Market Research Engine has published a new report titled as “Succinic Acid Market for 1,4-BDO, Resin, Coatings, Dyes & Inks, Pharmaceutical, Polyurethane, Food, Plasticizers, Cosmetics, Solvents & Lubricants and De-Icing Solutions Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 - 2021”
Succinic acid is white, solid and odourless chemical
compound. It is mainly used as feedstock for many materials such as polymers,
resins and solvents. FDA has approved it as as safe for additives in food and
dietary supplements.
Browse Full Report: https://www.marketresearchengine.com/reportdetails/succinic-acid-market
Global Succinic acid market is anticipated to exceed more than USD 490 million by 2020. The revenue of this market is projected to increase at CAGR of 21% during the forecast period. Europe is a leading market for succinic acid industry by revenue which accounted largest share worldwide. Asia Pacific is a second leading market and will grow with highest growth rate at a CAGR of 28% owing to exponential demand for succinic acid in various end-use applications such as pharmaceuticals and personal care industry. China is known for largest consumer of succinic acid in Asia Pacific acid.
Increasing demand for bio based succinic is challenging the
market players to meet the needs of consumers which is a driver for global
succinic acid market. Rising demand in pharmaceuticals industry is one of the
driving factors. Personal care and pharmaceutical market account the largest
share in the market which is major driving factor for global market.
The global succinic acid market according to its source is
segmented as petroleum-based and bio-based. The following market by application
is segmented as 1, 4 butanediol, polyurethane, food and beverages, resins,
coatings & pigments, plasticizers, pharmacy, de-icer solutions, PBS/PBST,
solvents & lubricants, personal care, and others applications. The market
segments in terms of geographical regions include North America, Europe,
Asia-Pacific and Rest of the World(ROW).
This report provides:
1) An overview of the global market for succinic acid and
related technologies.
2) Analyses of global market trends, with data from 2013,
estimates for 2014 and 2015, and projections of compound annual growth rates
(CAGRs) through 2020.
3) Identifications of new market opportunities and targeted
promotional plans for succinic acid market.
4) Discussion of research and development, and the demand
for new products and new applications.
5) Comprehensive company profiles of major players in the
industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global
and regional markets for various types of coatings with the reasons given for
variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the
market share and company profiles of the key participants operating in the
global market.
Key players profiled in the report include:
• BioAmber
Inc
• Gadiv
Petrochemical industries ltd
• Kawasaki
Kasei Chemicals Ltd
• Mitsubishi
Chemical Corporation
• Mitsui
& Co. Ltd
• Myriant
Corporation
• Nippon
Shokubai Co. Ltd
• PTT Global
Chemical Public Co. Ltd
• Purac
• BASF SE
• Reverdia
• Roquette
Freres S.A
• DSM N.V
Company profile includes assign such as company summary,
financial summary, business strategy and planning, SWOT analysis and current
developments.
The Top Companies Report is intended to provide our buyers
with a snapshot of the industry’s most influential players.
by Source
• Petroleum-based
• Bio-based
by Application
• Polyurethane
• 1, 4
Butanediol
• Food and
Beverages
• Resins
• Coatings
& Pigments
• Plasticizers
• Pharmacy
• De-icer
solutions
• PBS/PBST
• Solvents
& Lubricants
• Personal
Care
• Other
by Region
• North
America
• Europe
• Asia
Pacific
• Rest of the
World (RoW)
Reasons to buy this Report:
1) Obtains the most up to date information available on all
active and planned succinic acid industry globally.
2) Identify growth segments and opportunities in the
industry.
3) Facilitate decision making on the basis of strong
historic and forecast of succinic acid industry and unit capacity data.
4) Assess your competitor’s refining portfolio and its
evolution.
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