The Bio Succinic Acid Market size is expected to grow at an annual average of 44% during 2021-2027. Biosuccinic acid is used as a substitute for gasoline-based succinic acid in a small number of applications such as solvents and lubricants, de-icing fluids, food and pharmaceuticals, and cosmetics. Also applies to 1,4-Butanediol (BDO), PBS, polyester polyols and plasticizers. Biosuccinic acid is produced from corn, sugar cane, cassava and can also be produced from waste such as agricultural waste, beetroot pulp and other food waste. In addition, it is being used in the production of solvent-type liquid polyester resins by increasing the bio-derived content of resins such as polyester, alkyd, and urethane and reducing the amount of gasoline.
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The following segmentation are covered in this report:
By end-use industry:
- Industrial
- Coating
- Food & Beverage
- Cosmetics
- Pharmaceuticals
By type:
- Petro-based
- Bio-based
Company Profile
- BioAmber
- MYRIANT
- DSM
- Mitsui & Co. Ltd
- Mitsubishi Chemical
- BASF SA
- Purac
- Roquette Freres S.A.
- Reverdia
The report covers the following objectives:
- Proliferation and maturation of trade in the global Bio Succinic Acid Market
- The market share of the global Bio Succinic Acid Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Bio Succinic Acid Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Bio Succinic Acid Market
Scope of the report
The research study analyses the Bio Succinic Acid Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
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Geographic coverage
- North america market size and/or volume
- Latin america market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Bio Succinic Acid Market Report
- What was the Bio Succinic Acid Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
- What will be the CAGR of Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Bio Succinic Acid Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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