Maleic Anhydride Market Size

Maleic Anhydride Market size was over USD 14.63 billion in 2024 and is anticipated to exceed USD 52.89 billion by the end of 2037, growing at over 10.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of maleic anhydride is evaluated at USD 15.85 billion. The demand for Maleic Anhydride is directly linked to the growth of end-user industries such as construction, automotive, and consumer goods. The overall economic growth of regions like Asia-Pacific and the Middle East has a significant impact on the demand for Maleic Anhydride as these regions are key consumers of the chemical.

The cost of raw materials, such as benzene and butane, plays a vital role in determining the overall production cost and thus affects the pricing of Maleic Anhydride. Stringent environmental regulations on chemical production and emissions could impact the market by affecting manufacturing processes or limiting market access. Innovations and improvements in production technologies can influence market dynamics and competitiveness.