Price Trends of Maleic Anhydride in its Latest Insights and Dashboard

Request for Real Time Maleic Anhydride Prices: https://www.procurementresource.com/resource-center/maleic-anhydride-price-trends/pricerequest

Maleic Anhydride, a cyclic anhydride of maleic acid, is a white, crystalline solid with an unpleasant smell, though it is produced as a liquid or gas. Due to the presence of two acid carbonyl groups and a double bond in its structure, maleic anhydride can be applied in a variety of industrial settings. It comes from organic malic acid. In the 1830s, the first maleic anhydride and maleic and fumaric acids were created. However, it took another century before their manufacture at a commercial level.

In both processes, butane and benzene are introduced into a hot air stream and heated at much higher temperatures before passing through a catalyst bed. The butane approach uses vanadium phosphate as a catalyst, whereas the benzene route uses vanadium pentoxide and molybdenum trioxide.

The main regions which contribute to the highest market revenue and imports of maleic anhydride are Bermuda and the Bahamas. On the other hand, is followed by the United Kingdom and Spain.

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, 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:

The Maleic Anhydride price trend is affected by its industrial uses which include the manufacturing of coatings, agricultural products, surfactants, and additives to plastics. Moreover, it is also utilized in the creation of unsaturated polyester resin.

Key Market Players:

• Lanxess AG
• Huntsman Corporation
• MOL Group
• Nippon Shokubai Co., Ltd

News and Events:

• November 01, 2021: IOD built Panipat’s first massive maleic anhydride plant in India with investing over INR 3,681 Crores.

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• Ethanoic Anhydride Price Trend - https://www.procurementresource.com/resource-center/ethanoic-anhydride-price-trends
• Acetaldehyde Price Trend - https://www.procurementresource.com/resource-center/acetaldehyde-price-trends

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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