The price of maleic acid in the United States for Q4 2023 reached 1875 USD/MT in December. The price trend for maleic acid in China reached 1736 USD/MT in December 2023. In Belgium, maleic acid prices reached 2813 USD/MT.

Why did the Malic Acid Price Change in July 2025? Malic acid prices exhibited a downward trend overall through Q2 2025, falling from an average of around USD 1,621 in April to USD 1,563 by June; overall quarter-over-quarter average fluctuation registered at approximately -1.68%, signaling a bearish market trajectory.

Get the latest insights on price movement and trend analysis of Maleic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The global Malic Acid market had reached approximately 127 thousand tonnes in the year 2024 and is expected to grow at a CAGR of 3.01% during the forecast period until 2035.

The U.S. Malic acid market in Q1 2025 experienced moderate fluctuations, with prices following an overall upward trend. January began with a weak demand due to high inventories and subdued consumption, particularly in food and pharmaceuticals. Competitive imports, especially from China, contributed to the price pressure early in the month. However, demand began to recover post-holiday season, especially in food and beverage sectors, helping to stabilize prices.

Global Malic Acid Market size worth at USD 923.35 Million in 2023 and projected to USD 1410.47 Million by 2032, with a CAGR of 4.82% between 2024-2032.

Global Maleic Acid market size 2021 was recorded $2529.31 Million whereas by the end of 2025 it will reach $3354 Million. According to the author, by 2033 Maleic Acid market size will become $5897.73. Maleic Acid market will be growing at a CAGR of 7.31% during 2025 to 2033.

The global market size of Maleic Acid Anhydrides is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Maleic Acid Anhydrides Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Maleic Acid Anhydrides industry. The key insights of the report:
1.The report provides key statistics on the market status of the Maleic Acid Anhydrides manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Maleic Acid Anhydrides industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Maleic Acid Anhydrides Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Maleic Acid Anhydrides as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Maleic Acid Anhydrides market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

Maleic Acid Market Outlook

According to our latest research, the global maleic acid market size in 2024 stands at USD 358 million, with a robust compound annual growth rate (CAGR) of 5.2% expected during the forecast period from 2025 to 2033. Driven by surging demand across end-use sectors such as automotive, construction, and food & beverage, the market is forecasted to reach a value of USD 561 million by 2033. The primary growth factor fueling this expansion is the increasing utilization of maleic acid in the synthesis of unsaturated polyester resins, which are pivotal for lightweight composites in automotive and construction industries.

The growth trajectory of the maleic acid market is underpinned by the rising adoption of high-performance materials in automotive manufacturing. As automakers worldwide shift toward lighter and more fuel-efficient vehicles, unsaturated polyester resins—where maleic acid is a critical precursor—have witnessed soaring demand. These resins provide excellent mechanical properties and corrosion resistance, making them ideal for automotive body panels, bumpers, and structural components. Additionally, regulatory pressures to reduce vehicle emissions have further accelerated the adoption of composite materials, directly boosting the consumption of maleic acid.

Another significant driver for the maleic acid market is its expanding application in the food and beverage industry, where it serves as a food acidulant and preservative. The global shift toward processed and convenience foods has led to a substantial increase in the use of acidulants to enhance flavor profiles and extend shelf life. Maleic acid’s ability to provide tartness and act as a pH regulator makes it a preferred choice for manufacturers of beverages, confectioneries, and bakery products. This trend is especially prominent in rapidly urbanizing regions, where changing lifestyles and rising disposable incomes are influencing food consumption patterns.

Moreover, the chemical industry’s growing reliance on maleic acid for the production of copolymers and lubricant additives is propelling market growth. Copolymers derived from maleic acid are widely used in adhesives, paints, and coatings, which are integral to the construction and packaging sectors. The versatility of maleic acid in formulating high-performance additives for lubricants also supports the machinery and automotive sectors, ensuring efficient engine performance and reduced wear and tear. As industries continue to innovate and diversify their product portfolios, the demand for maleic acid as a fundamental building block is set to climb steadily.

