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Succinic Acid Market Size, Share, Development by 2024– Top Key players like BioAmber,Reverdia,Succinity GmbH,Inc.
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The growing manufacturing industries, increasing demand for bio-based succinic acid in Western Europe, increasing demand for polyurethane in North America, and continuous agreement/collaboration, joint venture, expansion, and merger & acquisition, activities undertaken by companies are the key factors driving the global succinic acid market.
Regionally, global major succinic acid consumption regions are Europe, North America, and Asia-Pacific. In 2017, Asia-Pacific is the largest consumption region with consumption of 23186 MT
During past five years, global succinic acid consumption had increased from 28495 ton in 2013 to 50276 ton in 2017, with a CAGR of 15.25%. In the future, we predict that global consumption will be 97099 ton by 2024.
The global Succinic Acid market is valued at 120 million US$ in 2018 is expected to reach 200 million US$ by the end of 2025, growing at a CAGR of 6.7% during 2019-2025.
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 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
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https://www.marketresearchreportstore.com/reports/442157/global-succinic-acid-market
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
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