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The Maleic Anhydride Market Size was USD 3.7 Billion in 2023 and is expected to reach USD 5.3 Billion by 2032 and grow at a CAGR of 4.1% over the forecast period of 2024-2032.
The production of lubricant additives, which help improve engine performance and reduce machinery component wear, also relies heavily on maleic anhydride. These additives, based on maleic anhydride, increase the viscosity, oxidation stability, and overall durability of the lubricant, making them crucial in high-performance applications. The growth is expected for efficient lubricants, owing to demand generated from industries, growing with the automotive, manufacturing, and transportation sectors, with the need for efficient productivity, longevity, and efficiency of equipment. For example, the rapid development of standards in the automotive industry continues to drive demand for advanced lubricants to meet the high fuel efficiency requirements as well as exciting advances in high-performance and electric vehicles.
According to the U.S. Department of Energy, advancements in vehicle technology, particularly in the electric vehicle sector, are expected to expand lubricant needs, particularly for electric motor oils and other high-performance lubricants
Moreover, manufacturers and other industries rely on lubricants to keep equipment lubricated, to help prolong the life of machinery, and to reduce downtime and cost of operations. As the need for effective solutions increases, this will continue to drive the need for maleic anhydride-based additives, a vital asset of industrial and automotive vehicles.
The rising utility of maleic anhydride in agriculture especially for the production of pesticide and plant growth regulators is projected to boost the maleic anhydride market over the coming years. They are crucial to agricultural production, in part to feed a growing population that is exerting increasing pressure on food supplies. Within these formulations, maleic anhydride serves as an active ingredient and thus enhances pest control as well as plant development. With a growing global population and food consumption increasing in parallel, farming needs to be efficient to cope with these pressures. The FAO stated the demand for new farming solutions to increase output while citing MA products to help improve crop protection growth efficiency.
Furthermore, the rapid adoption of sustainable agriculture, which is striving to decrease chemical use and increase breakout yield plants, will also further increase the demand for maleic anhydride in agriculture.
For instance, technical grade maleic hydrazide must have hydrazine content below 0.015% to ensure safety. Maleic hydrazide is commonly used in preventing pre-harvest sprouting in crops like potatoes and onions, and it can also be used to manage plant growth in other agricultural applications.
Drivers
Rising Demand in automotive and construction industries drives the market growth.
With their rising trend, the automotive and construction industries for lightweight and durable materials are benefiting greatly from unsaturated polyester resins (UPR), in which the maleic anhydride serves as a key building block; The maleic anhydride in such a formulation helps the UPR to interact better with glass fibers, and thus help to comprise this beneficial material with unique properties. UPRs are preferred for applications that demand high strength, corrosion resistance, and ease of processing, and serve automotive components from body panels to infrastructure project parts. Demand for UPRs is further propelled by the construction industry, which is in search of sustainable and cost-effective materials solutions for bridges, buildings, and transportation infrastructure projects. Maleic anhydride, one of the major feedstocks in the production of UPRs, improves the mechanical properties of the resin allowing for a greater range of high-performance applications in these industries.
In 2023, several companies announced innovations aimed at introducing bio-based maleic anhydride alternatives to meet the increasing demand for sustainable products. This is seen as a response to the automotive industry's push for greener materials and the construction sector’s need for low-carbon footprint solutions. Companies such as DSM and Lanxess have also explored the potential of bio-based feedstocks to produce maleic anhydride, which could eventually lead to reduced reliance on fossil fuels and improve the market's environmental footprint.
Restraint
Volatility in raw material prices may hamper the market growth.
Volatility in raw materials prices impedes the growth of the maleic anhydride market. The manufacturing of maleic anhydride is heavily reliant on fossil-derived feedstocks including n-butane and benzene from crude oil and natural gas. These raw materials are being traded on markets, which means that they are affected by fluctuations often resulting from geopolitical events, global supply and demand mismatches, and energy prices. In times of geopolitical tensions or supply chain disruptions, the prices of these commodities can increase dramatically.
These raw material price fluctuations not only have an impact on total maleic anhydride production but often lead to uncertainty for manufacturers over stable pricing for maleic anhydride. This may erode margin for producers, especially in cost-sensitive markets like automotive and construction where maleic anhydride is used in resins and composites. In addition, such volatility in prices could deter investments in additional capacity or research and development, further restricting market growth.
Opportunities
Increasing bio-based maleic anhydride demand in the market raises the opportunity.
Increased awareness towards sustainability is one of the key drivers for the maleic anhydride market, especially in the form of bio-based maleic anhydride. Conventional manufacturing of maleic anhydride is based on fossil sources mainly coming from petrochemical routes, originating in n-butane or benzene. However, the increasing demand for green products has paved the way for bio-based alternatives synthesized from renewable natural resources, such as biomass. The bio-pathway allows for a reduced carbon intensity of maleic anhydride, which meets the needs of industries focused on achieving sustainability goals.
Similarly, DSM and Lanxess are developing new routes for making maleic anhydride from bio-based feedstocks, anticipating growth in the green chemical market. In addition to reining in the fossil fuel dependence, this transition also provides market expansion in the automotive, construction, and coating sectors that face soaring demand for green materials. In addition, several favorable government policies and incentives supporting the transition to renewable materials also contribute to the attractiveness of bio-based products in the bio-based maleic anhydride market end-use industry.
By Raw Material
Benzene held the largest market share around 68% in 2023. Because of its cheaper than other materials and well-established position in the production process, benzene holds the larger share of the maleic anhydride industry. Benzene or n-butane is subjected to a process known as catalytic oxidation to produce maleic anhydride, a proven relatively economical pathway in the use of benzene. As a result, benzene-based production is the manufacturing method of choice for many manufacturers, particularly because the complexity of the production is low, and high yields of maleic anhydride are obtained. The existing infrastructure and supply chain surrounding the use of benzene in multiple industries like petrochemical and automotive will also contribute to its market leadership. Production of UPR is heavily reliant on benzene-de-rived maleic anhydride which is critical for automotive and construction industries where high-performance materials are needed. Also, because benzene is available in high amounts and compatible with production methods already used, benzene can get or maintain a leading position in its market.
By Application
Unsaturated polyester resins (UPR) held the largest market share around 34% in 2023. The largest share of the maleic anhydride market was held by unsaturated polyester resins (UPR), due to their wide range of applications across automotive, construction, marine, and other industries. UPR is prized for its strong, lightweight, and durable materials that are perfect for creating composite materials like fiberglass. This combination of properties makes these materials commonplace in automotive parts, building panels, and even some watercraft. Rapid industrial growth has significantly increased the demand for UPR in these industries, which, in turn, has been one of the key factors driving the growth of the maleic anhydride market, as UPR requires a comparatively large amount of this chemical compound during its production.
Asia Pacific held the largest market share around 42% in 2023. The region possesses large manufacturing clusters (especially automotive, construction, and chemicals) that are major consumers of maleic anhydride. In the Asia-Pacific region, the high demand for unsaturated polyester resins (UPR) for automotive applications and infrastructure projects, as well as the growing production of fiberglass-reinforced composites, is a primary factor driving growth in the market for maleic anhydride. In addition, nations such as China, India, and Japan have matured domestic chemical industries using maleic anhydride for uses from functional transparent neat film coatings and adhesives to plastics and agricultural chemicals.
Additionally, the region is witnessing rapid industrial growth, especially from emerging markets, which increases the use of maleic anhydride in construction, automotive, and infrastructure applications. The Greater emphasis on urban infrastructure development in regional countries and the trend towards lightweight and energy-efficient materials in automobile sector are the key growth driving factor for this industry. In addition, the regional growth of maleic anhydride is driven by government investments in key sectors such as construction and transportation. Consequently, Asia-Pacific has remained the leader in the market, bolstered by substantial manufacturing capabilities, burgeoning industrial demand, and supportive economic policies.
