The Maleic Anhydride market size is projected to reach a CAGR of 4.3% from 2022 to 2028.
Maleic anhydride is a cyclic anhydride of dicarboxylic acid the maleic acid. Maleic anhydride is majorly used for the resin formation and also acts as an allergen. C₂H₂(CO) is the chemical formula of Maleic anhydride.
Growing demand of UPR and lubricating additives in the automotive industry are some of the factors that have supported long-term expansion for Maleic Anhydride Market.
COVID-19 had a negative effect on the market, the fall in the prices of oil along with the supply chain disruption has led the market to witnessed in the growth trend of the market during the first half of 2020.
Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry as because the automation has increased several folds in the region resulting into the expansion of the market in the region.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 4.3% during the forecasting period, 2022-2028 |
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Historical Data |
2019-2020 |
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Forecast Years |
2022-2028 |
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Base Year |
2021 |
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Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
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Report Segmentation |
Raw Material, Application and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Huntsman International LLC, LANXESS AG, Ashland Inc., Zibo Qixiang Tengda Chemical, Ningbo Jiangning Chemical Co., Ltd., Polynt—Reichhold Group, Nippon Shokubai Co., Ltd., Mitsubishi Chemical Corporation, Gulf Advanced Chemical Industries Co., Ltd. (GACIC), and Global Ispat Koksna Industrija d.o.o. Lukavac |
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Available Customization |
In addition to the market data for Maleic Anhydride Measurement Systems Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Maleic Anhydride Measurement Systems Market is segmented into Raw Material, Application and region.
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