Market Research Logo

Succinic Acid - Global Market Outlook (2016-2022)

Succinic Acid - Global Market Outlook (2016-2022)

According to Stratistics MRC, the Global Succinic Acid market is accounted for $209.86 million in 2015 and is expected to reach $894.56 million by 2022 growing at a CAGR of 23.01%. Environmental sustainability, increasing use of succinic acid derivatives and bio-based succinic acid are driving the market. However, factors such as high manufacturing cost and instability in raw material costs are hampering the market. The market has immense opportunities in the forthcoming period, which includes demand for bio-based biodegradable plastic and increasing need for green substitutes.

PBS/PBST is the fastest estimated application segment owing to the growing demand for non-degradable and non-toxic plastic packaging components for the PET bottles. Pharmaceuticals accounted for second largest market share with the rise of medical tourism due to advanced healthcare. North American region is experiencing a shift from conventional succinic acid to bio-based succinic acid consumption. Germany is the key consumer of succinic acid in Europe. The largest manufacturers of bio-based succinic acid in Europe are Succinity GmbH and Reverdia. China is the largest consumer of succinic acid in Asia Pacific region and is expected to grow at a highest CAGR during the forecast period.

Some of the key players of the Succinic Acid market include Anhui Sunsing Chemicals Co., Ltd., Anqing Hexing Chemical Co. Ltd., Gadiv Petrochemical Industries Ltd., Grauer & Weil (I) Ltd., Kawasaki Kasei Chemicals Ltd., Linyi Lixing Chemical Co., Ltd., Maanvi Chemicals & Fertilizers, Mitsubishi Chemical Holdings Corporation, Myriant Corporation, New Japan Chemical Co., Ltd., Nippon Shokubai Co. Ltd, Sigma-Aldrich, Sinopec Yangzi Petrochemical, Spectrum Chemical Mfg. Corp., SRS Pharmaceuticals Pvt Ltd., Succinity GmbH, TCI Chemicals (India) Pvt Ltd. and Thirumalai Chemicals Limited.

Applications Covered:
1,4-butanediol
Coatings & Pigments
Cosmetics
De-icing Solutions
Food and Beverages
PBS/PBST
Personal Care
Pharmaceuticals
Plasticizers
Polyurethanes
Resins, Coatings, Dyes & Inks
Solvents & Lubricants

