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コハク酸市場の2030年までの予測:タイプ、用途、エンドユーザー、地域別の世界分析

Succinic Acid Market Forecasts to 2030 - Global Analysis By Type (Bio-based Succinic Acid and Petro-based Succinic Acid), Application, End User and By Geography


出版日
ページ情報
英文 200+ Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=144.06円
コハク酸市場の2030年までの予測:タイプ、用途、エンドユーザー、地域別の世界分析
出版日: 2024年09月06日
発行: Stratistics Market Research Consulting
ページ情報: 英文 200+ Pages
納期: 2~3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

Stratistics MRCによると、コハク酸の世界市場は2024年に3億1,060万米ドルを占め、予測期間中にCAGR 11.7%で成長し、2030年には6億330万米ドルに達する見込みです。

コハク酸は無色の結晶性固体で、融点は185~187℃です。コハク酸は主に陰イオンであるコハク酸塩として見出され、生物のエネルギー産生の重要な代謝経路であるクレブスサイクルで重要な役割を果たしています。コハク酸はジプロトン酸として、2つのプロトンを供与し、pKa値4.3と5.6の2つの連続した脱プロトン反応を起こすことができます。コハク酸は琥珀に由来し、ポリマー、樹脂、医薬品を含む様々な化学物質の合成において前駆体として使用されます。

European Bioplasticsによると、2021年のバイオプラスチックの世界市場の48%(115万トン)はパッケージングであり、これらの材料の主要な市場カテゴリーであり続ける。

バイオベースの化学薬品への需要の高まり

石油化学由来のコハク酸よりもバイオベースのコハク酸を好む傾向は、その環境に優しい性質と環境負荷の低減により強まっています。このシフトは、持続可能な製品を求める消費者の需要や、規制の厳格化が原動力となっています。バイオベースのコハク酸は、生分解性プラスチックの生産において、化学薬品に代わるものとして台頭しており、持続可能な材料への動向を活用しています。

商業化の課題

バイオベースのコハク酸は収率が低く、コスト集約的な分離工程を経るため、メーカーが競争力のある価格で生産することが難しく、その採用は限定的でした。このため、主要なバイオベースの生産工場が閉鎖され、その結果、需要が減少し、高いコストと技術的課題により設備が閉鎖され、市場の成長を阻害しています。

バイオテクノロジーの進歩

バイオテクノロジーは、バイオコハク酸を生産するための発酵プロセスの改良につながっています。微生物株と発酵条件の革新により、収量と効率が向上し、バイオベースのコハク酸は石油化学の代替品との競合が激しくなっています。この進歩は、生産コストを削減し、さまざまな用途におけるバイオコハク酸の実行可能性を高めるため、極めて重要です。

化石ベースの代替品との競合

化石ベースのコハク酸の価格が手ごろであるため、産業界はバイオベースの代替品の採用を躊躇し、持続可能な製品の採用率が鈍化する可能性があります。このような消極的な姿勢は、バイオベースの生産技術への革新や投資を抑制する可能性があります。コハク酸市場は供給過剰の問題を抱えており、特に自動車や消費者製品のような需要の低いセクターが市場の成長を牽引しています。

COVID-19の影響:

COVID-19の大流行はコハク酸市場に大きな影響を与え、サプライチェーンを混乱させ、自動車、消費者製品、医薬品などの主要セクターの需要を減少させました。ロックダウンや移動制限によって工場が閉鎖され、生産が停止したため、メーカーの売上と収益が減少しました。しかし、産業が徐々に再開されるにつれて、コハク酸、特にバイオベースの製品に対する需要の復活が予想されます。

予測期間中、バイオベースのコハク酸セグメントが最大になると予想される

バイオベースのコハク酸は、環境問題に対する意識の高まりと持続可能性へのシフトがバイオベースのコハク酸の需要を促進しているため、予測期間中に最大になると予想されます。消費者や産業界が石油化学製品に代わる環境に優しい製品を求める中、バイオコハク酸は医薬品、食品、パーソナルケア、バイオプラスチックなど様々な用途で支持を集めています。

