Prismane

Europe Maleic Anhydride (MAN) Market Demand & Forecast Analysis, 2016-2032

Europe Maleic Anhydride Market Overview 

Europe Maleic Anhydride market size is projected to reach USD 1.2 billion by 2032, up from the current market size of USD 798 million in 2022, with a CAGR of 5.2% from 2023 to 2032. Maleic Anhydride serves as a crucial intermediate in the production of Unsaturated Polyester Resins (UPR), Copolymers, Lubricating Oil Additives, 1,4- Butanediol, Alkenyl Succinic Anhydride, Maleic Acid, Fumaric Acid, Agricultural Chemicals and Others.

Approximately 70% of Maleic Anhydride is utilized in the manufacturing of Unsaturated Polyester Resins, while the remaining portion is employed in the production of Copolymers, Lubricating Oil Additives, 1,4- Butanediol, Alkenyl Succinic Anhydride, Maleic Acid, Fumaric Acid, Agricultural Chemicals and Others.

Europe Maleic Anhydride Demand, By Application, 2022 (Kilo Tons)

Europe Maleic Anhydride Demand, By Application, 2022 (Kilo Tons)
Source: Secondary & Primary Research and Prismane Consulting estimates

Europe Maleic Anhydride Capacity

In 2022, Europe Maleic Anhydride capacity stood at 359 kilo tons with INEOS, Polynt SpA and SIBUR being the major Maleic Anhydride producer accounting for around 70% of the regional capacity. INEOS operates a 105 kilo tons Maleic Anhydride plant in Germany while Polynt SpA operates Maleic Anhydride plant in Ravenna and Scanzorosciate with a total capacity of 100 kilo tons per annum. In first quarter of 2022, SIBUR completed the commissioning of 45 kilo tons maleic anhydride located in Tobolsk, Russia.

Europe Maleic Anhydride Capacity, 2022 (Kilo Tons)

Europe Maleic Anhydride Capacity, 2022 (Kilo Tons)
Source: Secondary & Primary Research and Prismane Consulting estimates

Europe Maleic Anhydride Demand

Europe is the third biggest consumer of Maleic Anhydride accounting for around 15% of the global Maleic Anhydride market. Italy, Germany, France, Austria, Poland, and Turkey are the major Maleic Anhydride consumers in Europe accounting for around 70% of the regional demand. 

Italy dominates the regional Maleic Anhydride market accounting for over 30% of the regional market followed by Turkey and Germany at 15% and 12% respectively. Turkey is a net importer of Maleic Anhydride with average imports of around 36 kilo tons in between 2016-2022. The Maleic Anhydride imports in the Turkey has grown from around 27 kilo tons in 2016 to the current level of 50 kilo tons. This strong growth can be attributed to the increasing production of Unsaturated Polyester Resins in the country. China, South Korea, and Germany are the major Maleic Anhydride exporter to Turley with each exporting over 8 kilo tons of Maleic Anhydride each year.

Europe Maleic Anhydride Key Players

BASF, Lanxess, INEOS (Sasol /Huntsman), Polynt SpA, Zaklady Azotowe Kedzierzyn SA, Oxoplast division - (ZAK), Global Ispat Koksna Industrija doo Lukavac, Ruse Chemicals, Hungarian Oil and Gas Plc - (MOL), ESIM Chemicals (DSM), and SIBUR are some of the key Maleic Anhydride players in Europe.

Europe Maleic Anhydride Recent Developments


MOL Group has announced to invest around $100 million for the construction of 23 kilo tons Maleic Anhydride plant in Hungary. The plant in expected to come online by 2026.

In 2019, PJSC Tatneft announced to construct a 50 kilo tons Maleic Anhydride and 25 Kilo tons of Maleic Anhydride derivative plant. The plant was originally slated to start operation by end of 2021. However, the construction of the plant is delayed, and it is expected to commercial operation in the coming year.

