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Succinic Acid Market Size, Share, Development by 2024

04-08-2019 10:49 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Global Info Research

Global Info Research offers a latest published report on Succinic Acid Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.

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.

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