Maleic anhydride market seen reaching $3.79 billion by 2035

ResearchAndMarkets says the market was valued at $1.84 billion in 2025, with 2026-2035 growth supported by unsaturated polyester resins, lubricant additives, coatings and specialty chemicals despite raw-material and regulatory headwinds.

Summary

The global maleic anhydride market is projected to grow from USD 1.84 billion in 2025 to USD 3.79 billion by 2035, according to a ResearchAndMarkets report, implying a 2026-2035 compound annual growth rate of about 7.62%. The study says demand is being driven primarily by unsaturated polyester resins, where maleic anhydride is a key input, along with rising use in lubricant additives, coatings and specialty chemicals. N-butane led the feedstock segment in 2025 because of cost and availability, while North America held a significant market share and Asia Pacific was identified as the faster-growing region. The report also cites raw material price volatility and environmental regulation as restraints, while highlighting bio-based production and advanced materials as opportunities.

Terms & Concepts
  • unsaturated polyester resins: Industrial resins widely used in composites and construction materials.
  • catalytic oxidation: Chemical conversion process that uses a catalyst and oxygen.
  • bio-based production: Manufacturing that uses renewable biological feedstocks instead of fossil inputs.