バイオコハク酸の世界市場：プロセスタイプ別、用途別、エンドユーザー別、地域別の分析、規模、動向、COVID-19の影響、予測（～2030年）

世界のバイオコハク酸の市場規模は、2024年に1億4,767万米ドルでした。2030年までに3億1,139万米ドルに達すると予測されています。バイオコハク酸は石油由来のコハク酸に代わる再生可能な植物由来の代替品で、植物の糖の発酵によって生産されます。バイオプラスチック、医薬品、食品、パーソナルケア製品などのさまざまな産業で使用され、石油化学ベースの化学品に代わる環境にやさしいソリューションを提供します。

今後数年間、バイオコハク酸市場は、複数の動向の収束により成長を続けると予測されます。主な要因の1つは、石油化学ベースの製品に代わる、持続可能で環境にやさしい製品への需要の高まりです。再生可能なバイオマス資源に由来するバイオコハク酸は、プラスチック、溶剤、その他の化学品の生産に環境にやさしいソリューションを提供し、二酸化炭素排出と化石燃料への依存を削減する世界の取り組みに合致しています。持続可能性が重視され、特に包装や消費財産業では生分解性プラスチックの必要性が高まっているため、バイオコハク酸の需要はさらに高まっています。生物工学と発酵プロセスにおける技術の進歩も、バイオコハク酸生産の効率と費用対効果を高めています。さらに、世界各国の政府が再生可能資源やグリーンケミストリーの導入を促進するために有利な政策やインセンティブを実施しており、バイオコハク酸のようなバイオベースの化学品へのシフトを加速させています。これらの要因が組み合わさり、世界のバイオコハク酸市場は今後数年間に安定して成長する見通しです。市場は、2025年～2030年の予測期間にCAGRで約13%の成長が見込まれます。

当レポートでは、世界のバイオコハク酸市場について調査分析し、市場力学、COVID-19の影響、競合情勢などの情報を提供しています。

目次

第1章 エグゼクティブサマリー

第2章 イントロダクション

• バイオコハク酸：概要
  • バイオコハク酸のイントロダクション
  • 従来のコハク酸に対する、バイオコハク酸の使用の主な利点
• バイオコハク酸のセグメンテーション：概要
  • バイオコハク酸のセグメンテーション

第3章 世界市場の分析

• 世界のバイオコハク酸市場：分析
  • 世界のバイオコハク酸市場：概要
  • 世界のバイオコハク酸の市場規模
  • 世界のバイオコハク酸市場：プロセスタイプ別（硫酸アンモニウムプロセス、直接結晶化プロセス、電気透析プロセス）
  • 世界のバイオコハク酸市場：用途別（1,4-ブタンジオール、ポリエステルポリオール、可塑剤、ポリブチレンサクシネート、溶剤・コーティング、その他）
  • 世界のバイオコハク酸市場：エンドユーザー別（工業、食品・飲料、医薬品、パーソナルケア・化粧品、その他）
  • バイオコハク酸市場：地域別（欧州、北米、アジア太平洋、その他の地域）
• 世界のバイオコハク酸市場：プロセスタイプの分析
  • 世界のバイオコハク酸市場の概要：プロセスタイプ別
  • 世界の硫酸アンモニウムプロセスのバイオコハク酸の市場規模
  • 世界の直接結晶化プロセスのバイオコハク酸の市場規模
  • 世界の電気透析プロセスのバイオコハク酸の市場規模
• 世界のバイオコハク酸市場：用途の分析
  • 世界のバイオコハク酸市場：用途別、概要
  • 世界の1,4-ブタンジオール向けバイオコハク酸の市場規模
  • 世界のポリエステルポリオール向けバイオコハク酸の市場規模
  • 世界の可塑剤向けバイオコハク酸の市場規模
  • 世界のポリブチレンサクシネート向けバイオコハク酸の市場規模
  • 世界の溶剤・コーティング向けバイオコハク酸の市場規模
  • 世界のその他のバイオコハク酸の市場規模
• 世界のバイオコハク酸市場：エンドユーザーの分析
  • 世界のバイオコハク酸市場：エンドユーザー別、概要
  • 世界の工業向けバイオコハク酸の市場規模
  • 世界の食品・飲料向けバイオコハク酸の市場規模
  • 世界の医薬品向けバイオコハク酸の市場規模
  • 世界のパーソナルケア・化粧品向けバイオコハク酸の市場規模
  • 世界のその他のバイオコハク酸の市場規模

