Europe Maleic Anhydride Market Size & Outlook, 2022-2030
Europe maleic anhydride market, 2018-2030 (US$M)
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Europe maleic anhydride market highlights
- The Europe maleic anhydride market generated a revenue of USD 760.1 million in 2022.
- The market is expected to grow at a CAGR of 2.6% from 2023 to 2030.
- In terms of segment, unsaturated polyester resins (upr) was the largest revenue generating application in 2022.
- 1,4-butanediol (BDO) is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 760.1 million |
| Market revenue in 2030 | USD 933.3 million |
| Growth rate | 2.6% (CAGR from 2022 to 2030) |
| Largest segment | Unsaturated polyester resins (upr) |
| Fastest growing segment | 1,4-butanediol (BDO) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Unsaturated Polyester Resins (UPR), 1,4-butanediol (BDO), Additives (Lubricants & Oil), Copolymers |
| Key market players worldwide | Cepsa, INEOS, Huntsman Corp, Lanxess AG, Mitsubishi Corp, Nippon Shokubai Co Ltd, Perfect Moment Ltd, Chongqing Rural Commercial Bank Co Ltd Class H, Tianjin Port Development Holdings Ltd |
Other key industry trends
- In terms of revenue, Europe region accounted for 18.0% of the global maleic anhydride market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,202.3 million by 2030.
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Maleic Anhydride Market Scope
Maleic Anhydride Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe maleic anhydride market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to maleic anhydride market will help companies and investors design strategic landscapes.
Unsaturated polyester resins (upr) was the largest segment with a revenue share of 50.28% in 2022. Horizon Databook has segmented the Europe maleic anhydride market based on unsaturated polyester resins (upr), 1,4-butanediol (bdo), additives (lubricants & oil), copolymers covering the revenue growth of each sub-segment from 2018 to 2030.
The advancing automotive and construction industries are expected to drive the demand for maleic anhydride in the region as it is majorly used in the production of unsaturated polymer resins, which further finds usage in the automobile, construction, and pharmaceutical industries.
According to the International Trade Administration, in 2021 Italy has the 11th largest construction market globally. Additionally, according to the National Association of Building Contractors (ANCE), the construction industry in Italy witnessed an increase of 16.4%, in terms of investment, amounting to USD 161.19 billion in 2021.
Moreover, as per the European Construction Industry Federation, the construction industry in Germany witnessed an increase of 3.2% in 2021 with investment in the construction sector reaching USD 411.97 billion. In addition, construction orders in the country witnessed an increase of 9.4% in 2021 compared to the previous year.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe maleic anhydride market , including forecasts for subscribers. This continent databook contains high-level insights into Europe maleic anhydride market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe maleic anhydride market size, by country, 2018-2030 (US$M)
Europe Maleic Anhydride Market Outlook Share, 2022 & 2030 (US$M)
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