Abstract:

 

This report focuses on Bio-succinic Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bio-succinic Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.Succinic acid is a pivotal intermediate chemical that has a myriad of applications in the production of a wide variety of specialty and commodity chemicals. It is known to offer an extensive array of utilities encompassing polymers, food, metals, pharmaceuticals, coatings, fibers, solvents, lubricating oils, diesel fuel oxygenates and cosmetics among many others. On earlier accounts, petroleum was the sole source of deriving succinic acid but, in the recent times, the current manufacturing procedures have commenced making use of renewable feedstock for extracting this vital compound. This biological procedure of obtaining succinic acid is sustainable, efficient, economical and environment-friendly which all work towards giving rise to a greater demand in the market.

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Increasing demand for BDO and its derivatives including Tetrahydrofuran (THF), Gamma-Butyrolactone (GBL), and Polybutylene Terephtalate (PBT) in numerous applications such as pharmaceuticals and engineering plastics is likely to stimulate the demand. In addition, growing applications in lubricants, pigments, personal care products, and food colorants will spur the market penetration. Growing awareness regarding the benefits of using bio-based chemicals in packaging and food industry is expected to drive the demand. Increasing use of bio-succinic on account of reduction in carbon footprints along with favorable regulatory support in light of rising awareness towards hazards associated with usage of petroleum-based chemicals is expected to augment market growth. Bio-succinic acid can be used as a replacement to phthalic anhydride in manufacturing alkyd resins and offers cost-effectiveness and environmental advantages, which in turn will propel its growth over the next six years.

In North America, factors such as volatility in prices of C4 petroleum-based feedstock have driven development of bio-based chemicals such as bio-based succinic acid. Several industries in the region have commenced commercializing the production of bio-based succinic acid via fermentation of sugars. Numerous large-scale production facilities of bio-based succinic acid have been erected in the region, which in turn are proliferating their demand and supply among end-users. North America is anticipated to become the largest market for bio-based succinic acid by 2026-end.

 

The global Bio-succinic Acid market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

 

At company level, Bio-succinic Acid  report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.:

Top manufacturers Of Bio-succinic Acid:-

The following manufacturers are covered:

 

• BASF
• Mitsubishi Chemical
• Mitsui
• DSM
• Myriant
• BioAmber
• Reverdia
• Corbion

 

Segment by Regions

 

• North America
• Europe
• China
• Japan

 

Segment by Type

 

• Bio-Based
• Petro-Based
• Others

 

Segment by Application

 

• Polyurethanes
• Resins, Pigments & Coatings
• Pharmaceuticals
• PBS/PBST
• Food & Beverage
• Plasticizers
• Personal Care
• Solvents & Lubricants
• De-icer Solutions
• Others

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Table of content

Executive Summary
1 Bio-succinic Acid Market Overview
1.1 Product Overview and Scope of Bio-succinic Acid
1.2 Bio-succinic Acid Segment by Type
1.2.1 Global Bio-succinic Acid Production Growth Rate Comparison by Type (2014-2025)
1.2.2 Bio-Based
1.2.3 Petro-Based
1.2.4 Others
1.3 Bio-succinic Acid Segment by Application
1.3.1 Bio-succinic Acid Consumption Comparison by Application (2014-2025)
1.3.2 Polyurethanes
1.3.3 Resins, Pigments & Coatings
1.3.4 Pharmaceuticals
1.3.5 PBS/PBST
1.3.6 Food & Beverage
1.3.7 Plasticizers
1.3.8 Personal Care
1.3.9 Solvents & Lubricants
1.3.10 De-icer Solutions
1.3.11 Others
1.4 Global Bio-succinic Acid Market by Region
1.4.1 Global Bio-succinic Acid Market Size Region
1.4.2 North America Status and Prospect (2014-2025)
1.4.3 Europe Status and Prospect (2014-2025)
1.4.4 China Status and Prospect (2014-2025)
1.4.5 Japan Status and Prospect (2014-2025)
1.5 Global Bio-succinic Acid Market Size
1.5.1 Global Bio-succinic Acid Revenue (2014-2025)
1.5.2 Global Bio-succinic Acid Production (2014-2025)

2 Global Bio-succinic Acid Market Competition by Manufacturers
2.1 Global Bio-succinic Acid Production Market Share by Manufacturers (2014-2019)
2.2 Global Bio-succinic Acid Revenue Share by Manufacturers

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