11-28-2024 02:22 PM CET |
Press release from: DataM Intelligence 4market Research LLP
Maleic Anhydride Market
The Maleic Anhydride Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Maleic Anhydride market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.
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Global Maleic Anhydride Market reached US$ 4.38 billion in 2023 and is expected to reach US$ 6.13 billion by 2031, growing with a CAGR of 4.29% during the forecast period 2024-2031.
Maleic anhydride is a versatile chemical intermediate used in producing resins, coatings, and agricultural chemicals. It is derived primarily from the oxidation of benzene or butane. Its applications extend to creating unsaturated polyester resins for automotive and construction industries, as well as in water treatment and paper sizing. Maleic anhydride's reactivity makes it a valuable compound in the polymer and specialty chemical sectors.
Competitive Landscape
The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as
Cepsa, INEOS, Huntsman International LLC, Lanxess A.G., Mitsubishi Chemical Corporation, MOL Hungarian Oil & Gas Plc, Nippon Shokubai Co., Ltd., Polynt Group, Thirumalai Chemicals Ltd., Jiangyin Shunfei, Tianjin Bohai Chemicals.
Key Developments:
❁ In June 2022, Polynt announced the expansion of its operations with the construction of a new esterification facility in Atlacomulco, Mexico. This facility is designed to produce plasticizers, particularly trimellitates, to meet the growing demand in key industries such as automotive and electrical sectors. The new plant is expected to significantly enhance Polynt's production capacity, enabling the company to better serve the increasing market needs for these essential chemicals. The expansion reflects Polynt's commitment to strengthening its position in the global market for high-performance materials.
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Market Segments
The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Maleic Anhydride market has been segmented
By Raw Material: Benzene, N-Butane.
By Product Type: Unsaturated Polyester Resin, 1,4-Butanediol, Lubricant Additives, Maleic Anhydride Copolymers, Malic Acid, Furmaric Acid, Alkyl Succinic Anhydrides, Surfactants and Plasticizers, Other.
By End-User: Construction, Automobile, Food and Beverage, Oil Products, Electronics, Personal Care, Pharmaceutical, Agriculture.
Research Process
Both primary and secondary data sources have been used in the global Maleic Anhydride Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Regional Analysis for Maleic Anhydride Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Chapter Outline
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Maleic Anhydride market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Maleic Anhydride Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Maleic Anhydride market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Maleic Anhydride Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Maleic Anhydride market?
➠ Who are the global key manufacturers of the Maleic Anhydride Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Maleic Anhydride market opportunities and threats faced by the vendors in the global Maleic Anhydride Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Maleic Anhydride market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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