Home / News / Global Succinic Acid Market 2016 To 2022 Industry Applications, Market, Segmentation, Compandy, Size and Share: Acute Market Reports

Global Succinic Acid Market 2016 To 2022 Industry Applications, Market, Segmentation, Compandy, Size and Share: Acute Market Reports

Succinic is emerging as one of the most competitive bio based chemicals. The US department of energy has included succinic acid among the top 12 value added bio-based chemicals. Succinic Acid is an intermediate in many chemical processes and is used in the production of various products in a fragmented industry that has multiple players in this production process. The market shows a huge potential of growth depended vastly on the sustainable production of bio-based succinic acid.

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The global succinic acid market is poised to grow to nearly $1.3billion by the year 2021.
Succinic acid is a chemical which has a large number of applications ranging from BDO, polymers, fibres, pharmaceuticals, food, polyurethanes, plasticizers to dyes and coatings. However the major demand originates from coating, resins, BDO, plasticizers and polyurethanes along with the food industry. Currently there is very small number of companies producing succinic acid in large amounts. Most of the companies are small scale and with limited capacity.
Developing countries like China and India are dotting with small scale producers of succinic acid.

  1. BioAmber Inc
    2. Myriant Corporation
    3. BASF SA
    4. DSM Netherlands
    5. Mitsui & Co. Ltd
    6. Mitsubishi Chemical Corporation
    7. Purac (Carbion NV)
    8. Reverdia (DSM – Roquette)
    9. Gadiv Petrochemical Industries Ltd

This Acute Market Reports covers
1. Historical data
2. Revenue forecasts, growth rates and CAGR upto 2021
3. Industry Analysis
4. Competitive Analysis
5. Key geographic growth data
6. Deep profiles top competitive companies

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Table of Content:

Chap 1. Executive Summary

Chap 2. Market Overview
2.1. Introduction
2.2. Value Chain Analysis
2.2.1. Raw Material
2.2.2. Product
2.2.3. Markets
2.3. Key Buying Criteria
2.3.1. Objective Utility Personal Care Substitute For Petrochemical-Based Succinic Acid Replacement To Plastic And Derivatives Pharmaceuticals Favorable Government Policies And Regulations
2.3.2. Price
2.3.3. Availability
2.3.4. Quality
2.3.5. Environment Effects
2.4. Strategic Recommendations
2.4.1. Inviting Government Funding
2.4.2. India And ASEAN Market

Chap 3. Market Motivators
3.1. Market Drivers
3.1.1. Government Policies Giving Rise To Succinic Acid Market
3.1.2. Availability Of Renewable Raw Materials
3.1.3. Rise In Petroleum Prices
3.2. Restraints
3.2.1. High Price Of Bio Based Succinic Acid
3.2.2. Competitive Market
3.3. Opportunity
3.3.1. Varied Applications Food And Beverages Pharmaceuticals
3.3.2. Effective Treatment
3.3.3. Go Green Initiative
3.3.4. Substitute To Key Chemicals
3.3.5. Bio-Based Biodegradable Plastic In Demand
3.3.6. Pharmaceutical Use
3.4. Challenges
3.4.1. High Processing Cost
3.4.2. Awareness
3.4.3. Time Consuming Process

Chap 4. Market Segmentation
4.1. By Applications
4.1.1. Food & Beverages Preservatives Softening Agent Packaging
4.1.2. Pharmaceuticals Cosmetics Preparation Of Drugs
4.1.3. Industrial Applications 1,4-Butanediol(BDO) Plasticizers PBS (Polybutylene Succinate) Solvents And Lubricants
4.1.4. Other Industrial Use
4.2. By Raw Material
4.2.1. Petrochemical- Based Succinic Acid Maleic Anhydride
4.2.2. Bio-Based Succinic Acid Production From Corn Production From Molasses

Chap 5. Alternative Market For Succinic Acid
5.1. Maleic Anhydride (MAN)

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