europe-bio-based-succinic-acid-market-industry
Published

December 2016

Europe Bio-Based Succinic Acid Market Segmented by Application and Geography (2016 - 2021)

Purchase Report
$3850
Single user license
$4250
Team license
$6750
Corporate license

The Europe bio-based succinic acid market was valued at USD XX million in 2016, and is likely to reachUSD XX million by 2021, growing at a CAGR of XX%, during the forecast period, 2016-2021. Bio-basedsuccinic acid is manufactured by the fermentation of sugars, with an aim to replace traditional petroleumbasedsuccinic acid. Bio-based succinic acids are of similar structural formulations as that ofconventional petroleum-based succinic acids. They aid in reducing carbon emissions, and enhancing &optimizing the performance.

The market is driven by a number of factors, such as the rising demand for bio-based chemicals, andincreasing applications of succinic acid derivatives. However, this market faces certain drawbacks, suchas premium pricing of bio-based succinic acid, lengthy extraction process of bio-based succinic acid alongwith low crude oil prices. The aforementioned factors act as a roadblock to the growth of the market.

The Europe bio-based succinic acid market, on the basis of application, can be broadly segmented intoindustrial, pharmaceutical, personal care products, paints & coatings, and others. The industrialapplications have been further segmented into plasticizers, polyurethanes, 1,4-butanediol & derivatives,resins, coatings, pigments, dyes, & inks, solvents & lubricants, de-icer solutions and others. Additionally,the market, on the basis of geography, the market is segmented into Germany, United Kingdom, France,Italy, Spain, Russia and Nordic Countries.

Furthermore, bio-based succinic replacing maleic anhydride and phthalic anhydride, and shifting focustowards bio-based biodegradable plastics will offer numerous opportunities in the growth of the Europebio-based succinic acid market. Some of the major companies dominating this market for its products,services, and continuous product developments are

  • BioAmber S.A.S
  • Reverdia
  • Succinity

Key Deliverables in the Study:

  • Analysis for the European bio-based succinic acid market, with region specific assessments and competition analysis on a European and regional scale.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a European and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the European bio-based succinic acid market on both European and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
RELATED REPORTS

Confused about which report to get?

Download a full report to understand our capabilities
Purchase Report
$3850
Single user license
$4250
Team license
$6750
Corporate license
Our Clients Include View All

Looking to Customize Report?