From a regional perspective, the Asia Pacific region dominates the maleic acid market, accounting for the largest share due to its vibrant manufacturing base, burgeoning construction activities, and expanding automotive sector. China, India, and Southeast Asian countries are at the forefront, driven by government initiatives to boost infrastructure and industrial output. North America and Europe follow, with substantial investments in advanced composites and sustainable chemical processes. Meanwhile, Latin America and the Middle East & Africa are emerging as promising markets, benefiting from increasing industrialization and foreign direct investments in chemicals and allied sectors.

Form Analysis

The form segment of the maleic acid market is categorized into powder, granules, and liquid, each offering unique advantages for various industrial applications. Powdered maleic acid holds a significant market share due to its ease of handling, longer shelf life, and suitability for dry blending in polymer and resin formulations. Industries prefer the powder form for its convenience in storage and transportation, especially for large-scale manufacturing of unsaturated polyester resins. The high solubility of powdered maleic acid also facilitates its use in food acidulants and pharmaceutical formulations, where precise dosing is critical.

Granular maleic acid is gaining traction, particularly in applications requiring slow and controlled release, such as in agricultural chemicals and water treatment. The granular form offers improved flowability and reduced dust generation, making it safer and more efficient for bulk handling. Its ability to dissolve gradually in aqueous solutions is beneficial for fertili

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Malic Acid Market Size 2025-2029

The malic acid market size is forecast to increase by USD 70.1 million, at a CAGR of 4.9% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing demand in the food and beverage industry. Malic acid, a key ingredient in various food and beverage applications, is gaining popularity due to its ability to enhance taste, improve texture, and extend shelf life. Legal factors, such as regulations on food additives and waste management, also impact profit margins. This trend is expected to continue as consumers increasingly seek healthier and more natural food and beverage options. However, the market faces challenges due to the price volatility of raw materials. Malic acid is derived from apples, corn, or other fruits, and the cost of these raw materials can fluctuate significantly based on supply and demand dynamics.
This price volatility can impact the profitability of malic acid producers and end-users alike. Additionally, the shift toward bio-based malic acid is gaining momentum as consumers and regulatory bodies push for more sustainable and eco-friendly production methods. Companies seeking to capitalize on market opportunities must navigate these challenges effectively by implementing supply chain strategies, exploring alternative raw materials, and investing in research and development to improve production efficiency and reduce costs. In feed additives, it improves the nutritional value and digestibility of animal feed.

What will be the Size of the Malic Acid Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by its diverse applications across various sectors. L-malic acid, a key player in the market, finds extensive use in food and beverage industries as a flavor enhancer and food preservative. In the dairy and meat sectors, malic acid is employed for ph control and improving shelf life. Simultaneously, its role extends to dietary supplements, where it serves as a chelating agent and aids in enhancing nutrient absorption. Beyond food and beverage applications, malic acid's significance is felt in the pharmaceutical industry, where it is used as a pH control agent and in the production of certain drugs.

The renewable resources-based production of malic acid is gaining traction, offering a sustainable alternative to chemical synthesis. Moreover, malic acid's applications stretch to animal nutrition, personal care products, and even in the production of fumaric acid. The ongoing focus on safety standards and quality control ensures that malic acid production remains a priority for manufacturers. Gas chromatography plays a crucial role in the analysis and purification processes of malic acid, ensuring its consistent quality. Malic acid's role in ph control and food preservation continues to be a significant factor in its demand, with the environmental impact of production being a growing concern.

The market dynamics of malic acid are influenced by various factors, including the availability of raw materials, technological advancements, and regulatory requirements. The evolving nature of these factors necessitates continuous adaptation and innovation in the malic acid industry.

How is this Malic Acid Industry segmented?

