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Maleic Anhydride Market

Maleic Anhydride Market

Maleic Anhydride Market Global Industry Assessment & Forecast

Number Of Pages # Pages:

144

Base Year:

2021

Date

Aug - 2022

Format:

PDF XLS PPT

Report Code:

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
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: USD 2.5 Billion
Revenue 2028Revenue 2028: USD 3.1 Billion
Revenue CAGRRevenue CAGR (2022 - 2028): 3.9%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Largest Region Largest Region (2021): 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.

 

FAQ
Frequently Asked Question
  • 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%.

  • 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).

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

  • The driving factors of the Maleic Anhydride include

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

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