The global Bio-succinic Acid market was valued at 448.54 Million USD in 2020 and will grow with a CAGR of 35.39% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Succinic acid is a pivotal intermediate chemical that has a myriad of applications in the production of a wide variety of specialty and commodity chemicals. It is known to offer an extensive array of utilities encompassing polymers, food, metals, pharmaceuticals, coatings, fibers, solvents, lubricating oils, diesel fuel oxygenates and cosmetics among many others. On earlier accounts, petroleum was the sole source of deriving succinic acid but, in the recent times, the current manufacturing procedures have commenced making use of renewable feedstock for extracting this vital compound. This biological procedure of obtaining succinic acid is sustainable, efficient, economical and environment-friendly which all work towards giving rise to a greater demand in the market.Increasing demand for BDO and its derivatives including Tetrahydrofuran (THF), Gamma-Butyrolactone (GBL), and Polybutylene Terephtalate (PBT) in numerous applications such as pharmaceuticals and engineering plastics is likely to stimulate the demand. In addition, growing applications in lubricants, pigments, personal care products, and food colorants will spur the market penetration. Growing awareness regarding the benefits of using bio-based chemicals in packaging and food industry is expected to drive the demand. Increasing use of bio-succinic on account of reduction in carbon footprints along with favorable regulatory support in light of rising awareness towards hazards associated with usage of petroleum-based chemicals is expected to augment market growth. Bio-succinic acid can be used as a replacement to phthalic anhydride in manufacturing alkyd resins and offers cost-effectiveness and environmental advantages, which in turn will propel its growth over the next six years.
By Market Verdors:
BASF
Mitsubishi Chemical
Mitsui
DSM
Myriant
Reverdia
Corbion
By Types:
Bio-Based
Petro-Based
By Applications:
Polyurethanes
Resins, Pigments & Coatings
Pharmaceuticals
PBS/PBST
Food & Beverage
Plasticizers
Personal Care
Solvents & Lubricants
De-icer Solutions
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.4.1 North America Market States and Outlook (2022-2027)
1.4.2 East Asia Market States and Outlook (2022-2027)
1.4.3 Europe Market States and Outlook (2022-2027)
1.4.4 South Asia Market States and Outlook (2022-2027)
1.4.5 Southeast Asia Market States and Outlook (2022-2027)
1.4.6 Middle East Market States and Outlook (2022-2027)
1.4.7 Africa Market States and Outlook (2022-2027)
1.4.8 Oceania Market States and Outlook (2022-2027)
1.4.9 South America Market States and Outlook (2022-2027)
1.5 Global Bio-succinic Acid Market Size Analysis from 2022 to 2027
1.5.1 Global Bio-succinic Acid Market Size Analysis from 2022 to 2027 by Consumption Volume
1.5.2 Global Bio-succinic Acid Market Size Analysis from 2022 to 2027 by Value
1.5.3 Global Bio-succinic Acid Price Trends Analysis from 2022 to 2027
1.6 COVID-19 Outbreak: Bio-succinic Acid Industry Impact
Chapter 2 Global Bio-succinic Acid Competition by Types, Applications, and Top Regions and Countries
2.1 Global Bio-succinic Acid (Volume and Value) by Type
2.1.1 Global Bio-succinic Acid Consumption and Market Share by Type (2016-2021)
2.1.2 Global Bio-succinic Acid Revenue and Market Share by Type (2016-2021)
2.2 Global Bio-succinic Acid (Volume and Value) by Application
2.2.1 Global Bio-succinic Acid Consumption and Market Share by Application (2016-2021)
2.2.2 Global Bio-succinic Acid Revenue and Market Share by Application (2016-2021)
2.3 Global Bio-succinic Acid (Volume and Value) by Regions
2.3.1 Global Bio-succinic Acid Consumption and Market Share by Regions (2016-2021)