The malic acid industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  L-malic acid
  Dl-malic acid
  D-malic acid


Application

  Beverages
  Confectionaries and food
  Personal care and cosmetics
  Others


End-user

  Food and beverage processing
  Pharmaceuticals industry
  Animal feed industry


Geography

  North America

    US
    Mexico


  Europe

    France
    Germany


  Middle East and Africa

    South Africa


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Product Insights

The L-malic acid segment is estimated to witness significant growth during the forecast period. L-malic acid, the levorotatory isomer of malic acid, is a naturally occurring organic compound found in various fruits, including apples and grapes. This optically active compound is biocompatible and widely utilized across several industries, particularly food and beverages, pharmaceuticals, and cosmetics. In the food and beverage sector, L-malic acid functions as a flavor enhancer, improving taste profiles in candies, fruit juices, and wines with its smooth sourness and stability. In the pharmaceutical industry, it is a key ingredient in effervescent tablets and syrups, offering both functional

The global malic acid market was valued at USD 236.62 Million in 2024. The industry is expected to expand at a CAGR of 5.40% during the forecast period of 2025-2034 to attain a value of USD 400.37 Million by 2034. One of the key drivers of the malic acid market is its increasing demand in the food and beverage industry, which is because of its use as a flavor enhancer, preservative, and acidity regulator in many products.

The Malic Acid Market Report is Segmented by Type (L-Malic Acid and DL-Malic Acid), by Grade (Food Grade and Pharmaceutical Grade), by Application (Food and Beverages, Personal Care and Cosmetics, Pharmaceuticals, and Animal Feed), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

The global maleic acid market is experiencing robust growth, projected to reach a market size of $195.5 million in 2025. While the exact Compound Annual Growth Rate (CAGR) is not provided, considering the market dynamics and growth trends observed in similar chemical sectors, a conservative estimate of 4-5% CAGR for the forecast period (2025-2033) is reasonable. This growth is fueled by increasing demand from key application sectors such as beverages, confectionery, and personal care products, where maleic acid acts as a crucial ingredient in various formulations. The rising consumer preference for natural and healthier food and beverage products is further driving the market expansion. Furthermore, the growing use of maleic anhydride and fumaric acid, the two primary forms of maleic acid, in industrial applications contributes significantly to the market's overall size. Technological advancements leading to improved production processes and cost-effective manufacturing techniques also positively influence market growth. However, certain factors may restrain market growth. Fluctuations in raw material prices and the potential for environmental regulations surrounding chemical manufacturing could impact profitability and expansion plans for companies. Competition among established players like DSM, Huntsman, Lanxess, and several Asian manufacturers, necessitates strategic pricing and product differentiation for market share gains. Despite these challenges, the market outlook remains optimistic, driven by continuous innovation in product formulations and the expansion of applications across various sectors. The geographical distribution of the market is likely diversified, with North America and Asia-Pacific regions holding significant market shares due to established manufacturing bases and robust demand.

Food Grade DL-Malic Acid Market Outlook

The global market size for food-grade DL-Malic Acid was valued at USD 150 million in 2023 and is projected to reach approximately USD 250 million by 2032, exhibiting a CAGR of 5.5% over the forecast period. The market's robust growth is primarily driven by its extensive use in the food and beverage industry, given its properties as a flavor enhancer and acidity regulator.

One of the primary growth factors for the food-grade DL-Malic Acid market is the increasing consumer demand for processed and convenience foods. As urbanization and lifestyle changes continue to drive consumer preferences towards ready-to-eat meals and beverages, the demand for food additives that can enhance flavor and shelf life is on the rise. DL-Malic Acid fits this bill perfectly, being a widely accepted additive that improves taste profiles while maintaining product stability.

Another significant growth driver is the expanding health and wellness trend. Consumers are increasingly seeking out foods and beverages that are not only convenient but also healthy. DL-Malic Acid, with its role in improving the organoleptic properties of health-oriented products like sugar-free and low-calorie foods, is gaining traction. Additionally, its application in functional foods and beverages that offer additional health benefits beyond basic nutrition is further propelling market growth.

