Market Overview:
The global maleic acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for maleic acid in various applications such as beverage, confectionery, and personal care products. In addition, the growing demand for bio-based products is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis on type, Maleic anhydride accounted for majority share in global maleic acid market followed by fumaric acid in 2017.
Product Definition:
a colorless oily liquid with a disagreeable odor, obtained from coal tar or other organic sources, used in the manufacture of dyes.
Maleic Anhydride:
Maleic anhydride is a chemical that is used to derive maleic acid. It can also be used as a precursor to polymers and co-precipitation agents. The most important application of maleic anhydride is in the production of fumaric acid which has widespread use in food, feed additives, pharmaceuticals and other industries.
Fumaric Acid:
Fumaric acid is a type of maleic anhydride. It is a white crystalline solid and has a mild pleasant odor. Fumaric acid can be derived from two sources, one source being fumigations of wood or coal tar and the other being by fermentation of fungus-growing mycelium in sugar syrup.
Application Insights:
Maleic anhydride (MA) dominated the overall maleic acid market in terms of revenue share, accounting for over 45% of the global market in 2017. It is primarily used to produce polymaleic anhydride (PMA), which is further utilized in manufacturing a wide range of products including adhesives, coatings, and plastics. PMA can also be used as a monomer for producing fatty acids and esters such as phthalate and adipate.
Fumaric acid followed MA as the second-largest application segment on account of its usage in producing various chemical intermediates that are further utilized across several applications including pharmaceuticals, paints & coatings, cosmetics & detergents. Other niche applications include food additives such as Maleia® from The Procter & Gamble Company or Miglyol MIPA from Solventis Inc., among others that are available around the globe.
Regional Analysis:
Asia Pacific dominated the global maleic acid market in terms of revenue with a share of over 45.0% in 2017. The region is also anticipated to be the fastest-growing regional market from 2018 to 2030 owing to rapid industrialization and increasing demand for personal care products along with food & beverage sector growth in countries, such as China, India, Japan and South Korea.
Maleic anhydride is mainly used as a raw material for manufacturing various personal care products such as skin cream, hair oil and shampoo among others due to its high water absorption capacity that aids product penetration into the skin thus making it suitable for use in numerous applications including pharmaceuticals & cosmetics industry.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction and packaging
- Rising production of unsaturated polyester resins (UPR) and plasticizers
- Growing investments in R&D for the development of new applications
- Expansion of Maleic Acid market in developing countries
- Rising awareness about the benefits of Maleic Acid among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Maleic Acid Market Research Report
By Type
Maleic Anhydride, Fumaric Acid
By Application
Beverage, Confectionery, Personal Care
By Companies
DSM, Huntsman, Lanxess, Mitsubishi Chemical, Mitsui Chemicals, Lonza, Bartek Ingredients, Changmao Biochemical Engineering Company, Fuso Chemical, Isegen South Africa, Miles Chemical, Taiyuan Qiaoyou Chemical, Anhui Sealong Biotechnology, Thirumalai Chemicals, Yongsan Chemicals, Polynt SpA, Prinova, Wego Chemical & Mineral, U.S. Chemicals, The Chemical Company (TCC)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Maleic Acid Market Report Segments:
The global Maleic Acid market is segmented on the basis of:
Types
Maleic Anhydride, Fumaric Acid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Beverage, Confectionery, Personal Care
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DSM
- Huntsman
- Lanxess
- Mitsubishi Chemical
- Mitsui Chemicals
- Lonza
- Bartek Ingredients
- Changmao Biochemical Engineering Company
- Fuso Chemical
- Isegen South Africa
- Miles Chemical
- Taiyuan Qiaoyou Chemical
- Anhui Sealong Biotechnology
- Thirumalai Chemicals
- Yongsan Chemicals
- Polynt SpA
- Prinova
- Wego Chemical & Mineral
- U.S. Chemicals
- The Chemical Company (TCC)
Highlights of The Maleic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Maleic Anhydride
- Fumaric Acid
- By Application:
- Beverage
- Confectionery
- Personal Care
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Maleic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Maleic acid is a molecule with the chemical formula C6H5O2. It is a colorless, water-soluble solid that is used in manufacturing various chemicals and plastics.
