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

Thailand Maleic Anhydride Market Synopsis

The maleic anhydride market in Thailand is projected to be worth US$ 19 million, showing a healthy CAGR of 6.9%. Growing automotive industry coupled with huge investments being made by OEMs into interior styling solutions will lead to higher need for polyester resins which require maleic anhydride as raw material input; thereby giving impetus to its usage over the coming years ahead. Moreover introduction of biodegradable packaging products due their eco friendly nature will also support adoption rates over short term horizon owing presence malefan polymers within them which requires MA content ;thus further pushing up overall sales volumes

Drivers of the Market

The maleic anhydride market in Thailand is driven by its applications in various industries, including coatings, adhesives, and plastics. As demand for these downstream products grows, the need for maleic anhydride as a key intermediate also increases. The market benefits from the presence of major producers like Huntsman Corporation and Polynt Group, contributing to the availability and accessibility of maleic anhydride in Thailand.

Challenges of the Market

The maleic anhydride market in Thailand faces challenges related to raw material availability and pricing volatility. Maleic anhydride production relies on feedstocks like butane and benzene, the availability and cost of which can fluctuate due to factors like global supply, demand dynamics, and geopolitical influences. Additionally, environmental regulations and sustainability concerns pose challenges to the industry`s growth, prompting companies to adopt more eco-friendly production processes.

COVID-19 Impact on the Market

The maleic anhydride market in Thailand, like many chemical markets, experienced disruptions due to the COVID-19 pandemic. The lockdowns, supply chain disruptions, and decreased industrial activities negatively impacted the demand for maleic anhydride, which finds applications in various industries, including plastics, resins, and coatings.

Key Players in the Market

In the maleic anhydride market in Thailand, prominent players include Huntsman Corporation, Ashland Global Holdings Inc., and Nippon Shokubai Co., Ltd. These companies are involved in the production and distribution of maleic anhydride, which finds applications in various industries, including chemicals, plastics, and coatings.

Key Highlights of the Report:

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