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INTRODUCTION
Maleic anhydride is a colourless, crystalline (sand-like), needle-shaped, flaky, pellet- or lumpy, fused mass with a pungent, unpleasant odour. In addition to being employed as a copolymer in the production of polyester and other resins, it is also a component of both pesticides and medications.
Unsaturated polyester resin, coatings, pharmaceuticals, agricultural products, surfactants, and plastic additives are all made with maleic anhydride.
It is also utilised in the production of agricultural products.A similar allergy to asthma may be brought on by maleic anhydride. Future exposure may result in asthma attacks with wheezing, coughing, and/or chest tightness. Kidney problems could result from maleic anhydride.
MALEIC ANHYDRIDE RESIN MARKET SIZE AND FORECAST
The Global Maleic anhydride resin market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
MALEIC ANHYDRIDE RESIN MARKET RECENT DEVELOPMENT
In order to support its internal consumption of maleic anhydride for the expanding global composites market, Polynt-Reichhold Group, a global manufacturer of composite materials, intermediate chemicals, coating resins, thermosetting composites, gel coats, and niche chemical specialties, announces that a new reactor has been ordered.
The reactor, which has a 60 ktpa Maleic Anhydride capability, will be installed at the Ravenna facility and is anticipated to be put into service soon. The new reactor will be made by, a well-known global leader in the production of high-quality equipment and vessels for the petrochemical industry.
One of the guiding principles of their group is the integration of intermediates and resins. In order to provide a steady and dependable supply of their internal building blocks, they are committed to supporting this business model as their global manufacturing of composites expands.
These requirements will continue to be satisfied by the necessary quantities of maleic anhydride thanks to the new reactor in Ravenna, which was created using our exclusive technologies.
One of the biggest producers and suppliers of specialties, intermediates, and composites in the world, Polynt-Reichhold Group serves the markets for industrial, transportation, building and construction, marine, healthcare, consumer goods, and food additives. The Polynt-Reichhold Group operates 37 production facilities in Europe, Asia, and North and South America.
MALEIC ANHYDRIDE RESIN MARKET COMPANY PROFILE
MALEIC ANHYDRIDE RESIN MARKET THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