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BASF (MALON, Malepox)
Dow (MA/MAI Resin, DURABAK)
Lanxess (Araldit, Laromin)
ExxonMobil (Vistalon, Butyl)
Mitsubishi Chemical Corporation (Plastics, Polymers)
LG Chem (Maleic Anhydride, Polystyrene)
Huntsman Corporation (Araldite, Vondex)
Kraton Polymers (Kraton G, Kraton D)
DSM (Maleic Anhydride, EcoPA)
Arkema (Sartomer, Acrylic Resins)
UPL Limited (Herbicides, Insecticides)
Shandong Xinhua Pharmaceutical Company (Maleic Anhydride, Pesticides)
SABIC (Ammonia, Methanol)
Ineos (Ineos Maleic, Ineos Acrylic)
China National Petroleum Corporation (CNPC) (Maleic Anhydride, Polyolefins)
Ferro Corporation (N-methyl-2-pyrrolidone, Maleic Anhydride)
Toray Industries (Polyester Resins, Nylon)
Wanhua Chemical Group (Polyurethanes, BDO)
Siam Chemical (BDO, MAH)
Tianjin Bohai Chemical Industry Co., Ltd. (Maleic Anhydride, Industrial Chemicals)
In June 2023, Petronas Chemicals Group Berhad (PCG) announced the acquisition of the 113 kilo-tonnes per annum (ktpa) Maleic Anhydride (MAn) plant located at Gebeng, Kuantan via the acquisition of the entire equity interest in BASF PETRONAS Chemicals Sdn. Bhd.
In November 2023, Clariant revealed the acquisition deal with Jiangsu Shenghong Petrochemical Co., Ltd. Under the contract, Clariant will use its proprietary SynDane 3142 LA catalyst to develop a new maleic anhydride (MA) plant in Lianyungang, Jiangsu province.
In October 2023, Huntsman announced an outage in the production of maleic anhydride at its Moers facility in Germany due to an unplanned maintenance shutdown. Moers is home to one of the world's largest production plants with an annual capacity of 105,000 tons of maleic anhydride.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 3.7 Billion |
| Market Size by 2032 | US$ 5.3 Billion |
| CAGR | CAGR of 4.1% From 2024 to 2032 |
| Base Year | 2022 |
| Forecast Period | 2023-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Raw Material (N-Butane, Benzene) • By Application (Unsaturated Polyester Resin (UPR), Copolymers, Lubricant Additives, Alkenyl Succinic Anhydrides, Malic Acid, Fumaric Acid, Others) • By End-users (Construction, Automotive, Food & Beverages, Textile, Pharmaceuticals, Personal Care, Agriculture, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Ningbo Jiangning Chemical (China), Changzhou Yabang Chemical Co. Ltd (China), Ashland Inc. (US), Bartek Ingredients Inc. (Canada), Huntsman Corporation (US), Lanxess (Germany), Helm AG (Germany), Marathon Petroleum Corp. (US), Fuso Chemical Co. (Japan), Mitsubishi Chemical Corporation (Japan), Thirumalai Chemicals Ltd (India), Bluestar Harbin Petrochemical Corp. (China), Polynt Group (Italy), Nan Ya Plastics Co.(China), Nippon Shokubai Co. Ltd (Japan) |
| DRIVERS | • The automotive industry is asking for more UPR and 1,4-BDO. |
| Restraints | • A rise in the number of people buying hybrid cars and a rise in the price of batteries |
Ans: Key stakeholders considered in the study:
Raw material vendors
distributors/traders/wholesalers/suppliers
regulatory authorities, including government agencies and NGO
commercial research & development (r&d) institutions
importers and exporters
government organizations, research organizations, and consulting firms
trade/industrial associations
end-use industries are the stake holder of this report
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Unsaturated Polyester Resin (UPR), Copolymers, Lubricant Additives, Alkenyl Succinic Anhydrides, Malic Acid, Fumaric Acid and Others are the sub-segments of by Raw Material Segment.
