Adoption of Unsaturated Polyester Resins Will Boost the Global Maleic Anhydride Market through 2019: Technavio

LONDON--()--Technavio has announced the publication of a new report on the Global Maleic Anhydride Market, which is expected to post a CAGR of 7.25 percent from 2015-2019.

About the Report

According to the latest report by Technavio, growing demand for and adoption of unsaturated polyester resins in end-use industries like marine, automobile, infrastructure and construction are propelling the growth of this market.

“Favorable global economic conditions and increased economic activities in developing regions are fueling the demand for unsaturated polyester resins, which in turn contributes to market growth,” says Faisal Ghaus, Vice President of Technavio.

The new Technavio report also emphasizes the growing consumer preference for high-performance and sustainable products, which is expected to have a significant impact on market growth in the coming years. Similarly, consumers and manufacturers are realizing the importance of recyclability, biodegradability and sustainability and this trend towards greener tech is expected to open new growth prospects.

“Technological developments enable the use of renewables or replace one petroleum-based chemical with an environmentally friendly chemical, which is expected to drive the global demand for maleic anhydride,” says Ghaus.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2019
  • Market Growth Drivers:
    • Rise in demand for unsaturated polyester resins
    • For a full detailed list, view our report.
  • Market Challenges:
    • Volatility in raw material prices
    • For a full detailed list, view our report.
  • Market Trends:
    • Commercialization of bio-based maleic anhydride
    • For a full detailed list, view our report.
  • Key Vendors:
    • Ashland Inc.
    • DSM NV
    • Huntsman-Sasol
    • Polynt
  • Other Prominent Vendors:
    • Bartek Ingredients
    • Compania Espanola de Petroleos
    • Flint Hills Resources
    • Fuso Chemical

Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the chemical market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com

Release Summary

Technavio has announced the publication of a new report on the Global Maleic Anhydride Market, which is expected to post a CAGR of 7.25 percent from 2015-2019.

Contacts

Technavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com