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Global Maleic Anhydride Market 2017-2021

About Maleic Anhydride

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.

Technavio’s 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.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
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.

Key vendors
  • Huntsman International
  • LANXESS
  • Ashland
  • Polynt
  • Flint Hills Resources
Other prominent vendors
  • Bartek Ingredients
  • Changzhou Yabang chemicals
  • China National Bluestar (Group)
  • ESIM Chemicals
  • Mitsubishi Chemical Holdings
  • Ningbo Jiangning Chemical
  • NIPPON SHOKUBAI
  • Thirumalai Chemicals
  • YONGSAN CHEMICALS
Market driver
  • Diversified application for beneficial properties
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating raw material prices
  • For a full, detailed list, view our report
Market trend
  • Production of alkyd resin using maleic anhydride
  • For a full, detailed list, view our report
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?


Press Release

Technavio Announces the Publication of its Research Report – Global Maleic Anhydride Market 2017-2021

Technavio recognizes the following companies as the key players in the global maleic anhydride market: Huntsman International, LANXESS, Ashland, Polynt, and Flint Hills Resources.

Other Prominent Vendors in the market are: Bartek Ingredients, Changzhou Yabang chemicals, China National Bluestar (Group), ESIM Chemicals, Mitsubishi Chemical Holdings, Ningbo Jiangning Chemical, NIPPON SHOKUBAI, Thirumalai Chemicals, and YONGSAN CHEMICALS.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Production of alkyd resin using maleic anhydride. Anti-corrosive paints are dispersions consisting two stages, namely the liquid stage and the solid stage. The alkyd resin modified with long oil used for anti-corrosive paints are manufactured with the alcoholysis method. However, due to the lack of linseed oil, phthalic anhydride is substituted with maleic anhydride to produce alkyd resin. The use of maleic anhydride as a partial replacement of phthalic anhydride improves the characteristics of the film of paint, such as its resistance and its strength against extreme atmosphere and corrosion.”

According to the report, one of the major drivers for this market is Diversified application for beneficial properties. Maleic anhydride has varied applications, such as unsaturated polyester resin, BDO, additives, and copolymers. The growth in the adoption of unsaturated polyester and BDO are fostering the growth of the global maleic anhydride market. The additive market is growing, owing to increase in lubricant and oil and agricultural markets, accelerating the global maleic anhydride market to grow. Maleic anhydride is used in many industries because of its properties, such as enhanced flexibility and resistance.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuating raw material prices. The rise in the prices of raw materials used in the manufacture of maleic anhydride may hamper the growth of the global maleic anhydride market. Raw materials, such as benzene, used for the production of maleic anhydride by manufacturers are often expensive. The rising cost of raw materials has also resulted in high operating costs for vendors. In addition, market competition limits the option to increase product prices to compensate for higher production costs.

Companies Mentioned

Huntsman International, LANXESS, Ashland, Polynt, Flint Hills Resources, Bartek Ingredients, Changzhou Yabang chemicals, China National Bluestar (Group), ESIM Chemicals, Mitsubishi Chemical Holdings, Ningbo Jiangning Chemical, NIPPON SHOKUBAI, Thirumalai Chemicals, and YONGSAN CHEMICALS.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Maleic anhydride: Production process
  • Market landscape
    • Market size and forecast
      • Table Global maleic anhydride market 2016 and 2021 ($ millions)
      • Table Market forecast: Global maleic anhydride market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by raw material
    • Global maleic anhydride market by raw material
      • Table Global maleic anhydride market by raw material 2016
      • Table Global maleic anhydride market by raw material 2021
    • Global maleic anhydride market by n-butane
      • Table Global maleic anhydride market by n-butane 2016 and 2021 ($ millions)
      • Table Global maleic anhydride market by n-butane 2016-2021
    • Global maleic anhydride market by benzene
      • Table Global maleic anhydride market by benzene 2016 and 2021 ($ millions)
      • Table Global maleic anhydride market by benzene 2016-2021
  • Market segmentation by application
    • Global maleic anhydride market by application
      • Table Global maleic anhydride market by application 2016
      • Table Global maleic anhydride market by application 2021
    • Global maleic anhydride market by UPR
      • Table Global maleic anhydride market by UPR 2016 and 2021 ($ millions)
      • Table Global maleic anhydride market by UPR 2016-2021
    • Global maleic anhydride market by 1,4-BDO
      • Table Global maleic anhydride market by 1,4-BDO 2016 and 2021 ($ millions)
      • Table Global maleic anhydride market by 1,4-BDO 2016-2021
    • Global maleic anhydride market by additives
      • Table Global maleic anhydride market by additives 2016 and 2021 ($ millions)
      • Table Global maleic anhydride market by additives 2016-2021
    • Global maleic anhydride market by copolymers
      • Table Global maleic anhydride market by copolymer 2016 and 2021 ($ millions)
      • Table Global maleic anhydride market by copolymers 2016-2021
    • Global maleic anhydride market by others
      • Table Global maleic anhydride market by others 2016 and 2021 ($ millions)
      • Table Global maleic anhydride market by others segment 2016-2021
  • Geographical segmentation
    • Global maleic anhydride market by geography
      • Table Global maleic anhydride market by geography 2016
      • Table Global maleic anhydride market by geography 2021
    • Maleic anhydride market in APAC
      • Table Maleic anhydride market in APAC 2016 and 2021 ($ millions)
      • Table Global maleic anhydride market in APAC 2016-2021
    • Maleic anhydride market in North America
      • Table Maleic anhydride market in North America 2016 and 2021 ($ millions)
      • Table Maleic anhydride market in North America 2016-2021
    • Maleic anhydride market in Europe
      • Table Maleic anhydride market in Europe 2016 and 2021 ($ millions)
      • Table Maleic anhydride market in Europe 2016-2021
    • Maleic anhydride market in ROW
      • Table Maleic anhydride market in ROW ($ millions)
      • Table Maleic anhydride market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Production of alkyd resin using maleic anhydride
    • Emerging economies and infrastructural development
  • Vendor landscape
    • Competitive scenario
    • Major market vendors
      • Table Global maleic anhydride market: Major vendors 2016
    • Other prominent vendors
  • Key vendor analysis
    • Huntsman International
      • Table Huntsman International: Business segmentation by revenue 2016
      • Table Huntsman International: Geographic segmentation by revenue 2016
    • LANXESS
      • Table LANXESS: Business segmentation by revenue 2016
      • Table LANXESS: Geography segmentation by revenue 2016
      • Table Applications of maleic anhydride
    • Ashland
      • Table Ashland: Business segmentation by revenue 2016
      • Table Ashland: Geographical segmentation by revenue 2016
    • Polynt
      • Table Polynt: Product segmentation
    • Flint Hills Resources
      • Table Flint Hills Resources: Product segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

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