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Maleic Anhydride Market Size, Share and Forecast 2026-2036

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.

USD 4.5 bnMarket size 2026
USD 7.0 bnForecast 2036
4.6%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

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.

ScopeMaleic anhydride produced from butane and benzene and sold for unsaturated polyester resins, 1,4-butanediol, lubricant additives and agricultural chemicals.
IndustryChemicals and Materials
Value 2025USD 4.3 bn
Value 2026USD 4.5 bn
Value 2036USD 7.0 bn
CAGR 2026-20364.6%
Volume 20263,207,426 tonnes
Volume 20364,552,602 tonnes
Average price 2026USD 1,401 per tonne
Report priceStarts from USD 1,999
PublishedNovember 2026

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Maleic Anhydride market size and forecast, 2026-2036

Exhibit 1The global maleic anhydride market is forecast to grow from USD 4.5 bn in 2026 to USD 7.0 bn by 2036, a rise of 57%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 4.6%
Maleic Anhydride market value, 2025 to 2036Market value by year. 2025: USD 4.3 bn; 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. Compound annual growth rate 2026 to 2036: 4.6%.20254.5 bn20265.6 bn20317.0 bn20364.6% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 4.5 bn
2027USD 4.7 bn
2028USD 4.9 bn
2029USD 5.1 bn
2030USD 5.4 bn
2031USD 5.6 bn
2032USD 5.9 bn
2033USD 6.2 bn
2034USD 6.4 bn
2035USD 6.7 bn
2036USD 7.0 bn

Maleic Anhydride market segmentation

By end use

Exhibit 2Unsaturated polyester resins is the largest segment by end use, with 36.0% of 2026 revenueEstimated share of 2026 global revenue, by end use
Maleic Anhydride market share by end use, 2026Share of 2026 revenue by end use. Unsaturated polyester resins: 36.0%; 1,4-butanediol: 28.0%; Copolymers and other: 21.0%; Lubricant additives: 8.0%; Agricultural chemicals: 7.0%.Unsaturated polyester resins36.0%1,4-butanediol28.0%Copolymers and other21.0%Lubricant additives8.0%Agricultural chemicals7.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Unsaturated polyester resins36.0%34.2%USD 1.6 bn4.1%
1,4-butanediol28.0%30.7%USD 1.3 bn5.6%
Lubricant additives8.0%7.2%USD 359 mn3.6%
Agricultural chemicals7.0%7.0%USD 315 mn4.6%
Copolymers and other21.0%20.9%USD 944 mn4.6%

By feedstock

Exhibit 3N-butane adds the most revenue by feedstock, growing from USD 3.1 bn in 2026 to USD 5.0 bn by 2036Estimated revenue in USD by feedstock, 2026 and 2036 forecast
Maleic Anhydride market by feedstock, 2026 and 2036Revenue by feedstock in 2026 and 2036. N-butane: USD 3.1 bn in 2026, USD 5.0 bn in 2036, change +58%; Benzene: USD 1.2 bn in 2026, USD 1.5 bn in 2036, change +31%; Bio-based and other: USD 180 mn in 2026, USD 542 mn in 2036, change +202%.20262036 forecastChangeN-butane+58%3.1 bn5.0 bnBenzene+31%1.2 bn1.5 bnBio-based and other+202%180 mn542 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
N-butane70.0%70.7%USD 3.1 bn4.7%
Benzene26.0%21.7%USD 1.2 bn2.7%
Bio-based and other4.0%7.7%USD 180 mn11.7%

By physical form

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Molten bulk54.0%50.0%USD 2.4 bn3.8%
Solid briquettes34.0%36.0%USD 1.5 bn5.2%
Flakes and pastilles12.0%14.0%USD 539 mn6.2%

By supply model

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Captive integrated38.0%36.0%USD 1.7 bn4.0%
Merchant contracts44.0%44.0%USD 2.0 bn4.6%
Spot and trade18.0%20.0%USD 809 mn5.7%

By downstream industry

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Building and construction38.0%36.0%USD 1.7 bn4.0%
Automotive and transport22.0%23.0%USD 989 mn5.1%
Electrical and electronics14.0%16.0%USD 629 mn6.0%
Agriculture and consumer26.0%25.0%USD 1.2 bn4.2%

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%.

