Global Maleic Anhydride Market - Trends, COVID-19 impact and Growth Forecasts to 2029
Global Maleic Anhydride Market by application (Unsaturated Polyester Resin, Butanediol, Lubricant Additive, Copolymers, and Others), by type (N-butane, Benzene), by region (Asia-Pacific, North America, Europe, South America, Middle East and Africa), with forecasts till 2029 (value and volume)
Global Maleic Anhydride Market - Trends, COVID-19 impact and Growth Forecasts to 2029
ChemIntel360’s global Maleic Anhydride market study is a 199-slide report containing an in-depth analysis of the sector's historical and forecasted spending and consumption patterns. The study offers granular value and volume data from a global, regional, end-use industry, and product type perspective.
The global Maleic Anhydride market was valued at US$2.73 billion in 2021. It is estimated to grow at a CAGR of 2.7% during the forecast period mainly due to growing preference of lighter composite substrates produced by unsaturated polyester resins in automotive, aerospace, and construction end use industries. This in turn, bolster the demand for Maleic anhydride which acts as a starting material in the production of unsaturated polyester resins.
For this study, we have considered the historical period to run through 2018-2021 and the forecast period from 2022-2029.
Figure 1: Global Maleic Anhydride Market during 2018-2029 in US$ billion
Key insights from the Global Acetic Acid report
Insights by End use industry
Maleic Anhydride market is segmented into unsaturated polyester resin, butanediol, lubricant additive, copolymers and others in terms of application.
Unsaturated polyester resin segment led the market in 2021. These resins were utilized in different such as construction and electrical due to their inexpensive nature, robust performance. In automotive sector, unsaturated polyester resin was utilized to provide a smooth surface to the automobile as well as enhance the shelf life of the coating. The unsaturated polyester resin was also utilized to mend the damages caused due to the collisions.
Figure 3: Global Maleic Anhydride Market by End use Industry in 2021
Insights by Type
The global maleic anhydride market is segmented into N-butane and Benzene in terms of type.
The n-butane segment dominated the market in 2021 with a market share of 89%. This can be attributed to the growing demand of the chemical from the building & construction and automotive sector. The n-butane segment is expected to exhibit robust growth during the forecast period due to strict regulations on the benzene usage in maleic anhydride manufacturing.
Figure 3: Global Maleic Anhydride Market by Type in 2021
Regional Analysis
Asia Pacific was the leading regional market in 2021. Strong governmental push by the emerging economies of the region would support the regional growth. Most of the demand for the chemical came from the construction sector in the region. Rising construction spending in China and India would support the chemical demand during the forecast period.
North America is the second largest regional market in 2021. Robust demand of the chemical in marine and automotive sector would drive the growth of the North American market.
Figure 4: Global Maleic Anhydride Market by Region in 2021
Key market analysis
The Chinese market was the largest in 2021 and valued at US$1.3 billion for the same year. Maleic Anhydride was mainly utilized in the construction application. In addition, robust demand of the material in the automotive sector supported the growth of the Chinese market.
The U.S market was valued at US$0.4 billion in 2021. Growing use of the chemical in the construction would contribute to the growth of the market. The country’s plans to upgrade and modernize its existing would contribute to the growth of the market.
Figure 5: Global Maleic Anhydride Market by Key Countries in 2021
Market Dynamics
Trend
There is a growing trend of utilizing fiberglass composites derived from Maleic Anhydride in the Marine industry. Growing requirement of lighter and durable building material for the development of fuel-efficient boats would support this trend during the forecast period.
Covid-19 impact
The Covid-19 pandemic had an adverse impact on the Maleic Anhydride market. Automobile and component manufacturing plants are temporarily shuttered across the region. The automotive sector witnessed a sharp decline in demand owing to the Covid-19 outbreak, thereby, negatively impacting the regional market. As per OICA figures, the North American vehicle manufacturing in 2020 was estimated to be 13.4 million, a market reduction compared to the previous year manufacturing figures, which was 16.8 million. This reduced the overall demand for Maleic Anhydride in 2020.
Drivers
Growing acceptance of Maleic Anhydride for the manufacture of molded components as well as fiberglass reinforced parts, which are extensively used in the automotive industry would drive the market. The chemical is also utilized to prevent clumping of particles in crank oil and as a corrosion inhibitor in gasoline. It also shields automotive engine from scaling, develops fuel efficiency and lowers harmful chemical emission.
Opportunities
The food and Beverage industry utilize Maleic Acid, a derivative of Maleic Anhydride for manufacturing artificial sweeteners and flavour enhancements. Growing percentage of the regional population afflicted with insulin resistance and blood sugar disorders using these artificial sweeteners would create a key opportunity for the existing market players to improve their market share.
Challenges
Increased use of bio-based succinic acid as a substitute to maleic anhydride can hinder the growth of the market. Succinic acid has a similar chemical structure to that of Maleic Anhydride, resulting in usage in similar applications. In addition, bio-based succinic acid has a much smaller carbon fooprint compared to Petroleum-derived Maleic Anhydride.
