#MaleicAnhydrideMarket

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Maleic Anhydride Market to Witness Robust Expansion by 2028

Stratview Research has published a new report on the Maleic Anhydride Market after a thorough analysis of the market. The key sources of information gathered for the report include various industry experts, suppliers, manufacturers, associations along with business distributions. The research report determines unique benefits of the various market size, share and the patent industry.

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The objective of the Maleic Anhydride Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision making and have a competitive edge.

In view with the current pandemic analysts at Stratview Research has thoroughly analyzed and presented the following parameters under the detailed Covid – 19 impact analysis in the Maleic Anhydride Market.

Market Insights – The Maleic Anhydride Marketis projected to grow from USD 6.36 billion in 2022 to USD 8.69 billion by 2028 at a CAGR of over 5.3% during the forecast period.

Few key players operating in the Maleic Anhydride Market are-

Huntsman International LLC

LANXESS AG

Ashland Inc.

Zibo Qixiang Tengda Chemical

Ningbo Jiangning Chemical Co., Ltd.

Polynt—Reichhold Group

Nippon Shokubai Co., Ltd.

Mitsubishi Chemical Corporation

Gulf Advanced Chemical Industries Co., Ltd. (GACIC)

Global Ispat Koksna Industrija d.o.o. Lukavac (GIKIL)

Growth drivers and Market Value:

This report, from Stratview Research, studies the Maleic Anhydride Market value and growth drivers over the trend period of 2022-27. According to the report -

Maleic anhydride market is likely to witness an impressive CAGR of 5.2% during the forecast period. Increasing penetration of composite materials in the automotive, aerospace, and construction industries is the prime factor that has boosted the demand for unsaturated polyester resins, which are used to manufacture composite materials. Rising disposable income along with increasing use of spandex in compression stockings, sportswear and medical textiles has boosted the demand for 1,4-butanediol. The escalating growth in the construction industries in BRIC countries and other developing economies is expected to further drive the growth of the maleic anhydride market. In addition, lenient government regulations, easy availability of land and raw materials, low labor and transportation costs are the major factors encouraging the key players to shift their manufacturing activities to developing economies such as China, India, Indonesia, and Brazil.

Segment Analysis:

Based on Application Type:

Based on the application type, the maleic anhydride market is segmented as unsaturated polyester resins (UPR), 1,4-butanediol (1,4-bdo), lubricating oil additives, copolymers, and others. The growth of the segment is mainly due to an increased demand for UPR from emerging economies, such as China and India, and its low price compared to the other epoxy resins. Increasing penetration of UPR in the marine, aerospace, automotive, construction, and chemical industries is expected to further drive the growth of the segment.

Based on Region:

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, and India being the countries with lucrative growth opportunities. The growth of the market is mainly driven by the expanding automotive and rising construction sectors in the major economies of the region. Increasing adoption of maleic anhydride to manufacture bulk molding compounds and fiberglass reinforced plastics is expected to further drive the demand for maleic anhydride in the region. Increasing disposable income, rapid industrialization, urbanization, and increasing spending in the construction sector in the region are expected to further drive the region’s market.

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Critical Questions Answered in the Report

What are the key trends in the global Maleic Anhydride Market?

How the Maleic Anhydride Market (and its various sub-segments) has grown in the last five years?

What would be the growth driver and growth rate in next five years?

What is the impact of COVID-19 on the Maleic Anhydride Market?

What are the key strategies adopted by the major vendors to lead in the Maleic Anhydride Market?

What is the market share of the key players?

Target Audience

The following is a list of the customers that the Maleic Anhydride Market aims to convert the most:

Manufacturing Organizations

Distributors & Suppliers

Potential Investors

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, or to cover analysis on any particular geography or segment, please send your inquiry at sales@stratviewresearch.com or +1-313-307-4176.

What we do –Stratview Research is a growing market research firm. Experts here illustrate innovative, descriptive, and comprehensive insights through market research to satisfy your individual and organizational objectives. We assist the users to make well-informed, profound and favourable decisions to comprehend the advantages of forthcoming trends, developments, assessments, and opportunities through our precise understanding of the market.

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Maleic Anhydride Market - Global Outlook and Forecast 2021-2027

This report contains market size and forecasts of Maleic Anhydride in global, including the following market information:

Global Maleic Anhydride Market Revenue, 2016-2021, 2022-2027, ($ millions)

Global Maleic Anhydride Market Sales, 2016-2021, 2022-2027, (K MT)

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Global top five Maleic Anhydride companies in 2020 (%)

The global Maleic Anhydride market was valued at 3110 million in 2020 and is projected to reach US$ 4162.7 million by 2027, at a CAGR of 7.6% during the forecast period.

We surveyed the Maleic Anhydride manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Maleic Anhydride Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (K MT)

Global Maleic Anhydride Market Segment Percentages, By Type, 2020 (%)

Solid Maleic Anhydride

Molten Maleic Anhydride

Global Maleic Anhydride Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (K MT)

Global Maleic Anhydride Market Segment Percentages, By Application, 2020 (%)

Unsaturated Polyester Resin

1,4-butanediol (BDO)

Other

Global Maleic Anhydride Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (K MT)

Global Maleic Anhydride Market Segment Percentages, By Region and Country, 2020 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Maleic Anhydride revenues in global market, 2016-2021 (Estimated), ($ millions)

Key companies Maleic Anhydride revenues share in global market, 2020 (%)

Key companies Maleic Anhydride sales in global market, 2016-2021 (Estimated), (K MT)

Key companies Maleic Anhydride sales share in global market, 2020 (%)

Further, the report presents profiles of competitors in the market, key players include:

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

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Table of content

1 Introduction to Research & Analysis Reports 1.1 Maleic Anhydride Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Maleic Anhydride Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Maleic Anhydride Overall Market Size 2.1 Global Maleic Anhydride Market Size: 2021 VS 2027 2.2 Global Maleic Anhydride Revenue, Prospects & Forecasts: 2016-2027 2.3 Global Maleic Anhydride Sales (Consumption): 2016-2027 3 Company Landscape 3.1 Top Maleic Anhydride Players in Global Market 3.2 Top Global Maleic Anhydride Companies Ranked by Revenue 3.3 Global Maleic Anhydride Revenue by Companies 3.4 Global Maleic Anhydride Sales by Companies 3.5 Global Maleic Anhydride Price by Manufacturer (2016-2021) 3.6 Top 3 and Top 5 Maleic Anhydride Companies in Global Market, by Revenue in 2020 3.7 Global Manufacturers Maleic Anhydride Product Type 3.8 Tier 1, Tier 2 and Tier 3 Maleic Anhydride Players in Global Market 3.8.1 List of Global Tier 1 Maleic Anhydride Companies 3.8.2 List of Global Tier 2 and Tier 3 Maleic Anhydride Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Maleic Anhydride Market Size Markets, 2021 & 20

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