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US Bio Succinic Acid Market Trends, Size, Competitive Analysis and Forecast - 2019-2025

05-14-2020 09:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

US Bio Succinic Acid Market

US Bio Succinic Acid Market

The US bio succinic acid market is estimated to grow at a significant growth rate of 21.0% over the forecast period from $48.0 million in 2018. The US is one of the major markets for bio-succinic acid. The increasing use of bio succinic acid in different sector such as, chemicals, polybutylene succinate (PBS), pharmaceutical, food & beverages, plastic, and packaging are the major factors for a significant market share in the region. Moreover, the stricter regulations for the usage of petroleum-based products due to their harmful environmental effects, and continuous reducing fossil fuel reserve has boosted the demand for bio-based platform chemicals.

Request a free sample of our report on US Bio Succinic Acid Market: https://www.omrglobal.com/request-sample/us-bio-succinic-acid-market

Crude glycerol is the major by-product in the manufacturing of bio-diesel. Continuous R&D and technological advancements are providing opportunities for bio-based platform chemicals. The US has divided 66 chemicals into petrochemicals, intermediates, polymers & rubber, fertilizers, inorganic chemicals, and specialties. Polymers are being used in various industries including food packaging, and agriculture, chemical industry. Food packaging companies are shifting towards biopolymers for packaging material due to growing environmental concerns and stringent government regulations.

A full report of US Bio Succinic Acid Market is available at: https://www.omrglobal.com/industry-reports/us-bio-succinic-acid-market

By Application
o Chemical Industry
o Pharmaceutical Industry
o Food & Beverage Industry
o Others (Cosmetic Industry)

By Raw Material
o Corn
o Sugarcane
o Cassava
o Others (Coffee Husk)

Company Profiles
o Anqing Hexing Chemical Co., Ltd.
o BASF SE
o Corbion N.V.
o Jin Hui Zhao Long High-Tech Co., Ltd.
o LCY Chemical Corp.
o Merck KGaA
o Mitsubishi Chemical Corp.
o Reverdia V.O.F.
o Roquette Freres SA

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/us-bio-succinic-acid-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404

About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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