global succinic acid market trend 2015 2021

Global Succinic Acid Market – Drivers, Opportunities, Trends & Forecasts up to 2021

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Succinic acid is a dicarboxylic organic acid, commonly used as food additive and supplementary utilizing its acidity regulatory properties. It is also used as a precursor to few polymers and alkyd resins, which in turn is used in many industries including agriculture, packaging, pharmaceutical and industrial among others.  Increasing demand of products with longer shelf life and higher performance is growing the demand of succinic acid.

Bio-based succinic acid is the bigger segment in the market owing to increasing level of acceptance among consumers for eco-friendly products. Polyurethane was the largest consumer segment in the succinic acid market. Europe leads in market contribution whereas Asia Pacific leads contribution growth with the highest growth rate. The market is fragmented with many players but the competition is increasing due to vast application areas. Some of the key players operating in the market are Mitsubishi Chemical Holdings Corporation, BioAmber Inc. and Succinity GmbH, among many others.

This study provides a comprehensive understanding of the global succinic acid market size information and market trends along with the factors and parameters impacting it in both short and long term. The study ensures a 360° view, bringing out the complete key insights of the industry. The study provides better understanding of the companies.

Report Scope:

  • Types

    • Bio-based

    • Petroleum-based

  • End-Use

    • Food & Beverage

    • Industrial

    • Pharmaceuticals

    • Polyurethane

    • Others

  • Regions

    • Asia Pacific

    • Europe

    • North America

    • Rest of the World

  • Industry outlook: market trends and drivers, restraints, and opportunities

1       Report Outline

1.1            Introduction

1.2            Report Scope

1.3            Market Definitions

1.4            Research Methodology

1.4.1             Data Collation & In-House Estimation

1.4.2             Market Triangulation

1.4.3             Forecasting

1.5            Study Declarations

1.6            Report Assumptions

1.7            Stakeholders

2       Executive Summary

3       Market Positioning

3.1            Total Addressable Market (TAM): Organic Acids

3.1.1             Market Overview

3.1.2             Major Trends

3.2            Segmented Addressable Market (SAM)

3.3            Related Markets

4       Market Outlook

4.1            Overview

4.2            Value Chain Analysis

4.3            PESTLE Analysis

4.4            Porter 5 (Five) Forces Analysis

4.5            Patents Analysis

5       Market Characteristics

5.1            Market Segmentation

5.2            Market Dynamics

5.2.1             Drivers

5.2.2             Restraints

5.2.3             Opportunities

5.2.4             DRO – Impact Analysis

6       Succinic Acid Types: Market Size and Analysis

6.1            Overview

6.2            Bio-based

6.3            Petroleum-based

6.4       Vendor Profiles

(Overview, products/services, geographic revenues, recent developments, business focus, SWOT analysis and business strategy for all vendors)

7       Succinic Acid End-Use: Market Size and Analysis

7.1            Overview

7.2            Food & Beverage

7.3            Industrial

7.4       Pharmaceuticals

7.5       Polyurethane

7.6       Customer Profiles

 (Overview, product usage, geographic revenues, recent developments, and business strategy for all customers)

8       Regions: Market Size and Analysis

8.1            Overview

8.2            North America

8.3            Europe

8.4            Asia Pacific

8.5            Rest of the World

9       Companies To Watch For

10    Competitive Landscape

10.1         Competitor Product & Geography Benchmarking

10.2         Market Landscape

10.2.1           Key Strategies Adopted



Research Framework

Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

Market related information is congregated from both primary and secondary sources.

Primary sources

Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.


Global Succinic Acid Market – Drivers, Opportunities, Trends & Forecasts up to 2021
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