Scope of Report 

The Maleic Anhydride report describes Europe Maleic Anhydride market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Application
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Maleic Anhydride Market data in terms of volume and value for each end-use 
   at regional and country level
•  Maleic Anhydride Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2021
          -  Base - 2022
          -  Forecast Period - 2023 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand-Supply Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      •  Chemicals
      •  Agriculture
      •  Others
5.  Plants & Projects Analysis
      •  Maleic Anhydride Production Capacity, by Company
      •  Maleic Anhydride Production Capacity, by Country and by region
      •  Capacity Overview
6.  Introduction to Maleic Anhydride and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
              - Oxidation of benzene
              - Oxidation of n-butane
              - Oxidation of n-butene
              - Coproduct of phthalic anhydride manufacture
      •  Environmental Issues
      •  Value Chain
      •  Applications
7.  Market Dynamics and Industry Trends 
      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
8.  Europe Maleic Anhydride Demand-Supply Analysis, By Applications (Volume, Value) (2016–2032)
      •  Strategic Issues
      •  Demand-Supply Analysis and Forecast (2016 – 2032)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Imports
          -  Exports
          -  Net Trade
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Europe Maleic Anhydride Market, By Applications
          -  Unsaturated Polyester Resins (UPR)
          -  Copolymers
          -  Lubricating Oil Additives
          -  1,4- Butanediol
          -  Alkenyl Succinic Anhydride
          -  Maleic Acid
          -  Fumaric Acid
          -  Agricultural Chemicals
          -  Others
9.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Imports
      •  Exports
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  Maleic Anhydride Market, By Applications
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Belgium
         -  Netherlands
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Turkey
         -  Czech Republic
         -  Rest of Central & Eastern Europe
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2023 – 2032)
10.  Pricing Analysis
      •  Average Maleic Anhydride Prices, USD/Kg
      •  Average Maleic Anhydride Prices, by Country 
      •  Average Maleic Anhydride Prices, by Region
      •  Price Forecast
11.  Key Strategic Issues
12.  Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
13.  Strategic Recommendation & Suggestions
14.  Company Analysis and Market Share Analysis
      •  Maleic Anhydride Manufacturers Profiles/ Company Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Recent Developments
         -  Companies Covered
             -  BASF
             -  Lanxess
             -  INEOS (Sasol /Huntsman)
             -  Polynt SpA
             -  Zaklady Azotowe Kedzierzyn SA, Oxoplast division - (ZAK)
             -  Global Ispat Koksna Industrija doo Lukavac
             -  Ruse Chemicals 
             -  Hungarian Oil and Gas Plc - (MOL)
             -  ESIM Chemicals (DSM)
             -  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
15.  Appendices
      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2032

Scope of Report 

The Maleic Anhydride report describes Europe Maleic Anhydride market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Application
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Maleic Anhydride Market data in terms of volume and value for each end-use 
   at regional and country level
•  Maleic Anhydride Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

What is the current production capacity of Maleic Anhydride in Europe?
In 2022, Europe Maleic Anhydride capacity stood at 359 kilo tons with INEOS, Polynt SpA and SIBUR being the major Maleic Anhydride producer accounting for around 70% of the regional capacity.
What is the current market size of Europe Maleic Anhydride market?
Europe Maleic Anhydride market size is projected to reach USD 1.2 billion by 2032, up from the current market size of USD 798 million in 2022, with a CAGR of 5.2% from 2023 to 2032.
Who are the key manufacturers Maleic Anhydride in Europe?
BASF, Lanxess, INEOS (Sasol /Huntsman), Polynt SpA, Zaklady Azotowe Kedzierzyn SA, Oxoplast division - (ZAK), Global Ispat Koksna Industrija doo Lukavac, Ruse Chemicals, Hungarian Oil and Gas Plc - (MOL), ESIM Chemicals (DSM), and SIBUR are some of the key Maleic Anhydride players in Europe.