Global Succinic Acid Market to Grow at a CAGR Of 27.32% During The Period 2017-2021

Companies Mentioned: BioAmber, KAWASAKI KASEI CHEMICALS, Myriant, Reverdia, Succinity, Anhui Sunsing Chemicals, Anqing Hexing Chemical, Gadiv Petrochemical Industries, New Japan Chemical, Nippon Shokubai, Shandong Yuhuang Chemical, and Thirumalai Chemicals.

About Succinic Acid, Succinic acid is also known as butanedioic acid, 1,2-ethanedicarboxylic acid, and amber acid. Succinic acid is conventionally manufactured by the catalytic hydrogenation of maleic anhydride. It can also be manufactured using either petroleum feedstock or bio-based feedstock. The diminishing supplies of oil and gas have forced manufacturers to look for alternative sources of manufacturing succinic acid. The bio-based method is the way toward manufacturing using sustainable and renewable resources.

Analysts forecast the Global Succinic Acid Market to Grow at a CAGR Of 27.32% During The Period 2017-2021. 

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Covered in this report

The report covers the present scenario and the growth prospects of the global succinic acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW

Global Succinic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • BioAmber
  • KAWASAKI KASEI CHEMICALS
  • Myriant
  • Reverdia
  • Succinity

Other prominent vendors

  • Anhui Sunsing Chemicals
  • Anqing Hexing Chemical
  • Gadiv Petrochemical Industries
  • New Japan Chemical
  • Nippon Shokubai
  • Shandong Yuhuang Chemical
  • Thirumalai Chemicals

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Market driver

  • Increasing environmental concerns

Market challenge

  • Volatile prices of raw materials

Market trend

  • Rising demand for polybutylene succinate

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Table of Contents
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Market outline

PART 05: Market landscape

Market overview

Five forces analysis

PART 06: Market segmentation by end user

Overview: Global succinic acid market by end user

Global succinic acid market for coatings and pigments

Global succinic acid market for pharmaceuticals

Global succinic acid market for food and beverages

Global succinic acid market for polyurethane

Global succinic acid market for PBS/PBST

Global succinic acid market for cosmetics and personal care

Global succinic acid market for plasticizers

Global succinic acid market for others

PART 07: Geographical segmentation

Global succinic acid market by geography

Succinic acid market in Europe

Succinic acid market in APAC

Succinic acid market in North America

Succinic acid market in ROW

PART 08: Decision framework

 

PART 09: Drivers and challenges

Market drivers

Market challenges

PART 10: Market trends

Rising demand for polybutylene succinate

Succinic acid as a substitute for adipic acid in making PU

PART 11: Vendor landscape

Competitive scenario

Major market vendors

BioAmber

KAWASAKI KASEI CHEMICALS

Myriant

Reverdia

Succinity

Other prominent vendors

PART 12: Appendix

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