Press release
Maleic Anhydride Grafted Polypropylene Market Projected to Hit USD 543 Million by 2031, Growing at a 4.1% CAGR from 2025 to 2031
The global market for Maleic Anhydride Grafted Polypropylene was estimated to be worth US$ 412 million in 2024 and is forecast to a readjusted size of US$ 543 million by 2031 with a CAGR of 4.1% during the forecast period 2025-2031.
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Global Maleic Anhydride Grafted Polypropylene companies include Eastman, SI Group, Clariant, SK Functional Polymer and ExxonMobil, etc. Global top 3 companies hold a share over 46%. North America is the largest market, with a share about 47%, followed by Europe and China.
The global market for maleic anhydride grafted polypropylene (MAH-g-PP) has been experiencing steady growth, driven by its increasing use in various industries due to its enhanced compatibility and performance properties. MAH-g-PP is widely employed in automotive, construction, and packaging applications, where its ability to improve the adhesion between polypropylene and other materials is highly valued. The growing demand for lightweight, durable, and high-performance materials in these sectors is fueling the expansion of the MAH-g-PP market. Additionally, the automotive industry's focus on reducing vehicle weight to improve fuel efficiency and meet regulatory standards is boosting the adoption of MAH-g-PP in automotive components.
Technological advancements and innovations in polymer chemistry are contributing to the development of more efficient and cost-effective MAH-g-PP products. Improved grafting techniques and formulations are enhancing the performance characteristics of MAH-g-PP, such as its compatibility with a broader range of fillers and reinforcements, and its resistance to environmental factors. The development of new applications and the expansion of MAH-g-PP's use in emerging markets are also driving growth. For instance, MAH-g-PP is increasingly used in the production of advanced composite materials for construction and infrastructure projects, where its superior bonding properties are beneficial.
However, the MAH-g-PP market faces challenges including fluctuating raw material prices and competition from alternative materials. The cost of maleic anhydride and polypropylene can impact production costs, affecting the pricing and competitiveness of MAH-g-PP. Additionally, the market faces competition from other compatibilizers and additives that offer similar benefits. Despite these challenges, the ongoing advancements in material science and the increasing demand for high-performance materials are expected to support continued growth in the MAH-g-PP market. As industries seek innovative solutions to meet performance and sustainability requirements, MAH-g-PP is likely to remain a key player in the development of advanced composite materials.
Details of Maleic Anhydride Grafted Polypropylene Market Segmentation: -
Key Manufacturers Operating in the Global Maleic Anhydride Grafted Polypropylene Market are:
Eastman
SI Group
Clariant
SK Functional Polymer
ExxonMobil
Westlake Chemical
Dow
Guangzhou Lushan New Materials
Fine Blend
Huangshan Banner Technology
Ningbo Materchem
Segment by Type:
Homopolymer Type
Copolymer Type
Segment by Application:
Automotive
Adhesives
Cable
Home Appliances
Others
Our market analysts are experts in deeply segmenting the global Maleic Anhydride Grafted Polypropylene market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Maleic Anhydride Grafted Polypropylene market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global Maleic Anhydride Grafted Polypropylene market and plan powerful business tactics to secure a position of strength in the industry.
Market Forecast
Our analysts gave importance to systematic data collection as one of the initial steps taken for successful sizing and forecasting of the global Maleic Anhydride Grafted Polypropylene market. Proprietary models of market segments integrating data from the supply and demand sides of the global Maleic Anhydride Grafted Polypropylene market were incorporated for the generation of critical market forecasts and data. The authors of the report then used standard processes for structured validation of preliminary values in the market model. This helped them to adjust the market model accordingly. Our analysts follow industry-best primary and secondary research techniques for accurate assessment and forecasting of key market segments and sub-segments.
