Maleic Anhydride - Global Strategic Business Report

The global market for Maleic Anhydride is estimated at US$5.6 Billion in 2023 and is projected to reach US$7.3 Billion by 2030, growing at a CAGR of 3.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the maleic anhydride market is driven by several factors. Firstly, the rising demand for unsaturated polyester resins in the automotive, construction, and marine industries is propelling the use of maleic anhydride. Secondly, the expanding applications of maleic anhydride in the production of lubricating oil additives, agricultural chemicals, and copolymers are significant growth drivers. The construction industry's increasing use of maleic anhydride-based resins in composites and coatings is also contributing to market growth.

Additionally, the growing demand for biodegradable plastics and environmentally friendly chemicals is boosting maleic anhydride consumption. The trend towards sustainable and high-performance materials further fuels market growth. Lastly, ongoing research and development efforts aimed at discovering new applications and improving production processes continue to foster market expansion, underscoring the robust growth trajectory of the maleic anhydride market.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Unsaturated Polyester Resin (UPR) Application segment, which is expected to reach US$4.3 Billion by 2030 with a CAGR of a 4.2%. The 1,4-BDO Application segment is also set to grow at 3.8% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $1.5 Billion in 2023, and China, forecasted to grow at an impressive 6.4% CAGR to reach $1.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Maleic Anhydride Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Maleic Anhydride Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Maleic Anhydride Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Ashland Global Holdings, Inc., Huntsman Corporation, Lanxess AG, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 63 Featured):

• Ashland Global Holdings, Inc.
• Huntsman Corporation
• Lanxess AG
• Mitsubishi Chemical Holdings Corporation
• Polynt S.P.A.
• Zibo Qixiangtengda Chemical Co., Ltd.