Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
Succinic acid, also called Butanedioic Acid, a dicarboxylic acid of molecular formula C4H6O4 that is widely distributed in almost all plant and animal tissues and that plays a significant role in intermediary metabolism. It is a colorless crystalline solid, soluble in water, with a melting point of 185–187° C (365–369° F).
Global Succinic Acid key players include BioAmber, GC Innovation America, Mitsubishi Chemical, Reverdia, Succinity GmbH, etc.Global top five manufacturers hold a share over 60%.
Asia Pacific is the largest market, with a share over 40%, followed by Europe, and North America, both have a share about 55 percent.
In terms of product, Bio-based is the largest segment, with a share nearly 90%. And in terms of application, the largest application is Resins, Coatings and Pigments, followed by PBS or PBST, Food and Beverage, Pharmaceuticals, Polyester Polyols, etc.
Market Analysis and Insights: Global Succinic Acid Market
The global Succinic Acid market was valued at US$ 56 million in 2020 and it is expected to reach US$ 95 million by the end of 2027, growing at a CAGR of 6.0% during 2021-2027.
Global Succinic Acid Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Succinic Acid Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Bio-based
Petro-based
Segment by Application
Resins, Coatings and Pigments
PBS
Food and Beverage
Pharmaceuticals
Polyester Polyols
Others
By Company
LCY Biosciences（BioAmber）
GC Innovation America
Roquette（Reverdia）
Succinity GmbH
Mitsubishi Chemical
Kawasaki Kasei Chemicals
Nippon Shokubai
Feiyang Chemical
Sunsing Chemicals
Jinbaoyu Technology
Shandong Landian Biological Technology Co., LTD
Shanghai shenren Fine chemical Co.,ltd.
Weinan Huifeng
Production by Region
North America
Europe
China
Japan
Southeast Asia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Global Succinic Acid key players include BioAmber, GC Innovation America, Mitsubishi Chemical, Reverdia, Succinity GmbH, etc.Global top five manufacturers hold a share over 60%.
Asia Pacific is the largest market, with a share over 40%, followed by Europe, and North America, both have a share about 55 percent.
In terms of product, Bio-based is the largest segment, with a share nearly 90%. And in terms of application, the largest application is Resins, Coatings and Pigments, followed by PBS or PBST, Food and Beverage, Pharmaceuticals, Polyester Polyols, etc.
Market Analysis and Insights: Global Succinic Acid Market
The global Succinic Acid market was valued at US$ 56 million in 2020 and it is expected to reach US$ 95 million by the end of 2027, growing at a CAGR of 6.0% during 2021-2027.
Global Succinic Acid Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Succinic Acid Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Bio-based
Petro-based
Segment by Application
Resins, Coatings and Pigments
PBS
Food and Beverage
Pharmaceuticals
Polyester Polyols
Others
By Company
LCY Biosciences（BioAmber）
GC Innovation America
Roquette（Reverdia）
Succinity GmbH
Mitsubishi Chemical
Kawasaki Kasei Chemicals
Nippon Shokubai
Feiyang Chemical
Sunsing Chemicals
Jinbaoyu Technology
Shandong Landian Biological Technology Co., LTD
Shanghai shenren Fine chemical Co.,ltd.
Weinan Huifeng
Production by Region
North America
Europe
China
Japan
Southeast Asia
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
