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Bio-succinic Acid Market was valued at $115.2 million, and is expected to reach $1.1 billion by 2020, supported by a CAGR of 45.6%.
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Bio-Succinic Acid Market Volume is Expected to Reach $1.1 Billion, Globally, by 2020
Introduction • Global Bio-Succinic Acid Market is expected to garner $1.1 billion by 2020, registering a CAGR of 45.6% during the period 2013-2020. • Increase in demand of bio-based chemicals is the major driver for this market. • The U.S. Department of Energy (USDOE) considers succinic acid as one among the top twelve chemical building blocks. • Various industrial application markets analyzed in the study includes BDO, polyester polyols, PBS, plasticizers, resins, coatings, & pigments, solvents & lubricants, alkyd resins, and de-icer solutions. • Among the four geographic markets, namely North America, Europe, Asia Pacific and RoW; Europe was the largest consumer in bio succinic acid market in 2013.
The report provides in-depth analysis of the current market scenario and offers expected future trends that would assist stakeholders in taking strategic and actionable decisions • Quantitative analysis of the Bio succinic Acid Market and estimations through 2013-2020 in terms of volume (Kilo Tons) and value ($Million) • Analysis of the market factors in various geographic regions and business opportunities presented • Identification of key investment pockets for various applications, services and geographies • Identification of key players and their business performance analysis based on strategies followed by them Key Benefits Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request-sample/178
MarketSegmentation • BY APPLICATION • Industrial Application • 1,4-Butanediol (BDO) • Polyester Polyols • PBS • Plasticizers • Solvents & lubricants • Alkyd Resins • Resins, coatings, pigments • De-icer solutions • Food Application • Pharma Application • Cosmetics Application • Others • BY GEOGRAPHY • North America • Europe • Asia Pacific • RoW
BioAmber, • Myraint, • DSM, • Mitsui & Co, • Mitsubishi, • BASF, • Others Key Players of theMarket For purchase enquiry, visit @https://www.alliedmarketresearch.com/purchase-enquiry/178
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