Maleic Anhydride is an organic compound with a strong unpleasant smell, which is mainly produced by the oxidation of n-butane or butene in the benzene solution. The colorless crystal appears to be a needle, flake, rod, or fused mass-like structure. The melting and boiling points of the compound measure around 52.8° C and 202° C, respectively.
The compound easily dissolves in water and produces maleic acid as a resulting compound. It also dissolves with ethanol to produce different ester compounds. Commercially, it is used to produce unsaturated polyester resins and alkyd resins.
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Taiwan, China, and the United States are the key exporting countries to export maleic anhydride. On the other hand, the key importing countries for the same are India, the United States, and Belgium.
Key Details About the Maleic Anhydride Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Maleic Anhydride price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Maleic Anhydride Price chart, including India Maleic Anhydride price, USA Maleic Anhydride price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Maleic Anhydride Price Trend:
Maleic Anhydride is an industrial chemical crystal used in a wide range of applications, including the manufacturing of chemicals for agrochemical, food, pharmaceutical, paper, petroleum, and textile industries.
The compound is used as a precursor or as an additive in manufacturing fumaric acid, malic acid, and succinic acid, which is used as a food additive in the food industry. It is used to produce insecticides and pesticides in the agrochemical industry that is used in the agricultural fields to maintain healthy and nutritional crops.
Moreover, Maleic Anhydride treats water when added to the surfactants. It is also used in manufacturing hairsprays, petroleum products, artificial sweeteners, bathroom fixtures, pipes and ducts, corrosion-resistant tanks, construction tools, auto repair putty, paints, and coating, Fiber glasses, synthetic marble, electrical products, polyester resins, etc.
Key Players:
- Lanxess AG
- Huntsman Corporation
- MOL Group
- Nippon Shokubai Co., Ltd
News & Recent Development
- Date: June 13, 2023- The Petronas Chemicals decided to acquire a 113-kilo tonnes per annum Maleic Anhydride plant located at Gebeng, Kuantan, Malaysia.
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