Succinic Acid Market
Succinic Acid Market Analysis By Type (Petro-based Succinic Acid & Bio-based Succinic Acid) By End-Use (Industrial Sector, Coatings, Food & Beverages, Cosmetics) & By Region (North America, Latin America, Europe, APAC & MEA) - Global Market Insights 2022 to 2032
Analysis of Succinic Acid market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Succinic Acid Market Outlook (2022-2032)
Global Succinic Acid Market currently accounts for a valuation of US$ 160.8 million and is estimated to climb to US$ 301.4 million by the end of 2032. Consumption of succinic acid is predicted to increase at 6.5% CAGR from 2022 to 2032.
Rising use of polyurethane and tetrahydrofuran is expected to propel the sales of succinic acid in the industrial sector. This new succinic acid market analysis by Fact.MR suggests that the market will be majorly driven by increasing demand for succinic acid in the pharmaceutical and personal care industries.
|
Report Attributes |
Details |
|
Global Succinic Acid Market Size (2022) |
US$ 160.8 Million |
|
Predicted Market Value (2032F) |
US$ 301.4 Million |
|
Global Market Growth Rate (2022-2032) |
6.5% CAGR |
|
North America Market Share (2022) |
32.6% |
|
Key Companies Profiled |
|
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Succinic Acid Consumption Analysis (2017-2021) Vs. Market Growth Forecasts (2022-2032)
Succinic acid is non-toxic in nature, antimicrobial, and anti-inflammatory, and these properties are expected to drive its demand across the forecast period. Increasing popularity of the aforementioned characteristics is expected to drive demand for succinic acid for skin treatment and acne treatment.
Succinic acid for acne treatment is being recommended by dermatologists, and hence, companies are focusing on creating hydrating gels with succinic acid to meet increasing demand.
As per this succinic acid market report, the industry exhibited expansion at a CAGR of 5.4% from 2017 to 2021.
Succinic acid is also being widely used in several industries as a solvent and raw material for the manufacturing of different products. Rising focus on the consumption of organic products is also expected to positively impact shipments of succinic acid.
Increasing use of succinic acid as a feedstock for the production of plasticizers is also expected to provide lucrative opportunities for succinic acid manufacturers throughout the forecast period.
Rising use of bio-based succinic acid in the food industry to manufacture succinic acid food additives as demand for them increases with increasing food consumption across developed and developing countries alike. However, the high costs of production of succinic acid are expected to have a constraining effect on the global industry growth.
The worldwide market for succinic acids is expected to expand at a CAGR of 6.5% from 2022 to 2032.
How are Sales of Succinic Acid Evolving across Regional Market?
“Demand for Succinic Acid to Remain Highest in North America”
The North America succinic acid market is projected to account for a revenue of US$ 102.3 million and a market share of 33.9% in the global industry by the end of 2032. Rising use of food additives in the food industry in the region is expected to prominently drive succinic acid market demand.
Rising demand for food preservatives and additives in the economies of India and China are expected to significantly boost market potential in the APAC region. Succinic acid food additives are expected to see a high increase in sales across the forecast period in this region.
The Asia Pacific succinic acid market accounts for US$ 45.9 million and is projected to expand at a high CAGR of 6.8% from 2022 to 2032.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Country-wise Insights
Why is Demand for Succinic Acid in Cosmetics Industry High in the United States?
“Rising Demand for Organic Cosmetic Products to Boost Bio-Succinic Acid Consumption”
The United States is expected to lead the sales of succinic acid in North America. The United States succinic acid market stands at a valuation of US$ 48.9 million in 2022 and is expected to account for a major market share of 93.6% in the North America succinic acid market by 2032.
High consumer spending potential has positively influenced the consumption of personal care and cosmetic products in the nation. This factor will majorly drive demand for succinic acid in the personal care industry of the United States through 2032.
Succinic acid supplements and succinic acid tablets are expected to see a steady increase in consumption throughout the forecast period owing to increasing health consciousness in the country.
Increasing demand for organic products and rising awareness about the side effects of chemical-based products will further bolster demand for succinic acid in the U.S.
Will China Be a Lucrative Market for Succinic Acid Manufacturers?