Companies
The key companies operating in the market are Huntsman International LLC, LANXESS, Polynt-Reichhold Group, DuPon, Ashland Inc., Ineos Enterprises, Zibo Qixiang Tengda Chemical, Nippon Shokubai Co., Ltd., Mitsubishi Chemical Corporation, and Gulf Advanced Chemical Industries Co., Ltd.
Key Development
Ineos Enterprises acquired intermediates business segment of Flint Hills Resources, which manufactured chemicals such as Maleic Anhydride, Trimellitic Anhydride, and Purified Isophthalic Acid in 2018.
Scope of the Global Maleic Anhydride report
This report provides analysis of the latest industry trends and estimates revenue and volume growth at global, regional, and country levels. For this report, ChemIntel360 has segmented the global Maleic Anhydride market based on application, type and region.
Insights on application (Volume in Kilotons; Revenue in US$ billion/ million, 2018-2029)
- Unsaturated Polyester Resin
- Butanediol
- Lubricant Additive
- Copolymers
- Others
Insights on Type (Volume in Kilotons; Revenue in US$ billion/ million, 2018-2029)
- N-butane
- Benzene
Insights on Regional market (Volume in Kilotons; Revenue in US$ billion/ million, 2018-2029)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Asia Pacific
- China
- India
- Japan
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
Table of Contents
Executive summary
Table of contents
List of tables
List of figures
Chapter-1: Introduction
1.1 Objective of the report
1.2 Market Definition
1.3 Scope of the report
1.3.1 Markets covered
1.3.2 Years covered
1.4 Conventions
1.5 Stakeholder
1.6 Summary Methodology
1.7 Data Collection
1.7.1 Secondary research
1.7.2 Primary research
1.8 Market size estimation
1.8.1 Bottom-up approach
1.8.2 Top-down approach
1.9 Data triangulation
1.10 Assumptions and limitations
1.11 COVID-19 Impact
Chapter-2: Segment Analysis
2.1.1 Market overview, 2018-2029 (US$ billion)
2.1.2 Market overview, 2018-2029 (million tons)
2.2.1 Maleic anhydride Market: Unsaturated polyester resin (US$ billion)
2.2.2 Maleic anhydride Market: Unsaturated polyester resin (million tons)
2.3.1 Maleic anhydride Market: Butanediol (US$ billion)
2.3.2 Maleic anhydride Market: Butanediol (million tons)
2.4.1 Maleic anhydride Market: Lubricant additive (US$ billion)
2.4.2 Maleic anhydride Market: Lubricant additive (US$ million tons)
2.5.1 Maleic anhydride Market: Copolymers (US$ billion)
2.5.2 Maleic anhydride Market: Copolymers (million tons)
2.7.1 Maleic anhydride Market: Others (US$ billion)
2.7.2 Maleic anhydride Market: Others (million tons)
Chapter-3: Regional Analysis
3.1 Market overview, 2018-2029
3.2.1 Market overview, 2018-2029 (US$ billion)
3.2.2 Market overview, 2018-2029 (million tons)
3.3.1 Maleic anhydride Market: Asia Pacific (US$ billion)
3.3.2 Maleic anhydride Market: Asia Pacific (million tons)
3.4.1 Maleic anhydride Market: North America (US$ billion)
3.4.2 Maleic anhydride Market: North America (US$ billion)
3.5.1 Maleic anhydride Market: Europe (US$ billion)
3.5.2 Maleic anhydride Market: Europe (million tons)
3.6.1 Maleic anhydride Market: South America (US$ billion)
3.6.2 Maleic anhydride Market: South America (million tons)
3.7.1 Maleic anhydride Market: Middle East and Africa (US$ billion)
3.7.2 Maleic anhydride Market: Middle East and Africa (million tons)
Chapter-4: Regional Market Analysis by Application
4.1 Maleic anhydride regional Market application composition
4.1.1 Maleic anhydride Market: APAC Unsaturated polyester resin (US$ billion)
4.1.2 Maleic anhydride Market: APAC Unsaturated polyester resin (million tons)
4.2.1 Maleic anhydride Market: APAC Butanediol (US$ billion)
4.2.2 Maleic anhydride Market: APAC Butanediol (million tons)
4.3.1 Maleic anhydride Market: APAC Lubricant Additive (US$ billion)
4.3.2 Maleic anhydride Market: APAC Lubricant Additive (million tons)
4.4.1 Maleic anhydride Market: APAC Copolymers (US$ billion)
4.4.2 Maleic anhydride Market: APAC Copolymers (million tons)
4.5.1 Maleic anhydride Market: APAC others (US$ billion)
4.5.2 Maleic anhydride Market: APAC others (million tons)
4.6.1 Maleic anhydride Market: North America Unsaturated polyester resin (US$ billion)
4.6.2 Maleic anhydride Market: North America Unsaturated polyester resin (million tons)
4.7.1 Maleic anhydride Market: North America Butanediol (US$ billion)
4.7.2 Maleic anhydride Market: North America Butanediol (million tons)
4.8.1 Maleic anhydride Market: North America Lubricant additive (US$ billion)
4.8.2 Maleic anhydride Market: North America Lubricant additive (million tons)
4.9.1 Maleic anhydride Market: North America Copolymers (US$ billion)
4.9.2 Maleic anhydride Market: North America Copolymers (million tons)
4.10.1 Maleic anhydride Market: North America others (US$ billion)
4.10.2 Maleic anhydride Market: North America others (million tons)
4.11.1 Maleic anhydride Market: Europe Unsaturated polyester resin (US$ billion)
