Maleic Anhydride Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Choose License

Report Code: ZMR-1709 | Report Format : | Status : Upcoming |

Abstract

Global Maleic Anhydride Market: Overview

Maleic anhydride is the organic compound which is the maleic acid’s acid anhydride. It is produced in large quantities for the coatings and polymers applications. Maleic anhydride is extracted from feedstock such as benzene and n-butane. N-butane is more environment-friendly in nature and holds low production cost as compared to benzene while, benzene is more toxic and constitutes high production cost. Maleic anhydride is used widely as there has been a change in the preference towards stronger and lighter fiberglass composite materials in construction, aerospace, automotive, and turbine industries. It is used in the production of gamma-butyrolactone, 1, 4-butanediol, and tetrahydrofuran.

Global Maleic Anhydride Market: Growth Factors

Growing penetration of spandex in medical textiles, compression stockings, and sportswear coupled with the increasing disposable income are factors that are projected to surge the demand for 1, 4-butanediol which in turn will result in the rise in the demand of maleic anhydride. Favorable growth in the construction industry in developing countries is anticipated to foster the requirement for unsaturated polyester resins in the coming years. Unsaturated polyester resins attribute to encourage the market growth owing to its increasing use in heat-resistant tanks and pipes thus influencing the maleic anhydride market. Increasing popularity of using the maleic anhydride with the feedstock polymers that are bio-based is positively impacting the market. However, increasing concerns regarding depletion of crude oil and presence of alternatives such as succinic acid are restraining the growth of the market to some extent.

Global Maleic Anhydride Market: Segmentation

The segmentation of the global maleic anhydride market is done on the basis of end-use industry, application, and region. The end-use industry segment is divided into automotive, food & beverage, construction, pharmaceutical, textile, manufacturing, and others. Based on the application, the market is segregated into additives, unsaturated polyester resins, copolymers, 1, 4-butanediol, and others. Region-wise the market is diversified into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Global Maleic Anhydride Market: Regional Analysis

North America and Western Europe are expected to have a moderate market growth for maleic anhydride in the near future. Increasing environmental concerns for greenhouse gas emission leads to the slow production of the 1, 4-butandiol and alkyd resins. Growth and development of the construction industry in developing countries will increase the demand of 1, 4-butandiol and alkyd resins, which will anticipate fueling the market growth in the future. The Middle East and Africa, Asia-Pacific, and Latin America regions are expected to witness growth in the coming years. Asia Pacific holds the largest market share for maleic anhydride across the world.

Global Maleic Anhydride Market: Competitive Players

Key market players in the global maleic anhydride market include maleic anhydride Polynt S.p.A, Nippon Shokubai Co., Ltd., Zhejiang Jiangshan Chemical Co., Ltd., Huntsman International LLC, Changzhou Yabang Chemical Co., Ltd., and Flint Hills Resources. Other influencing players include China National Bluestar (Group) Co., Ltd., Lanxess A.G., MOL Hungarian Oil & Gas Plc., Thirumalai Chemicals Ltd., and Bartek Ingredients Inc.

Global Maleic Anhydride Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Automotive Lubricants Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2639 | Report Format:

Global Automotive Lubricants Market: Overview Lubricants play a very important role in several industrial and commercial divisions such as marine, automotive, aviation, and manufacturing. Automotive lubricants help in debris removal and cooling of the components. One of the very important featur...Read More

Thermal Barrier Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2636 | Report Format:

Global Thermal Barrier Coatings Market: Overview TBC (thermal barrier coatings) are mainly produced using raw materials like polymers, epoxy resins, zirconia, aluminates, and many more. TBC manufacturers are focusing on in-depth research and development (RD) for the expansion of competent applic...Read More

Halogen Free Flame Retardant Market By Type (Aluminum Hydroxide, Organo- Phosphorous and Other Type), By Application Type (Polyolefin, Epoxy Resins, Polyvinyl Chloride (PVC), Unsaturated Polyester (UPE), Rubber, Engineered Thermoplastics (ETP), Styrenics and Others), For End User (Building and Construction Industry, Electrical and Electronics Industry, Transportation Industry, Wires and Cables Industry and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 – 2024

Feb-2018 | Price : $ 4199.00 | Pages: 120 | Report Code: ZMR-2626 | Report Format:

Report Brief The report covers forecast and analysis for the halogen free flame retardant market on a global and regional level The report includes the positive and the negative factors that are influencing the growth of the market Detailed information about the market opportunities are discus...Read More

Specialty Zeolites Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2614 | Report Format:

Global Specialty Zeolites Market: Overview The specialty zeolites are the type of zeolites that involve specialty synthesis, mainly the high-pressure synthesis. At the time of crystallization/synthesis, some specialty organic additives are also added. Small amounts of specialty zeolites are util...Read More

Thermal Insulation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2611 | Report Format:

Global Thermal Insulation Market: Overview The process of utilizing a compound or a material that is made of various materials having the ability to restrict the thermal energy flow or heat energy flow is known as insulation. Insulation materials are able to perform various functions including p...Read More

Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.

Quick Inquiry