Maleic Anhydride Price, Trend, Prices & Market Analysis | ChemAnalyst

The global Maleic Anhydride Market size is expected to value at USD 4.11 billion by 2024, due to the growing usage as a platform chemical for production of a broad range of chemicals such as co-polymers, 1,4-butanediol (BDO) and unsaturated polyester resins (UPR).

Exponential growth in the lubricant industry, in the recent years is anticipated to drive the market demand for maleic anhydride over the forecast period.Increasing demand for maleic anhydride from various end-use industries such as automotive industry and construction sector, particularly in China and India, is predicted to boost the market growth over the next seven years.

Increasing adoption of n-butane over the traditional benzene compound due to reduce the effect of volatile crude oil prices is expected to favor market expansion over the coming years.Other factors responsible for the sustained growth of maleic anhydride market, in the recent years, include steady supply and demand regime and stability in cost of raw materials and spot prices.

However, volatility in cost of crude oil and availability of alternate materials are expected to limit market growth to a certain extent over the forecast period.Substantial growth in construction sector owing to the higher infrastructural spending and improving infrastructure, particularly in BRICS economies such as Brazil, Russia, India, China and South Africa are expected raise copolymer and UPR demand over the next seven years.

The unsaturated polyester resin (UPR) is considered as one of the fastest growing segment in the maleic anhydride industry with substantial revenue generation in the last few years.Growing popularity of the unsaturated polyester resin (UPR) segment is attributed to the increasing demand from various end-user industries such as building & construction and automotive, majorly in developing economies of Asia Pacific and Latin America region.

The butanediol (BDO) segment has also witnessed substantial growth owing to the growing adoption for production of methyl ethyl ketone (MEK) and 1,3 butadiene.The maleic anhydride market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa.

Styrene maleic anhydride (SMA) is a synthetic polymer that is built-up of styrene and maleic anhydride monomers.

The polymer is formed by a radical polymerization, using an organic peroxide as the initiator.

The main characteristics of SMA copolymer are its transparent appearance, high heat resistance, high dimensional stability, and the specific reactivity of the anhydride groups.

The latter feature results in the solubility of SMA in alkaline (water-based) solutions and dispersion.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/30209/global-styrenemaleic-anhydride-copolymer-2019-2024-519 SMA resin has excellent performance, so in the automotive sector has been widely used; it also develops quickly in the field of powder coatings and leather products quickly.

So it will show steady growth trend in the next few years, the study group estimates compound annual growth rate will reach about 4.2% in the next few years.SMA resins are mainly produced by styrene and maleic anhydride; they are common chemicals, while global supply is adequate.The world’s major producer of SMA resins concentrates in Europe and the United States, the two regions are also the largest consumers, while in the Asia Pacific region, the application of SMA resin is still in its infancy, especially in China, the annual consumption is about 1200MT, is far below the average level in Europe and America.

In recent years the price of SMA resins impacted by the market of raw materials, prices showing a declining trend, but not much.

Overview: The Maleic Anhydride Market is enjoying positive growth rate owing to its percolation in coating and polymer industries.

But its well-cemented foothold in the automotive sector is what makes it a gainer.

The report on the same market published by Market Research Future (MRFR) further incorporates a detailed analysis of the drivers such as the production of 1,4-butanediol (BDO), unsaturated polyester resins (UPR) and lubricants to provide an accurate maleic anhydride market scenario.

However, the maleic anhydride market is facing a steep task of overcoming the threats posed by government regulations and green alternatives.

Governments have issued regulations to curb the practice.

Get Sample Pdf @ https://www.marketresearchfuture.com/sample_request/6710Prominent Key Players: Ashland Inc. (US), Bartek Ingredients Inc. (Canada), Bluestar Harbin Petrochemical Corp. (China), Huntsman Corporation (US), Lanxess (Germany), Marathon Petroleum Corp. (US), Fuso Chemical Co. (Japan), Mitsubishi Chemical Corporation (Japan), Nan Ya Plastics Co.(China), Changzhou Yabang Chemical Co. Ltd (China), Helm AG (Germany), Polynt Group (Italy), Ningbo Jiangning Chemical (China), Nippon Shokubai Co. Ltd (Japan), Thirumalai Chemicals Ltd (India), and others.

