Press release
Succinic Acid Market To Have A Promising Future Ahead! | Key Players are Mitsubishi Chemical Holdings, Kawasaki Kasei Chemicals Ltd., BioAmber, Myriant , Reverdia (Netherlands), Succinity, Nippon Shokubai, , Linyi Lixing Chemical Co., Ltd, , Anhui Sunsing
Succinic Acid
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Succinic Acid Market Taxonomy
On the basis of product type, the global market is classified into:
Petro based
Bio Based
On the basis of end use industry, the global market is classified into:
De-icer Solutions
Polyurethanes
Resins, pigments & coatings
PBS/PBST
Pharmaceuticals
Food & Beverage
Personal Care
Plasticizers
Solvents & Lubricants
Succinic acid is widely used in the food and beverage industry as a pH and acidity regulator in various food production processes. In addition to this, it is also used in biodegradable solvents and lubricants, adhesive and powder coating, corrosion inhibition, for curing epoxy resins and as a plasticizer for polymers.
BioAmber, a leading manufacturer of succinic acid which has application in the production of industrial lubricants, paints and coatings, cosmetics and personal care products, sealants, adhesives, artificial leathers, food and flavor additives, biodegradable plastics, nylons, dyes & pigments, phthalate-free plasticizers and pharmaceutical compounds. Some of the major companies operating in the global succinic acid market include Mitsubishi Chemical Holdings, Kawasaki Kasei Chemicals Ltd., BioAmber, Myriant , Reverdia (Netherlands), Succinity, Nippon Shokubai, , Linyi Lixing Chemical Co., Ltd, , Anhui Sunsing Chemicals, and Gadiv Petrochemical Industries Ltd.
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