Press release
Global Succinic Acid Market Expected To Grow At CAGR Of 27.32% Between Years 2017-2021
About Succinic Acid Market
Succinic acid is also known as butanedioic acid, 1,2-ethanedicarboxylic acid, and amber acid. Succinic acid is conventionally manufactured by the catalytic hydrogenation of maleic anhydride. It can also be manufactured using either petroleum feedstock or bio-based feedstock. The diminishing supplies of oil and gas have forced manufacturers to look for alternative sources of manufacturing succinic acid. The bio-based method is the way toward manufacturing using sustainable and renewable resources.
Technavios analysts forecast the global succinic acid market to grow at a CAGR of 27.32% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global succinic acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Succinic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
BioAmber
KAWASAKI KASEI CHEMICALS
Myriant
Reverdia
Succinity
Other prominent vendors
Anhui Sunsing Chemicals
Anqing Hexing Chemical
Gadiv Petrochemical Industries
New Japan Chemical
Nippon Shokubai
Shandong Yuhuang Chemical
Thirumalai Chemicals
Market driver
Increasing environmental concerns
For a full, detailed list, view our report
Market challenge
Volatile prices of raw materials
For a full, detailed list, view our report
Market trend
Rising demand for polybutylene succinate
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Five forces analysis
PART 06: Market segmentation by end user
Overview: Global succinic acid market by end user
Global succinic acid market for coatings and pigments
Global succinic acid market for pharmaceuticals
Global succinic acid market for food and beverages
Global succinic acid market for polyurethane
Global succinic acid market for PBS/PBST
Global succinic acid market for cosmetics and personal care
Global succinic acid market for plasticizers
Global succinic acid market for others
PART 07: Geographical segmentation
Global succinic acid market by geography
Succinic acid market in Europe
Succinic acid market in APAC
Succinic acid market in North America
Succinic acid market in ROW
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PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Rising demand for polybutylene succinate
Succinic acid as a substitute for adipic acid in making PU
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