市場調查報告書
商品編碼
1610859
順丁烯二酸酐市場規模、佔有率、成長分析、按原料、按應用、按最終用戶行業、按地區 - 行業預測,2024-2031 年Maleic Anhydride Market Size, Share, Growth Analysis, By Raw Material, By Application, By End User Industry, By Region - Industry Forecast 2024-2031 |
2022年順丁烯二酸酐的全球市場規模為33.9億美元,從2023年的35.6億美元成長到2031年的52.1億美元,在預測期內(2024-2031年)預計複合年成長率為4.9。
不飽和聚合物樹脂 (UPR) 在汽車產業中至關重要,可快速修復受損零件並增強汽車塗裝製程。不斷增加的道路事故將增加對UPR的需求,進而推動順丁烯二酸酐市場的成長,而順丁烯二酸酐是UPR製造的關鍵原料。除了汽車應用之外,順丁烯二酸酐在建築、製藥和個人護理行業也必不可少。人們對燃料效率和減排的興趣日益濃厚,進一步增加了對順丁烯二酸酐的需求。主要原料正丁烷和純苯價格受原油和石腦油價格波動影響較大,凸顯順順丁烯二酸酐供應鏈的不穩定性和複雜性。
Global Maleic Anhydride Market size was valued at USD 3.39 billion in 2022 and is poised to grow from USD 3.56 billion in 2023 to USD 5.21 billion by 2031, growing at a CAGR of 4.9% during the forecast period (2024-2031).
Unsaturated polymer resins (UPR) are essential in the automotive sector for swiftly repairing damaged parts and enhancing the painting process of vehicles. The increasing incidence of traffic accidents is poised to boost the demand for UPR, consequently driving growth in the maleic anhydride market, a key ingredient in manufacturing UPR. Beyond automotive uses, maleic anhydride is also integral to construction, pharmaceuticals, and personal care industries. The rising focus on fuel efficiency and emission reductions further propels the need for maleic anhydride. The prices of its primary feedstocks, n-butane and benzene, are heavily influenced by fluctuations in crude oil and naphtha prices, highlighting the volatility and complexities within the maleic anhydride supply chain.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Maleic Anhydride market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Maleic Anhydride Market Segmental Analysis
Global Maleic Anhydride Market is segmented by raw material, application, end user industry and region. Based on raw material, the market is segmented into N-butane and benzene. Based on application, the market is segmented into unsaturated polyester resins (UPR) (fiberglass reinforced plastics, artificial marble, gel coats), 1,4-butanediol (BDO) (tetrahydrofuran (THF), polybutylene terephthalate (PBT), gamma-butyrolactone (GBL)), additives (lubricating oil additives, plasticizers), copolymers (styrene-maleic anhydride (SMA), ethylene-maleic anhydride (EMA)) and others (fumaric acid, malic acid). Based on end user, the market is segmented into automotive, construction, electronics, food & beverage, healthcare and personal care. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Maleic Anhydride Market
A significant driver of the global maleic anhydride market is the rapid growth of the automotive industry, which relies heavily on unsaturated polyester resins that incorporate this chemical. As vehicle production and consumer demand surge worldwide, the need for maleic anhydride is correspondingly increasing. The automotive sector is shifting towards lighter and more fuel-efficient materials, further bolstering the demand for resins made from maleic anhydride. This trend underscores a robust growth trajectory for the market, as manufacturers seek to enhance performance and sustainability in their vehicles, thereby ensuring continued expansion in the maleic anhydride industry.
Restraints in the Global Maleic Anhydride Market
The global maleic anhydride market faces significant challenges due to the volatility of raw material prices, primarily butane and benzene, both of which are petroleum-based. These materials' costs are highly susceptible to market fluctuations driven by global economic instability, supply chain disruptions, and geopolitical factors. Such instability can lead to unpredictable commodity pricing, directly impacting the production expenses for maleic anhydride manufacturers. Consequently, companies in this sector grapple with the difficulties of managing production budgets and ensuring profitability amid this price volatility. As a result, they are compelled to continuously adapt their production levels and pricing strategies to mitigate the adverse effects of raw material price changes.
Market Trends of the Global Maleic Anhydride Market
The Global Maleic Anhydride market is witnessing a significant shift towards bio-based alternatives, driven by increasing environmental awareness and the need for sustainable production methods. As companies align with sustainable development goals, bio-based maleic anhydride derived from renewable resources is emerging as a viable solution to reduce dependence on fossil fuels and mitigate environmental impacts associated with traditional production processes. This trend not only addresses ecological concerns but also opens new avenues for innovation and expansion within the market, as stakeholders seek to capitalize on the growing demand for sustainable chemical solutions across various industries, thereby reshaping the competitive landscape.