4.11.2 Maleic anhydride Market: Europe Unsaturated polyester resin (million tons)
4.12.1 Maleic anhydride Market: Europe Butanediol (US$ billion)
4.12.2 Maleic anhydride Market: Europe Butanediol (million tons)
4.13.1 Maleic anhydride Market: Europe Lubricant additive (US$ billion)
4.13.2 Maleic anhydride Market: Europe Lubricant additive (million tons)
4.14.1 Maleic anhydride Market: Europe Copolymers (US$ billion)
4.14.2 Maleic anhydride Market: Europe Copolymers (million tons)
4.15.1 Maleic anhydride Market: Europe others (US$ billion)
4.15.2 Maleic anhydride Market: Europe others (million tons)
4.16.1 Maleic anhydride Market: South America Unsaturated polyester resin (US$ billion)
4.16.2 Maleic anhydride Market: South America Unsaturated polyester resin (million tons)
4.17.1 Maleic anhydride Market: South America Butanediol (US$ billion)
4.17.2 Maleic anhydride Market: South America Butanediol (million tons)
4.18.1 Maleic anhydride Market: South America Lubricant additive (US$ billion)
4.18.2 Maleic anhydride Market: South America Lubricant additive (million tons)
4.19.1 Maleic anhydride Market: South America Copolymers (US$ billion)
4.19.2 Maleic anhydride Market: South America Copolymers (million tons)
4.20.1 Maleic anhydride Market: South America others (US$ billion)
4.20.2 Maleic anhydride Market: South America others (million tons)
4.21.1 Maleic anhydride Market: Middle East and Africa Unsaturated polyester resin (US$ billion)
4.21.2 Maleic anhydride Market: Middle East and Africa Unsaturated polyester resin (million tons)
4.22.1 Maleic anhydride Market: Middle East and Africa Butanediol (US$ billion)
4.22.2 Maleic anhydride Market: Middle East and Africa Butanediol (million tons)
4.23.1 Maleic anhydride Market: Middle East and Africa Lubricant additive (US$ billion)
4.23.2 Maleic anhydride Market: Middle East and Africa Lubricant additive (million tons)
4.24.1 Maleic anhydride Market: Middle East and Africa Copolymers (US$ billion)
4.24.2 Maleic anhydride Market: Middle East and Africa Copolymers (million tons)
4.25.1 Maleic anhydride Market: Middle East and Africa others (US$ billion)
4.25.2 Maleic anhydride Market: Middle East and Africa others (million tons)
Chapter-5: Markets Analysis by Type
5.1 Maleic anhydride regional Market application composition
5.1.1 Maleic anhydride Market: APAC N-butane (US$ billion)
5.1.2 Maleic anhydride Market: APAC N-butane (million tons)
5.2.1 Maleic anhydride Market: APAC Benzene (US$ billion)
5.2.2 Maleic anhydride Market: APAC Benzene (million tons)
5.3.1 Maleic anhydride Market: North America N-butane (US$ billion)
5.3.2 Maleic anhydride Market: North America N-butane (million tons)
5.4.1 Maleic anhydride Market: North America Benzene (US$ billion)
5.4.2 Maleic anhydride Market: North America Benzene (million tons)
5.5.1 Maleic anhydride Market: Europe N-butane (US$ billion)
5.5.2 Maleic anhydride Market: Europe N-butane (million tons)
5.6.1 Maleic anhydride Market: Europe Benzene (US$ billion)
5.6.2 Maleic anhydride Market: Europe Benzene (million tons)
5.7.1 Maleic anhydride Market: South America N-butane (US$ billion)
5.7.2 Maleic anhydride Market: South America N-butane (million tons)
5.8.1 Maleic anhydride Market: South America Benzene (US$ billion)
5.8.2 Maleic anhydride Market: South America Benzene (million tons)
5.7.1 Maleic anhydride Market: Middle East and Africa N-butane (US$ billion)
5.7.2 Maleic anhydride Market: Middle East and Africa N-butane (million tons)
5.8.1 Maleic anhydride Market: Middle East and Africa Benzene (US$ billion)
5.8.2 Maleic anhydride Market: Middle East and Africa Benzene (million tons)
Chapter-6: Key Markets Analysis
6.1 Maleic anhydride key Market size composition
6.1.1 Market overview, 2018-2029 (US$ billion)
6.1.2 Market overview, 2018-2029 (million tons)
6.2.1 Maleic anhydride Market: US, North America (US$ billion)
6.2.2 Maleic anhydride Market: US, North America (million tons)
6.3.1 Maleic anhydride Market: Canada, North America (US$ billion)
6.3.2 Maleic anhydride Market: Canada, North America (million tons)
6.4.1 Maleic anhydride Market: Mexico, North America (US$ billion)
6.4.2 Maleic anhydride Market: Mexico, North America (million tons)
6.5.1 Maleic anhydride Market: Germany, Europe (US$ billion)
6.5.2 Maleic anhydride Market: Germany, Europe (million tons)
6.6.1 Maleic anhydride Market: Italy, Europe (US$ billion)
6.6.2 Maleic anhydride Market: Italy, Europe (million tons)
6.7.1 Maleic anhydride Market: France, Europe (US$ billion)
6.7.2 Maleic anhydride Market: France, Europe (million tons)
6.8.1 Maleic anhydride Market: China, Asia Pacific (US$ billion)
6.8.2 Maleic anhydride Market: China, Asia Pacific (million tons)
6.9.1 Maleic anhydride Market: India, Asia Pacific (US$ billion)
6.9.2 Maleic anhydride Market: India, Asia Pacific (million tons)
6.10.1 Maleic anhydride Market: Japan, Asia Pacific (US$ billion)
6.10.2 Maleic anhydride Market: Japan, Asia Pacific (million tons)
