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Global succinic acid market was valued at USD 240.3 million in 2011 and is expected to reach USD 836.2 million by 2018, growing at a CAGR of 19.4% from 2012 to 2018
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Transparency Market Research Succinic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 Published Date 04-Sept-2013 95 Page Report Request Sample Buy Now Press Release Succinic Acid Market to Expand at CAGR of 19.4% owing to Development of Biobased Succinic Acid : TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Succinic Acid Market REPORT DESCRIPTION Succinic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 A new report has been published by Transparency Market Research, titled “Succinic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018”. TMR, a market intelligence company based in the U.S., states in its report that the value of the global succinic acid market was estimated at US$240.3 million in 2011 and is expected to be growing at a remarkable CAGR of 19.4% between 2012 and 2018. The succinic acid market is predicted to be worth US$836.2 million by 2018. Browse the full 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, 2012 - 2018 Research Report With Complete TOC @ http://www.transparencymarketresearch.com/succinic-acid.html The TMR report states that maleic anhydride, which is derived from petroleum, is the conventional feedstock material utilized in the manufacture of succinic acid. As a result, the cost of conventionally derived succinic acid is vulnerable to any fluctuations in the price of petroleum. The expanding demand in applications such as polyurethane, 1,4-butanediol, plasticizers, coatings, resins, and dyes and inks has raised demand from the global succinic acid market. In 2011, coatings, resins, dyes, and inks as a whole dominated the market and accounted for 20.8% of the overall consumption of succinic acid worldwide. Request Free Sample Report : http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=1008 The study states that rise in infrastructure and construction development activities is predicted to boost the demand for coating, resin, and polyurethanes, which in turn is likely to aid the growth of the global succinic acid market. The pharmaceutical industry was the second largest application of succinic acid in the global perspective and held a 13.0% share in overall consumption in 2012. In 2011, polyurethane was the third largest application of succinic acid, with a share of more than 12% in overall consumption, and is predicted to 2 Transparency Market Research
Succinic Acid Market expand at a CAGR of 28.0% between 2012 and 2018.The price of raw materials has been a primary concern for succinic acid manufacturers. Additionally, increasing environmental concern amongst end users has resulted in rising demand for green products. To counter these restraints, succinic acid manufacturers are progressively shifting towards commercialization and development of biobased succinic acid. Numerous companies are investing heavily in the production and advancement of biobased succinic acid. Commercialization and development of biobased succinic acid is anticipated to open up fresh avenues for industry players in the coming years. However, strict environmental regulations are predicted to impede demand for petroleum-derived succinic acid in the forthcoming years. As per this TMR research report, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). Europe accounted for the biggest share of the global succinic acid market in 2011, holding 33% of the market. The second biggest market for succinic acid, with a 29.6% share in the global market in 2011, was Asia Pacific. It is projected to be the most swiftly growing market for succinic acid, due to rising demand from India, China, and Japan. North America held 29.2% of the total market in 2011 owing largely to rising demand for coatings, resins, inks, and dyes. Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/succinic-acid.htm Major manufacturers of succinic acid profiled in the report include Reverdia, BioAmber, DSM, BASF, Myriant Corporation, Mitsubishi Chemicals, Anqing Hexing Chemical Co. Ltd, Purac Biochem, Nippon Shokubai Co., Ltd, and Showa Denko K.K. TABLE OF CONTENT Chapter 1 Preface 1.1 Report description 1.2 Market segmentation 1.2.1 Global succinic acid market segmentation, application and geography 3 Transparency Market Research
Succinic Acid Market 1.3 Research scope 1.4 Research methodology Chapter 2 Executive Summary 2.1 Global succinic acid market demand, 2010 - 2018 (Kilo Tons) (USD Million) 2.2 Succinic Acid: Market snapshot Chapter 3 Succinic Acid: Industry Analysis 3.1 Introduction 3.2 Value chain analysis 3.3 Market drivers 3.3.1 Rising demand for 1,4-butanediol 3.3.1.1 Global 1,4-butanediol market volumes & revenues, 2010-2018 (Kilo Tons) (USD Million) 3.3.2 Growing demand for polyurethane 3.3.2.1 Global polyurethane market, volumes and revenues, 2010-2018 (Kilo Tons) (USD Million) 3.3.3 Increasing demand for plasticizers 3.3.3.1 Global PVC volumes, 2010 - 2018 (Million Tons) 3.3.4 Upward trend in resins, coatings, dyes and ink demand 3.3.4.1 Global paints and coatings market, volumes and revenue, 2010-2018 (Million Tons) (USD Billion) 3.3.5 Rising demand in Chinese market 3.4 Market restraints 4 Transparency Market Research
Succinic Acid Market 3.4.1 Regulatory and environmental issues 3.4.2 Volatile raw material price and high production cost 3.5 Market opportunities 3.5.1 Growing need for bio-derived succinic acid 3.5.2 Growing demand for environmentally sustainable products 3.6 Porter’s five forces analysis 3.6.1 Bargaining power of suppliers 3.6.2 Bargaining power of buyers 3.6.3 Threat of new entrants 3.6.4 Threat from substitutes 3.6.5 Degree of competition 3.7 Succinic Acid: Market attractiveness analysis 3.7.1 Succinic acid: Market attractiveness analysis 3.8 Succinic Acid: Company market share analysis 3.8.1 Succinic Acid: Company market share analysis, 2012 Chapter 4 Succinic Acid Market: Application Analysis 4.1 Global succinic acid market: Application overview 4.1.1 Global succinic acid market volumes share, by application, 2011 and 2018 4.2 Succinic acid market, by application 4.2.1 1,4 BDO 5 Transparency Market Research
Succinic Acid Market 4.2.1.1 Global succinic acid market for 1,4 BDO segment, 2010– 2018 (Tons) (USD Thousand) 4.2.2 Resins, coatings, dyes and inks 4.2.2.1 Global succinic acid market for resins, coatings, dyes and inks application, 2010– 2018 (Tons) (USD Thousand) 4.2.3 Pharmaceutical 4.2.3.1 Global succinic acid market for pharmaceuticals, 2010 – 2018 (Tons) (USD Thousand) 4.2.4 Polyurethane 4.2.4.1 Global succinic acid market for polyurethane, 2010– 2018 (Tons) (USD Thousand) 4.2.5 Food 4.2.5.1 Global succinic acid market for food segment, 2010 – 2018 (Tons) (USD Thousand) 4.2.6 Plasticizer 4.2.6.1 Global succinic acid market for plasticizer segment, 2010 – 2018 (Tons) (USD Thousand) 4.2.7 Cosmetics 4.2.7.1 Global succinic acid market for cosmetics segment, 2010– 2018 (Tons) (USD Thousand) 4.2.8 Solvents and lubricants 4.2.8.1 Global succinic acid market for solvents and lubricants segment, 2010 – 2018 (Tons) (USD Thousand) 4.2.9 De-icing Solutions 4.2.9.1 Global succinic acid market for de-icing solutions segment, 2010 – 2018 (Tons) (USD Thousand) 4.2.10 Others 6 Transparency Market Research