Types Covered:
Petro-Based Succinic Acid
Bio-Based Succinic Acid

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Product Analysis
3.8 Emerging markets
3.9 Futuristic market scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Succinic Acid Market, By Application
5.1 Introduction
5.2 1,4-butanediol
5.3 Coatings & Pigments
5.4 Cosmetics
5.5 De-icing Solutions
5.6 Food and Beverages
5.7 PBS/PBST
5.8 Personal Care
5.9 Pharmaceuticals
5.10 Plasticizers
5.11 Polyurethanes
5.12 Resins, Coatings, Dyes & Inks
5.13 Solvents & Lubricants
6 Global Succinic Acid Market, By Type
6.1 Introduction
6.2 Petro-Based Succinic Acid
6.3 Bio-Based Succinic Acid
7 Global Succinic Acid Market, By Geography
7.1 North America
7.1.1 US
7.1.2 Canada
7.1.3 Mexico
7.2 Europe
7.2.1 Germany
7.2.2 France
7.2.3 Italy
7.2.4 UK
7.2.5 Spain
7.2.6 Rest of Europe
7.3 Asia pacific
7.3.1 Japan
7.3.2 China
7.3.3 India
7.3.4 Australia
7.3.5 New Zealand
7.3.6 Rest of Asia Pacific
7.4 Rest of the World
7.4.1 Middle East
7.4.2 Brazil
7.4.3 Argentina
7.4.4 South Africa
7.4.5 Egypt
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 Anhui Sunsing Chemicals Co., Ltd.
9.2 Anqing Hexing Chemical Co. Ltd.
9.3 Gadiv Petrochemical Industries Ltd.
9.4 Grauer & Weil (I) Ltd.
9.5 Kawasaki Kasei Chemicals Ltd.
9.6 Linyi Lixing Chemical Co., Ltd.
9.7 Maanvi Chemicals & Fertilizers
9.8 Mitsubishi Chemical Holdings Corporation
9.9 Myriant Corporation
9.10 New Japan Chemical Co., Ltd.
9.11 Nippon Shokubai Co. Ltd
9.12 Sigma-Aldrich
9.13 Sinopec Yangzi Petrochemical
9.14 Spectrum Chemical Mfg. Corp.
9.15 SRS Pharmaceuticals Pvt Ltd.
9.16 Succinity
9.17 TCI Chemicals (India) Pvt Ltd.
9.18 Thirumalai Chemicals Limited
List of Tables
Table 1 Global Succinic Acid Market Outlook, By Region (2013-2022) ($MN)
Table 2 Global Succinic Acid Market Outlook, By Application (2013-2022) ($MN)
Table 3 Global Succinic Acid Market Outlook, By 1,4-butanediol (2013-2022) ($MN)
Table 4 Global Succinic Acid Market Outlook, By Coatings & Pigments (2013-2022) ($MN)
Table 5 Global Succinic Acid Market Outlook, By Cosmetics (2013-2022) ($MN)
Table 6 Global Succinic Acid Market Outlook, By De-icing Solutions (2013-2022) ($MN)
Table 7 Global Succinic Acid Market Outlook, By Food and Beverages (2013-2022) ($MN)
Table 8 Global Succinic Acid Market Outlook, By PBS/PBST (2013-2022) ($MN)
Table 9 Global Succinic Acid Market Outlook, By Personal Care (2013-2022) ($MN)
Table 10 Global Succinic Acid Market Outlook, By Pharmaceuticals (2013-2022) ($MN)
Table 11 Global Succinic Acid Market Outlook, By Plasticizers (2013-2022) ($MN)
Table 12 Global Succinic Acid Market Outlook, By Polyurethanes (2013-2022) ($MN)
Table 13 Global Succinic Acid Market Outlook, By Resins, Coatings, Dyes & Inks (2013-2022) ($MN)
Table 14 Global Succinic Acid Market Outlook, By Solvents & Lubricants (2013-2022) ($MN)
Table 15 Global Succinic Acid Market Outlook, By Type (2013-2022) ($MN)
Table 16 Global Succinic Acid Market Outlook, By Petro-Based Succinic Acid (2013-2022) ($MN)
Table 17 Global Succinic Acid Market Outlook, By Bio-Based Succinic Acid (2013-2022) ($MN)
Table 18 North America Succinic Acid Market Outlook, By Country (2013-2022) ($MN)
Table 19 North America Succinic Acid Market Outlook, By Application (2013-2022) ($MN)
Table 20 North America Succinic Acid Market Outlook, By 1,4-butanediol (2013-2022) ($MN)
Table 21 North America Succinic Acid Market Outlook, By Coatings & Pigments (2013-2022) ($MN)
Table 22 North America Succinic Acid Market Outlook, By Cosmetics (2013-2022) ($MN)
Table 23 North America Succinic Acid Market Outlook, By De-icing Solutions (2013-2022) ($MN)
Table 24 North America Succinic Acid Market Outlook, By Food and Beverages (2013-2022) ($MN)
Table 25 North America Succinic Acid Market Outlook, By PBS/PBST (2013-2022) ($MN)
Table 26 North America Succinic Acid Market Outlook, By Personal Care (2013-2022) ($MN)
Table 27 North America Succinic Acid Market Outlook, By Pharmaceuticals (2013-2022) ($MN)
Table 28 North America Succinic Acid Market Outlook, By Plasticizers (2013-2022) ($MN)
Table 29 North America Succinic Acid Market Outlook, By Polyurethanes (2013-2022) ($MN)
Table 30 North America Succinic Acid Market Outlook, By Resins, Coatings, Dyes & Inks (2013-2022) ($MN)
Table 31 North America Succinic Acid Market Outlook, By Solvents & Lubricants (2013-2022) ($MN)
Table 32 North America Succinic Acid Market Outlook, By Type (2013-2022) ($MN)
Table 33 North America Succinic Acid Market Outlook, By Petro-Based Succinic Acid (2013-2022) ($MN)