6.11.1 Maleic anhydride Market: Brazil, South America (US$ billion)
6.11.2 Maleic anhydride Market: Brazil, South America (million tons)
6.12.1 Maleic anhydride Market: Argentina, South America (US$ billion)
6.12.2 Maleic anhydride Market: Argentina, South America (million tons)
6.13.1 Maleic anhydride Market: Colombia, South America (US$ billion)
6.13.2 Maleic anhydride Market: Colombia, South America (million tons)
6.14.1 Maleic anhydride Market: South Africa, Middle East and Africa (US$ billion)
6.14.2 Maleic anhydride Market: South Africa, Middle East and Africa (million tons)
6.15.1 Maleic anhydride Market: UAE, Middle East and Africa (US$ billion)
6.15.2 Maleic anhydride Market: UAE, Middle East and Africa (million tons)
6.16.1 Maleic anhydride Market: Saudi Arabia, Middle East and Africa (US$ billion)
6.16.2 Maleic anhydride Market: Saudi Arabia, Middle East and Africa (million tons)
Chapter 7: Company Profile
7.1 Huntsman International LLC
7.2 LANXESS
7.3 Polynt-Reichhold Group
7.4 DuPont
7.5 Ashland Inc.
7.6 Ineos Enterprises
7.7 Zibo Qixiang Tengda Chemical
7.8 Nippon Shokubai Co., Ltd.
7.9 Mitsubishi Chemical Corporation
7.10 Gulf Advanced Chemical Industries Co., Ltd
Appendix
Glossary of terms
Disclaimer
About Us
List of Tables
Table 1: By value: Maleic anhydride Market by application during 2018-2029 in US$ billion
Table 2: By volume: Maleic anhydride Market by segment during 2018-2029 in million tons
Table 3: By value: Maleic anhydride Market by region during 2018-2029 in US$ billion
Table 4: By volume: Maleic anhydride Market by region during 2018-2029 in
million tons
Table 5: By Value: key Maleic anhydride Markets in US$ billion
Table 6: By Volume: key Maleic anhydride Markets in million tons
List of Figures
Figure 1: By value: Maleic anhydride Market segment share during 2018-2029 in %
Figure 2: By volume: Maleic anhydride Market segment share during 2018-2029 in %
Figure 3: By value: Share of Unsaturated polyester resin in Phenol Market during 2018-2029 in %
Figure 4: By value: Unsaturated polyester resin in Phenol Market during 2018-2029 in US$ billion
Figure 5: By volume: Share of Unsaturated polyester resin Market during 2018-2029 in %
Figure 6: By volume: Unsaturated polyester resin Market during 2018-2029 in million tons
Figure 7: By value: Share of Butanediol Market during 2018-2029 in %
Figure 8: By value: Butanediol Market during 2018-2029 in US$ billion
Figure 9: By volume: Share of Butanediol Market during 2018-2029 in %
Figure 10: By volume: Butanediol Market during 2018-2029
in million tons
Figure 11: By value: Share of Lubricant additive Market during 2018-2029 in %
Figure 12: By value: Lubricant additive Market during 2018-2029 in US$ billion
Figure 13: By volume: Share of Lubricant additive Market during 2018-2029 in %
Figure 14: By volume: Lubricant additive Market during 2018-2029 in million tons
Figure 15: By value: Share of Copolymers Market during 2018-2029 in %
Figure 16: By value: Copolymers Market during 2018-2029 in US$ billion
Figure 17: By volume: Share of Copolymers Market during 2018-2029 in %
Figure 18: By volume: Copolymers Market during 2018-2029 in million tons
Figure 23: By value: Others Market during 2018-2029 in US$ billion
Figure 24: By value: Share of Others Market during 2018-2029 in %
Figure 25: By volume: Others Market during 2018-2029 in million tons
Figure 26: By volume: Others Market during 2018-2029 in million tons
Figure 27: By Value: key Phenol regional Markets in US$ billion
Figure 28: By Volume: key Phenol regional Markets in million tons
Figure 29: By value: Phenol Market region share during 2018-2029 in %
Figure 30: By volume: Phenol Market region share during 2018-2029 in %
Figure 31: By value: Share of Asia Pacific Market during 2018-2029 in %
Figure 32: By value: Asia Pacific Market during 2018-2029 in US$ billion
Figure 33: By volume: Share of Asia Pacific Market during 2018-2029 in %
Figure 34: By volume: APAC Market during 2018-2029 in million tons
Figure 35: By value: Share of North America Market during 2018-2029 in %
Figure 36: By value: North America Market during 2018-2029 in US$ billion
Figure 37: By volume: Share of North America Market during 2018-2029 in %
Figure 38: By volume: North America Market during 2018-2029 in million tons
Figure 39: By value: Share of Europe Market during 2018-2029 in
Figure 40: By value: Europe Market during 2018-2029 in US$ billion
Figure 41: By volume: Share of Europe Market during 2018-2029 in %
Figure 42: By volume: Europe Market during 2018-2029 in million tons
Figure 43: By value: Share of South America Market during 2018-2029 in %
Figure 44: By value: South America Market during 2018-2029 in US$ billion
Figure 45: By volume: Share of South America Market during 2018-2029 in %
Figure 46: By volume: South America Market during 2018-2029 in million tons
Figure 47: By value: Share of Middle East and Africa Market during 2018-2029 in %
