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Succinic Acid Market 2019-2024: Trends, Forecast, and Opportunity Analysis

  • ID: 5003244
  • Report
  • July 2022
  • Region: Global
  • Lucintel

FEATURED COMPANIES

  • Bioamber
  • Myriant Corporation
  • Nippon Shokubai Co. Ltd
  • Reverdia
  • Succinity
The future of the succinic acid market looks promising with opportunities in the industrial, food & beverage, coating, and pharmaceutical industries. The global succinic acid market is expected to grow with a CAGR of 28% from 2019 to 2024. The major growth drivers for this market are growing awareness of bio-based renewable substitutes, stringent government regulations, and increasing use of succinic acid as a substitute of adipic acid in polyurethane production.

A more than 150 page report is developed to help in your business decisions. To learn the scope of, benefits, companies researched and other details of the succinic acid market, then read this report.

The study includes the succinic acid market size and forecast for the global succinic acid market through 2024, segmented by product type, application, end use industry, and region as follows:

By Product Type [$M shipment analysis for 2013-2024]:
  • Bio-based
  • Petro-based

By Application [$M shipment analysis for 2013-2024]:
  • Polyurethane
  • Resins
  • Coatings & Pigments
  • Pharmaceuticals
  • Plasticizers
  • Food & Beverage
  • PBS/PBST
  • Solvents & Lubricants
  • De-Icer Solutions
  • Personal Care
  • Others

By End Use Industry [$M shipment analysis for 2013-2024]:
  • Industrial
  • Food & beverage
  • Coatings
  • Pharmaceutical

By Region [$M shipment analysis for 2013-2024]:
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • Spain
  • France
  • United Kingdom
  • Russia
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Thailand
  • The Rest of the World

Some of the succinic acid companies profiled in this report include Bioamber, Myriant Corporation, Kawasaki Kasei Chemicals Ltd., Linyi Lixing Chemical Co., Ltd., Anhui Sunsing Chemicals Co., Ltd., Mitsubishi Chemical Holdings Corporation, Succinity GmbH, Nippon Shokubai Co. Ltd, Gadiv Petrochemical Industries Ltd., and Reverdia, and others

Some of the features of 'Global Succinic Acid Market 2019-2024: Trends, Forecast, and Opportunity Analysis' include
  • Market size estimates: Global succinic acid market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by application, and end use industry
  • Segmentation analysis: Global market size by product type, application, end use industry, and region
  • Regional analysis: Global succinic acid market breakdown by North America, Europe, Asia Pacific, and the Rest of the World
  • Growth opportunities: Analysis on growth opportunities in different applications and regions for succinic acid in the global succinic acid market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape for, succinic acid in the global succinic acid market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers the following 11 key questions:
Q.1What are some of the most promising potential, high-growth opportunities for the global succinic acid market by product type (bio-based and petro-based), application (polyurethane, resins, coatings & pigments, pharmaceuticals, plasticizers, food & beverage, PBS/PBT, solvents & lubricants, de-icer solutions, personal care, and others), end use industry (industrial, food & beverage, coatings, and pharmaceutical), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the succinic acid market?
Q.5 What are the business risks and threats to the succinic acid market?
Q.6 What are emerging trends in this succinic acid market and the reasons behind them?
Q.7 What are some changing demands of customers in the succinic acid market?
Q.8 What are the new developments in the succinic acid market? Which companies are leading these developments?
Q.9 Who are the major players in this succinic acid market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this succinic acid area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, succinic acid market?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bioamber
  • Myriant Corporation
  • Nippon Shokubai Co. Ltd
  • Reverdia
  • Succinity