Table 34 North America Succinic Acid Market Outlook, By Bio-Based Succinic Acid (2013-2022) ($MN)
Table 35 Europe Succinic Acid Market Outlook, By Country (2013-2022) ($MN)
Table 36 Europe Succinic Acid Market Outlook, By Application (2013-2022) ($MN)
Table 37 Europe Succinic Acid Market Outlook, By 1,4-butanediol (2013-2022) ($MN)
Table 38 Europe Succinic Acid Market Outlook, By Coatings & Pigments (2013-2022) ($MN)
Table 39 Europe Succinic Acid Market Outlook, By Cosmetics (2013-2022) ($MN)
Table 40 Europe Succinic Acid Market Outlook, By De-icing Solutions (2013-2022) ($MN)
Table 41 Europe Succinic Acid Market Outlook, By Food and Beverages (2013-2022) ($MN)
Table 42 Europe Succinic Acid Market Outlook, By PBS/PBST (2013-2022) ($MN)
Table 43 Europe Succinic Acid Market Outlook, By Personal Care (2013-2022) ($MN)
Table 44 Europe Succinic Acid Market Outlook, By Pharmaceuticals (2013-2022) ($MN)
Table 45 Europe Succinic Acid Market Outlook, By Plasticizers (2013-2022) ($MN)
Table 46 Europe Succinic Acid Market Outlook, By Polyurethanes (2013-2022) ($MN)
Table 47 Europe Succinic Acid Market Outlook, By Resins, Coatings, Dyes & Inks (2013-2022) ($MN)
Table 48 Europe Succinic Acid Market Outlook, By Solvents & Lubricants (2013-2022) ($MN)
Table 49 Europe Succinic Acid Market Outlook, By Type (2013-2022) ($MN)
Table 50 Europe Succinic Acid Market Outlook, By Petro-Based Succinic Acid (2013-2022) ($MN)
Table 51 Europe Succinic Acid Market Outlook, By Bio-Based Succinic Acid (2013-2022) ($MN)
Table 52 Asia Pacific Succinic Acid Market Outlook, By Country (2013-2022) ($MN)
Table 53 Asia Pacific Succinic Acid Market Outlook, By Application (2013-2022) ($MN)
Table 54 Asia Pacific Succinic Acid Market Outlook, By 1,4-butanediol (2013-2022) ($MN)
Table 55 Asia Pacific Succinic Acid Market Outlook, By Coatings & Pigments (2013-2022) ($MN)
Table 56 Asia Pacific Succinic Acid Market Outlook, By Cosmetics (2013-2022) ($MN)
Table 57 Asia Pacific Succinic Acid Market Outlook, By De-icing Solutions (2013-2022) ($MN)
Table 58 Asia Pacific Succinic Acid Market Outlook, By Food and Beverages (2013-2022) ($MN)
Table 59 Asia Pacific Succinic Acid Market Outlook, By PBS/PBST (2013-2022) ($MN)
Table 60 Asia Pacific Succinic Acid Market Outlook, By Personal Care (2013-2022) ($MN)
Table 61 Asia Pacific Succinic Acid Market Outlook, By Pharmaceuticals (2013-2022) ($MN)
Table 62 Asia Pacific Succinic Acid Market Outlook, By Plasticizers (2013-2022) ($MN)
Table 63 Asia Pacific Succinic Acid Market Outlook, By Polyurethanes (2013-2022) ($MN)
Table 64 Asia Pacific Succinic Acid Market Outlook, By Resins, Coatings, Dyes & Inks (2013-2022) ($MN)
Table 65 Asia Pacific Succinic Acid Market Outlook, By Solvents & Lubricants (2013-2022) ($MN)
Table 66 Asia Pacific Succinic Acid Market Outlook, By Type (2013-2022) ($MN)
Table 67 Asia Pacific Succinic Acid Market Outlook, By Petro-Based Succinic Acid (2013-2022) ($MN)
Table 68 Asia Pacific Succinic Acid Market Outlook, By Bio-Based Succinic Acid (2013-2022) ($MN)
Table 69 RoW Succinic Acid Market Outlook, By Country (2013-2022) ($MN)
Table 70 RoW Succinic Acid Market Outlook, By Application (2013-2022) ($MN)
Table 71 RoW Succinic Acid Market Outlook, By 1,4-butanediol (2013-2022) ($MN)
Table 72 RoW Succinic Acid Market Outlook, By Coatings & Pigments (2013-2022) ($MN)
Table 73 RoW Succinic Acid Market Outlook, By Cosmetics (2013-2022) ($MN)
Table 74 RoW Succinic Acid Market Outlook, By De-icing Solutions (2013-2022) ($MN)
Table 75 RoW Succinic Acid Market Outlook, By Food and Beverages (2013-2022) ($MN)
Table 76 RoW Succinic Acid Market Outlook, By PBS/PBST (2013-2022) ($MN)
Table 77 RoW Succinic Acid Market Outlook, By Personal Care (2013-2022) ($MN)
Table 78 RoW Succinic Acid Market Outlook, By Pharmaceuticals (2013-2022) ($MN)
Table 79 RoW Succinic Acid Market Outlook, By Plasticizers (2013-2022) ($MN)
Table 80 RoW Succinic Acid Market Outlook, By Polyurethanes (2013-2022) ($MN)
Table 81 RoW Succinic Acid Market Outlook, By Resins, Coatings, Dyes & Inks (2013-2022) ($MN)
Table 82 RoW Succinic Acid Market Outlook, By Solvents & Lubricants (2013-2022) ($MN)
Table 83 RoW Succinic Acid Market Outlook, By Type (2013-2022) ($MN)
Table 84 RoW Succinic Acid Market Outlook, By Petro-Based Succinic Acid (2013-2022) ($MN)
Table 85 RoW Succinic Acid Market Outlook, By Bio-Based Succinic Acid (2013-2022) ($MN)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report