Table of Content
1. Executive Summary
2. Introduction
2.1 Bio-Succinic Acid: An Overview
2.1.1 Introduction to Bio-Succinic Acid
2.1.2 Key Benefits of Using Bio-Succinic Acid over Traditional Succinic Acid
2.2 Bio-Succinic Acid Segmentation: An Overview
2.2.1 Bio-Succinic Acid Segmentation
3. Global Market Analysis
3.1 Global Bio-Succinic Acid Market: An Analysis
3.1.1 Global Bio-Succinic Acid Market: An Overview
3.1.2 Global Bio-Succinic Acid Market by Value
3.1.3 Global Bio-Succinic Acid Market by Process Type (Ammonium Sulphate Process, Direct Crystallization Process, and Electrodialysis Process)
3.1.4 Global Bio-Succinic Acid Market by Application (1, 4-Butanediol, Polyester Polyols, Plasticizers, Polybutylene Succinate, Solvents & Coatings, and Others)
3.1.5 Global Bio-Succinic Acid Market by End-User (Industrial, Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics and Others)
3.1.6 Global Bio-Succinic Acid Market by Region (Europe, North America, Asia Pacific, and rest of the World)
3.2 Global Bio-Succinic Acid Market: Process Type Analysis
3.2.1 Global Bio-Succinic Acid Market by Process Type: An Overview
3.2.2 Global Ammonium Sulphate Process Bio-Succinic Acid Market by Value
3.2.3 Global Direct Crystallization Process Bio-Succinic Acid Market by Value
3.2.4 Global Electrodialysis Process Bio-Succinic Acid Market by Value
3.3 Global Bio-Succinic Acid Market: Application Analysis
3.3.1 Global Bio-Succinic Acid Market by Application: An Overview
3.3.2 Global 1, 4-Butanediol Bio-Succinic Acid Market by Value
3.3.3 Global Polyester Polyols Bio-Succinic Acid Market by Value
3.3.4 Global Plasticizers Bio-Succinic Acid Market by Value
3.3.5 Global Polybutylene Succinate Bio-Succinic Acid Market by Value
3.3.6 Global Solvents & Coatings Bio-Succinic Acid Market by Value
3.3.7 Global Others Bio-Succinic Acid Market by Value
3.4 Global Bio-Succinic Acid Market: End-User Analysis
3.4.1 Global Bio-Succinic Acid Market by End-User: An Overview
3.4.2 Global Industrial Bio-Succinic Acid Market by Value
3.4.3 Global Food & Beverages Bio-Succinic Acid Market by Value
3.4.4 Global Pharmaceuticals Bio-Succinic Acid Market by Value
3.4.5 Global Personal Care & Cosmetics Bio-Succinic Acid Market by Value
3.4.6 Global Others Bio-Succinic Acid Market by Value
4. Regional Market Analysis
4.1 Europe Bio-Succinic Acid Market: An Analysis
4.1.1 Europe Bio-Succinic Acid Market: An Overview
4.2.2 Europe Bio-Succinic Acid Market by Value
4.2.3 Europe Bio-Succinic Acid Market by Region
4.2.4 Germany Bio-Succinic Acid Market by Value
4.2.5 France Bio-Succinic Acid Market by Value
4.2.6 The UK Bio-Succinic Acid Market by Value
4.2.7 Italy Bio-Succinic Acid Market by Value
4.2.8 Spain Bio-Succinic Acid Market by Value
4.2.9 Rest of Europe Bio-Succinic Acid Market by Value
4.2 North America Bio-Succinic Acid Market: An Analysis
4.2.1 North America Bio-Succinic Acid Market: An Overview
4.2.2 North America Bio-Succinic Acid Market by Value
4.2.3 North America Bio-Succinic Acid Market by Region
4.2.4 The US Bio-Succinic Acid Market by Value
4.2.5 Canada Bio-Succinic Acid Market by Value
4.2.6 Mexico Bio-Succinic Acid Market by Value
4.3 Asia Pacific Bio-Succinic Acid Market: An Analysis
4.3.1 Asia Pacific Bio-Succinic Acid Market: An Overview
4.3.2 Asia Pacific Bio-Succinic Acid Market by Value
4.3.3 Asia Pacific Bio-Succinic Acid Market by Region
4.3.4 China Bio-Succinic Acid Market by Value
4.3.5 Japan Bio-Succinic Acid Market by Value
4.3.6 India Bio-Succinic Acid Market by Value
4.3.7 South Korea Bio-Succinic Acid Market by Value
4.3.8 Rest of Asia Pacific Bio-Succinic Acid Market by Value
4.4 Rest of the World Bio-Succinic Acid Market: An Analysis
4.4.1 Rest of the World Bio-Succinic Acid Market: An Overview
4.4.2 Rest of the World Bio-Succinic Acid Market by Value
5. Impact of COVID-19
5.1 Impact of COVID-19 on Global Bio-Succinic Acid Market
5.2 Post COVID-19 Impact on Global Bio-Succinic Acid Market
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Accelerating Demand for Bio-based Plastics and Polymers
6.1.2 Growing Application in Food Additives
6.1.3 Government Regulations and Policies Favoring Bio-based Products
6.1.4 Rising Integration with Renewable Energy Sources
6.1.5 Increasing Shift Towards Sustainability and Eco-friendly Products
6.2 Challenges
6.2.1 Fluctuations in Succinic Acid Prices
6.2.2 High Production Costs Compared to Petroleum-Based Alternatives
6.2.3 Limited Availability of Cost-Effective Feedstocks
6.3 Market Trends
6.3.1 Expanding Applications in Pharmaceuticals
6.3.2 Technological Advancements in the Production Processes
6.3.3 Surging Focus on Renewable Feedstocks
6.3.4 Adoption of Circular Economy Models
6.3.5 Collaboration Between Biotechnology and Chemical Industries
7. Competitive Landscape
7.1 Global Bio-Succinic Acid Market: Competitive Landscape
7.2 Global Bio-Succinic Acid Market Players: Product Comparison
8. Company Profiles
8.1 BASF SE
8.1.1 Business Overview
8.1.2 Operating Segments
8.1.3 Business Strategy
8.2 DSM-Firmenich AG
8.2.1 Business Overview
8.2.2 Operating Segments
8.2.3 Business Strategy
8.3 Roquette Freres SA
8.3.1 Business Overview
8.3.2 Operating Segments
8.3.3 Business Strategy
8.4 Mitsui & Co., Ltd.
8.4.1 Business Overview
8.4.2 Operating Segments
8.4.3 Business Strategy
8.5 Mitsubishi Chemical Group Corporation
8.5.1 Business Overview
8.5.2 Operating Segments
8.5.3 Business Strategy
8.6 PTT Global Chemical Public Company Limited (PTTGC)
8.6.1 Business Overview
8.6.2 Operating Segments
8.6.3 Business Strategies
8.7 Nippon Shokubai Co., Ltd
8.7.1 Business Overview
8.7.2 Operating Segments
8.7.3 Business Strategy
8.8 Dow Inc. (The Dow Chemical Company)
8.8.1 Business Overview
8.8.2 Operating Segments
8.8.3 Business Strategy
8.9 Corbion N.V.
8.9.1 Business Overview
8.9.2 Operating Segments
8.9.3 Business Strategy
8.10 Air Water Inc. (Air Water Performance Chemical Inc.)
8.10.1 Business Overview
8.10.2 Operating Segments
8.10.3 Business Strategy
8.11 LCY Chemical Corp.
8.11.1 Business Overview
8.11.2 Business Strategy
8.12 Wego Chemical Group
8.12.1 Business Overview
8.12.2 Business Strategy
List of Figures
Figure 1: Key Benefits of Using Bio-Succinic Acid over Traditional Succinic Acid
Figure 2: Bio-Succinic Acid Segmentation
Figure 3: Global Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 4: Global Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 5: Global Bio-Succinic Acid Market by Process Type; 2024 (Percentage, %)
Figure 6: Global Bio-Succinic Acid Market by Application; 2024 (Percentage, %)
Figure 7: Global Bio-Succinic Acid Market by End-User; 2024 (Percentage, %)
Figure 8: Global Bio-Succinic Acid Market by Region; 2024 (Percentage, %)
Figure 9: Global Ammonium Sulphate Process Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 10: Global Ammonium Sulphate Process Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 11: Global Direct Crystallization Process Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 12: Global Direct Crystallization Process Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 13: Global Electrodialysis Process Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 14: Global Electrodialysis Process Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 15: Global 1, 4-Butanediol Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 16: Global 1, 4-Butanediol Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 17: Global Polyester Polyols Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 18: Global Polyester Polyols Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 19: Global Plasticizers Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 20: Global Plasticizers Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 21: Global Polybutylene Succinate Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 22: Global Polybutylene Succinate Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 23: Global Solvents & Coatings Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 24: Global Solvents & Coatings Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 25: Global Others Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 26: Global Others Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 27: Global Industrial Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 28: Global Industrial Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 29: Global Food & Beverages Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 30: Global Food & Beverages Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 31: Global Pharmaceuticals Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 32: Global Pharmaceuticals Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 33: Global Personal Care & Cosmetics Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 34: Global Personal Care & Cosmetics Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 35: Global Others Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 36: Global Others Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 37: Europe Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 38: Europe Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 39: Europe Bio-Succinic Acid Market by Region; 2024 (Percentage, %)
Figure 40: Germany Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 41: Germany Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 42: France Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 43: France Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 44: The UK Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 45: The UK Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 46: Italy Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 47: Italy Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 48: Spain Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 49: Spain Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 50: Rest of Europe Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 51: Rest of Europe Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 52: North America Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 53: North America Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 54: North America Bio-Succinic Acid Market by Region; 2024 (Percentage, %)
Figure 55: The US Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 56: The US Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 57: Canada Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 58: Canada Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 59: Mexico Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 60: Mexico Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 61: Asia Pacific Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 62: Asia Pacific Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 63: Asia Pacific Bio-Succinic Acid Market by Region; 2024 (Percentage, %)
Figure 64: China Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 65: China Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 66: Japan Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 67: Japan Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 68: India Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 69: India Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 70: South Korea Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 71: South Korea Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 72: Rest of Asia Pacific Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 73: Rest of Asia Pacific Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 74: Rest of the World Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
Figure 75: Rest of the World Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
Figure 76: Global Bioplastic Production Capacity; 2023-2028 (1000 Tonnes)
Figure 77: Global Processed Foods Market; 2022-2027 (US$ Trillion)
Figure 78: Global Biopharmaceuticals Market Revenue Forecast; 2022-2030 (US$ Billion)
Figure 79: BASF SE Sales by Segments; 2024 (Percentage, %)
Figure 80: DSM-Firmenich AG Sales by Segment; 2024 (Percentage, %)
Figure 81: Roquette Freres SA Sales by Global Business Units; 2023 (Percentage, %)
Figure 82: Mitsui & Co., Ltd. Revenue by Segment; 2024 (Percentage, %)
Figure 83: Mitsubishi Chemical Group Corporation Revenue by Segments; 2023 (Percentage, %)
Figure 84: PTT Global Chemical Public Co., Ltd. Sales Revenue by Business Unit; 2024 (Percentage, %)
Figure 85: Nippon Shokubai Co., Ltd. Revenue by Segments; 2023 (Percentage,%)
Figure 86: Dow Inc. Net Sales by Segments; 2024 (Percentage,%)
Figure 87: Corbion N.V. Net Sales by Segment; 2024 (Percentage, %)
Figure 88: Air Water Inc. Revenue by Segments; 2023 (Percentage,%)
Table 1: Price Comparison of Succinic Acid; 2023-2024 (USD/MT)
Table 2: Global Bio-Succinic Acid Market Players: Product Comparison