Succinic Acid Market Grows with Fermentation‐Based Green Chemicals, Bioplastic Precursors & Carbon‐Efficient Processes, Fueled by Biorefinery Scale‐Up & Regulatory Support

Succinic Acid Market reached US$ 0.29 billion in 2024 and is expected to reach US$ 0.53 billion by 2032, growing with a CAGR of 7.76% during the forecast period 2025-2032.

Succinic Acid Market is positioned for robust growth, and shifting market dynamics reshaping the competitive landscape. DataM Intelligence's new report provides data-driven insights, SWOT analysis, and marketing-ready intelligence for businesses seeking to improve market penetration and campaign ROI.

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Succinic Acid Market Overview & Landscape:

The succinic acid market covers the production and application of a biobased dicarboxylic acid used as a precursor for polymers (PBS, PBT), plasticizers, solvents, and food additives. With growing emphasis on sustainable chemistry and replacement of petroleum‐derived adipic and phthalic acids, the landscape is evolving through fermentation‐based production and downstream integration into biodegradable materials. Market growth is driven by regulatory support for green chemicals, expanding bioplastic adoption, and cost reductions in bio‐refinery processes.

Recent Key Developments:

Commissioning of a 20 ktpa bio‐succinic acid plant in North America using corn‐derived feedstocks and advanced yeast strains.

Strategic partnership between a specialty chemicals firm and a biorefinery developer to scale continuous fermentation and purification.

Launch of succinic acid-based biodegradable polybutylene succinate (PBS) grades for compostable packaging applications.

Breakthrough in catalytic upgrading routes converting succinic acid to succinic anhydride with 95% selectivity.

Joint venture announced to integrate CO2 capture with succinic acid biosynthesis, enhancing carbon efficiency.

Strategic Players Driving the Succinic Acid Market Forward :

RPI, Spectrum Chemical, Reverdia, NIPPON SHOKUBAI CO., LTD., Junsei Chemical Co.,Ltd, Anhui Sunsing Chemicals Co.,Ltd, Guangzhou ZIO Chemical Co., Merck KGaA, GFS Chemicals, Inc. and Allan Chemical Corporation.

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Segment Covered in the Succinic Acid Market:

By Type

Bio-based
Petro-based

By Grade

Food Grade
Pharmaceutical Grade
Others

By End-User

Food & Beverages
Pharmaceutical
Industrial
Others

Regional Analysis for Succinic Acid Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Succinic Acid Market Research Industry:

✒ What are the primary drivers fueling growth in the Succinic Acid Market today?
✒ Which companies are currently leading innovation and market share in the Succinic Acid Market?
✒ In what ways is the current regulatory environment influencing the Succinic Acid Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the Succinic Acid Market-and why?
✒ What are the key barriers or challenges that could limit the growth of the Succinic Acid Market?

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