China Maleic Anhydride Market Size & Outlook, 2022-2030
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China maleic anhydride market highlights
- The China maleic anhydride market generated a revenue of USD 1,132.4 million in 2022 and is expected to reach USD 1,723.6 million by 2030.
- The China market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
- In terms of segment, unsaturated polyester resins (upr) was the largest revenue generating application in 2022.
- 1,4-butanediol (BDO) is the most lucrative application segment registering the fastest growth during the forecast period.
Maleic anhydride market data book summary
| Market revenue in 2022 | USD 1,132.4 million |
| Market revenue in 2030 | USD 1,723.6 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Unsaturated polyester resins (upr) |
| Fastest growing segment | 1,4-butanediol (BDO) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Unsaturated Polyester Resins (UPR), 1,4-butanediol (BDO), Additives (Lubricants & Oil), Copolymers |
| Key market players worldwide | Cepsa, INEOS, Huntsman Corp, Lanxess AG, Mitsubishi Corp, Nippon Shokubai Co Ltd, Perfect Moment Ltd, Chongqing Rural Commercial Bank Co Ltd Class H, Tianjin Port Development Holdings Ltd |
Other key industry trends
- In terms of revenue, China accounted for 26.8% of the global maleic anhydride market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China maleic anhydride market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,723.6 million by 2030.
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Maleic Anhydride Market Scope
Maleic Anhydride Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Chongqing Rural Commercial Bank Co Ltd Class H | View profile | 15017 | 348 Kwun Tong Road, 5th Floor, Manulife Place, Kowloon, Hong Kong | https://www.cqrcb.com |
| Perfect Moment Ltd | View profile | 31 | 307 Canalot Studios, 222 Kensal Road, London, United Kingdom, W10 5BN | https://www.perfectmoment.com |
| Nippon Shokubai Co Ltd | View profile | 4574 | 4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, Japan | http://www.shokubai.co.jp |
| Tianjin Port Development Holdings Ltd | View profile | 5727 | Times Square, 1 Matheson Street, Suite 3904-3907, 39th Floor, Tower Two, Causeway Bay, Hong Kong, Hong Kong | http://www.tianjinportdev.com |
| Cepsa | View profile | 10001+ | Madrid, Madrid, Spain, Europe | http://cepsa.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| Lanxess AG | View profile | 12621 | Kennedyplatz 1, Cologne, Germany, 50569 | https://www.lanxess.com |
| Huntsman Corp | View profile | 6000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | https://www.huntsman.com |
| Mitsubishi Corp | View profile | 105267 | Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8086 | https://www.mitsubishicorp.com |
China maleic anhydride market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to maleic anhydride market will help companies and investors design strategic landscapes.
Unsaturated polyester resins (upr) was the largest segment with a revenue share of 50.23% in 2022. Horizon Databook has segmented the China maleic anhydride market based on unsaturated polyester resins (upr), 1,4-butanediol (bdo), additives (lubricants & oil), copolymers covering the revenue growth of each sub-segment from 2018 to 2030.
- China Maleic Anhydride Application Outlook (Revenue, USD Million, 2018-2030)
- 1,4-butanediol (BDO)
- Additives (Lubricants & Oil)
- Copolymers
- Others
- Unsaturated Polyester Resins (UPR)
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Horizon Databook provides a detailed overview of country-level data and insights on the China maleic anhydride market , including forecasts for subscribers. This country databook contains high-level insights into China maleic anhydride market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China maleic anhydride market size, by application, 2018-2030 (US$M)
China Maleic Anhydride Market Outlook Share, 2022 & 2030 (US$M)
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