In terms of market side, this report researches the Succinic Acid revenue, growth rate, market share by manufacturers, by type, by application and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
The global Succinic Acid market size in 2022 is 244.71 million US dollars, and it is expected to be 467.84 million US dollars by 2029, with a compound annual growth rate of 9.70% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Succinic Acid market include BASF SE, Myriant Corporation, BioAmber, Parchem, and Dow Chemicals. The share of the top 3 players in the Succinic Acid market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, in which North America accounted for XX%, Europe accounted for XX% of Succinic Acid market, and Asia Pacific accounted for XX%.
SEGMENT OVERVIEW:
The report segments the market by Type and Application. Petro-based accounted for XX% of Succinic Acid market in 2022. Bio-based share of XX%.
Food & Beverages accounted for XX% of the Succinic Acid market in 2022. Pharmaceutical accounts for XX%.
Report Includes:
This report presents an overview of global market for Succinic Acid. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key players of Succinic Acid, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Succinic Acid, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Succinic Acid market share and industry ranking of main players, data from 2018 to 2023. Identification of the major stakeholders in the global Succinic Acid market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, from 2018 to 2029. Evaluation and forecast the market size for Succinic Acid sales, projected growth trends, technology, application and end-user industry.
Growing Demand in Multiple Industries: Succinic acid finds application in a wide range of industries, including chemicals, pharmaceuticals, food and beverages, and polymers. The increasing demand for eco-friendly and bio-based products has driven the adoption of succinic acid as a substitute for petroleum-based chemicals. Additionally, succinic acid”s use as a precursor in the production of biodegradable polymers, such as PBS (polybutylene succinate) and PBAT (polybutylene adipate terephthalate), has further boosted its demand.
Environmental Regulations and Sustainability Initiatives: Environmental concerns and stringent regulations on the use of fossil-based chemicals have prompted industries to seek sustainable alternatives. Succinic acid, derived from renewable resources like biomass, offers a greener option. The implementation of regulations favoring bio-based products and sustainability initiatives by governments and organizations has created a favorable market for succinic acid.
Research and Development: Ongoing research and development activities in the field of succinic acid production technologies and its applications have contributed to market growth. Advancements in biotechnological processes, such as bio-based fermentation, have improved succinic acid production efficiency, reducing costs and increasing scalability. R&D efforts focused on exploring new applications and expanding its market potential are likely to further drive the market growth.
Availability and Cost of Raw Materials: Succinic acid can be produced from various feedstocks, including glucose, corn, wheat, and lignocellulosic biomass. The availability and cost of these raw materials play a significant role in shaping the succinic acid market. Fluctuations in agricultural commodity prices, weather conditions affecting crop yields, and competition for feedstocks from other industries (e.g., biofuels) can influence the cost and availability of raw materials, thereby impacting succinic acid production and pricing.
Competitive Landscape: The succinic acid market has witnessed the entry of several players, including both established chemical companies and startups, leading to increased competition. This competition has driven innovation, technological advancements, and improved production processes, contributing to the overall market growth. The establishment of strategic partnerships, collaborations, and mergers and acquisitions within the industry have also influenced market dynamics.
The Following is the Scope of Analysis Mainly Covered by Our Research on the Global {XX} Market:
Highlights-Regions
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Nordic
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
South America
Brazil
Argentina
MEA
Saudi Arabia
Egypt
Turkey
UAE
South Africa
Player list
BASF SE
Myriant Corporation
BioAmber
Parchem
Dow Chemicals
Ernesto Ventos S.A.
The Chemical Company
Kawasaki Kasei Chemicals Ltd.