2.3.2 Global Bio-succinic Acid Revenue and Market Share by Regions (2016-2021)
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.1.1 2016-2021 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
3.1.2 2016-2021 Major Manufacturers Performance and Market Share
3.2 Regional Production Market Analysis
3.2.1 2016-2021 Regional Market Performance and Market Share
3.2.2 North America Market
3.2.3 East Asia Market
3.2.4 Europe Market
3.2.5 South Asia Market
3.2.6 Southeast Asia Market
3.2.7 Middle East Market
3.2.8 Africa Market
3.2.9 Oceania Market
3.2.10 South America Market
3.2.11 Rest of the World Market
Chapter 4 Global Bio-succinic Acid Sales, Consumption, Export, Import by Regions (2016-2021)
4.1 Global Bio-succinic Acid Consumption by Regions (2016-2021)
4.2 North America Bio-succinic Acid Sales, Consumption, Export, Import (2016-2021)
4.3 East Asia Bio-succinic Acid Sales, Consumption, Export, Import (2016-2021)
4.4 Europe Bio-succinic Acid Sales, Consumption, Export, Import (2016-2021)
4.5 South Asia Bio-succinic Acid Sales, Consumption, Export, Import (2016-2021)
4.6 Southeast Asia Bio-succinic Acid Sales, Consumption, Export, Import (2016-2021)
4.7 Middle East Bio-succinic Acid Sales, Consumption, Export, Import (2016-2021)
4.8 Africa Bio-succinic Acid Sales, Consumption, Export, Import (2016-2021)
4.9 Oceania Bio-succinic Acid Sales, Consumption, Export, Import (2016-2021)
4.10 South America Bio-succinic Acid Sales, Consumption, Export, Import (2016-2021)
Chapter 5 North America Bio-succinic Acid Market Analysis
5.1 North America Bio-succinic Acid Consumption and Value Analysis
5.1.1 North America Bio-succinic Acid Market Under COVID-19
5.2 North America Bio-succinic Acid Consumption Volume by Types
5.3 North America Bio-succinic Acid Consumption Structure by Application
5.4 North America Bio-succinic Acid Consumption by Top Countries
5.4.1 United States Bio-succinic Acid Consumption Volume from 2016 to 2021
5.4.2 Canada Bio-succinic Acid Consumption Volume from 2016 to 2021
5.4.3 Mexico Bio-succinic Acid Consumption Volume from 2016 to 2021
Chapter 6 East Asia Bio-succinic Acid Market Analysis
6.1 East Asia Bio-succinic Acid Consumption and Value Analysis
6.1.1 East Asia Bio-succinic Acid Market Under COVID-19
6.2 East Asia Bio-succinic Acid Consumption Volume by Types
6.3 East Asia Bio-succinic Acid Consumption Structure by Application
6.4 East Asia Bio-succinic Acid Consumption by Top Countries
6.4.1 China Bio-succinic Acid Consumption Volume from 2016 to 2021
6.4.2 Japan Bio-succinic Acid Consumption Volume from 2016 to 2021
6.4.3 South Korea Bio-succinic Acid Consumption Volume from 2016 to 2021
Chapter 7 Europe Bio-succinic Acid Market Analysis
7.1 Europe Bio-succinic Acid Consumption and Value Analysis
7.1.1 Europe Bio-succinic Acid Market Under COVID-19
7.2 Europe Bio-succinic Acid Consumption Volume by Types
7.3 Europe Bio-succinic Acid Consumption Structure by Application
7.4 Europe Bio-succinic Acid Consumption by Top Countries
7.4.1 Germany Bio-succinic Acid Consumption Volume from 2016 to 2021
7.4.2 UK Bio-succinic Acid Consumption Volume from 2016 to 2021
7.4.3 France Bio-succinic Acid Consumption Volume from 2016 to 2021
7.4.4 Italy Bio-succinic Acid Consumption Volume from 2016 to 2021
7.4.5 Russia Bio-succinic Acid Consumption Volume from 2016 to 2021
7.4.6 Spain Bio-succinic Acid Consumption Volume from 2016 to 2021
7.4.7 Netherlands Bio-succinic Acid Consumption Volume from 2016 to 2021
7.4.8 Switzerland Bio-succinic Acid Consumption Volume from 2016 to 2021
7.4.9 Poland Bio-succinic Acid Consumption Volume from 2016 to 2021
Chapter 8 South Asia Bio-succinic Acid Market Analysis
8.1 South Asia Bio-succinic Acid Consumption and Value Analysis
8.1.1 South Asia Bio-succinic Acid Market Under COVID-19
8.2 South Asia Bio-succinic Acid Consumption Volume by Types