“Low Production Costs to Provide Attractive Opportunities for Succinic Acid Suppliers”
China is well known for its robust manufacturing capability and is expected to provide rewarding opportunities for the succinic acid market as well. Low labor costs and supportive government initiatives are expected to bolster succinic acid market growth in China.
Manufacturing of succinic acid food additives, succinic acid supplements, and succinic acid tablets is expected to see a rise in the nation across the forecast period.
The China succinic acid market currently accounts for a share of 45.2% of the Asia Pacific succinic acid industry.
Category-wise Insights
Should Market Players Focus on Petro-based Succinic Acid Production?
“Petro-based Succinic Acid Accounts for Major Market Share”
Increasing use of petro-based succinic acid in polyurethane production as an alternative to adipic acid is expected to drive the growth of the petro-based succinic acid segment over the coming years. At present, petro-based succinic acid sales account for a value of US$ 98.6 million, which is anticipated to surge to US$ 190.6 million by the end of 2032.
On the other hand, the bio-succinic acid market is expected to rise at a CAGR of 6% across the forecast period. Increasing health consciousness and environmental concerns by governments across the world are prominent factors driving demand for bio-based succinic acid.
The bio-based succinic acid market is expected to account for a market share of 36.8% and a revenue of US$ 110.8 million by the end of 2032.
What is the Outlook for Sales of Succinic Acid in the Industrial Sector?
“Industrial End-use Segment to Dominate Global Succinic Acid Market”
Increasing use of succinic acid in multiple industries as a solvent and raw material for manufacturing is expected to drive sales of succinic acid in the industrial sector.
Sales of succinic acid in the industrial sector account for a net revenue total of US$ 53.7 million in 2022. Rising demand for spandex will also increase succinic acid market volume as succinic acid is a crucial raw material for the manufacturing of tetrahydrofuran which is majorly used in spandex manufacturing.
Demand for succinic acid in pharmaceuticals and demand for succinic acid in the food industry is expected to see good growth over the forecast period owing to the rising scope of application. Bio-based succinic acid is expected to be preferred in pharmaceutical and food industries owing to rising awareness about the side effects of the use of petro-based succinic acid.
Don't Need a Global Report?
save 40%! on Country & Region specific reports
COVID-19 Pandemic Analysis
This succinic acid market analysis evaluates the impact of the COVID-19 pandemic on a global scale. Sales of succinic acid were negatively impacted in 2020 owing to worldwide lockdown restrictions that were put in place to curb the spread of infections.
However, succinic acid demand is expected to rise at a steady pace in the post-pandemic era as industrial activity has resumed to full flow and world trade volumes have returned to pre-pandemic levels.
Competitive Landscape :
Key succinic acid manufacturers are focusing on mergers, acquisitions, collaborations, and partnerships to expand their business scope across the world.
Succinic acid suppliers are also investing in the expansion of their production plants to increase capacity to meet high demand from several industry verticals.
- In August 2021, LCY Biosciences, a leading name in succinic acid production, announced that it is producing 18 KT of bio-based succinic acid at a plant in Sarnia, Ontario, Canada. The plant was previously owned by BioAmber and produced 8 KT at the time.
