Product Code: ETC13395983 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Anhydrides Market was valued at USD 3.8 Billion in 2024 and is expected to reach USD 5.5 Billion by 2031, growing at a compound annual growth rate of 5.30% during the forecast period (2025-2031).
The global anhydrides market is experiencing steady growth, driven by increasing demand from various industries such as construction, automotive, and pharmaceuticals. Anhydrides are widely used in the production of resins, coatings, plastics, and pharmaceuticals due to their excellent chemical properties. The market is also influenced by technological advancements leading to the development of innovative products with enhanced performance characteristics. Asia-Pacific region dominates the market due to rapid industrialization, infrastructure development, and growing demand for consumer goods. Key players in the global anhydrides market include companies like Huntsman Corporation, BASF SE, and DuPont, who are focusing on strategic collaborations, product innovations, and expanding their production capacities to maintain a competitive edge in the market.
The global anhydrides market is witnessing steady growth due to increasing demand from various end-use industries such as construction, automotive, and electronics. The market is driven by the growing construction activities in emerging economies, particularly in the Asia-Pacific region. Additionally, the rising use of anhydrides in the production of resins, plastics, and coatings is further fueling market growth. Opportunities in the market include the development of bio-based anhydrides to cater to the increasing demand for sustainable and eco-friendly products. Furthermore, technological advancements and innovations in manufacturing processes are expected to enhance the efficiency and performance of anhydrides, thereby opening up new avenues for market expansion. Overall, the global anhydrides market is poised for significant growth in the coming years, driven by evolving industry trends and emerging opportunities.
The Global Anhydrides Market faces several challenges, including fluctuating raw material prices, stringent environmental regulations, and increasing competition from alternative products. The volatility in raw material costs, such as benzene and maleic anhydride, can impact the overall profitability of anhydrides manufacturers. Additionally, strict environmental regulations regarding emissions and waste disposal pose challenges for companies operating in this sector, requiring them to invest in sustainable practices and technologies. Moreover, the market faces competition from substitutes like phthalic anhydride and bio-based alternatives, which offer similar functionalities at potentially lower costs. To stay competitive, anhydrides manufacturers need to innovate, streamline operations, and diversify their product offerings to meet evolving customer demands and regulatory requirements.
The global anhydrides market is primarily driven by the growing demand from various end-use industries such as construction, automotive, electronics, and pharmaceuticals. The expanding construction sector, particularly in emerging economies, is fueling the demand for anhydrides in applications such as adhesives, sealants, and coatings. Additionally, the increasing use of anhydrides in the production of resins, plastics, and pharmaceuticals is further propelling market growth. Technological advancements leading to the development of innovative products with enhanced properties are also driving market expansion. Moreover, the rising focus on sustainability and eco-friendly products is influencing manufacturers to explore bio-based anhydrides, thereby creating new growth opportunities in the market.
Government policies related to the Global Anhydrides Market primarily focus on environmental regulations, trade policies, and safety standards. Governments across the globe are increasingly implementing stricter environmental regulations to reduce emissions and promote sustainable practices in the production and use of anhydrides. Trade policies play a crucial role in shaping the market dynamics by influencing tariffs, quotas, and trade agreements that impact the import and export of anhydrides. Safety standards enforced by governments aim to ensure the safe handling, storage, and transportation of anhydrides to protect workers and the environment. Overall, government policies in the Global Anhydrides Market are aimed at promoting sustainable growth, ensuring fair trade practices, and safeguarding public health and the environment.
The global anhydrides market is anticipated to witness steady growth in the coming years, driven by demand from various industries such as construction, automotive, and electronics. The increasing use of anhydrides in the production of resins, plastics, and pharmaceuticals, coupled with the growing construction activities in emerging economies, will likely contribute to market expansion. Additionally, the rising focus on sustainable and eco-friendly products is expected to drive the demand for anhydrides derived from renewable sources. However, challenges such as fluctuating raw material prices and stringent environmental regulations may impact market growth. Overall, technological advancements and innovations in product development are likely to create opportunities for market players to enhance their market presence and cater to the evolving needs of end-users.
In the Global Anhydrides Market, Asia Pacific is expected to dominate in terms of market share due to the increasing demand from end-use industries such as construction, automotive, and electronics in countries like China and India. North America and Europe are also anticipated to hold significant market shares driven by the presence of key players and technological advancements in the region. The Middle East and Africa region is projected to witness steady growth attributed to the expanding construction and infrastructure development activities. Latin America is expected to show moderate growth due to the increasing investments in the chemical industry. Overall, the global market for anhydrides is poised for growth across all regions with Asia Pacific leading the way in terms of market expansion and opportunities.
