Press release
Industrial Grade Amber Acid Market Outlook 2024: Growth Analysis, Latest Industry Trends and Future Outlook by 2030
LOS ANGELES, United States: The report named, "Global and United States Industrial Grade Amber Acid Market Report & Forecast 2024-2030" has been added to the archive of market research studies by QY Research. The industry experts and researchers have offered reliable and precise analysis of the global Industrial Grade Amber Acid market in view of numerous aspects such as growth factors, challenges, limitations, developments, trends, and growth opportunities. This report will surely act as a handy instrument for the market participants to develop effective strategies with an aim to reinforce their market positions. This report offers pin-point analysis of the changing dynamics and emerging trends in the global Industrial Grade Amber Acid market.The global Industrial Grade Amber Acid revenue was US$ 60.1 million in 2023 and is forecast to a readjusted size of US$ 104 million by 2030 with a CAGR of 7.6% during the review period (2024-2030).
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This grade of Amber acid is widely used as an intermediate in chemical synthesis and in the manufacture of plastics, polymers, lubricants, and other industrial chemicals. The bio-based industrial-grade Amber acid has become increasingly popular due to the demand for sustainable materials, though petrochemical-derived Amber acid still represents a significant portion of the market due to cost efficiency.
The market for industrial-grade Amber acid is driven by its broad applicability across various sectors, including plastics, biofuels, chemicals, and industrial manufacturing. Both bio-based and petrochemical-based Amber acid contribute to this market, with the bio-based version gaining momentum due to growing environmental awareness and sustainability trends.
Shift Toward Renewable Feedstocks:
The growing demand for bio-based products is causing a shift from petrochemical-based Amber acid to bio-based Amber acid. The ability to produce Amber acid from renewable resources (e.g., corn, sugarcane, and other biomass) aligns with global trends toward reducing carbon footprints and ensuring sustainable production practices.
Technological Advancements:
Advances in fermentation technologies and genetic engineering have enhanced the yield and efficiency of bio-based Amber acid production, making it more commercially viable and cost-competitive with petrochemical-based alternatives.
Regional Growth:
The industrial-grade Amber acid market is expanding in Asia-Pacific (particularly China and India), driven by increased industrial activity, a rising demand for bioplastics, and government policies supporting sustainable practices.
The core manufacturers of Industrial-grade Amber acid in the world include LCY Biosciences (BioAmber), Reverdia, Nippon Shokubai, Shandong Feiyang, etc. The top five manufacturers account for about 70% of the global market share.
Key Players Mentioned in the Global Industrial Grade Amber Acid Market Research Report:
LCY Biosciences(BioAmber), Succinity GmbH, Roquette(Reverdia), Technip Energies, Nippon Shokubai, Feiyang Chemical, Sunsing Chemicals, Jinbaoyu Technology, Shandong Landian Biological Technology, Shanghai Shenren Fine Chemical, Weinan Huifeng, AH BIOSUS, HSUKO New Materials
The segmental analysis section of the report includes a thorough research study on key type and application segments of the global Industrial Grade Amber Acid market. All of the segments considered for the study are analyzed in quite some detail on the basis of market share, growth rate, recent developments, technology, and other critical factors. The segmental analysis provided in the report will help players to identify high-growth segments of the global Industrial Grade Amber Acid market and clearly understand their growth journey. Moreover, it will help them to identify key growth pockets of the global Industrial Grade Amber Acid market.
Details of Industrial Grade Amber Acid Market Segmentation: -
Segment by Type:
Bio-based
Petroleum-based
Segment by Application:
Plastics and Polymers
Solvents and Chemicals
Biofuels
Others
Segment by Region:
North America
Europe
Asia Pacific
South America
Middle East and Africa
The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global Industrial Grade Amber Acid market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Industrial Grade Amber Acid markets to help players plan effective expansion strategies. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries. Players can use this study to explore untapped Industrial Grade Amber Acid markets to extend their reach and create sales opportunities.
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Table of Content
1 Study Coverage
1.1 Industrial Grade Amber Acid Product Introduction
1.2 Global Industrial Grade Amber Acid Outlook 2019 VS 2023 VS 2030
1.2.1 Global Industrial Grade Amber Acid Sales in US$ Million for the Year 2019-2030
1.2.2 Global Industrial Grade Amber Acid Sales in Volume for the Year 2019-2030
1.3 United States Industrial Grade Amber Acid Outlook 2019 VS 2023 VS 2030
1.3.1 United States Industrial Grade Amber Acid Sales in US$ Million for the Year 2019-2030
1.3.2 United States Industrial Grade Amber Acid Sales in Volume for the Year 2019-2030
1.4 Industrial Grade Amber Acid Market Size, United States VS Global, 2019 VS 2023 VS 2030
1.4.1 The Market Share of United States Industrial Grade Amber Acid in Global, 2019 VS 2023 VS 2030
1.4.2 The Growth Rate of Industrial Grade Amber Acid Market Size, United States VS Global, 2019 VS 2023 VS 2030
1.5 Industrial Grade Amber Acid Market Dynamics
1.5.1 Industrial Grade Amber Acid Industry Trends
1.5.2 Industrial Grade Amber Acid Market Drivers
1.5.3 Industrial Grade Amber Acid Market Challenges
1.5.4 Industrial Grade Amber Acid Market Restraints
1.6 Assumptions and Limitations
1.7 Study Objectives
1.8 Years Considered
2 Industrial Grade Amber Acid by Type
2.1 Industrial Grade Amber Acid Market by Type
2.1.1 Bio-based
2.1.2 Petroleum-based
2.2 Global Industrial Grade Amber Acid Market Size by Type
2.2.1 Global Industrial Grade Amber Acid Sales in Value, by Type (2019, 2023 & 2030)
2.2.2 Global Industrial Grade Amber Acid Sales in Volume, by Type (2019, 2023 & 2030)
2.2.3 Global Industrial Grade Amber Acid Average Selling Price (ASP) by Type (2019, 2023 & 2030)
2.3 United States Industrial Grade Amber Acid Market Size by Type
2.3.1 United States Industrial Grade Amber Acid Sales in Value, by Type (2019, 2023 & 2030)
2.3.2 United States Industrial Grade Amber Acid Sales in Volume, by Type (2019, 2023 & 2030)
2.3.3 United States Industrial Grade Amber Acid Average Selling Price (ASP) by Type (2019, 2023 & 2030)
3 Industrial Grade Amber Acid by Application
3.1 Industrial Grade Amber Acid Market by Application
3.1.1 Plastics and Polymers
3.1.2 Solvents and Chemicals
3.1.3 Biofuels
3.1.4 Others
3.2 Global Industrial Grade Amber Acid Market Size by Application
3.2.1 Global Industrial Grade Amber Acid Sales in Value, by Application (2019, 2023 & 2030)
3.2.2 Global Industrial Grade Amber Acid Sales in Volume, by Application (2019, 2023 & 2030)
3.2.3 Global Industrial Grade Amber Acid Average Selling Price (ASP) by Application (2019, 2023 & 2030)
3.3 United States Industrial Grade Amber Acid Market Size by Application
3.3.1 United States Industrial Grade Amber Acid Sales in Value, by Application (2019, 2023 & 2030)
3.3.2 United States Industrial Grade Amber Acid Sales in Volume, by Application (2019, 2023 & 2030)
3.3.3 United States Industrial Grade Amber Acid Average Selling Price (ASP) by Application (2019, 2023 & 2030)
4 Global Industrial Grade Amber Acid Competitor Landscape by Company
4.1 Global Industrial Grade Amber Acid Market Size by Company
4.1.1 Global Key Manufacturers of Industrial Grade Amber Acid, Ranked by Revenue (2023)
4.1.2 Global Industrial Grade Amber Acid Revenue by Manufacturer (2019-2024)
4.1.3 Global Industrial Grade Amber Acid Sales by Manufacturer (2019-2024)
4.1.4 Global Industrial Grade Amber Acid Price by Manufacturer (2019-2024)
4.2 Global Industrial Grade Amber Acid Concentration Ratio (CR)
4.2.1 Industrial Grade Amber Acid Market Concentration Ratio (CR) (2019-2024)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Industrial Grade Amber Acid in 2023
4.2.3 Global Industrial Grade Amber Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Key Manufacturers of Industrial Grade Amber Acid, Manufacturing Base Distribution and Headquarters
4.4 Global Key Manufacturers of Industrial Grade Amber Acid, Product Offered and Application
4.5 Global Key Manufacturers of Industrial Grade Amber Acid, Date of Enter into This Industry
