Europe Maleic Anhydride Market Size, Share & Trends Analysis Report By Raw Material (N-Butane and Benzene), By Application, By Country and Growth Forecast, 2024 - 2031

The Europe Maleic Anhydride Market would witness market growth of 3.6% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 584.0 Kilo Tonnes, showcasing a growth of 18.6% (2020-2023).

Copolymers incorporating Maleic Anhydride (MAH) find extensive applications across various industries due to their versatile properties and functionalities. In the automotive sector, MAH copolymers are widely utilized as compatibilizers in the production of thermoplastic materials, enhancing adhesion between dissimilar polymers and improving the mechanical properties of composite materials used in interior and exterior automotive components. Therefore, the Spain market used 4.40 Kilo Tonnes of maleic anhydride as copolymers in 2023.

The Germany market dominated the Europe Maleic Anhydride Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $274.3 million by 2031. The UK market is exhibiting a CAGR of 2.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 4.4% during (2024 - 2031).

Maleic anhydride (C4H2O3) is a white crystalline solid that is highly reactive and widely used in various industrial applications. It is produced through the oxidation of benzene or butane and is a versatile chemical intermediate with diverse uses across several industries. For instance, it is a crucial raw material in producing unsaturated polyester resins (UPRs). These resins are widely used to manufacture fiberglass-reinforced plastics (FRP) for automotive parts, marine components, construction materials, and consumer goods applications. UPRs offer excellent mechanical properties, including high strength, durability, and corrosion resistance, making them suitable for various industrial and commercial applications.

Furthermore, maleic anhydride is a key intermediate in synthesizing 1,4-butanediol (BDO), a versatile chemical compound used to produce plastics, polyurethanes, solvents, and pharmaceuticals. BDO is utilized in manufacturing engineering plastics, elastomers, polyurethane foams, fibers, and applications such as automotive coatings, textiles, and personal care products. In addition, maleic anhydride is employed in producing alkyd resins, which are widely used in coatings, paints, adhesives, and surface coatings applications.

The growth of the pharmaceutical industry in Belgium can stimulate market growth for maleic anhydride by creating opportunities for suppliers and manufacturers. With expanding production capacities and research activities in the pharmaceutical sector, there may be a higher demand for maleic anhydride-derived chemicals for pharmaceutical formulations and applications.

As per the International Trade Administration (ITA), Belgium’s pharmaceutical industry spends $1.64 billion (€1.5 billion) on R&D annually, equivalent to 40 percent of all private investment made in Belgium. As a result, Belgium is home to 29 of the world’s top 30 pharmaceutical companies. Moreover, as the pharmaceutical industry in Belgium expands, there may be an increased demand for pharmaceutical intermediates, including maleic anhydride and its derivatives. Maleic anhydride is a precursor in synthesizing active pharmaceutical ingredients (APIs) and drug delivery systems, making it essential for pharmaceutical manufacturing.

Free Valuable Insights: The Global Maleic Anhydride Market will Hit USD 5.5 Billion by 2031, at a CAGR of 4.1%

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), 1,4-butanediol (BDO), Lubricating Oil Additives, Copolymers and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Huntsman Corporation
• Mitsubishi Chemical Holdings Corporation
• Lanxess AG
• Nan Ya Plastics Corp. (NPC)
• Nippon Shokubai Co., Ltd.
• IG Petrochemicals Limited (IGPL)
• China National BlueStar (Group) Co, Ltd. (China National Chemical Corporation)
• Yongsan Chemical Co., Ltd.
• Aekyung Chemical Co., Ltd. (AK Holdings Co., Ltd.)
• Ningbo Jiangning Chemical Co., Ltd. (Zhejiang Jiangshan Chemical Co., Ltd.)

