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MarketersMEDIA / Newsroom / Succinic Acid Market is Expected to Grow more than US$ 500 Million by 2023

Succinic Acid Market is Expected to Grow more than US$ 500 Million by 2023

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Global Succinic acid market is anticipated to exceed more than USD 500 million by 2023. The revenue of this market is projected to increase at CAGR of 21% during the forecast period. Europe is a leading market for succinic acid industry by revenue which accounted largest share worldwide.

— New York, November 16, 2018: Asia Pacific is a second leading market and will grow with highest growth rate at a CAGR of 28% owing to exponential demand for succinic acid in various end-use applications such as pharmaceuticals and personal care industry. China is known for largest consumer of succinic acid in Asia Pacific acid.

Global Succinic acid market is anticipated to exceed more than USD 500 million by 2023. The revenue of this market is projected to increase at CAGR of 21% during the forecast period. Europe is a leading market for succinic acid industry by revenue which accounted largest share worldwide.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include BioAmber Inc, Gadiv Petrochemical industries ltd, Kawasaki Kasei Chemicals Ltd, Mitsubishi Chemical Corporation, Mitsui & Co. Ltd, Myriant Corporation, Nippon Shokubai Co. Ltd, PTT Global Chemical Public Co. Ltd, Purac, BASF SE, Reverdia, Roquette Freres S.A and DSM N.V. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

Browse Full Report: https://www.marketresearchengine.com/reportdetails/succinic-acid-market

The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.

Succinic acid is white, solid and odourless chemical compound. It is mainly used as feedstock for many materials such as polymers, resins and solvents. FDA has approved it as as safe for additives in food and dietary supplements.

Increasing demand for bio based succinic is challenging the market players to meet the needs of consumers which is a driver for global succinic acid market. Rising demand in pharmaceuticals industry is one of the driving factors. Personal care and pharmaceutical market account the largest share in the market which is major driving factor for global market.

This report provides:

1) An overview of the global market for succinic acid and related technologies.

2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022.

3) Identifications of new market opportunities and targeted promotional plans for succinic acid market.

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.

 

The Succinic acid Market has been Segmented as below:

The Succinic acid Market is segmented on the Basis of Source Type, Application Type and Regional Analysis. By Source Type this market is segmented on the basis of Petroleum-based and Bio-based.

 

By Application Type this market is segmented on the basis of Polyurethane, 1, 4 Butanediol,Food and Beverages, Resins, Coatings & Pigments, Plasticizers, Pharmacy, De-icer solutions, PBS/PBST, Solvents & Lubricants, Personal Care and Other. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia Pacific and Rest of the World (RoW).

Request Sample Report from here: https://www.marketresearchengine.com/reportdetails/succinic-acid-market

Table of Contents

1 INTRODUCTION

2 Research Methodology

2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Succinic Acid Market, By Type

8 Succinic Acid Market, By Application

9 Succinic Acid Market, By Region

10 Competitive Landscape

11 Company Profiles

11.1 Bioamber

11.2 Myriant Corporation

11.3 Kawasaki Kasei Chemicals Ltd.

11.4 Linyi Lixing Chemical Co., Ltd.

11.5 Anhui Sunsing Chemicals Co., Ltd.

11.6 Mitsubishi Chemical Holdings Corporation

11.7 Succinity

11.8 Nippon Shokubai Co. Ltd

11.9 Gadiv Petrochemical Industries Ltd.

11.10 Reverdia

11.11 Additional Company Profiles

11.11.1 Astatech (Chengdu) Biopharmaceutical Corp.

11.11.2 R-Biopharm Ag

11.11.3 Evonik Industries

11.11.4 Thyssenkrupp

11.11.5 Natureworks LLC

11.11.6 Sigma-Aldrich

11.11.7 Sinopec Yangzi Petrochemical

11.11.8 New Japan Chemical Co., Ltd.

11.11.9 TCI Chemicals (India) Pvt Ltd.

11.11.10 Grauer & Weil (I) Ltd.

11.11.11 Maanvi Chemicals & Fertilizers

11.11.12 Spectrum Chemical Mfg. Corp.

11.11.13 Anqing Hexing Chemical Co. Ltd.

11.11.14 Thirumalai Chemicals Limited

11.11.15 SRS Pharmaceuticals Pvt Ltd.

11.11.16 SS Pharmachem

11.11.17 DC Chemical Co., Ltd.

11.11.18 DPX Fine Chemicals

11.11.19 Johnson Matthey Davy Technologies

11.11.20 Shandong Chemical Co., Ltd.

11.11.21 Yantai Shanshui Chemical Technology Co., Ltd.

Other Chemical and Materials Related Research Report:

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Contact Info:
Name: John Bay
Email: Send Email
Organization: Market Research Engine
Website: https://www.marketresearchengine.com/

Release ID: 445215

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