Alkenyl Succinic Anhydride (ASA) Market Size Worth USD 4.39 Billion by 2034 | CAGR: 6.0%

The alkenyl succinic anhydride market size is expected to reach USD 4.39 Billion by 2034, according to a new study by Polaris Market Research. The report “Alkenyl Succinic Anhydride (ASA) Market Share, Size, Trends, Industry Analysis Report: By Type (HDSA, DDSA, ODSA), By Alkyl Chain Length, By Market Purity, By Application, By End User, and By Region; Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Alkenyl Succinic Anhydride (ASA) is a specialty chemical primarily used to enhance hydrophobicity and functional performance in paper sizing, coatings, synthetic lubricants, and polymer formulations. It improves printability, reduces water absorption and gives durability and stability to final products.

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The increasing need for high-quality chemical intermediates in the pulp and paper industry is propelling the ASA market. Additionally, sectors like automotive and construction are incorporating ASA into lubricant additives and waterproofing solutions to improve the durability of components and minimize resource waste.

Top of FormAlkenyl Succinic Anhydride (ASA) Market Report Highlights

• In terms of market purity, the 99% purity segment captured significant market value in 2024, owing to its cost-effectiveness and adequacy for standard industrial applications that do not require ultra-high purity specifications.
• Based on application, the lubricants segment led the market in 2024, as ASA's multifunctional properties, such as dispersancy, emulsification, and corrosion inhibition, made it indispensable in lubricant formulations.
• Asia Pacific accounted for a major share of the global alkenyl succinic anhydride (ASA) industry in 2024, propelled by strong demand from pulp & paper, automotive, and coating additive sectors.
• North America generated the highest ASA market revenue in 2024, driven by widespread adoption in automotive lubricants, pharmaceuticals, and cosmetic formulations.
• A few global key market players include Kemira Oyj, Mare Holding S.p.A., Vertellus Holdings LLC, Chevron Phillips Chemical Company LLC, Ineos Group Limited, AnHui Sinograce Chemical Co., Ltd., Tianyu Fine Chemical Co., Ltd., Zhejiang Huayang Technology Co., Ltd., Anqing Hongyu Chemical Co., Ltd., Shanghai Fortune Chemical Co., Ltd., Hangzhou Dayangchem Co., Ltd., and Tokyo Chemical Industry Co., Ltd. (TCI).

Polaris Market Research has segmented the market report on the basis of type, alkyl chain length, market purity, application, end user, and region:

By Type Outlook (Revenue, USD Billion, 2020–2034)

• HDSA
• DDSA
• ODSA
• OSA
• Others

By Alkyl Chain Length Outlook (Revenue, USD Billion, 2020–2034)

• C4
• C6
• C8
• C10
• C12
• C14

By Market Purity Outlook (Revenue, USD Billion, 2020–2034)

• 99%
• 99.5%
• 99.9%
• 99.99%

By Application Outlook (Revenue, USD Billion, 2020–2034)

• Lubricants
• Coatings
• Plastics
• Additives
• Other Applications

By End User Type Outlook (Revenue, USD Billion, 2020–2034)

• Automotive
• Pulp & Paper
• Textile & Apparel
• Construction
• Pharmaceuticals
• Personal Care & Cosmetics
• Other End Users

By Regional Outlook (Revenue, USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America