Mitsubishi Chemical Corporation
Types list
Petro-based
Bio-based
Application list
Food & Beverages
Pharmaceutical
Coatings
Industrial
Personal Care & Cosmetics
Others
Table of Content
1 Market Overview
1.1 Succinic Acid Introduction
1.2 Market Analysis by Types
1.3 Market Analysis by Applications
1.4 Global Succinic Acid Market Size & Forecast
1.4.1 Global Succinic Acid Revenue in Value (2018-2029)
1.4.2 Global Succinic Acid Sales in Volume (2018-2029)
1.4.3 Global Succinic Acid Price (2018-2029)
1.5 Market Drivers, Restraints and Trends
1.5.1 Succinic Acid Market Drivers
1.5.2 Succinic Acid Market Restraints
1.5.3 Succinic Acid Trends Analysis
1.6 Economic Analysis of Global Regions
1.7 Inflation Analysis
1.8 The Impact of the Russian-Ukrainian War on the Market
1.9 Coronavirus Disease 2020 (COVID-19) Impact on Global
2 Manufacturers Profiles
2.1 BASF SE
2.1.1 Business Overview
2.1.2 BASF SE SWOT Analysis
2.1.3 BASF SE Succinic Acid Products and Service Offered
2.1.4 BASF SE Succinic Acid Sales, Price, Revenue and Gross Margin
2.2 Myriant Corporation
2.2.1 Business Overview
2.2.2 Myriant Corporation SWOT Analysis
2.2.3 Myriant Corporation Succinic Acid Products and Service Offered
2.2.4 Myriant Corporation Succinic Acid Sales, Price, Revenue and Gross Margin
2.3 BioAmber
2.3.1 Business Overview
2.3.2 BioAmber SWOT Analysis
2.3.3 BioAmber Succinic Acid Products and Service Offered
2.3.4 BioAmber Succinic Acid Sales, Price, Revenue and Gross Margin
2.4 Parchem
2.4.1 Business Overview
2.4.2 Parchem SWOT Analysis
2.4.3 Parchem Succinic Acid Products and Service Offered
2.4.4 Parchem Succinic Acid Sales, Price, Revenue and Gross Margin
2.5 Dow Chemicals
2.5.1 Business Overview
2.5.2 Dow Chemicals SWOT Analysis
2.5.3 Dow Chemicals Succinic Acid Products and Service Offered
2.5.4 Dow Chemicals Succinic Acid Sales, Price, Revenue and Gross Margin
2.6 Ernesto Ventos S.A.
2.6.1 Business Overview
2.6.2 Ernesto Ventos S.A. SWOT Analysis
2.6.3 Ernesto Ventos S.A. Succinic Acid Products and Service Offered
2.6.4 Ernesto Ventos S.A. Succinic Acid Sales, Price, Revenue and Gross Margin
2.7 The Chemical Company
2.7.1 Business Overview
2.7.2 The Chemical Company SWOT Analysis
2.7.3 The Chemical Company Succinic Acid Products and Service Offered
2.7.4 The Chemical Company Succinic Acid Sales, Price, Revenue and Gross Margin
2.8 Kawasaki Kasei Chemicals Ltd.
2.8.1 Business Overview
2.8.2 Kawasaki Kasei Chemicals Ltd. SWOT Analysis
2.8.3 Kawasaki Kasei Chemicals Ltd. Succinic Acid Products and Service Offered
2.8.4 Kawasaki Kasei Chemicals Ltd. Succinic Acid Sales, Price, Revenue and Gross Margin
2.9 Mitsubishi Chemical Corporation
2.9.1 Business Overview
2.9.2 Mitsubishi Chemical Corporation SWOT Analysis
2.9.3 Mitsubishi Chemical Corporation Succinic Acid Products and Service Offered
2.9.4 Mitsubishi Chemical Corporation Succinic Acid Sales, Price, Revenue and Gross Margin
3 Global Succinic Acid Market Competition, by Manufacturer
3.1 Global Succinic Acid Revenue and Market Share by Manufacturer
3.2 Market Concentration Rate
3.2.1 Top 3 Succinic Acid Players Market Share in 2022
3.2.2 Top 6 Succinic Acid Players Market Share in 2022
3.2.3 Market Competition Trend
3.3 Succinic Acid Players Head Office, Business Provided
3.4 Succinic Acid Mergers & Acquisitions
3.5 Succinic Acid New Entrants and Expansion Plans
4 Market Segment by Type
