U.S. Maleic Anhydride Market Size, Share & Trends Analysis Report By Product Form (Solid, Molten, Brittle), By Application (UPR, Styrene Copolymers, Specialty Products), And Segment Forecasts, 2019 - 2025

Published: Oct, 2019 | Pages: 64 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The U.S. maleic anhydride market size is projected to reach USD 585.5 million by 2025, according to a new report by Grand View Research, Inc., registering a 6.7% CAGR over the forecast period. Rising demand for specialty chemicals is expected to drive consumption over the forecast period.

Maleic anhydride is used in the manufacturing of a wide range of specialty chemicals such as 1,4 butanediol, fumaric and malic acids, and lubricant additives. The U.S. chemical industry is growing at a steady pace since Q1 2018. Strategic investments in the oil and gas sector have boosted the country's chemical industry.

Expansion across various industrial sectors in the U.S. has aided the growth of specialty chemicals. Technological advancement in the automotive sector is at its peak and the average demand for lightweight vehicles is growing at a slow yet steady pace. This is expected to boost demand for specialty chemicals.

The EPA and U.S. FDA are major regulatory agencies that regulate the consumption of maleic anhydride in U.S. Major raw materials used in its manufacturing are benzene and butane. Benzene was phased out as rising price fluctuations forced manufacturers to look for alternatives. Butane, which is being used predominantly, is expected to be replaced by C-4 derivatives as the prices are becoming unstable due to crude oil and natural gas price fluctuation.

Key end-use industries include unsaturated polymer resin, fumaric, malic, maleic and succinic acids, specialty products, lubricant oil additives, agricultural chemicals, styrene copolymers. Exposure to automotive and housing markets has resulted in growth of maleic anhydride in line with the overall GDP.

Further key findings from the report suggest:

• Unsaturated polymer resins (UPR) is the largest application segment and accounted for 55.0% of the U.S. maleic anhydride market in 2018. Rising demand for these resins in the application industries such as construction and automotive is anticipated to benefit the market in U.S.

• Solid form is the largest product segment and is projected to register an estimated CAGR of 3.4% from 2019 to 2025, from volumetric standpoint. The solid product form is widely used in the manufacturing of unsaturated polymer resins (UPR)

• Companies operating in the U.S. have started to invest significant time and effort in research and development as well as supply chain optimization in order to reduce lead time and achieve product diversification.

