Precision Business Insights has published a report on the global maleic anhydride market, estimating its value at USD 4,570.3 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/maleic-anhydride-market

Market Definition:

The formula for the organic chemical compound maleic anhydride is C₄H₂O₃. A common industrial chemical intermediary in the manufacturing of several resins, coatings, and plasticizers, it is a colorless or white crystalline solid with an unpleasant odor.

Drivers:

1) Growing Demand for Unsaturated Polyester Resins (UPR)
2) Expanding Automotive and Transportation Sectors

The global maleic anhydride market segmentation:

By Raw Material (Benzene, Butane), By Application (Unsaturated Polyester Resins (UPR), 1,4 BDO, Copolymers, Lubricating Oil Additives, Alkenyl Succinic Anhydrides, Malic Acid, Fumaric Acid, Agricultural Chemicals, and Others), By End-user Industry (Construction, Automobile, Food and Beverage, Oil Products, Electronics, Personal Care, Pharmaceuticals, and Agriculture)

Regional Overview:
The report also examines the current concerns and their Future Effects on the maleic anhydride market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the maleic anhydride market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Changzhou Yabang Chemical Co., Ltd. Bluestar Harbin Petrochemical Co, Ltd. IG Petrochemicals Ltd, Lanxess AG, Mitsubishi Chemical Holding, Huntsman Corporatio, Gulf Advanced Chemical Industries Co., Ltd. (GACIC Taiyuan Qiaoyou Chemical Co Ltd, Ningbo Jiangning Chemical Co., Ltd., Nan Ya Plastic, Yongsan Chemical Co., Ltd Shijiazhuang Bailong Chemical Co., Ltd Nippon Shokubai Co., Ltd, Zibo Qixiang Tengda Chemica, Polynt-Reichhold Group

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