World Maleic Anhydride Market to Reach 2.0 Million Metric Tons by 2012, According to New Report by Global Industry Analysts

The world maleic anhydride market is witnessing a slew of capacity expansions. In Europe, capacity expansions over the last few years have transformed the region's status from being a net importer of maleic anhydride into a net exporter, and have also resulted in supply, demand imbalances and price depressions. The continuous rise in prices of crude oil and raw materials is expected to raise production costs, and consequently bring prices of maleic anhydride under pressure. Continuous research and development efforts are expected to result in expanded market opportunities. Consumption of maleic anhydride in the production of butanediol is expected to gather momentum in the upcoming years, given butanediol's widespread and growing use in the production of thermoplastic polyurethanes, elastic fibers, pharmaceuticals, solvents, plant protection, coatings and electronic chemicals. As stated by the recent report published by Global Industry Analysts, Inc., Asia-Pacific and Europe dominate the world maleic anhydride market, with a combined share of 51.3% estimated in the year 2008. Emergence of new maleic anhydride based products, such as Bayer's iminodisuccinate, are additionally expected to help prop up consumption patterns.

Growth is the strongest in the butanediol end-use market, with developing countries setting the pace of growth. In the agricultural chemicals end-use market, growth is modest with the United States expected to consume just 5.1 thousand metric tons of maleic anhydride by the year 2010. In the Middle East, consumption in the Tetrahydrofuran end-use market is projected to reach 5.6 thousand metric tons by the year 2010. Consumption of maleic anhydride in the world Unsaturated Polyester Resins end-use market is expected to reach 1.28 million metric tons by 2015. In Europe, France and Italy, together, collar over 41% of the total maleic anhydride market as estimated in 2008.

Leading global and regional players operating in the industry include Bartek Ingredients Inc., BASF AG, BASF Antwerp NV, DSM NV, DSM Fine Chemicals Austria NFG GMBH & Co KG, Flint Hills Resources LP, Huntsman Corporation, Huntsman Performance Products, LANXESS Corporation, Lonza Group AG, Marathon Petroleum Company LLC, Mitsubishi Chemical, Mitsui Chemicals Inc, Mitsui Chemicals Polyurethanes Inc, Nippon Shokubai Co. Ltd, NOF Corporation, Polynt S.p.A, Suzhou Synthetic Chemical Co Ltd, Thirumalai Chemicals Ltd., and TCL Industries (Malaysia) Sdn. Bhd, among others.

The report titled "Maleic Anhydride: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, issues, and challenges. Richly annotated with authoritative, and unbiased commentaries, and hard-to-find statistical facts, the report provides unequivocal views on future potential while throwing light on the prevailing climate in regional markets. End-use markets analyzed in the report include Unsaturated Polyester Resins, Butanediol (BDO), Fumaric Acid, Lubricating Oil Additives, Agricultural Chemicals, Malic Acid, and Tetrahydrofuran (THF). Latent demand patterns in end-use markets are quantified across major geographic market verticals including the United States, Canada, Japan, France, Germany, United Kingdom, Italy, Spain, Russia, Asia-Pacific, Latin America, and Middle East. Also provided in the report is an enumeration of recent mergers, acquisitions, and other strategic industry activities.

For more details about this research report, please visit http://www.strategyr.com/Maleic_Anhydride_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

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