Maleic Anhydride Market worth $3.79 billion by 2035 - Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., May 8, 2026 /PRNewswire/ -- According to MarketsandMarkets, 'Maleic Anhydride Market by Raw Material (n-butane and Benzene), Application (Unsaturated Polyester Resin (UPR), 1,4-butanediol (1,4-BDO), Lubricating Oil Additives, and Copolymers), and Region - Global Forecast to 2035', the maleic anhydride market size was USD 1.84 billion in 2025 and is projected to reach USD 3.79 billion by 2035, at a CAGR of 7.62% between 2026 and 2035.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=31705758

Maleic Anhydride Market Size & Forecast:

• Market Size Available for Years: 2023-2035
• 2026 Market Size: USD 1.96 billion
• 2035 Projected Market Size: USD 3.79 billion
• CAGR (2026-2035): 7.62%

Maleic Anhydride Market Trends & Insights:

• There is high growth potential for the maleic anhydride market in the coming years due to increasing demand for unsaturated polyester resin, construction material, and automobile components. An emerging trend in the production of this chemical involves greater efficiency, lower costs, and enhanced environmental compliance. The use of this chemical enhances the properties of resins and intermediates, owing to increased durability and chemical stability.
• Asia Pacific dominated the global maleic anhydride market in 2025, accounting for a market share of 59.6%, in terms of value.
• The n-butane segment is projected to be the fastest-growing raw material segment in the overall maleic anhydride market, registering a CAGR of 8.75%, in terms of value, between 2026 and 2035
• The UPR segment dominated the global maleic anhydride market with a market share of 56.1%, in terms of value, in 2025.
• Wanhua Chemical Group Co., Ltd. (China), Huntsman International LLC (US), and Zibo Qixiang Tengda Chemical Co., Ltd. (China) are identified as key players in the global maleic anhydride market. These companies have strong market presence and extensive product portfolios.
• Shanxi Taiming Chemical Industry Co., Ltd. (China), Huanghua Hongcheng Business Corp., Ltd. (China), and UPC Technology Corporation (Taiwan), among other emerging players, have carved out solid positions in specialized niche segments, highlighting their potential to become future market leaders.

Browse in-depth TOC on 'Maleic Anhydride Market'

280 - Tables
60 - Figures
250 - Pages

Request Sample Pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=31705758

The maleic anhydride market has registered growth due to the growing demand for unsaturated polyester resins (UPR), 1,4-butanediol (1,4-BDO), and lubricating oil additives. Rising infrastructure development and lightweight material usage are boosting its applications in composites. In addition, its use in the production of lubricants, additives, and agrochemicals ensures consistent industrial demand. Growth in the manufacturing operations in developing economies further enhances market growth.

By raw material, benzene accounted for a significant share of the maleic anhydride market.

Based on raw material, benzene held a significant share in the maleic anhydride market in 2025. This is due to its established use as a traditional feedstock in production processes. Its consistent availability and robust supply chain ensure consistent industrial utilization. Its share is relatively lower than other effective alternatives like n-butane due to cost and environmental advantages. This makes benzene an important but less preferred option in modern production setups.

By application, the 1,4-BDO segment accounted for the second-largest market share in 2025.

The 1,4-BDO application held the second-largest share of the maleic anhydride market in 2025, in terms of value. It serves as an important raw material for manufacturing compounds such as THF (tetrahydrofuran) and PBT (polybutylene terephthalate). The increasing demand for high-performing and durable materials in the plastic, automotive, textile, and coating sectors leads to their increased utilization. This robust downstream consumption pattern makes it one of the most significant application areas for maleic anhydride.

Europe was the second-largest market for maleic anhydride in 2025.

The second-largest market share of maleic anhydride was held by Europe in 2025. This is because of the robust chemical production sector and the well-established automotive and construction sectors in the region. Europe has a constant demand for unsaturated polyester resins that are used for composite products, paints, and adhesives. Stringent environmental policies further encourage the use of high-performance materials, where maleic anhydride plays a crucial role.

Request Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=31705758

Key Players

The key players profiled in the report include Wanhua Chemical Group Co., Ltd. (China), Huntsman International LLC (US), Changzhou Yabang Chemical Co., Ltd. (China), Taiyuan Qiaoyou Chemical Co., Ltd. (China), PETRONAS Chemicals Group Berhad (PCG) (Malaysia), Zibo Qixiang Tengda Chemical Co., Ltd. (China), Gulf Advanced Chemical Industries Co., Ltd. (GACIC) (Saudi Arabia), Zhejiang Jiangshan Chemical Co., Ltd. (China), Lanxess AG (Germany), and Polynt Group (Italy).

Get access to the latest updates on Maleic Anhydride Companies and Maleic Anhydride Market Size

Browse Adjacent Market: Bulk Chemicals and Inorganics Market Research Reports & Consulting

Related Reports:

Unsaturated Polyester Resins Market - Global Forecast to 2029

Lubricating Oil Additives Market - Global Forecast to 2026

Refinery Catalyst Market - Global Forecast to 2029

Medical Tubing Market - Global Forecast to 2030

Biocides Market - Global Forecast to 2029

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

MarketsandMarkets™ SalesPlay is an AI-driven Revenue Intelligence Co-Pilot designed to help revenue teams prioritize the right accounts, identify critical changes early, and surface opportunities ahead of demand, so pipeline builds naturally and deals close with greater consistency.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

Logo: https://mma.prnewswire.com/media/1868219/5909825/MarketsandMarkets_Logo.jpg