The Business Research Company’s report goes into great detail on the maleic anhydride market size and growth, maleic anhydride market regional analysis, maleic anhydride market competitive landscape, and other critical information needed to excel in the maleic anhydride industry.

Major players in the maleic anhydride market include Huntsman Corporation, Lanxess AG, Mitsubishi Chemical Corporation, Helm AG, Ningbo Jiangning Chemical Co. Ltd, Nippon Shokubai Co. Ltd., Ashland Inc, Changzhou Shuguang Chemical, Bartek Ingredients, BASF, Cepsa, Polynt group, Sasol, Flint Hills Resources, Zibo Qixing Tengda Chemical, Yongsan Chemicals Inc., Tianjin Bohai Chemicals, Thirumalai Chemicals Limited, Gulf Advanced Chemical Industries Co. Ltd., MOL group, Yunnan Yunwei Company Limited, Jiangyin Shunfei Fine chemical, Jiangsu Zhongteng Chemical, Fuso Chemical Co., Mitsui Chemicals, Shandong Hongxin Chemical Co. Ltd, Baotie Hebei, Aekyung Petrochemical Co. Ltd., DSM NV, Merck & Co. Inc., and Bluestar Harbin Petrochemical corp.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global maleic anhydride market size is expected to grow from $3.07 billion in 2021 to $3.22 billion in 2022 at a compound annual growth rate (CAGR) of 5.10%. The growth in the market is mainly due to the companies’ resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global maleic anhydride market size is expected to reach $4.03 billion in 2026 at a CAGR of 5.73%.

Asia-Pacific was the largest region in the maleic anhydride market in 2021.

The maleic anhydride market consists of sales of maleic anhydride (MAN) by entities (organizations, sole traders, and partnerships) that are used for the manufacturing of unsaturated polyester resins (UPR), as lubricating oil additives, as dispersants, and corrosion inhibitors. It is a chemical intermediate formed after the oxidation of benzene or butane in the presence of a vanadium oxide catalyst. Maleic anhydride is a colourless or white solid, cyclic dicarboxylic anhydride organic chemical. MAN is used as a food preservative, flavour enhancer, and artificial sweetener after converting to maleic or fumaric acid and has broad applications in pharmaceutics, agricultural products, and surfactants.

The rising demand for automobiles globally has contributed to the growth of the maleic anhydride market.

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Increased investments in research and development are a key trend gaining popularity in the maleic anhydride markets. Major pharmaceutical companies operating in the maleic anhydride market are focused on exploring the potential of L-malic acid in dietary supplements. There has been a substantive demand for cardioprotective and immunity-boosting ingredients all over the world.

TBRC’s Global Maleic Anhydride Market Report Is Segmented:
By Type: Solid Maleic Anhydride, Molten Maleic Anhydride

By Raw Material: Benzene, N-Butane

By Application: Unsaturated Polyester Resin, Copolymers, Lubricant Additives, Alkyl Succinic Anhydrides, Malic Acid, Fumaric Acid

By End-User: Construction, Automobile, Food and Beverage, Oil Products, Electronics, Personal Care, Pharmaceuticals, Agriculture

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa

The Maleic Anhydride Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the maleic anhydride market globally and regionally, analyzes and forecasts market size, share, maleic anhydride market players, maleic anhydride market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Benzene Global Market Report 2022

Vanadium Ore Global Market Report 2022

Butane Gas Cartridges Global Market Report 2022

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