2026 Maleic Anhydride Market Update: Supply, Price & Export Trends

The global maleic anhydride market is experiencing significant changes in 2026, driven by shifting supply dynamics, rising demand from key end-use industries, and geopolitical factors. This market update provides an overview of the latest supply, price, and export trends for maleic anhydride in 2026, helping manufacturers, importers, and traders make informed business decisions.

 

Supply dynamics in the maleic anhydride market are being influenced by several factors, including production capacity expansions, plant closures, and raw material availability. In 2026, several major manufacturers, particularly in Asia and the Middle East, have expanded their production capacity to meet growing global demand. For example, China's Sinopec and BASF's joint venture in Nanjing has increased its maleic anhydride production capacity by 200,000 tons per year, making it one of the largest production facilities in Asia. Meanwhile, some older plants in Europe and North America have been closed due to high energy costs and environmental regulations, reducing regional supply.

 

Raw material availability is another key factor affecting maleic anhydride supply. Maleic anhydride is primarily produced from benzene or butane, with butane-based production becoming increasingly common due to its lower cost and environmental benefits. In 2026, butane prices are expected to remain stable, supported by increased global supply from shale gas production. However, benzene prices are expected to rise slightly due to tight supply and growing demand from other industries, which could affect the cost of benzene-based maleic anhydride.

 

Price trends for maleic anhydride in 2026 are expected to be volatile, driven by supply and demand dynamics. In the first quarter of 2026, maleic anhydride prices increased by 5-8% due to tight supply in Europe and North America. However, with new production capacity coming online in Asia, prices are expected to stabilize in the second half of the year. The average global price of maleic anhydride in 2026 is expected to be around $1,800-$2,000 per ton, depending on the region and raw material used.

 

Export trends for maleic anhydride in 2026 are being shaped by regional demand and trade policies. Asia is the largest exporter of maleic anhydride, with China, India, and South Korea leading the market. Exports from Asia are expected to increase by 10-12% in 2026, driven by growing demand from Europe and South America. Europe is a net importer of maleic anhydride, with most imports coming from Asia and the Middle East. North America is expected to remain self-sufficient in 2026, with minimal imports and exports.

 

Key end-use industries driving maleic anhydride demand in 2026 include unsaturated polyester resins (UPR), lubricant additives, and chemical intermediates. The UPR industry is the largest consumer of maleic anhydride, accounting for around 50% of global demand. The growing construction and automotive industries in emerging markets are expected to drive further demand for UPR, and in turn, maleic anhydride.

For importers and traders, understanding these supply, price, and export trends is critical to sourcing maleic anhydride at competitive prices and managing supply chain risks. By staying informed about market dynamics, businesses can optimize their purchasing strategies and capitalize on emerging opportunities in the global maleic anhydride market.