openPR Logo
Press release

Bio Succinic Acid Market Is Projected To Be Around $11497.55 Million By 2025

10-05-2017 02:37 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Crystal Market Research

Bio Succinic Acid Market Is Projected To Be Around $11497.55

A research study titled, “Bio Succinic Acid Market by Product, Application, Source Type, and Modality - Global Industry Analysis and Forecast To 2025” published by Crystal Market Research, states that the Bio Succinic Acid Market is projected to be around $11497.55 million by 2025.

For more information on this report, fill the form @: https://goo.gl/TJpM7S

The Bio Succinic Acid Market was worth USD 356.09 million in the year 2016 and is anticipated to reach roughly USD 11497.55 million by 2025, while registering itself at a compound annual growth rate (CAGR) of 47.12% during the forecast period. Bio-succinic acid is also known as 1, 4-butanedioic acid and amber acid. It is produced naturally as a cellular metabolism product and is synthetically produced from maleic anhydride. It is a 4-carbon dicarboxylic acid that is extremely versatile and has several uses in plastic, pharmaceuticals, metal plating’s and pigments. For the production of alkyd resin, bio-succinic acid can be utilized as an alternative to phthalic anhydride as it provides several environmental benefits and is cost-effective. Bio-succinic acid is extensively used in personal care products, lubricants, pigments and food colorants. It also used in products like Polybutylene Terephthalate, Tetrahydrofuran and Gamma-Butyrolactone in a number of applications such as pharmaceuticals and engineering.

The global bio-succinic acid market has witnessed substantial growth owing to it environmental benefits and cost-effectiveness. Increasing requirement of lubricants, pigments and other personal care products among consumers is said to one of the major factors to boost the growth of this market. Rising demand of bio-succinic acid in applications such as polyester polyols, alkyd resins, butanediol and plasticizers in various countries is anticipated to spur the growth of the global bio-succinic acid market. Additionally, regulatory encouragement that focuses on increasing awareness of the hazards that are caused by using petroleum-based products is expected to fuel the demand of bio-succinic acid. Furthermore, rising awareness regarding utilization of bio-based products for the packing of food sis one of the factors that boosts the growth of this market.

Browse Market Research Report @: https://www.crystalmarketresearch.com/report/bio-succinic-acid-market

On the basis of type the global bio-succinic market is segmented into petroleum-based and bio-based. O the basis of application the market is segmented into solvents & lubricants, Polyurethane, Plasticizers, De-icer Solutions, Pharmaceuticals, Food & Beverage, Resins, pigments & coating and personal care. The leading manufacturers in this market are BioAmber, Mitsubishi Chemical Holdings, Gadiv Petrochemical Industries Ltd, Reverdia, Linyi Lixing Chemical Co., Ltd., Kawasaki Kasei Chemicals Ltd. and Succinity.

About Crystal Market Research
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com
Website: http://www.crystalmarketresearch.com

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 Is Projected To Be Around $11497.55 Million By 2025 here

News-ID: 757940 • Views:

More Releases from Crystal Market Research

Forklift Market By Power Source | Qualitative Insights, Key Enhancement | Global Industry Analysis & Forecast To 2025
Forklift Market By Power Source | Qualitative Insights, Key Enhancement | Global …
Crystal Market Research Present Advance research on - Forklift Market, approximates that the Forklift Industry size is anticipated to flourish at a significant CAGR in the future. The Forklift Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Forklift is a little mechanical vehicle, having a power worked forked stage appended at the front to lift and move material over a
Global Security Analytics Market Developing Research Methodology Analysis by 2014-2023| Juniper Networks, International Business Machines Corporation (IBM), The Hewlett-Packard Company (HP), Arbor Networks, Inc., Cisco Systems
Global Security Analytics Market Developing Research Methodology Analysis by 201 …
This report provides strategic study of the Global Security Analytics Market, and the growth forecast for the period 2014 to 2023. The scope of the report includes competitive analysis of various market segments based on key trends, competitive landscape analysis and key regional development status. Kindly request for Sample Copy of Report @ https://www.crystalmarketresearch.com/report-sample/IC04706 This study provides insights about the Security Analytics Market in regards to its uses, benefits and in-depth look at

More Releases for Bio

Human Plasma Products Market 2023: Industry Future Trends | Takeda, CSL, Grifols …
The Human Plasma Products market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with
Gene Therapy Products Market | Advantagene, Avalanche Bio, Bluebird Bio, Cellado …
The global gene therapy products market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the gene therapy products market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
Bio-based Polymethyl Methacrylate (Bio-PMMA) Market 2023 | Detailed Report
The Bio-based Polymethyl Methacrylate (Bio-PMMA) report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research. The Bio-based Polymethyl Methacrylate (Bio-PMMA) research report
Bio Pharma Buffer Market – A comprehensive study by Key Players: Bio-Rad, Lonz …
Latest Market intelligence report released by HTF MI with title "COVID-19 Outbreak-Global Bio Pharma Buffer Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020" is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19 Outbreak-Global Bio Pharma Buffer Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary
IVIG Market Anticipated a Noteworthy CAGR during 2019-2024 & Companies Included …
A report added to the rich database of Qurate Business Intelligence, titled “World IVIG Market by Product Type, Players and Regions - Forecast to 2024”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the
Green & Bio-based Solvents Market Analysis, Demand, & Opportunities till 2023 | …
A latest research report titled as “Green & Bio-based Solvents Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives & Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the