Europe Maleic Anhydride Market Report Segmentation

By Raw Material (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• N-Butane
• Benzene

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Unsaturated Polyester Resins (UPR)
• 1,4-butanediol (BDO)
• Lubricating Oil Additives
• Copolymers
• Others

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Maleic Anhydride Market, by Raw Material
1.4.2 Europe Maleic Anhydride Market, by Application
1.4.3 Europe Maleic Anhydride Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Europe Maleic Anhydride Market by Raw Material
4.1 Europe N-Butane Market by Country
4.2 Europe Benzene Market by Country

Chapter 5. Europe Maleic Anhydride Market by Application
5.1 Europe Unsaturated Polyester Resins (UPR) Market by Country
5.2 Europe 1,4-butanediol (BDO) Market by Country
5.3 Europe Lubricating Oil Additives Market by Country
5.4 Europe Copolymers Market by Country
5.5 Europe Others Market by Country

Chapter 6. Europe Maleic Anhydride Market by Country
6.1 Germany Maleic Anhydride Market
6.1.1 Germany Maleic Anhydride Market by Raw Material
6.1.2 Germany Maleic Anhydride Market by Application
6.2 UK Maleic Anhydride Market
6.2.1 UK Maleic Anhydride Market by Raw Material
6.2.2 UK Maleic Anhydride Market by Application
6.3 France Maleic Anhydride Market
6.3.1 France Maleic Anhydride Market by Raw Material
6.3.2 France Maleic Anhydride Market by Application
6.4 Russia Maleic Anhydride Market
6.4.1 Russia Maleic Anhydride Market by Raw Material
6.4.2 Russia Maleic Anhydride Market by Application
6.5 Spain Maleic Anhydride Market
6.5.1 Spain Maleic Anhydride Market by Raw Material
6.5.2 Spain Maleic Anhydride Market by Application
6.6 Italy Maleic Anhydride Market
6.6.1 Italy Maleic Anhydride Market by Raw Material
6.6.2 Italy Maleic Anhydride Market by Application
6.7 Rest of Europe Maleic Anhydride Market
6.7.1 Rest of Europe Maleic Anhydride Market by Raw Material
6.7.2 Rest of Europe Maleic Anhydride Market by Application

Chapter 7. Company Profiles
7.1 Huntsman Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segment and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Mitsubishi Chemical Holdings Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 Lanxess AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Nan Ya Plastics Corp. (NPC)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 SWOT Analysis
7.5 Nippon Shokubai Co., Ltd.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Business Expansions:
7.5.5 SWOT Analysis
7.6 IG Petrochemicals Limited (IGPL)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 China National BlueStar (Group) Co, Ltd. (China National Chemical Corporation)
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Yongsan Chemical Co., Ltd.
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Aekyung Chemical Co., Ltd. (AK Holdings Co., Ltd.)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 SWOT Analysis
7.10. Ningbo Jiangning Chemical Co., Ltd. (Zhejiang Jiangshan Chemical Co., Ltd.)
7.10.1 Company Overview
7.10.2 SWOT Analysis

