"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Maleic Anhydride Market Size, Share & Industry Analysis, By Raw Material (N-Butane, Benzene), By Application (Unsaturated Polyester Resin, Copolymers, Lubricating Oil Additives, Alkenyl Succinic Anhydrides, Malic Acid, Fumaric Acid, Agricultural Chemicals, Others)Others and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102192 | Status : Ongoing



Maleic Anhydride is an anhydrous form of maleic acid. It is an organic compound with the molecular formula C2H2(CO)2O. Maleic anhydride is a colorless white solid that gives out an arid odor. It is produced on an industrial scale for the applications in coatings and polymers. Maleic anhydride was traditionally manufactured by oxidation of benzene. Currently, only a few manufacturers continue to use this process. The other compound which is used in the manufacturing of maleic anhydride is n-butane. Maleic anhydride comparatively poses low environmental risks. Exposure of maleic anhydride to humans can cause irritation to the respiratory tract, eyes, and skin.

The key market driver for the global maleic anhydride market is the increase in the demand for lubricating oil additives across several regions. Additives are used to improve fuel efficiency for petrol, diesel, and other lubricants. Rising concerns regarding the toxic emissions have impelled the regulatory organizations across the globe to mandate the use of cleaner fuels, which has increased the demand for oil additives.

Key Market Driver -

Rise in demand for lubricating oil additives

Key Market Restraint -

Concerns related the depletion of crude oil

Key market restraint for the global maleic anhydride market is the concerns related to the depletion of crude oil. Maleic anhydride is majorly produced from butane. Hence, the depleting level of crude oil will act as a market restraint for maleic anhydride market.

Market Segmentation:

Based on raw material, the market is segmented into n-butane and benzene. Based on application, maleic anhydride market can be segmented into unsaturated polyester resin, copolymers, lubricating oil additives, alkenyl succinic anhydrides, malic acid, fumaric acid, agricultural chemicals, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

Some of the notable companies in global maleic anhydride market are Huntsman Corporation, LANXESS A.G., Mitsubishi Chemicals, Compania Espanola de Petroleos, S.A., Nippon Shokubai Co., Ltd, MOL Hungarian Oil & Gas Plc., Polynt S.p.A, Changzhou Yabang Chemical Co. Ltd., Jiangyin Shunfei, Yongsan Chemicals Inc., and Ashland Inc.

Key Insights

  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios

  • Porters Five Forces Analysis

Regional Analysis:

To gain extensive insights into the market, Request for Customization

The global maleic anhydride market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to be the largest market for maleic anhydride. Rapid industrialization, construction activities, and increase in demand for automobiles in the Asia Pacific region is responsible for the growth. North America and Europe have witnessed moderate growth in the maleic anhydride market because of the environmental regulations related to the emission of greenhouse gases imposed by government agencies.




By Raw Material

  • N-Butane

  • Benzene

By Application

  • Unsaturated Polyester Resin

  • Copolymers

  • Lubricating Oil Additives

  • Alkenyl Succinic Anhydrides

  • Malic Acid

  • Fumaric Acid

  • Agricultural Chemicals

  • Others

By Geography

  • North America (U.S., Canada)

  • Europe (Germany, France, UK, Italy, Russia, Rest of Europe)

  • Asia Pacific (China, Japan, India, South Korea, Rest of Asia Pacific)

  • Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

  • Middle East & Africa (Saudi Arabia, South Africa, UAE, Rest of Middle East & Africa)

Key Industry Developments

  • In September 2019, Huntsman Corporation completed acquisition of remaining 50% interest in Sasol-Huntsman maleic anhydride joint venture from Sasol. Huntsman now owns 100% of the entity with manufacturing plants located in Moers, Germany, and the capacity to produce 230 million pounds annually of maleic anhydride.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

LG Chem

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.