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Table of Contents
1 Market Overview
1.1 Maleic Anhydride Grafted Polypropylene Product Introduction
1.2 Global Maleic Anhydride Grafted Polypropylene Market Size Forecast
1.2.1 Global Maleic Anhydride Grafted Polypropylene Sales Value (2020-2031)
1.2.2 Global Maleic Anhydride Grafted Polypropylene Sales Volume (2020-2031)
1.2.3 Global Maleic Anhydride Grafted Polypropylene Sales Price (2020-2031)
1.3 Maleic Anhydride Grafted Polypropylene Market Trends & Drivers
1.3.1 Maleic Anhydride Grafted Polypropylene Industry Trends
1.3.2 Maleic Anhydride Grafted Polypropylene Market Drivers & Opportunity
1.3.3 Maleic Anhydride Grafted Polypropylene Market Challenges
1.3.4 Maleic Anhydride Grafted Polypropylene Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Maleic Anhydride Grafted Polypropylene Players Revenue Ranking (2024)
2.2 Global Maleic Anhydride Grafted Polypropylene Revenue by Company (2020-2025)
2.3 Global Maleic Anhydride Grafted Polypropylene Players Sales Volume Ranking (2024)
2.4 Global Maleic Anhydride Grafted Polypropylene Sales Volume by Company Players (2020-2025)
2.5 Global Maleic Anhydride Grafted Polypropylene Average Price by Company (2020-2025)
2.6 Key Manufacturers Maleic Anhydride Grafted Polypropylene Manufacturing Base and Headquarters
2.7 Key Manufacturers Maleic Anhydride Grafted Polypropylene Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Maleic Anhydride Grafted Polypropylene
2.9 Maleic Anhydride Grafted Polypropylene Market Competitive Analysis
2.9.1 Maleic Anhydride Grafted Polypropylene Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Maleic Anhydride Grafted Polypropylene Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Maleic Anhydride Grafted Polypropylene as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Homopolymer Type
3.1.2 Copolymer Type
3.2 Global Maleic Anhydride Grafted Polypropylene Sales Value by Type
3.2.1 Global Maleic Anhydride Grafted Polypropylene Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Maleic Anhydride Grafted Polypropylene Sales Value, by Type (2020-2031)
3.2.3 Global Maleic Anhydride Grafted Polypropylene Sales Value, by Type (%) (2020-2031)
3.3 Global Maleic Anhydride Grafted Polypropylene Sales Volume by Type
3.3.1 Global Maleic Anhydride Grafted Polypropylene Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Maleic Anhydride Grafted Polypropylene Sales Volume, by Type (2020-2031)
3.3.3 Global Maleic Anhydride Grafted Polypropylene Sales Volume, by Type (%) (2020-2031)
3.4 Global Maleic Anhydride Grafted Polypropylene Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automotive
4.1.2 Adhesives
4.1.3 Cable
4.1.4 Home Appliances
4.1.5 Others
4.2 Global Maleic Anhydride Grafted Polypropylene Sales Value by Application
4.2.1 Global Maleic Anhydride Grafted Polypropylene Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Maleic Anhydride Grafted Polypropylene Sales Value, by Application (2020-2031)
4.2.3 Global Maleic Anhydride Grafted Polypropylene Sales Value, by Application (%) (2020-2031)
4.3 Global Maleic Anhydride Grafted Polypropylene Sales Volume by Application
4.3.1 Global Maleic Anhydride Grafted Polypropylene Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Maleic Anhydride Grafted Polypropylene Sales Volume, by Application (2020-2031)
4.3.3 Global Maleic Anhydride Grafted Polypropylene Sales Volume, by Application (%) (2020-2031)
4.4 Global Maleic Anhydride Grafted Polypropylene Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Maleic Anhydride Grafted Polypropylene Sales Value by Region
5.1.1 Global Maleic Anhydride Grafted Polypropylene Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Maleic Anhydride Grafted Polypropylene Sales Value by Region (2020-2025)
5.1.3 Global Maleic Anhydride Grafted Polypropylene Sales Value by Region (2026-2031)
5.1.4 Global Maleic Anhydride Grafted Polypropylene Sales Value by Region (%), (2020-2031)
5.2 Global Maleic Anhydride Grafted Polypropylene Sales Volume by Region
5.2.1 Global Maleic Anhydride Grafted Polypropylene Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Maleic Anhydride Grafted Polypropylene Sales Volume by Region (2020-2025)
5.2.3 Global Maleic Anhydride Grafted Polypropylene Sales Volume by Region (2026-2031)
5.2.4 Global Maleic Anhydride Grafted Polypropylene Sales Volume by Region (%), (2020-2031)
5.3 Global Maleic Anhydride Grafted Polypropylene Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
5.4.2 North America Maleic Anhydride Grafted Polypropylene Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
5.5.2 Europe Maleic Anhydride Grafted Polypropylene Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
5.6.2 Asia Pacific Maleic Anhydride Grafted Polypropylene Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
5.7.2 South America Maleic Anhydride Grafted Polypropylene Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
5.8.2 Middle East & Africa Maleic Anhydride Grafted Polypropylene Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Maleic Anhydride Grafted Polypropylene Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Maleic Anhydride Grafted Polypropylene Sales Value
6.2.1 Key Countries/Regions Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
6.2.2 Key Countries/Regions Maleic Anhydride Grafted Polypropylene Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
6.3.2 United States Maleic Anhydride Grafted Polypropylene Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Maleic Anhydride Grafted Polypropylene Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