Technological advancements in the food processing industry are also contributing to the growth of the food-grade DL-Malic Acid market. Innovations in manufacturing processes and formulation techniques are making it easier and more cost-effective to incorporate DL-Malic Acid into a wide range of products. This is particularly beneficial for small and medium-sized enterprises that are looking to compete in the global market without compromising on quality.

From a regional perspective, Asia Pacific is expected to experience the highest growth rate during the forecast period. The burgeoning middle class, rapid urbanization, and growing disposable incomes in countries like China and India are driving the demand for processed and packaged foods, which, in turn, is boosting the demand for food-grade DL-Malic Acid. Additionally, the presence of a large number of food and beverage manufacturers in the region further fuels market growth.

Maleic Acid is another compound that plays a significant role in the chemical industry, particularly in the production of resins and coatings. Its ability to enhance the durability and performance of these materials makes it a valuable additive. Moreover, Maleic Acid is used in the synthesis of various agricultural chemicals and pharmaceuticals, showcasing its versatility. As industries continue to seek sustainable and efficient chemical solutions, the demand for Maleic Acid is expected to grow, complementing the trends observed in the DL-Malic Acid market.

Form Analysis

The food-grade DL-Malic Acid market is segmented into two primary forms: powder and liquid. The powder form of DL-Malic Acid is highly preferred in the food and beverage industry due to its ease of handling, storage, and incorporation into dry mixes. It is extensively used in powdered beverage mixes, dry seasoning blends, and bakery products. The stability of the powder form under various storage conditions adds to its growing adoption among food processors.

On the other hand, the liquid form of DL-Malic Acid is gaining popularity, particularly in beverage applications. The liquid form is easier to dissolve, making it ideal for use in soft drinks, fruit juices, and energy drinks. It also finds application in liquid formulations of pharmaceuticals and personal care products, where precise dosing and rapid solubility are critical. The increasing consumer preference for ready-to-drink beverages is expected to drive the demand for liquid DL-Malic Acid.

The choice between powder and liquid forms often depends on the specific application requirements and processing capabilities of the manufacturer. For instance, in the confectionery industry, the powder form is favored for its ability to enhance the tartness and flavor profile of candies and chewing gums. Conversely, in the dairy industry, the liquid form is preferred for its ease of integration into yogurt and other fermented milk products.

Technological advancements in the production and stabilization of

Maleic Acid Market - Global Industry Insights, Size, Share, Trends, Outlook, and Opportunity Analysis

Bio-Based Maleic Acid Market Outlook

According to our latest research, the global bio-based maleic acid market size reached USD 135 million in 2024, demonstrating robust momentum driven by sustainability trends and regulatory support. The market is expected to advance at a CAGR of 7.8% from 2025 to 2033, with the value forecasted to reach USD 267 million by 2033. This growth is primarily propelled by the increasing demand for eco-friendly chemicals across multiple industries, including packaging, automotive, and personal care, as companies and consumers shift toward more sustainable products and manufacturing processes.

One of the primary growth drivers for the bio-based maleic acid market is the escalating global emphasis on sustainability and environmental stewardship. Regulatory bodies across North America, Europe, and Asia Pacific are imposing stricter controls on petrochemical-derived products, encouraging the adoption of bio-based alternatives. Bio-based maleic acid, derived from renewable feedstocks such as carbohydrates and agricultural waste, offers a significantly reduced carbon footprint compared to its petroleum-based counterpart. This aligns with the sustainability strategies of major end-use industries such as packaging, automotive, and construction, which are under increasing pressure to reduce emissions and improve the recyclability and biodegradability of their products. Furthermore, the growing consumer awareness regarding the environmental impact of chemicals in everyday products is fueling demand for bio-based ingredients in food, beverages, and personal care applications.

Technological advancements in bioprocessing and fermentation techniques have also been instrumental in expanding the bio-based maleic acid market. Continuous research and development efforts have led to improved yields and cost efficiencies, making bio-based maleic acid more competitive with its conventional counterpart. The integration of innovative catalysts and biocatalysts, as well as the optimization of feedstock utilization, has enabled manufacturers to scale up production while maintaining product purity and performance standards. These advancements are particularly significant for industries such as polymers and resins, where the performance of bio-based maleic acid must meet or exceed that of petrochemical-derived alternatives. Additionally, strategic collaborations between biotechnology firms, chemical manufacturers, and research institutions are accelerating the commercialization of novel bio-based production routes, further bolstering market growth.

The expanding scope of applications across diverse industry verticals is another significant growth lever for the bio-based maleic acid market. In the food and beverage sector, bio-based maleic acid is increasingly utilized as a flavor enhancer and acidulant due to its safety profile and regulatory acceptance. The pharmaceutical industry leverages its bio-based origin for the synthesis of active pharmaceutical ingredients and excipients, supporting the development of green pharmaceuticals. Meanwhile, the polymers and resins segment benefits from the use of bio-based maleic acid in the production of biodegradable plastics, adhesives, and coatings, which are in high demand amid tightening environmental regulations. The agricultural sector is also adopting bio-based maleic acid for the formulation of eco-friendly fertilizers and crop protection agents, further diversifying its application landscape and reinforcing its market trajectory.

From a regional standpoint, Asia Pacific is poised to dominate the bio-based maleic acid market throughout the forecast period, driven by the rapid industrialization of China, India, and Southeast Asia, combined with supportive government policies for green chemistry. North America and Europe are also significant contributors, benefiting from mature chemical industries, strong regulatory frameworks, and high consumer awareness. Latin America and the Middle East & Africa are emerging as promising markets, albeit at a slower pace, as local industries increasingly adopt sustainable practices and bio-based raw materials. The global distribution of feedstock resources and the presence of leading bio-based chemical manufacturers further influence the regional dynamics of the market.

The maleic acid market, valued at $1766.7 million in 2025, is projected to experience robust growth, driven by increasing demand across diverse applications. A compound annual growth rate (CAGR) of 6.5% from 2025 to 2033 indicates a significant expansion of this market. Key application segments, such as beverages, confectionery, and personal care, are fueling this growth, with the food and beverage sector expected to be the major contributor due to the increasing use of maleic acid and its derivatives as acidity regulators, flavor enhancers, and preservatives. The rising consumer preference for healthier and naturally sourced food products further bolsters market expansion. Furthermore, the growing popularity of maleic anhydride as a key building block in the production of polymers and resins is anticipated to contribute significantly to market growth. Geographical expansion into emerging economies with rising disposable incomes and industrialization will further accelerate market expansion. While potential regulatory changes related to food additives could present challenges, the overall market outlook remains positive due to the diverse applications and increasing demand. The market's competitive landscape features a mix of established multinational corporations and regional players. Major players like DSM, Huntsman, and Lanxess hold significant market share due to their established production capabilities, extensive distribution networks, and innovative product portfolios. However, smaller regional players are also emerging, particularly in regions experiencing rapid industrialization. The competitive dynamics are characterized by continuous innovation in product offerings, mergers and acquisitions, and strategic partnerships to expand market reach and strengthen product portfolios. The increasing focus on sustainable manufacturing practices and the adoption of environmentally friendly production methods are also shaping the competitive landscape. Price competitiveness and the ability to cater to specific customer requirements will play crucial roles in determining market success in the years to come.

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North America Maleic Anhydride Market Forecast 2022-2026

The North America maleic anhydride market share is expected to increase by USD 169.94 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.00%. The growth of the market depends on factors such as increasing demand for UPR and 1,4-BDO from the automotive industry, increasing demand for lubrication oil additives, and rising automotive industry in Canada and Mexico.

What will the Market Size During the Forecast Period?

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Key Drivers, Trends, and Challenges

The increasing demand for UPR and 1,4-BDO from the automotive industry is notably driving the market growth in North America, although factors such as rise in demand for hybrid vehicles and increasing battery price parity may impede the market growth.

