Delivering more actionable and strategically valuable research, The Business Research Company’s 2026 market reports feature market attractiveness analysis, total addressable market evaluation, company benchmarking matrices, interactive Excel dashboards, expanded supply chain intelligence, emerging startup coverage, and detailed product insights.
Maleic Anhydride Market Size Outlook: How Fast Will Revenue Grow Through 2030?
The market size for maleic anhydride has shown strong growth over recent years. It is projected to grow from $3.97 billion in 2025 to $4.26 billion in 2026, reflecting a compound annual growth rate (CAGR) of 7.2%. Previously, this expansion was largely propelled by the increase in construction and infrastructure projects, the rising need for polyester resins, an uptick in agrochemical production, higher consumption of food additives, and the steady supply of benzene and n-butane feedstocks.
The maleic anhydride market is expected to undergo substantial growth in the forthcoming years. By the year 2030, its worth is predicted to attain $5.45 billion, advancing at a compound annual growth rate (CAGR) of 6.4%. This projected expansion throughout the forecast period arises from multiple elements, including the increasing need for eco-conscious chemical manufacturing, wider adoption in the pharmaceutical and nutraceutical industries, greater deployment of lightweight composites, an amplified focus on production methods that yield fewer emissions, and larger capital outlays in specialized chemical production assets. Significant developments during this interval are set to include the wider application of maleic anhydride within unsaturated polyester resins, a sharp increase in the requirement for biologically-sourced chemical intermediates, more extensive incorporation into food additives and preservatives, extended relevance in agricultural chemicals, and an enhanced drive towards refining operational effectiveness.
Download A Free Sample Report For Comprehensive Market Insights:
Maleic Anhydride Market Demand Drivers: What Is Fueling Industry Growth?
Global automobile demand has spurred expansion in the maleic anhydride market. This industry focuses on manufacturing and distributing self-propelled vehicles such as passenger cars, trucks, farm machinery, and various commercial vehicles. The automotive sector utilizes unsaturated polyester resin (UPR), sourced from maleic anhydride, to construct components, valuing its adaptable design, reduced weight, and strong mechanical attributes. For example, data from March 2024, provided by the Belgium-based European Automobile Manufacturers Association, indicated that the global car market saw a substantial recovery in 2023, with sales increasing by nearly 10% to exceed 72 million units. Notably, the European car market performed exceptionally well, showing an 18.6% rise in sales compared to 2022. This expansion stemmed from comparable trends across both EU and Eastern European markets, with Russia and Ukraine demonstrating remarkable growth rates of 63.5% and 58.9%, respectively. Consequently, this upsurge has propelled the growth of maleic anhydride and its associated product market.
Maleic Anhydride Market Segmentation Trends And Revenue Drivers
The maleic anhydride market covered in this report is segmented –
1) By Type: Solid Maleic Anhydride, Molten Maleic Anhydride
2) By Raw Material: Benzene, N-Butane
3) By Application: Unsaturated Polyester Resin, Copolymers, Lubricant Additives, Alkyl Succinic Anhydrides, Malic Acid, Fumaric Acid
4) By End User: Construction, Automobile, Food and Beverage, Oil Products, Electronics, Personal Care, Pharmaceuticals, Agriculture
Subsegments:
1) By Solid Maleic Anhydride: Crystalline Maleic Anhydride, Powdered Maleic Anhydride
2) By Molten Maleic Anhydride: Liquid Maleic Anhydride
Maleic Anhydride Market Innovation Trends: Which Developments Are Transforming The Industry?
Leading firms within the maleic anhydride sector are focusing on creating novel solutions, like maleic anhydride technology, to boost manufacturing efficiency and back emerging uses, such as biodegradable plastics. This maleic anhydride technology delivers an end-to-end process solution, encompassing crucial engineering design, catalyst provisions, and operational assistance vital for large-scale maleic anhydride production. An example of this is the announcement in September 2024 by MAIRE, an Italian engineering and technology solutions firm, that CONSER’s maleic anhydride technology package is slated for supply to Al Baleed Petrochemical’s upcoming 50,000-ton-per-year plant in Oman. The comprehensive solution includes process licensing, an in-depth design package, the necessary catalyst supply, and technical assistance for construction, commissioning, and subsequent start-up phases. Such a development not only strengthens Oman’s industrial capacity but also underscores maleic anhydride’s critical function in the creation of biodegradable plastics.
#Maleic Anhydride Market Industry Leaders: Which Organizations Are Driving Competition?
Major companies operating in the maleic anhydride market are Huntsman Corporation, Lanxess AG, Mitsubishi Chemical Corporation, HELM AG, Ningbo Jiangning Chemical Co. Ltd., Nippon Shokubai Co. Ltd., Ashland Global Holdings Inc., Changzhou Shuguang Chemical Co. Ltd., Bartek Ingredients Inc., BASF SE, Cepsa Química S.L.U., Polynt S.p.A., Sasol Limited, Flint Hills Resources LP, Zibo Qixing Tengda Chemical Co. Ltd., Yongsan Chemicals Inc., Tianjin Bohai Chemicals, Thirumalai Chemicals Limited, Gulf Advanced Chemical Industries Co. Ltd., MOL Group, Yunnan Yunwei Company Limited, Jiangyin Shunfei Fine Chemical Co. Ltd., Jiangsu Zhongteng Chemical Co. Ltd., Fuso Chemical Co. Ltd., Mitsui Chemicals Inc., Shandong Hongxin Chemical Co. Ltd., Baotie Hebei Chemical Industry Co. Ltd., Aekyung Petrochemical Co. Ltd., DSM NV, Merck & Co. Inc., Bluestar Harbin Petrochemical Corporation, INEOS, NAN YA PLASTICS CORPORATION, China National Chemical Corporation, Hexion Inc., Lonza Group AG, Zibo Qixiang Tengda Chemical Co. Ltd., Zhejiang Weishi Biotechnology Co. Ltd., Zouping Qili Additives Co. Ltd.
Access The Complete Maleic Anhydride Market Report:
Maleic Anhydride Market Largest Region By Revenue And Market Share
Asia-Pacific was the largest region in the maleic anhydride market share in 2025 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the maleic anhydride market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
