Press release
Succinic Acid Market Size, Share, Development by 2024
Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-succinic-acid-market_p108518.html
Succinic acid, also called Butanedioic Acid, a dicarboxylic acid of molecular formula C4H6O4 that is widely distributed in almost all plant and animal tissues and that plays a significant role in intermediary metabolism. It is a colorless crystalline solid, soluble in water, with a melting point of 185–187° C (365–369° F).
Scope of the Report:
Succinic acid is an important raw material used in PBS/PBST, resins, coatings & pigments, food & beverage, pharmaceuticals and polyester polyols etc. During all those fields, resins, coatings & pigments are the largest application.
Large-scale bio-based succinic acid was first produced in Cassano Spinola, Italy, operated by Reverdia, the joint venture between DSM and Roquette Freres. The facility, which uses a yeast-based fermentation process, has a 10,000 tonnes/year capacity producing a plant-based succinic acid marketed under the brand Biosuccinium™. From then on, most suppliers have started bio-based succinic acid production. Currently, global major bio-based succinic acid suppliers include BioAmber, GC Innovation America, Reverdia and Succinity GmbH.
Though bio-based succinic acid becomes a popular environmental product, there are still few petro-based succinic acid suppliers, such as Mitsubishi Chemical, Kawasaki Kasei Chemicals, Nippon Shokubai, Feiyang Chemical, Sunsing Chemicals and Jinbaoyu Technology.
The worldwide market for Succinic Acid is expected to grow at a CAGR of roughly 4.6% over the next five years, will reach 170 million US$ in 2024, from 130 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Succinic Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
BioAmber
GC Innovation America
Reverdia
Succinity GmbH
Mitsubishi Chemical
Kawasaki Kasei Chemicals
Nippon Shokubai
Feiyang Chemical
Sunsing Chemicals
Jinbaoyu Technology
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Bio-based
Petro-based
Market Segment by Applications, can be divided into
Resins, Coatings & Pigments
PBS/PBST
Food & Beverage
Pharmaceuticals
Polyester Polyols
Other
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-succinic-acid-market_p108518.html
Related Information:
North America Succinic Acid Market Growth 2019-2024
United States Succinic Acid Market Growth 2019-2024
Asia-Pacific Succinic Acid Market Growth 2019-2024
Europe Succinic Acid Market Growth 2019-2024
EMEA Succinic Acid Market Growth 2019-2024
Global Succinic Acid Market Growth 2019-2024
China Succinic Acid Market Growth 2019-2024
Customization Service of the Report :
Market Research Report Store provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
About Us:
Market Research Report Store (MRRS) is a professional organization related to market research reports in all directions .To provide customers with a variety of market research reports, MRRS cooperates with a large of famous market report publishers all over the world. Owing to our good service and the professional market reports in the wide range, MRRS enjoys a good reputation in the market. In pace with the development of MRRS, more and more customers and market report publishers choose to cooperate with us. As a specialized platform, MRRS upholds the supremacy of customers and aims to provide customers with better service and richer select.
Contact US
Global Info Research
E-mail: report@globalinforesearch.com
Tel: +86-13660489451 00852-58197708(HK)
Add: RM 1605C HO KING COMM CTR 2-16 FA YUEN ST MONGKOK KL Hong Kong
Website: http://www.globalinforesearch.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 Size, Share, Development by 2024 here
News-ID: 1692446 • Views: …
More Releases from Global Info Research
Two-Dimensional Monoelement Materials Market Research Report: Types, Volume, Rev …
Global Info Research's report offers key insights into the recent developments in the global Two-Dimensional Monoelement Materials market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the market to…
Acid Dye Digital Ink Market Size, volume, Revenue, Trends Analysis Report 2023-2 …
Global Info Research's report offers key insights into the recent developments in the global Acid Dye Digital Ink market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the market…
Digital Printing Ink for Fabric Market Analysis, Demand, Trends and Forecast 202 …
Global Info Research's report offers key insights into the recent developments in the global Digital Printing Ink for Fabric market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the…
Global Indium(III) Selenide Market Size, Growth Rate, Industry opportunities 202 …
Global Info Research's report offers key insights into the recent developments in the global Indium(III) Selenide market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the market to help…
More Releases for Succinic
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…
Global Polyisobutenyl Succinic Anhydride Market: Scenario 2022
September Offer -
Flat 20% discount on purchase of this report from 15th to 30th September @ https://www.researchtrades.com/discount/1202944
For more offers post 30th September, kindly contact us.
Contact No. : +16269994607 (US)/ +91 7507349866 (IND)
Email: sales@researchtrades.com
Report Overview: The report offers a detailed insight into the upstream raw material analysis and downstream demand analysis along with crucial elements of Polyisobutenyl Succinic Anhydride Sales Market report for furthermore highlights key proposals for…
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…
Succinic Acid Market - Global Industry Analysis 2024
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…
