Hexa Research Inc. Industry Research,Custom Research & Consulting Global Bio Succinic Acid Market Size, Share, Application Analysis, Growth, Trends, Competitive Scenario And Forecasts, 2012 To 2020 Industry Insights Conventionally, succinic acid was produced from petroleum raw material which was an expensive process with hazardous emissions resulting in restricted usage in health care, home & personal care industry. Hence, key market players including Succinity, BioAmber and Reverdia recently invested in R&D to produce succinic acid from bio based raw materials. These raw materials are cost effective and resulted in lowering succinic acid prices in the global market. Favorable regulatory norms are expected to be the key driving force for bio succinic acid market over the forecast period. It is used in food & beverages, personal care and chemical industry. Bio succinic acid market witnessed strategic partnerships with leading chemical companies focusing on reducing overall production costs. Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/bio-succinic-acid-industry/ Hexa Research Inc. Industry Research,Custom Research & Consulting The major factor affecting the acid growth is the substitution of maleic anhydride which is costly and has uncertain availability for manufacturing of 1,4 butanediol and derivatives including polybutylene terephtalate, gamma-butryolactone and tetrahydrofuran. Cost effective production gives an upper hand to bio succinic acid over MAN in production of BDO. Application Insights BDO was the leading application segment and accounted for over 30% in 2012. Other applications include polyester polyols, plasticizers, PBS/PBST and alkyd resins. The acid is used in food and beverage industry and pharmaceutical industry as an acid regulator. The market is expected to pose a threat to conventional petrochemical products including MAN on the industrial level and is expected to have a positive effect on the application market. Leather industry and engineering plastics are the major BDO and polyurethane end-use industries. Growing bioplastics consumption in industries is expected to increase bio succinic acid demand in plastic manufacturing companies where, polybutylene succinate (PBS) is a major raw material for bioplastics manufacturing. Bio succinic acid is being increasingly used in polyester polyols manufacturing as a renewable substitute to adipic acid which is expected to fuel market demand. Request A Sample copy of This Report @ http://www.hexaresearch.com/sample/73 Regional Insights Europe emerged as the dominant bio succinic acid regional market and accounted for over 45% of the total market in 2012. Favorable regulatory norms and preferable environment for bio based product development in the region is expected to have a positive impact on the bio succinic acid market. Asia Pacific is expected to be the fastest growing bio succinic acid market owing to rapid industrialization and growing chemical industry especially production of polyester polyols, plasticizers and alkyd resins in emerging markets including India and China. U.S. DOE classified bio succinic acid among one of the building block chemicals manufactured using biomass which will further augment market demand in North America. Table of Contents Chapter 1 Executive Summary 1.1 Bio-Succinic Acid - Industry Summary & Critical Success Factors (CSFs) Hexa Research Inc. Industry Research,Custom Research & Consulting Chapter 2 Bio-Succinic Acid Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Market Dynamics 2.4 Bio-Succinic Acid Value Chain Analysis 2.5 Key Opportunities Prioritized 2.6 Bio-Succinic Acid - Company Market Share Analysis 2.7 Bio-Succinic Acid - PESTEL Analysis 2.8 Bio-Succinic Acid Addressable Market Potential 2.9 Conventional Succinic Acid Market Outlook Chapter 3 Bio-Succinic Acid Application Outlook 3.1 BDO 3.2 Polyester Polyols 3.3 Plasticizers 3.4 PBS/PBST 3.5 Alkyd Resins 3.6 Others Browse All Renewable Chemicals Industry Research Related Reports @ http://www.hexaresearch.com/research-category/renewable-chemicals-industry/ Chapter 4 Bio-Succinic Acid Regional Outlook 4.1 North America 4.2 Europe 4.3 Asia Pacific 4.4 RoW Chapter 5 Bio Succinic Acid Competitive Landscape 5.1 BioAmber 5.2 DSM 5.3 Mitsui & Co. 5.4 Mitsubishi Chemical 5.5 Purac 5.6 Roquette Freres SA 5.7 Reverdia 5.8 Succinity Hexa Research Inc. Industry Research,Custom Research & Consulting 5.9 Myriant Chapter 6 Methodology and Scope 6.1 Research Methodology 6.2 Research Scope & Assumption 6.3 List of Data Sources Browse Full Report @ http://www.hexaresearch.com/research-report/bio-succinic-acid-industry/ About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Information: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: [email protected] Website - http://www.hexaresearch.com/ Visit our Blogs: http://hexaresearch2015.blogspot.in/
Conventionally, succinic acid was produced from petroleum raw material which was an expensive process with hazardous emissions resulting in restricted usage in health care, home & personal care industry.
© Copyright 2024 Paperzz