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Market Segmentation & Scope
                   1.2 Information Procurement
                       1.2.1 Information analysis
                       1.2.2 Market formulation & data visualization
                       1.2.3 Data validation & publishing
                   1.3 Research scope and assumptions
                       1.3.1 Assumptions
Chapter 2 Executive Summary
                   2.1 Market Outlook
                   2.2 Competitive Insights
Chapter 3 U.S. Maleic Anhydride Market Variables, Trends & Scope
                   3.1 Market Lineage Outlook
                       3.1.1 U.S. Organic Chemicals Industry Outlook
                       3.1.2 U.S. maleic Anhydride Industry Outlook
                   3.2 Penetration & growth prospect mapping, 2014 - 2025
                   3.3 Value Chain Analysis
                       3.3.1 Raw material outlook
                           3.3.1.1 Butane
                           3.3.1.2 Phthalic Anhydride
                       3.3.2 Production cost analysis
                       3.3.3 Profit Margin Analysis
                   3.4 Technology Overview
                       3.4.1 Fixed bed technology
                       3.4.2 Fluid bed technology
                       3.4.3 transport bed technology
                       3.4.4 Recovery from phthalic anhydride
                   3.5 Price Trend Analysis
                       3.5.1 Price Dynamics
                       3.5.2 Future Trends
                   3.6 Demand & Supply Analysis
                       3.6.1 Trade Analysis
                           3.6.1.1 Product Form Analysis
                       3.6.2 Trade Balance Assesment, by State
                   3.7 Market Dynamics
                       3.7.1 Market Driver Analysis
                           3.7.1.1 Rising demand for upr based composites in construction industry
                           3.7.1.2 Rising demand for specialty chemicals
                       3.7.2 Market Restraint impact analysis
                           3.7.2.1 Fluctuating raw material prices and unavialability of n-butane
                       3.7.3 Industry Challenges
                           3.7.3.1 Slowing down in demand from end-use industries & trade tariff impact
Chapter 4 U.S. Maleic Anhydride Market Product Form Estimates & Trend Analysis
                   4.1 Product Form Analysis & Market Share, 2018 & 2025
                   4.2 Market Size & Forecasts and Trend Analysis, 2014 to 2025
                       4.2.1 Solid
                           4.2.1.1 Market estimates & forecast, 2014 - 2025 (Million Pounds) (USD Million)
                       4.2.2 Molten
                           4.2.2.1 Market estimates & forecast, 2014 - 2025 (Million Pounds) (USD Million)
                       4.2.3 Brittle
                           4.2.3.1 Market estimates & forecast, 2014 - 2025 (Million Pounds) (USD Million)
Chapter 5 U.S. Maleic Anhydride Market Application Estimates & Trend Analysis
                   5.1 Application Analysis & Market Share, 2018 & 2025
                   5.2 Market Size & Forecasts and Trend Analysis, 2014 to 2025
                       5.2.1 Unsaturated Polymer Resins (UPR)
                           5.2.1.1 Market estimates & forecast in unsaturated polymer resins (UPR), 2014 - 2025 (Million Pounds) (USD Million)
                       5.2.2 Fumaric, Malic & Succinic Acids
                           5.2.2.1 Market estimates & forecast in fumaric, malic & succinic acids, 2014 - 2025 (Million Pounds) (USD Million)
                       5.2.3 Specialty Products
                           5.2.3.1 Market estimates & forecast in specialty products, 2014 - 2025 (Million Pounds) (USD Million)
                       5.2.4 Lubricant Oil Additives
                           5.2.4.1 Market estimates & forecast in lubricant oil additives, 2014 - 2025 (Million Pounds) (USD Million)
                       5.2.5 Agricultural Chemicals
                           5.2.5.1 Market estimates & forecast in agricultural chemicals, 2014 - 2025 (Million Pounds) (USD Million)
                       5.2.6 Styrene Copolymers
                           5.2.6.1 Market estimates & forecast in styrene copolymers, 2014 - 2025 (Million Pounds) (USD Million)
                       5.2.7 Others
                           5.2.7.1 Market estimates & forecast in other applications, 2014 - 2025 (Million Pounds) (USD Million)
Chapter 6 U.S. Maleic Anhydride Market: Competitive Analysis
                   6.1 Recent Developments by Key Market Participants
                   6.2 Production Capacities, 2018
                   6.3 Vendor Landscape
                       6.3.1 Raw Material Suppliers
                       6.3.2 Manufacturers & Distributors (Maleic Anhydride)
                       6.3.3 Major Exporting Companies
                       6.3.4 Major Importing Companies
                   6.4 Company Market Share Analysis, 2018
                   6.5 Key Consumer Group Analysis
                       6.5.1 Consumer Buying Behavior
                       6.5.2 Company Consumption Statistics, 2018
                   6.6 Strategic Framework
Chapter 7 Company Profiles
                   7.1 Huntsman Corporation
                       7.1.1 Company introduction
                       7.1.2 Financial information
                       7.1.3 Product Benchmarking
                       7.1.4 Strategic Initiatives
                   7.2 Lanxess AG
                       7.2.1 Company introduction
                       7.2.2 Financial information
                       7.2.3 Product Benchmarking
                       7.2.4 Strategic Initiatives
                   7.3 Flint Hills Resources
                       7.3.1 Company introduction
                       7.3.2 Financial information
                       7.3.3 Product Benchmarking
                   7.4 Ashland Inc
                       7.4.1 Company introduction
                       7.4.2 Financial information
                       7.4.3 Product Benchmarking
                       7.4.4 Strategic Initiatives
                   7.5 BASF SE
                       7.5.1 Company introduction
                       7.5.2 Financial information
                       7.5.3 Product Benchmarking
Chapter 8 U.S. Maleic Anhydride Market: Exporter Profiles
                   8.1 Malaysia Chemical Exporters
                       8.1.1 Company introduction
                       8.1.2 Financial information
                       8.1.3 Product Benchmarking
                   8.2 Thirumalai Chemicals Ltd.
                       8.2.1 Company introduction
                       8.2.2 Financial information
                       8.2.3 Product Benchmarking
                   8.3 Optimistic Organic Sdn. Bhd
                       8.3.1 Company introduction
                       8.3.2 Financial information
                       8.3.3 Product Benchmarking
                   8.4 Yongsan Chemicals Inc
                       8.4.1 Company introduction
                       8.4.2 Financial information
                       8.4.3 Product Benchmarking
                   8.5 Helm Korea
                       8.5.1 Company introduction
                       8.5.2 Financial information
                       8.5.3 Product Benchmarking
                   8.6 United Raw Material Pte. Ltd
                       8.6.1 Company introduction
                       8.6.2 Financial information
                       8.6.3 Product Benchmarking

