Maleic Anhydride Market - United States

Market Statistics

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 6.90% (2024-2032)

The United States maleic anhydride market graph illustrates steady growth, driven by rising demand across key industries such as automotive and construction. With expanding applications in resins, coatings, and polymers, the market is set to witness further advancements, positioning the U.S. as a key player in the global Maleic Anhydride landscape. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 6.90% from 2024 to 2032.

United States Maleic Anhydride Industry Trends and Drivers:

• Key Trends:
  • Use in Unsaturated Polyester Resins (UPR):
    • Increasing use of maleic anhydride in producing UPR, particularly for construction and automotive applications.
  • Bio-Based Materials:
    • Growing demand for maleic anhydride in the production of bio-based materials, reflecting a shift toward sustainable alternatives.
  • Specialty Chemicals:
    • Expansion of maleic anhydride use in specialty chemicals, such as lubricants and agricultural chemicals, driven by advancements in formulation technologies.
  • Water Treatment Chemicals:
    • Increased integration of maleic anhydride in water treatment chemicals, where its properties as a corrosion inhibitor are highly valued.
  • Energy-Efficient Production:
    • Manufacturers are adopting energy-efficient production processes to align with industry emphasis on sustainability and cost reduction.
• Market Growth Drivers:
  • Demand for Unsaturated Polyester Resins (UPR):
    • Rising demand for UPR in industries like construction, automotive, and marine, due to its durability and corrosion resistance.
    • Growth in construction and infrastructure projects is driving the demand for UPR and maleic anhydride.
    • Automotive industry's shift toward lightweight materials for fuel efficiency is boosting the need for maleic anhydride.
  • Sustainability and Bio-Based Products:
    • Increasing use of maleic anhydride in the production of bio-based succinic acid, which is important for eco-friendly applications.
    • Growing traction for greener alternatives as consumers and industries prioritize sustainability.
  • Water Treatment Applications:
    • Maleic anhydride’s role in producing corrosion inhibitors and scale preventers is contributing to market growth, spurred by environmental protection regulations.
  • Specialty Chemicals Expansion:
    • Growing demand for maleic anhydride in specialty chemicals like additives, lubricants, and coatings, driven by chemical formulation advancements and industrial innovations.
• Future Outlook:
  • The U.S. maleic anhydride market is expected to continue growing due to its applications in sustainable materials, infrastructure, automotive, and specialty chemicals, supported by technological advancements and the emphasis on eco-friendly production methods.

Download sample copy of the Report: https://www.imarcgroup.com/united-states-maleic-anhydride-market/requestsample

United States Maleic Anhydride Market Forecast & Segmentation:

The report has segmented the market into the following categories:

Raw Material Insights:

• n-butane
• Benzene

Application Insights:

• Unsaturated Polyester Resin (UPR)
• 1-4, Butanediol (BDO)
• Additives
• Copolymers
• Others

End Use Industry Insights:

• Construction
• Automobile
• Food and Beverage
• Oil Products
• Electronics
• Personal Care
• Pharmaceuticals
• Others

Regional Insights:

• Northeast
• Midwest
• South
• West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Request for customization: https://www.imarcgroup.com/request?type=report&id=20252&flag=F

Key highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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