The US Maleic Anhydride Market Size was estimated at 491.4 (USD Million) in 2023. The US Maleic Anhydride Industry is expected to grow from 525(USD Million) in 2024 to 1,125 (USD Million) by 2035. The US Maleic Anhydride Market CAGR (growth rate) is expected to be around 7.174% during the forecast period (2025 - 2035).
The US Maleic Anhydride market has been experiencing significant trends driven by various factors. A key market driver is the growing demand for unsaturated polyester resins (UPR), which are widely used in the automotive, construction, and marine industries. The expansion of these sectors in the US is spurring increased production and use of Maleic Anhydride, as it is crucial for UPR formulations. Additionally, the rising awareness and push for sustainable products have led manufacturers to focus on bio-based maleic anhydride sources, creating a shift toward greener alternatives in production methods. Opportunities to be explored in the US market include advancements in technology that enhance production efficiency and reduce environmental impact.The push for innovations in chemical processes that utilize renewable resources presents a valuable pathway for companies aiming to capture emerging consumer preferences for sustainability. Furthermore, partnerships between chemical companies and renewable resource providers can lead to new product lines that address the evolving market demands. In recent times, the trend of increasing regional production capacities has gained momentum. The US is focusing on optimizing its supply chain and reducing reliance on imports, which aligns with national interests in strengthening domestic manufacturing. Besides, the focus on infrastructure development as part of national policies is anticipated to enhance the usage of maleic anhydride in various applications like composite materials and coatings.These driving factors, coupled with opportunities for innovation and production capacity growth, highlight the dynamic landscape of the US Maleic Anhydride market, positioning it for robust developments ahead.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The US Maleic Anhydride Market Industry is anticipated to experience substantial growth driven by the increasing demand for lightweight materials in the automotive sector. According to the Bureau of Economic Analysis, the automotive industry directly contributed over $87 billion to the US GDP in 2021, with the entire industry experiencing a steady recovery post-pandemic. The shift towards using durable and fuel-efficient vehicles has led manufacturers to incorporate maleic anhydride in producing high-performance polymers, notably in the form of automotive coatings and composite materials.Major automotive manufacturers such as Ford and General Motors are increasingly focusing on materials that enhance performance while meeting regulatory standards, which boosts the demand for maleic anhydride-based products. This trend is expected to support the overall growth trajectory of the Maleic Anhydride Market in the US, with an anticipated compound annual growth rate of 7.174% from 2025 to 2035.
The increasing need for agricultural chemicals in the US is a significant driver for the US Maleic Anhydride Market Industry. According to the United States Department of Agriculture, agricultural exports accounted for approximately $177 billion in 2020, indicating a growing market for agricultural inputs. Maleic anhydride is used as a key intermediate in the synthesis of agrochemicals such as herbicides and fungicides. With the increasing pressure on farmers to boost crop yields amid rising global food demands, the adoption of maleic anhydride-based formulations is likely to rise.Prominent agricultural companies like Monsanto and Syngenta are investing in Research and Development to create innovative products that incorporate maleic anhydride, further propelling market growth.
The rapid expansion of construction activities across the United States plays a pivotal role in the growth of the US Maleic Anhydride Market Industry. Data from the US Census Bureau highlights that construction spending reached $1.57 trillion in 2021, increasing interest in using maleic anhydride in construction materials such as resins, adhesives, and coatings. As the construction industry pushes for sustainable and durable building materials, the incorporation of maleic anhydride enables manufacturers to create products with superior performance characteristics.With major construction players like Bechtel and Turner Construction leveraging innovative formulations that include maleic anhydride, the demand for this compound is expected to increase, positively influencing the market's trajectory over the upcoming years.
