Global Maleic Anhydride Market to be Worth $4,286.1 Million by 2019
FORT WORTH, Texas, June 23, 2015 /PRNewswire/ --
According to the new Market Research Report "Global Maleic Anhydride Market by Applications (Unsaturated Polyester Resins, 1, 4-Butanediol, Additives (Lubricants & Oil), Copolymers) by Geography (North America, Asia-Pacific, Europe, Row) - Analysis and Forecast To 2019", This report analyzes the Global Maleic Anhydride Market with respect to market drivers, opportunities, and trends in different regions. The Global Maleic Anhydride Market (2014-2019) is estimated to reach $4,286.1 Million by 2019 at a CAGR of 7.2% during the forecast period.
Browse through the TOC of Global Maleic Anhydride Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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The global maleic anhydride market is significantly penetrating their end-use industries. They have different characteristics as per their manufacturing and application requirement in the end products. North America is expected to dominate this market with its increasing demand for maleic anhydride in different applications, especially the unsaturated polyester resins, 1, 4-butanediol, additives (lubricants & oil), copolymers, and others. The North American market is estimated to show a growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.
Investment & expansion is a key strategy of this market. The manufacturing companies, associations, and end product manufacturers infuse high investments for future advancements and technology modifications of maleic anhydride to match the new demands coming from different end-user industries.
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Key Players of the Global Maleic Anhydride Market include:
Huntsman Corporation (U.S.), Lanxess AG (Germany), Polynt S.p.A. (Italy), Flint Hills Resources (Italy), Ashland Inc. (U.S.), DSM N.V. (Netherlands), Nippon Shokubai Co. Ltd. (Japan), BASF SE (Germany), Mitsubishi Chemical Holdings Corporation (Japan), and Thirumalai Chemicals Ltd. (India).
The current market size in terms of value of the global maleic anhydride market is about $3032.5 million and is estimated to reach a value of $4,286.1 million by 2019, at a CAGR of 7.2% from 2014 to 2019. The high demand across the industries will increase the overall maleic anhydride consumption.
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