Maleic Anhydride Market Key Players & Growth Rate and Forecasts to 2032 | Top Leading Key Companies are Ashland Inc, Compania Espanola de Petroleos, S.A, DSM N.V., Flint Hills Resources, Huntsman Corporation, Lanxess A.G

Maleic Anhydride Market report covers share, size, and forecast by top players, regions, applications, and product types, and forecast from 2023 to 2032, along with historical data. The Maleic Anhydride Market study covers in-depth insights on competitive scenario, description, wide product portfolio of key vendors, SWOT analysis, business strategy adopted by competitors, revenue, Porter's Five Forces Analysis, and sales estimates. The report's primary objective is to supply a further illustration of the newest scenario, economic slowdown, and War situations impact on the overall industry and exhaustive scope to cover all the possible segments helping every stakeholder in the Maleic Anhydride market.

Request FREE Sample of this Report @ https://www.quincemarketinsights.com/request-sample-58782?ophrk

Maleic Anhydride is maleic acid in its anhydrous form. It has the molecular formula C2H2(CO)2O and is an organic compound. Maleic anhydride is a colourless white solid with a dry odour. It is manufactured on a large scale for use in coatings and polymers. Benzene oxidation was traditionally used to produce maleic anhydride. Only a few manufacturers are still using this method. N-butane is another compound used in the production of maleic anhydride. Maleic anhydride is relatively safe for the environment. Maleic anhydride exposure in humans can cause irritation of the respiratory tract, eyes, and skin.

Key Factors Impacting Market Growth:

• Increasing demand for UPR & 1,4-BDO from the automotive industry

The increasing sales of passenger cars and commercial vehicles drive the maleic anhydride market in the automotive industry. Maleic anhydride is used as an ingredient in UPR, which is further used to manufacture automotive composites, such as closure panels, body panels, fenders, Grille Opening Reinforcement (GOR), heat shields, headlamp reflectors, and pick-up boxes. Maleic anhydride copolymers are also used to manufacture lubricant additives, such as viscosity index improver, pour point depressant, and dispersant. The increasing sales of passenger and commercial vehicles, globally, are driving the overall maleic anhydride market.

Recent Development:

• In July 2020, Polynt-Reichhold Group announced to build a 50,000 tons capacity greenfield maleic anhydride plant, to be located at its Morris, Illinois site.
• In September 2019, Huntsman Corporation acquired its remaining 50% interest in the Sasol-Huntsman maleic anhydride joint venture. The acquisition helped Huntsman fully integrate its European business and cater to the specific needs of its key customers, including construction and coatings.

Maleic Anhydride Market Players

The Top Leading Key Companies are
• Ashland Inc
• Compania Espanola de Petroleos
• S.A
• DSM N.V.
• Flint Hills Resources
• Huntsman Corporation
• Lanxess A.G.
• Mitsubishi Chemicals
• MOL Hungarian Oil & Gas Plc
• Merck & Co.
• Nippon Shokubai Co.
• Polynt S.p.A
• Thirumalai Chemicals Ltd.
• Changzhou Yabang Chemical Co. Ltd
• Shanxi Qiaoyou Chemical Industrial Group Co. Ltd.
• Tianjin Bohai Chemicals.
• Sasol
• Jiangyin Shunfei

Segment Analysis

By identifying these segments, marketing strategies can be developed to meet the priorities in a cost-effective way. Maleic Anhydride Market is segmented By Application (Unsaturated polyester resin (UPR), 1,4- butanediol (BDO), Additives, Copolymers, Others)

Regional Analysis:

➸ North America (United States, Canada and Mexico)
➸ Europe (Germany, UK, France, Italy, Russia and Turkey, Rest of Europe)
➸ Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam Rest of Asia)
➸ South America (Brazil, Argentina, Columbia, Reset of South America)
➸ Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and Rest of South Africa & Middle East)

Purchase this report for the following reasons:

• The Maleic Anhydride Market research provides a detailed examination of evolving competitive dynamics.
• It provides a forward-looking viewpoint on numerous driving variables or market evolution prevention strategies.
• It presents a Ten-year prediction based on how the Maleic Anhydride Market is expected to expand. It aids in the knowledge of major product areas and their future prospects in the Maleic Anhydride industries.
• It gives a precise understanding of changing competitive dynamics and keeps one-step ahead of the competition.
• It assists in making informed commercial decisions by providing complete market insights and extensive market segment analyses.

TOC Of Maleic Anhydride Market Report @ https://www.quincemarketinsights.com/request-toc-58782?ophrk

Quince Market Insights
Phone: APAC +91 706 672 4343 / US +1 208 405 2835 / UK +44 1444 39 0986
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

QMI has the most comprehensive collection of market research and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, products and patterns.

This release was published on openPR.