Product Code: ETC088148 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Nigeria Maleic Anhydride Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 1.24% in 2028, following an initial rate of 0.98%, before easing to 1.19% at the end of the period.
The Nigeria Maleic Anhydride Market focuses on the production and application of maleic anhydride. This chemical is used in the manufacture of resins, coatings, and plastics, making it vital for the chemical industry.
The maleic anhydride market in Nigeria is witnessing growth driven by its applications across various industries such as chemicals, plastics, resins, and pharmaceuticals. Maleic anhydride is a versatile chemical intermediate used in the production of unsaturated polyester resins, which are widely used in construction, automotive, and marine industries for manufacturing fiberglass-reinforced products such as pipes, tanks, and boats. Additionally, maleic anhydride is used in the production of specialty chemicals, agricultural chemicals, and pharmaceuticals. The increasing demand for construction materials, consumer goods, and pharmaceutical products in Nigeria is driving the consumption of maleic anhydride. Moreover, the availability of raw materials and advancements in production technologies are supporting market growth.
In Nigeria, the maleic anhydride market faces challenges such as volatility in raw material prices, inadequate production capacity, and competition from substitute products. These challenges impact market growth and hinder the development of maleic anhydride-based products for applications such as resins, coatings, and polymers.
Policies related to the maleic anhydride market in Nigeria may focus on chemical safety, industrial applications, and environmental protection. The government may regulate the production, storage, and transportation of maleic anhydride to prevent accidents, minimize environmental pollution, and ensure workplace safety. Additionally, policies may support research and development initiatives to explore new applications for maleic anhydride and promote its sustainable utilization in various industries.
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 Nigeria Maleic Anhydride Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Maleic Anhydride Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Maleic Anhydride Market - Industry Life Cycle |
3.4 Nigeria Maleic Anhydride Market - Porter's Five Forces |
3.5 Nigeria Maleic Anhydride Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Nigeria Maleic Anhydride Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Nigeria Maleic Anhydride Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Nigeria Maleic Anhydride Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Maleic Anhydride Market Trends |
6 Nigeria Maleic Anhydride Market, By Types |
6.1 Nigeria Maleic Anhydride Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Maleic Anhydride Market Revenues & Volume, By Raw Material, 2021-2031F |
6.1.3 Nigeria Maleic Anhydride Market Revenues & Volume, By N-Butane, 2021-2031F |
6.1.4 Nigeria Maleic Anhydride Market Revenues & Volume, By Benzene, 2021-2031F |
6.2 Nigeria Maleic Anhydride Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Maleic Anhydride Market Revenues & Volume, By Unsaturated Polyester Resin, 2021-2031F |
6.2.3 Nigeria Maleic Anhydride Market Revenues & Volume, By Copolymers, 2021-2031F |
6.2.4 Nigeria Maleic Anhydride Market Revenues & Volume, By Lubricant Additives, 2021-2031F |
6.2.5 Nigeria Maleic Anhydride Market Revenues & Volume, By Alkenyl Succinic Anhydrides, 2021-2031F |
6.2.6 Nigeria Maleic Anhydride Market Revenues & Volume, By Malic Acid, 2021-2031F |
6.2.7 Nigeria Maleic Anhydride Market Revenues & Volume, By Fumaric Acid, 2021-2031F |
6.3 Nigeria Maleic Anhydride Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Maleic Anhydride Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Nigeria Maleic Anhydride Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Nigeria Maleic Anhydride Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.5 Nigeria Maleic Anhydride Market Revenues & Volume, By Textile, 2021-2031F |
6.3.6 Nigeria Maleic Anhydride Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.7 Nigeria Maleic Anhydride Market Revenues & Volume, By Personal Care, 2021-2031F |
6.3.8 Nigeria Maleic Anhydride Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Nigeria Maleic Anhydride Market Revenues & Volume, By Others, 2021-2031F |
7 Nigeria Maleic Anhydride Market Import-Export Trade Statistics |
7.1 Nigeria Maleic Anhydride Market Export to Major Countries |
7.2 Nigeria Maleic Anhydride Market Imports from Major Countries |
8 Nigeria Maleic Anhydride Market Key Performance Indicators |
9 Nigeria Maleic Anhydride Market - Opportunity Assessment |
9.1 Nigeria Maleic Anhydride Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Nigeria Maleic Anhydride Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Maleic Anhydride Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Nigeria Maleic Anhydride Market - Competitive Landscape |
10.1 Nigeria Maleic Anhydride Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Maleic Anhydride Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |