Press release
Maleic Anhydride Market to Grow at 6.8% CAGR, Reaching $5.16 Billion by 2029
Maleic Anhydride
Maleic Anhydride Market Outlook: How is the Market Expected to Grow by 2025?
The market size of maleic anhydride has seen significant expansion in the past few years. Estimated to rise from $3.75 billion in 2024 to $3.97 billion in 2025, it has a compound annual growth rate (CAGR) of 5.9%. The growth experienced during the historic period is credited to the expansion in chemical manufacturing, polymer production, construction and infrastructure sectors, the automotive industry, as well as furniture and appliances.
Maleic Anhydride Market Forecast: What Size Will It Reach By 2029?
The market for maleic anhydride is projected to experience substantial expansion in the ensuing years, with an estimated worth of $5.16 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.8%. The projected growth during this period can be linked to factors such as environmental regulations, the use of plasticizers and resins, the transportation sector, electronic devices, and the packaging industry. Key trends expected during this forecast period encompass smart materials and composites, green infrastructure, innovations in sustainable chemistry, bio-based maleic anhydride, and advanced applications of polymers.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/maleic-anhydride-global-market-report
Which Key Market Drivers Will Shape Maleic Anhydride Industry Trends in 2025-2029?
The global expansion of the automotive industry has played a significant part in promoting the growth of the maleic anhydride market. The automotive industry consists of the production and marketing of motorised vehicles, ranging from passenger cars to trucks, agricultural equipment, and other commercial vehicles. The industry prefers using an unsaturated polyester resin (UPR), a derivative of maleic anhydride, for the manufacture of parts owing to its design flexibility, lightness, and robust physical characteristics. For example, the global car market, as reported by Belgium's European Automobile Manufacturers Association in March 2024, recuperated remarkably in 2023, with sales escalating nearly 10% to cross 72 million units. The European car market stood out with a growth of 18.6% from the previous year. Both EU and Eastern European markets displayed a homogenous growth pattern, while Russia and Ukraine exhibited incredible growth rates of 63.5% and 58.9% respectively. Consequently, the maleic anhydride market and its product market have benefited from this surge.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5800&type=smp
What Are the High-Growth Segments in the Maleic Anhydride Market?
The maleic anhydride market covered in this report is segmented -
1) By Type: Solid Maleic Anhydride, Molten Maleic Anhydride
2) By Raw Material: Benzene, N-Butane
3) By Application: Unsaturated Polyester Resin, Copolymers, Lubricant Additives, Alkyl Succinic Anhydrides, Malic Acid, Fumaric Acid
4) By End User: Construction, Automobile, Food and Beverage, Oil Products, Electronics, Personal Care, Pharmaceuticals, Agriculture
Subsegments:
1) By Solid Maleic Anhydride: Crystalline Maleic Anhydride, Powdered Maleic Anhydride
2) By Molten Maleic Anhydride: Liquid Maleic Anhydride
Which Global Trends Are Driving Maleic Anhydride Market Expansion?
Augmented funding into research and development is becoming a prominent trend in the maleic anhydride markets. The primary pharma companies engaged in this market are diligently investigating the capabilities of L-malic acid for use in dietary supplements. A substantial demand globally speaks volumes of its potential as a cardioprotective and immunity-enhancing ingredient. As an example, the most current and the tenth versions of the international maleic anhydride market size outlook till 2028 speculate the market to document a moderate-to-high escalation rate throughout the projected timespan. Leading companies in the maleic anhydride market are making concerted efforts to roll out novel products by tactically minimizing their R&D expenditures and scouting for investment prospects. Furthermore, malic acid's potential effectiveness in dealing with fibromyalgia patients has enticed considerable R&D funding from numerous pharmaceutical corporations.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=5800&type=smp
Who Are the Fastest-Growing Companies in the Maleic Anhydride Industry?