The Raw Material segment of the US Maleic Anhydride Market is a pivotal aspect that plays a significant role in the overall market dynamics. This segment primarily includes key raw materials such as Benzene and N-Butane, which are crucial for the production of Maleic Anhydride, a versatile compound widely used in various applications, including resins, coatings, and plastics. Benzene is a critical raw material in this context due to its foundational role in the production process, serving as a precursor for numerous organic compounds and contributing significantly to the efficiency and quality of Maleic Anhydride production. Its chemical properties, such as its relatively low cost and high availability, make it an attractive choice among manufacturers in the US. On the other hand, N-Butane also holds substantial importance in the production of Maleic Anhydride, particularly due to its favorable reaction properties and high performance in the manufacturing process. This hydrocarbon is a crucial feedstock that facilitates the chemical transformations necessary for Maleic Anhydride synthesis. The stability and reliability of N-Butane allow for a streamlined production process, enhancing output and product consistency, which is increasingly vital in meeting the growing demand from various industries.The Raw Material segment is poised for growth as the demand for Maleic Anhydride continues to rise, driven by advancements in industries such as automotive, construction, and packaging. Trends indicate a growing preference for sustainable and efficient production methods, pushing manufacturers to focus on optimizing their supply chains, particularly in sourcing high-quality raw materials like Benzene and N-Butane. Additionally, regulatory considerations surrounding chemical production in the US may prompt shifts in sourcing strategies, affecting the dynamics within the Raw Material segment.Challenges in the availability and price volatility of these raw materials may occur due to market fluctuations and environmental regulations. However, opportunities exist as industry players explore alternative sources and methods for material acquisition, potentially mitigating risks and ensuring steady supply. As the US Maleic Anhydride Market evolves, the significance of the Raw Material segment will likely remain critical, influencing the market's overall efficiency, competitiveness, and innovation. The insights provided by the dynamics of raw materials such as Benzene and N-Butane pave the way for deeper understanding and further examination of the broader trends and movements within the US Maleic Anhydride Market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The US Maleic Anhydride Market showcases considerable diversity within the Application segment, essential for various industrial uses. Notably, copolymers, which are key in crafting strong and durable plastics, play a significant role in automotive and construction sectors, highlighting their importance in meeting rising demand for lightweight materials. Lubricant additives also occupy a vital position, enhancing the performance characteristics of oils, which is essential for ensuring engine efficiency in automotive applications. Unsaturated polyester resins are pivotal in the manufacturing of fiberglass-reinforced composites widely utilized in the marine, automotive, and construction industries, emphasizing their role in product innovation and sustainability.Alkenyl succinic anhydrides find their niche as surfactants and viscosity modifiers, amplifying their significance in the paint and coatings industry. Additionally, malic acid and fumaric acid, derived from maleic anhydride, further diversify the market, serving in food and pharmaceutical applications. This segmentation is underpinned by a growing focus on eco-friendly materials and increased demand for high-performance materials, reflecting evolving trends in the US market landscape. The ability to cater to such a wide range of applications underscores the importance of the US Maleic Anhydride Market in various economic sectors.
The US Maleic Anhydride Market showcases a diverse range of End Users that significantly contribute to its overall landscape. Within this sector, construction stands out due to its extensive use of maleic anhydride in manufacturing durable materials such as adhesives and coatings, essential for modern infrastructure. The automotive industry also plays a critical role, utilizing maleic anhydride in producing lightweight and high-performance composites that enhance vehicle fuel efficiency and safety. In the food and beverages segment, maleic anhydride derivatives find applications as preservatives and stabilizers, vital for maintaining product quality and shelf life.The textile industry utilizes it for fabric treatments, increasing resistance to wear and color fading. Pharmaceuticals and personal care product sectors capitalize on maleic anhydride's chemical properties to create effective drug delivery systems and cosmetic formulations. Agriculture depends on this compound in the production of specialty fertilizers and crop protection products, which help improve yield and sustainability. These diverse applications reflect the significant growth potential and the strategic importance of the US Maleic Anhydride Market segmentation, driven by evolving consumer needs and technological advancements across various industries.
