The analysts forecast the global succinic acid market to exhibit a CAGR of 6.77% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global succinic acid for 2019-2024. To calculate the market size, the report considers the succinic acid sales volume and revenue.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, product, and application.
Geographically, the global succinic acid market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.
- North America (U.S., Canada, Mexico, etc.)
- Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
- Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
- South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)
On the basis of product, the global succinic acid market is segmented into:
- Bio-Based Succinic Acid
- Petro-Based Succinic Acid
Based on application, the succinic acid market is segmented into:
- Food & Beverage
The report also includes a discussion of the key vendors operating in this market. Some of the leading players in the global succinic acid market are:
- Succinity GmbH (BASF SE & Corbion N.V.)
- BioAmber Inc. (Mitsubishi Chemical Corporation Partner)
- Anhui Sunsing Chemicals Co., Ltd.
- Anqing Hexing Chemical Co., Ltd.
- Myriant Corporation (GC Innovation America)
- Reverdia V.o.f. (DSM Succinic Acid B.V. & Roquette B.V.)
- Nippon Shokubai Co., Ltd.
- Shandong Feiyang Chemical Co., Ltd.
- Kawasaki Kasei Chemicals Ltd.
- Gadiv Petrochemical Industries Ltd.
- PTT Global Chemical Public Company Limited
- Tianjin Bohua Zhonghe Chemical Co., Ltd.
- request free sample to get a complete list of companies
Objective of the study:
- To analyze and forecast the market size of global succinic acid market.
- To classify and forecast global succinic acid market based on region, product, and application.
- To identify drivers and challenges for global succinic acid market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in global succinic acid market.
- To conduct pricing analysis for global succinic acid market.
- To identify and analyze the profile of leading players operating in global succinic acid market.
The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:
- Manufacturers of succinic acid
- Raw material suppliers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to succinic acid
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with succinic acid suppliers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.