6.4.2 Europe Maleic Anhydride Grafted Polypropylene Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Maleic Anhydride Grafted Polypropylene Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
6.5.2 China Maleic Anhydride Grafted Polypropylene Sales Value by Type (%), 2024 VS 2031
6.5.3 China Maleic Anhydride Grafted Polypropylene Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
6.6.2 Japan Maleic Anhydride Grafted Polypropylene Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Maleic Anhydride Grafted Polypropylene Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
6.7.2 South Korea Maleic Anhydride Grafted Polypropylene Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Maleic Anhydride Grafted Polypropylene Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
6.8.2 Southeast Asia Maleic Anhydride Grafted Polypropylene Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Maleic Anhydride Grafted Polypropylene Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Maleic Anhydride Grafted Polypropylene Sales Value, 2020-2031
6.9.2 India Maleic Anhydride Grafted Polypropylene Sales Value by Type (%), 2024 VS 2031
6.9.3 India Maleic Anhydride Grafted Polypropylene Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Eastman
7.1.1 Eastman Company Information
7.1.2 Eastman Introduction and Business Overview
7.1.3 Eastman Maleic Anhydride Grafted Polypropylene Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Eastman Maleic Anhydride Grafted Polypropylene Product Offerings
7.1.5 Eastman Recent Development
7.2 SI Group
7.2.1 SI Group Company Information
7.2.2 SI Group Introduction and Business Overview
7.2.3 SI Group Maleic Anhydride Grafted Polypropylene Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 SI Group Maleic Anhydride Grafted Polypropylene Product Offerings
7.2.5 SI Group Recent Development
7.3 Clariant
7.3.1 Clariant Company Information
7.3.2 Clariant Introduction and Business Overview
7.3.3 Clariant Maleic Anhydride Grafted Polypropylene Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Clariant Maleic Anhydride Grafted Polypropylene Product Offerings
7.3.5 Clariant Recent Development
7.4 SK Functional Polymer
7.4.1 SK Functional Polymer Company Information
7.4.2 SK Functional Polymer Introduction and Business Overview
7.4.3 SK Functional Polymer Maleic Anhydride Grafted Polypropylene Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 SK Functional Polymer Maleic Anhydride Grafted Polypropylene Product Offerings
7.4.5 SK Functional Polymer Recent Development
7.5 ExxonMobil
7.5.1 ExxonMobil Company Information
7.5.2 ExxonMobil Introduction and Business Overview
7.5.3 ExxonMobil Maleic Anhydride Grafted Polypropylene Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 ExxonMobil Maleic Anhydride Grafted Polypropylene Product Offerings
7.5.5 ExxonMobil Recent Development
7.6 Westlake Chemical
7.6.1 Westlake Chemical Company Information
7.6.2 Westlake Chemical Introduction and Business Overview
7.6.3 Westlake Chemical Maleic Anhydride Grafted Polypropylene Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Westlake Chemical Maleic Anhydride Grafted Polypropylene Product Offerings
7.6.5 Westlake Chemical Recent Development
7.7 Dow
7.7.1 Dow Company Information
7.7.2 Dow Introduction and Business Overview
7.7.3 Dow Maleic Anhydride Grafted Polypropylene Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Dow Maleic Anhydride Grafted Polypropylene Product Offerings
7.7.5 Dow Recent Development
7.8 Guangzhou Lushan New Materials
7.8.1 Guangzhou Lushan New Materials Company Information
7.8.2 Guangzhou Lushan New Materials Introduction and Business Overview
7.8.3 Guangzhou Lushan New Materials Maleic Anhydride Grafted Polypropylene Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Guangzhou Lushan New Materials Maleic Anhydride Grafted Polypropylene Product Offerings
7.8.5 Guangzhou Lushan New Materials Recent Development
7.9 Fine Blend
7.9.1 Fine Blend Company Information
7.9.2 Fine Blend Introduction and Business Overview
7.9.3 Fine Blend Maleic Anhydride Grafted Polypropylene Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Fine Blend Maleic Anhydride Grafted Polypropylene Product Offerings
7.9.5 Fine Blend Recent Development
7.10 Huangshan Banner Technology
7.10.1 Huangshan Banner Technology Company Information
7.10.2 Huangshan Banner Technology Introduction and Business Overview
7.10.3 Huangshan Banner Technology Maleic Anhydride Grafted Polypropylene Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Huangshan Banner Technology Maleic Anhydride Grafted Polypropylene Product Offerings
7.10.5 Huangshan Banner Technology Recent Development
7.11 Ningbo Materchem
7.11.1 Ningbo Materchem Company Information
7.11.2 Ningbo Materchem Introduction and Business Overview
7.11.3 Ningbo Materchem Maleic Anhydride Grafted Polypropylene Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Ningbo Materchem Maleic Anhydride Grafted Polypropylene Product Offerings
7.11.5 Ningbo Materchem Recent Development
8 Industry Chain Analysis
8.1 Maleic Anhydride Grafted Polypropylene Industrial Chain
8.2 Maleic Anhydride Grafted Polypropylene Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Maleic Anhydride Grafted Polypropylene Sales Model
8.5.2 Sales Channel
8.5.3 Maleic Anhydride Grafted Polypropylene Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
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