Product Code: ETC088123 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Maleic Anhydride Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 17.00% in 2027, following an initial rate of 16.41%, before easing to 15.59% at the end of the period.
The India Maleic Anhydride Market is projected to witness healthy growth in the coming years due to increased demand from industries such as automotive, chemical processing, plasticizers, coating and resins. The increasing demand for specialty polymers and their uses in numerous industrial applications are expected to drive market growth. High investments in research and development activities coupled with technological advancements are anticipated to further propel the growth of this market over the forecast period
Growth in end use industries such as automotive and plastics is one of the major factors driving the maleic anhydride market in India. Increase in utilization of maleic anhydride based additives for improving performance characteristics of various products is also boosting its demand. Increasing disposable income has led to a rise in consumer spending on durable goods which has propelled the need for better quality plastics that contain maleic anhydride derivatives, thereby driving up its sales. Stringent government regulations regarding environmental protection have pushed companies towards using bio-based materials leading to higher consumption of bioplastics containing maleic anhydrides like MALPHAZTM derived from sugarcane juice or glucose syrup produced by fermentation processes instead of petroleum-based materials. This factor will create new opportunities for manufacturers operating within this space over the coming years.
High production costs associated with manufacturing process can be a major challenge restraining the overall growth rateas these increase cost pressure on producers who then have pass over it onto consumers resulting into high prices making them less competitive compared than other petrochemicals available at cheaper rates thus limiting their overall sales volume throughout global markets including India domestic industry domain too.
Some key players operating within India Maleic Anhydride Market include Reliance Industries Ltd., RIL Petrochemicals Pvt Ltd., Gujarat State Fertilizers & Chemicals Ltd., Veer Organics Pvt Ltd., BASF SE, Eastman Chemical Company etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Maleic Anhydride Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Maleic Anhydride Market Revenues & Volume, 2021 & 2031F |
3.3 India Maleic Anhydride Market - Industry Life Cycle |
3.4 India Maleic Anhydride Market - Porter's Five Forces |
3.5 India Maleic Anhydride Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 India Maleic Anhydride Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Maleic Anhydride Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 India Maleic Anhydride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Maleic Anhydride Market Trends |
6 India Maleic Anhydride Market, By Types |
6.1 India Maleic Anhydride Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 India Maleic Anhydride Market Revenues & Volume, By Raw Material, 2018 - 2031F |
6.1.3 India Maleic Anhydride Market Revenues & Volume, By N-Butane, 2018 - 2031F |
6.1.4 India Maleic Anhydride Market Revenues & Volume, By Benzene, 2018 - 2031F |
6.2 India Maleic Anhydride Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Maleic Anhydride Market Revenues & Volume, By Unsaturated Polyester Resin, 2018 - 2031F |
6.2.3 India Maleic Anhydride Market Revenues & Volume, By Copolymers, 2018 - 2031F |
6.2.4 India Maleic Anhydride Market Revenues & Volume, By Lubricant Additives, 2018 - 2031F |
6.2.5 India Maleic Anhydride Market Revenues & Volume, By Alkenyl Succinic Anhydrides, 2018 - 2031F |
6.2.6 India Maleic Anhydride Market Revenues & Volume, By Malic Acid, 2018 - 2031F |
6.2.7 India Maleic Anhydride Market Revenues & Volume, By Fumaric Acid, 2018 - 2031F |
6.3 India Maleic Anhydride Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 India Maleic Anhydride Market Revenues & Volume, By Construction, 2018 - 2031F |
6.3.3 India Maleic Anhydride Market Revenues & Volume, By Automotive, 2018 - 2031F |
6.3.4 India Maleic Anhydride Market Revenues & Volume, By Food & Beverages, 2018 - 2031F |
6.3.5 India Maleic Anhydride Market Revenues & Volume, By Textile, 2018 - 2031F |
6.3.6 India Maleic Anhydride Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.3.7 India Maleic Anhydride Market Revenues & Volume, By Personal Care, 2018 - 2031F |
6.3.8 India Maleic Anhydride Market Revenues & Volume, By Others, 2018 - 2031F |
6.3.9 India Maleic Anhydride Market Revenues & Volume, By Others, 2018 - 2031F |
7 India Maleic Anhydride Market Import-Export Trade Statistics |
7.1 India Maleic Anhydride Market Export to Major Countries |
7.2 India Maleic Anhydride Market Imports from Major Countries |
8 India Maleic Anhydride Market Key Performance Indicators |
9 India Maleic Anhydride Market - Opportunity Assessment |
9.1 India Maleic Anhydride Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 India Maleic Anhydride Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Maleic Anhydride Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 India Maleic Anhydride Market - Competitive Landscape |
10.1 India Maleic Anhydride Market Revenue Share, By Companies, 2024 |
10.2 India Maleic Anhydride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |