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Global Succinic Acid Market Size study, by Type (Bio-Based and Petro-Based) by Application (Food and Beverage, Pharmaceutical, Industrial and Other) and Regional Forecasts 2021-2027

  • BIZ4599912
  • 200 Pages
  • July 2021
  • Materials and Chemicals
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Global Succinic Acid Market is valued approximately USD 146.2 million in 2020 and is anticipated to grow with a CAGR of approx. 6.8% over the forecast period 2021-2027. Succinic acid, also known as amber acid, is a key building block of a broad range of secondary chemicals utilized across various industries such as food & beverage, pharmaceutical, solvents & lubricants, polyurethane, and agriculture. The increasing demand arising from APAC, changing dietary pattern of consumers and increasing number of working women, and growing per-capita income across the globe are factors driving the market. However, high production costs make it difficult for emerging manufacturers to have access to technologies and skilled labour which impedes the growth of the market over the forecast period of 2021-2027. Also, with the increasing potential applications of succinic acid the market is likely to increase the growth during the forecast period.

The regional analysis of global Succinic Acid market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to the major contributors to the growth of the industrial, food & beverage, pharmaceutical, and coating industries in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as growth owing to the increasing per capita expenditure and growing urbanization in this region

Major market player included in this report are:

BASF SA

Myriant

Corbion

Mitsubishi Chemical Holdings

Succinity

Nippon Shokubai

Kawasaki Kasei Chemicals Ltd.

Linyi Lixing Chemical Co., Ltd.

Anhui Sunsing Chemicals

Gadiv Petrochemical Industries Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Bio-Based

Petro-Based

By Application:

Food & Beverage

Pharmaceutical

Industrial

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Succinic Acid Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)

1.2.1. Succinic Acid Market, by Region, 2019-2027 (USD Million)

1.2.2. Succinic Acid Market, by Type, 2019-2027 (USD Million)

1.2.3. Succinic Acid Market, by Application, 2019-2027 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Succinic Acid Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Succinic Acid Market Dynamics

3.1. Succinic Acid Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increasing demand from APAC

3.1.1.2. Changing dietary patterns, increasing number of working women,

and growing per-capita income across the globe

3.1.2. Market Challenges

3.1.2.1. Issues in commercialization of bio-based succinic acid

3.1.3. Market Opportunities

3.1.3.1. Increasing potential applications of succinic acid

Chapter 4. Global Succinic Acid Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Succinic Acid Market, by Type

5.1. Market Snapshot

5.2. Global Succinic Acid Market by Type, Performance - Potential Analysis

5.3. Global Succinic Acid Market Estimates & Forecasts by Type 2018-2027 (USD Million)

5.4. Succinic Acid Market, Sub Segment Analysis

5.4.1. Bio-Based

5.4.2. Petro-Based

Chapter 6. Global Succinic Acid Market, by Application

6.1. Market Snapshot

6.2. Global Succinic Acid Market by Application, Performance - Potential Analysis

6.3. Global Succinic Acid Market Estimates & Forecasts by Application 2018-2027 (USD Million)

6.4. Succinic Acid Market, Sub Segment Analysis

6.4.1. Food & Beverage

6.4.2. Pharmaceutical

6.4.3. Industrial

6.4.4. Others

Chapter 7. Global Succinic Acid Market, Regional Analysis

7.1. Succinic Acid Market, Regional Market Snapshot

7.2. North America Succinic Acid Market

7.2.1. U.S. Succinic Acid Market

7.2.1.1. Type breakdown estimates & forecasts, 2018-2027

7.2.1.2. Application breakdown estimates & forecasts, 2018-2027

7.2.2. Canada Succinic Acid Market

7.3. Europe Succinic Acid Market Snapshot

7.3.1. U.K. Succinic Acid Market

7.3.2. Germany Succinic Acid Market

7.3.3. France Succinic Acid Market

7.3.4. Spain Succinic Acid Market

7.3.5. Italy Succinic Acid Market

7.3.6. Rest of Europe Succinic Acid Market

7.4. Asia-Pacific Succinic Acid Market Snapshot

7.4.1. China Succinic Acid Market

7.4.2. India Succinic Acid Market

7.4.3. Japan Succinic Acid Market

7.4.4. Australia Succinic Acid Market

7.4.5. South Korea Succinic Acid Market

7.4.6. Rest of Asia Pacific Succinic Acid Market

7.5. Latin America Succinic Acid Market Snapshot

7.5.1. Brazil Succinic Acid Market

7.5.2. Mexico Succinic Acid Market

7.6. Rest of The World Succinic Acid Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. BASF SA

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Myriant

8.2.3. Corbion

8.2.4. Mitsubishi Chemical Holdings

8.2.5. Succinity

8.2.6. Nippon Shokubai

8.2.7. Kawasaki Kasei Chemicals Ltd.

8.2.8. Linyi Lixing Chemical Co., Ltd.

8.2.9. Anhui Sunsing Chemicals

8.2.10. Gadiv Petrochemical Industries Ltd.

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Succinic Acid market, report scope

TABLE 2. Global Succinic Acid market estimates & forecasts by Region 2018-2027 (USD Million)

TABLE 3. Global Succinic Acid market estimates & forecasts by Type 2018-2027 (USD Million)

TABLE 4. Global Succinic Acid market estimates & forecasts by Application 2018-2027 (USD Million)

TABLE 5. Global Succinic Acid market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 6. Global Succinic Acid market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 7. Global Succinic Acid market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 8. Global Succinic Acid market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 9. Global Succinic Acid market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 10. Global Succinic Acid market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 11. Global Succinic Acid market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 12. Global Succinic Acid market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 13. Global Succinic Acid market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 14. Global Succinic Acid market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 15. U.S. Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 16. U.S. Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 17. U.S. Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 18. Canada Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 19. Canada Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 20. Canada Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 21. UK Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 22. UK Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 23. UK Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 24. Germany Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 25. Germany Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 26. Germany Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 27. RoE Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 28. RoE Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 29. RoE Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 30. China Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 31. China Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 32. China Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 33. India Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 34. India Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 35. India Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 36. Japan Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 37. Japan Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 38. Japan Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 39. RoAPAC Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 40. RoAPAC Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 41. RoAPAC Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 42. Brazil Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 43. Brazil Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 44. Brazil Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 45. Mexico Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 46. Mexico Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 47. Mexico Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 48. RoLA Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 49. RoLA Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 50. RoLA Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 51. Row Succinic Acid market estimates & forecasts, 2018-2027 (USD Million)

TABLE 52. Row Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 53. Row Succinic Acid market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 54. List of secondary sources, used in the study of global Succinic Acid market

TABLE 55. List of primary sources, used in the study of global Succinic Acid market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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