Exhibit 4China is the largest country market at USD 1.6 bn in 2026, and the three largest countries hold 54.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Maleic Anhydride market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 1.6 bn, 36.0%; United States: USD 539 mn, 12.0%; Germany: USD 270 mn, 6.0%; South Korea: USD 225 mn, 5.0%; Japan: USD 225 mn, 5.0%; India: USD 225 mn, 5.0%; Italy: USD 157 mn, 3.5%; Taiwan: USD 135 mn, 3.0%; Saudi Arabia: USD 135 mn, 3.0%; Brazil: USD 112 mn, 2.5%.China1.6 bn 36.0%United States539 mn 12.0%Germany270 mn 6.0%South Korea225 mn 5.0%Japan225 mn 5.0%India225 mn 5.0%Italy157 mn 3.5%Taiwan135 mn 3.0%Saudi Arabia135 mn 3.0%Brazil112 mn 2.5%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 1.6 bn36.0%USD 2.7 bn5.2%
2United StatesUSD 539 mn12.0%USD 733 mn3.1%
3GermanyUSD 270 mn6.0%USD 352 mn2.7%
4South KoreaUSD 225 mn5.0%USD 338 mn4.2%
5JapanUSD 225 mn5.0%USD 310 mn3.3%
6IndiaUSD 225 mn5.0%USD 451 mn7.2%
7ItalyUSD 157 mn3.5%USD 211 mn3.0%
8TaiwanUSD 135 mn3.0%USD 190 mn3.5%
9Saudi ArabiaUSD 135 mn3.0%USD 232 mn5.6%
10BrazilUSD 112 mn2.5%USD 183 mn5.0%
11NetherlandsUSD 72 mn1.6%USD 113 mn4.5%
12BelgiumUSD 66 mn1.5%USD 103 mn4.5%
13SpainUSD 60 mn1.3%USD 93 mn4.5%
14FranceUSD 57 mn1.3%USD 88 mn4.5%
15United KingdomUSD 50 mn1.1%USD 78 mn4.5%
16ThailandUSD 47 mn1.1%USD 85 mn6.0%
17RussiaUSD 44 mn1.0%USD 68 mn4.5%
18TurkeyUSD 41 mn0.9%USD 63 mn4.5%
19MexicoUSD 38 mn0.8%USD 58 mn4.5%
20MalaysiaUSD 35 mn0.8%USD 62 mn6.0%
21CanadaUSD 31 mn0.7%USD 49 mn4.6%
22IndonesiaUSD 31 mn0.7%USD 56 mn6.0%
23PolandUSD 28 mn0.6%USD 44 mn4.6%
24VietnamUSD 25 mn0.6%USD 45 mn6.0%
25EgyptUSD 22 mn0.5%USD 39 mn6.0%
Rest of worldUSD 206 mn4.6%USD 321 mn4.5%
Exhibit 5China and India account for 50% of the USD 2.6 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Maleic Anhydride market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 4.5 bn. China: +USD 1.1 bn; India: +USD 226 mn; United States: +USD 193 mn; South Korea: +USD 114 mn; Saudi Arabia: +USD 98 mn; 20 other countries: +USD 747 mn; Rest of world: +USD 115 mn. Market value 2036: USD 7.0 bn.Market value 20264.5 bnChina+1.1 bnIndia+226 mnUnited States+193 mnSouth Korea+114 mnSaudi Arabia+98 mn20 other countries+747 mnRest of world+115 mnMarket value 20367.0 bn

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.

Read the full research methodology

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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