8.3 South Asia Bio-succinic Acid Consumption Structure by Application
8.4 South Asia Bio-succinic Acid Consumption by Top Countries
8.4.1 India Bio-succinic Acid Consumption Volume from 2016 to 2021
8.4.2 Pakistan Bio-succinic Acid Consumption Volume from 2016 to 2021
8.4.3 Bangladesh Bio-succinic Acid Consumption Volume from 2016 to 2021
Chapter 9 Southeast Asia Bio-succinic Acid Market Analysis
9.1 Southeast Asia Bio-succinic Acid Consumption and Value Analysis
9.1.1 Southeast Asia Bio-succinic Acid Market Under COVID-19
9.2 Southeast Asia Bio-succinic Acid Consumption Volume by Types
9.3 Southeast Asia Bio-succinic Acid Consumption Structure by Application
9.4 Southeast Asia Bio-succinic Acid Consumption by Top Countries
9.4.1 Indonesia Bio-succinic Acid Consumption Volume from 2016 to 2021
9.4.2 Thailand Bio-succinic Acid Consumption Volume from 2016 to 2021
9.4.3 Singapore Bio-succinic Acid Consumption Volume from 2016 to 2021
9.4.4 Malaysia Bio-succinic Acid Consumption Volume from 2016 to 2021
9.4.5 Philippines Bio-succinic Acid Consumption Volume from 2016 to 2021
9.4.6 Vietnam Bio-succinic Acid Consumption Volume from 2016 to 2021
9.4.7 Myanmar Bio-succinic Acid Consumption Volume from 2016 to 2021
Chapter 10 Middle East Bio-succinic Acid Market Analysis
10.1 Middle East Bio-succinic Acid Consumption and Value Analysis
10.1.1 Middle East Bio-succinic Acid Market Under COVID-19
10.2 Middle East Bio-succinic Acid Consumption Volume by Types
10.3 Middle East Bio-succinic Acid Consumption Structure by Application
10.4 Middle East Bio-succinic Acid Consumption by Top Countries
10.4.1 Turkey Bio-succinic Acid Consumption Volume from 2016 to 2021
10.4.2 Saudi Arabia Bio-succinic Acid Consumption Volume from 2016 to 2021
10.4.3 Iran Bio-succinic Acid Consumption Volume from 2016 to 2021
10.4.4 United Arab Emirates Bio-succinic Acid Consumption Volume from 2016 to 2021
10.4.5 Israel Bio-succinic Acid Consumption Volume from 2016 to 2021
10.4.6 Iraq Bio-succinic Acid Consumption Volume from 2016 to 2021
10.4.7 Qatar Bio-succinic Acid Consumption Volume from 2016 to 2021
10.4.8 Kuwait Bio-succinic Acid Consumption Volume from 2016 to 2021
10.4.9 Oman Bio-succinic Acid Consumption Volume from 2016 to 2021
Chapter 11 Africa Bio-succinic Acid Market Analysis
11.1 Africa Bio-succinic Acid Consumption and Value Analysis
11.1.1 Africa Bio-succinic Acid Market Under COVID-19
11.2 Africa Bio-succinic Acid Consumption Volume by Types
11.3 Africa Bio-succinic Acid Consumption Structure by Application
11.4 Africa Bio-succinic Acid Consumption by Top Countries
11.4.1 Nigeria Bio-succinic Acid Consumption Volume from 2016 to 2021
11.4.2 South Africa Bio-succinic Acid Consumption Volume from 2016 to 2021
11.4.3 Egypt Bio-succinic Acid Consumption Volume from 2016 to 2021
11.4.4 Algeria Bio-succinic Acid Consumption Volume from 2016 to 2021
11.4.5 Morocco Bio-succinic Acid Consumption Volume from 2016 to 2021
Chapter 12 Oceania Bio-succinic Acid Market Analysis
12.1 Oceania Bio-succinic Acid Consumption and Value Analysis
12.2 Oceania Bio-succinic Acid Consumption Volume by Types
12.3 Oceania Bio-succinic Acid Consumption Structure by Application
12.4 Oceania Bio-succinic Acid Consumption by Top Countries
12.4.1 Australia Bio-succinic Acid Consumption Volume from 2016 to 2021
12.4.2 New Zealand Bio-succinic Acid Consumption Volume from 2016 to 2021
Chapter 13 South America Bio-succinic Acid Market Analysis
13.1 South America Bio-succinic Acid Consumption and Value Analysis
13.1.1 South America Bio-succinic Acid Market Under COVID-19
13.2 South America Bio-succinic Acid Consumption Volume by Types
13.3 South America Bio-succinic Acid Consumption Structure by Application
13.4 South America Bio-succinic Acid Consumption Volume by Major Countries
