Global Bio-succinic Acid market 2018 – 2023 report provides in-depth unique Insights with Manufacturers, Suppliers, Distributors, traders, Size, Share, Growth, Trends, Customers, Investors and major Types as well as Applications and Forecast period. The report provides a unique tool for evaluating the Overall Market, underlining opportunities, and supporting strategic and tactical decision-making.
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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.In North America, factors such as volatility in prices of C4 petroleum-based feedstock have driven development of bio-based chemicals such as bio-based succinic acid. Several industries in the region have commenced commercializing the production of bio-based succinic acid via fermentation of sugars. Numerous large-scale production facilities of bio-based succinic acid have been erected in the region, which in turn are proliferating their demand and supply among end-users. North America is anticipated to become the largest market for bio-based succinic acid by 2026-end.
Over the next five years, projects that Bio-succinic Acid will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
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1 Scope of the Report 1.1 Market Introduction 1.2 Research Objectives 1.3 Years Considered 1.4 Market Research Methodology 1.5 Economic Indicators 1.6 Currency Considered
2 Executive Summary 2.1 World Market Overview 2.1.1 Global Bio-succinic Acid Consumption 2013-2023 2.1.2 Bio-succinic Acid Consumption CAGR by Region 2.2 Bio-succinic Acid Segment by Type 2.3 Bio-succinic Acid Consumption by Type 2.3.1 Global Bio-succinic Acid Consumption Market Share by Type (2013-2018) 2.3.2 Global Bio-succinic Acid Revenue and Market Share by Type (2013-2018) 2.3.3 Global Bio-succinic Acid Sale Price by Type (2013-2018) 2.4 Bio-succinic Acid Consumption by Application 2.4.1 Global Bio-succinic Acid Consumption Market Share by Application (2013-2018) 2.4.2 Global Bio-succinic Acid Value and Market Share by Application (2013-2018) 2.4.3 Global Bio-succinic Acid Sale Price by Application (2013-2018)
3 Global Bio-succinic Acid by Players 3.1 Global Bio-succinic Acid Sales Market Share by Players 3.1.1 Global Bio-succinic Acid Sales by Players (2016-2018) 3.1.2 Global Bio-succinic Acid Sales Market Share by Players (2016-2018) 3.2 Global Bio-succinic Acid Revenue Market Share by Players 3.2.1 Global Bio-succinic Acid Revenue by Players (2016-2018) 3.2.2 Global Bio-succinic Acid Revenue Market Share by Players (2016-2018) 3.3 Global Bio-succinic Acid Sale Price by Players 3.4 Global Bio-succinic Acid Manufacturing Base Distribution, Sales Area, Product Types by Players 3.4.1 Global Bio-succinic Acid Manufacturing Base Distribution and Sales Area by Players
4 Bio-succinic Acid by Regions 4.1 Bio-succinic Acid by Regions 4.1.1 Global Bio-succinic Acid Consumption by Regions 4.1.2 Global Bio-succinic Acid Value by Regions 4.2 Americas Bio-succinic Acid Consumption Growth 4.3 APAC Bio-succinic Acid Consumption Growth 4.4 Europe Bio-succinic Acid Consumption Growth 4.5 Middle East & Africa Bio-succinic Acid Consumption Growth
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In the end, Bio-succinic Acid market report undertakes the new project, key development areas, business overview, product specification, SWOT analysis, investment feasibility analysis, return analysis, and development trends. The study also presents a round-up of exposures which companies operating in the market and must be avoided in order to enjoy bearable growth through the course of the forecast period.
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