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Last updated on April 18, 2014 at 14:46 EDT

Global Maleic Anhydride Demand is Expected to Reach USD 5.96 Billion by 2018: Transparency Market Research

September 30, 2013

ALBANY, New York, September 30, 2013 /PRNewswire/ –

Transparency Market Research has released a new market report titled “Maleic Anhydride
Market For Unsaturated Polyester Resins (UPR), 1, 4-Butanediol (BDO), Additives
(Lubricants & Oil), Copolymers and Other Applications – Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2012 – 2018,” which observes that global maleic
anhydride demand was worth USD 4.11 billion in 2012 and is expected to reach USD 5.96
billion by 2018, growing at a CAGR of 6.4% from 2012 to 2018. Global volumes are expected
to reach 2,752.4 kilo tons by 2018.

Browse the full report with complete TOC at

http://www.transparencymarketresearch.com/maleic-anhydride-market.html

Unsaturated polyester resin was the largest end use market for maleic anhydride in
2012. However, the demand is strongest in BDO market due to the growing use in the
production of elastic fibers, plant protection, thermoplastic polyurethanes, coatings,
solvents, pharmaceuticals, and electronic chemicals. Increasing demand for maleic
anhydride has triggered capacity expansion by companies mainly in Europe and Asia Pacific.
Continuous rise in raw material prices has increased the production cost thus bringing
maleic anhydride prices under pressure. However, continuous efforts on research and
development are expected to provide huge market opportunities such as bio-based maleic
anhydride to the industry participants.

Key application segments analyzed in this study include unsaturated polyester resins,
BDO, additives (lubricants and oil), and copolymers. Unsaturated polyester resins dominate
the maleic anhydride consumption, accounted for 49.3% of the total consumption in 2012 and
expected to grow at a CAGR of 5.3% from 2012 to 2018. The demand for unsaturated polyester
resins was primarily driven by the increasing demand for general construction, pipes and
ducts, corrosion resistant tanks, paints and coatings, bathroom fixtures and fiberglass
reinforced plastics. BDO accounted for 19.3% share of the market volume in 2012.

Asia Pacific dominated the global market for maleic anhydride in 2012. With over 52%
global market share in terms of both volume and revenue, Asia Pacific is the leading
consumer of maleic anhydride. North America and Europe together accounted for over 30% of
total volume share in 2012. The global maleic anhydride market has witnessed significant
capacity addition during the recent past. Asia Pacific is lucrative market for new plant
establishments and capacity expansions.

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The global market for maleic anhydride is highly fragmented with top seven companies
accounting for approximately 30% of the total market. Huntsman Corporation, Lanxess AG,
Polynt SpA, Flint Hills Resources, Ashland Chemical Co, DSM N.V., Nippon Shokubai Co Ltd
and others are some of the major manufacturers of maleic anhydride.

Maleic Anhydride Market: Application Analysis

        - Unsaturated polyester resins
        - 1, 4-Butanediol
        - Additives (Lubricants and oil)
        - Copolymers
        - Others (Tris(3-(2-hydroxybenzophenone) propyl) Amine, alkyd resins, etc.)

Maleic Anhydride Market: Regional Analysis

        - North America
        - Europe
        - Asia-Pacific
        - Rest of the World (RoW)

Browse all Chemical & Materials Market Research Reports @

http://www.transparencymarketresearch.com/chemical-market-reports-2.html

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