4.1 Global Succinic Acid Revenue in Value by Type (2018-2029)
4.2 Global Succinic Acid Sales in Volume by Type (2018-2029)
4.3 Global Succinic Acid Revenue in Price by Type (2018-2029)
5 Market Segment by Application
5.1 Global Succinic Acid Sales in Volume by Application (2018-2029)
5.2 Global Succinic Acid Revenue by Application (2018-2029)
5.3 Global Succinic Acid Price by Applications (2018-2029)
6 Global Succinic Acid Market Analysis by Regions
6.1 Global Succinic Acid Sales, Revenue and Market Share by Regions
6.1.1 Global Succinic Acid Revenue by Regions (2018-2029)
6.1.2 Global Succinic Acid Sales Volume by Regions (2018-2029)
6.2 North America Succinic Acid Revenue and Growth (2018-2029)
6.3 Europe Succinic Acid Revenue and Growth (2018-2029)
6.4 Asia Pacific Succinic Acid Revenue and Growth (2018-2029)
6.5 South America Succinic Acid Revenue and Growth (2018-2029)
6.6 Middle East and Africa Succinic Acid Revenue and Growth (2018-2029)
7 North America Succinic Acid by Country, by Type, and by Application
7.1 North America Succinic Acid Revenue by Type (2018-2029)
7.2 North America Succinic Acid Revenue by Application (2018-2029)
7.3 North America Succinic Acid Revenue, Sales and Market Share by Countries
7.3.1 North America Succinic Acid Revenue in Value by Country (2018-2029)
7.3.2 North America Succinic Acid Sales by Country (2018-2029)
7.3.3 United States Succinic Acid Revenue and Growth (2018-2029)
7.3.4 Canada Succinic Acid Revenue and Growth (2018-2029)
7.3.5 Mexico Succinic Acid Revenue and Growth (2018-2029)
7.4 North America SWOT Analysis
8 Europe Succinic Acid by Country, by Type, and by Application
8.1 Europe Succinic Acid Revenue by Type (2018-2029)
8.2 Europe Succinic Acid Revenue by Application (2018-2029)
8.3 Europe Succinic Acid Revenue, Sales and Market Share by Countries
8.3.1 Europe Succinic Acid Revenue in Value by Country (2018-2029)
8.3.2 Europe Succinic Acid Sales by Country (2018-2029)
8.3.3 Germany Succinic Acid Revenue and Growth (2018-2029)
8.3.4 France Succinic Acid Revenue and Growth (2018-2029)
8.3.5 United Kingdom Succinic Acid Revenue and Growth (2018-2029)
8.3.6 Russia Succinic Acid Revenue and Growth (2018-2029)
8.3.7 Italy Succinic Acid Revenue and Growth (2018-2029)
8.3.8 Nordic Succinic Acid Revenue and Growth (2018-2029)
8.4 Europe SWOT Analysis
9 Asia Pacific Succinic Acid by Country, by Type, and by Application
9.1 Asia Pacific Succinic Acid Revenue by Type (2018-2029)
9.2 Asia Pacific Succinic Acid Revenue by Application (2018-2029)
9.3 Asia Pacific Succinic Acid Revenue, Sales and Market Share by Countries
9.3.1 Asia Pacific Succinic Acid Revenue in Value by Country (2018-2029)
9.3.2 Asia Pacific Succinic Acid Sales by Country (2018-2029)
9.3.3 China Succinic Acid Revenue and Growth (2018-2029)
9.3.4 Japan Succinic Acid Revenue and Growth (2018-2029)
9.3.5 Korea Succinic Acid Revenue and Growth (2018-2029)
9.3.6 India Succinic Acid Revenue and Growth (2018-2029)
9.3.7 Southeast Asia Succinic Acid Revenue and Growth (2018-2029)
9.3.8 Australia Succinic Acid Revenue and Growth (2018-2029)
9.4 Asia Pacific SWOT Analysis
10 South America Succinic Acid by Country, by Type, and by Application
10.1 South America Succinic Acid Revenue by Type (2018-2029)
10.2 South America Succinic Acid Revenue by Application (2018-2029)
10.3 South America Succinic Acid Revenue, Sales and Market Share by Countries