TABLE 1 Europe Maleic Anhydride Market, 2020 - 2023, USD Million
TABLE 2 Europe Maleic Anhydride Market, 2024 - 2031, USD Million
TABLE 3 Europe Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
TABLE 4 Europe Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
TABLE 5 Europe Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
TABLE 6 Europe Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
TABLE 7 Europe Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
TABLE 8 Europe Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
TABLE 9 Europe N-Butane Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe N-Butane Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe N-Butane Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 Europe N-Butane Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 Europe Benzene Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Benzene Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Benzene Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 Europe Benzene Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 Europe Maleic Anhydride Market by Application, 2020 - 2023, USD Million
TABLE 18 Europe Maleic Anhydride Market by Application, 2024 - 2031, USD Million
TABLE 19 Europe Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 20 Europe Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 21 Europe Unsaturated Polyester Resins (UPR) Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Unsaturated Polyester Resins (UPR) Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe Unsaturated Polyester Resins (UPR) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 Europe Unsaturated Polyester Resins (UPR) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 Europe 1,4-butanediol (BDO) Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe 1,4-butanediol (BDO) Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe 1,4-butanediol (BDO) Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 28 Europe 1,4-butanediol (BDO) Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 29 Europe Lubricating Oil Additives Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Lubricating Oil Additives Market by Country, 2024 - 2031, USD Million
TABLE 31 Europe Lubricating Oil Additives Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 Europe Lubricating Oil Additives Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 Europe Copolymers Market by Country, 2020 - 2023, USD Million
TABLE 34 Europe Copolymers Market by Country, 2024 - 2031, USD Million
TABLE 35 Europe Copolymers Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 Europe Copolymers Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 Europe Others Market by Country, 2020 - 2023, USD Million
TABLE 38 Europe Others Market by Country, 2024 - 2031, USD Million
TABLE 39 Europe Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 Europe Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 Europe Maleic Anhydride Market by Country, 2020 - 2023, USD Million
TABLE 42 Europe Maleic Anhydride Market by Country, 2024 - 2031, USD Million
TABLE 43 Europe Maleic Anhydride Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 Europe Maleic Anhydride Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 Germany Maleic Anhydride Market, 2020 - 2023, USD Million
TABLE 46 Germany Maleic Anhydride Market, 2024 - 2031, USD Million
TABLE 47 Germany Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
TABLE 48 Germany Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
TABLE 49 Germany Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
TABLE 50 Germany Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
TABLE 51 Germany Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
TABLE 52 Germany Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
TABLE 53 Germany Maleic Anhydride Market by Application, 2020 - 2023, USD Million
TABLE 54 Germany Maleic Anhydride Market by Application, 2024 - 2031, USD Million
TABLE 55 Germany Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 56 Germany Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 57 UK Maleic Anhydride Market, 2020 - 2023, USD Million
TABLE 58 UK Maleic Anhydride Market, 2024 - 2031, USD Million
TABLE 59 UK Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
TABLE 60 UK Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
TABLE 61 UK Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
TABLE 62 UK Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
TABLE 63 UK Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
TABLE 64 UK Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
TABLE 65 UK Maleic Anhydride Market by Application, 2020 - 2023, USD Million
TABLE 66 UK Maleic Anhydride Market by Application, 2024 - 2031, USD Million
TABLE 67 UK Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 68 UK Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 69 France Maleic Anhydride Market, 2020 - 2023, USD Million
TABLE 70 France Maleic Anhydride Market, 2024 - 2031, USD Million
TABLE 71 France Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
TABLE 72 France Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
TABLE 73 France Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
TABLE 74 France Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
TABLE 75 France Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
TABLE 76 France Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
TABLE 77 France Maleic Anhydride Market by Application, 2020 - 2023, USD Million
TABLE 78 France Maleic Anhydride Market by Application, 2024 - 2031, USD Million