Key Segments Covered in Succinic Acid Industry Research
-
By Type :
- Petro-based Succinic Acid
- Bio-based Succinic Acid
-
By End Use :
- Industrial Sector
- Coatings
- Food & Beverages
- Cosmetics
- Other End Uses
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 2.3. Inclusions/Exclusions 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Type modifications /Innovation 4. Key Success Factors 4.1. Strategic Developments 4.2. Key Regulations 4.3. Type USPs /Technology 4.4. List of Manufacturers and Providers 5. Market Background 5.1. Macro-Economic Factors 5.1.1. Global GDP outlook 5.1.2. Increasing R&D Expenditure 5.2. Forecast Factors - Relevance & Impact 5.2.1. New Type Launches 5.2.2. Cost of Types 5.3. Market Dynamics 5.3.1. Drivers 5.3.2. Restraints 5.3.3. Opportunity Analysis 6. COVID19 Crisis Analysis 6.1.1. Current COVID19 Statistics and Probable Future Impact 6.1.2. Current GDP Projection and Probable Impact 6.1.3. Current Economic Projection as Compared to 2008 Economic analysis 6.1.4. COVID19 and Impact Analysis 6.1.4.1. Revenue By Type 6.1.4.2. Revenue By End Use 6.1.4.3. Revenue By Country 6.1.5. 2021 Market Scenario 6.1.6. Quarter by Quarter Forecast 6.1.7. Projected Recovery Quarter 7. Global Succinic Acid Market Volume (Units) Analysis 2017-2021 and Forecast, 2022-2032 7.1. Historical Market Volume (Units) Analysis, 2017-2021 7.2. Current and Future Market Volume (Units) Projections, 2022-2032 7.2.1. Y-o-Y Growth Trend Analysis 8. Global Succinic Acid Market - Pricing Analysis 8.1. Regional Pricing Analysis By Type 8.2. Pricing Break-up 8.2.1. Manufacturer Level Pricing 8.2.2. Distributor Level Pricing 8.3. Global Average Pricing Analysis Benchmark 9. Global Succinic Acid Market Value Analysis 2017–2021 and Forecast, 2022-2032 9.1. Historical Market Value (US$ Mn) Analysis, 2017–2021 9.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032 9.2.1. Y-o-Y Growth Trend Analysis 9.2.2. Absolute $ Opportunity Analysis 10. Global Succinic Acid Market Analysis 2017–2021 and Forecast 2022-2032, by Type 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Analysis By Types & Services, 2017–2021 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Type, 2022-2032 10.3.1. Petro-based 10.3.2. Bio-based 10.4. Market Attractiveness Analysis By Type 11. Global Succinic Acid Market Analysis 2017–2021 and Forecast 2022-2032, by End Use 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Analysis By End Use , 2017–2021 11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End Use , 2022-2032 11.3.1. Industrial 11.3.2. Coatings 11.3.3. Food & Beverages 11.3.4. Cosmetics 11.3.5. Other End Uses 11.4. Market Attractiveness Analysis By End Use 12. Global Succinic Acid Market Analysis 2017–2021 and Forecast 2022-2032, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Analysis By Region, 2017–2021 12.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2022-2032 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia 12.3.6. Oceania 12.3.7. Middle East and Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Succinic Acid Market Analysis 2017–2021 and Forecast 2022-2032 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 13.3.1. By Country 13.3.1.1. U.S. 13.3.1.2. Canada 13.3.2. By Type 13.3.3. By End Use 13.4. Market Attractiveness Analysis 13.5. Key Market Participants - Intensity Mapping 13.6. Drivers and Restraints - Impact Analysis 14. Latin America Succinic Acid Market Analysis 2017–2021 and Forecast 2022-2032 14.1. Introduction 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Argentina 14.3.1.4. Rest of Latin America 14.3.2. By Type 14.3.3. By End Use 14.4. Market Attractiveness Analysis 14.5. Key Market Participants - Intensity Mapping 14.6. Drivers and Restraints - Impact Analysis 15. Europe Succinic Acid Market Analysis 2017–2021 and Forecast 2022-2032 15.1. Introduction 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. U.K. 15.3.1.5. Spain 15.3.1.6. Russia 15.3.1.7. Rest of Europe 15.3.2. By Type 15.3.3. By End Use 15.4. Market Attractiveness Analysis 15.5. Key Market Participants - Intensity Mapping 15.6. Drivers and Restraints - Impact Analysis 16. South Asia Succinic Acid Market Analysis 2017–2021 and Forecast 2022-2032 16.1. Introduction 16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 16.3.1. By Country 16.3.1.1. India 16.3.1.2. Thailand 16.3.1.3. Indonesia 16.3.1.4. Malaysia 16.3.1.5. Rest of South Asia 16.3.2. By Type 16.3.3. By End Use 16.4. Market Attractiveness Analysis 16.5. Key Market Participants - Intensity Mapping 16.6. Drivers and Restraints - Impact Analysis 17. East Asia Succinic Acid Market Analysis 2017–2021 and Forecast 2022-2032 17.1. Introduction 