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Europe Bio-Based Succinic Acid Market Segmented by Application and Geography (2020 - 2025)

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Europe Bio-Based Succinic Acid Market 

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.

1. Introduction

1.1 Description

1.2 Research Methodology

1.3 Scope of the Report

2. Executive Summary

3. Market Insights

3.1 Overview

3.2 Industry Value Chain Analysis

3.3 Industry Attractiveness – Porter’s Five Forces Analysis

3.3.1 Bargaining Power of Suppliers

3.3.2 Bargaining Power of Buyers

3.3.3 Threat of New Entrants

3.3.4 Threat of Substitute Product and Services

3.3.5 Degree of Competition

4. Market Dynamics

4.1 Drivers

4.1.1 Increasing Applications for Succinic Acid Derivatives

4.1.2 Rising Demand for Bio-based Chemicals

4.2 Restraints

4.2.1 High Manufacturing Costs

4.2.2 Low Crude Oil Prices

4.2.3 Lengthy Extraction Process of Bio-based Succinic Acid

4.3 Opportunities

4.3.1 Replacing Maleic Anhydride, and Phthalic Anhydride

4.3.2 Growing Expansion and Investment Projects

4.3.3 Shifting Focus towards Bio-based Biodegradable Plastics

5. Market Segmentation and Analysis

5.1 By Application

5.1.1 Industrial

5.1.1.1 1,4-Butanediol & Derivatives

5.1.1.2 Plasticizers

5.1.1.3 Polyurethanes

5.1.1.4 Resins, Coatings, Pigments, Dyes & Inks

5.1.1.5 Solvents & Lubricants

5.1.1.6 De-Icer Solutions

5.1.1.7 Others

5.1.2 Pharmaceutical

5.1.3 Personal Care

5.1.4 Paints and Coatings

5.1.5 Others

6. Regional Market Analysis

6.1 Consumption Analysis

6.1.1 Germany

6.1.2 France

6.1.3 United Kingdom

6.1.4 Italy

6.1.5 Spain

6.1.6 Russia

6.1.7 Nordic Countries

6.1.8 Rest of Europe

6.2 Production and Capacity Analysis (Active and Planned)

6.2.1 France

6.2.2 Germany

6.2.3 Italy

6.2.4 Netherlands

6.2.5 Spain

6.2.6 Others

7. Future of the Bio-based Succinic Acid

8. Competitive Landscape

8.1 Mergers & Acquisitions

8.2 Joint Ventures, Collaborations, and Agreements

8.3 Market Share Analysis

8.4 Strategies Adopted by Leading Players

9. Company Profiles

9.1 Bio-Based Manufacturers

9.1.1 BioAmber S.A.S. (BioAmber Inc.)

9.1.2 Succinity

9.1.3 Myriant Corp.

9.1.4 Reverdia

* (List not exhaustive)

9.2 Petro-Based Manufacturers

9.2.1 Anqing Hexing Chemical

9.2.2 Mitsui & Co. Ltd.

9.2.3 Nippon Shokubai Co. Ltd.

9.2.4 Linyi Lixing Chemical Co., Ltd.

9.2.5 Kawasaki Kasei Chemicals

9.2.6 Gadiv Petrochemical Industries

* (List not exhaustive)

10. Disclaimer

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