Succinic Acid Market 2019-2024: Trends, Forecast, and Opportunity Analysis

Publisher: Lucintel
Publication Date: May, 2020
Chemical / Plastics / Resins
Pages: 150+
Delivery Format: PDF

Trends, opportunities and forecast in the global succinic acid market to 2024 by product type (bio-based and petro-based), application (polyurethane, resins, coatings & pigments, pharmaceuticals, plasticizers, food & beverages, PBS/PBT, solvents & lubricants, de-icer solutions, personal care, and others), end use industry (industrial, food & beverage, coatings, and pharmaceutical), and region (North America, Europe, Asia Pacific, and the Rest of the World)

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The future of the succinic acid market looks promising with opportunities in the industrial, food & beverage, coating, and pharmaceutical industries. The global succinic acid market is expected t

o grow with a CAGR of 28% from 2019 to 2024. The major growth drivers for this market are growing awareness of bio-based renewable substitutes, stringent government regulations, and increasing use of succinic acid as a substitute of adipic acid in polyurethane production.

A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of succinic acid market report download the report brochure.

Succinic Acid Market Share Analysis of Major Manufacturers

The study includes the succinic acid market size and forecast for the global succinic acid market through 2024, segmented by product type, application, end use industry, and region as follows:

By Product Type [$M shipment analysis for 2013 – 2024]:

Bio-based
Petro-based

By Application [$M shipment analysis for 2013 – 2024]:

Polyurethane
Resins
Coatings & Pigments
Pharmaceuticals
Plasticizers
Food & Beverage
PBS/PBST
Solvents & Lubricants
De-Icer Solutions
Personal Care
Others

By End Use Industry [$M shipment analysis for 2013 – 2024]:

Industrial
Food & beverage
Coatings
Pharmaceutical

By Region [$M shipment analysis for 2013 – 2024]:

North America
- US
- Canada
- Mexico
Europe
- Germany
- Spain
- France
- United Kingdom
- Russia
Asia Pacific
- China
- Japan
- India
- South Korea
- Thailand
The Rest of the World

Some of the succinic acid companies profiled in this report include Bioamber, Myriant Corporation, Kawasaki Kasei Chemicals Ltd., Linyi Lixing Chemical Co., Ltd., Anhui Sunsing Chemicals Co., Ltd., Mitsubishi Chemical Holdings Corporation, Succinity GmbH, Nippon Shokubai Co. Ltd, Gadiv Petrochemical Industries Ltd., and Reverdia, and others

Some of the features of "Global Succinic Acid Market 2019-2024: Trends, Forecast, and Opportunity Analysis" include

Market size estimates: Global succinic acid market size estimation in terms of value ($M) shipment.
Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by application, and end use industry
Segmentation analysis: Global market size by product type, application, end use industry, and region
Regional analysis: Global succinic acid market breakdown by North America, Europe, Asia Pacific, and the Rest of the World
Growth opportunities: Analysis on growth opportunities in different applications and regions for succinic acid in the global succinic acid market.
Strategic analysis: This includes M&A, new product development, and competitive landscape for, succinic acid in the global succinic acid market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1What are some of the most promising potential, high-growth opportunities for the global succinic acid market by product type (bio-based and petro-based), application (polyurethane, resins, coatings & pigments, pharmaceuticals, plasticizers, food & beverage, PBS/PBT, solvents & lubricants, de-icer solutions, personal care, and others), end use industry (industrial, food & beverage, coatings, and pharmaceutical), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the succinic acid market?
Q.5 What are the business risks and threats to the succinic acid market?
Q.6 What are emerging trends in this succinic acid market and the reasons behind them?
Q.7 What are some changing demands of customers in the succinic acid market?
Q.8 What are the new developments in the succinic acid market? Which companies are leading these developments?
Q.9 Who are the major players in this succinic acid market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this succinic acid area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, succinic acid market?

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Succinic Acid Market 2019-2024: Trends, Forecast, and Opportunity Analysis

The future of the succinic acid market looks promising with opportunities in the industrial, food & beverage, coating, and pharmaceutical industries. The global succinic acid market is expected t

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