India Maleic Anhydride Market (2025-2031) Outlook | Revenue, Growth, Size, Trends, Forecast, Share, Industry, Analysis, Value & Companies

India Maleic Anhydride Market Import Shipment Trend (2020-2024)

The India maleic anhydride market import shipment demonstrated robust growth from 2020 to 2024, with a notable CAGR of 18.1%. The growth rate between 2023 and 2024, at 16.9%, indicated a slightly slower yet still strong expansion in the market during that period. Overall, the market exhibited significant momentum and a clear upward trend over the specified years.

India Maleic Anhydride Market Synopsis

The India Maleic Anhydride Market is projected to witness healthy growth in the coming years due to increased demand from industries such as automotive, chemical processing, plasticizers, coating and resins. The increasing demand for specialty polymers and their uses in numerous industrial applications are expected to drive market growth. High investments in research and development activities coupled with technological advancements are anticipated to further propel the growth of this market over the forecast period

Market Drivers

Growth in end use industries such as automotive and plastics is one of the major factors driving the maleic anhydride market in India. Increase in utilization of maleic anhydride based additives for improving performance characteristics of various products is also boosting its demand. Increasing disposable income has led to a rise in consumer spending on durable goods which has propelled the need for better quality plastics that contain maleic anhydride derivatives, thereby driving up its sales. Stringent government regulations regarding environmental protection have pushed companies towards using bio-based materials leading to higher consumption of bioplastics containing maleic anhydrides like MALPHAZTM derived from sugarcane juice or glucose syrup produced by fermentation processes instead of petroleum-based materials. This factor will create new opportunities for manufacturers operating within this space over the coming years.

Challenges of the Market

High production costs associated with manufacturing process can be a major challenge restraining the overall growth rateas these increase cost pressure on producers who then have pass over it onto consumers resulting into high prices making them less competitive compared than other petrochemicals available at cheaper rates thus limiting their overall sales volume throughout global markets including India domestic industry domain too.

Key Players in the Market

Some key players operating within India Maleic Anhydride Market include Reliance Industries Ltd., RIL Petrochemicals Pvt Ltd., Gujarat State Fertilizers & Chemicals Ltd., Veer Organics Pvt Ltd., BASF SE, Eastman Chemical Company etc

Key Highlights of the Report:

• India Maleic Anhydride Market Outlook
• Market Size of India Maleic Anhydride Market, 2024
• Forecast of India Maleic Anhydride Market, 2031
• Historical Data and Forecast of India Maleic Anhydride Revenues & Volume for the Period 2021-2031
• India Maleic Anhydride Market Trend Evolution
• India Maleic Anhydride Market Drivers and Challenges
• India Maleic Anhydride Price Trends
• India Maleic Anhydride Porter's Five Forces
• India Maleic Anhydride Industry Life Cycle
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Raw Material for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By N-Butane for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Benzene for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Unsaturated Polyester Resin for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Copolymers for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Lubricant Additives for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Alkenyl Succinic Anhydrides for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Malic Acid for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Fumaric Acid for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By End-users for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Construction for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Automotive for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Food & Beverages for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Textile for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Personal Care for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Agriculture for the Period 2021-2031
• Historical Data and Forecast of India Maleic Anhydride Market Revenues & Volume By Others for the Period 2021-2031
• India Maleic Anhydride Import Export Trade Statistics
• Market Opportunity Assessment By Raw Material
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By End-users
• India Maleic Anhydride Top Companies Market Share
• India Maleic Anhydride Competitive Benchmarking By Technical and Operational Parameters
• India Maleic Anhydride Company Profiles
• India Maleic Anhydride Key Strategic Recommendations