-Anhydride market. It may include historical data, market segmentation by Type (e.g., Unsaturated polyester resins, 1,4-butanediol), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Maleic-Anhydride market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Maleic-Anhydride market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Maleic-Anhydride industry. This include advancements in Maleic-Anhydride technology, Maleic-Anhydride new entrants, Maleic-Anhydride new investment, and other innovations that are shaping the future of Maleic-Anhydride.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Maleic-Anhydride market. It includes factors influencing customer ' purchasing decisions, preferences for Maleic-Anhydride product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Maleic-Anhydride market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Maleic-Anhydride market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Maleic-Anhydride market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Maleic-Anhydride industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Maleic-Anhydride market.

Market Segmentation:

Maleic-Anhydride market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Unsaturated polyester resins
1,4-butanediol
Additives
Co-polymers
Others

Segmentation by application
Construction
Automotive
Textile
Food and Beverage
Pharmaceutical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Huntsman International LLC
LANXESS A.G.
Flint Hills Resources
Bartek Ingredients
Polynt S.p.A
Zhejiang Jiangshan Chemical Co.
MOL Hungarian Oil and Gas Plc
Nippon Shokubai Co.
Changzhou Yabang Chemical Co.,Ltd.
Thirumalai Chemicals
China National Bluestar (Group) Co.,Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Maleic-Anhydride market?

What factors are driving Maleic-Anhydride market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Maleic-Anhydride market opportunities vary by end market size?

How does Maleic-Anhydride break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.