Figure 48: By value: Middle East and Africa Market during 2018-2029 in US$ billion
Figure 49: By volume: Share of Middle East and Africa Market during
2018-2029 in %
Figure 50: By volume: Middle East and Africa Market during 2018-2029
in million tons
Figure 51: By value: Share of APAC Unsaturated polyester resin Market during 2018-2029 in %
Figure 52: By value: APAC Unsaturated polyester resin Market during 2018-2029 in US$ billion
Figure 53: By volume: Share of APAC Unsaturated polyester resin Market during 2018-2029 in %
Figure 54: By volume: APAC Unsaturated polyester resin Market during 2018-2029 in million tons
Figure 55: By value: Share of APAC Butanediol Market during 2018-2029 in %
Figure 56: By value: APAC Butanediol Market during 2018-2029 in US$ billion
Figure 55: By volume: Share of APAC Butanediol Market during 2018-2029 in %
Figure 56: By volume: APAC Butanediol Market during 2018-2029 in million tons
Figure 57: By value: Share of APAC Lubricant additive Market during 2018-2029 in %
Figure 58: By value: APAC Lubricant additive Market during 2018-2029 in US$ billion
Figure 59: By volume: Share of APAC Lubricant additive Market during 2018-2029 in %
Figure 60: By volume: APAC Lubricant additive Market during 2018-2029 in million tons
Figure 61: By value: Share of APAC Copolymers Market during 2018-2029 in %
Figure 62: By value: APAC Copolymers Market during 2018-2029 in US$ billion
Figure 63: By volume: Share of APAC Copolymers Market during 2018-2029 in %
Figure 64: By volume: APAC Copolymers Market during 2018-2029 in million tons
Figure 65: By value: Share of APAC others Market during 2018-2029 in %
Figure 66: By value: APAC others Market during 2018-2029 in US$ billion
Figure 67: By volume: Share of APAC others Market during 2018-2029 in %
Figure 68: By volume: APAC others Market during 2018-2029 in million tons
Figure 69: By value: Share of North America Unsaturated polyester resin Market during
2018-2029 in %
Figure 70: By value: North America Unsaturated polyester resin Market during 2018-2029
in US$ billion
Figure 71: By volume: Share of North America Unsaturated polyester resin Market during
2018-2029 in %
Figure 72: By volume: North America Unsaturated polyester resin Market during 2018-2029 in
million tons
Figure 73: By value: Share of North America Butanediol Market during 2018-2029 in %
Figure 74: By value: North America Butanediol Market during 2018-2029 in US$ billion
Figure 75: By volume: Share of North America Butanediol Market during 2018-2029 in %
Figure 76: By volume: North America Butanediol Market during 2018-2029 in million tons
Figure 77: By value: Share of North America Lubricant additive Market
during 2018-2029 in %
Figure 78: By value: North America Lubricant additive Market during 2018-2029
in US$ billion
Figure 79: By volume: Share of North America Lubricant additive Market during
2018-2029 in %
Figure 80: By volume: North America Lubricant additive Market during 2018-2029
in million tons
Figure 81: By value: Share of North America Copolymers Market during
2018-2029 in %
Figure 82: By value: North America Copolymers Market during 2018-2029
in US$ billion
Figure 83: By volume: Share of North America Copolymers Market during
2018-2029 in %
Figure 84: By volume: North America Copolymers Market during 2018-2029
in million tons
Figure 85: By value: North America others Market during 2018-2029 in %
Figure 86: By value: North America others Market during 2018-2029
in US$ billion
Figure 87: By volume: Share of North America others Market during
2018-2029 in %
Figure 88: By volume: North America others Market during 2018-2029
in million tons
Figure 89: By value: Share of Europe Unsaturated polyester resin Market during 2018-2029 in %
Figure 90: By value: Europe Unsaturated polyester resin Market during 2018-2029 in US$ billion
Figure 91: By volume: Share of Europe Unsaturated polyester resin Market during
2018-2029 in %
Figure 92: By volume: Europe Unsaturated polyester resin Market during 2018-2029 in million tons
Figure 93: By value: Share of Europe Butanediol Market during
2018-2029 in %
Figure 94: By value: Europe Butanediol Market during 2018-2029
in US$ billion
Figure 95: By volume: Share of Europe Butanediol Market
during 2018-2029 in %
Figure 96: By volume: Europe Butanediol Market during
2018-2029 in million tons
Figure 97: By value: Share of Europe Lubricant additive Market during
2018-2029 in %
Figure 98: By value: Europe Lubricant additive Market during 2018-2029
in US$ billion
Figure 99: By volume: Share of Europe Lubricant additive solvent Market during
2018-2029 in %
Figure 100: By volume: Europe Lubricant additive Market during 2018-2029
in million tons
Figure 101: By value: Share of Europe Copolymers Market during
2018-2029 in %
Figure 102: By value: Europe Copolymers Market during 2018-2029
in US$ billion
Figure 103: By volume: Share of Europe Copolymers Market during
2018-2029 in %
Figure 104: By volume: Europe Copolymers Market during 2018-2029