第4章 地域市場の分析

• 欧州のバイオコハク酸市場：分析
  • 欧州のバイオコハク酸市場：概要
  • 欧州のバイオコハク酸の市場規模
  • 欧州のバイオコハク酸市場：地域別
  • ドイツのバイオコハク酸の市場規模
  • フランスのバイオコハク酸の市場規模
  • 英国のバイオコハク酸の市場規模
  • イタリアのバイオコハク酸の市場規模
  • スペインのバイオコハク酸の市場規模
  • その他の欧州のバイオコハク酸の市場規模
• 北米のバイオコハク酸市場：分析
  • 北米のバイオコハク酸市場：概要
  • 北米のバイオコハク酸の市場規模
  • 北米のバイオコハク酸市場：地域別
  • 米国のバイオコハク酸の市場規模
  • カナダのバイオコハク酸の市場規模
  • メキシコのバイオコハク酸の市場規模
• アジア太平洋のバイオコハク酸市場：分析
  • アジア太平洋のバイオコハク酸市場：概要
  • アジア太平洋のバイオコハク酸の市場規模
  • アジア太平洋のバイオコハク酸市場
  • 中国のバイオコハク酸の市場規模
  • 日本のバイオコハク酸の市場規模
  • インドのバイオコハク酸の市場規模
  • 韓国のバイオコハク酸の市場規模
  • その他のアジア太平洋のバイオコハク酸の市場規模
• その他の地域のバイオコハク酸市場：分析
  • その他の地域のバイオコハク酸市場：概要
  • その他の地域のバイオコハク酸の市場規模

第5章 COVID-19の影響

• 世界のバイオコハク酸市場に対するCOVID-19の影響
• 世界のバイオコハク酸市場に対するCOVID-19後の影響

第6章 市場力学

• 成長促進要因
  • バイオベースのプラスチックとポリマーの需要の加速
  • 食品添加物への応用の拡大
  • バイオベース製品を優遇する政府の規制と政策
  • 再生可能エネルギー源との統合の拡大
  • 持続可能性と環境にやさしい製品への移行の進行
• 課題
  • コハク酸価格の変動
  • 石油由来の代替品に比べて高い生産コスト
  • 費用対効果の高い原料の限られた利用可能性
• 市場動向
  • 医薬品への応用の拡大
  • 生産プロセスにおける技術の進歩
  • 再生可能原料への注目の高まり
  • 循環型経済モデルの採用
  • バイオテクノロジーと化学産業の連携

第7章 競合情勢

• 世界のバイオコハク酸市場：競合情勢
• 世界のバイオコハク酸市場の企業：製品の比較

第8章 企業プロファイル

• BASF SE
• DSM-Firmenich AG
• Roquette Freres SA
• Mitsui & Co., Ltd.
• Mitsubishi Chemical Group Corporation
• PTT Global Chemical Public Company Limited (PTTGC)
• Nippon Shokubai Co., Ltd
• Dow Inc. (The Dow Chemical Company)
• Corbion N.V.
• Air Water Inc. (Air Water Performance Chemical Inc.)
• LCY Chemical Corp.
• Wego Chemical Group

List of Tables

• Table 1: Price Comparison of Succinic Acid; 2023-2024 (USD/MT)
• Table 2: Global Bio-Succinic Acid Market Players: Product Comparison

