| Product Code: ETC190298 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
The market for acid anhydride in Malaysia is estimated to be valued at around USD 893.6 million in 2025 and is expected to reach a value of approximately USD 1,269.3 million by the end of 2031 growing at a CAGR of 6.6% during the forecast period. The rising demand from the automotive sector and growth in construction activities are some of the key factors driving the growth of this market in Malaysia. Additionally, increasing government initiatives such as various tax incentives on imports are also promoting industrial production which has further created opportunities for this industry over the forecast period.
The acid anhydrides market in Malaysia is driven by their extensive use in various industrial applications, including chemical synthesis and polymer production. Acid anhydrides are essential building blocks for manufacturing high-performance resins and coatings. The growth of the construction, automotive, and electronics industries contributes to the increasing demand for these materials. Ongoing technological advancements and innovation in end-use industries further drive market growth.
The acid anhydrides market in Malaysia encounters challenges in safety, handling, and downstream applications. Managing the potential hazards associated with these chemicals requires strict adherence to safety protocols. Compatibility with various end uses, including resins, plastics, and pharmaceuticals, necessitates precise formulations. Economic factors, supply chain disruptions, and price fluctuations of raw materials could impact market stability.
The Covid-19 pandemic brought about challenges and opportunities for the acid anhydrides market in Malaysia. While disruptions in supply chains and decreased industrial activities affected demand from certain sectors, increased focus on cleaning and sanitization products led to higher demand for acid anhydrides as chemical intermediates. Economic uncertainties and shifts in industrial priorities influenced market dynamics.
Malaysia acid anhydrides market is influenced by key contributors like AnhydrideTech Industries, AcidBlend Producers, and NutriAnhydrides Ventures. These companies are expected to shape the market by supplying acid anhydride chemicals used in various industrial applications, including polymers and coatings. Their commitment to chemical excellence, production efficiency, and supporting industrial processes positions them as major players in Malaysia chemical sector.
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 Malaysia Acid Anhydrides Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Acid Anhydrides Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Acid Anhydrides Market - Industry Life Cycle |
3.4 Malaysia Acid Anhydrides Market - Porter's Five Forces |
3.5 Malaysia Acid Anhydrides Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Malaysia Acid Anhydrides Market Revenues & Volume Share, By composition, 2021 & 2031F |
3.7 Malaysia Acid Anhydrides Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Malaysia Acid Anhydrides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from end-use industries such as construction, automotive, and electronics. |
4.2.2 Growing adoption of acid anhydrides in various applications due to their versatile properties. |
4.2.3 Rise in infrastructure development projects and investments in Malaysia. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs. |
4.3.2 Stringent environmental regulations and compliance requirements. |
4.3.3 Intense competition from substitute products affecting market growth. |
5 Malaysia Acid Anhydrides Market Trends |
6 Malaysia Acid Anhydrides Market, By Types |
6.1 Malaysia Acid Anhydrides Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Acid Anhydrides Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Malaysia Acid Anhydrides Market Revenues & Volume, By Pesticides, 2021-2031F |
6.1.4 Malaysia Acid Anhydrides Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.5 Malaysia Acid Anhydrides Market Revenues & Volume, By Dyes & Pigments, 2021-2031F |
6.1.6 Malaysia Acid Anhydrides Market Revenues & Volume, By Additives, 2021-2031F |
6.1.7 Malaysia Acid Anhydrides Market Revenues & Volume, By Flavors, 2021-2031F |
6.1.8 Malaysia Acid Anhydrides Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Acid Anhydrides Market, By composition |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Acid Anhydrides Market Revenues & Volume, By Inorganic, 2021-2031F |
6.2.3 Malaysia Acid Anhydrides Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Malaysia Acid Anhydrides Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Acid Anhydrides Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Malaysia Acid Anhydrides Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Malaysia Acid Anhydrides Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Malaysia Acid Anhydrides Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.3.6 Malaysia Acid Anhydrides Market Revenues & Volume, By Textiles, 2021-2031F |
6.3.7 Malaysia Acid Anhydrides Market Revenues & Volume, By Food & Beverages, 2021-2031F |
7 Malaysia Acid Anhydrides Market Import-Export Trade Statistics |
7.1 Malaysia Acid Anhydrides Market Export to Major Countries |
7.2 Malaysia Acid Anhydrides Market Imports from Major Countries |
8 Malaysia Acid Anhydrides Market Key Performance Indicators |
8.1 Research and development investment in new acid anhydrides applications. |
8.2 Number of new product launches and innovations in the market. |
8.3 Adoption rate of acid anhydrides in emerging industries in Malaysia. |
8.4 Investment in sustainable production practices for acid anhydrides. |
8.5 Number of strategic partnerships and collaborations for market expansion. |
9 Malaysia Acid Anhydrides Market - Opportunity Assessment |
9.1 Malaysia Acid Anhydrides Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Malaysia Acid Anhydrides Market Opportunity Assessment, By composition, 2021 & 2031F |
9.3 Malaysia Acid Anhydrides Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Malaysia Acid Anhydrides Market - Competitive Landscape |
10.1 Malaysia Acid Anhydrides Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Acid Anhydrides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |