Polymaleic Acid Market
The market for Polymaleic Acid was estimated at $537 million in 2024; it is anticipated to increase to $947 million by 2030, with projections indicating growth to around $1.52 billion by 2035.
Global Polymaleic Acid Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Polymaleic Acid industry revenue is expected to be around $590.6 million in 2025 and expected to showcase growth with 9.9% CAGR between 2025 and 2034. The Polymaleic Acid market shows strong expansion because different sectors require this substance at increasing rates. The market depends on Polymaleic Acid because it provides high thermal stability and exceptional scale inhibition properties for various industrial applications. The market experiences growth because of two main factors: increasing water treatment requirements and expanding oil and gas operations. The market will experience additional growth because scientists continue to discover new applications for Polymaleic Acid through ongoing research and development efforts.
Polymaleic Acid, which is often derived from hydrolyzed polymaleic anhydride (HPMA), functions as a low molecular weight polymer which shows outstanding performance in preventing scale deposits from forming in water systems. The substance serves multiple applications across water treatment facilities and cooling towers and oilfield operations. The substance maintains high thermal stability and shows excellent hydrolytic stability which makes it suitable for operating at elevated temperatures. The desalination of seawater has become more popular because of worldwide water scarcity and Polymaleic Acid now finds application in this process.
Market Key Insights
- The Polymaleic Acid market is projected to grow from $537.4 million in 2024 to $1.38 billion in 2034. This represents a CAGR of 9.9%, reflecting rising demand across Water Treatment, Detergent Manufacturing and Oilfield.
- Kemira Oyj, Ashland Inc., Nippon Shokubai Co. Ltd. are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Polymaleic Acid market and are expected to observe the growth CAGR of 7.2% to 10.4% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 9.5% to 12.4%.
- Transition like Shift Towards Eco friendly Alternatives is expected to add $38 million to the Polymaleic Acid market growth by 2030.
- The Polymaleic Acid market is set to add $844 million between 2024 and 2034, with manufacturer targeting Scale Inhibitor in Oilfields & Detergent Additives Applications projected to gain a larger market share.
- With Rising demand in water treatment industry, and Increased use in detergent manufacturing, Polymaleic Acid market to expand 157% between 2024 and 2034.