10.3.1 South America Succinic Acid Revenue in Value by Country (2018-2029)
10.3.2 South America Succinic Acid Sales by Country (2018-2029)
10.3.3 Brazil Succinic Acid Revenue and Growth (2018-2029)
10.3.4 Argentina Succinic Acid Revenue and Growth (2018-2029)
10.4 South America SWOT Analysis
11 Middle East & Africa Succinic Acid by Country, by Type, and by Application
11.1 Middle East & Africa Succinic Acid Revenue by Type (2018-2029)
11.2 Middle East & Africa Succinic Acid Revenue by Application (2018-2029)
11.3 Middle East & Africa Succinic Acid Revenue, Sales and Market Share by Countries
11.3.1 Middle East & Africa Succinic Acid Revenue in Value by Country (2018-2029)
11.3.2 Middle East & Africa Succinic Acid Sales by Country (2018-2029)
11.3.3 Turkey Succinic Acid Revenue and Growth (2018-2029)
11.3.4 Egypt Succinic Acid Revenue and Growth (2018-2029)
11.3.5 Saudi Arabia Succinic Acid Revenue and Growth (2018-2029)
11.3.6 UAE Succinic Acid Revenue and Growth (2018-2029)
11.3.7 South Africa Succinic Acid Revenue and Growth (2018-2029)
11.4 Middle East and Africa SWOT Analysis
12 Marketing Channel, Distributors, Traders and Dealers
12.1 Marketing Channel Status
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.2 Succinic Acid Typical Distributors
12.3 Succinic Acid Typical Customers
12.4 Consumer Behavior Analysis
13 Succinic Acid Manufacturing Cost Analysis
13.1 Succinic Acid Key Raw Materials Analysis
13.1.1 Key Raw Materials
13.1.2 Price Trend of Key Raw Materials
13.1.3 Key Suppliers of Raw Materials
13.2 Proportion of Manufacturing Cost Structure
13.2.1 Raw Materials
13.2.2 Labor Cost
13.2.3 Manufacturing Expenses
13.3 Manufacturing Process Analysis of Succinic Acid
13.4 Succinic Acid Industrial Chain Analysis
14 Research Findings and Conclusion
15 Methodology and Data Source
15.1 A Methodology
15.1.1 Research Process
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 B Data Source
15.2.1 Legal Disclaimer
List of Tables and Figures
Figure Succinic Acid Picture
Table Product Specifications of Succinic Acid
Figure Global Revenue Market Share of Succinic Acid by Types in 2022
Table Types of Succinic Acid
Figure Succinic Acid Market Share by Applications in 2022
Table Application of Succinic Acid
Figure Global Succinic Acid Revenue in Value (2018-2029)
Figure Global Succinic Acid Sales in Volume (2018-2029)
Table Global Succinic Acid Price (2018-2029)
Table Economic Analysis of Global Regions
Table Inflation Analysis
Table The Impact of the Russian-Ukrainian War on the Market
Figure 2020 (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table BASF SE Details
Table SWOT Analysis
Table BASF SE Succinic Acid Sales, Price, Revenue and Gross Margin (2018-2023)
Figure BASF SE Revenue Market Share 2018-2023
Table Myriant Corporation Details
Table SWOT Analysis
Table Myriant Corporation Succinic Acid Sales, Price, Revenue and Gross Margin (2018-2023)
Figure Myriant Corporation Revenue Market Share 2018-2023
Table BioAmber Details
Table SWOT Analysis
Table BioAmber Succinic Acid Sales, Price, Revenue and Gross Margin (2018-2023)
Figure BioAmber Revenue Market Share 2018-2023
Table Parchem Details
Table SWOT Analysis
Table Parchem Succinic Acid Sales, Price, Revenue and Gross Margin (2018-2023)
Figure Parchem Revenue Market Share 2018-2023
Table Dow Chemicals Details
Table SWOT Analysis
Table Dow Chemicals Succinic Acid Sales, Price, Revenue and Gross Margin (2018-2023)