1. Executive Summary
2. Industry Background and Classifications
2.1: Introduction, Background, and Classification
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2013 to 2024
3.1: Macroeconomic Trends and Forecast
3.2: Global Succinic Acid Market: Trends and Forecast
3.3: Global Succinic Acid Market by Product Type
3.3.1: Bio-based
3.3.2: Petro-based
3.4: Global Succinic Acid Market by Application
3.4.1: Polyurethane
3.4.2: Resins
3.4.3: Coatings & Pigments
3.4.4: Pharmaceuticals
3.4.5: Plasticizers
3.4.6: Food & Beverage
3.4.7: PBS/PBST
3.4.8: Solvents & Lubricants
3.4.9: De-Icer Solutions
3.4.10: Personal Care
3.4.11: Others
3.5: Global Succinic Acid Market by End Use Industry
3.5.1: Industrial
3.5.2: Food & beverage
3.5.3: Coatings
3.5.4: Pharmaceutical
4. Market Trends and Forecast Analysis by Region
4.1: Global Succinic Acid Market by Region
4.2: North American Succinic Acid Market
4.2.1: Market by Product Type: Bio-based and Petro-based
4.2.2: Market by Application: Polyurethane, Resins, Coatings & Pigments, Pharmaceuticals, Plasticizers, Food & Beverage, PBS/PBST, Solvents & Lubricants, De-Icer Solutions, Personal Care, and Others
4.2.3: Market by End Use Industry: Industrial, Food & Beverage, Coatings, and Pharmaceutical
4.2.4: Market by Country: US, Canada, and Mexico
4.3: European Succinic Acid Market
4.3.1: Market by Product Type: Bio-based and Petro-based
4.3.2: Market by Application: Polyurethane, Resins, Coatings & Pigments, Pharmaceuticals, Plasticizers, Food & Beverage, PBS/PBST, Solvents & Lubricants, De-Icer Solutions, Personal Care, and Others
4.3.3: Market by End Use Industry: Industrial, Food & Beverage, Coatings, and Pharmaceutical
4.3.4: Market by Country: Germany, France, U.K., Spain, and Russia
4.4: APAC Succinic Acid Market
4.4.1: Market by Product Type: Bio-based and Petro-based
4.4.2: Market by Application: Polyurethane, Resins, Coatings & Pigments, Pharmaceuticals, Plasticizers, Food & Beverage, PBS/PBST, Solvents & Lubricants, De-Icer Solutions, Personal Care, and Others
4.4.3: Market by End Use Industry: Industrial, Food & Beverage, Coatings, and Pharmaceutical
4.4.4: Market by Country: China, India, Japan, South Korea and Thailand
4.5: ROW Succinic Acid Market
4.5.1: Market by Product Type: Bio-based and Petro-based
4.5.2: Market by Application: Polyurethane, Resins, Coatings & Pigments, Pharmaceuticals, Plasticizers, Food & Beverage, PBS/PBST, Solvents & Lubricants, De-Icer Solutions, Personal Care, and Others
4.5.3: Market by End Use Industry: Industrial, Food & Beverage, Coatings, and Pharmaceutical
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Global Succinic Acid Market by Product Type
6.1.2: Growth Opportunities for Global Succinic Acid Market by Application
6.1.3: Growth Opportunities for Global Market by End Use Industry
6.1.4: Growth Opportunities for Global Succinic Acid Market by Region
6.2: Emerging Trends in Global Succinic Acid Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Global Succinic Acid Market
6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Market
7. Company Profiles of Leading Players
7.1: Bioamber
7.2: Myriant Corporation
7.3: Kawasaki Kasei Chemicals Ltd.
7.4: Linyi Lixing Chemical Co., Ltd.
7.5: Anhui Sunsing Chemicals Co., Ltd.
7.6: Mitsubishi Chemical Holdings Corporation
7.7: Succinity
7.8: Nippon Shokubai Co. Ltd
7.9: Gadiv Petrochemical Industries Ltd.
7.10: Reverdia
*Full List of Figures and Tables Available on Enquiry.
Note: Product cover images may vary from those shown
  • Bioamber
  • Myriant Corporation
  • Kawasaki Kasei Chemicals Ltd.
  • Linyi Lixing Chemical Co., Ltd.
  • Anhui Sunsing Chemicals Co., Ltd.
  • Mitsubishi Chemical Holdings Corporation
  • Succinity
  • Nippon Shokubai Co. Ltd
  • Gadiv Petrochemical Industries Ltd.
  • Reverdia
Note: Product cover images may vary from those shown

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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