Japan Maleic Anhydride Market Size, Share, By Raw Material (N-Butane, Benzene), By Application (Unsaturated Polyester Resin, Copolymers, Lubricant Additives, Alkenyl Succinic Anhydrides, Malic Acid, Fumaric Acid, and Others), By End-Use (Construction, Automotive, Food & Beverages, Textile, Pharmaceuticals, Personal Care, Agriculture, Others), Japan Maleic Anhydride Market Industry Trend, Forecasts to 2035

Japan Maleic Anhydride Market Insights Forecasts to 2035

• Japan Maleic Anhydride Market Size 2024: USD 895 Million
• Japan Maleic Anhydride Market Size 2035:  USD 6745 Million
• Japan Maleic Anhydride Market CAGR 2024: 20.15%
• Japan Maleic Anhydride Market Segments: Raw Material, Application, and End Use. 

The Japan Maleic Anhydride Market Size is related to the production, distribution, and consumption of maleic anhydride, a major chemical used in resins, paints, lubricants, and agricultural chemicals. It is mainly produced from petroleum-based materials and is used as a raw material for various industrial purposes, such as unsaturated polyester resins, copolymers, and fumaric acid production, which helps the manufacturing and chemical sectors in Japan. Furthermore, the Japan maleic anhydride market is growth is by rising demand from the construction, automotive, and electronics industries. Increasing use of unsaturated polyester resins in composites, paints, and coatings boosts consumption. Expansion of the agricultural and chemical sectors also supports demand. Technological advancements in production processes, rising industrialisation, and growing exports of maleic anhydride derivatives further contribute to market growth in Japan.

The Japan government is involved in regulating chemical production based on environmental, safety, and industrial standards to promote sustainable production. Energy efficiency, emission control, and chemical safety policies affect maleic anhydride production. Industrial support policies and programs encourage innovation and research in chemicals, while strict handling, storage, and transportation policies promote worker safety and environmental protection.

Market trends for maleic anhydride in Japan include the introduction of bio-based maleic anhydride, sustainable manufacturing processes and the enhancement of production via the use of novel catalysts. The increasing use of maleic anhydride in high-performance resin and coatings represents a significant increase in demand for maleic anhydride products. Moreover, manufacturers are increasingly working towards reducing carbon emissions, recycling by-products and improving overall supply chain efficiencies. As a result of these efforts, there has also been a continuing series of strategic partnerships and mergers between companies within the chemical manufacturing industry.

Market Dynamics of the Japan Maleic Anhydride Market:

The Japan Maleic Anhydride Market Size is driven by increased industrial demand, growth within the automotive and construction sectors, and increasing volume of unsaturated polyester resin production. New technologies being developed for production processes will allow to reduce costs and increasing efficiency within manufacturing operations.

he Japan Maleic Anhydride Market Size will be limited by fluctuating oil prices, which can greatly affect feedstock prices and profit margins. These environmental regulations also mean companies incur additional compliance costs as well as operational limitations. In addition, production of maleic anhydride utilizes a significant amount of energy, contributing to the overall cost of production. The market is also being influenced by the high level of competition from manufacturers operating globally, which is driving down prices.

The opportunities exist in the areas of developing sustainable and bio-based maleic anhydride products, opportunities to expand into higher performance resins and increased utilisation of maleic anhydride in agricultural chemicals. Technological advances, such as the development of advanced catalysts and energy-efficient production processes, will provide manufacturers with lower costs to manufacture maleic anhydride. Significant growth opportunities will exist from the industrial growth in several sectors, government incentives for companies producing green chemicals and opportunities to export maleic anhydride products internationally.  

Market Segmentation

The Japan maleic anhydride market share is classified into raw materials, applications, and end use.

By Raw Material:

The Japan Maleic Anhydride Market Size is divided by raw material into n-butane and benzene. Among these, the n-butane segment dominated the share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The n-butane segment dominates due to it offers higher yield, lower production costs, and cleaner, environmentally safer processing compared to benzene, which faces stricter regulations and health concerns, making N-Butane the preferred choice in Japan’s maleic anhydride production.

By Application:

The Japan Maleic Anhydride Market Size is divided by application into unsaturated polyester resin, copolymers, lubricant additives, alkenyl succinic anhydrides, malic acid, fumaric acid, others. Among these, the unsaturated polyester resin segment dominated the share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The unsaturated polyester resin industry dominates due to it is widely used in construction, automotive, and industrial applications. Its demand for fibreglass-reinforced plastics, coatings, adhesives, and composites drives large-scale maleic anhydride consumption, ensuring a significant market share in Japan.

By End Use:

The Japan Maleic Anhydride Market Size is divided by end use into construction, automotive, food & beverages, textile, pharmaceuticals, personal care, agriculture, and others. Among these, the construction segment dominated the share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The construction dominates because maleic anhydride is extensively used in unsaturated polyester resins for building materials, coatings, adhesives, and composites. Growing infrastructure development, urbanisation, and renovation projects in Japan drive consistent demand, making construction the dominant end-use segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organisations/companies involved within the Japan maleic anhydride market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Top Key Companies in Japan Maleic Anhydride Market:

• Mitsubishi Chemical Group Corporation
• Nippon Shokubai Co., Ltd.
• Tosoh Corporation
• Mitsui Chemicals, Inc.
• NOF Corporation
• Kawasaki Kasei Chemicals Ltd.
• Honshu Chemical Industry Co., Ltd.
• Sumitomo Chemical Co., Ltd.
• DIC Corporation.
• UBE Corporation
• Other

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan maleic anhydride market based on the below-mentioned segments:

Japan Maleic Anhydride Market, By Raw Material.

• N-Butane
• Benzene

Japan Maleic Anhydride Market, By Application

• Unsaturated Polyester Resin
• Copolymers
• Lubricant Additives
• Alkenyl Succinic Anhydrides
• Malic Acid
• Fumaric Acid
• Others

Japan Maleic Anhydride Market, by End Use.

• Construction
• Automotive
• Food & Beverages
• Textile
• Pharmaceuticals
• Personal Care
• Agriculture
• Others