Succinic Acid Market 4.2.10.1 Global succinic acid market for others segment, 2010– 2018 (Tons) (USD Thousand) Chapter 5 Succinic Acid Market: Regional Analysis 5.1 Global succinic acid market: Regional overview 5.1.1 Global succinic acid market volume share by region, 2011 and 2018 5.2 Global succinic acid market, by region 5.2.1 North America 5.2.1.1 Demand for succinic acid market in North America, volume and revenue, 2010 – 2018 (Kilo Tons) (USD Million) 5.2.1.2 North America succinic acid market, by application 2010 – 2018 (Tons) 5.2.1.3 North America succinic acid market, by application 2010 – 2018 (USD Thousand) 5.2.2 Europe 5.2.2.1 Succinic acid market in Europe, volume and revenue, 2010 – 2018 (Kilo Tons) (USD Million) 5.2.2.2 Europe succinic acid market, by application 2010 – 2018 (Tons) 5.2.2.3 Europe succinic acid market, by application 2010 – 2018 (USD Thousand) 5.2.3 Asia Pacific 5.2.3.1 Succinic acid market in Asia Pacific, volume and revenue, 2010 – 2018 (Kilo Tons) (USD Million) 5.2.3.2 Asia Pacific succinic acid market, by application 2010 – 2018 (Tons) 5.2.3.3 Asia Pacific succinic acid market, by application 2010 – 2018 (USD Thousand) 5.2.4 Rest of the World (RoW) 5.2.4.1 Succinic acid market in RoW, volume and revenue, 2010 – 2018 (Kilo Tons) (USD Million) 7 Transparency Market Research
Succinic Acid Market 5.2.4.2 RoW succinic acid market, by application 2010 – 2018 (Tons) 5.2.4.3 RoW succinic acid market, by application 2010 – 2018 (USD Thousand) Chapter 6 Company Profiles 6.1 Anqing Hexing Chemical Co., Ltd. 6.1.1 Company Overview 6.1.2 Business Strategies 6.1.3 SWOT analysis 6.1.4 Recent Developments 6.2 BASF SE 6.2.1 Company Overview 6.2.2 Financial Overview 6.2.3 Business Strategies 6.2.4 SWOT analysis 6.2.5 Recent Developments 6.3 BioAmber 6.3.1 Company Overview 6.3.2 Financial Overview 6.3.3 Business Strategies 6.3.4 SWOT analysis 6.3.5 Recent Developments 8 Transparency Market Research
Succinic Acid Market 6.4 DSM 6.4.1 Company Overview 6.4.2 Financial Overview 6.4.3 Business Strategies 6.4.4 SWOT analysis 6.4.5 Recent Developments 6.5 Gadiv Petrochemical Industries Limited 6.5.1 Company overview 6.5.2 Financial overview 6.5.3 Business strategy 6.5.4 SWOT analysis 6.6 Kawasaki Kasei Chemicals 6.6.1 Company overview 6.6.2 Financial overview 6.6.3 Business strategy 6.6.4 SWOT analysis 6.7 Mitsubishi Chemical Corporation 6.7.1 Company Overview 6.7.2 Financial Overview 6.7.3 Business Strategies 9 Transparency Market Research
Succinic Acid Market 6.7.4 SWOT analysis 6.7.5 Recent Developments 6.8 Mitsui & Co. Ltd. 6.8.1 Company overview 6.8.2 Financial overview 6.8.3 Business strategy 6.8.4 SWOT analysis 6.8.5 Recent developments 6.9 Myriant Technologies 6.9.1 Company Overview 6.9.2 Business Strategies 6.9.3 SWOT analysis 6.9.4 Recent Developments 6.10 Nippon Shokubai Co., Ltd. 6.10.1 Company Overview 6.10.2 Financial Overview 6.10.3 Business Strategies 6.10.4 SWOT analysis 6.10.5 Recent Developments 6.11 PTT Global Chemical Public Co. Ltd 10 Transparency Market Research
Succinic Acid Market 6.11.1 Company overview 6.11.2 Financial Overview 6.11.3 Business strategy 6.11.4 SWOT Analysis 6.11.5 Recent developments 6.12 Purac Biochem 6.12.1 Company Overview 6.12.2 Financial Overview 6.12.3 Business Strategies 6.12.4 SWOT analysis 6.12.5 Recent Developments 6.13 Showa Denko K.K. 6.13.1 Company Overview 6.13.2 Financial Overview 6.13.3 Business Strategies 6.13.4 SWOT analysis 6.13.5 Recent Developments 6.14 Reverdia 6.14.1 Company Overview 6.14.2 Business Strategies 11 Transparency Market Research
Succinic Acid Market 6.14.3 SWOT analysis 6.14.4 Recent Developments Browse All Chemical Market Research Reports: http://www.transparencymarketresearch.com/chemical-market-reports-2.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward- looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Linkedin : https://www.linkedin.com/today/author/430748012 Browse The Market Research Blog : http://globalresearchanalysis.blogspot.in/ 12 Transparency Market Research