The US Maleic Anhydride Market has witnessed significant growth and increased competition in recent years, driven by expanding applications across various industries, including automotive, construction, and chemical manufacturing. As a key intermediate in the production of unsaturated polyesters, coatings, and agricultural chemicals, maleic anhydride holds substantial importance in multiple sectors, leading to a vibrant market landscape. Companies operating in this market are focusing on enhancing production capabilities, expanding distribution networks, and investing in research and development to innovate and address changing consumer demands. Competitive dynamics are shaped by factors such as pricing strategies, production efficiency, and sustainability initiatives, as well as by global supply chain considerations and raw material availability.Reichhold stands out in the US Maleic Anhydride Market due to its robust production capabilities and established presence. The company has leveraged its long-standing industry expertise to maintain a prominent position, ensuring a steady supply of high-quality maleic anhydride for its customers. Its strengths lie in efficient production processes, strategic partnerships, and a commitment to sustainability and environmental responsibility. This has allowed Reichhold to enhance its market share and expand its customer base within the region. Additionally, the company's focus on innovation and product diversification enables it to cater to a broad spectrum of applications, further solidifying its competitive edge in the market landscape.Severe Chemical operates with a keen focus on maintaining a significant presence in the US Maleic Anhydride Market. Known for its core products and services, the company has developed a portfolio that not only meets the demands of various industries but also adapts to emerging trends. With strengths in operational efficiency and customer-centric practices, Severe Chemical aims to foster long-term relationships with clients. Their strategic initiatives, including mergers and acquisitions, have contributed to expanding production capacity and enhancing market reach. By investing in innovation and improving product offerings, Severe Chemical positions itself as a responsive player in the maleic anhydride space, addressing market needs effectively while navigating the competitive landscape with agility.
Recent developments in the US Maleic Anhydride Market have shown notable activity with the emphasis on sustainability and innovation among key players such as Reichhold, Eastman Chemical, and Huntsman Corporation. In July 2023, Eastman Chemical revealed plans to invest significantly in manufacturing enhancements that align with environmental goals, expected to increase production capacity. Furthermore, in September 2023, Mitsubishi Chemical announced its commitment to bolster its Maleic Anhydride production capabilities to meet the growing demand in the automotive sector. The market dynamics are also influenced by the merger and acquisition activities; in March 2023, Baran Group acquired a controlling interest in a Maleic Anhydride production facility, enhancing its position in the North American market with expectations of improved supply chain efficiency. The growth trajectory indicates a shift toward greater application in industries such as coatings, adhesives, and plastics, pushing the valuation of prominent companies like LyondellBasell and LG Chem. The ongoing expansions and strategic moves within the last two years reflect the increasing competition and pursuit of sustainable practices within the US Maleic Anhydride sector.
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 491.4(USD Million) |
| MARKET SIZE 2024 | 525.0(USD Million) |
| MARKET SIZE 2035 | 1125.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 7.174% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Reichhold, Severe Chemical, Domo Chemicals, Mitsubishi Chemical, Baran Group, NewAxis, SABIC, Eastman Chemical, Invista, Showa Denko, LyondellBasell, LG Chem, RTP Company, Ashland Global, Huntsman Corporation |
| SEGMENTS COVERED | Raw Material, Application, End User |
| KEY MARKET OPPORTUNITIES | Growing demand in resins, Increasing usage in agricultural chemicals, Expanding applications in automotive industry, Rising production of bio-based alternatives, Advancements in manufacturing processes |
| KEY MARKET DYNAMICS | rising demand for unsaturated resins, growth in automotive sector, increasing applications in pharmaceuticals, regulatory environmental concerns, volatile raw material prices |
| COUNTRIES COVERED | US |
Frequently Asked Questions (FAQ) :
The US Maleic Anhydride Market is expected to be valued at 525.0 million USD in 2024.
The market is projected to reach a value of 1125.0 million USD by 2035.
The expected CAGR for the US Maleic Anhydride Market from 2025 to 2035 is 7.174%.
N-Butane is expected to generate more revenue, valued at 315.0 million USD in 2024.
By 2035, the market value of N-Butane is projected to be 675.0 million USD.
Major players include Reichhold, Domo Chemicals, Mitsubishi Chemical, and SABIC, among others.
Benzene is expected to reach a market size of 450.0 million USD by 2035.
The market growth is driven by applications in unsaturated polyester resins and other chemical derivatives.
Challenges include fluctuating raw material prices and stringent environmental regulations.
The market is impacted by global trade dynamics and supply chain issues that can alter production and pricing.
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Research Analyst Level I In her 3 years of experience in the market research field, she has handled critical cross-domain projects. she has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.she holds an engineering degree and is an mba professional from a well-known university, capable of evaluating the market and competitive conditions. an exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. generated business through active client and project development, networking, and high-quality responses. her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.
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