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Bio succinic acid is primarily being used as a replacement for petrol based succinic acid in few applications such as solvents and lubricants, de-icer solutions, cosmetics, food and pharma. Furthermore, newer application such as 1,4-Butanediol (BDO), PBS, plasticizers and polyesters polyols market will accelerate the future growth of the market. Additionally, higher cost of crude oil, increase in investments for green chemicals, demand for renewable chemicals, and increase in government support will further boost the growth of the market. However, higher price of bio succinic acid and lengthy extraction processes are primarily restraining the market growth for the next few years. Various industrial application markets analyzed in the study includes BDO, polyester polyols, PBS, plasticizers, resins, coatings, & pigments, solvents & lubricants, alkyd resins, and de-icer solutions. The resins, coatings, & pigments market generated maximum revenue in the year 2013. However, seven years down the line, BDO is expected to emerge as the largest application segment. This is largely due to higher consumption of bio succinic acid in the production of BDO, as a replacement of maleic anhydride. It is estimated that 1.2 MT of bio succinic acid is needed to replace 1 MT of maleic anhydride. The global Bio Succinic Acid market is valued at 170 million US$ in 2018 is expected to reach 2220 million US$ by the end of 2025, growing at a CAGR of 38.3% during 2019-2025. This report focuses on Bio Succinic Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bio Succinic Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report. The following manufacturers are covered: BioAmber Myraint DSM Mitsui Mitsubishi BASF Roquette Frerse Purac Reverdia Segment by Regions North America Europe China Japan Segment by Type Ammonium Sulphate Process Direct Crystallization Process Electrodialysis Process Others Segment by Application Industrial Application Food Application Pharma Application Cosmetics Application Others
Table of Contents Executive Summary 1 Bio Succinic Acid Market Overview 1.1 Product Overview and Scope of Bio Succinic Acid 1.2 Bio Succinic Acid Segment by Type 1.2.1 Global Bio Succinic Acid Production Growth Rate Comparison by Type (2014-2025) 1.2.2 Ammonium Sulphate Process 1.2.3 Direct Crystallization Process 1.2.4 Electrodialysis Process 1.2.5 Others 1.3 Bio Succinic Acid Segment by Application 1.3.1 Bio Succinic Acid Consumption Comparison by Application (2014-2025) 1.3.2 Industrial Application 1.3.3 Food Application 1.3.4 Pharma Application 1.3.5 Cosmetics Application 1.3.6 Others 1.4 Global Bio Succinic Acid Market by Region 1.4.1 Global Bio Succinic Acid Market Size Region 1.4.2 North America Status and Prospect (2014-2025) 1.4.3 Europe Status and Prospect (2014-2025) 1.4.4 China Status and Prospect (2014-2025) 1.4.5 Japan Status and Prospect (2014-2025) 1.5 Global Bio Succinic Acid Market Size 1.5.1 Global Bio Succinic Acid Revenue (2014-2025) 1.5.2 Global Bio Succinic Acid Production (2014-2025) 2 Global Bio Succinic Acid Market Competition by Manufacturers 2.1 Global Bio Succinic Acid Production Market Share by Manufacturers (2014-2019) 2.2 Global Bio Succinic Acid Revenue Share by Manufacturers (2014-2019) 2.3 Global Bio Succinic Acid Average Price by Manufacturers (2014-2019) 2.4 Manufacturers Bio Succinic Acid Production Sites, Area Served, Product Types 2.5 Bio Succinic Acid Market Competitive Situation and Trends 2.5.1 Bio Succinic Acid Market Concentration Rate 2.5.2 Bio Succinic Acid Market Share of Top 3 and Top 5 Manufacturers 2.5.3 Mergers & Acquisitions, Expansion 3 Global Bio Succinic Acid Production Market Share by Regions 3.1 Global Bio Succinic Acid Production Market Share by Regions 3.2 Global Bio Succinic Acid Revenue Market Share by Regions (2014-2019) 3.3 Global Bio Succinic Acid Production, Revenue, Price ... | read more...