Figure Dow Chemicals Revenue Market Share 2018-2023
Table Ernesto Ventos S.A. Details
Table SWOT Analysis
Table Ernesto Ventos S.A. Succinic Acid Sales, Price, Revenue and Gross Margin (2018-2023)
Figure Ernesto Ventos S.A. Revenue Market Share 2018-2023
Table The Chemical Company Details
Table SWOT Analysis
Table The Chemical Company Succinic Acid Sales, Price, Revenue and Gross Margin (2018-2023)
Figure The Chemical Company Revenue Market Share 2018-2023
Table Kawasaki Kasei Chemicals Ltd. Details
Table SWOT Analysis
Table Kawasaki Kasei Chemicals Ltd. Succinic Acid Sales, Price, Revenue and Gross Margin (2018-2023)
Figure Kawasaki Kasei Chemicals Ltd. Revenue Market Share 2018-2023
Table Mitsubishi Chemical Corporation Details
Table SWOT Analysis
Table Mitsubishi Chemical Corporation Succinic Acid Sales, Price, Revenue and Gross Margin (2018-2023)
Figure Mitsubishi Chemical Corporation Revenue Market Share 2018-2023
Table Global Succinic Acid Revenue by Manufacturer (2018-2023)
Figure Global Succinic Acid Revenue Market Share by Manufacturer in 2022
Figure Global Top 3 Companies Revenue Share in 2022
Figure Global Top 6 Companies Revenue Share in 2022
Table Global Succinic Acid Manufacturers Market Concentration Ratio (CR5) (2018-2023)
Table Succinic Acid Players Head Office, Business Provided
Table Mergers & Acquisitions
Table New Entrants and Expansion Plans
Table Global Succinic Acid Revenue in Value by Type (2018-2029)
Table Global Succinic Acid Revenue Share by Type (2018-2029)
Table Global Succinic Acid Sales in Volume by Type (2018-2029)
Table Global Succinic Acid Sales Share by Type (2018-2029)
Table Global Succinic Acid Revenue in Price by Type (2018-2029)
Table Global Succinic Acid Sales in Volume by Application (2018-2029)
Table Global Succinic Acid Sales Share by Application (2018-2029)
Table Global Succinic Acid Revenue by Application (2018-2029)
Table Global Succinic Acid Revenue Share by Application (2018-2029)
Table Global Succinic Acid Price by Applications (2018-2029)
Figure Global Succinic Acid Sales in Volume and Growth (2018-2029)
Figure Global Succinic Acid Revenue and Growth (2018-2029)
Table Global Succinic Acid Revenue by Regions (2018-2029)
Table Global Succinic Acid Revenue Market Share by Regions (2018-2029)
Table Global Succinic Acid Sales Volume by Regions (2018-2029)
Table Global Succinic Acid Sales Volume Market Share by Regions (2018-2029)
Figure North America Succinic Acid Revenue and Growth (2018-2029)
Figure Europe Succinic Acid Revenue and Growth (2018-2029)
Figure Asia Pacific Succinic Acid Revenue and Growth (2018-2029)
Figure South America Succinic Acid Revenue and Growth (2018-2029)
Figure Middle East and Africa Succinic Acid Revenue and Growth (2018-2029)
Table North America Succinic Acid Revenue by Type (2018-2029)
Table North America Succinic Acid Revenue by Application (2018-2029)
Table North America Succinic Acid Revenue by Countries (2018-2029)
Table North America Succinic Acid Revenue Market Share by Countries (2018-2029)
Table North America Succinic Acid Sales in Volume by Countries (2018-2029)
Table North America Succinic Acid Sales Market Share by Countries (2018-2029)
Figure United States Succinic Acid Revenue and Growth (2018-2029)
Figure Canada Succinic Acid Revenue and Growth (2018-2029)
Figure Mexico Succinic Acid Revenue and Growth (2018-2029)
Table SWOT Analysis
