Succinic Acid Market- Global Industry Analysis, Growth, Forecast 2012-2018

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
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Press Release
Succinic Acid Market to Expand at CAGR of 19.4% owing to
Development of Biobased Succinic Acid : TMR
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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.
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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
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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
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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
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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
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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
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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)
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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
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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
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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
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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
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6.14.3 SWOT analysis
6.14.4 Recent Developments
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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 Report With Complete TOC : http://www.transparencymarketresearch.com/succinic-acid.html