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4.7 United States Industrial Grade Amber Acid Market Size by Company
4.7.1 Key Players of Industrial Grade Amber Acid in United States, Ranked by Revenue (2023)
4.7.2 United States Industrial Grade Amber Acid Revenue by Players (2019-2024)
4.7.3 United States Industrial Grade Amber Acid Sales by Players (2019-2024)
5 Global Industrial Grade Amber Acid Market Size by Region
5.1 Global Industrial Grade Amber Acid Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Industrial Grade Amber Acid Market Size in Volume by Region (2019-2030)
5.2.1 Global Industrial Grade Amber Acid Sales in Volume by Region: 2019-2024
5.2.2 Global Industrial Grade Amber Acid Sales in Volume Forecast by Region (2025-2030)
5.3 Global Industrial Grade Amber Acid Market Size in Value by Region (2019-2030)
5.3.1 Global Industrial Grade Amber Acid Sales in Value by Region: 2019-2024
5.3.2 Global Industrial Grade Amber Acid Sales in Value by Region: 2025-2030
6 Americas
6.1 Americas Industrial Grade Amber Acid Market Size YoY Growth 2019-2030
6.2 Americas Industrial Grade Amber Acid Sales in Volume, by Type (2019, 2023 & 2030)
6.3 Americas Industrial Grade Amber Acid Sales in Volume, by Application (2019, 2023 & 2030)
6.4 Americas Industrial Grade Amber Acid Market Facts & Figures by Country (2019, 2023 & 2030)
6.4.1 Americas Industrial Grade Amber Acid Sales in Value by Country (2019, 2023 & 2030)
6.4.2 Americas Industrial Grade Amber Acid Sales in Volume by Country (2019, 2023 & 2030)
6.4.3 United States
6.4.4 Canada
6.4.5 Mexico
6.4.6 Brazil
7 EMEA
7.1 EMEA Industrial Grade Amber Acid Market Size YoY Growth 2019-2030
7.2 EMEA Industrial Grade Amber Acid Sales in Volume, by Type (2019, 2023 & 2030)
7.3 EMEA Industrial Grade Amber Acid Sales in Volume, by Application (2019, 2023 & 2030)
7.4 EMEA Industrial Grade Amber Acid Market Facts & Figures by Country (2019, 2023 & 2030)
7.4.1 EMEA Industrial Grade Amber Acid Sales in Value by Country (2019, 2023 & 2030)
7.4.2 EMEA Industrial Grade Amber Acid Sales in Volume by Country (2019, 2023 & 2030)
7.4.3 Europe
7.4.4 Middle East
7.4.5 Africa
8 China
8.1 China Industrial Grade Amber Acid Market Size YoY Growth 2019-2030
8.2 China Industrial Grade Amber Acid Sales in Volume, by Type (2019, 2023 & 2030)
8.3 China Industrial Grade Amber Acid Sales in Volume, by Application (2019, 2023 & 2030)
9 APAC
9.1 APAC Industrial Grade Amber Acid Market Size YoY Growth 2019-2030
9.2 APAC Industrial Grade Amber Acid Sales in Volume, by Type (2019, 2023 & 2030)
9.3 APAC Industrial Grade Amber Acid Sales in Volume, by Application (2019, 2023 & 2030)
9.4 APAC Industrial Grade Amber Acid Market Facts & Figures by Country (2019, 2023 & 2030)
9.4.1 APAC Industrial Grade Amber Acid Sales in Value by Country (2019, 2023 & 2030)
9.4.2 APAC Industrial Grade Amber Acid Sales in Volume by Country (2019, 2023 & 2030)
9.4.3 Japan
9.4.4 South Korea
9.4.5 China Taiwan
9.4.6 Southeast Asia
9.4.7 India
10 Company Profiles
10.1 LCY Biosciences(BioAmber)
10.1.1 LCY Biosciences(BioAmber) Company Information
10.1.2 LCY Biosciences(BioAmber) Description and Business Overview
10.1.3 LCY Biosciences(BioAmber) Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.1.4 LCY Biosciences(BioAmber) Industrial Grade Amber Acid Products Offered
10.1.5 LCY Biosciences(BioAmber) Recent Development
10.2 Succinity GmbH
10.2.1 Succinity GmbH Company Information
10.2.2 Succinity GmbH Description and Business Overview
10.2.3 Succinity GmbH Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.2.4 Succinity GmbH Industrial Grade Amber Acid Products Offered
10.2.5 Succinity GmbH Recent Development
10.3 Roquette(Reverdia)
10.3.1 Roquette(Reverdia) Company Information
10.3.2 Roquette(Reverdia) Description and Business Overview
10.3.3 Roquette(Reverdia) Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.3.4 Roquette(Reverdia) Industrial Grade Amber Acid Products Offered