17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 17.3.1. By Country 17.3.1.1. China 17.3.1.2. Japan 17.3.1.3. South Korea 17.3.1.4. Rest of East Asia 17.3.2. By Type 17.3.3. By End Use 17.4. Market Attractiveness Analysis 17.5. Key Market Participants - Intensity Mapping 17.6. Drivers and Restraints - Impact Analysis 18. Oceania Succinic Acid Market Analysis 2017–2021 and Forecast 2022-2032 18.1. Introduction 18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 18.3.1. By Country 18.3.1.1. Australia 18.3.1.2. New Zealand 18.3.2. By Type 18.3.3. By End Use 18.4. Market Attractiveness Analysis 18.5. Key Market Participants - Intensity Mapping 18.6. Drivers and Restraints - Impact Analysis 19. Middle East and Africa Succinic Acid Market Analysis 2017–2021 and Forecast 2022-2032 19.1. Introduction 19.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 19.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2032 19.3.1. By Country 19.3.1.1. GCC Countries 19.3.1.2. South Africa 19.3.1.3. Rest of Middle East and Africa 19.3.2. By Type 19.3.3. By End Use 19.4. Market Attractiveness Analysis 19.5. Drivers and Restraints - Impact Analysis 20. Key and Emerging Countries Succinic Acid Market Analysis 2017–2021 and Forecast 2022-2032 20.1. Introduction 20.1.1. Market Value Proportion Analysis, By Key Countries 20.1.2. Global Vs. Country Growth Comparison 20.2. U.S. Succinic Acid Market Analysis 20.2.1. By Type 20.2.2. By End Use 20.3. Canada Succinic Acid Market Analysis 20.3.1. By Type 20.3.2. By End Use 20.4. Mexico Succinic Acid Market Analysis 20.4.1. By Type 20.4.2. By End Use 20.5. Brazil Succinic Acid Market Analysis 20.5.1. By Type 20.5.2. By End Use 20.6. U.K. Succinic Acid Market Analysis 20.6.1. By Type 20.6.2. By End Use 20.7. Germany Succinic Acid Market Analysis 20.7.1. By Type 20.7.2. By End Use 20.8. France Succinic Acid Market Analysis 20.8.1. By Type 20.8.2. By End Use 20.9. Italy Succinic Acid Market Analysis 20.9.1. By Type 20.9.2. By End Use 20.10. Spain Succinic Acid Market Analysis 20.10.1. By Type 20.10.2. By End Use 20.11. BENELUX Succinic Acid Market Analysis 20.11.1. By Type 20.11.2. By End Use 20.12. Russia Succinic Acid Market Analysis 20.12.1. By Type 20.12.2. By End Use 20.13. China Succinic Acid Market Analysis 20.13.1. By Type 20.13.2. By End Use 20.14. Japan Succinic Acid Market Analysis 20.14.1. By Type 20.14.2. By End Use 20.15. South Korea Succinic Acid Market Analysis 20.15.1. By Type 20.15.2. By End Use 20.16. India Succinic Acid Market Analysis 20.16.1. By Type 20.16.2. By End Use 20.17. ASEAN Succinic Acid Market Analysis 20.17.1. By Type 20.17.2. By End Use 20.18. Australia Succinic Acid Market Analysis 20.18.1. By Type 20.18.2. By End Use 20.19. New Zealand Succinic Acid Market Analysis 20.19.1. By Type 20.19.2. By End Use 20.20. GCC Countries Succinic Acid Market Analysis 20.20.1. By Type 20.20.2. By End Use 20.21. Turkey Succinic Acid Market Analysis 20.21.1. By Type 20.21.2. By End Use 20.22. South Africa Succinic Acid Market Analysis 20.22.1. By Type 20.22.2. By End Use 21. Market Structure Analysis 21.1. Market Analysis by Tier of Companies 21.2. Market Concentration 21.3. Market Share Analysis of Top Players 21.4. Market Presence Analysis 21.4.1. By Regional footprint of Players 21.4.2. Type foot print by Players 21.4.3. Channel Foot Print by Players 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Benchmarking 22.3. Competition Deep dive 22.3.1. Thyssenkrupp AG 22.3.1.1. Overview 22.3.1.2. Type Portfolio 22.3.1.3. Profitability by Market Segments (Type/Channel/Region) 22.3.1.4. Sales Footprint 22.3.1.5. Strategy Overview 22.3.2. BASF SE 22.3.2.1. Overview 22.3.2.2. Type Portfolio 22.3.2.3. Profitability by Market Segments (Type/Channel/Region) 22.3.2.4. Sales Footprint 22.3.2.5. Strategy Overview 22.3.3. Roquette Frères 22.3.3.1. Overview 22.3.3.2. Type Portfolio 22.3.3.3. Profitability by Market Segments (Type/Channel/Region) 22.3.3.4. Sales Footprint 22.3.3.5. Strategy Overview 22.3.4. Kawasaki Kasei Chemicals 22.3.4.1. Overview 22.3.4.2. Type Portfolio 22.3.4.3. Profitability by Market Segments (Type/Channel/Region) 22.3.4.4. Sales Footprint 22.3.4.5. Strategy Overview 22.3.5. NIPPON SHOKUBAI CO. LTD 22.3.5.1. Overview 22.3.5.2. Type Portfolio 22.3.5.3. Profitability by Market Segments (Type/Channel/Region) 22.3.5.4. Sales Footprint 22.3.5.5. Strategy Overview 22.3.6. Ernesto Ventós S.A. 22.3.6.1. Overview 22.3.6.2. Type Portfolio 22.3.6.3. Profitability by Market Segments (Type/Channel/Region) 22.3.6.4. Sales Footprint 22.3.6.5. Strategy Overview 22.3.7. Spectrum Chemical Manufacturing Corp 22.3.7.1. Overview 22.3.7.2. Type Portfolio 22.3.7.3. Profitability by Market Segments (Type/Channel/Region) 22.3.7.4. Sales Footprint 22.3.7.5. Strategy Overview 22.3.8. FUSO CHEMICAL CO. LTD. 22.3.8.1. Overview 22.3.8.2. Type Portfolio 22.3.8.3. Profitability by Market Segments (Type/Channel/Region) 22.3.8.4. Sales Footprint 22.3.8.5. Strategy Overview 22.3.9. R-Biopharm AG 22.3.9.1. Overview 22.3.9.2. Type Portfolio 22.3.9.3. Profitability by Market Segments (Type/Channel/Region) 22.3.9.4. Sales Footprint 22.3.9.5. Strategy Overview 22.3.10. ESIM Chemicals 22.3.10.1. Overview 22.3.10.2. Type Portfolio 22.3.10.3. Profitability by Market Segments (Type/Channel/Region) 22.3.10.4. Sales Footprint 22.3.10.5. Strategy Overview 22.3.11. Anhui Sunsing Chemicals Co. Ltd. 22.3.11.1. Overview 22.3.11.2. Type Portfolio 22.3.11.3. Profitability by Market Segments (Type/Channel/Region) 22.3.11.4. Sales Footprint 22.3.11.5. Strategy Overview 22.3.12. Novomer Inc. 22.3.12.1. Overview 22.3.12.2. Type Portfolio 22.3.12.3. Profitability by Market Segments (Type/Channel/Region) 22.3.12.4. Sales Footprint 22.3.12.5. Strategy Overview 23. Assumptions and Acronyms Used 24. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Succinic Acid Market Volume (‘000 Units) Analysis and Opportunity Assessment 2017–2032, By Type
Table 02: Global Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Type
Table 03: Global Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 04: Global Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Region
Table 05: North America Succinic Acid Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 06: North America Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Type
Table 07: North America Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 08: Latin America Succinic Acid Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 09: Latin America Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Type
Table 10: Latin America Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 11: Europe Succinic Acid Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 12: Europe Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Type
Table 13: Europe Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 14: South Asia Succinic Acid Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 15: South Asia Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Type
Table 16: South Asia Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 17: East Asia Succinic Acid Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 18: East Asia Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Type
Table 19: East Asia Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 20: Oceania Succinic Acid Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 21: Oceania Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Type
Table 22: Oceania Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
Table 23: Middle East and Africa Succinic Acid Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2032, By Country
Table 24: Middle East and Africa Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By Type
Table 25: Middle East and Africa Succinic Acid Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2032, By End Use
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Succinic Acid Market Volume (in 000' Units) Analysis, 2017-2021
Figure 02: Global Succinic Acid Market Volume Forecast (in 000' Units), 2022-2032
Figure 03: Succinic Acid Pricing Analysis (US$) Per Type, By Region, 2021
Figure 04: Succinic Acid Pricing Analysis (US$) Per Type, By Region, 2021
Figure 05: Global Succinic Acid Market Value Analysis (US$ Mn), 2017-2021
Figure 06: Global Succinic Acid Market Value Forecast (US$ Mn), 2022-2032
Figure 07: Global Succinic Acid Market Absolute $ Opportunity, 2022-2032
Figure 08: Global Succinic Acid Market Share Analysis (%), By Type, 2022-2032
Figure 09: Global Succinic Acid Market Y-o-Y Analysis (%), By Type, 2022-2032
Figure 10: Global Succinic Acid Market Attractiveness Analysis by Type, 2022-2032
Figure 11: Global Succinic Acid Market Share Analysis (%), By End Use, 2022-2032
Figure 12: Global Succinic Acid Market Y-o-Y Analysis (%), By End Use, 2022-2032
Figure 13: Global Succinic Acid Market Attractiveness Analysis by End Use, 2022-2032
Figure 14: Global Succinic Acid Market Share Analysis (%), By Region, 2022-2032
Figure 15: Global Succinic Acid Market Y-o-Y Analysis (%), By Region, 2022-2032
Figure 16: Global Succinic Acid Market Attractiveness Analysis by Region, 2022-2032
Figure 17: North America Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 18: North America Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 19: North America Succinic Acid Market Value Share, By Country, 2022 (E)
Figure 20: North America Succinic Acid Market Value Analysis (US$ Mn), 2017-2021