The research report includes specific segments by region (country), by company, by Type and by Application.

This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026.

Understanding the segments helps in identifying the importance of different factors that aid the market growth.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/62225/global-maleic-anhydride-grafted-polypropylene-2020-721Segment by Type, the Maleic Anhydride Grafted Polypropylene market is segmented into:Homopolymer TypeCopolymer TypeSegment by Application:Coupling AgentCompatibilizerAdhesiveOthersGlobal Maleic Anhydride Grafted Polypropylene Market: Regional AnalysisThe Maleic Anhydride Grafted Polypropylene market is analysed and market size information is provided by regions (countries).

The report includes country-wise and region-wise market size for the period 2015-2026.

It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.The key regions covered in the Maleic Anhydride Grafted Polypropylene market report are:North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaUAEGlobal Maleic Anhydride Grafted Polypropylene Market: Competitive AnalysisThis section of the report identifies various key manufacturers of the market.

It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market.

A novel research report on Global Maleic Anhydride Market has been recently published by Reports and Data covering latest trends and key market developments during the forecast period from 2018 to 2027.

The report offers an in-depth analysis of forecast insights, market size, emerging trends, revenue growth, top companies, growth factors, restraints and opportunities in the global Maleic Anhydride market.

The report also offers an accurate analysis of competitive landscape, sales statistics and regional manufactures.

The report also provides insights of the top key companies operating the market.To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/maleic-anhydride-marketFurther key findings from the report suggestBy form, the solid form of maleic anhydride contributed to the largest market share in 2018 and is likely to grow at a rate of 5.8% in the forecast period.By application, unsaturated polyester resins accounted for the largest market share in 2018 and is expected to experience a growth rate of 6.0% in the forecast period.

Unsaturated polyester resins find extensive usage in a variety of applications owing to their range of mechanical properties, low weight, and corrosion resistance.

Also, apart from weight reduction, automotive parts made from unsaturated polyester resins are used to reduce painting costs.Europe held the second-largest market share in 2018 and is likely to grow at a rate of 5.4% in the forecast period.

Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/97613/global-maleic-anhydride-2021-219 Maleic anhydride is a colorless or white solid with an acrid odor.

Its major end use, representing well over half of global demand, is in the manufacture of unsaturated polyester resins, where its cross-linking abilities are important.The global Maleic Anhydride market was valued at 221.31 Million USD in 2020 and will grow with a CAGR of 9.12% from 2020 to 2027, based on Researcher newly published report.Maleic anhydride has many applications and the largest consumer comes from unsaturated polyester resin industry.

The latter technology is becoming the mainstream technology currently.

Affected by the downstream industry and poor profits, benzene oxidation maleic anhydride manufacturers prefer to hold wait-and- see attitudes toward the market for the time being.By Market Verdors:Huntsman CorporationSasol-HuntsmanAshlandPolyntLANXESSThirumalai Chemicals Ltd.Flint Hills ResourcesBASFYONGSAN CHEMICALS,INCDSMMitsubishi ChemicalNIPPON SHOKUBAIElekeiroz SABartek IngredientsKorea PTGCEPSAMOL GroupMitsui ChemicalsChangzhou Yabang ChemicalTianjin Bohua Zhonghe ChemicalQiaoyou ChemicalZibo Qixing Tengda ChemicalZhejiang Jiangshan ChemicalHongxin ChemicalShengyuan GroupJiangyin Shunfei Fine chemicalJiangsu Zhongteng ChemicalHuanghua Hongcheng BusinessShanxi Hengqiang ChemicalChangzhou Shuguang ChemicalShijiazhuang Bailong ChemicalUPC GroupJiangsu ChangSanJiao Fine ChemicalBy Types:Solid Maleic AnhydrideMolten Maleic AnhydrideBy Applications:unsaturated polyester resins (UPR)lubricantswater treatment chemicalsfoodstuffspharmaceuticalssoftening agentsherbicidespesticidesKey Indicators AnalysedMarket Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027.

With detailed analysis by types and applications.Market Trends: Market key trends which include Increased Competition and Continuous Innovations.Opportunities and Drivers: Identifying the Growing Demands and New TechnologyPorters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.Key Reasons to PurchaseTo gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.Assess the production processes, major issues, and solutions to mitigate the development risk.To understand the most affecting driving and restraining forces in the market and its impact in the global market.Learn about the market strategies that are being adopted by leading respective organizations.To understand the future outlook and prospects for the market.Besides the standard structure reports, we also provide custom research according to specific requirements.Reasons to Purchase Our Research Report:1.

Market dynamics scenario, along with growth opportunities of the market in the years to come3.

The Global Maleic Anhydride Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.

The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.

The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on application.

These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.

The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Leading Segment in this market:By Application – Unsaturated polyester resinBy Geography – Asia PacificFinal Report will cover the impact of COVID-19 on this industry.Browse the complete Global Maleic Anhydride Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/10301-maleic-anhydride-market-reportThe report also covers the complete competitive landscape of the global Maleic Anhydride market with company profiles of key players such as:Ashland Inc.Baotie HebeiBartek IngredientsChangfeng ShanghaiChangzhou Yabang Chemical Co. Ltd.Compania Espanola de Petroleos, S.ADSM N.V.Huntsman CorporationJiangyin ShunfeiLanxess A.G.Merck & Co. Inc.Mitsubishi ChemicalsMOL Hungarian Oil & Gas PlcNippon Shokubai Co. Ltd.Polynt S.p.ASasolShanxi Qiaoyou Chemical Industrial Group Co. Ltd.Thirumalai Chemicals Ltd.Tianjin Bohai ChemicalsA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Applications:Unsaturated Polyester Resin (UPR)1,4-Butanediol (BDO)AdditivesCopolymersOthersBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Maleic Anhydride Market @ https://www.decisiondatabases.com/contact/download-sample-10301The Global Maleic Anhydride Market has been exhibited in detail in the following chapters –Chapter 1 Maleic Anhydride Market PrefaceChapter 2 Executive SummaryChapter 3 Maleic Anhydride  Industry AnalysisChapter 4 Maleic Anhydride Market Value Chain AnalysisChapter 5 Maleic Anhydride Market Analysis By ApplicationsChapter 6 Maleic Anhydride Market Analysis By GeographyChapter 7 Competitive Landscape Of Maleic Anhydride CompaniesChapter 8 Company Profiles Of Maleic Anhydride IndustryPurchase the complete Global Maleic Anhydride Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10301Other Reports by DecisionDatabases.com:Global Phthalic Anhydride Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Sodium Borohydride Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

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Maleic Anhydride market is colourless or white solid with acrid odour.

North America and Europe has seen a modest growth in past few years.

China s maleic anhydride demand grew rapidly in past decade and now it is experiencing slow growth on account of steady polyester demand.

South East Asia and Middle Eastern regions are predicted to witness a strong growth on account of its high GDP growth rates.

Maleic anhydride is used in applications such as unsaturated polyester resins (UPR), copolymers, lubricating oil additives, alkynyl succinic anhydrides, maleic acid, fumaric acid, agricultural chemicals and others.Global MAN market is estimated to grow at CAGR of 3% in the long-term forecast.

The other industries that impact the overall demand of MAN include automotive and marine industries.According to Prismane Consulting Herfindahl Herschmann index (HHI) calculation, the market appears to be highly concentrated as the leading producer Huntsman accounts for less than 10% of the global capacity market.