Los Angeles, CA -- (SBWIRE) -- 04/18/2019 -- Maleic anhydride is a colorless or white solid with an acrid odor. Maleic anhydride is a very versatile molecule that lends itself to many applications requiring a number of properties and functionalities. With three active sites (two carboxyl groups and one double bond), it is an excellent joining and cross linking agent. 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.

Maleic anhydride has many applications and the largest consumer comes from unsaturated polyester resin industry. Besides, there are still two manufacturing technologies adopted by the industry: benzene oxidation and n-butane oxidation. The latter technology is becoming the mainstream technology currently. Huntsman, Lanxess, Polynt, Changhzou Yabang and so on are the major players of maleic anhydride for the time being.

Although China has the largest capacity of maleic anhydride in the world, its capacity utilization rate is much lower, especially for maleic anhydride capacity using benzene oxidation. The oversupply in China is obvious. 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.

The global Maleic Anhydride market was 2240 million US$ in 2018 and is expected to 4390 million US$ by the end of 2025, growing at a CAGR of 8.8% between 2019 and 2025.

This report studies the Maleic Anhydride market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Maleic Anhydride in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Huntsman Corporation

Sasol-Huntsman

Ashland

Polynt

LANXESS

Thirumalai Chemicals Ltd.

Flint Hills Resources

BASF

YONGSAN CHEMICALS,INC

DSM

Mitsubishi Chemical

NIPPON SHOKUBAI

Elekeiroz SA

Bartek Ingredients

Korea PTG

CEPSA

MOL Group

Mitsui Chemicals

Changzhou Yabang Chemical

Tianjin Bohua Zhonghe Chemical

Qiaoyou Chemical

Zibo Qixing Tengda Chemical

Zhejiang Jiangshan Chemical

Hongxin Chemical

Shengyuan Group

Jiangyin Shunfei Fine chemical

Jiangsu Zhongteng Chemical

Huanghua Hongcheng Business

Shanxi Hengqiang Chemical

Changzhou Shuguang Chemical

Shijiazhuang Bailong Chemical

UPC Group

Jiangsu ChangSanJiao Fine Chemical

By the product type, the market is primarily split into

Solid Maleic Anhydride

Molten Maleic Anhydride

By the end users/application, this report covers the following segments

unsaturated polyester resins (UPR)

lubricants

water treatment chemicals

foodstuffs

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