Ans: The automotive industry is asking for more UPR and 1,4-BDO are the drivers for Maleic Anhydride Market.
Ans: The Maleic Anhydride Market Size was USD 3.7 Billion in 2023 and is expected to reach USD 5.3 Billion by 2032 and grow at a CAGR of 4.1% over the forecast period of 2024-2032.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
3.1 Market Driving Factors Analysis
3.1.2 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 PESTLE Analysis
3.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization, by Country, by Type, 2023
5.2 Feedstock Prices, by Country, by Type, 2023
5.3 Regulatory Impact, by l Country, by Type, 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, Raw Material, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Maleic Anhydride Market Segmentation, Raw Material
7.1 Chapter Overview
7.2 N-Butane
7.2.1 N-Butane Market Trends Analysis (2020-2032)
7.2.2 N-Butane Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Benzene
7.3.1 Benzene Market Trends Analysis (2020-2032)
7.3.2 Benzene Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Maleic Anhydride Market Segmentation, by Application
8.1 Chapter Overview
8.2 Unsaturated Polyester Resins
8.2.1 Unsaturated Polyester Resins Market Trends Analysis (2020-2032)
8.2.2 Unsaturated Polyester Resins Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 1,4-butanediol
8.3.1 1,4-butanediol Market Trends Analysis (2020-2032)
8.3.2 1,4-butanediol Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Additives
8.4.1 Additives Market Trends Analysis (2020-2032)
8.4.2 Additives Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Copolymers
8.5.1 Copolymers Market Trends Analysis (2020-2032)
8.5.2 Copolymers Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Other
8.6.1 Other Market Trends Analysis (2020-2032)
8.6.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Maleic Anhydride Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.2.4 North America Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.2.5.2 USA Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.2.6.2 Canada Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.2.7.2 Mexico Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Maleic Anhydride Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.1.5.2 Poland Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.1.6.2 Romania Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Maleic Anhydride Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.2.4 Western Europe Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.2.5.2 Germany Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.2.6.2 France Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.2.7.2 UK Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.2.8.2 Italy Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.2.9.2 Spain Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.2.12.2 Austria Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Maleic Anhydride Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.4.4 Asia Pacific Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.4.5.2 China Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.4.5.2 India Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.4.5.2 Japan Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.4.6.2 South Korea Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.2.7.2 Vietnam Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.4.8.2 Singapore Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.4.9.2 Australia Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Maleic Anhydride Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.5.1.4 Middle East Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.5.1.5.2 UAE Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Maleic Anhydride Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.5.2.4 Africa Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Maleic Anhydride Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.6.4 Latin America Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.6.5.2 Brazil Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.6.6.2 Argentina Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.6.7.2 Colombia Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Maleic Anhydride Market Estimates and Forecasts, Raw Material (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Maleic Anhydride Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10. Company Profiles
10.1 Ningbo Jiangning Chemical
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Product / Services Offered
10.1.4 SWOT Analysis
10.2 Changzhou Yabang Chemical Co. Ltd
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Product / Services Offered
10.2.4 SWOT Analysis
10.3 Ashland Inc.
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Product / Services Offered
10.3.4 SWOT Analysis
10.4 Bartek Ingredients Inc.
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Product / Services Offered
10.4.4 SWOT Analysis
10.5 Huntsman Corporation
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Product / Services Offered
10.5.4 SWOT Analysis
10.6 Lanxess
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Product / Services Offered
10.6.4 SWOT Analysis
10.7 Helm AG
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Product / Services Offered
10.7.4 SWOT Analysis
10.8 Marathon Petroleum Corp.
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Product / Services Offered
10.8.4 SWOT Analysis
10.9 Fuso Chemical Co.
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Product / Services Offered
10.9.4 SWOT Analysis
10.10 Mitsubishi Chemical Corporation
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Product / Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Raw Material
N-Butane
Benzene
By Application
Unsaturated Polyester Resins
1,4-butanediol
Additives
Copolymers
Other
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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