Report Overview:
Maleic anhydride (C2H2(CO)2O), also known as MAN, is a cyclic dicarboxylic anhydride that is used as an organic intermediate in the manufacturing of numerous industrial chemicals. Typically produced through the vapor phase oxidation of aromatic compounds, such as n-butane or benzene, at very high temperatures, it is characterized by its arid odor and colorless white solid form. It is partially soluble in benzene, chloroform, and toluene while being fully soluble in ethanol, acetone, and dioxane. Although MAN is highly reactive, its production poses relatively low environmental risks. The intermediate finds extensive applications in the formulation of unsaturated polyester resins (UPR), alkenyl succinic anhydrides, automotive composites, lubricant additives, coatings, surfactants, plastic additives, and pharmaceuticals.
The market is primarily driven by considerable growth in the automotive industry. This can be attributed to the rapid utilization of unsaturated polyester resins (UPR) in the manufacturing of a large number of automotive composites, including closure panels, body panels, fenders, heat shields and headlamp reflectors. In line with this, the increasing adoption of cleaner fuels in automobiles is leading to a higher uptake of oil additives, which, in turn, is propelling the market growth. The growing commercialization of bio-based maleic anhydride in agricultural chemicals is also providing an impetus to the market growth. Besides this, the rising demand for premium quality paints and coatings, coupled with the flourishing construction sector, is creating lucrative growth opportunities in the market. Some of the other factors further creating a positive outlook for the market include rapid industrialization, the increasing sales of passenger cars and commercial vehicles, the growing number of automotive repairments, extensive research and development (R&D) activities and the rising environmental concerns regarding toxic emissions.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the maleic anhydride manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the maleic anhydride industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the maleic anhydride industry.
The following technical and economic aspects are included in the report
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