Press release
Global Maleic Anhydride Market Forecast 2024-2033 - Market Size, Drivers, Trends, And Competitors
Maleic Anhydride Market
The Business Research Company's "Maleic Anhydride Global Market Report 2024 is a comprehensive source of information that covers every facet of the market. As per TBRC's market forecast, the maleic anhydride market size is predicted to reach $4.93 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%.
The growth in the maleic anhydride market is due to the rising demand for automobiles globally. Asia-Pacific region is expected to hold the largest maleic anhydride market share. Major players in the maleic anhydride market include Huntsman Corporation, Lanxess AG, Mitsubishi Chemical Corporation, HELM AG, Ningbo Jiangning Chemical Co. Ltd.
Maleic Anhydride Market Segments
• By Type: Solid Maleic Anhydride, Molten Maleic Anhydride
• By Raw Material: Benzene, N-Butane
• By Application: Unsaturated Polyester Resin, Copolymers, Lubricant Additives, Alkyl Succinic Anhydrides, Malic Acid, Fumaric Acid
• By End User: Construction, Automobile, Food and Beverage, Oil Products, Electronics, Personal Care, Pharmaceuticals, Agriculture
• By Geography: The global maleic anhydride market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Learn More On The Market By Requesting A Free Sample (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=5800&type=smp
The maleic anhydride is used for the manufacturing of unsaturated polyester resins (UPR), as lubricating oil additives, as dispersants, and corrosion inhibitors. It is a chemical intermediate formed after the oxidation of benzene or butane in the presence of a vanadium oxide catalyst. Maleic anhydride is a colorless or white solid, cyclic dicarboxylic anhydride organic chemical. MAN is used as a food preservative, flavor enhancer, and artificial sweetener after converting to maleic or fumaric acid and has broad applications in pharmaceutics, agricultural products, and surfactants.
The main types of maleic anhydride are solid maleic anhydride and molten maleic anhydride. Solid maleic anhydride is primarily used in the formation of unsaturated polyester resins and is in solid form in nature. Maleic anhydride is made of different raw materials such as benzene and n-butane that are used by end users in various sectors such as construction, automobiles, food and beverages, oil products, electronics, personal care, pharmaceuticals, and agriculture. Maleic anhydride is used in unsaturated polyester resin, copolymers, lubricant additives, alkyl succinic anhydrides, malic acid, fumaric acid.
Read More On The Maleic Anhydride Global Market Report At:
https://www.thebusinessresearchcompany.com/report/maleic-anhydride-global-market-report
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Maleic Anhydride Market Characteristics
3. Maleic Anhydride Market Trends And Strategies
4. Maleic Anhydride Market - Macro Economic Scenario
5. Maleic Anhydride Market Size And Growth
……
27. Maleic Anhydride Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Market
29. Maleic Anhydride Market Future Outlook and Potential Analysis
30. Appendix
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Maleic Anhydride Market size may have steady growth over forecasted timeframe owing to positive application outlook in copolymers, adhesives and unsaturated polyester resin (UPR).
Maleic anhydride is manufactured from butane or benzene by oxidation process. Benzene is available at higher cost than butane, which makes butane favourable raw material. Butane oxidation takes place in fluidised or fixed bed reactor.
Maleic anhydride is used in 1, 4- butanediol (BDO) chemical production which…
