Global Maleic Anhydride Market | MarketResearchReports.biz
Maleic anhydride is flammable, colorless, and has an acrid odor. It is produced from the oxidation of n-butane and benzene. The process of conversion of n-butane and benzene is through fixed bed, fluidized bed, and moving bed or catalyst bed at high temperatures. Maleic anhydride is used in products ranging from resin materials to pesticide sprays. Maleic anhydride is an important intermediate in the fine chemical industry, particularly in the manufacture of lubricating oil and agricultural chemicals additives. It is also used as a component of various copolymers in the engineering polymers sector. The fundamental process of maleic anhydride production includes feed preparation, oxidation reaction, product separation, product purification, and energy recovery.
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Technavios analysts forecast the global maleic anhydride market to grow at a CAGR of 6.62% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global maleic anhydride market for 2017-2021. To calculate the market size, the report considers the sales generated for maleic anhydride for various applications have been taken into consideration.
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The market is divided into the following segments based on geography:
Technavio's report, Global Maleic Anhydride Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Flint Hills Resources
Other prominent vendors
Changzhou Yabang chemicals
China National Bluestar (Group)
Mitsubishi Chemical Holdings
Ningbo Jiangning Chemical
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Diversified application for beneficial properties
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Fluctuating raw material prices
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Production of alkyd resin using maleic anhydride
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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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
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