13.4.1 Brazil Bio-succinic Acid Consumption Volume from 2016 to 2021
13.4.2 Argentina Bio-succinic Acid Consumption Volume from 2016 to 2021
13.4.3 Columbia Bio-succinic Acid Consumption Volume from 2016 to 2021
13.4.4 Chile Bio-succinic Acid Consumption Volume from 2016 to 2021
13.4.5 Venezuela Bio-succinic Acid Consumption Volume from 2016 to 2021
13.4.6 Peru Bio-succinic Acid Consumption Volume from 2016 to 2021
13.4.7 Puerto Rico Bio-succinic Acid Consumption Volume from 2016 to 2021
13.4.8 Ecuador Bio-succinic Acid Consumption Volume from 2016 to 2021
Chapter 14 Company Profiles and Key Figures in Bio-succinic Acid Business
14.1 BASF
14.1.1 BASF Company Profile
14.1.2 BASF Bio-succinic Acid Product Specification
14.1.3 BASF Bio-succinic Acid Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.2 Mitsubishi Chemical
14.2.1 Mitsubishi Chemical Company Profile
14.2.2 Mitsubishi Chemical Bio-succinic Acid Product Specification
14.2.3 Mitsubishi Chemical Bio-succinic Acid Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.3 Mitsui
14.3.1 Mitsui Company Profile
14.3.2 Mitsui Bio-succinic Acid Product Specification
14.3.3 Mitsui Bio-succinic Acid Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.4 DSM
14.4.1 DSM Company Profile
14.4.2 DSM Bio-succinic Acid Product Specification
14.4.3 DSM Bio-succinic Acid Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.5 Myriant
14.5.1 Myriant Company Profile
14.5.2 Myriant Bio-succinic Acid Product Specification
14.5.3 Myriant Bio-succinic Acid Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.6 Reverdia
14.6.1 Reverdia Company Profile
14.6.2 Reverdia Bio-succinic Acid Product Specification
14.6.3 Reverdia Bio-succinic Acid Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.7 Corbion
14.7.1 Corbion Company Profile
14.7.2 Corbion Bio-succinic Acid Product Specification
14.7.3 Corbion Bio-succinic Acid Production Capacity, Revenue, Price and Gross Margin (2016-2021)
Chapter 15 Global Bio-succinic Acid Market Forecast (2022-2027)
15.1 Global Bio-succinic Acid Consumption Volume, Revenue and Price Forecast (2022-2027)
15.1.1 Global Bio-succinic Acid Consumption Volume and Growth Rate Forecast (2022-2027)
15.1.2 Global Bio-succinic Acid Value and Growth Rate Forecast (2022-2027)
15.2 Global Bio-succinic Acid Consumption Volume, Value and Growth Rate Forecast by Region (2022-2027)
15.2.1 Global Bio-succinic Acid Consumption Volume and Growth Rate Forecast by Regions (2022-2027)
15.2.2 Global Bio-succinic Acid Value and Growth Rate Forecast by Regions (2022-2027)
15.2.3 North America Bio-succinic Acid Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.4 East Asia Bio-succinic Acid Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.5 Europe Bio-succinic Acid Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.6 South Asia Bio-succinic Acid Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.7 Southeast Asia Bio-succinic Acid Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.8 Middle East Bio-succinic Acid Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.9 Africa Bio-succinic Acid Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.10 Oceania Bio-succinic Acid Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.11 South America Bio-succinic Acid Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.3 Global Bio-succinic Acid Consumption Volume, Revenue and Price Forecast by Type (2022-2027)
15.3.1 Global Bio-succinic Acid Consumption Forecast by Type (2022-2027)
15.3.2 Global Bio-succinic Acid Revenue Forecast by Type (2022-2027)
15.3.3 Global Bio-succinic Acid Price Forecast by Type (2022-2027)
15.4 Global Bio-succinic Acid Consumption Volume Forecast by Application (2022-2027)
15.5 Bio-succinic Acid Market Forecast Under COVID-19
Chapter 16 Conclusions
Research Methodology
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