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. View More Details About Global Bio Succinic Acid Market With Toc: http://www.hexaresearch.com/research-report/bio-succinic-acid-industry/ 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. . These raw materials are cost effective and resulted in lowering succinic acid prices in the global market.
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) View More Details About Global Bio Succinic Acid Market With Toc: http://www.hexaresearch.com/research-report/bio-succinic-acid-industry/ 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
Chapter 4 Bio-Succinic Acid Regional Outlook 4.1 North America 4.2 Europe 4.3 Asia Pacific 4.4 RoW View More Details About Global Bio Succinic Acid Market With Toc: http://www.hexaresearch.com/research-report/bio-succinic-acid-industry/ Chapter 5 Bio Succinic Acid Competitive Landscape 5.1 BioAmber 5.1.1 Company Overview 5.1.2 Financial Performance 5.1.3 Product Benchmarking 5.1.4 Strategic Initiatives 5.2 DSM 5.2.1 Company Overview 5.2.2 Financial Performance 5.2.3 Product Benchmarking 5.2.4 Strategic Initiatives 5.3 Mitsui & Co. 5.3.1 Company Overview 5.3.2 Financial Performance 5.3.3 Product Benchmarking 5.3.4 Strategic Initiatives 5.4 Mitsubishi Chemical 5.4.1 Company Overview 5.4.2 Financial Performance 5.4.3 Product Benchmarking 5.4.4 Strategic Initiatives 5.5 Purac 5.5.1 Company Overview 5.5.2 Financial Performance 5.5.3 Product Benchmarking
5.5.4 Strategic Initiatives 5.6 Roquette Freres SA 5.6.1 Company Overview 5.6.2 Financial Performance 5.6.3 Product Benchmarking 5.6.4 Strategic Initiatives 5.7 Reverdia 5.7.1 Company Overview 5.7.2 Financial Performance 5.7.3 Product Benchmarking 5.7.4 Strategic Initiatives 5.8 Succinity 5.8.1 Company Overview 5.8.2 Financial Performance 5.8.3 Product Benchmarking 5.8.4 Strategic Initiatives 5.9 Myriant View More Details About Global Bio Succinic Acid Market With Toc: http://www.hexaresearch.com/research-report/bio-succinic-acid-industry/ Chapter 6 Methodology and Scope 6.1 Research Methodology 6.2 Research Scope & Assumption 6.3 List of Data Sources 6.4 Company Overview 6.5 Financial Performance 6.6 Product Benchmarking 6.7 Strategic Initiatives
List of Tables 1. Global Bio Succinic acid market volume and revenue, 2012 - 2020 2. Global Bio Succinic acid market volume by region, (Tons), 2012 - 2020 3. Global Bio Succinic acid market revenue by region, (USD million), 2012 - 2020 4. Global Bio Succinic acid market volume by application, (Tons), 2012 - 2020 5. Global Bio Succinic acid market revenue by application, (USD million), 2012 - 2020 6. Global Bio Succinic acid demand in BDO, 2012 - 2020 (Tons) 7. Global Bio Succinic acid demand in BDO, 2012 - 2020 (USD million) 8. Global Bio Succinic acid demand in polyester polyols, 2012 - 2020 (Tons) 9. Global Bio Succinic acid demand in polyester polyols, 2012 - 2020 (USD million) 10. Global Bio Succinic acid demand in PBS/PBST, 2012 - 2020 (Tons)
View More Details About Global Bio Succinic Acid Market With Toc: http://www.hexaresearch.com/research-report/bio-succinic-acid-industry/ List of Figures 1. Bio Succinic acid industry summary & critical success factors (CSFs) 2. Bio Succinic acid market segmentation 3. Global Bio Succinic acid market (volume & revenue), 2012 - 2020 4. Global Bio Succinic acid market volumes growth by region, (Tons), 2012 - 2020 5. Global Bio Succinic acid market volumes growth by application, (Tons), 2012 - 2020 6. Bio Succinic acid market dynamics 7. Bio Succinic Acid Value Chain Analysis 8. Bio Succinic acid company market share analysis, 2012 9. Key opportunities prioritized 10. Industry analysis - Porter's 11. Bio Succinic acid PESTEL analysis, 2012 12. Bio Succinic acid market volume share by application, 2012 & 2020 13. Global Bio Succinic acid demand in BDO, (volume & revenue), 2012 - 2020 14. Global Bio Succinic acid demand in polyester polyols, (volume & revenue), 2012 - 2020 15. Global Bio Succinic acid demand in PBS/PBST, (volume & revenue), 2012 - 2020 16. Global Bio Succinic acid demand in plasticizers , (volume & revenue), 2012 - 2020
17. Global Bio Succinic acid demand in alkyd resins , (volume & revenue), 2012 - 2020 18. Global Bio Succinic acid demand in other application, (volume & revenue), 2012 - 2020 19. Bio Succinic acid market volume share by region, 2012 & 2020 20. North America Bio Succinic acid market volume by application, (Tons), 2012 - 2020 21. North America Bio Succinic acid market revenue by application, (USD million), 2012 - 2020 22. Europe Bio Succinic acid market volume by application, (Tons), 2012 - 2020 23. Europe Bio Succinic acid market revenue by application, (USD million), 2012 - 2020 24. Asia Pacific Bio Succinic acid market volume by application, (Tons), 2012 - 2020 25. Asia Pacific Bio Succinic acid market revenue by application, (USD million), 2012 - 2020 26. RoW Bio Succinic acid Market volume by application, (Tons), 2012 - 2020 27. RoW Bio Succinic acid Market revenue by application, (USD million), 2012 - 2020
About Hexa Research: 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 Us: Michelle Thoras Felton, California 95018 United States 1-800-489-3075 sales@hexaresearch.com Web: http://www.hexaresearch.com/