Product Code: ETC4693319 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada Maleic Anhydride Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 0.02% in 2025, the growth rate steadily ascends to 0.03% in 2029.
The maleic anhydride market in Canada is expanding due to its use in the production of resins, chemicals, and pharmaceuticals. Maleic anhydride is a versatile chemical compound used in various industrial processes, including the manufacture of unsaturated polyester resins and plasticizers. The market is driven by the increasing demand for these products in construction, automotive, and consumer goods sectors.
The maleic anhydride market in Canada is primarily driven by its applications in the production of unsaturated polyester resins (UPR), which are used extensively in automotive, construction, and marine industries. The growing demand for lightweight materials, coupled with the increasing need for durable and corrosion-resistant products, is pushing the adoption of maleic anhydride in the market.
The maleic anhydride market in Canada faces challenges related to fluctuating raw material prices and the high cost of production. Ensuring that maleic anhydride meets industry standards and regulatory requirements while addressing environmental and safety concerns is crucial. Additionally, competition from alternative chemical products and adapting to changes in market demand and applications pose significant challenges. The market must also focus on cost-effective and sustainable production practices.
The Canadian government supports the maleic anhydride market through regulations that ensure product safety and environmental compliance. Policies focus on maintaining high standards for maleic anhydride production and use, and the government provides incentives for research into new applications and advancements in maleic anhydride technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Maleic Anhydride Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Maleic Anhydride Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Maleic Anhydride Market - Industry Life Cycle |
3.4 Canada Maleic Anhydride Market - Porter's Five Forces |
3.5 Canada Maleic Anhydride Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Canada Maleic Anhydride Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Canada Maleic Anhydride Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Canada Maleic Anhydride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for maleic anhydride in various end-use industries such as construction, automotive, and agriculture. |
4.2.2 Growth in the manufacturing sector in Canada leading to higher consumption of maleic anhydride. |
4.2.3 Rising investments in research and development activities to enhance product quality and applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like butane and benzene impacting the production cost of maleic anhydride. |
4.3.2 Stringent environmental regulations regarding emissions and waste disposal affecting the manufacturing processes. |
4.3.3 Competition from substitute products like fumaric acid and succinic acid posing a challenge to market growth. |
5 Canada Maleic Anhydride Market Trends |
6 Canada Maleic Anhydride Market Segmentations |
6.1 Canada Maleic Anhydride Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Canada Maleic Anhydride Market Revenues & Volume, By N-Butane, 2021-2031F |
6.1.3 Canada Maleic Anhydride Market Revenues & Volume, By Benzene, 2021-2031F |
6.2 Canada Maleic Anhydride Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Maleic Anhydride Market Revenues & Volume, By Unsaturated Polyester Resin, 2021-2031F |
6.2.3 Canada Maleic Anhydride Market Revenues & Volume, By Copolymers, 2021-2031F |
6.2.4 Canada Maleic Anhydride Market Revenues & Volume, By Lubricant Additives, 2021-2031F |
6.2.5 Canada Maleic Anhydride Market Revenues & Volume, By Alkenyl Succinic Anhydrides, 2021-2031F |
6.2.6 Canada Maleic Anhydride Market Revenues & Volume, By Malic Acid, 2021-2031F |
6.2.7 Canada Maleic Anhydride Market Revenues & Volume, By Fumaric Acid, 2021-2031F |
6.3 Canada Maleic Anhydride Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Canada Maleic Anhydride Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Canada Maleic Anhydride Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Canada Maleic Anhydride Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.5 Canada Maleic Anhydride Market Revenues & Volume, By Textile, 2021-2031F |
6.3.6 Canada Maleic Anhydride Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.7 Canada Maleic Anhydride Market Revenues & Volume, By Personal Care, 2021-2031F |
6.3.8 Canada Maleic Anhydride Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Canada Maleic Anhydride Market Revenues & Volume, By Others, 2021-2031F |
7 Canada Maleic Anhydride Market Import-Export Trade Statistics |
7.1 Canada Maleic Anhydride Market Export to Major Countries |
7.2 Canada Maleic Anhydride Market Imports from Major Countries |
8 Canada Maleic Anhydride Market Key Performance Indicators |
8.1 Research and Development (RD) expenditure focused on product innovation and expanding application areas. |
8.2 Capacity utilization rates in maleic anhydride production facilities. |
8.3 Adoption rate of eco-friendly production technologies and processes. |
8.4 Number of patents filed for maleic anhydride-related products or processes. |
8.5 Rate of adoption of maleic anhydride in emerging industries or applications. |
9 Canada Maleic Anhydride Market - Opportunity Assessment |
9.1 Canada Maleic Anhydride Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Canada Maleic Anhydride Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Canada Maleic Anhydride Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Canada Maleic Anhydride Market - Competitive Landscape |
10.1 Canada Maleic Anhydride Market Revenue Share, By Companies, 2024 |
10.2 Canada Maleic Anhydride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |