Succinic Acid

Succinic Acid Market Report Forecast, 2026
Succinic acid is either extracted from amber, manufactured synthetically or
prepared through a fermentation process. Succinic acid is used as a supplement
to treat arthritis and other pain as well as the hot flashes and irritability
associated with menopause. Succinic is also used to some extent in the textile
industry for shrink proofing wool and as a modifier for various processes such
as improving dyeing ability of polyester resin, improving fire resistance,
viscosity and stability of caprolactum. Succinic acid, also known as succinate is
present in the tissues of animals and plants, where it plays a key role in the
metabolic process. The name succinic acid is derived from the Latin
‘succinum’, meaning amber, and earlier it was also known as "spirit of amber."
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Succinic acid is used to make lacquers, resins, and other coatings as its use
advances the hardness and flexibility of these materials and reduces drying
times compared to similar products that use petrochemicals. It is also used in the
manufacture of adhesives and sealants, dyes, in photography and in the
manufacture of some polyesters. It is used as an additive to regulate acidity in
foods and medicines for humans and animals.
In agriculture succinic acid is used as root stimulator for grapes, in seed
treatment to enhance germination, as a component for barley seed antismut
treatment, soil chelating agent and for accelerating and regulating plant growth.
Asia Pacific and North America are expected to be the most potential markets
for plastic additives manufacturers. Asia Pacific is projected to witness
relatively high growth in terms of value over the forecast period. This is mainly
attributed to the anticipated growth in pharmaceutical industry, especially in
developing countries such as China and India.
BioAmber, a leading manufacturer of succinic acid which has application in the
production of industrial lubricants, paints and coatings, cosmetics and personal
care products, sealants, adhesives, artificial leathers, food and flavor additives,
biodegradable plastics, nylons, dyes & pigments, phthalate-free plasticizers and
pharmaceutical compounds. Some of the major companies operating in the
global succinic acid market include Mitsubishi Chemical Holdings, Kawasaki
Kasei Chemicals Ltd., BioAmber, Myriant , Reverdia (Netherlands), Succinity,
Nippon Shokubai, , Linyi Lixing Chemical Co., Ltd, , Anhui Sunsing
Chemicals, and Gadiv Petrochemical Industries Ltd.
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Succinic Acid Market report categorizes global market by product type, and end-use industry Segmented By Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024