Global Anhydrides Market |
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 Global Anhydrides Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Anhydrides Market Revenues & Volume, 2021 & 2031F |
3.3 Global Anhydrides Market - Industry Life Cycle |
3.4 Global Anhydrides Market - Porter's Five Forces |
3.5 Global Anhydrides Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Anhydrides Market Revenues & Volume Share, By Composition, 2021 & 2031F |
3.7 Global Anhydrides Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.8 Global Anhydrides Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Anhydrides Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Global Anhydrides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Anhydrides Market Trends |
6 Global Anhydrides Market, 2021 - 2031 |
6.1 Global Anhydrides Market, Revenues & Volume, By Composition, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Anhydrides Market, Revenues & Volume, By Inorganic, 2021 - 2031 |
6.1.3 Global Anhydrides Market, Revenues & Volume, By Organic, 2021 - 2031 |
6.2 Global Anhydrides Market, Revenues & Volume, By Types, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Anhydrides Market, Revenues & Volume, By Acetic Anhydride, 2021 - 2031 |
6.2.3 Global Anhydrides Market, Revenues & Volume, By Maleic Anhydride, 2021 - 2031 |
6.2.4 Global Anhydrides Market, Revenues & Volume, By Isobutyric Anhydride, 2021 - 2031 |
6.2.5 Global Anhydrides Market, Revenues & Volume, By Propionic Anhydride, 2021 - 2031 |
6.2.6 Global Anhydrides Market, Revenues & Volume, By Phthalic Anhydride, 2021 - 2031 |
6.2.7 Global Anhydrides Market, Revenues & Volume, By Isatoic Acid Anhydride, 2021 - 2031 |
6.2.8 Global Anhydrides Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Anhydrides Market, Revenues & Volume, By Pesticides, 2021 - 2031 |
6.3.3 Global Anhydrides Market, Revenues & Volume, By Plasticizers, 2021 - 2031 |
6.3.4 Global Anhydrides Market, Revenues & Volume, By Dyes & Pigments, 2021 - 2031 |
6.3.5 Global Anhydrides Market, Revenues & Volume, By Additives, 2021 - 2031 |
6.3.6 Global Anhydrides Market, Revenues & Volume, By Flavors, 2021 - 2031 |
6.3.7 Global Anhydrides Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Anhydrides Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Anhydrides Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.4.3 Global Anhydrides Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.4.4 Global Anhydrides Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.4.5 Global Anhydrides Market, Revenues & Volume, By Agrochemicals, 2021 - 2031 |
6.4.6 Global Anhydrides Market, Revenues & Volume, By Textiles, 2021 - 2031 |
6.4.7 Global Anhydrides Market, Revenues & Volume, By Food & Beverages, 2021 - 2031 |
6.4.8 Global Anhydrides Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Anhydrides Market, Overview & Analysis |
7.1 North America Anhydrides Market Revenues & Volume, 2021 - 2031 |
7.2 North America Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Anhydrides Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Anhydrides Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Anhydrides Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Anhydrides Market, Revenues & Volume, By Composition, 2021 - 2031 |
7.4 North America Anhydrides Market, Revenues & Volume, By Types, 2021 - 2031 |
7.5 North America Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Anhydrides Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
8 Latin America (LATAM) Anhydrides Market, Overview & Analysis |
8.1 Latin America (LATAM) Anhydrides Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Anhydrides Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Anhydrides Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Anhydrides Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Anhydrides Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Anhydrides Market, Revenues & Volume, By Composition, 2021 - 2031 |
8.4 Latin America (LATAM) Anhydrides Market, Revenues & Volume, By Types, 2021 - 2031 |
8.5 Latin America (LATAM) Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Anhydrides Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
9 Asia Anhydrides Market, Overview & Analysis |
9.1 Asia Anhydrides Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Anhydrides Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Anhydrides Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Anhydrides Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Anhydrides Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Anhydrides Market, Revenues & Volume, By Composition, 2021 - 2031 |
9.4 Asia Anhydrides Market, Revenues & Volume, By Types, 2021 - 2031 |
9.5 Asia Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Anhydrides Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
10 Africa Anhydrides Market, Overview & Analysis |
10.1 Africa Anhydrides Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Anhydrides Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Anhydrides Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Anhydrides Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Anhydrides Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Anhydrides Market, Revenues & Volume, By Composition, 2021 - 2031 |
10.4 Africa Anhydrides Market, Revenues & Volume, By Types, 2021 - 2031 |
10.5 Africa Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Anhydrides Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
11 Europe Anhydrides Market, Overview & Analysis |
11.1 Europe Anhydrides Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Anhydrides Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Anhydrides Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Anhydrides Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Anhydrides Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Anhydrides Market, Revenues & Volume, By Composition, 2021 - 2031 |
11.4 Europe Anhydrides Market, Revenues & Volume, By Types, 2021 - 2031 |
11.5 Europe Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Anhydrides Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
12 Middle East Anhydrides Market, Overview & Analysis |
12.1 Middle East Anhydrides Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Anhydrides Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Anhydrides Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Anhydrides Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Anhydrides Market, Revenues & Volume, By Composition, 2021 - 2031 |
12.4 Middle East Anhydrides Market, Revenues & Volume, By Types, 2021 - 2031 |
12.5 Middle East Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Anhydrides Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
13 Global Anhydrides Market Key Performance Indicators |
14 Global Anhydrides Market - Export/Import By Countries Assessment |
15 Global Anhydrides Market - Opportunity Assessment |
15.1 Global Anhydrides Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Anhydrides Market Opportunity Assessment, By Composition, 2021 & 2031F |
15.3 Global Anhydrides Market Opportunity Assessment, By Types, 2021 & 2031F |
15.4 Global Anhydrides Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Anhydrides Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
16 Global Anhydrides Market - Competitive Landscape |
16.1 Global Anhydrides Market Revenue Share, By Companies, 2024 |
16.2 Global Anhydrides Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |