Maleic Anhydride Market Report: Trends, Forecast and Competitive Analysis to 2030

Maleic Anhydride Market Report: Trends, Forecast and Competitive Analysis to 2030

Maleic Anhydride Trends and Forecast

The future of the global maleic anhydride market looks promising with opportunities in the UPR, 1,4-BDO, lubricating oil additive, and copolymer markets. The global maleic anhydride market is expected to reach an estimated $2.8 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are rising demand for UPR & 1,4-BDO from the automotive industry, growing use of composite materials in the building, automotive, and aerospace industries, and development of the building and construction industry.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Maleic Anhydride by Segment

The study includes a forecast for the global maleic anhydride by raw material, application, and region.

Maleic Anhydride Market by Raw Material [Shipment Analysis by Value from 2018 to 2030]:

• n-Butane
• Benzene

Maleic Anhydride Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• UPR
• 1,4-BDO
• Lubricating Oil Additive
• Copolymer
• Others

Maleic Anhydride Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Maleic Anhydride Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies maleic anhydride companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the maleic anhydride companies profiled in this report include-

• Huntsman
• Changzhou Yabang Chemical
• Shanxi Qiaoyou Chemical
• Polynt-Reichhold
• Zibo Qixiang Tengda Chemical
• Mitsubishi Chemical
• Nippon Shokubai
• LANXESS
• Gulf Advanced Chemical Industries
• Ningbo Jiangning Chemical

Maleic Anhydride Market Insights

Lucintel forecasts that n-butane is expected to witness the higher growth over the forecast period due to stringent policies and regulations on the use of benzene for maleic anhydride production.

APAC is expected to witness highest growth over the forecast period due to developing the region's building, pharmaceutical, and personal care and cosmetics businesses.

Features of the Global Maleic Anhydride Market

Market Size Estimates: Maleic anhydride market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Maleic anhydride market size by raw material, application, and region in terms of value ($B).

Regional Analysis: Maleic anhydride market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different raw material, application, and regions for the maleic anhydride market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the maleic anhydride market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the maleic anhydride market size?

Answer: The global maleic anhydride market is expected to reach an estimated $2.8 billion by 2030.

Q2. What is the growth forecast for maleic anhydride market?

Answer: The global maleic anhydride market is expected to grow with a CAGR of 3.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the maleic anhydride market?

Answer: The major drivers for this market are rising demand for UPR & 1,4-BDO from the automotive industry, growing use of composite materials in the building, automotive, and aerospace industries, and development of the building and construction industry.

Q4. What are the major segments for maleic anhydride market?

Answer: The future of the global maleic anhydride market looks promising with opportunities in the UPR, 1,4-BDO, lubricating oil additive, and copolymer markets.

Q5. Who are the key maleic anhydride market companies?

Answer: Some of the key maleic anhydride companies are as follows:

• Huntsman
• Changzhou Yabang Chemical
• Shanxi Qiaoyou Chemical
• Polynt-Reichhold
• Zibo Qixiang Tengda Chemical
• Mitsubishi Chemical
• Nippon Shokubai
• LANXESS
• Gulf Advanced Chemical Industries
• Ningbo Jiangning Chemical

Q6. Which maleic anhydride market segment will be the largest in future?

Answer: Lucintel forecasts that n-butane is expected to witness the higher growth over the forecast period due to stringent policies and regulations on the use of benzene for maleic anhydride production.

Q7. In maleic anhydride market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to developing the region's building, pharmaceutical, and personal care and cosmetics businesses.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the maleic anhydride market by raw material (n-butane and benzene), application (UPR, 1,4-BDO, lubricating oil additive, copolymer, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?