in million tons
Figure 105: By value: Share of Europe others Market during 2018-2029 in %
Figure 106: By value: Europe others Market during 2018-2029 in US$ billion
Figure 107: By volume: Share of Europe others Market during 2018-2029 in %
Figure 108: By volume: Europe others Market during 2018-2029 in million tons
Figure 109: By value: Share of South America Unsaturated polyester resin Market during
2018-2029 in %
Figure 110: By value: South America Unsaturated polyester resin Market during 2018-2029
in US$ billion
Figure 111: By volume: Share of South America Unsaturated polyester resin Market during
2018-2029 in %
Figure 112: By volume: South America Unsaturated polyester resin Market during 2018-2029
in million tons
Figure 113: By value: Share of South America Butanediol Market during 2018-2029 in %
Figure 114: By value: South America Butanediol Market
during 2018-2029 in US$ billion
Figure 115: By volume: Share of South America Butanediol Market during 2018-2029 in %
Figure 116: By volume: South America Butanediol Market
during 2018-2029 in million tons
Figure 117: By value: Share of South America Lubricant additive Market
during 2018-2029 in %
Figure 118: By value: Share of South America Lubricant additive Market
during 2018-2029 in million tons
Figure 119: By volume: Share of South America Lubricant additive Market
during 2018-2029 in %
Figure 120: By volume: South America Lubricant additive Market during
2018-2029 in million tons
Figure 121: By value: Share of South America Copolymers Market
during 2018-2029 in %
Figure 122: By value: South America Copolymers Market during 2018-2029
in US$ billion
Figure 123: By volume: Share of South America Copolymers Market
during 2018-2029 in %
Figure 124: By volume: South America Copolymers Market during
2018-2029 in million tons
Figure 125: By value: Share of South America others Market during
2018-2029 in %
Figure 126: By value: South America others Market during 2018-2029
in US$ billion
Figure 127: By volume: Share of South America others Market during 2018-2029
in %
Figure 128: By volume: South America others Market during 2018-2029
in million tons
Figure 129: By value: Share of Middle East and Africa Unsaturated polyester resin Market during
2018-2029 in %
Figure 130: By value: Middle East and Africa Unsaturated polyester resin Market during 2018-2029
in US$ billion
Figure 131: By volume: Share of Middle East and Africa Unsaturated polyester resin Market during
2018-2029 in %
Figure 132: By volume: Middle East and Africa Unsaturated polyester resin Market during
2018-2029 in million tons
Figure 133: By value: Share of Middle East and Africa Butanediol
Market during 2018-2029 in %
Figure 134: By value: Middle East and Africa Butanediol Market
during 2018-2029 in US$ billion
Figure 135: By volume: Share of Middle East and Africa Butanediol
Market during 2018-2029 in %
Figure 136: By volume: Middle East and Africa Butanediol Market
during 2018-2029 in million tons
Figure 137: By value: Share of Middle East and Africa Lubricant additive Market
during 2018-2029 in %
Figure 138: By value: Middle East and Africa Lubricant additive Market during
2018-2029 in million tons
Figure 139: By volume: Share of Middle East and Africa Lubricant additive
Market during 2018-2029 in %
Figure 140: By volume: Middle East and Africa Lubricant additive Market during
2018-2029 in million tons
Figure 141: By value: Share of Middle East and Africa Copolymers Market
during 2018-2029 in %
Figure 142: By value: Middle East and Africa Copolymers Market during
2018-2029 in US$ billion
Figure 143: By volume: Share of Middle East and Africa Copolymers
Market during 2018-2029 in %
Figure 144: By volume: Middle East and Africa Copolymers Market during
2018-2029 in million tons
Figure 145: By value: Share of Middle East and Africa others Market during
2018-2029 in %
Figure 146: By value: Middle East and Africa others Market during 2018-2029
in US$ billion
Figure 147: By volume: Share of Middle East and Africa others Market during
2018-2029 in %
Figure 148: By volume: Middle East and Africa others Market during
2018-2029 in million tons
Figure 149: By value: Share of APAC N-butane Market during 2018-2029 in %
Figure 150: By value: APAC N-butane Market during 2018-2029 in US$ billion
Figure 151: By volume: Share of APAC N-butane Market during 2018-2029 in %
Figure 152: By volume: APAC N-butane Market during 2018-2029 in million tons
Figure 153: By value: Share of APAC Benzene Market during 2018-2029 in %
Figure 154: By value: APAC Benzene Market during 2018-2029 in US$ billion
Figure 155: By volume: Share of APAC Benzene Market during 2018-2029 in %
Figure 156: By volume: APAC Benzene Market during 2018-2029 in million tons
Figure 157: By value: Share of North America N-butane Market during 2018-2029 in %
Figure 158: By value: North America N-butane Market during 2018-2029 in US$ billion