Table Europe Succinic Acid Revenue by Type (2018-2029)
Table Europe Succinic Acid Revenue by Application (2018-2029)
Table Europe Succinic Acid Revenue by Countries (2018-2029)
Table Europe Succinic Acid Revenue Market Share by Countries (2018-2029)
Table Europe Succinic Acid Sales in Volume by Countries (2018-2029)
Table Europe Succinic Acid Sales Market Share by Countries (2018-2029)
Figure Germany Succinic Acid Revenue and Growth (2018-2029)
Figure France Succinic Acid Revenue and Growth (2018-2029)
Figure United Kingdom Succinic Acid Revenue and Growth (2018-2029)
Figure Russia Succinic Acid Revenue and Growth (2018-2029)
Figure Italy Succinic Acid Revenue and Growth (2018-2029)
Figure Nordic Succinic Acid Revenue and Growth (2018-2029)
Table SWOT Analysis
Table Asia Pacific Succinic Acid Revenue by Type (2018-2029)
Table Asia Pacific Succinic Acid Revenue by Application (2018-2029)
Table Asia Pacific Succinic Acid Revenue by Countries (2018-2029)
Table Asia Pacific Succinic Acid Revenue Market Share by Countries (2018-2029)
Table Asia Pacific Succinic Acid Sales in Volume by Countries (2018-2029)
Table Asia Pacific Succinic Acid Sales Market Share by Countries (2018-2029)
Figure China Succinic Acid Revenue and Growth (2018-2029)
Figure Japan Succinic Acid Revenue and Growth (2018-2029)
Figure Korea Succinic Acid Revenue and Growth (2018-2029)
Figure India Succinic Acid Revenue and Growth (2018-2029)
Figure Southeast Asia Succinic Acid Revenue and Growth (2018-2029)
Figure Australia Succinic Acid Revenue and Growth (2018-2029)
Table SWOT Analysis
Table South America Succinic Acid Revenue by Type (2018-2029)
Table South America Succinic Acid Revenue by Application (2018-2029)
Table South America Succinic Acid Revenue by Countries (2018-2029)
Table South America Succinic Acid Revenue Market Share by Countries (2018-2029)
Table South America Succinic Acid Sales in Volume by Countries (2018-2029)
Table South America Succinic Acid Sales Market Share by Countries (2018-2029)
Figure Brazil Succinic Acid Revenue and Growth (2018-2029)
Figure Argentina Succinic Acid Revenue and Growth (2018-2029)
Table SWOT Analysis
Table Middle East & Africa Succinic Acid Revenue by Type (2018-2029)
Table Middle East & Africa Succinic Acid Revenue by Application (2018-2029)
Table Middle East & Africa Succinic Acid Revenue by Countries (2018-2029)
Table Middle East & Africa Succinic Acid Revenue Market Share by Countries (2018-2029)
Table Middle East & Africa Succinic Acid Sales in Volume by Countries (2018-2029)
Table Middle East & Africa Succinic Acid Sales Market Share by Countries (2018-2029)
Figure Turkey Succinic Acid Revenue and Growth (2018-2029)
Figure Egypt Succinic Acid Revenue and Growth (2018-2029)
Figure Saudi Arabia Succinic Acid Revenue and Growth (2018-2029)
Figure UAE Succinic Acid Revenue and Growth (2018-2029)
Figure South Africa Succinic Acid Revenue and Growth (2018-2029)
Table SWOT Analysis
Table Distributors of Succinic Acid with Contact Information
Table Major Customers of Succinic Acid with Contact Information
Table Consumer Behavior Analysis
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Table Raw Materials Analysis
Table Labor Cost Analysis
Table Manufacturing Expenses Analysis
Table Manufacturing Process Analysis of Succinic AcidAnalysis
Figure Succinic Acid Industrial Chain Analysis
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report