Market Research Reports, Inc. has announced the addition of “Global Bio Succinic Acid Market (Applications and Geography) - Size, Share, Trends, Analysis, Research, Future Demand, Scope and Forecast, 2013 - 2020” research report to their offering. See more visit - http://mrr.cm/Z3r

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Category : Chemicals
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Introduction to Report
 Launch Date: February 19, 2014
 Number of Pages: 105
 Geography Coverage: Global
 Available Format: PDF
Price For Single User License: USD 4,515
Price For Site License: USD 7,515
Price For Global User License: USD 10,515
Delivery Time: Within 24 Hours (During Working Days)

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About the Report
The U.S. Department of Energy (USDOE) considers
succinic acid as one among the top twelve chemical
building blocks. Succinic acid, as a platform chemical, is
growing in demand in various applications. However,
consumption of petroleum based succinic acid, as an
intermediate, in manufacturing various chemicals, is
limited due to its volatility of price and carbon footprints.
These concerns led to the discovery of biological
manufacturing of succinic acid. The bio succinic acid
market is forecast to grow at a significant rate over the
next seven years.

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Research Findings
The global bio based succinic acid market is expected to
reach market volume of 710.0 kilo tons by 2020, growing
at a CAGR of 45.6% during 2013-2020.
Bio succinic acid is primarily being used as a replacement
for petrol based succinic acid in few applications such as
solvents and lubricants, de-icer solutions, cosmetics, food
and pharma. Furthermore, newer application such as 1,4-
Butanediol (BDO), PBS, plasticizers and polyesters polyols
market will accelerate the future growth of the market.
Stringent regulations in Europe towards carbon
footprints have enabled significant application of bio
succinic acid in various chemical manufacturing units.
However, Asia Pacific will be the fastest growing market
with an expected CAGR of 49.5% during 2013 to 2020.

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Research Findings Continues…
Various industrial application markets analyzed in the
study includes BDO, polyester polyols, PBS, plasticizers,
resins, coatings, & pigments, solvents & lubricants, alkyd
resins, and de-icer solutions. The resins, coatings, &
pigments market generated maximum revenue in the year
2013.
However, seven years down the line, BDO is expected to
emerge as the largest application segment. This is largely
due to higher consumption of bio succinic acid in the
production of BDO, as a replacement of maleic anhydride.
It is estimated that 1.2 MT of bio succinic acid is needed
to replace 1 MT of maleic anhydride.

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Key Benefits
The report provides in-depth analysis of the current market scenario
and offers expected future trends that would assist stakeholders in
taking strategic and actionable decisions
Quantitative analysis of the current market and estimations through
2013-2020 in terms of volume (Kilo Tons) and value ($Million)
Analysis of the market factors in various geographic regions and
business opportunities presented
Identification of key investment pockets for various applications,
services and geographies
Identification of key players and their business performance analysis
based on strategies followed by them
Identification of key application segments based on future potential
and growth prospects
Top factors that are expected to affect the growth of the market along
with impact analysis of such factors
Analysis and evaluation of market trends to provide deep-dive
intelligence into every market segment
Competitive analysis to effectively plan and execute business plans

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By Application
Industrial Application
1,4-Butanediol (BDO)
Polyester Polyols
PBS
Plasticizers
Solvents & lubricants
Alkyd Resins
Resins, coatings, pigments
De-icer solutions
Food Application
Pharma Application
Cosmetics Application
Others

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By Geography
North America
Europe
Asia Pacific
RoW

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Report Coverage
Introduction
Executive Summary
Global Bio Succinic Acid Market Overview
Global Bio Succinic Acid Market
By Application
Global Bio Succinic Acid Market
By Geography
Company Profile

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Company Coverage
BioAmber
Myraint
DSM
Mitsui & Co
Mitsubishi
BASF
Roquette Frerse S.A
Purac and Reverdia

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