Maleic Anhydride Market
Maleic Anhydride Market - Global Industry Assessment & Forecast
#
Pages:
144
2022
Aug - 2022
VMR-1780
Segments Covered
By
Raw Material N-Butane, Benzene
-
By
Application UPR, 1,4-BDO, Lubricating Oil Additives, Copolymers, Other Applications
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 2.08 Billion |
 Revenue 2030:
|
USD 2.81 Billion |
 Revenue CAGR
(2023 - 2030): |
3.80% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Maleic Anhydride Market by Raw Material by Application by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
During the primary research, several interviews were conducted with industry experts including CEOs, presidents, marketing executives, product development teams, and other such key executives from Maleic Anhydride industry. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview enables to gain first-hand information on global market size, regional and segmental trends, competitive landscape, industry impacting factors, and future market projection trends among others.
Data Triangulation and Market Size Estimations
After procuring data from secondary and primary research, both bottom-up and top-down approaches were utilized to process the data and estimate and validate the global Maleic Anhydride market size. Moreover, the same approaches were employed to estimate the market size for each segment/region/country. Apart from that, the data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market. All the market numbers i.e. percentage shares, segmental splits, breakdown of various numbers were determined from secondary sources and validated through extensive primary research before data triangulation.
Vantage Market
Research | 16-Aug-2022
FAQ
Frequently Asked Question
What is the global demand for Maleic Anhydride in terms of revenue?
-
The global Maleic Anhydride valued at USD 2.08 Billion in 2022 and is expected to reach USD 2.81 Billion in 2030 growing at a CAGR of 3.80%.
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 3.80% between 2023 and 2030.
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 2022.
