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The succinic acid market is forecasted to grow by USD 261 million during 2023-2028, accelerating at a CAGR of 10.87% during the forecast period. The report on the succinic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by application in various industries, consumer preference toward environment-friendly products, and expanding food and beverage industry.
The succinic acid market is segmented as below:
By Type
- Petro-based
- Bio-based
By End-user
- Industrial
- Coatings
- Pharmaceuticals
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the succinic acid market covers the following areas:
- Succinic acid market sizing
- Succinic acid market forecast
- Succinic acid market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global succinic acid market: Aurochemicals, Central Drug House Pvt. Ltd., Corbion nv, EMCO Dyestuff Pvt. Ltd., Fengchen Group Co. Ltd., HENAN BON INDUSTRIAL CHEMICAL CO. LTD., Henan GP Chemicals Co. Ltd., Jinan Qinmu Fine Chemical Co. Ltd., KUNSHAN ODOWELL CO. LTD., Labdhi Chemicals, LCY Chemical Corp., Merck KGaA, Nice Chemicals Pvt. Ltd., NIPPON SHOKUBAI CO. LTD, Otto Chemie Pvt. Ltd., Roquette Freres SA, Spectrum Laboratory Products Inc., Tokyo Chemical Industry Co. Ltd., Vizag Chemical International, and Zhengzhou Alfa Chemical Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is bio-succinic acid gaining popularity."
According to the report, one of the major drivers for this market is the application in various industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aurochemicals
- Central Drug House Pvt. Ltd.
- Corbion nv
- EMCO Dyestuff Pvt. Ltd.
- Fengchen Group Co. Ltd.
- HENAN BON INDUSTRIAL CHEMICAL CO. LTD.
- Henan GP Chemicals Co. Ltd.
- Jinan Qinmu Fine Chemical Co. Ltd.
- KUNSHAN ODOWELL CO. LTD.
- Labdhi Chemicals
- LCY Chemical Corp.
- Merck KGaA
- Nice Chemicals Pvt. Ltd.
- NIPPON SHOKUBAI CO. LTD
- Otto Chemie Pvt. Ltd.
- Roquette Freres SA
- Spectrum Laboratory Products Inc.
- Tokyo Chemical Industry Co. Ltd.
- Vizag Chemical International
- Zhengzhou Alfa Chemical Co. Ltd.