Press release
Succinic Acid Market Insights and Analysis for Period 2017 – 2027
Global Succinic Acid Market: Dynamics, Segmentation, Regional Outlook, Participants
Rising demand for 1,4-butanediol, which is the building block for polyurethanes and for resins & plasticizers, in turn is expected to result in increasing demand for succinic acid. Further, succinic acid is used as a sequestrant in food industry, which helps to improve the stability and quality of food products. Thus, with the growing concern over food quality, the demand for succinic acid is also expected to increase. Moreover, increasing demand for succinic acid in the production of medicines for arthritis, pain, menopause, etc. is expected to drive the growth of succinic acid market. Also, government initiatives in the developed regions such as in
North America and Europe towards adoption of bio-based chemicals in order to support the sustainable development have propelled the demand for the bio-based succinic acid. Moreover, increasing use of bio-based succinic acid for the manufacture of polyurethanes instead of adipic acid is projected to bolster the succinic acid market growth. However, the fluctuating prices of crude oil are expected to affect the prices of succinic acid as well.
Request For Report Sample: http://www.futuremarketinsights.com/reports/sample/rep-gb-3954
Along with this, relatively higher manufacturing cost for bio-based succinic acid is expected to restrict growth of the market during forecast period. Thus, the development of cost effective manufacturing techniques for bio-based succinic acid will create new opportunities for the growth of succinic acid market. Succinic Acid Market Segmentation By Source – Bio based, Synthetic; By Grade – Food grade, Pharmaceutical grade, Industrial grade; By Application – Chemical intermediate, Pharmaceuticals, Cosmetics, Plastics & Polymers, Food & Beverages, Others
Global succinic acid market is mainly dominated by Europe in terms of value and volume, owing to the stringent regulations coupled with initiatives for the use of bio-based chemicals. In Europe, manufacturers are focusing on the development and use of bio-based succinic acid. The region is expected to register healthy CAGR over the forecast period. Asia Pacific is a significant market for succinic acid in terms of consumption and production. Growth in industries such as pharmaceuticals, chemicals and food & beverages, among others, in emerging economics such as in India and China are expected to boost the demand for succinic acid.
Request For Table Of Content @ https://www.futuremarketinsights.com/toc/rep-gb-3954
The region is thus, projected to register healthy CAGR over the forecast period. Succinic acid market in Latin America and Middle East & Africa regions are expected to register relatively slower growth during the forecast period.Examples of some of the market participants in the global succinic acid market, identified across the value chain, include BASF SE, BioAmber Inc., MITSUI & CO., LTD., Myriant Corporation, Koninklijke DSM N.V, Anqing Hexing Chemical Co. Ltd., Yantai Shanshui Chemical Technology
Co., Ltd., Astatech (Chengdu) Biopharmaceutical Corp., New Japan Chemical Co., Ltd., Kawasaki Kasei Chemicals, TCI Chemicals (India) Pvt Ltd., and Thirumalai Chemicals Ltd., among others. Some of the companies are focusing on the development of bio-based succinic acid in order to cater to the growing demand in developed regions and thus increasing their respective market shares.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Succinic Acid Market Insights and Analysis for Period 2017 – 2027 here
News-ID: 1019277 • Views: …
More Releases from Future Market Insights
Japan Mouth Freshener Market Forecast 2026-2036: Market Size, Share, Competitive …
The demand for mouth fresheners in Japan is projected to grow from USD 1.1 billion in 2025 to USD 1.9 billion by 2035, reflecting a compound annual growth rate (CAGR) of 5%. This surge is driven by rising consumer awareness of oral hygiene, increasing preference for convenient and functional products, and growing interest in sugar-free and health-oriented options.
