Chemical Industry - Market Research Report

The global maleic anhydride market size is projected to reach USD 4.38 billion by 2025 registering a CAGR of 6.7%, according to a new report by Radiant Insights, Inc. Maleic anhydride is used to manufacture 1,4-Butanediol (BDO), which has a high demand from the textile industry and the manufacturers of Tetrahydrofuran (THF) and Polyurethane (PU). 1,4-BDO is an organic compound used as an industrial solvent & cleaner and glue remover. Download Free Sample Report @ https://www.radiantinsights.com/research/maleic-anhydride-market/request-sample It is a key raw material for manufacturing spandex via producing polytetramethylene ether glycol. 1,4-BDO has majorly replaced rubber in most textile applications, such as foundation garments, girdles, suspenders, waistbands, hosiery, and socks. One of its major products, spandex, is widely used for manufacturing stretchable clothing as it is flexible and durable. Increasing demand for fibers with 'memory' and high-quality blends t...