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.
Maleic anhydride has many applications and the largest consumer comes from unsaturated polyester resin industry. Besides, there are still two manufacturing technologies adopted by the industry: benzene oxidation and n-butane oxidation. The latter technology is becoming the mainstream technology currently. Huntsman, Lanxess, Polynt, Changhzou Yabang and so on are the major players of maleic anhydride for the time being.
Although China has the largest capacity of maleic anhydride in the world, its capacity utilization rate is much lower, especially for maleic anhydride capacity using benzene oxidation. The oversupply in China is obvious. Affected by the downstream industry and poor profits, benzene oxidation maleic anhydride manufacturers prefer to hold wait-and- see attitudes toward the market for the time being.
According to this study, over the next five years the Maleic Anhydride market will register a 8.9% CAGR in terms of revenue, the global market size will reach US$ 3730 million by 2024, from US$ 2240 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Maleic Anhydride business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Maleic Anhydride market by product type, application, key manufacturers and key regions and countries.
This study considers the Maleic Anhydride value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Solid Maleic Anhydride
Molten Maleic Anhydride
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
unsaturated polyester resins (UPR)
lubricants
water treatment chemicals
foodstuffs
pharmaceuticals
softening agents
herbicides
pesticides
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Huntsman Corporation
Sasol-Huntsman
Ashland
Polynt
LANXESS
Thirumalai Chemicals Ltd.
Flint Hills Resources
BASF
YONGSAN CHEMICALS,INC
DSM
Mitsubishi Chemical
NIPPON SHOKUBAI
Elekeiroz SA
Bartek Ingredients
Korea PTG
CEPSA
MOL Group
Mitsui Chemicals
Changzhou Yabang Chemical
Tianjin Bohua Zhonghe Chemical
Qiaoyou Chemical
Zibo Qixing Tengda Chemical
Zhejiang Jiangshan Chemical
Hongxin Chemical
Shengyuan Group
Jiangyin Shunfei Fine chemical
Jiangsu Zhongteng Chemical
Huanghua Hongcheng Business
Shanxi Hengqiang Chemical
Changzhou Shuguang Chemical
Shijiazhuang Bailong Chemical
UPC Group
Jiangsu ChangSanJiao Fine Chemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Maleic Anhydride consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Maleic Anhydride market by identifying its various subsegments.
Focuses on the key global Maleic Anhydride manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Maleic Anhydride with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Maleic Anhydride submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Maleic Anhydride . Industry analysis & Market Report on Maleic Anhydride is a syndicated market report, published as Global Maleic Anhydride Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Maleic Anhydride market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.