Maleic Anhydride Market

Maleic Anhydride Market Size, Share & Trends Analysis Report by Raw Material (N-Butane, Benzene), by Application (UPR, 1,4-BDO, Lubricating Oil Additives, Copolymers), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)

Frequently Asked Questions

  • What is the global demand for Maleic Anhydride in terms of revenue?

    The global Maleic Anhydride valued at USD 2.5 Billion in 2020 and is expected to reach USD 3.1 Billion in 2028 growing at a CAGR of 3.9%

  • Which are the prominent players in the market?

    The prominent players in the market are Huntsman Corporation (US), Changzhou Yabang Chemical Co. Ltd. (China), Shanxi Qiaoyou Chemical Co. Ltd. (China), Polynt-Reichhold Group (Italy), Zibo Qixiang Tengda Chemical Co. Ltd. (China), Mitsubishi Chemical Corporation (Japan), Nippon Shokubai Co. Ltd.(Japan), LANXESS AG( Germany), Gulf Advanced Chemical Industries Co. Ltd. (Saudi Arabia), Ningbo Jiangning Chemical Co. Ltd. (China), China Bluestar Harbin Petrochemical Co. Ltd.(China), Nan Ya Plastics (Taiwan), Shijiazhuang Bailong chemical Co. Ltd. (China), Yongsan Chemical Co. Ltd. (South Korea), IG Petrochemicals Ltd. (India), MOL PLC (Hungary), PT Justus Sakti Raya (Indonesia), Global Ispat Koksna Industrija D.O.O. Lukavac (Bosnia & Herzegovina), Tianjin Bohai Chemical Industry Group Co. Ltd. (China), Cepsa (Spain), Ruse Chemicals (Bulgaria), Yunnan Yunwei Company Limited (China), Shanxi Taiming Chemical Industry Co. Ltd.( China), Huanghua Hongcheng Business Corp. Ltd. (China), Aekyung Petrochemical Co. Ltd. (South Korea).

  • At what CAGR is the market projected to grow within the forecast period?

    The market is project to grow at a CAGR of 3.9% between 2021 and 2028.

  • What are the driving factors fueling the growth of the market.

    The driving factors of the Maleic Anhydride include

    • Increasing demand for UPR and lubricant additives in the automotive industry

  • Which region accounted for the largest share in the market?

    Asia Pacific was the leading regional segment of the Maleic Anhydride in 2020.

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