Market overview
The global maleic anhydride market is worth USD 4.5 bn in 2026 and is forecast to reach USD 7.0 bn by 2036, growing at a 4.6% CAGR. China is the largest country market and Unsaturated polyester resins is the largest by end use segment.
| Scope | Maleic anhydride produced from butane and benzene and sold for unsaturated polyester resins, 1,4-butanediol, lubricant additives and agricultural chemicals. |
|---|---|
| Industry | Chemicals and Materials |
| Value 2025 | USD 4.3 bn |
| Value 2026 | USD 4.5 bn |
| Value 2036 | USD 7.0 bn |
| CAGR 2026-2036 | 4.6% |
| Volume 2026 | 3,207,426 tonnes |
| Volume 2036 | 4,552,602 tonnes |
| Average price 2026 | USD 1,401 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Maleic Anhydride market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 4.5 bn |
| 2027 | USD 4.7 bn |
| 2028 | USD 4.9 bn |
| 2029 | USD 5.1 bn |
| 2030 | USD 5.4 bn |
| 2031 | USD 5.6 bn |
| 2032 | USD 5.9 bn |
| 2033 | USD 6.2 bn |
| 2034 | USD 6.4 bn |
| 2035 | USD 6.7 bn |
| 2036 | USD 7.0 bn |
Maleic Anhydride market segmentation
By end use
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Unsaturated polyester resins | 36.0% | 34.2% | USD 1.6 bn | 4.1% |
| 1,4-butanediol | 28.0% | 30.7% | USD 1.3 bn | 5.6% |
| Lubricant additives | 8.0% | 7.2% | USD 359 mn | 3.6% |
| Agricultural chemicals | 7.0% | 7.0% | USD 315 mn | 4.6% |
| Copolymers and other | 21.0% | 20.9% | USD 944 mn | 4.6% |
By feedstock
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| N-butane | 70.0% | 70.7% | USD 3.1 bn | 4.7% |
| Benzene | 26.0% | 21.7% | USD 1.2 bn | 2.7% |
| Bio-based and other | 4.0% | 7.7% | USD 180 mn | 11.7% |
By physical form
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Molten bulk | 54.0% | 50.0% | USD 2.4 bn | 3.8% |
| Solid briquettes | 34.0% | 36.0% | USD 1.5 bn | 5.2% |
| Flakes and pastilles | 12.0% | 14.0% | USD 539 mn | 6.2% |
By supply model
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Captive integrated | 38.0% | 36.0% | USD 1.7 bn | 4.0% |
| Merchant contracts | 44.0% | 44.0% | USD 2.0 bn | 4.6% |
| Spot and trade | 18.0% | 20.0% | USD 809 mn | 5.7% |
By downstream industry
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Building and construction | 38.0% | 36.0% | USD 1.7 bn | 4.0% |
| Automotive and transport | 22.0% | 23.0% | USD 989 mn | 5.1% |
| Electrical and electronics | 14.0% | 16.0% | USD 629 mn | 6.0% |
| Agriculture and consumer | 26.0% | 25.0% | USD 1.2 bn | 4.2% |
Top 25 countries for maleic anhydride by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 81.0% of 2026 revenue and the 25 countries below together hold 95.4%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 1.6 bn | 36.0% | USD 2.7 bn | 5.2% |
| 2 | United States | USD 539 mn | 12.0% | USD 733 mn | 3.1% |
| 3 | Germany | USD 270 mn | 6.0% | USD 352 mn | 2.7% |
| 4 | South Korea | USD 225 mn | 5.0% | USD 338 mn | 4.2% |
| 5 | Japan | USD 225 mn | 5.0% | USD 310 mn | 3.3% |
| 6 | India | USD 225 mn | 5.0% | USD 451 mn | 7.2% |
| 7 | Italy | USD 157 mn | 3.5% | USD 211 mn | 3.0% |
| 8 | Taiwan | USD 135 mn | 3.0% | USD 190 mn | 3.5% |
| 9 | Saudi Arabia | USD 135 mn | 3.0% | USD 232 mn | 5.6% |
| 10 | Brazil | USD 112 mn | 2.5% | USD 183 mn | 5.0% |
| 11 | Netherlands | USD 72 mn | 1.6% | USD 113 mn | 4.5% |
| 12 | Belgium | USD 66 mn | 1.5% | USD 103 mn | 4.5% |
| 13 | Spain | USD 60 mn | 1.3% | USD 93 mn | 4.5% |
| 14 | France | USD 57 mn | 1.3% | USD 88 mn | 4.5% |
| 15 | United Kingdom | USD 50 mn | 1.1% | USD 78 mn | 4.5% |
| 16 | Thailand | USD 47 mn | 1.1% | USD 85 mn | 6.0% |
| 17 | Russia | USD 44 mn | 1.0% | USD 68 mn | 4.5% |
| 18 | Turkey | USD 41 mn | 0.9% | USD 63 mn | 4.5% |
| 19 | Mexico | USD 38 mn | 0.8% | USD 58 mn | 4.5% |
| 20 | Malaysia | USD 35 mn | 0.8% | USD 62 mn | 6.0% |
| 21 | Canada | USD 31 mn | 0.7% | USD 49 mn | 4.6% |
| 22 | Indonesia | USD 31 mn | 0.7% | USD 56 mn | 6.0% |
| 23 | Poland | USD 28 mn | 0.6% | USD 44 mn | 4.6% |
| 24 | Vietnam | USD 25 mn | 0.6% | USD 45 mn | 6.0% |
| 25 | Egypt | USD 22 mn | 0.5% | USD 39 mn | 6.0% |
| Rest of world | USD 206 mn | 4.6% | USD 321 mn | 4.5% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Huntsman
- LANXESS
- Mitsubishi Chemical Group
- Polynt
Group 2: Regional and specialist players
- Thirumalai Chemicals
- Nippon Shokubai
- Yongsan Chemicals
- Aekyung Chemical
- Zibo Qixiang Tengda Chemical
- Alder
Group 3: Emerging and niche players
- Bartek Ingredients
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the maleic anhydride market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 4.6% is calculated from the resulting values.
The market is divided by end use, by feedstock, by physical form, by supply model, by downstream industry. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the maleic anhydride market?
The global maleic anhydride market is estimated at USD 4.3 bn in 2025 and USD 4.5 bn in 2026.
How fast will the maleic anhydride market grow?
It is forecast to reach USD 7.0 bn by 2036, a compound annual growth rate of 4.6% from 2026, an increase of USD 2.6 bn.
Which country is the largest market for maleic anhydride?
China is the largest market by revenue at USD 1.6 bn in 2026, 36.0% of the global total. The three largest countries together hold 54.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 7.2% a year from 2026 to 2036.
Which maleic anhydride segment is largest?
In the by end use split, Unsaturated polyester resins is the largest segment with 36.0% of 2026 revenue.
Who are the leading maleic anhydride companies?
Global leaders include Huntsman, LANXESS, Mitsubishi Chemical Group, Polynt.
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