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Bio-succinic Acid Market Analysis 2019-2025| BASF, Myriant Corporation, DSM, BioAmber Inc., Corbion

02-05-2020 07:36 AM CET | Health & Medicine

Press release from: Brandessence Market Research & Consulting Pvt ltd.

Bio-succinic Acid Market Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.

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Succinic acid is a pivotal intermediate chemical that has a myriad of applications in the production of a wide variety of specialty and commodity chemicals. It is known to offer an extensive array of utilities encompassing polymers, food, metals, pharmaceuticals, coatings, fibers, solvents, lubricating oils, diesel fuel oxygenates and cosmetics among many others. On earlier accounts, petroleum was the sole source of deriving succinic acid but, in the recent times, the current manufacturing procedures have commenced making use of renewable feedstock for extracting this vital compound. This biological procedure of obtaining succinic acid is sustainable, efficient, economical and environment-friendly which all work towards giving rise to a greater demand in the market.

Increasing demand for BDO and its derivatives including Tetrahydrofuran (THF), Gamma-Butyrolactone (GBL), and Polybutylene Terephtalate (PBT) in numerous applications such as pharmaceuticals and engineering plastics is likely to stimulate the demand. In addition, growing applications in lubricants, pigments, personal care products, and food colorants will spur the market penetration. Growing awareness regarding the benefits of using bio-based chemicals in packaging and food industry is expected to drive the demand. Increasing use of bio-succinic on account of reduction in carbon footprints along with favorable regulatory support in light of rising awareness towards hazards associated with usage of petroleum-based chemicals is expected to augment market growth. Bio-succinic acid can be used as a replacement to phthalic anhydride in manufacturing alkyd resins and offers cost-effectiveness and environmental advantages, which in turn will propel its growth over the next six years.

In North America, factors such as volatility in prices of C4 petroleum-based feedstock have driven development of bio-based chemicals such as bio-based succinic acid. Several industries in the region have commenced commercializing the production of bio-based succinic acid via fermentation of sugars. Numerous large-scale production facilities of bio-based succinic acid have been erected in the region, which in turn are proliferating their demand and supply among end-users. North America is anticipated to become the largest market for bio-based succinic acid by 2026-end.

In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bio-succinic Acid. This report studies the global market size of Bio-succinic Acid, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).

This study presents the Bio-succinic Acid production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

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In the global market, the following companies are covered:
BASF
Mitsubishi Chemical
Mitsui
DSM
Myriant
BioAmber
Reverdia
Corbion

Market Segment by Product Type
Bio-Based
Petro-Based
Others

Market Segment by Application
Polyurethanes
Resins, Pigments & Coatings
Pharmaceuticals
PBS/PBST
Food & Beverage
Plasticizers
Personal Care
Solvents & Lubricants
De-icer Solutions
Others

Global Bio-succinic Acid Market 2019 Industry research report is a proficient and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe, and Asia-Pacific). It covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key Vendors operating in this Global market. This Report Focuses on Major Drivers, Restraints, Opportunities and Threats for Key Players. It also Provides Granular Analysis of Market Share, Segmentation, Revenue Forecasts, and Regional Analysis till 2025.

The study objectives are:
To analyze and research the Bio-succinic Acid status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Bio-succinic Acid manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

Table of Content

Chapter 1 Global Bio-succinic Acid Market: Summary and Quantitative Analysis
1.1 Report Description
1.2 Global Bio-succinic Acid Market Revenue Overview
1.3 Global Bio-succinic Acid Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025

Chapter 2 Global Bio-succinic Acid Market: Overview and Qualitative Analysis
2.1 Executive Summary
2.2 Market Drivers
2.3 Market Restraints
2.4 Market Opportunities
2.5 Market Trends
2.6 Global Bio-succinic Acid Market: SWOT Analysis
2.7 Global Bio-succinic Acid Market: PEST Analysis
2.7 Global Bio-succinic Acid Market: Porter's Five Forces Analysis
2.8 Global Bio-succinic Acid Market: Attractiveness Analysis
2.8.1 Global Bio-succinic Acid Market: Attractiveness Analysis by Type
2.8.2 Global Bio-succinic Acid Market: Attractiveness Analysis by Grade
2.8.3 Global Bio-succinic Acid Market: Attractiveness Analysis by Regional

Chapter 3 Competitive Analysis
3.1 Global Bio-succinic Acid Market
3.1.1 Global Bio-succinic Acid Market Revenue (USD Billion), By Players 2018
3.1.2 Global Bio-succinic Acid Market Revenue Share (%), By Players 2018

Chapter 5 Global Bio-succinic Acid Market: By Product Type
5.1 Global Bio-succinic Acid Market Share (%), By Product Type, 2018
5.2 Global Bio-succinic Acid Market Revenue (USD Billion), By Product Type, 2015 - 2025
5.3 Global Bio-succinic Acid Market Revenue (USD Billion), By Retro,2015-2025
5.4 Global Bio-succinic Acid Market Revenue (USD Billion), By Standing/Self-Balancing, 2015-2025
5.4 Global Bio-succinic Acid Market Revenue (USD Billion), By Folding, 2015-2025
5.5 Global Bio-succinic Acid Market Revenue Share (%), By Product Type, 2015 - 2025
5.6 Global Bio-succinic Acid Market Revenue Market Share (%), By Product Type, 2015-2025
Continued....

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