List of Figures

• Figure 1: Key Benefits of Using Bio-Succinic Acid over Traditional Succinic Acid
• Figure 2: Bio-Succinic Acid Segmentation
• Figure 3: Global Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 4: Global Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 5: Global Bio-Succinic Acid Market by Process Type; 2024 (Percentage, %)
• Figure 6: Global Bio-Succinic Acid Market by Application; 2024 (Percentage, %)
• Figure 7: Global Bio-Succinic Acid Market by End-User; 2024 (Percentage, %)
• Figure 8: Global Bio-Succinic Acid Market by Region; 2024 (Percentage, %)
• Figure 9: Global Ammonium Sulphate Process Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 10: Global Ammonium Sulphate Process Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 11: Global Direct Crystallization Process Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 12: Global Direct Crystallization Process Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 13: Global Electrodialysis Process Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 14: Global Electrodialysis Process Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 15: Global 1, 4-Butanediol Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 16: Global 1, 4-Butanediol Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 17: Global Polyester Polyols Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 18: Global Polyester Polyols Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 19: Global Plasticizers Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 20: Global Plasticizers Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 21: Global Polybutylene Succinate Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 22: Global Polybutylene Succinate Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 23: Global Solvents & Coatings Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 24: Global Solvents & Coatings Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 25: Global Others Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 26: Global Others Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 27: Global Industrial Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 28: Global Industrial Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 29: Global Food & Beverages Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 30: Global Food & Beverages Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 31: Global Pharmaceuticals Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 32: Global Pharmaceuticals Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 33: Global Personal Care & Cosmetics Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 34: Global Personal Care & Cosmetics Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 35: Global Others Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 36: Global Others Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 37: Europe Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 38: Europe Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 39: Europe Bio-Succinic Acid Market by Region; 2024 (Percentage, %)
• Figure 40: Germany Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 41: Germany Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 42: France Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 43: France Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 44: The UK Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 45: The UK Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 46: Italy Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 47: Italy Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 48: Spain Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 49: Spain Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 50: Rest of Europe Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 51: Rest of Europe Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 52: North America Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 53: North America Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 54: North America Bio-Succinic Acid Market by Region; 2024 (Percentage, %)
• Figure 55: The US Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 56: The US Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 57: Canada Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 58: Canada Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 59: Mexico Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 60: Mexico Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 61: Asia Pacific Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 62: Asia Pacific Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 63: Asia Pacific Bio-Succinic Acid Market by Region; 2024 (Percentage, %)
• Figure 64: China Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 65: China Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 66: Japan Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 67: Japan Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 68: India Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 69: India Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 70: South Korea Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 71: South Korea Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 72: Rest of Asia Pacific Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 73: Rest of Asia Pacific Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 74: Rest of the World Bio-Succinic Acid Market by Value; 2020-2024 (US$ Million)
• Figure 75: Rest of the World Bio-Succinic Acid Market by Value; 2025-2030 (US$ Million)
• Figure 76: Global Bioplastic Production Capacity; 2023-2028 (1000 Tonnes)
• Figure 77: Global Processed Foods Market; 2022-2027 (US$ Trillion)
• Figure 78: Global Biopharmaceuticals Market Revenue Forecast; 2022-2030 (US$ Billion)
• Figure 79: BASF SE Sales by Segments; 2024 (Percentage, %)
• Figure 80: DSM-Firmenich AG Sales by Segment; 2024 (Percentage, %)
• Figure 81: Roquette Freres SA Sales by Global Business Units; 2023 (Percentage, %)
• Figure 82: Mitsui & Co., Ltd. Revenue by Segment; 2024 (Percentage, %)
• Figure 83: Mitsubishi Chemical Group Corporation Revenue by Segments; 2023 (Percentage, %)
• Figure 84: PTT Global Chemical Public Co., Ltd. Sales Revenue by Business Unit; 2024 (Percentage, %)
• Figure 85: Nippon Shokubai Co., Ltd. Revenue by Segments; 2023 (Percentage,%)
• Figure 86: Dow Inc. Net Sales by Segments; 2024 (Percentage,%)
• Figure 87: Corbion N.V. Net Sales by Segment; 2024 (Percentage, %)
• Figure 88: Air Water Inc. Revenue by Segments; 2023 (Percentage,%)

The global bio-succinic acid market was valued at US$147.67 million in 2024. The market value is expected to reach US$311.39 million by 2030. Bio-succinic acid is a renewable, plant-based alternative to petroleum-derived succinic acid, produced through fermentation of plant sugars. It is used in various industries such as bioplastics, pharmaceuticals, food, and personal care products, offering an eco-friendly solution to replace petrochemical-based chemicals.

In the forthcoming years, the bio-succinic acid market is expected to continue growing due to several converging trends. One key factor is the increasing demand for sustainable and eco-friendly alternatives to petrochemical-based products. Bio-succinic acid, derived from renewable biomass sources, offers a greener solution for the production of plastics, solvents, and other chemicals, aligning with global efforts to reduce carbon emissions and dependence on fossil fuels. The growing emphasis on sustainability and the need for biodegradable plastics, particularly in packaging and consumer goods industries, is further fueling the demand for bio-succinic acid. Technological advancements in bioengineering and fermentation processes are also enhancing the efficiency and cost-effectiveness of bio-succinic acid production. Moreover, governments worldwide are implementing favorable policies and incentives to promote the adoption of renewable resources and green chemistry, which are accelerating the shift toward bio-based chemicals like bio-succinic acid. Together, these factors position the global bio-succinic acid market for steady growth in the years ahead. The market is expected to grow at a CAGR of approx. 13% during the forecasted period of 2025-2030.

Market Segmentation Analysis:

By Process Type: The report provides the bifurcation of the bio-succinic acid market into three segments on the basis of process type: Ammonium Sulphate Process, Direct Crystallization Process, and Electrodialysis Process. The ammonium sulphate process segment held a significant share of the global market. The method's simplicity, lower energy consumption, and the growing demand for sustainable, bio-based chemicals contribute to its continued dominance. Additionally, governmental incentives for green chemistry and the rising preference for eco-friendly alternatives to petrochemical-based products support its growth. As industries seek greener solutions, the ammonium sulfate process remains a preferred choice for large-scale bio-succinic acid production, with potential for further improvements in sustainability and cost-efficiency.

By Application: The report provides the bifurcation of the bio-succinic acid market into six segments on the basis of application: 1, 4-Butanediol, Polyester Polyols, Plasticizers, Polybutylene Succinate, Solvents & Coatings, and Others. 1, 4-Butanediol is the largest segment of the global bio-succinic acid market. The demand for bio-based BDO is driven by the growing need for eco-friendly chemicals and materials, particularly in industries like automotive, textiles, and electronics. The increasing adoption of green chemistry and rising regulatory pressure to reduce carbon footprints are key factors supporting the growth of the bio-based BDO segment. As industries shift toward sustainable production methods, the 1, 4-butanediol segment is poised for continuous growth, driven by advancements in bio-based production processes.

By End User: The report provides the split of global bio-succinic acid market into five segments in terms of end-user: Industrial, Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics and Others. The industrial segment holds the highest market share in the global bio-succinic acid market due to several factors. First, bio-succinic acid is widely used in the production of bio-based plastics, which are increasingly in demand for their eco-friendly properties. Second, it serves as a key intermediate in manufacturing solvents, coatings, and adhesives, all of which are integral to various industrial applications. Third, the growing emphasis on sustainable materials in industries such as packaging, automotive, and textiles further drives demand. Additionally, technological advancements in bio-succinic acid production processes have made it a more cost-effective and scalable option for industrial uses. These factors collectively position the industrial segment as the largest contributor to the bio-succinic acid market.

By Region: In the report, the global bio-succinic acid market is divided into four regions: North America (the US, Canada, and Mexico), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, and rest of Asia Pacific), and Rest of the World. In 2024, the Europe region led the bio-succinic acid market, propelled by propelled by several key factors. Europe has a strong commitment to sustainability, with stringent environmental regulations that promote the use of renewable, bio-based chemicals like bio-succinic acid. The region also hosts major bio-succinic acid producers and has well-established bio-manufacturing infrastructure, which supports the growth of the market. In addition, policies across the European Union focus on reducing carbon emissions and promoting green chemistry, encouraging the adoption of bio-succinic acid in industries such as packaging, automotive, and consumer good.

During 2025-2030, the US is forecasted to maintain its lead within the North America bio-succinic acid market, due to a strong focus on sustainability driven by consumer demand and government policies promoting renewable energy and green chemistry, advanced manufacturing capabilities, and leading bio-succinic acid producers. The growing adoption of bio-based chemicals in industries such as packaging, and consumer goods, along with increasing investments in research and development to improve bio-succinic acid production technologies, also contribute to the US maintaining its dominant position in the region.

Market Dynamics:

Growth Drivers: The global bio-succinic acid market growth is predicted to be supported by numerous growth drivers such as accelerating demand for bio-based plastics and polymers, growing application in food additives, government regulations and policies favoring bio-based products, rising integration with renewable energy sources, and many other factors. The growing shift toward sustainability and eco-friendly products is a key driver of the global bio-succinic acid market. As environmental concerns rise, consumers, businesses, and governments are focusing on reducing carbon footprints and adopting renewable alternatives to petroleum-based products. Bio-succinic acid, derived from renewable resources like corn and sugarcane, offers a biodegradable and environmentally friendly option with lower greenhouse gas emissions and energy requirements compared to petrochemical-based succinic acid. This demand for sustainable products is evident across industries like packaging, automotive, textiles, and personal care. Stricter environmental regulations and the push for a circular economy further drive the adoption of bio-based chemicals like bio-succinic acid, accelerating its market growth.

Challenges: However, the market growth would be negatively impacted by various challenges such as high production costs compared to petroleum-based alternatives, limited availability of cost-effective feedstocks, etc.

Trends: The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as expanding applications in pharmaceuticals, technological advancements in the production processes, adoption of circular economy models, collaboration between biotechnology and chemical industries, etc. The surging focus on renewable feedstocks is becoming a key trend in the bio-succinic acid market due to the shift from food-based feedstocks like corn and sugarcane to non-food biomass such as agricultural waste, forest residues, and algae, which reduces competition with food resources and addresses sustainability concerns. The use of lignocellulosic biomass, including materials like straw and wood, provides a more cost-effective and environmentally friendly source of carbon. This change also lowers greenhouse gas emissions and production costs, leading to more efficient and eco-friendly manufacturing processes. As renewable feedstocks become more accessible and economically viable, they enable larger-scale production of bio-succinic acid, meeting the rising demand for sustainable products in industries like packaging and consumer goods. This focus on renewable feedstocks accelerates the adoption of bio-succinic acid, driving market growth.

Impact Analysis of COVID-19 and Way Forward:

The COVID-19 pandemic significantly disrupted the global bio-succinic acid market due to supply chain disruptions, reduced demand in key industries, and delays in production. Many bio-succinic acid manufacturers faced challenges in sourcing raw materials and maintaining production schedules. However, post-pandemic recovery, along with a renewed focus on sustainability and green chemistry, is driving the market's rebound. The growing demand for eco-friendly alternatives to petroleum-based chemicals, coupled with advancements in bio-manufacturing technologies, is fueling market growth. Additionally, the increasing adoption of renewable feedstocks and stricter environmental regulations in the post-COVID era are further accelerating the adoption of bio-succinic acid across industries like packaging, textiles, and consumer goods. The post-COVID impact has also led to increased investments in sustainable practices, creating a favorable environment for the bio-succinic acid market to thrive in the coming years.

Competitive Landscape:

The global bio-succinic acid market is primarily concentrated among leading chemical manufacturers, however, the presence of smaller companies introduces a level of fragmentation, resulting in a market that is largely concentrated with pockets of fragmentation. The key players in the global bio-succinic acid market are:

BASF SE

DSM-Firmenich AG

Roquette Freres SA

Mitsui & Co., Ltd.

Mitsubishi Chemical Group Corporation

PTT Global Chemical Public Company Limited (PTTGC)

Nippon Shokubai Co., Ltd

Dow Inc. (The Dow Chemical Company)

Corbion N.V.

Air Water Inc. (Air Water Performance Chemical Inc.)

LCY Chemical Corp.

Wego Chemical Group

The key players also focus on strategies such as investments in research and development activities, and expanding production capacities. For instance, in September 2024, Mitsubishi Corporation and Exxon Mobil Corporation have signed a Project Framework Agreement for Mitsubishi Corporation's participation in ExxonMobil's facility in Baytown, Texas which is expected to produce virtually carbon-free hydrogen with approximately 98% of carbon dioxide (CO2) removed and low-carbon ammonia. Similarly, in July 2024, BASF and ENGIE signed a 7-year Biomethane Purchase Agreement (BPA). Under the BPA, ENGIE will supply BASF with 2.7 to 3.0 terawatt hours of biomethane throughout the term of the agreement. BASF uses certified biomethane at its Ludwigshafen/Germany and Antwerp/Belgium sites as a sustainable alternative to fossil raw materials in its manufacturing process.

Table of Contents

1. Executive Summary

2. Introduction

• 2.1 Bio-Succinic Acid: An Overview
  • 2.1.1 Introduction to Bio-Succinic Acid
  • 2.1.2 Key Benefits of Using Bio-Succinic Acid over Traditional Succinic Acid
• 2.2 Bio-Succinic Acid Segmentation: An Overview
  • 2.2.1 Bio-Succinic Acid Segmentation

3. Global Market Analysis

• 3.1 Global Bio-Succinic Acid Market: An Analysis
  • 3.1.1 Global Bio-Succinic Acid Market: An Overview
  • 3.1.2 Global Bio-Succinic Acid Market by Value
  • 3.1.3 Global Bio-Succinic Acid Market by Process Type (Ammonium Sulphate Process, Direct Crystallization Process, and Electrodialysis Process)
  • 3.1.4 Global Bio-Succinic Acid Market by Application (1, 4-Butanediol, Polyester Polyols, Plasticizers, Polybutylene Succinate, Solvents & Coatings, and Others)
  • 3.1.5 Global Bio-Succinic Acid Market by End-User (Industrial, Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics and Others)
  • 3.1.6 Global Bio-Succinic Acid Market by Region (Europe, North America, Asia Pacific, and rest of the World)
• 3.2 Global Bio-Succinic Acid Market: Process Type Analysis
  • 3.2.1 Global Bio-Succinic Acid Market by Process Type: An Overview
  • 3.2.2 Global Ammonium Sulphate Process Bio-Succinic Acid Market by Value
  • 3.2.3 Global Direct Crystallization Process Bio-Succinic Acid Market by Value
  • 3.2.4 Global Electrodialysis Process Bio-Succinic Acid Market by Value
• 3.3 Global Bio-Succinic Acid Market: Application Analysis
  • 3.3.1 Global Bio-Succinic Acid Market by Application: An Overview
  • 3.3.2 Global 1, 4-Butanediol Bio-Succinic Acid Market by Value
  • 3.3.3 Global Polyester Polyols Bio-Succinic Acid Market by Value
  • 3.3.4 Global Plasticizers Bio-Succinic Acid Market by Value
  • 3.3.5 Global Polybutylene Succinate Bio-Succinic Acid Market by Value
  • 3.3.6 Global Solvents & Coatings Bio-Succinic Acid Market by Value
  • 3.3.7 Global Others Bio-Succinic Acid Market by Value
• 3.4 Global Bio-Succinic Acid Market: End-User Analysis
  • 3.4.1 Global Bio-Succinic Acid Market by End-User: An Overview
  • 3.4.2 Global Industrial Bio-Succinic Acid Market by Value
  • 3.4.3 Global Food & Beverages Bio-Succinic Acid Market by Value
  • 3.4.4 Global Pharmaceuticals Bio-Succinic Acid Market by Value
  • 3.4.5 Global Personal Care & Cosmetics Bio-Succinic Acid Market by Value
  • 3.4.6 Global Others Bio-Succinic Acid Market by Value

4. Regional Market Analysis

• 4.1 Europe Bio-Succinic Acid Market: An Analysis
  • 4.1.1 Europe Bio-Succinic Acid Market: An Overview
  • 4.2.2 Europe Bio-Succinic Acid Market by Value
  • 4.2.3 Europe Bio-Succinic Acid Market by Region
  • 4.2.4 Germany Bio-Succinic Acid Market by Value
  • 4.2.5 France Bio-Succinic Acid Market by Value
  • 4.2.6 The UK Bio-Succinic Acid Market by Value
  • 4.2.7 Italy Bio-Succinic Acid Market by Value
  • 4.2.8 Spain Bio-Succinic Acid Market by Value
  • 4.2.9 Rest of Europe Bio-Succinic Acid Market by Value
• 4.2 North America Bio-Succinic Acid Market: An Analysis
  • 4.2.1 North America Bio-Succinic Acid Market: An Overview
  • 4.2.2 North America Bio-Succinic Acid Market by Value
  • 4.2.3 North America Bio-Succinic Acid Market by Region
  • 4.2.4 The US Bio-Succinic Acid Market by Value
  • 4.2.5 Canada Bio-Succinic Acid Market by Value
  • 4.2.6 Mexico Bio-Succinic Acid Market by Value
• 4.3 Asia Pacific Bio-Succinic Acid Market: An Analysis
  • 4.3.1 Asia Pacific Bio-Succinic Acid Market: An Overview
  • 4.3.2 Asia Pacific Bio-Succinic Acid Market by Value
  • 4.3.3 Asia Pacific Bio-Succinic Acid Market by Region
  • 4.3.4 China Bio-Succinic Acid Market by Value
  • 4.3.5 Japan Bio-Succinic Acid Market by Value
  • 4.3.6 India Bio-Succinic Acid Market by Value
  • 4.3.7 South Korea Bio-Succinic Acid Market by Value
  • 4.3.8 Rest of Asia Pacific Bio-Succinic Acid Market by Value
• 4.4 Rest of the World Bio-Succinic Acid Market: An Analysis
  • 4.4.1 Rest of the World Bio-Succinic Acid Market: An Overview
  • 4.4.2 Rest of the World Bio-Succinic Acid Market by Value

5. Impact of COVID-19

• 5.1 Impact of COVID-19 on Global Bio-Succinic Acid Market
• 5.2 Post COVID-19 Impact on Global Bio-Succinic Acid Market

6. Market Dynamics

• 6.1 Growth Drivers
  • 6.1.1 Accelerating Demand for Bio-based Plastics and Polymers
  • 6.1.2 Growing Application in Food Additives
  • 6.1.3 Government Regulations and Policies Favoring Bio-based Products
  • 6.1.4 Rising Integration with Renewable Energy Sources
  • 6.1.5 Increasing Shift Towards Sustainability and Eco-friendly Products
• 6.2 Challenges
  • 6.2.1 Fluctuations in Succinic Acid Prices
  • 6.2.2 High Production Costs Compared to Petroleum-Based Alternatives
  • 6.2.3 Limited Availability of Cost-Effective Feedstocks
• 6.3 Market Trends
  • 6.3.1 Expanding Applications in Pharmaceuticals
  • 6.3.2 Technological Advancements in the Production Processes
  • 6.3.3 Surging Focus on Renewable Feedstocks
  • 6.3.4 Adoption of Circular Economy Models
  • 6.3.5 Collaboration Between Biotechnology and Chemical Industries

7. Competitive Landscape

• 7.1 Global Bio-Succinic Acid Market: Competitive Landscape
• 7.2 Global Bio-Succinic Acid Market Players: Product Comparison

8. Company Profiles

• 8.1 BASF SE
  • 8.1.1 Business Overview
  • 8.1.2 Operating Segments
  • 8.1.3 Business Strategy
• 8.2 DSM-Firmenich AG
  • 8.2.1 Business Overview
  • 8.2.2 Operating Segments
  • 8.2.3 Business Strategy
• 8.3 Roquette Freres SA
  • 8.3.1 Business Overview
  • 8.3.2 Operating Segments
  • 8.3.3 Business Strategy
• 8.4 Mitsui & Co., Ltd.
  • 8.4.1 Business Overview
  • 8.4.2 Operating Segments
  • 8.4.3 Business Strategy
• 8.5 Mitsubishi Chemical Group Corporation
  • 8.5.1 Business Overview
  • 8.5.2 Operating Segments
  • 8.5.3 Business Strategy
• 8.6 PTT Global Chemical Public Company Limited (PTTGC)
  • 8.6.1 Business Overview
  • 8.6.2 Operating Segments
  • 8.6.3 Business Strategies
• 8.7 Nippon Shokubai Co., Ltd
  • 8.7.1 Business Overview
  • 8.7.2 Operating Segments
  • 8.7.3 Business Strategy
• 8.8 Dow Inc. (The Dow Chemical Company)
  • 8.8.1 Business Overview
  • 8.8.2 Operating Segments
  • 8.8.3 Business Strategy
• 8.9 Corbion N.V.
  • 8.9.1 Business Overview
  • 8.9.2 Operating Segments
  • 8.9.3 Business Strategy
• 8.10 Air Water Inc. (Air Water Performance Chemical Inc.)
  • 8.10.1 Business Overview
  • 8.10.2 Operating Segments
  • 8.10.3 Business Strategy
• 8.11 LCY Chemical Corp.
  • 8.11.1 Business Overview
  • 8.11.2 Business Strategy
• 8.12 Wego Chemical Group
  • 8.12.1 Business Overview
  • 8.12.2 Business Strategy