Burlingame, CA, May 19, 2025 (GLOBE NEWSWIRE) — The global maleic anhydride market is estimated to be valued at USD 4.82 Bn in 2025. The market is expected to reach USD 7.16 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2025 to 2032, according to a new report by Coherent Market Insights. The growth of the product market is primarily driven by the rising demand for unsaturated polyester resins (UPR), a key ingredient in fiberglass-reinforced resins. These resins are widely utilized in automotive and marine industries, as well as in construction applications such as sinks, countertops, and bathtubs.
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Global Maleic Anhydride Market Key Takeaways
According to Coherent Market Insights (CMI), the maleic anhydride market size is forecast to total USD 4.82 Bn in 2025 and USD 7.16 Bn by 2032.
Global demand for maleic anhydride will likely increase at a moderate CAGR of 5.8% throughout the forecast period.
Based on raw material, n-butane segment is expected to generate a revenue of around USD 2.68 Bn in 2025.
By applications, unsaturated polyester resins (UPR) segment is expected to account for around 36.3% of the global maleic anhydride market share in 2025.
Asia Pacific remains the leading consumer of maleic anhydride, owing to booming construction and automotive industries. The region is set to account for more than half of the global maleic anhydride market revenue share in 2025.
As per Coherent Market Insights’ latest maleic anhydride market analysis, North America is expected to exhibit fastest-growth during the assessment period. It will likely account for one-fourth of the total revenue share in the maleic anhydride market by 2025.
Rising Demand for Unsaturated Polyester Resins Fueling Market Growth
Coherent Market Insights’ latest maleic anhydride market report highlights prominent factors driving the industry’s growth. Increasing demand for unsaturated polyester resins from diverse industries is one such growth driver.
Maleic anhydride is mostly used as a vital raw material for producing unsaturated polyester resins. According to Coherent Market Insights, UPR segment is expected to account for nearly two-fifths of the global maleic anhydride consumption in 2025.
Unsaturated polyester resins are used in diverse applications, including vehicles, machinery, construction, and furniture. As demand for UPRs continues to rise in these applications, so will sales of maleic anhydride.
Also Read: Unsaturated Polyester Resins Market Size & Forecast (2025-2032)
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