Major companies operating in the maleic anhydride market include Huntsman Corporation, Lanxess AG, Mitsubishi Chemical Corporation, HELM AG, Ningbo Jiangning Chemical Co. Ltd., Nippon Shokubai Co. Ltd., Ashland Global Holdings Inc., Changzhou Shuguang Chemical Co. Ltd., Bartek Ingredients Inc., BASF SE, Cepsa Química S.L.U., Polynt S.p.A., Sasol Limited, Flint Hills Resources LP, Zibo Qixing Tengda Chemical Co. Ltd., Yongsan Chemicals Inc., Tianjin Bohai Chemicals, Thirumalai Chemicals Limited, Gulf Advanced Chemical Industries Co. Ltd., MOL Group, Yunnan Yunwei Company Limited, Jiangyin Shunfei Fine Chemical Co. Ltd., Jiangsu Zhongteng Chemical Co. Ltd., Fuso Chemical Co. Ltd., Mitsui Chemicals Inc., Shandong Hongxin Chemical Co. Ltd., Baotie Hebei Chemical Industry Co. Ltd., Aekyung Petrochemical Co. Ltd., DSM NV, Merck & Co. Inc., Bluestar Harbin Petrochemical Corporation, INEOS, NAN YA PLASTICS CORPORATION, China National Chemical Corporation, Hexion Inc., Lonza Group AG, Zibo Qixiang Tengda Chemical Co. Ltd., Zhejiang Weishi Biotechnology Co. Ltd., Zouping Qili Additives Co. Ltd.
What Is the Regional Outlook for the Maleic Anhydride Market by 2029?
Asia-Pacific was the largest region in the maleic anhydride market share in 2024 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the maleic anhydride market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Speak With Our Expert: Saumya Sahay: Americas +1 310-496-7795: Asia +44 7882 955267 & +91 8897263534: Europe +44 7882 955267: Email: saumyas@tbrc.info: The Business Research Company - www.thebusinessresearchcompany.com: Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Maleic Anhydride Market to Grow at 6.8% CAGR, Reaching $5.16 Billion by 2029 here
News-ID: 4159108 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Anhydride
Key Factor Supporting Maleic Anhydride Market Development in 2025: Global Demand …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Maleic Anhydride Market Size By 2025?
The size of the maleic anhydride market has experienced robust growth in the past few years. A surge from $3.75 billion in 2024 to $4.03 billion in 2025 is expected, representing a compound annual growth rate (CAGR) of 7.5%. The expansion during the historic…
Phthalic Anhydride Market - Segmentation Analysis and Forecast
Global Phthalic Anhydride Market is growing at a rate of 3.10% for the forecast period of 2020 to 2027.
In the winning Global Phthalic Anhydride Market report, competitor strategies are also analysed in regard of their recent developments, new product launches, joint ventures, mergers and acquisition which helps to guess the scope of improvement for the client business. No stone is left unturned while analysing the market and preparing this market…
Global Chromic Anhydride Market Analysis (2020-2025)
Global Info Research offers a latest published report on Chromic Anhydride Analysis and Forecast 2020-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Chromic Anhydride Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/reports/519610/chromic-anhydride
Market…
Actionable Insights in Global Maleic Anhydride Market
As per new analytical studies published by GME, the Maleic Anhydride Market is tended to identify a striking amplification in CAGR by 5.8% covering the estimated duration (2020-2026). Maleic anhydride [C₂H₂(CO)₂O] is an organic compound. Maleic Anhydride is formed by oxidization of benzene or butane. Colorless, solid white, and acrid odor are some of the features of maleic anhydride. The applicability of maleic anhydride can be seen used in industries…
Global Acetic Anhydride Market Research Report 2025
The global Acetic Anhydride market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.
This report focuses on Acetic Anhydride volume and value at global level, regional level and company level. From a global perspective, this report represents overall Acetic Anhydride market size by analyzing historical data and future prospect. Regionally, this report focuses on…
Anhydrides Market Report 2018: Segmentation by Composition (Organic, Inorganic, …
Global Anhydrides market research report provides company profile for Huntsman International LLC (US), LANXESS (Germany), BASF SE (Germany), Celanese Corporation (US), E. I. du Pont de Nemours and Company (US), Eastman Chemical Company (US), Solvay S.A. (Belgium), Akzo Nobel N.V (Netherlands) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in…
