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Succinic Acid Production & Market in China
CCM International Limited, March 2008, Pages: 84
The production volume of succinic acid in China accounts for 25~30% of the global succinic acid output. Each year more than 1,500 tonnes of China’s succinic acid was exported overseas. The affect that China’s succinic acid brought to the world market cannot be omitted. Moreover, succinic acid is also comprehensively used in China and plays an important role in the Chinese economy, including chemical, food, pharmaceutical and agricultural industries.
Now the major production methods in application are electrochemical reduction method and hydrogenation method. However, worldwide, the major method in application is the fermentation method, which can significantly reduce the manufacturing cost. It means potential for the Chinese succinic acid industry.
Now though the export volume of succinic acid is fluctuating these years, however, there is still a very bright future for it to develop. On one hand, it is because of the development of production method, and on the other hand, it is for the constant and increasing market demand from the downstream products.
It is believed that the future of succinic acid will be profitable.
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