10.3.5 Roquette(Reverdia) Recent Development
10.4 Technip Energies
10.4.1 Technip Energies Company Information
10.4.2 Technip Energies Description and Business Overview
10.4.3 Technip Energies Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.4.4 Technip Energies Industrial Grade Amber Acid Products Offered
10.4.5 Technip Energies Recent Development
10.5 Nippon Shokubai
10.5.1 Nippon Shokubai Company Information
10.5.2 Nippon Shokubai Description and Business Overview
10.5.3 Nippon Shokubai Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.5.4 Nippon Shokubai Industrial Grade Amber Acid Products Offered
10.5.5 Nippon Shokubai Recent Development
10.6 Feiyang Chemical
10.6.1 Feiyang Chemical Company Information
10.6.2 Feiyang Chemical Description and Business Overview
10.6.3 Feiyang Chemical Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.6.4 Feiyang Chemical Industrial Grade Amber Acid Products Offered
10.6.5 Feiyang Chemical Recent Development
10.7 Sunsing Chemicals
10.7.1 Sunsing Chemicals Company Information
10.7.2 Sunsing Chemicals Description and Business Overview
10.7.3 Sunsing Chemicals Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.7.4 Sunsing Chemicals Industrial Grade Amber Acid Products Offered
10.7.5 Sunsing Chemicals Recent Development
10.8 Jinbaoyu Technology
10.8.1 Jinbaoyu Technology Company Information
10.8.2 Jinbaoyu Technology Description and Business Overview
10.8.3 Jinbaoyu Technology Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.8.4 Jinbaoyu Technology Industrial Grade Amber Acid Products Offered
10.8.5 Jinbaoyu Technology Recent Development
10.9 Shandong Landian Biological Technology
10.9.1 Shandong Landian Biological Technology Company Information
10.9.2 Shandong Landian Biological Technology Description and Business Overview
10.9.3 Shandong Landian Biological Technology Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.9.4 Shandong Landian Biological Technology Industrial Grade Amber Acid Products Offered
10.9.5 Shandong Landian Biological Technology Recent Development
10.10 Shanghai Shenren Fine Chemical
10.10.1 Shanghai Shenren Fine Chemical Company Information
10.10.2 Shanghai Shenren Fine Chemical Description and Business Overview
10.10.3 Shanghai Shenren Fine Chemical Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.10.4 Shanghai Shenren Fine Chemical Industrial Grade Amber Acid Products Offered
10.10.5 Shanghai Shenren Fine Chemical Recent Development
10.11 Weinan Huifeng
10.11.1 Weinan Huifeng Company Information
10.11.2 Weinan Huifeng Description and Business Overview
10.11.3 Weinan Huifeng Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.11.4 Weinan Huifeng Industrial Grade Amber Acid Products Offered
10.11.5 Weinan Huifeng Recent Development
10.12 AH BIOSUS
10.12.1 AH BIOSUS Company Information
10.12.2 AH BIOSUS Description and Business Overview
10.12.3 AH BIOSUS Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.12.4 AH BIOSUS Industrial Grade Amber Acid Products Offered
10.12.5 AH BIOSUS Recent Development
10.13 HSUKO New Materials
10.13.1 HSUKO New Materials Company Information
10.13.2 HSUKO New Materials Description and Business Overview
10.13.3 HSUKO New Materials Industrial Grade Amber Acid Sales, Revenue and Gross Margin (2019-2024)
10.13.4 HSUKO New Materials Industrial Grade Amber Acid Products Offered
10.13.5 HSUKO New Materials Recent Development
11 Industry Chain and Sales Channels Analysis
11.1 Industrial Grade Amber Acid Industry Chain Analysis
11.2 Industrial Grade Amber Acid Key Raw Materials
11.2.1 Key Raw Materials
11.2.2 Raw Materials Key Suppliers
11.3 Industrial Grade Amber Acid Production Mode & Process
11.4 Industrial Grade Amber Acid Sales and Marketing
11.4.1 Industrial Grade Amber Acid Sales Channels
11.4.2 Industrial Grade Amber Acid Distributors
11.5 Industrial Grade Amber Acid Customers
12 Research Findings and Conclusion
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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