Figure 159: By volume: Share of North America N-butane Market during 2018-2029 in %
Figure 160: By volume: North America N-butane Market during 2018-2029 in million tons
Figure 161: By value: Share of North America Benzene Market during 2018-2029 in %
Figure 162: By value: North America Benzene Market during 2018-2029 in US$ billion
Figure 163: By volume: Share of North America Benzene Market during 2018-2029 in %
Figure 164: By volume: North America Benzene Market during 2018-2029 in million tons
Figure 165: By value: Share of Europe N-butane Market during 2018-2029 in %
Figure 166: By value: Europe N-butane Market during 2018-2029 in million tons
Figure 167: By volume: Share of Europe N-butane Market during 2018-2029 in %
Figure 168: By volume: Europe N-butane Market during 2018-2029 in million tons
Figure 169: By value: Share of Europe Benzene Market during 2018-2029 in %
Figure 170: By value: Europe Benzene Market during 2018-2029 in US$ billion
Figure 171: By volume: Share of Europe Benzene Market during 2018-2029 in %
Figure 172: By volume: Europe Benzene Market during 2018-2029 in million tons
Figure 173: By value: Share of South America N-butane Market during 2018-2029 in %
Figure 174: By value: South America N-butane Market during 2018-2029 in US$ billion
Figure 175: By volume: Share of South America N-butane Market during 2018-2029 in %
Figure 176: By volume: South America N-butane Market during 2018-2029 in million tons
Figure 177: By value: Share of South America Benzene Market during 2018-2029 in %
Figure 178: By value: South America Benzene Market during 2018-2029 in US$ billion
Figure 179: By volume: Share of South America Benzene Market during 2018-2029 in %
Figure 180: By volume: South America Benzene Market during 2018-2029 in million tons
Figure 181: By value: Share of Middle East and Africa N-butane Market during 2018-2029 in %
Figure 182: By value: Middle East and Africa N-butane Market during 2018-2029 in US$ billion
Figure 183: By volume: Share of Middle East and Africa N-butane Market during 2018-2029 in %
Figure 184: By volume: Middle East and Africa N-butane Market during 2018-2029 in million tons
Figure 185: By value: Share of Middle East and Africa Benzene Market during 2018-2029 in %
Figure 186: By value: Middle East and Africa Benzene Market during 2018-2029 in US$ billion
Figure 187: By volume: Share of Middle East and Africa Benzene Market during 2018-2029 in %
Figure 188: By volume: Middle East and Africa Benzene Market during 2018-2029 in million tons
Figure 189: By Value: key Maleic anhydride regional Markets in US$ billion
Figure 190: By Volume: key Maleic anhydride regional Markets in million tons
Figure 191: By value: Share of US Market during 2018-2029 in %
Figure 192: By value: US Market during 2018-2029 in US$ billion
Figure 193: By volume: Share of US Market during 2018-2029 in %
Figure 194: By volume: US Market during 2018-2029 in million tons
Figure 195: By value: Share of Canada Market during 2018-2029 in %
Figure 196: By value: Canada Market during 2018-2029 in US$ billion
Figure 197: By volume: Share of Canada Market during 2018-2029 in %
Figure 198: By volume: Canada Market during 2018-2029 in million tons
Figure 199: By value: Share of Mexico Market during 2018-2029 in %
Figure 200: By value: Mexico Market during 2018-2029 in US$ billion
Figure 201: By volume: Share of Mexico Market during 2018-2029 in %
Figure 202: By volume: Mexico Market during 2018-2029 in million tons
Figure 203: By value: Share of Germany Market during 2018-2029 in %
Figure 204: By value: Germany Market during 2018-2029 in US$ billion
Figure 205: By volume: Share of Germany Market during 2018-2029 in %
Figure 206: By volume: Germany Market during 2018-2029 in million tons
Figure 207: By value: Share of Italy Market during 2018-2029 in %
Figure 208: By value: Italy Market during 2018-2029 in US$ billion
Figure 209: By volume: Share of Italy Market during 2018-2029 in %
Figure 210: By volume: Italy Market during 2018-2029 in million tons
Figure 211: By value: Share of France Market during 2018-2029 in %
Figure 212: By value: France Market during 2018-2029 in US$ billion
Figure 213: By volume: Share of France Market during 2018-2029 in %
Figure 214: By volume: France Market during 2018-2029 in million tons
Figure 215: By value: Share of China Market during 2018-2029 in %
Figure 216: By value: China Market during 2018-2029 in US$ billion
Figure 217: By volume: Share of China Market during 2018-2029 in %
Figure 218: By volume: China Market during 2018-2029 in million tons
Figure 219: By value: Share of India Market during 2018-2029 in %
Figure 220: By value: India Market during 2018-2029 in US$ billion
Figure 221: By volume: Share of India Market during 2018-2029 in %
Figure 222: By volume: India Market during 2018-2029 in million tons
Figure 223: By value: Share of Japan Market during 2018-2029 in %
Figure 224: By value: Japan Market during 2018-2029 in US$ billion
