Maleic Anhydride Plant Cost 2022: Price Trend and Production Cost Analysis 2027 | Syndicated Analytics
Posted on 14 November, 2022 by Mark Wilson
The latest report by Syndicated Analytics titled “Maleic Anhydride Production Cost Analysis 2022-2027: Capital Investment, Manufacturing Process, Raw Materials, Operating Cost, Industry Trends and Revenue Statistics” offers the requisite knowledge one requires before foraying into the maleic anhydride industry. The report encompasses exhaustive insights pertaining to pricing, margins, utility costs, operating costs, capital investments, raw material requirements and primary process flow, which is based on the latest economic data. It is a must-read report for new entrants, investors, researchers, consultants and business strategists that assists them in understanding the maleic anhydride industry in a better manner to make informed business decisions.
Maleic anhydride (C4H2O3) refers to a cyclic dicarboxylic anhydride that is utilized as an organic intermediate in the production of several industrial chemicals. It is generally manufactured through the vapor phase oxidation of aromatic compounds, such as benzene or n-butane, at very high temperatures but poses relatively low environmental risks. Maleic anhydride is partially soluble in benzene, toluene, and chloroform while being fully soluble in acetone, ethanol, and dioxane. As a result, it finds widespread applications in the formulation of alkenyl succinic anhydrides, unsaturated polyester resins (UPR), automotive composites, coatings, surfactants, plastic additives, lubricant additives, pharmaceuticals, etc.
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The growing utilization of UPR in the manufacturing of a large number of lightweight automotive components, such as closure panels, fenders, heat shields, etc., is primarily driving the growth of the maleic anhydride market. In addition to this, the escalating adoption of cleaner fuels in automobiles is resulting in increased uptake of oil additives, which, in turn, is catalyzing the market for maleic anhydride. Moreover, the rising demand for premium quality coatings and paints, along with the flourishing construction sector, is further impelling the market growth. Besides this, the increasing usage of maleic anhydride as a dispersant and corrosion inhibitor in lubricating oil additives is creating a positive outlook for the global market. Furthermore, extensive investments in R&D activities aimed at developing bio-based feedstock to reduce the toxicity of benzene and other aromatic compounds are projected to bolster the maleic anhydride market across the globe over the forecasted period.
Key questions answered in this report:
- What is the current scenario of the maleic anhydride market?
- What is the historical performance of the maleic anhydride market?
- What are the major market trends in the industry?
- What is the maleic anhydride manufacturing process?
- What are the mass balance and raw material requirements for maleic anhydride production?
- What are the various costs related to the maleic anhydride production/manufacturing?
- What are the project economics?
- What are the profit margins?
- What are the maleic anhydride pricing trends?
In case you need any specific business requirements, you can mention the same. We can customize the report based on the specific needs of the client.
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About Us: Syndicated Analytics, a subsidiary of IMARC Group, offers consulting services and provides comprehensive market intelligence in the form of research reports, production cost reports and feasibility studies. Our team, consisting of experienced researchers and analysts from diverse industries, is deeply committed to the quality of the information and insights delivered to the clients, which range from small and medium enterprises to Fortune 1000 companies. These firms are able to achieve this by studying the qualitative and quantitative aspects of the market as well as staying up-to-date with the current and the evolving trends of the industry.
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27 March, 2019