Key Driver

One of the key factors driving growth in the market is the increasing demand for UPR and 1,4-BDO from the automotive industry. The rising sales of passenger cars and commercial vehicles drive the market. Maleic anhydride is used as a key ingredient in UPR, which is further used in the manufacturing of several automotive composites such as closure panels, body panels, fenders, Grille Opening Reinforcement (GOR), heat shields, headlamp reflectors, and pick-up boxes. The increasing sales of passenger and commercial vehicles globally are driving the regional market. Furthermore, the automobile sales rate has increased over the past five years in developed and developing countries, owing to the increasing disposable income of people and industrial growth. The consistent rise in the number of vehicles is increasing the demand for engine oil, functional fluids, and automotive components in emerging economies. Thus, it will further positively impact the market growth and trends.

Significant Trends

The commercialization of bio-based maleic anhydride is a major market trend that is expected to impact the industry positively in the coming years. Traditionally, it is produced through the oxidation of aromatic compounds. The key companies in the market are significantly innovating alternative feedstock to develop bio-based products. This is due to the growing awareness regarding the toxicity of benzene and other aromatic compounds used in the manufacturing. The use of bio-based feedstock has its own advantages over conventional ones. As the oil resources are limited, the extraction of benzene and its further oxidation is highly expensive. In addition, the manufacturers have to rely on advance technologies and sophisticated equipment, which significantly increases the manufacturing cost. So, to cater to such challenges, the commercialization of bio-based on a large scale is essential.

Major Challenge

The rise in demand for hybrid vehicles and increasing battery price parity will be a major challenge for the market during the forecast period. Hybrid vehicles contain both a small internal combustion engine (ICE) and an electric motor for optimum power utilization and reducing emissions from vehicles. Furthermore, the growing number of hybrid vehicles is expected to reduce the demand for engine oil, functional fluid, and transmission fluid per vehicle by half the quantity required in an ICEs. Such factors, coupled with the increasing battery ranges and declining cost of lithium-ion batteries, are expected to negatively hamper the market. Furthermore, the cost of batteries of electric vehicles is decreasing gradually, and the driving range per charge is increasing. The demand for electric vehicles is expected to increase, which, in turn, will reduce the overall engine oil consumption and lead to a decrease in the demand for maleic anhydride in lubricating oil additives.

This market research and growth report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Market Companies?

The market forecasting report analyzes the market’s competitive landscape and offers information on several market companies, including:

Ashland Global Holdings Inc.
BASF SE
DuPont de Nemours Inc.
Huntsman Corp.
LANXESS AG
Merck and Co. Inc.
Mitsubishi Chemical Corp.
Nippon Shokubai Co. Ltd.
Polynt Spa
Zibo Qixiang Tengda Chemical Co. Ltd.

This statistical study of the market encompasses successful business strategies deployed by the key companies. The market is concentrated and the companies are deploying growth strategies such as new product launches, acquisitions and R&D activities to compete in the market.

Product Insights and News

Ashland Global Holdings Inc. - The company offers a wide range of maleic acid products such as Aquaflex, Omnirez and Gantrez.

The market grow

The size of the Malic Acid Market was valued at USD 227.22 million in 2023 and is projected to reach USD 324.01 million by 2032, with an expected CAGR of 5.2 % during the forecast period. It's an organic acid that can naturally be found in many fruits but is predominant in apples; in that fruit, malic acid produces tartness. As a dicarboxylic acid that includes two carboxyl groups, it's been widely applied for flavor and an acidulant agent for food and drinks. Adding some sourness from malic acid makes candies and soft drinks among other food processed products highly more attractive. It is also used in cosmetics and personal care products because of its exfoliating and skin-conditioning properties, which improve the texture and appearance of the skin. Malic acid is also important in human metabolism, as it plays a key role in the citric acid cycle, which generates energy in cells. Beyond food and cosmetics, malic acid has uses in the pharmaceutical industry, especially in the formulation of some drugs. It is used in many applications because it is naturally derived, making it popular and safe in various products.

Explore the role of malic acid in the food industry, its pricing factors, and market dynamics influenced by demand, production costs, and regional trends. Understand how natural sourcing trends and economic conditions affect its market landscape.