Mouth fresheners, including mints and chewing gum, have become an essential part of…
Japan's Organic Pet Food Market Poised for Robust Growth, Forecast to Reach USD …
The demand for organic pet food in Japan is on a steady upward trajectory, with market value projected to grow from USD 125.5 million in 2025 to USD 221.5 million by 2035, reflecting a CAGR of 5.9%. The growth is fueled by increasing consumer awareness of pet health and wellness, coupled with the rising humanization of pets, where pets are increasingly treated as family members.
Pet owners in Japan are prioritizing…
Demand for Electric Stakebed Truck in USA Outlook 2026-2036: Strategic Trends, I …
U.S.A electric stakebed truck market is entering a phase of steady, policy-backed expansion as fleet electrification initiatives, tightening emission standards, and operational efficiency priorities reshape commercial transportation strategies nationwide. Valued at USD 418.7 million in 2025, the market is projected to reach USD 613.8 million by 2035, reflecting an absolute increase of USD 206.7 million over the forecast period. This growth represents total expansion of 49.4% and a compound annual…
Japan's Out-of-Home Coffee Market Set to Reach USD 1.7 Billion by 2035, Driven b …
The demand for out-of-home coffee in Japan is poised for steady growth, with the industry valued at USD 1.2 billion in 2025 and forecasted to reach USD 1.7 billion by 2035, reflecting a CAGR of 4.1% over the decade. Busy urban lifestyles, expanding café culture, and the rising popularity of ready-to-drink and instant coffee formats are key factors propelling the market forward.
Instant coffee continues to dominate, accounting for 35% of…
More Releases for Succinic
Dodecenyl Succinic Anhydride Market Size, Opportunities 2023-2032
The global market for Dodecenyl Succinic Anhydride (DDSA) has witnessed steady growth in recent years, reflecting its increasing applications across various industries. According to recent market research, DDSA accounted for USD 56.2 million in 2023 and is projected to reach USD 75.7 million by 2032, growing at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2032. This growth trajectory underscores the expanding demand and opportunities within the…
Polyisobutenyl Succinic Anhydride (PIBSA) Market 2022 | Detailed Report
The Polyisobutenyl Succinic Anhydride (PIBSA) research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market’s key players. Furthermore, the report offers insightful market data and information about the…
Global Succinic Acid Market Size-Forecast to 2026
As per the research conducted by GME, the Global Succinic Acid Market is estimated to be valued at USD 161.34 Million in 2021 and is projected to reach USD 226.29 Million by 2026 at a CAGR of 7%. The global succinic acid market is predominantly spurred by government initiatives that promote succinic acid production, the abundance of sustainable basic resources, and rising petroleum rates.
Browse 151 Market Data Tables and 111…
Succinic Acid market Global Forecast over 2017- 2027
Succinic acid (chemical formula: C4H6O4) is a water-soluble, crystalline, four-carbon di-carboxylic acid. It can be produced from petroleum feedstock or from bio based resources. Generally, succinic acid is produced from maleic anhydride, whereas, synthetically succinic acid is produced from butane via maleic anhydride. Furthermore, succinic acid is used as a chemical intermediate in the manufacturing of lacquers and perfume esters, in pharmaceutical products. Also, succinic acid is used in foods…
Succinic Acid Market- Global Industry Analysis by 2027
Succinic acid (chemical formula: C4H6O4) is a water-soluble, crystalline, four-carbon di-carboxylic acid. It can be produced from petroleum feedstock or from bio based resources. Generally, succinic acid is produced from maleic anhydride, whereas, synthetically succinic acid is produced from butane via maleic anhydride. Furthermore, succinic acid is used as a chemical intermediate in the manufacturing of lacquers and perfume esters, in pharmaceutical products. Also, succinic acid is used in foods…
Succinic Acid Market to Grow Globally
Succinic acid, also known as succinate is present in the tissues of animals and plants, where it plays a key role in the metabolic process. The name succinic acid is derived from the Latin ‘succinum’, meaning amber, and earlier it was also known as "spirit of amber." Succinic acid is either extracted from amber, manufactured synthetically or prepared through a fermentation process. Succinic acid is used as a supplement to…
