South Korea Maleic Anhydride Market Size & Outlook
South Korea maleic anhydride market, 2018-2030 (US$M)
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South Korea maleic anhydride market highlights
- The South Korea maleic anhydride market generated a revenue of USD 79.5 million in 2022 and is expected to reach USD 111.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.3% 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.
Maleic anhydride market data book summary
| Market revenue in 2022 | USD 79.5 million |
| Market revenue in 2030 | USD 111.7 million |
| Growth rate | 4.3% (CAGR from 2022 to 2030) |
| Largest segment | Unsaturated polyester resins (upr) |
| Fastest growing segment | 1,4-butanediol (BDO) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, South Korea accounted for 1.9% of the global maleic anhydride market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China maleic anhydride market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,723.6 million by 2030.
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Maleic Anhydride Market Scope
Maleic Anhydride Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea 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 47.67% in 2022. Horizon Databook has segmented the South Korea 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.
- South Korea Maleic Anhydride Application Outlook (Revenue, USD Million, 2018-2030)
- Unsaturated Polyester Resins (UPR)
- 1,4-butanediol (BDO)
- Additives (Lubricants & Oil)
- Copolymers
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea maleic anhydride market , including forecasts for subscribers. This country databook contains high-level insights into South Korea maleic anhydride market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea maleic anhydride market size, by application, 2018-2030 (US$M)
South Korea Maleic Anhydride Market Outlook Share, 2022 & 2030 (US$M)
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