TABLE 79 France Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 80 France Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 81 Russia Maleic Anhydride Market, 2020 - 2023, USD Million
TABLE 82 Russia Maleic Anhydride Market, 2024 - 2031, USD Million
TABLE 83 Russia Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
TABLE 84 Russia Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
TABLE 85 Russia Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
TABLE 86 Russia Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
TABLE 87 Russia Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
TABLE 88 Russia Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
TABLE 89 Russia Maleic Anhydride Market by Application, 2020 - 2023, USD Million
TABLE 90 Russia Maleic Anhydride Market by Application, 2024 - 2031, USD Million
TABLE 91 Russia Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 92 Russia Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 93 Spain Maleic Anhydride Market, 2020 - 2023, USD Million
TABLE 94 Spain Maleic Anhydride Market, 2024 - 2031, USD Million
TABLE 95 Spain Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
TABLE 96 Spain Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
TABLE 97 Spain Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
TABLE 98 Spain Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
TABLE 99 Spain Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
TABLE 100 Spain Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
TABLE 101 Spain Maleic Anhydride Market by Application, 2020 - 2023, USD Million
TABLE 102 Spain Maleic Anhydride Market by Application, 2024 - 2031, USD Million
TABLE 103 Spain Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 104 Spain Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 105 Italy Maleic Anhydride Market, 2020 - 2023, USD Million
TABLE 106 Italy Maleic Anhydride Market, 2024 - 2031, USD Million
TABLE 107 Italy Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
TABLE 108 Italy Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
TABLE 109 Italy Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
TABLE 110 Italy Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
TABLE 111 Italy Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
TABLE 112 Italy Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
TABLE 113 Italy Maleic Anhydride Market by Application, 2020 - 2023, USD Million
TABLE 114 Italy Maleic Anhydride Market by Application, 2024 - 2031, USD Million
TABLE 115 Italy Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 116 Italy Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 117 Rest of Europe Maleic Anhydride Market, 2020 - 2023, USD Million
TABLE 118 Rest of Europe Maleic Anhydride Market, 2024 - 2031, USD Million
TABLE 119 Rest of Europe Maleic Anhydride Market, 2020 - 2023, Kilo Tonnes
TABLE 120 Rest of Europe Maleic Anhydride Market, 2024 - 2031, Kilo Tonnes
TABLE 121 Rest of Europe Maleic Anhydride Market by Raw Material, 2020 - 2023, USD Million
TABLE 122 Rest of Europe Maleic Anhydride Market by Raw Material, 2024 - 2031, USD Million
TABLE 123 Rest of Europe Maleic Anhydride Market by Raw Material, 2020 - 2023, Kilo Tonnes
TABLE 124 Rest of Europe Maleic Anhydride Market by Raw Material, 2024 - 2031, Kilo Tonnes
TABLE 125 Rest of Europe Maleic Anhydride Market by Application, 2020 - 2023, USD Million
TABLE 126 Rest of Europe Maleic Anhydride Market by Application, 2024 - 2031, USD Million
TABLE 127 Rest of Europe Maleic Anhydride Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 128 Rest of Europe Maleic Anhydride Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 129 key Information – Huntsman Corporation
TABLE 130 Key Information – MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 131 Key Information – Lanxess AG
TABLE 132 Key Information – Nan Ya Plastics Corp. (NPC)
TABLE 133 Key Information – Nippon Shokubai Co., Ltd.
TABLE 134 Key Information – IG Petrochemicals Limited (IGPL)
TABLE 135 Key Information – China National BlueStar (Group) Co, Ltd.
TABLE 136 Key Information –Yongsan Chemical Co., Ltd.
TABLE 137 Key Information – Aekyung Chemical Co., Ltd.
TABLE 138 Key Information – Ningbo Jiangning Chemical Co., Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Maleic Anhydride Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Maleic Anhydride Market
FIG 4 Porter’s Five Forces Analysis - Maleic Anhydride Market
FIG 5 Europe Maleic Anhydride Market share by Raw Material, 2023
FIG 6 Europe Maleic Anhydride Market share by Raw Material, 2031
FIG 7 Europe Maleic Anhydride Market by Raw Material, 2020 - 2031, USD Million
FIG 8 Europe Maleic Anhydride Market share by Application, 2023
FIG 9 Europe Maleic Anhydride Market share by Application, 2031
FIG 10 Europe Maleic Anhydride Market by Application, 2020 - 2031, USD Million
FIG 11 Europe Maleic Anhydride Market share by Country, 2023
FIG 12 Europe Maleic Anhydride Market share by Country, 2031
FIG 13 Europe Maleic Anhydride Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Huntsman Corporation
FIG 15 SWOT Analysis: Mitsubishi Chemical Holdings Corporation
FIG 16 Swot Analysis: Lanxess AG
FIG 17 Swot Analysis: Nan Ya Plastics Corp. (NPC)
FIG 18 SWOT Analysis: Nippon Shokubai Co., Ltd.
FIG 19 Swot Analysis: IG Petrochemicals Limited (IGPL)
FIG 20 Swot Analysis: China National BlueStar (Group) Co, Ltd.
FIG 21 Swot Analysis: Yongsan Chemical Co., Ltd.
FIG 22 Swot Analysis: Aekyung Chemical Co., Ltd.
FIG 23 Swot Analysis: Ningbo Jiangning Chemical Co., Ltd.