Maleic Anhydride Market to Hit USD 3.4 Billion by 2030

March 9, 2023 1 Min read Views 39 BLOG

The Maleic Anhydride Market is enjoying positive growth rate owing to its percolation in coating and polymer industries. But its well-cemented foothold in the automotive sector is what makes it a gainer. The market is anticipated to achieve a 6.68% CAGR during the forecast period (2021-2030) to reach an impressive valuation of USD 5.50 billion from its previous valuation of USD 3.4 billion in 2019. The report on the same market published by Market Research Future (MRFR) further incorporates a detailed analysis of the drivers such as the production of 1,4-butanediol (BDO), unsaturated polyester resins (UPR) and lubricants to provide an accurate maleic anhydride market scenario.

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