Showing posts with label Global Succinic Acid Market Size. Show all posts
Showing posts with label Global Succinic Acid Market Size. Show all posts

Tuesday, November 16, 2021

Global Succinic Acid Market Size 2021 COVID-19 Impact Analysis by Business Opportunities, and Future Outlook till 2027

 

The succinic acid is a dicarboxylic acid and is exist as an anion known as the succinate in the human body, which has several biological roles and functions as a metabolic intermediate. The succinic acid is a colorless, odorless and water-soluble solid introduced utilizing the synthetic and natural procedures. A natural procedure to generate the succinic acid comprises succinic acid involves microbial fermentation of the glucose from the raw materials such as maize, sugarcane, tapioca and wheat. N-Butane is one of the foremost raw materials utilized in the introduction of the succinic acid.

According to the report analysis, ‘Global Succinic Acid (CAS 110-15-6) Market, 2021-2027states that Succinic acid proposes the great potential as a platform chemical in the application positions of bio-based plastics, solvents, plasticizers, adhesives, and resins. Anhui Sunsing Chemicals Co., Ltd., Anqing Hexing Chemical Co., Ltd., Baoji Jinbaoyu Technology Co., Ltd., BioAmber Inc., Fuso Chemical Co., Ltd., Gadiv Petrochemical Industries Ltd., JINHUI ZHAOLONG High Technology Co., Ltd., Kawasaki Kasei Chemicals Ltd., Myriant Corporation, Nippon Shokubai Co., Ltd., PTT Global Chemical Public Company Limited, Reverdia V.o.f. (DSM Succinic Acid B.V. & Roquette B.V.), Shandong Feiyang Chemical Co., Ltd., Shanghai Shenren Fine Chemical Co., Ltd., SINOPEC Yangzi Petrochemical Co., Ltd., Succinity GmbH (BASF SE & Corbion N.V.), Tianjin Bohua Zhonghe Chemical Co., Ltd. and many more are the key entities which recently operating in the succinic acid market more actively for leading the highest market growth, obtaining the competitive edge, ruling around the globe, registering the great value of market share, generating the highest percentage revenue, and maintaining the governing position by establishing the several research and development programs, increasing the benefits and applications of Succinic acid, delivering the better consumer satisfaction, implementing the policies and strategies of enlargement and profit making, analyzing the strategies and policies of government as well as comparable entities, enlightening the qualitative and quantitative measures of such and engaging the young and active personnel.

By product, the "Global Succinic Acid (CAS 110-15-6) Market" is segmented into bio-based succinic acid and petro-based succinic acid. Based on applications, the global succinic acid (CAS 110-15-6) market is categorized into BDO, Solvent & Lubricant, PBS, Plasticizer, Solvent & Lubricant, Polyols, Pharmaceutical and countless others. The growth of the sector is majorly attributed to the requirement from the chemical industry for PBS/ PBST, and polyurethane. Petro-based succinic acid is cost-effective and has improved proficiency in assessment with the bio-based type. Additionally, it can be broadly utilized in the food & beverage industry as a flavor garnish and in the chemical industry for the producers of PBS.

In addition, the effective growth in demand from the industrial, personal care and food & beverage industries propels the succinic acid market. The growing requirement from the APAC region, and the growing adoption of succinic acid as a substitute of adipic acid in polyurethane production are the aspects propelling the succinic acid market. Therefore, in the near years, it is predicted that the market of succinic acid will increase around the globe more actively over the near future.

For More Information, refer to below link:-

Global Succinic Acid (CAS 110-15-6) Market Research Report

Related Reports

Global Palladium Market, 2021-2027

Global Rhodium Market, 2021-2027

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

 

Wednesday, September 29, 2021

Global Succinic Acid Market Size 2021 COVID-19 Impact Analysis by Business Opportunities, Applications, Geography, Growth Drivers, and Future Outlook till 2027

                                                                                                                                                  Buy Now

Succinic acid is a four-carbon dicarboxylic acid (butanedioic acid or amber acid, C4H6O4). Industrially, succinic acid is presently introduced petrochemically from maleic acid and is thus rely on petroleum. Succinic acid can be introduced by fermentation as it is a midway of the tricarboxylic acid cycle (TCA, citrate cycle) and one of the finish products of anaerobic metabolism. Succinic acid proposes the great prospective as a platform chemical in the application field of bio-based plastics, solvents, plasticizers, adhesives, and resins.

According to the report analysis, ‘Global Succinic Acid (CAS 110-15-6) Market, 2021-2027states that Anhui Sunsing Chemicals Co., Ltd., Anqing Hexing Chemical Co., Ltd., Baoji Jinbaoyu Technology Co., Ltd., BioAmber Inc., Fuso Chemical Co., Ltd., Gadiv Petrochemical Industries Ltd., JINHUI ZHAOLONG High Technology Co., Ltd., Kawasaki Kasei Chemicals Ltd., Myriant Corporation, Nippon Shokubai Co., Ltd., PTT Global Chemical Public Company Limited, Reverdia V.o.f. (DSM Succinic Acid B.V. & Roquette B.V.), Shandong Feiyang Chemical Co., Ltd., Shanghai Shenren Fine Chemical Co., Ltd., SINOPEC Yangzi Petrochemical Co., Ltd., Succinity GmbH (BASF SE & Corbion N.V.), and Tianjin Bohua Zhonghe Chemical Co., Ltd. are the key corporates which recently functioning in the global succini acid (CAS 110-15-6) market more significantly for leading the highest market growth and registering the great value of market share around the globe during the review duration while increase the applications and benefits of such, establishing the several research and development programs, delivering the better consumer satisfaction, decreasing the associated prices of such, implementing the policies of profit making and expansion strategies, spreading the awareness connected to the benefits and applications of such, improving the qualitative and quantitative measures of such, employing the young and active personnel, and analysing the strategies and policies of government as well as similar corporates. 

In addition, the effective augment in requirement from the industrial, personal care and food & beverage industries propels the succinic acid market. The growing demand from the APAC economy, and the growing implementation of succinic acid as a substitute of adipic acid in polyurethane production are the aspects propelling the succinic acid market.

The requirement for succinic acid is propelled by its usage for applications in the industrial applications. Succinic acid is utilized in PBS/PBST for food packaging, as these are non-toxic, biodegradable, and also have improved heat resistance and processability in assessment to other biopolymers. The foremost drivers for the succinic acid market are the growing disposable income, transforming consumer lifestyle, augmented use of plastics, and the increasing packaging industry. Such factors have fostered the requirement for non-toxic, bio-degradable PET bottles, food containers, disposable syringes, blood bags, and several other consumer goods in regions such as China, India, Japan, US, and Germany that have led to the growth of the succinic acid market in the PBS/PBST segment.

Nonetheless, significant growth in construction and infrastructure in underdeveloped economies of Asia Pacific are predicted to trigger requirement for resin, coating, and polyurethanes, which in turn is projected to propel industry growth. Therefore, in the near years, it is predicted that the global succinic acid will increase around the globe more effectively over the near future.

For More Information, refer to below link:-

Global Succinic Acid (CAS 110-15-6) Market Industry Outlook

Related Reports

Global Palladium Market, 2021-2027

Global Rhodium Market, 2021-2027

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249