予測期間中、風味増強剤分野が最も高いCAGRが見込まれる

風味増強剤分野は、その無毒性と抗菌特性により、予測期間中に最も高いCAGRが見込まれます。これは健康動向に合致し、持続可能な選択肢であるバイオベースのコハク酸の成長をサポートします。メーカーは、コハク酸を風味増強剤として使用することで製品を差別化し、革新的な食品オプションを求める消費者を引きつけることができます。

最大のシェアを持つ地域

予測期間中、欧州が最大の市場シェアを占めると予測されています。欧州では、消費者の間でドロップイン代替品としてバイオベース製品への嗜好が高まっているため、製品需要の停滞が予想されます。欧州では、コハク酸はパーソナルケア&化粧品業界で広く使用されています。ドイツと英国の各地に航空機メーカーが存在することが、航空宇宙セクターの成長につながった。

CAGRが最も高い地域:

北米は、同地域に新たな生産施設を建設・拡張する様々な機会が存在するため、予測期間中に最も高いCAGRを記録すると予測されます。再生可能な原料の微生物変換によるコハク酸の生産は、石油不足の時代に持続可能な開発を達成する手段として、北米で関心を集めています。

無料のカスタマイズサービス

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご提供いたします:

  • 企業プロファイル
    • 追加市場プレーヤーの包括的プロファイリング(3社まで)
    • 主要企業のSWOT分析(3社まで)
  • 地域セグメンテーション
    • 顧客の関心に応じた主要国の市場推計・予測・CAGR(注:フィージビリティチェックによる)
  • 競合ベンチマーキング
    • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

  • 概要
  • ステークホルダー
  • 調査範囲
  • 調査手法
    • データマイニング
    • データ分析
    • データ検証
    • 調査アプローチ
  • 調査情報源
    • 1次調査情報源
    • 2次調査情報源
    • 前提条件

第3章 市場動向分析

  • 促進要因
  • 抑制要因
  • 機会
  • 脅威
  • 用途分析
  • エンドユーザー分析
  • 新興市場
  • COVID-19の影響

第4章 ポーターのファイブフォース分析

  • 供給企業の交渉力
  • 買い手の交渉力
  • 代替品の脅威
  • 新規参入業者の脅威
  • 競争企業間の敵対関係

第5章 世界のコハク酸市場:タイプ別

  • バイオベースのコハク酸
  • 石油ベースのコハク酸

第6章 世界のコハク酸市場:用途別

  • ポリマーとプラスチック
  • コーティング剤と接着剤
  • バイオ燃料
  • 風味増強剤
  • 酸性度調整剤
  • 防腐剤
  • その他の用途

第7章 世界のコハク酸市場:エンドユーザー別

  • 自動車
  • パッケージ
  • テキスタイル
  • パーソナルケア
  • その他のエンドユーザー

第8章 世界のコハク酸市場:地域別

  • 北米
    • 米国
    • カナダ
    • メキシコ
  • 欧州
    • ドイツ
    • 英国
    • イタリア
    • フランス
    • スペイン
    • その他欧州
  • アジア太平洋
    • 日本
    • 中国
    • インド
    • オーストラリア
    • ニュージーランド
    • 韓国
    • その他アジア太平洋地域
  • 南米
    • アルゼンチン
    • ブラジル
    • チリ
    • その他南米
  • 中東・アフリカ
    • サウジアラビア
    • アラブ首長国連邦
    • カタール
    • 南アフリカ
    • その他中東とアフリカ

第9章 主な発展

  • 契約、パートナーシップ、コラボレーション、合弁事業
  • 買収と合併
  • 新製品発売
  • 事業拡大
  • その他の主要戦略

第10章 企業プロファイリング

  • Anhui Sunsing Chemicals
  • BASF SE
  • Corbion N.V.
  • Dow Chemicals
  • Ernesto Ventos S.A.
  • Gadiv Petrochemical Industries Ltd
  • GC Innovation America
  • Kawasaki Kasei Chemicals Ltd
  • Linyi Lixing Chemical Co. Ltd
  • Mitsubishi Chemical Corporation
  • Myriant
  • Nippon Shokubai
  • Novomer Inc
  • Parchem
  • Reverdia
  • Succinity Gmbh
  • The Chemical Company
図表

List of Tables

  • Table 1 Global Succinic Acid Market Outlook, By Region (2022-2030) ($MN)
  • Table 2 Global Succinic Acid Market Outlook, By Type (2022-2030) ($MN)
  • Table 3 Global Succinic Acid Market Outlook, By Bio-based Succinic Acid (2022-2030) ($MN)
  • Table 4 Global Succinic Acid Market Outlook, By Petro-based Succinic Acid (2022-2030) ($MN)
  • Table 5 Global Succinic Acid Market Outlook, By Application (2022-2030) ($MN)
  • Table 6 Global Succinic Acid Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
  • Table 7 Global Succinic Acid Market Outlook, By Coatings & Adhesives (2022-2030) ($MN)
  • Table 8 Global Succinic Acid Market Outlook, By Biofuels (2022-2030) ($MN)
  • Table 9 Global Succinic Acid Market Outlook, By Flavor Enhancer (2022-2030) ($MN)
  • Table 10 Global Succinic Acid Market Outlook, By Acidity Regulator (2022-2030) ($MN)
  • Table 11 Global Succinic Acid Market Outlook, By Preservative (2022-2030) ($MN)
  • Table 12 Global Succinic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 13 Global Succinic Acid Market Outlook, By End User (2022-2030) ($MN)
  • Table 14 Global Succinic Acid Market Outlook, By Automotive (2022-2030) ($MN)
  • Table 15 Global Succinic Acid Market Outlook, By Packaging (2022-2030) ($MN)
  • Table 16 Global Succinic Acid Market Outlook, By Textiles (2022-2030) ($MN)
  • Table 17 Global Succinic Acid Market Outlook, By Personal Care (2022-2030) ($MN)
  • Table 18 Global Succinic Acid Market Outlook, By Other End Users (2022-2030) ($MN)
  • Table 19 North America Succinic Acid Market Outlook, By Country (2022-2030) ($MN)
  • Table 20 North America Succinic Acid Market Outlook, By Type (2022-2030) ($MN)
  • Table 21 North America Succinic Acid Market Outlook, By Bio-based Succinic Acid (2022-2030) ($MN)
  • Table 22 North America Succinic Acid Market Outlook, By Petro-based Succinic Acid (2022-2030) ($MN)
  • Table 23 North America Succinic Acid Market Outlook, By Application (2022-2030) ($MN)
  • Table 24 North America Succinic Acid Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
  • Table 25 North America Succinic Acid Market Outlook, By Coatings & Adhesives (2022-2030) ($MN)
  • Table 26 North America Succinic Acid Market Outlook, By Biofuels (2022-2030) ($MN)
  • Table 27 North America Succinic Acid Market Outlook, By Flavor Enhancer (2022-2030) ($MN)
  • Table 28 North America Succinic Acid Market Outlook, By Acidity Regulator (2022-2030) ($MN)
  • Table 29 North America Succinic Acid Market Outlook, By Preservative (2022-2030) ($MN)
  • Table 30 North America Succinic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 31 North America Succinic Acid Market Outlook, By End User (2022-2030) ($MN)
  • Table 32 North America Succinic Acid Market Outlook, By Automotive (2022-2030) ($MN)
  • Table 33 North America Succinic Acid Market Outlook, By Packaging (2022-2030) ($MN)
  • Table 34 North America Succinic Acid Market Outlook, By Textiles (2022-2030) ($MN)
  • Table 35 North America Succinic Acid Market Outlook, By Personal Care (2022-2030) ($MN)
  • Table 36 North America Succinic Acid Market Outlook, By Other End Users (2022-2030) ($MN)
  • Table 37 Europe Succinic Acid Market Outlook, By Country (2022-2030) ($MN)
  • Table 38 Europe Succinic Acid Market Outlook, By Type (2022-2030) ($MN)
  • Table 39 Europe Succinic Acid Market Outlook, By Bio-based Succinic Acid (2022-2030) ($MN)
  • Table 40 Europe Succinic Acid Market Outlook, By Petro-based Succinic Acid (2022-2030) ($MN)
  • Table 41 Europe Succinic Acid Market Outlook, By Application (2022-2030) ($MN)
  • Table 42 Europe Succinic Acid Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
  • Table 43 Europe Succinic Acid Market Outlook, By Coatings & Adhesives (2022-2030) ($MN)
  • Table 44 Europe Succinic Acid Market Outlook, By Biofuels (2022-2030) ($MN)
  • Table 45 Europe Succinic Acid Market Outlook, By Flavor Enhancer (2022-2030) ($MN)
  • Table 46 Europe Succinic Acid Market Outlook, By Acidity Regulator (2022-2030) ($MN)
  • Table 47 Europe Succinic Acid Market Outlook, By Preservative (2022-2030) ($MN)
  • Table 48 Europe Succinic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 49 Europe Succinic Acid Market Outlook, By End User (2022-2030) ($MN)
  • Table 50 Europe Succinic Acid Market Outlook, By Automotive (2022-2030) ($MN)
  • Table 51 Europe Succinic Acid Market Outlook, By Packaging (2022-2030) ($MN)
  • Table 52 Europe Succinic Acid Market Outlook, By Textiles (2022-2030) ($MN)
  • Table 53 Europe Succinic Acid Market Outlook, By Personal Care (2022-2030) ($MN)
  • Table 54 Europe Succinic Acid Market Outlook, By Other End Users (2022-2030) ($MN)
  • Table 55 Asia Pacific Succinic Acid Market Outlook, By Country (2022-2030) ($MN)
  • Table 56 Asia Pacific Succinic Acid Market Outlook, By Type (2022-2030) ($MN)
  • Table 57 Asia Pacific Succinic Acid Market Outlook, By Bio-based Succinic Acid (2022-2030) ($MN)
  • Table 58 Asia Pacific Succinic Acid Market Outlook, By Petro-based Succinic Acid (2022-2030) ($MN)
  • Table 59 Asia Pacific Succinic Acid Market Outlook, By Application (2022-2030) ($MN)
  • Table 60 Asia Pacific Succinic Acid Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
  • Table 61 Asia Pacific Succinic Acid Market Outlook, By Coatings & Adhesives (2022-2030) ($MN)
  • Table 62 Asia Pacific Succinic Acid Market Outlook, By Biofuels (2022-2030) ($MN)
  • Table 63 Asia Pacific Succinic Acid Market Outlook, By Flavor Enhancer (2022-2030) ($MN)
  • Table 64 Asia Pacific Succinic Acid Market Outlook, By Acidity Regulator (2022-2030) ($MN)
  • Table 65 Asia Pacific Succinic Acid Market Outlook, By Preservative (2022-2030) ($MN)
  • Table 66 Asia Pacific Succinic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 67 Asia Pacific Succinic Acid Market Outlook, By End User (2022-2030) ($MN)
  • Table 68 Asia Pacific Succinic Acid Market Outlook, By Automotive (2022-2030) ($MN)
  • Table 69 Asia Pacific Succinic Acid Market Outlook, By Packaging (2022-2030) ($MN)
  • Table 70 Asia Pacific Succinic Acid Market Outlook, By Textiles (2022-2030) ($MN)
  • Table 71 Asia Pacific Succinic Acid Market Outlook, By Personal Care (2022-2030) ($MN)
  • Table 72 Asia Pacific Succinic Acid Market Outlook, By Other End Users (2022-2030) ($MN)
  • Table 73 South America Succinic Acid Market Outlook, By Country (2022-2030) ($MN)
  • Table 74 South America Succinic Acid Market Outlook, By Type (2022-2030) ($MN)
  • Table 75 South America Succinic Acid Market Outlook, By Bio-based Succinic Acid (2022-2030) ($MN)
  • Table 76 South America Succinic Acid Market Outlook, By Petro-based Succinic Acid (2022-2030) ($MN)
  • Table 77 South America Succinic Acid Market Outlook, By Application (2022-2030) ($MN)
  • Table 78 South America Succinic Acid Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
  • Table 79 South America Succinic Acid Market Outlook, By Coatings & Adhesives (2022-2030) ($MN)
  • Table 80 South America Succinic Acid Market Outlook, By Biofuels (2022-2030) ($MN)
  • Table 81 South America Succinic Acid Market Outlook, By Flavor Enhancer (2022-2030) ($MN)
  • Table 82 South America Succinic Acid Market Outlook, By Acidity Regulator (2022-2030) ($MN)
  • Table 83 South America Succinic Acid Market Outlook, By Preservative (2022-2030) ($MN)
  • Table 84 South America Succinic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 85 South America Succinic Acid Market Outlook, By End User (2022-2030) ($MN)
  • Table 86 South America Succinic Acid Market Outlook, By Automotive (2022-2030) ($MN)
  • Table 87 South America Succinic Acid Market Outlook, By Packaging (2022-2030) ($MN)
  • Table 88 South America Succinic Acid Market Outlook, By Textiles (2022-2030) ($MN)
  • Table 89 South America Succinic Acid Market Outlook, By Personal Care (2022-2030) ($MN)
  • Table 90 South America Succinic Acid Market Outlook, By Other End Users (2022-2030) ($MN)
  • Table 91 Middle East & Africa Succinic Acid Market Outlook, By Country (2022-2030) ($MN)
  • Table 92 Middle East & Africa Succinic Acid Market Outlook, By Type (2022-2030) ($MN)
  • Table 93 Middle East & Africa Succinic Acid Market Outlook, By Bio-based Succinic Acid (2022-2030) ($MN)
  • Table 94 Middle East & Africa Succinic Acid Market Outlook, By Petro-based Succinic Acid (2022-2030) ($MN)
  • Table 95 Middle East & Africa Succinic Acid Market Outlook, By Application (2022-2030) ($MN)
  • Table 96 Middle East & Africa Succinic Acid Market Outlook, By Polymers & Plastics (2022-2030) ($MN)
  • Table 97 Middle East & Africa Succinic Acid Market Outlook, By Coatings & Adhesives (2022-2030) ($MN)
  • Table 98 Middle East & Africa Succinic Acid Market Outlook, By Biofuels (2022-2030) ($MN)
  • Table 99 Middle East & Africa Succinic Acid Market Outlook, By Flavor Enhancer (2022-2030) ($MN)
  • Table 100 Middle East & Africa Succinic Acid Market Outlook, By Acidity Regulator (2022-2030) ($MN)
  • Table 101 Middle East & Africa Succinic Acid Market Outlook, By Preservative (2022-2030) ($MN)
  • Table 102 Middle East & Africa Succinic Acid Market Outlook, By Other Applications (2022-2030) ($MN)
  • Table 103 Middle East & Africa Succinic Acid Market Outlook, By End User (2022-2030) ($MN)
  • Table 104 Middle East & Africa Succinic Acid Market Outlook, By Automotive (2022-2030) ($MN)
  • Table 105 Middle East & Africa Succinic Acid Market Outlook, By Packaging (2022-2030) ($MN)
  • Table 106 Middle East & Africa Succinic Acid Market Outlook, By Textiles (2022-2030) ($MN)
  • Table 107 Middle East & Africa Succinic Acid Market Outlook, By Personal Care (2022-2030) ($MN)
  • Table 108 Middle East & Africa Succinic Acid Market Outlook, By Other End Users (2022-2030) ($MN)
目次
Product Code: SMRC27210

According to Stratistics MRC, the Global Succinic Acid Market is accounted for $310.6 million in 2024 and is expected to reach $603.3 million by 2030 growing at a CAGR of 11.7% during the forecast period. Succinic acid is a colorless, crystalline solid with a melting point of 185-187°C. It is primarily found in its anion, succinate, which plays a crucial role in the Krebs cycle, a key metabolic pathway for energy production in living organisms. As a diprotic acid, it can donate two protons and undergo two successive deprotonation reactions with pKa values of 4.3 and 5.6. Succinic acid is derived from amber and is used as a precursor in the synthesis of various chemicals, including polymers, resins, and pharmaceuticals

According to European Bioplastics, with 48% (1.15 million tonnes) of the global market for bioplastics in 2021, packaging will continue to be the leading market category for these materials.

Market Dynamics:

Driver:

Growing demand for bio-based chemicals

The preference for bio-based succinic acid over petrochemical-derived succinic acid is growing due to its eco-friendly nature and reduced environmental impact. This shift is driven by consumer demand for sustainable products and stricter regulations. Bio-based succinic acid is emerging as an alternative to chemicals in biodegradable plastics production, leveraging the trend towards sustainable materials.

Restraint:

Commercialization challenges

The adoption of bio-based succinic acid has been limited due to its low yields and cost-intensive separation processes, making it difficult for manufacturers to produce at competitive prices. This has led to the closure of major bio-based production plants, resulting in reduced demand and the closure of facilities due to the high costs and technical challenges which impedes the market growth.

Opportunity:

Advancements in biotechnology

Biotechnology has led to improved fermentation processes for producing bio-succinic acid. Innovations in microbial strains and fermentation conditions have increased yields and efficiency, making bio-based succinic acid more competitive with petrochemical alternatives. This advancement is crucial as it reduces production costs and enhances the viability of bio-succinic acid in various applications.

Threat:

Competition from fossil-based alternatives

The affordability of fossil-based succinic acid can deter industries from adopting bio-based alternatives, leading to slower adoption rates for sustainable products. This reluctance can stifle innovation and investment in bio-based production technologies. The market for succinic acid is experiencing oversupply issues, particularly in low-demand sectors like automotive and consumer products drives the growth of the market.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the succinic acid market, disrupting supply chains and reducing demand across key sectors such as automotive, consumer products, and pharmaceuticals. Lockdowns and movement restrictions led to factory closures and halted production, resulting in decreased sales and revenue for manufacturers. However, as industries gradually reopened, a resurgence in demand for succinic acid, particularly bio-based variants, is anticipated.

The bio-based succinic acid segment is expected to be the largest during the forecast period

The bio-based succinic acid is expected to be the largest during the forecast period owing to the rising awareness of environmental issues and the shift towards sustainability are driving demand for bio-based succinic acid. As consumers and industries seek eco-friendly alternatives to petrochemical products, bio-succinic acid is gaining traction across various applications, including pharmaceuticals, food, personal care, and bioplastics.

The flavor enhancer segment is expected to have the highest CAGR during the forecast period

The flavor enhancer segment is expected to have the highest CAGR during the forecast period due to its non-toxic and antimicrobial properties. This aligns with health trends and supports the growth of bio-based succinic acid, a sustainable option. Manufacturers can differentiate their products by using succinic acid as a flavor enhancer, attracting consumers seeking innovative food options.

Region with largest share:

Europe is projected to hold the largest market share during the forecast period the rising healthcare and agricultural sectors in the region. Europe is expected to witness a stagnant product demand due to the growing preference for bio-based products among consumers as a drop-in replacement. In Europe, succinic acid is extensively used in the personal care & cosmetics industry. The strong presence of aircraft manufacturers in various parts of Germany and the U.K. has led to the growth of the aerospace sector.

Region with highest CAGR:

North America is projected to witness the highest CAGR over the forecast period attributed to the presence of various opportunities to build and expand new production facilities in the region. The production of succinic acid from the microbial conversion of renewable feedstock has piqued interest in North America as a means to achieve sustainable development in this era of petroleum scarcity.

Key players in the market

Some of the key players in Succinic Acid market include Anhui Sunsing Chemicals, BASF SE, Corbion N.V., Dow Chemicals, Ernesto Ventos S.A., Gadiv Petrochemical Industries Ltd, GC Innovation America, Kawasaki Kasei Chemicals Ltd, Linyi Lixing Chemical Co. Ltd, Mitsubishi Chemical Corporation, Myriant, Nippon Shokubai, Novomer Inc, Parchem, Reverdia, Succinity Gmbh and The Chemical Company

Key Developments:

In September 2024, Dow announced the introduction of its first bio-circular product* for the flooring industry, an addition to the ENGAGE(TM) REN Polyolefin Elastomers (POE) product portfolio. The flooring innovation* will be used in the manufacturing of carpet tile backing to provide dimensional stability and adhesion support for fibers.

In July 2024, BASF has introduced Haptex(R) 4.0, sustainable synthetic leather that aims to address environmental concerns associated with traditional synthetic leathers. This innovative product is designed to meet the growing demand for eco-friendly materials in the fashion and automotive industries.

In July 2024, BASF and 'Pragati' extends full transparency & traceability to bio-based footwear solutions with SuCCESS code. This initiative focuses on enhancing sustainability within the footwear industry by ensuring that castor oil and its derivatives

Types Covered:

  • Bio-based Succinic Acid
  • Petro-based Succinic Acid

Applications Covered:

  • Polymers & Plastics
  • Coatings & Adhesives
  • Biofuels
  • Flavor Enhancer
  • Acidity Regulator
  • Preservative
  • Other Applications

End Users Covered:

  • Automotive
  • Packaging
  • Textiles
  • Personal Care
  • Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Application Analysis
  • 3.7 End User Analysis
  • 3.8 Emerging Markets
  • 3.9 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Succinic Acid Market, By Type

  • 5.1 Introduction
  • 5.2 Bio-based Succinic Acid
  • 5.3 Petro-based Succinic Acid

6 Global Succinic Acid Market, By Application

  • 6.1 Introduction
  • 6.2 Polymers & Plastics
  • 6.3 Coatings & Adhesives
  • 6.4 Biofuels
  • 6.5 Flavor Enhancer
  • 6.6 Acidity Regulator
  • 6.7 Preservative
  • 6.8 Other Applications

7 Global Succinic Acid Market, By End User

  • 7.1 Introduction
  • 7.2 Automotive
  • 7.3 Packaging
  • 7.4 Textiles
  • 7.5 Personal Care
  • 7.6 Other End Users

8 Global Succinic Acid Market, By Geography

  • 8.1 Introduction
  • 8.2 North America
    • 8.2.1 US
    • 8.2.2 Canada
    • 8.2.3 Mexico
  • 8.3 Europe
    • 8.3.1 Germany
    • 8.3.2 UK
    • 8.3.3 Italy
    • 8.3.4 France
    • 8.3.5 Spain
    • 8.3.6 Rest of Europe
  • 8.4 Asia Pacific
    • 8.4.1 Japan
    • 8.4.2 China
    • 8.4.3 India
    • 8.4.4 Australia
    • 8.4.5 New Zealand
    • 8.4.6 South Korea
    • 8.4.7 Rest of Asia Pacific
  • 8.5 South America
    • 8.5.1 Argentina
    • 8.5.2 Brazil
    • 8.5.3 Chile
    • 8.5.4 Rest of South America
  • 8.6 Middle East & Africa
    • 8.6.1 Saudi Arabia
    • 8.6.2 UAE
    • 8.6.3 Qatar
    • 8.6.4 South Africa
    • 8.6.5 Rest of Middle East & Africa

9 Key Developments

  • 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 9.2 Acquisitions & Mergers
  • 9.3 New Product Launch
  • 9.4 Expansions
  • 9.5 Other Key Strategies

10 Company Profiling

  • 10.1 Anhui Sunsing Chemicals
  • 10.2 BASF SE
  • 10.3 Corbion N.V.
  • 10.4 Dow Chemicals
  • 10.5 Ernesto Ventos S.A.
  • 10.6 Gadiv Petrochemical Industries Ltd
  • 10.7 GC Innovation America
  • 10.8 Kawasaki Kasei Chemicals Ltd
  • 10.9 Linyi Lixing Chemical Co. Ltd
  • 10.10 Mitsubishi Chemical Corporation
  • 10.11 Myriant
  • 10.12 Nippon Shokubai
  • 10.13 Novomer Inc
  • 10.14 Parchem
  • 10.15 Reverdia
  • 10.16 Succinity Gmbh
  • 10.17 The Chemical Company