Maleic Anhydride Market was valued at USD 2.8 billion in 2020 and is expected to grow at a CAGR of 8% between 2021 and 2027. Maleic anhydride is a solid, colorless or white, highly reactive organic compound that has a very solid, strong, bitter smell. Commercially, maleic anhydride is produced by vapor phase oxidation of n-butane or benzene at very high temperatures(400-430oC). In this method methyl groups are converted to carboxylates and dehydrogenates. After dissolving in water maleic anhydride forms maleic acid. It is easily soluble in ethanol, acetone and dioxane while partially soluble in benzene, chloroform and toluene.
Maleic anhydride is prominently used for the production of unsaturated polyester resins (internal), which are further used in many industrial applications such as manufacturing high-performance components used in the transport and marine industries, fiber reinforced plastics and filled plastic products such as sanitary ware, pipes, tanks, grates, etc. The growing building and construction sector, along with automobiles, will drive demand for maleic anhydride in the forecast period.
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Top Major Key Players Industries
Huntsman Corporation
Laxness AG
MOL Hungarian Oil & Gas Plc
Nippon Shokubai Co., Ltd.
Thirumalai Chemicals Ltd.
Compania Espanola de Petroleos
S.A.
DSM N.V.
By Type
Unsaturated Polyester Resin
BDO (Butanediol)
Lubricant Additives
Maleic Anhydride Copolymers
Malic Acid
Furmaric Acid
Alkyl Succinic Anhydrides
Surfactants and Plasticisers
Others
By End-Use
Construction
Automobile
Food and Beverage
Oil Products
Electronics
Personal Care
Pharmaceuticals
Agriculture
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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