Maleic Anhydride Market Size and Growth Factors Research and Projection 2031 Mitsubishi Chemical Corporation, Nippon Shokubai Co., Ltd., LANXESS AG, Gulf Advanced Chemical Industries Co., Ltd.

New York, According to a new market research report published by Global Insight Services “Maleic Anhydride Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Maleic anhydride is an organic compound with the formula C4H4O3. Maleic anhydride is a white solid with a pungent odor. It is soluble in water and is used as a precursor to polymers. Maleic anhydride is produced by the oxidation of n-butane or butene.

Download a Free PDF Sample Copy of Reporthttps://www.globalinsightservices.com/request-sample/GIS20166

Maleic anhydride is used as a precursor to polymers. It is used in the production of polyester resins, polyurethanes, and polyamide resins. Maleic anhydride is also used as a crosslinking agent for vulcanization of rubber. It is used in the production of alkyd resins and as a curing agent for epoxy resins. Maleic anhydride is used as an additive in lubricants, adhesives, and sealants.

Key Trends

The key trends in Maleic Anhydride technology are the development of new synthesis methods, the use of new catalysts, and the development of new uses for Maleic Anhydride.

The traditional method for producing Maleic Anhydride is the thermal oxidation of n-butane. However, this process has several drawbacks, including the need for high temperatures and pressures, and the formation of by-products that can be difficult to remove. As a result, there has been a push to develop new synthesis methods that are more efficient and produce fewer by-products.

Key Drivers

The key drivers of the maleic anhydride market are the growing demand for unsaturated polyester resins and alkyd resins, and the increasing use of maleic anhydride as a precursor for the production of fumaric acid. The unsaturated polyester resins are used in a wide range of applications such as construction, automotive, and marine. The alkyd resins are used in paints and coatings. The fumaric acid is used in the food and beverage industry.

Market Segments

By Raw Material

  • n-butane
  • Benzene

By Application

  • UPR
  • 1,4-BDO
  • Lubricating Oil Additives
  • Copolymers
  • Others
Key Players
  • Huntsman Corporation
  • Ineos
  • Ashland Inc.
  • Flint Hills Resources, LLC (USA),
  • Changzhou Yabang Chemical Co., Ltd.
  • Shanxi Qiaoyou Chemical Co., Ltd.
  • Polynt-Reichhold Group
  • Zibo Qixiang Tengda Chemical Co., Ltd.
  • Mitsubishi Chemical Corporation

Get Customized report as per your requirements https://www.globalinsightservices.com/request-customization/GIS20166

Reasons to buy Maleic Anhydride Market Report:

• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm
headquartered in Delaware, US. We are committed to providing our clients
with highest quality data, analysis, and tools to meet all their market research
needs. With GIS, you can be assured of the quality of the deliverables, robust
& transparent research methodology, and superior service.

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1-833-761-1700