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Insights on the Succinic Acid Market to 2023 | Industry Statistics, Emerging Demands, Forecast to 2030 | Nintendo, Sony PlayStation Portable (PSP), Xbox Cloud Gaming

01-12-2024 11:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Insights on the Succinic Acid Market to 2023 | Industry

The global bio-succinic acid market is anticipated was around $277 million in 2019 and is expected to grow at a lucrative CAGR during the forecast period. The continuous growth of the food and beverages industry, increase in personal care such as anti-aging products and other industrial sectors are the factors that are driving the global succinic acid market. The other factors which are propelling the growth of the market include advancement in the rising of bio-based sustainable chemicals used by chemical industries. Further, as succinic acid is used as a neutralizing agent in various food items therefore it has a wide application in food industries. Moreover, rising awareness about eco-friendly products along with considering the environmental issue is resulting in the growth of the bio-succinic acid industry. However, the presence of alternate chemicals such as malic, citric acid is a major challenge for the market.

To Request a Sample of our Report on Succinic Acid Market: https://www.omrglobal.com/request-sample/bio-succinic-acid-market

Market Coverage

The market number available for - 2023-2030
Base year- 2022
Forecast period- 2024-2030
Segment Covered-

By End-User
By Raw Material
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- BASF SE, Kawasaki Kasei Chemicals, Succinity GmbH, Roquette Freres S.A. and S.S. Pharmachem

Succinic Acid Market Report Segment

By End-User

Chemical
Pharmaceutical End user s
Food and Beverages
Another End-User
By Raw Material

Corn-Based Bio-Succinic Acid
Sugarcane-Based Bio-Succinic Acid
Cassava-Based Bio-Succinic Acid
Other Raw Materials-Based Bio-Succinic Acid
A full Report of Succinic Acid Market is Available @ https://www.omrglobal.com/industry-reports/bio-succinic-acid-market

Succinic Acid Market Report Segment by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Company Profiles

Anhui Sunsing Chemicals Co., Ltd.
Anqing Hexing Chemical Co., Ltd.
AzelisSA
Corbion N.V.
ESIM Chemicals GmbH
MOLBASE (Shanghai) Biotechnology Co., Ltd
Evonik Industries AG
GC Innovation America Corp.
Jin Hui Zhao Long High-Tech Co., Ltd.
MerckKGaA
Mitsubishi Chemical Corp.
NatureWorks LLC
PTT-MCCBiochem Co. Ltd.
O.F.
Shandong Landian Biological Technology Co., LTD.
Showa Denko K.K.
Succinity GmbH
Thyssenkrupp AG
Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/bio-succinic-acid-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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