Succinic Acid Market Share, Trend, Challenges, Segmentation & Forecast

Succinic acid is also known as butanedioic acid, 1,2-ethanedicarboxylic acid, and amber acid. Succinic acid is conventionally manufactured by the catalytic hydrogenation of maleic anhydride. It can also be manufactured using either petroleum feedstock or bio-based feedstock.

The diminishing supplies of oil and gas have forced manufacturers to look for alternative sources of manufacturing succinic acid. The bio-based method is the way toward manufacturing using sustainable and renewable resources

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Covered in this report 
The report covers the present scenario and the growth prospects of the global succinic acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Global Succinic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • BioAmber
  • KAWASAKI KASEI CHEMICALS
  • Myriant
  • Reverdia
  • Succinity

Other prominent vendors

  • Anhui Sunsing Chemicals
  • Anqing Hexing Chemical
  • Gadiv Petrochemical Industries
  • New Japan Chemical
  • Nippon Shokubai
  • Shandong Yuhuang Chemical
  • Thirumalai Chemicals

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Market driver

  • Increasing environmental concerns
  • For a full, detailed list, view our report

Market challenge

  • Volatile prices of raw materials
  • For a full, detailed list, view our report

Market trend

  • Rising demand for polybutylene succinate
  • For a full, detailed list, view our report

Key questions answered in this report

  1. What will the market size be in 2021 and what will the growth rate be?
  2. What are the key market trends?
  3. What is driving this market?
  4. What are the challenges to market growth?
  5. Who are the key vendors in this market space?
  6. What are the market opportunities and threats faced by the key vendors?
  7. What are the strengths and weaknesses of the key vendors?

About us
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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