The global maleic anhydride market size was valued at USD 4,174.9 Million in 2023 and is anticipated to grow at a CAGR of 4.6% during the forecast period 2024-30. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the Maleic Anhydride Market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global Maleic Anhydride Market segmentation:
1) By Raw Material: Benzene, Butane.
2) By Application: Unsaturated Polyester Resins (UPR), 1,4 BDO, Copolymers, Lubricating Oil Additives, Alkenyl Succinic Anhydrides, Malic Acid, Fumaric Acid, Agricultural Chemicals, and Others.
3) By End-user Industry: Construction, Automobile, Food and Beverage, Oil Products, Electronics, Personal Care, Pharmaceuticals, and Agriculture.
The primary factors of the Maleic Anhydride Market drivers are advancements in coatings and adhesives. The Maleic Anhydride Market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The Maleic Anhydride Market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the Maleic Anhydride Market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions.
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The important profiles and strategies adopted by the Maleic Anhydride Market key players are Changzhou Yabang Chemical Co., Ltd., Bluestar Harbin Petrochemical Co, Ltd., IG Petrochemicals Ltd, Lanxess AG, Mitsubishi Chemical Holdings, Huntsman Corporation, Gulf Advanced Chemical Industries Co., Ltd. (GACIC), Taiyuan Qiaoyou Chemical Co Ltd, Ningbo Jiangning Chemical Co., Ltd., Nan Ya Plastics, Yongsan Chemical Co., Ltd., Shijiazhuang Bailong Chemical Co., Ltd., Nippon Shokubai Co., Ltd., Zibo Qixiang Tengda Chemical, Polynt-Reichhold Groupl is covered here to help them in strengthening their place in the market.
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