Figure 21: North America Succinic Acid Market Value Forecast (US$ Mn), 2022-2032
Figure 22: North America Succinic Acid Market Attractiveness Analysis by Type, 2022-2032
Figure 23: North America Succinic Acid Market Attractiveness Analysis by End Use, 2022-2032
Figure 24: North America Succinic Acid Market Attractiveness Analysis by Country, 2022-2032
Figure 25: Latin America Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 26: Latin America Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 27: Latin America Succinic Acid Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Succinic Acid Market Value Analysis (US$ Mn), 2017-2021
Figure 29: Latin America Succinic Acid Market Value Forecast (US$ Mn), 2022-2032
Figure 30: Latin America Succinic Acid Market Attractiveness Analysis by Type, 2022-2032
Figure 31: Latin America Succinic Acid Market Attractiveness Analysis by End Use, 2022-2032
Figure 32: Latin America Succinic Acid Market Attractiveness Analysis by Country, 2022-2032
Figure 33: Europe Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 34: Europe Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 35: Europe Succinic Acid Market Value Share, By Country, 2022 (E)
Figure 36: Europe Succinic Acid Market Value Analysis (US$ Mn), 2017-2021
Figure 37: Europe Succinic Acid Market Value Forecast (US$ Mn), 2022-2032
Figure 38: Europe Succinic Acid Market Attractiveness Analysis by Type, 2022-2032
Figure 39: Europe Succinic Acid Market Attractiveness Analysis by End Use, 2022-2032
Figure 40: Europe Succinic Acid Market Attractiveness Analysis by Country, 2022-2032
Figure 41: South Asia Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 42: South Asia Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 43: South Asia Succinic Acid Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Succinic Acid Market Value Analysis (US$ Mn), 2017-2021
Figure 45: South Asia Succinic Acid Market Value Forecast (US$ Mn), 2022-2032
Figure 46: South Asia Succinic Acid Market Attractiveness Analysis by Type, 2022-2032
Figure 47: South Asia Succinic Acid Market Attractiveness Analysis by End Use, 2022-2032
Figure 48: South Asia Succinic Acid Market Attractiveness Analysis by Country, 2022-2032
Figure 49: East Asia Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 50: East Asia Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 51: East Asia Succinic Acid Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Succinic Acid Market Value Analysis (US$ Mn), 2017-2021
Figure 53: East Asia Succinic Acid Market Value Forecast (US$ Mn), 2022-2032
Figure 54: East Asia Succinic Acid Market Attractiveness Analysis by Type, 2022-2032
Figure 55: East Asia Succinic Acid Market Attractiveness Analysis by End Use, 2022-2032
Figure 56: East Asia Succinic Acid Market Attractiveness Analysis by Country, 2022-2032
Figure 57: Oceania Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 58: Oceania Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 59: Oceania Succinic Acid Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Succinic Acid Market Value Analysis (US$ Mn), 2017-2021
Figure 61: Oceania Succinic Acid Market Value Forecast (US$ Mn), 2022-2032
Figure 62: Oceania Succinic Acid Market Attractiveness Analysis by Type, 2022-2032
Figure 63: Oceania Succinic Acid Market Attractiveness Analysis by End Use, 2022-2032
Figure 64: Oceania Succinic Acid Market Attractiveness Analysis by Country, 2022-2032
Figure 65: Middle East and Africa Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 66: Middle East and Africa Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 67: Middle East and Africa Succinic Acid Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Succinic Acid Market Value Analysis (US$ Mn), 2017-2021
Figure 69: Middle East and Africa Succinic Acid Market Value Forecast (US$ Mn), 2022-2032
Figure 70: Middle East and Africa Succinic Acid Market Attractiveness Analysis by Type, 2022-2032
Figure 71: Middle East and Africa Succinic Acid Market Attractiveness Analysis by End Use, 2022-2032
Figure 72: Middle East and Africa Succinic Acid Market Attractiveness Analysis by Country, 2022-2032
