Press release
Bio Succinic Acid Market Key Trends, Manufacturers and Opportunities to 2026
Allied Market Research, today published a new market research report titled Bio-succinic Acid Market Size, Share, Trends, Opportunities, Global Demand, Insights, Analysis, Research, Report, Company Profiles, Segmentation and Forecast, 2013 2020. As per the study, the global bio-succinic acid market volume is expected to grow at a CAGR of 45.6% between 2013 and 2020. The market revenue was estimated to be $115.2 million in 2013 and is expected to grow to $1.1 billion by 2020. Increase in demand of bio-based chemicals is the major driver for this market. In addition, rising crude oil prices, adoption in newer industrial applications namely, 1,4-Butanediol (BDO), PBS, polyester polyols (polyurethane), and plasticizers will enable faster growth of the market.Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/178
Succinic acid is used as an intermediate chemical for a wide range of applications such as industrial, food, cosmetics, and pharmaceuticals. Until now, common source of succinic acid at industrial level was fossil fuel. However, petroleum based succinic acid shows significant carbon footprint during manufacturing process. This concern is now taken care with the development process of bio-based succinic acid from agricultural feedstock. The potential for bio-succinic acid market is in the replacement of existing succinic acid and v
Bio-succinic acid is currently being adopted the most in non-industrial applications such as food, pharmaceuticals and cosmetics. However, BDO is one of the major application segments of bio-succinic acid in terms of volume as well as revenue. This is mainly due to higher application of BDO as an intermediate chemical in production of THF (tetrahydrofuran), PBT (polybutylene terephtalate), and polyurethanes. Additionally, the larger volume of bio-succinic acid consumed as compared to maleic anhydride for production of BDO will also be the contributory to the growth of bio-succinic acid market. On the other hand, alkyd resins application is the fastest growing segment in terms of volume, growing at a CAGR of 93.6% during 2013-2020.
Purchase Enquiry Report @ https://www.alliedmarketresearch.com/purchase-enquiry/178
Geographical analysis of the market revealed that Europe is and will continue to be the leading revenue generating regional market till 2020. This is mainly due to strict regulatory imposition on the use of certain hazardous chemicals which pose as a threat to environment and human beings. Hence, to comply with the requirements, manufacturers are shifting to greener substitutes (bio-succinic acid). Asia Pacific is expected to be the fastest growing market at a CAGR of 49.5% during the analysis period.
The report has profiled some of the key players of the market such as BioAmber, Myraint, DSM, Mitsui Co, Mitsubishi, BASF, Roquette Freres S.A., Purac and Reverdia.
Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/178
Segments covered in the report:
BY APPLICATION
Industrial Application1,4-Butanediol (BDO)Polyester Polyols
PBS
Plasticizers
Solvents lubricants
Alkyd ResinsResins, coatings, pigments
De-icer solutionsFood Application
Pharma Application
Cosmetics Application
Others
BY GEOGRAPHY
North America
Europe
Asia Pacific
RoW
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bio Succinic Acid Market Key Trends, Manufacturers and Opportunities to 2026 here
News-ID: 2289041 • Views: …
More Releases from Allied Market Research
Global DNA Vaccine market to Hit $774.43M by 2030 (6.3% CAGR) Driven by Rising C …
DNA vaccines represent a groundbreaking approach to immunization, leveraging the power of genetics to stimulate a robust immune response. Unlike traditional vaccines that use weakened or inactivated pathogens, DNA vaccines introduce a small piece of genetic material to instruct cells to produce specific proteins that trigger an immune response. This article explores the potential of DNA vaccines, highlighting their unique advantages, advancements, and the transformative impact they may have on…
Aviation Weather RADAR Market Strategies, In-depth Analysis, Key Players and Geo …
The aviation weather RADAR system is the tool used by pilots for strategic and tactical planning of a safe flight trajectory. Each aircraft has a radar antenna mounted in the nose of the aircraft. This antenna catches signals, which are then processed by a computer, enabling the pilots to view the same and make necessary weather predictions. Since the aviation industry is highly competitive, the generated profits are attributed to…
Chocolate Couverture Market by Growth, Emerging Trends and Forecast by 2023-2032
Chocolate couverture is high-quality chocolate with extra cocoa butter, which imparts glossy texture, and is used to cover sweets and cakes. Couverture chocolate bars contain cocoa solids, cocoa butter, sugar, and other basic chocolate bar ingredients. The major change is with the texture of cocoa that is ground to a finer texture than regular chocolates and contains more cocoa butter. Various forms of chocolate coverture are available in the market…
Trends in Polyvinyl Butrayl (PVB) Films for Automobile Market 2026: Transforming …
As per the report published by Allied Market Research, the global polyvinyl butrayl (PVB) films for automobile market was pegged at $189.2 million in 2021, and is expected to reach $227.8 million by 2031, growing at a CAGR of 4.7% from 2022 to 2031.
The report provides an in-depth analysis of top segments, changing market trends, value chain, key investment pockets, competitive scenario, and regional landscape. The report is…
More Releases for BDO
Bio-BDO Market to Reach USD 1.48 Billion by 2034
The global bio-based 1,4-butanediol (Bio-BDO) market is entering a critical growth phase, propelled by the rising demand for sustainable and bio-based chemical intermediates across industries. As environmental regulations tighten and consumer preference shifts toward greener materials, Bio-BDO-derived from renewable sources-is rapidly becoming a preferred substitute for its petroleum-based counterpart.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/69179
According to industry estimates, the global Bio-BDO market is projected to grow from…
Latest 1,4-Butanediol (BDO) Manufacturing Plant Project Report by Procurement Re …
Procurement Resource, a premier provider of procurement intelligence and market research solutions, has released its latest report on the 1,4-Butanediol (BDO) Manufacturing Report . This comprehensive report offers invaluable insights for entrepreneurs, investors, and industrial stakeholders seeking to establish a robust and profitable BDO production facility. It delivers in-depth knowledge on market dynamics, technical and operational requirements, financial planning, and sustainable production trends - all essential for making informed business…
1,4 Butanediol (BDO) Market Statistical Forecast, Trade Analysis 2024 - 2031
DataM Intelligence has published a new research report on "1,4 Butanediol (BDO) Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Get a Free Sample Research PDF…
1,4 Butanediol (BDO) Market to Witness Astonishing Growth by 2028
The 1,4 Butanediol (BDO) market is projected to exhibit a considerable growth rate during the forecast period. The growing application of the 1,4 Butanediol in the end-user industry is one of the major factors augmenting the growth of the BDO market across the globe. The biological pathways of BDO production are providing greater scope to the chemical industries in the present time. Many key players are showing major interest in…
Global Bio-BDO Market Growth 2019-2024
LP INFORMATION offers a latest published report on Bio-BDO Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Bio-BDO market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report…
Bio-BDO Market: Competitive Dynamics & Global Outlook 2025
Market Research Report Store offers a latest published report on Bio-BDO Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
This report focuses on the key global Bio-BDO players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bio-BDO with respect to individual growth trends, future prospects,…