Some of the major players in the maleic acid market are DSM, Huntsman, Lanxess, Mitsubishi Chemical, Mitsui Chemicals, Lonza, Bartek Ingredients, Changmao Biochemical Engineering Company, Fuso Chemical, Isegen South Africa, Miles Chemical, Taiyuan Qiaoyou Chemical, Anhui Sealong Biotechnology, Thirumalai Chemicals, Yongsan Chemicals, Polynt SpA, Prinova, Wego Chemical & Mineral, U.S. Chemicals, The Chemical Company (TCC).
The maleic acid market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Maleic Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Maleic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Maleic Acid Market - Supply Chain
4.5. Global Maleic Acid Market Forecast
4.5.1. Maleic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Maleic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Maleic Acid Market Absolute $ Opportunity
5. Global Maleic Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Maleic Acid Market Size and Volume Forecast by Type
5.3.1. Maleic Anhydride
5.3.2. Fumaric Acid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Maleic Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Maleic Acid Market Size and Volume Forecast by Application
6.3.1. Beverage
6.3.2. Confectionery
6.3.3. Personal Care
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Maleic Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Maleic Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Maleic Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Maleic Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Maleic Acid Demand Share Forecast, 2019-2029
9. North America Maleic Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Maleic Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Maleic Acid Market Size and Volume Forecast by Application
9.4.1. Beverage
9.4.2. Confectionery
9.4.3. Personal Care
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Maleic Acid Market Size and Volume Forecast by Type
9.7.1. Maleic Anhydride
9.7.2. Fumaric Acid
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Maleic Acid Demand Share Forecast, 2019-2029
10. Latin America Maleic Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Maleic Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Maleic Acid Market Size and Volume Forecast by Application
10.4.1. Beverage
10.4.2. Confectionery
10.4.3. Personal Care
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Maleic Acid Market Size and Volume Forecast by Type
10.7.1. Maleic Anhydride
10.7.2. Fumaric Acid
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Maleic Acid Demand Share Forecast, 2019-2029
11. Europe Maleic Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Maleic Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Maleic Acid Market Size and Volume Forecast by Application
11.4.1. Beverage
11.4.2. Confectionery
11.4.3. Personal Care
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Maleic Acid Market Size and Volume Forecast by Type
11.7.1. Maleic Anhydride
11.7.2. Fumaric Acid
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Maleic Acid Demand Share, 2019-2029
12. Asia Pacific Maleic Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Maleic Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Maleic Acid Market Size and Volume Forecast by Application
12.4.1. Beverage
12.4.2. Confectionery
12.4.3. Personal Care
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Maleic Acid Market Size and Volume Forecast by Type
12.7.1. Maleic Anhydride
12.7.2. Fumaric Acid
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Maleic Acid Demand Share, 2019-2029
13. Middle East & Africa Maleic Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Maleic Acid Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Maleic Acid Market Size and Volume Forecast by Application
13.4.1. Beverage
13.4.2. Confectionery
13.4.3. Personal Care
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Maleic Acid Market Size and Volume Forecast by Type
13.7.1. Maleic Anhydride
13.7.2. Fumaric Acid
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Maleic Acid Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Maleic Acid Market: Market Share Analysis
14.2. Maleic Acid Distributors and Customers
14.3. Maleic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DSM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Huntsman
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lanxess
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mitsubishi Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsui Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lonza
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bartek Ingredients
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Changmao Biochemical Engineering Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fuso Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Isegen South Africa
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Miles Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Taiyuan Qiaoyou Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Anhui Sealong Biotechnology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Thirumalai Chemicals
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Yongsan Chemicals
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Polynt SpA
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Prinova
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Wego Chemical & Mineral
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. U.S. Chemicals
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. The Chemical Company (TCC)
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