List of Tables

Table 1 Company Profit Margin, 2014 - 2018 (%)
Table 2 Import export statistics, 2014 (Million Pounds) (USD Million)
Table 3 Import export statistics, 2015 (Million Pounds) (USD Million)
Table 4 Import export statistics, 2016 (Million Pounds) (USD Million)
Table 5 Import export statistics, 2017 (Million Pounds) (USD Million)
Table 6 Import export statistics, 2018 (Million Pounds) (USD Million)
Table 7 State wise trade balance, 2014 - 2018 (USD)
Table 8 UPR applications in the construction industry
Table 9 U.S. maleic anhydride solid form market volume & revenue, 2014 - 2025 (Million Pounds) (USD Million)
Table 10 U.S. maleic anhydride molten form market volume & revenue, 2014 - 2025 (Million Pounds) (USD Million)
Table 11 U.S. maleic anhydride brittle form market volume & revenue, 2014 - 2025 (Million Pounds) (USD Million)
Table 12 U.S. maleic anhydride market volume & revenue, in UPR 2014 - 2025 (Million Pounds) (USD Million)
Table 13 U.S. maleic anhydride market volume & revenue in fumaric, malic & succinic acids, 2014 - 2025 (Million Pounds) (USD Million)
Table 14 U.S. maleic anhydride market volume & revenue, in specialty products, 2014 - 2025 (Million Pounds) (USD Million)
Table 15 U.S. maleic anhydride market volume & revenue, in lubricant oil additives, 2014 - 2025 (Million Pounds) (USD Million)
Table 16 U.S. maleic anhydride market volume & revenue, in agricultural chemicals, 2014 - 2025 (Million Pounds) (USD Million)
Table 17 U.S. maleic anhydride market volume & revenue, in styrene copolymers, 2014 - 2025 (Million Pounds) (USD Million)
Table 18 U.S. maleic anhydride market volume & revenue, in others, 2014 - 2025 (Million Pounds) (USD Million)
Table 19 Production Capacity, 2018

List of Figures

Fig. 1 U.S. maleic anhydride market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Market outlook
Fig. 7 U.S. maleic anhydride market volume and revenue, 2014 - 2025 (Million Pounds) (USD Million)
Fig. 8 U.S. maleic anhydride value chain analysis
Fig. 9 U.S. butane prices, 2014 - 2018 (USD/kg)
Fig. 10 U.S. phthalic anhydride prices, 2014 - 2018 (USD/kg)
Fig. 11 Capital investment distribution share (%)
Fig. 12 Operating cost distribution share (%)
Fig. 13 U.S. maleic anhydride prices, 2014 - 2018 (USD/pound)
Fig. 14 U.S. maleic anhydride market dynamics
Fig. 15 Market driver impact
Fig. 16 Market restraint impact analysis
Fig. 17 Average crude oil prices , 2012 - 2018 (USD/Barrel)
Fig. 18 U.S. Maleic Anhydride market volume, by product form, 2018 & 2025 (Million Pounds)
Fig. 19 U.S. Maleic Anhydride market volume, by application, 2018 & 2025 (USD Million)
Fig. 20 Company Market Share Analysis, 2018 (%)
Fig. 21 Strategic Framework