Maleic Anhydride Market Poised for Remarkable 4.46% Expansion

According to a new report by Univdatos Market Insights, the Global Maleic Anhydride Market is expected to reach USD 4,512.28 million in 2032, growing at a CAGR of 4.46%. The market is witnessing substantial growth driven by the increasing demand for unsaturated polyester resins (UPR), which are widely used in the construction, automotive, and marine industries. For More Detailed Analysis in PDF Format, Visit- https://univdatos.com/get-a-free-sample-form-php/?product_id=63816 Demand: The market is experiencing solid growth due to the following reasons. First, the shifting of auto industry consumers’ demand to lighter vehicles with higher fuel efficiency has boosted the usage of unsaturated polyester resins (UPR), the primary end use of maleic anhydride. This demand is especially strong in the automotive and transportation sectors, as the use of UPR is due to its properties such as ultra lightness and ultra strongness. For instance, companies like BASF and Polynt-Reichhold, the ...