|By PR Newswire||
|February 11, 2014 03:00 PM EST||
DUBLIN, February 11, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/rrc6pc/maleic_anhydride) has announced the addition of the "Concise Analysis of the International Maleic Anhydride Market - Forecasts to 2018" report to their offering.
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Maleic anhydride is an organic compound with a strong acrid odor is colorless and appears in white crystalline flakes. It is manufactured commercially by oxidation of butane or benzene. Maleic anhydride is widely used in the manufacturing of unsaturated polyester resins. These resins are used in general construction, automobile bodies, pipes and ducts, corrosion resistant tanks, paints and coatings, bathroom fixtures, furniture, radar domes, and fiberglass reinforced plastics.
Maleic anhydride is a crucial raw material for manufacturing unsaturated polyester resins. Building & construction, automotive/transportation, pipes & tanks, marine, wind energy and electrical & electronics are the key end users. Manufacturing of corrosion resistant tanks, paints and coatings, bathroom fixtures and fiberglass-reinforced plastics are the other applications. Robust growth in end user markets has resulted in an increased demand for unsaturated polyester resins. Unsaturated polyester resins are widely used in structural and decorative applications as their low cost of manufacturing, excellent service temperatures and weight advantage make them a better substitute to metals. The global maleic anhydride market was valued at USD 3.8 billion in 2011 and is expected to grow at a CAGR of 6.4% from 2012 to 2018.
Unsaturated polyester resins, BDO, additives (Lubricants and oil), copolymers, etc. are major application of maleic anhydride. In 2012, unsaturated polyester resins were the largest application segment accounting for over 49% of the global maleic anhydride market. BDO was the second largest outlet for maleic anhydride in 2012. Other key applications for maleic anhydride include the production of agricultural chemicals, lubricant additives, copolymers, malic acid, fumaric acid, surfactants and plasticizers.
Key Topics Covered:
2 Executive Summary
3 Maleic Anhydride - Industry Analysis
4 Maleic Anhydride - Application analysis
5 Maleic Anhydride - Regional Analysis
6 Company Profiles
- Ashland Inc
- Compania Espanola de Petroleos, SA
- DSM NV
- Flint Hills Resources
- Huntsman Corporation
- Lanxess AG
- MOL Hungarian Oil and Gas PLC
- Mitsubishi Chemical Holdings Corporation
- Nippon Shokubai Co Ltd
- Polynt SpA
- Thirumalai Chemicals Limited
For more information visit http://www.researchandmarkets.com/research/rrc6pc/maleic_anhydride
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SOURCE Research and Markets