Global Succinic Acid Market 2017-2021

  • ID: 4339876
  • Report
  • Region: Global
  • 72 pages
  • TechNavio
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FEATURED COMPANIES

  • Anhui Sunsing Chemicals
  • Anqing Hexing Chemical
  • BioAmber
  • KAWASAKI KASEI CHEMICALS
  • Myriant
  • New Japan Chemical
  • MORE
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.

The analysts forecast the global succinic acid market to grow at a CAGR of 27.32% during the period 2017-2021.

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
The report, 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.

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
Market drivers
  • Increasing environmental concerns
  • For a full, detailed list, view the full report
Market challenges
  • Volatile prices of raw materials
  • For a full, detailed list, view the full report
Market trends
  • Rising demand for polybutylene succinate
  • For a full, detailed list, view the full report
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?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Anhui Sunsing Chemicals
  • Anqing Hexing Chemical
  • BioAmber
  • KAWASAKI KASEI CHEMICALS
  • Myriant
  • New Japan Chemical
  • MORE
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
  • List of abbreviations
List of Exhibits
Exhibit 01: Value chain of succinic acid using bio-based and petroleum feedstock
Exhibit 02: Global succinic acid market 2016 and 2021 (thousand metric tons)
Exhibit 03: Market forecast: Global succinic acid market 2016-2021
Exhibit 04: Five forces analysis
Exhibit 05: Global succinic acid market by end user 2016
Exhibit 06: Global succinic acid market by end user 2021
Exhibit 07: Global succinic acid market for coatings and pigments 2016 and 2021 (thousand metric tons)
Exhibit 08: Market forecast: Global succinic acid market for coatings and pigments 2016-2021
Exhibit 09: Global succinic acid market for pharmaceuticals 2016 and 2021 (thousand metric tons)
Exhibit 10: Market forecast: Global succinic acid for pharmaceuticals 2016-2021
Exhibit 11: Global succinic acid market for food and beverages 2016 and 2021 (thousand metric tons)
Exhibit 12: Market forecast: Global succinic acid market for food and beverages 2016-2021
Exhibit 13: Global succinic acid market for polyurethane 2016 and 2021 (thousand metric tons)
Exhibit 14: Market forecast: Global succinic acid market for polyurethane 2016-2021
Exhibit 15: Global succinic acid market for PBS/PBST 2016 and 2021 (thousand metric tons)
Exhibit 16: Market forecast: Global succinic acid market for PBS/PBST 2016-2021
Exhibit 17: Global succinic acid market for cosmetics and personal care 2016 and 2021 (thousand metric tons)
Exhibit 18: Market forecast: Global succinic acid market for cosmetics and personal care 2016-2021
Exhibit 19: Global succinic acid market for plasticizers 2016 and 2021 (thousand metric tons)
Exhibit 20: Market forecast: Global succinic acid market for plasticizers 2016-2021
Exhibit 21: Global succinic acid market for others 2016 and 2021 (thousand metric tons)
Exhibit 22: Market forecast: Global succinic acid market for others 2016-2021
Exhibit 23: Global succinic acid market share by geography 2016
Exhibit 24: Global succinic acid market share by geography 2021
Exhibit 25: Succinic acid market in Europe 2016 and 2021 (thousand metric tons)
Exhibit 26: Market forecast: Succinic acid market in Europe 2016-2021
Exhibit 27: Succinic acid market in APAC 2016 and 2021 (thousand metric tons)
Exhibit 28: Market forecast: Succinic acid market in APAC 2016-2021
Exhibit 29: Succinic acid market in North America 2016 and 2021 (thousand metric tons)
Exhibit 30: Market forecast: Succinic acid market in North America 2016-2021
Exhibit 31: Succinic acid market in ROW 2016 and 2021 (thousand metric tons)
Exhibit 32: Market forecast: Succinic acid market in ROW 2016-2021
Exhibit 33: Prominent bio-based feedstock price and availability comparison
Exhibit 34: Sustainable development
Exhibit 35: Global succinic acid market: Major vendors 2016
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FEATURED COMPANIES

  • Anhui Sunsing Chemicals
  • Anqing Hexing Chemical
  • BioAmber
  • KAWASAKI KASEI CHEMICALS
  • Myriant
  • New Japan Chemical
  • MORE
New Report Released: – Global Succinic Acid Market 2017-2021

The author of the report recognizes the following companies as the key players in the global succinic acid market: BioAmber, KAWASAKI KASEI CHEMICALS, Myriant, Reverdia, and Succinity.

Other Prominent Vendors in the market are: Anhui Sunsing Chemicals, Anqing Hexing Chemical, Gadiv Petrochemical Industries, New Japan Chemical, Nippon Shokubai, Shandong Yuhuang Chemical, and Thirumalai Chemicals.

Commenting on the report, an analyst from the research team said: “One trend in the market is rising demand for polybutylene succinate. New biotechnological courses now permit the production of succinic acid based on sustainable feedstocks, such as glucose, sucrose, and bio-based glycerol. Bio-based succinic acid is favored due to reducing carbon footprint. In this view, the succinic acid produced sustainably for the manufacture of biopolymers is gaining popularity.”

According to the report, one driver in the market is increasing environmental concerns. Rising ozone-depleting substance (ODS) fixations, unpredictable oil costs, security of supply, and the need to assemble a manageable worldwide economy are the key driving factors for the shift from petroleum-based economy to a bio-based economy. The development of productive and efficient biorefineries is essential for the creation of a bio-based economy. The cost of delivering regular petrochemicals is comparatively lower than bio-based compounds, because of streamlining and incorporation of multiple production lines.

Further, the report states that one challenge in the market is volatile prices of raw materials. The fluctuation in raw material prices is expected to be a hindrance for the global succinic acid market especially when the feedstock is crude oil-based. Fluctuation in the prices of crude oil, over the years, has had significant negative impact on the operating costs of the vendors and their profit margins. Crude oil prices affect the prices of raw materials, such as methylene diphenyl diisocyanate and toluene diisocyanate, in the case of succinic acid, maleic anhydride.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • BioAmber
  • KAWASAKI KASEI CHEMICALS
  • Myriant
  • Reverdia
  • Succinity
  • Anhui Sunsing Chemicals
  • Anqing Hexing Chemical
  • Gadiv Petrochemical Industries
  • New Japan Chemical
  • Nippon Shokubai
  • Shandong Yuhuang Chemical
  • Thirumalai Chemicals
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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