Figure 225: By volume: Share of Japan Market during 2018-2029 in %
Figure 226: By volume: Japan Market during 2018-2029 in million tons
Figure 227: By value: Share of Brazil Market during 2018-2029 in %
Figure 228: By value: Brazil Market during 2018-2029 in US$ billion
Figure 229: By volume: Share of Brazil Market during 2018-2029 in %
Figure 230: By volume: Brazil Market during 2018-2029 in million tons
Figure 231: By value: Share of Argentina Market during 2018-2029 in %
Figure 232: By value: Argentina Market during 2018-2029 in US$ billion
Figure 233: By volume: Share of Argentina Market during 2018-2029 in %
Figure 234: By volume: Argentina Market during 2018-2029 in million tons
Figure 235: By value: Share of Colombia Market during 2018-2029 in %
Figure 236: By value: Colombia Market during 2018-2029 in US$ billion
Figure 237: By volume: Share of Colombia Market during 2018-2029 in %
Figure 238: By volume: Colombia Market during 2018-2029 in million tons
Figure 239: By value: Share of South Africa Market during 2018-2029 in %
Figure 240: By value: South Africa Market during 2018-2029 in US$ billion
Figure 241: By volume: Share of South Africa Market during 2018-2029 in %
Figure 242: By volume: South Africa Market during 2018-2029 in million tons
Figure 243: By value: Share of UAE Market during 2018-2029 in %
Figure 244: By value: UAE Market during 2018-2029 in US$ billion
Figure 245: By volume: Share of UAE Market during 2018-2029 in %
Figure 246: By volume: UAE Market during 2018-2029 in million tons
Figure 247: By value: Share of Saudi Arabia Market during 2018-2029 in %
Figure 248: By value: Saudi Arabia Market during 2018-2029 in US$ billion
Figure 249: By volume: Share of Saudi Arabia Market during 2018-2029 in %
Figure 250: By volume: Saudi Arabia Market during 2018-2029 in million tons
Figure 251: Huntsman International LLC
Figure 252: LANXESS
Figure 253: Polynt-Reichhold Group
Figure 254: DuPont
Figure 255: Ashland Inc.
Figure 256: Ineos Enterprises
Figure 257: Zibo Qixiang Tengda Chemical
Figure 258: Nippon Shokubai Co., Ltd.
Figure 259: Mitsubishi Chemical Corporation
Figure 260: Gulf Advanced Chemical Industries Co., Ltd
Research Methodology
This report uses a comprehensive and iterative research methodology including bottom-up and top-down approaches, to minimize deviance and consequently provide accurate market estimates and forecasts. Additionally, we make use of market breakdown and data triangulation procedures to validate our findings.
Secondary Research
We strictly make use of authentic and credible secondary sources such as company filings, white papers published by reputable authorities and institutions, journals, articles published by industry experts and other gold and silver standard databases such as Bloomberg, Dunn & Bradstreet, Standard & Poor’s and Thomson Reuters, among others.
Primary Research
Our findings from secondary sources are then validated by exhaustive primary interviews either through online surveys or on the phone. Importantly, we conduct these interviews all across the world, either internally or through channel partners in various locations, to get critical local insights as well.
 |
| Report Parameters | Details |
|---|---|
| Time Period Considered | 2018-2029 |
| Historical Period | 2018-2021 |
| Forecast Period | 2022-2029 |
| Units considered | Volume in kilotons, revenue in US$ million/billion |
| Report Coverage | Value/Revenue forecast, competitive landscape, drivers, challenges, opportunities, and trends |
| COVID-19 | Impact of the COVID-19 pandemic has been factored in the revenue estimations, trends, and drivers |
| Segments | By Application By Type By Region |
| Regions included in the study | Asia Pacific (APAC), North America, Europe, Middle East and Africa, South America |
| Companies Profiled | Huntsman International LLC, LANXESS, Polynt-Reichhold Group, DuPont, Ashland Inc., Ineos Enterprises, Zibo Qixiang Tengda Chemical, Nippon Shokubai Co., Ltd., Mitsubishi Chemical Corporation, and Gulf |
The global Maleic Anhydride market size was estimated at US$2.7 billion in 2021 and is expected to reach US$2.8 billion in 2022.
The global Maleic Anhydride market is expected to grow at a compound annual growth rate of 2.7% from 2022 to 2029 to reach US$3.4 billion by 2029.
In 2021, Asia Pacific region led the Maleic Anhydride market in 2021 with a share of 52%.
The unsaturated polyester resin segment held the largest share in 2021 and accounted for 53% of the market.
Some key players operating in the Maleic Anhydride market include Huntsman International LLC, LANXESS, Polynt-Reichhold Group, DuPont, Ashland Inc., Ineos Enterprises, Zibo Qixiang Tengda Chemical, Nippon Shokubai Co., Ltd., Mitsubishi Chemical Corporation, and Gulf Advanced Chemical Industries Co., Ltd.
Maleic Anhydride market is driven by the growing use of the chemical as a raw material for construction and automotive products.