• Contact Us
  • IND: (+91) 40-485-49062
  • USA: (+1) 614-588-8538

Global Succinic Acid Market Is Estimated to Reach $182.3m by 2023

Published By: IndustryARC Published On : 17-Apr-2019
According to the report published by IndustryARC titled

Succinic Acid Market: By Type (Bio-based and Synthetic); By Grade (Food Grade, Pharmaceutical Grade, Industrial Grade, and Others); By end Users (Food and beverages, Pharmaceutical, Personal care, and Others); By Geography - Forecast(2018-2023)

, the market is estimated to reach $182.3m by 2023

Browse 110 market data Tables, and 37 Figures spread through 130 slides and go through an in-depth TOC on “

Succinic Acid Market (2018-2023)


Early Buyers will receive 10% Customization on this Report.



According to a recent study from IndustryARC, the Succinic Acid market is forecast to reach $182.3m by 2023 and is estimated to grow at a CAGR of 6.6%.Based on the type, the succinic acid market is segmented into two: synthetic succinic acid and bio-based succinic acid. Synthetic succinic acid is projected as the largest segment in terms of revenue during the forecast period. The demand for petrol-based succinic acid is increasing due to its cost-effectiveness as well as efficiency in various applications such as PBS, personal care, and polyester polyols to manufacture polyurethane. 

Asia-Pacific held a major share in specialty fertilizers market in 2017. The market dominance by the Asia Pacific region is primarily due to high economic growth, population growth, increased purchasing power, growing manufacturing factor and increasing foreign investments. China leads the succinic acid market in the APAC region. The consumption of succinic acid in the country has grown significantly and is expected to witness further growth during the forecast period.


Competitive Landscape


The major players in this market include

  • GFS Chemicals, Inc.
  • GC Innovation America
  • Succinity GmbH
  • Reverdia
  • Prochem, Inc.

The top five companies hold more than 40 percent of the succinic acid market, owing toa wide distribution network across various end users. The number of succinic acid manufacturers has multiplied worldwide.

The different types of succinic acid in the Succinic Acid Market report include::

  • Bio-based succinic acid
  • Synthetic succinic acid

The overall market is also presented from the perspective of different geographic regions and the key countries for this industry.  Competitive landscape for each of the product types is highlighted and market players are profiled.

Read More – Chemicals and Materials Research Reports @

https://industryarc.com/Domain/4/chemicals-materials-market-research.html

Related Reports


Bio Succinic Acid Market


Organic Acids Market 


About IndustryARC:


IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Contact Us:

Mr. Venkateshwar Reddy
Business Development Manager 

Contact Sales: 

1-614-588-8538 (Ext-101)

Connect with us on LinkedIn

 - https://www.linkedin.com/company/industryarc

Request for Sample

News letter

Type your email below and receive our daily news and updates for free

Need Assistance?

If you have any questions, please contact.

Call Us

(U.S. - Canada toll free)
+1-614-588-8538

Write to Us

(Please send an Email)
[email protected]ustryarc.com