Maleic Anhydride Market Scope 2023:

The Maleic Anhydride Market is a growing and dynamic industry that plays a crucial role in various sectors such as construction, automotive, and packaging. Maleic anhydride is a white crystalline solid that is used in the production of a wide range of chemicals such as unsaturated polyester resins, alkyd resins, and coatings. The market is witnessing steady growth, driven by factors such as the increasing demand for plastics and composites, the growth of the construction industry, and the rise in industrialization. With the advent of innovative technologies and increasing research and development activities, the maleic anhydride industry is poised to experience significant growth in the coming years.

One of the key trends driving the growth of the maleic anhydride market is the increasing demand for unsaturated polyester resins. These resins are widely used in various applications such as construction, automotive, and packaging. The increasing demand for lightweight and durable materials has led to the growing use of unsaturated polyester resins in the production of composites, which are widely used in the aerospace and automotive industries. The market is witnessing a shift towards bio-based and sustainable unsaturated polyester resins, which are made from renewable sources such as soybeans and corn. The increasing adoption of bio-based unsaturated polyester resins is expected to be a major driver of the maleic anhydride market in the coming years.

“According to SNS insider, The Maleic Anhydride Market Size is estimated at US$ 3.03 billion in 2022, and is expected to reach US$ 4.30 billion by 2030, with a growing healthy CAGR of 4.5% over the forecast period 2023-2030.”

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The market analysis includes a detailed breakdown of manufacturing capacity, rising demand, sales, and expected future growth. The Maleic Anhydride Market research includes a summary of the market competition as well as their profiles. The study collects and analyses key primary and secondary research data using cutting-edge approaches to bring readers up to date on technologically evolving markets. By presenting an assessment of the global market as a whole, the report provides the industry with a descriptive overview of elements that will likely affect future growth or lack thereof, as well as possible prospects and existing trends.

Detail information on the Maleic Anhydride Market comprises driving forces, development strategies such as the manufacture of new items and mergers and acquisitions, partnerships and cooperation, new trends, barriers, and opportunities in order to offer a more complete picture of market potentials. This analysis goes through demand estimations, market trends, market share, and micro and macro information in great detail.

Major Key Players Analysis are covered in Maleic Anhydride Market Report are listed below:

  • Ningbo Jiangning Chemical (China)
  • Changzhou Yabang Chemical Co. Ltd (China)
  • Ashland Inc. (US)
  • Bartek Ingredients Inc. (Canada)
  • Huntsman Corporation (US)
  • Lanxess (Germany)
  • Helm AG (Germany)
  • Marathon Petroleum Corp. (US)
  • Fuso Chemical Co. (Japan)
  • Mitsubishi Chemical Corporation (Japan)
  • Thirumalai Chemicals Ltd (India)
  • Bluestar Harbin Petrochemical Corp. (China)
  • Polynt Group (Italy)
  • Nan Ya Plastics Co.(China)
  • Nippon Shokubai Co. Ltd (Japan)

Market Segmentation

The Maleic Anhydride Market is divided into numerous segments to examine market dynamics at the micro and macro levels. This study divides the global market into product categories, applications, end-uses, and geographies. Each region and sub-segment is thoroughly examined, including growth rates, current trends, and projections for the future.

Major Segments and Sub-Segment of Maleic Anhydride Market are Listed Below:

By Raw Material

  • N-Butane
  • Benzene

By Application

  • Unsaturated Polyester Resin (UPR)
  • Copolymers
  • Lubricant Additives
  • Alkenyl Succinic Anhydrides
  • Malic Acid
  • Fumaric Acid
  • Others

By End-users

  • Construction
  • Automotive
  • Food & Beverages
  • Textile
  • Pharmaceuticals
  • Personal Care
  • Agriculture
  • Others

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In this study, the years considered to estimate the market size of Maleic Anhydride are as follows:

  • History Year: 2019-2021
  • Base Year: 2022
  • Estimated Year: 2023
  • Forecast Year 2023 to 2030

Regional Analysis Covered in this report:

  • North America [United States, Canada]
  • Europe [Germany, France, U.K., Italy, Russia]
  • Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
  • Latin America [Mexico, Brazil, Argentina]
  • Middle East & Africa [Turkey, Saudi Arabia, UAE]

COVID-19 Impact Analysis

To complete the full process of market research and analysis, the study incorporates market breakdown and data triangulation procedures, providing comprehensive information for all segments, sub-segments, and market growth. The COVID-19 impact analysis examines the pandemic’s influence on the target market in terms of current conditions and future estimates. The Maleic Anhydride Market research aims to provide a more in-depth look at the current scenario, the economic slump, and the influence of COVID-19 on the industry as a whole.

Regional Dynamics

All of the world’s major regional markets are covered in depth in this Maleic Anhydride Market analysis. It contains both qualitative and quantitative information about the market’s drivers, restraints, and future development potential. The research looks at global market segmentation, including revenue, market share, and prospective growth possibilities by region and nation.

Competitive Scenario

The report combines SWOT and Porter’s five forces to provide an in-depth analysis of the Maleic Anhydride Market. Secondary research was undertaken to investigate and predict market entities by obtaining data on key actors. This research looks at global trends as well as current events and opportunities in the region. The competitive section of this report will help market participants and other stakeholder to gain a complete outlook about the depth of the market competition.

Table of Contents – Major Key Points

  1. Introduction
  2. Research Methodology
  3. Market Dynamics
  4. Impact Analysis
  5. Value Chain Analysis
  6. Porter’s 5 Forces Model
  7. PEST Analysis
  8. The SNS Graph
  9. Maleic Anhydride Market Segment, By Raw Material
  10. Maleic Anhydride Market Segment, By Application
  11. Maleic Anhydride Market Segment, By End-Users
  12. Regional Analysis
  13. Company Profiles
  14. Competitive Landscape
  15. Conclusion

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