Product Code: ETC13339794 | 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 Maleic Acid Market was valued at USD 0.83 Billion in 2024 and is expected to reach USD 1.2 Billion by 2031, growing at a compound annual growth rate of 6.43% during the forecast period (2025-2031).
The global maleic acid market is witnessing steady growth driven by increasing demand from various end-use industries such as automotive, construction, and food & beverage. Maleic acid is widely used in the production of resins, lubricants, food additives, and agricultural chemicals, among other applications. The market is also benefiting from the growing trend towards bio-based and sustainable chemicals, with maleic acid being derived from renewable sources such as bio-based feedstock. Asia Pacific region, particularly China and India, is expected to dominate the market due to the presence of a large manufacturing base and increasing investments in infrastructure development. Key market players are focusing on product innovation and strategic partnerships to gain a competitive edge in the global maleic acid market.
The Global Maleic Acid Market is experiencing growth due to the increasing demand for maleic acid in various industries such as construction, automotive, and agriculture. The market is driven by its wide range of applications including production of adhesives, resins, and lubricants. Additionally, the rising focus on sustainable and bio-based products is creating opportunities for the market players to innovate and develop eco-friendly maleic acid products. The market is also witnessing a shift towards the usage of bio-based maleic acid derived from renewable sources, which is expected to further propel market growth. Emerging economies in Asia-Pacific and Latin America are key regions offering substantial growth opportunities for maleic acid manufacturers as they witness rapid industrialization and infrastructure development. Overall, the Global Maleic Acid Market is poised for significant growth and innovation in the coming years.
The Global Maleic Acid Market faces challenges such as fluctuating raw material prices, increasing competition from alternative products, and regulatory restrictions on the use of maleic acid in certain applications. Additionally, the market is sensitive to economic conditions and global trade dynamics, which can impact demand and pricing trends. Sustainability concerns and the need for eco-friendly production processes also present challenges for maleic acid manufacturers. Adapting to changing customer preferences and achieving cost efficiency in production are essential for companies operating in this market to remain competitive and sustain growth in the long term.
The global maleic acid market is primarily driven by the increasing demand from various end-use industries such as construction, automotive, and food & beverage. Maleic acid is widely used in the production of unsaturated polyester resins, which find extensive applications in the construction and automotive sectors for manufacturing composite materials. Additionally, the growing popularity of convenience food products is boosting the demand for maleic acid as a food additive and preservative. The rising construction activities, automotive production, and the expanding food industry are key drivers fueling the growth of the global maleic acid market. Furthermore, the increasing focus on sustainable practices and the shift towards bio-based maleic acid production are expected to create new opportunities for market growth in the coming years.
Government policies related to the Global Maleic Acid Market vary depending on the country, but generally focus on environmental regulations, trade agreements, and industry standards. For example, in the European Union, maleic acid is regulated under REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) to ensure its safe use and minimize environmental impact. In the United States, maleic acid is subject to regulations by the Environmental Protection Agency (EPA) under various laws such as the Toxic Substances Control Act (TSCA). Additionally, trade agreements and tariffs can impact the global maleic acid market, influencing prices and market dynamics. Overall, government policies play a crucial role in shaping the maleic acid market by promoting sustainability, ensuring product safety, and regulating trade practices.
The Global Maleic Acid Market is expected to witness steady growth in the coming years due to increasing demand from various end-use industries such as construction, automotive, and chemicals. The market is likely to be driven by the rising use of maleic acid in the production of unsaturated polyester resins, which are extensively used in the manufacturing of fiberglass reinforced plastics. Additionally, the growing application of maleic acid in the production of lubricating oil additives and as a feedstock in the synthesis of various chemicals is anticipated to further fuel market growth. Factors such as technological advancements, expanding industrial infrastructure, and increasing investments in research and development activities are also expected to contribute to the positive outlook for the Global Maleic Acid Market in the foreseeable future.
