Maleic Anhydride Market Growth Forecast
Analysis based on 7 articles · First reported Jun 02, 2026 · Last updated Jun 17, 2026
The maleic anhydride market is projected for significant growth, driven by increasing demand from end-use sectors and a focus on sustainable production. This expansion will positively impact companies like Petronas Chemicals Group, Huntsman Corporation, and Lanxess, as well as the broader chemical, automotive, and construction industries. The market forecasts from MarketsandMarkets and The Business Research Company provide valuable insights for investors and industry players.
The maleic anhydride market is experiencing steady growth, with projections indicating a rise from USD 1.96 billion in 2026 to USD 3.79 billion by 2035, and potentially reaching $5.45 billion by 2030. This growth is fueled by increasing demand from unsaturated polyester resins, lubricants, coatings, and agricultural chemicals, alongside growing industrialization and infrastructure development. Key players such as Petronas Chemicals Group, Huntsman Corporation, and Lanxess AG are focusing on capacity expansions, process innovations, and sustainable production technologies. Notably, Petronas Chemicals Group acquired a maleic anhydride plant from Petronas Chemicals Group to enhance its production capabilities. Additionally, Maire Tecnimont unveiled a maleic anhydride technology package for Al Baleed Petrochemical's new facility in Oman, strengthening industrial capabilities and supporting biodegradable plastics production. The market is segmented by raw materials (n-butane and benzene), applications (UPR, 1,4-BDO, lubricating oil additives, copolymers), and end-users (construction, automotive, food and beverage, etc.), with Asia Pacific dominating in value terms.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard