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Succinic Acid Market Key Highlights with Growing Opportunities 2022- Anhui Sunsing Chemicals Co, Anqing Hexing Chemical Co




(MENAFN - iCrowdNewsWire) iCrowdNewswire - Oct 29, 2018

Succinic acid is used as an intermediate chemical for a wide range of applications such as industrial, food, cosmetics, and pharmaceuticals. Until now, common source of succinic acid at industrial level was fossil fuel. However, petroleum based succinic acid shows significant carbon footprint during manufacturing process. This concern is now taken care with the development process of bio-based succinic acid from agricultural feedstock. "Presently, price of bio-succinic acid may hinder market growth as it costs higher than petroleum based succinic acid.

Bio succinic acid is primarily being used as a replacement for petrol based succinic acid in few applications such as solvents and lubricants, de-icer solutions, cosmetics, food and pharma. Furthermore, newer application such as 1,4-Butanediol (BDO), PBS, plasticizers and polyesters polyols market will accelerate the future growth of the market.

Succinic Acid market is accounted for $209.86 million in 2015 and is expected to reach $894.56 million by 2022 growing at a CAGR of 23.01%. This report describes the development of the industry by upstream & downstream, industry overall and development, key companies, as well as type segment & market application and so on, and makes a scientific prediction for the development industry prospects on the basis of analysis, finally, analyzes opportunities for investment in the industry at the end of the report.

Top Manufacturer Detail-

Anhui Sunsing Chemicals Co., Ltd., Anqing Hexing Chemical Co. Ltd., Gadiv Petrochemical Industries Ltd., Grauer & Weil (I) Ltd., Kawasaki Kasei Chemicals Ltd., Linyi Lixing Chemical Co., Ltd., Maanvi Chemicals & Fertilizers, Mitsubishi Chemical Holdings Corporation, Myriant Corporation

Get Sample Copy of the Report: https://www.reportsweb.com/inquiry & RW0001583523/sample

This Report covers the Major Players' data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

Besides, the report also covers segment data, including: type segment, industry segment etc. cover different segment market size. Also cover different industries clients' information, which is very important for the Major Players.

Table of Contents

1 Market Definition
1.1 Market Segment Overview
1.2 by Type
1.3 by End-Use / Application

2 Global Market by Vendors
2.1 Market Share
2.2 Vendor Profile
2.3 Dynamic of Vendors

3 Global Market by Type
3.1 Market Share
3.2 Introduction of End-Use by Different Products

4 Global Market by End-Use / Application
4.1 Market Share
4.2 Overview of Consumption Characteristics
4.2.1 Preference Driven
4.2.2 Substitutability
4.2.3 Influence by Strategy
4.2.4 Professional Needs

5 Global Market by Regions
5.1 Market Share
5.2 Regional Market Growth
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 South America
5.2.5 Middle East & Africa

8 Asia-Pacific Market
8.1 by Type
8.2 by End-Use / Application
8.3 by Regions

9 South America Market
9.1 by Type
9.2 by End-Use / Application
9.3 by Regions

10 Middle East & Africa Market
10.1 by Type
10.2 by End-Use / Application
10.3 by Regions

11 Market Forecast
11.1 Global Market Forecast
11.2 Market Forecast by Regions
11.3 Market Forecast by Type
11.4 Market Forecast by End-Use / Application

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Succinic Acid Market Key Highlights with Growing Opportunities 2022- Anhui Sunsing Chemicals Co, Anqing Hexing Chemical Co

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