Figure 73: U. S. Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 74: U. S. Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 75: U. S. Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 76: Canada Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 77: Canada Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 78: Canada Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 79: Mexico Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 80: Mexico Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 81: Mexico Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 82: Brazil Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 83: Brazil Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 84: Brazil Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 85: U. K. Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 86: U. K. Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 87: U. K. Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 88: Germany Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 89: Germany Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 90: Germany Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 91: France Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 92: France Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 93: France Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 94: Italy Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 95: Italy Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 96: Italy Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 97: Spain Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 98: Spain Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 99: Spain Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 100: Russia Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 101: Russia Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 102: Russia Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 103: China Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 104: China Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 105: China Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 106: Japan Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 107: Japan Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 108: Japan Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 109: South Korea Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 110: South Korea Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 111: South Korea Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 112: India Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 113: India Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 114: India Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 115: ASEAN Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 116: ASEAN Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 117: ASEAN Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 118: Australia Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 119: Australia Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 120: Australia Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 121: New Zealand Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 122: New Zealand Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 123: New Zealand Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 124: GCC Countries Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 125: GCC Countries Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 126: GCC Countries Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 127: Turkey Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 128: Turkey Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 129: Turkey Succinic Acid Market Value Share, By End Use, 2022 (E)
Figure 130: South Africa Succinic Acid Market Value Analysis (US$ Mn), 2022 & 2032
Figure 131: South Africa Succinic Acid Market Value Share, By Type, 2022 (E)
Figure 132: South Africa Succinic Acid Market Value Share, By End Use, 2022 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What valuation does the global succinic acid market enjoy?
The global succinic acid market accounts for US$ 160.8 million valuation in 2022.
What will the succinic acid market be worth by the end of the forecast period?
By the end of 2032, the global market for succinic acid is projected to reach US$ 301.4 million.
What is the predicted succinic acid market growth?
Demand for succinic acid is expected to increase at a CAGR of 6.5% from 2022 to 2032.
Which industry is the largest end user of succinic acid?
The industrial sector is projected to account for the largest succinic acid market share of 37.4% by the end of 2032.
What are the key driving forces behind the demand growth of succinic acid?
Increasing use of succinic acid in several industries such as food, pharmaceutical, cosmetics, and personal care are expected to majorly drive market potential through 2032.
Which key succinic acid manufacturers are profiled in this succinic acid market report?
Key succinic acid suppliers are Thyssenkrupp AG, BASF SE, Roquette Frères, Kawasaki Kasei Chemicals, NIPPON SHOKUBAI CO. LTD, Ernesto Ventós S.A., Spectrum Chemical Manufacturing Corp, FUSO CHEMICAL CO. LTD., and R-Biopharm AG.
Succinic Acid Market