Press release
Maleic Anhydride Market Analysis, Size, Applications Share, Trends & Forecast To 2031
Maleic Anhydride Market
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MARKET SEGMENTS
By Raw Material
n-butane
Benzene
By Application
UPR
1,4-BDO
Lubricating Oil Additives
Copolymers
Others
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KEY PLAYERS
Huntsman Corporation
Ineos
Ashland Inc.
Flint Hills Resources, LLC (USA),
Changzhou Yabang Chemical Co., Ltd.
Shanxi Qiaoyou Chemical Co., Ltd.
Polynt-Reichhold Group
Zibo Qixiang Tengda Chemical Co., Ltd.
Mitsubishi Chemical Corporation
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KEY TRENDS
The key trends in Maleic Anhydride technology are the development of new synthesis methods, the use of new catalysts, and the development of new uses for Maleic Anhydride.
The traditional method for producing Maleic Anhydride is the thermal oxidation of n-butane. However, this process has several drawbacks, including the need for high temperatures and pressures, and the formation of by-products that can be difficult to remove. As a result, there has been a push to develop new synthesis methods that are more efficient and produce fewer by-products.
One promising new synthesis method is the direct oxidation of benzene. This process uses a catalyst to convert benzene into Maleic Anhydride at lower temperatures and pressures than the traditional process. This method also produces less of the by-products that can be difficult to remove.
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