In the global maleic acid market, Asia Pacific region is anticipated to lead in terms of market share and growth due to the increasing demand from end-use industries such as construction, automotive, and agriculture. North America and Europe are expected to show steady growth driven by the expanding manufacturing sector and rising investments in research and development activities. The Middle East and Africa region is projected to witness moderate growth attributed to growing industrialization and infrastructure developments. Latin America is likely to experience significant growth owing to the rising demand for maleic acid in the pharmaceutical and chemical industries. Overall, the global maleic acid market is expected to witness robust growth across all regions driven by increasing applications in various industries.
Global Maleic Acid 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 Maleic Acid Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Maleic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Global Maleic Acid Market - Industry Life Cycle |
3.4 Global Maleic Acid Market - Porter's Five Forces |
3.5 Global Maleic Acid Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Maleic Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Maleic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Maleic Acid Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Maleic Acid Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Maleic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Maleic Acid Market Trends |
6 Global Maleic Acid Market, 2021 - 2031 |
6.1 Global Maleic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Maleic Acid Market, Revenues & Volume, By Fumaric Acid Production, 2021 - 2031 |
6.1.3 Global Maleic Acid Market, Revenues & Volume, By Resin Manufacturing, 2021 - 2031 |
6.1.4 Global Maleic Acid Market, Revenues & Volume, By Plasticizers, 2021 - 2031 |
6.2 Global Maleic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Maleic Acid Market, Revenues & Volume, By Food Industry, 2021 - 2031 |
6.2.3 Global Maleic Acid Market, Revenues & Volume, By Coatings, 2021 - 2031 |
6.2.4 Global Maleic Acid Market, Revenues & Volume, By Polymer Production, 2021 - 2031 |
6.3 Global Maleic Acid Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Maleic Acid Market, Revenues & Volume, By Beverage Manufacturers, 2021 - 2031 |
6.3.3 Global Maleic Acid Market, Revenues & Volume, By Industrial, 2021 - 2031 |
6.3.4 Global Maleic Acid Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.4 Global Maleic Acid Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Maleic Acid Market, Revenues & Volume, By Direct Sales, 2021 - 2031 |
6.4.3 Global Maleic Acid Market, Revenues & Volume, By Online Sales, 2021 - 2031 |
6.4.4 Global Maleic Acid Market, Revenues & Volume, By Distributors, 2021 - 2031 |
7 North America Maleic Acid Market, Overview & Analysis |
7.1 North America Maleic Acid Market Revenues & Volume, 2021 - 2031 |
7.2 North America Maleic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Maleic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Maleic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Maleic Acid Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Maleic Acid Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Maleic Acid Market, Overview & Analysis |
8.1 Latin America (LATAM) Maleic Acid Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Maleic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Maleic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Maleic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Maleic Acid Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Maleic Acid Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Maleic Acid Market, Overview & Analysis |
9.1 Asia Maleic Acid Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Maleic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Maleic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Maleic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Maleic Acid Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Maleic Acid Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Maleic Acid Market, Overview & Analysis |
10.1 Africa Maleic Acid Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Maleic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Maleic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Maleic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Maleic Acid Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Maleic Acid Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Maleic Acid Market, Overview & Analysis |
11.1 Europe Maleic Acid Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Maleic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Maleic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Maleic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Maleic Acid Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Maleic Acid Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Maleic Acid Market, Overview & Analysis |
12.1 Middle East Maleic Acid Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Maleic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Maleic Acid Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Maleic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Maleic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Maleic Acid Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Maleic Acid Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Maleic Acid Market Key Performance Indicators |
14 Global Maleic Acid Market - Export/Import By Countries Assessment |
15 Global Maleic Acid Market - Opportunity Assessment |
15.1 Global Maleic Acid Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Maleic Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Maleic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Maleic Acid Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Maleic Acid Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Maleic Acid Market - Competitive Landscape |
16.1 Global Maleic Acid Market Revenue Share, By Companies, 2024 |
16.2 Global Maleic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |