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The Maleic Anhydride Market is projected to reach a value of USD 4.30 billion by 2030, with an estimated worth of USD 3.03 billion in 2022. This market is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period from 2023 to 2030.
Maleic Anhydride Market Forecast, a vital chemical compound, holds significant importance in various industries due to its versatile applications. The market's steady growth can be attributed to its widespread use in sectors such as construction, automotive, and pharmaceuticals.
With the increasing demand for Maleic Anhydride across these industries, the market is poised for substantial expansion in the coming years. Factors such as rising infrastructure development, growing automotive production, and the need for advanced pharmaceutical products are driving the market's growth.
Furthermore, the market's positive trajectory can be attributed to the compound's unique properties, including excellent adhesion, high thermal stability, and exceptional chemical reactivity. These characteristics make Maleic Anhydride an ideal choice for manufacturing resins, coatings, and various other chemical intermediates.
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Market Segmentation:
By Raw Material
By Application
By End-users
Key players:
Ningbo Jiangning Chemical (China), Changzhou Yabang Chemical Co. Ltd (China), Ashland Inc. (US), Bartek Ingredients Inc. (Canada), Huntsman Corporation (US), Lanxess (Germany), Helm AG (Germany), Marathon Petroleum Corp. (US), Fuso Chemical Co. (Japan), Mitsubishi Chemical Corporation (Japan), Thirumalai Chemicals Ltd (India), Bluestar Harbin Petrochemical Corp. (China), Polynt Group (Italy), Nan Ya Plastics Co.(China), Nippon Shokubai Co. Ltd (Japan)
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Table of Content
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter’s 5 forces model Textile Chemicals Market
7. PEST Analysis
8. Emulsion Maleic Anhydride Market Forecast By Raw Material
9.Emulsion Maleic Anhydride Market Forecast By Application
10.Emulsion Maleic Anhydride Market Forecast By End User
11.Regional Analysis
12. Company Profiles
13. Competitive Landscape
14. Conclusion
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