Maleic Anhydride Market Overview 2025-2032: Chemical Profile, Market Investments and Industrial Significance By Plastics, Resins & Additives, Lubricants & Surface Coatings

Global Maleic Anhydride market size reached US$ 4.60 billion in 2024 and is expected to reach US$ 6.83 billion by 2032, growing with a CAGR of 5.06% during the forecast period 2025-2032.

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Maleic anhydride is an organic compound primarily used as a chemical intermediate in the production of unsaturated polyester resins, lubricating oil additives, and various coatings. It is a colorless or white solid with a sharp odor and is commonly derived from the oxidation of benzene or butane.

List of the Key Players in the Maleic Anhydride Market:

Cepsa, INEOS, Huntsman International LLC, Lanxess A.G., Mitsubishi Chemical Corporation, MOL Hungarian Oil & Gas Plc, Nippon Shokubai Co., Ltd., Polynt Group, Thirumalai Chemicals Ltd., Jiangyin Shunfei, Tianjin Bohai Chemicals and among others.

Industry Development:

In June 2023, PETRONAS Chemicals Group Berhad (PCG) completed the acquisition of a maleic anhydride (MAn) plant with a production capacity of 113 kilotonnes per year, located in Gebeng, Kuantan. The facility was previously owned by BASF PETRONAS Chemicals Sdn. Bhd. (BPCS).

In November 2023, Clariant announced the acquisition of Jiangsu Shenghong Petrochemical Co., Ltd. As part of the agreement, Clariant's SynDane 3142 LA catalyst will be used in the construction of a new maleic anhydride manufacturing facility in Lianyungang, situated in China's Jiangsu province.

In October 2023, Huntsman resumed maleic anhydride production at its Moers plant in Germany, following a temporary halt due to unscheduled maintenance. The Moers facility is recognized for its significant annual production capacity of 105,000 tonnes of maleic anhydride.

Research Process:

Both primary and secondary data sources have been used in the global Maleic Anhydride Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Maleic Anhydride Market:

By Raw Material: Benzene, N-Butane

By Product Type: Unsaturated Polyester Resin, 1,4-Butanediol, Lubricant Additives, Maleic Anhydride Copolymers, Malic Acid, Furmaric Acid, Alkyl Succinic Anhydrides, Surfactants and Plasticizers, Other

By End-User: Construction, Automobile, Food and Beverage, Oil Products, Electronics, Personal Care, Pharmaceutical, Agriculture

Regional Analysis for Maleic Anhydride Market:

The regional analysis of the Maleic Anhydride Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Maleic Anhydride market?

➠ Who are the leading manufacturers in the global Maleic Anhydride industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Maleic Anhydride industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Maleic Anhydride market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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