Bio-Based Succinic Acid Market Size and Share
Bio-Based Succinic Acid Market Analysis by Mordor Intelligence
The Bio-Based Succinic Acid Market size is estimated at USD 151.86 million in 2025, and is expected to reach USD 172.32 million by 2030, at a CAGR of 2.56% during the forecast period (2025-2030). The bio-based succinic acid market has entered a measured maturation phase in which incremental fermentation efficiencies, diversified feedstock options, and expanding downstream uses keep demand advancing even though price gaps versus petro-routes persist. Industrial polymer makers remain the anchor buyers because polybutylene succinate (PBS) and polyurethane chains incorporate high volumes of the molecule, while personal-care and pharmaceutical formulators are scaling adoption to capture its multifunctional antimicrobial and pH-buffer benefits. Regional expansion is tied closely to policy: Asia-Pacific accelerates on the back of China’s biomanufacturing investments and Japan’s decarbonization roadmap, whereas Europe’s growth stems from carbon-pricing schemes that reward low-footprint intermediates. Competitive intensity stays elevated because no producer yet controls a decisive cost advantage, prompting scale-up collaborations, feedstock hedging, and rigorous certification campaigns to validate sustainability claims.
Key Report Takeaways
- By application, industrial polymers held 43.18% of the bio-based succinic acid market share in 2024, while personal care is projected to advance at a 3.79% CAGR through 2030.
- By feedstock, corn-derived glucose accounted for 39.04% of the bio-based succinic acid market size in 2024; glycerol and waste streams are forecast to rise at a 3.59% CAGR during 2025-2030.
- By geography, Asia-Pacific commanded 32.75% revenue share of the bio-based succinic acid market in 2024 and is expected to expand at a 3.70% CAGR to 2030.
Global Bio-Based Succinic Acid Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Increasing adoption of green chemicals in industrial polymers | +0.80% | North America, EU, Asia-Pacific | Medium term (2-4 years) |
| Volatility in crude-oil prices prompting switch to bio-routes | +0.60% | Global with Asia-Pacific manufacturing hubs | Short term (≤ 2 years) |
| Government incentives & carbon-pricing regulations | +0.50% | EU, California, UK and emerging APAC schemes | Long term (≥ 4 years) |
| Engineered micro-organisms slashing downstream costs | +0.40% | R&D centers in North America & Europe, global licensing | Medium term (2-4 years) |
| Circular-economy sourcing mandates from brand owners | +0.30% | North America & EU consumer goods sectors | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Increasing Adoption of Green Chemicals in Industrial Polymers
Manufacturers of engineering plastics, thermoset resins, and elastomers continue to swap fossil building blocks for certified bio-alternatives. BASF secured ISCC+ certification for more than 60 portfolio products and introduced a bio-based ethyl acrylate featuring 40% renewable content that cuts cradle-to-gate emissions by 30%. Parallel initiatives in polyurethane chains rely on bio-1,4-butanediol derived directly from succinic acid fermentations, a pathway pioneered by Genomatica and scaled further through technology licensing to Chinese producers. Because PBS resin is already synthesized from succinic acid and 1,4-butanediol, every incremental gain in succinate output ripples through packaging, mulch film, and single-use appliance parts. As brand owners escalate scope-3 decarbonization targets, procurement teams favor suppliers able to document greenhouse-gas savings, reinforcing the pull on the bio-based succinic acid market toward high-volume polymer applications.
Volatility in Crude-Oil Prices Prompting Switch to Bio-Routes
Oil-price swings above the USD 80 per-barrel threshold regularly erode the cost advantage enjoyed by petrochemical succinic acid, nudging converters to lock in offtake agreements for bio-routes that insulate them from feedstock shocks. The European Commission’s industrial carbon-management plan complements this economic push by aligning capital grants and tax credits with projects that displace fossil intermediates. Japanese majors Mitsubishi Chemical, Mitsui Chemicals, and Asahi Kasei have responded by trialing biomass naphtha in naphtha crackers to derisk volatility while meeting national net-zero pledges. Although low oil phases can stall momentum temporarily, purchasing departments increasingly model total-cost-of-ownership scenarios that assign probability-weighted oil trajectories, keeping a strategic wedge for the bio-based succinic acid market even under bearish crude forecasts.
Government Incentives & Carbon-Pricing Regulations
Policy levers intensify the structural advantage of low-carbon intermediates. California revised its Low Carbon Fuel Standard to mandate a 30% carbon-intensity cut by 2030, which spills over into chemical-intermediate credits because many fermentation plants co-process feedstocks for fuels and chemicals[1]California Air Resources Board, “Low Carbon Fuel Standard amendments,” arb.ca.gov . The United Kingdom’s Greenhouse Gas Removals and Power BECCS business models guarantee revenue streams for facilities that combine bio-energy with carbon capture, directly benefiting fermentation sites that can sequester biogenic CO₂[2]Government of the United Kingdom, “Power BECCS business model consultation,” gov.uk . Across the Atlantic, Canada and several U.S. states are drafting clean-fuel regulations modeled on the Californian template, creating a mosaic of incentives that producers can stack. These mechanisms compress payback periods, making upgrades to larger fermenters and energy-efficient downstream separators financially compelling for producers in the bio-based succinic acid market.
Engineered Micro-Organisms Slashing Downstream Costs
Synthetic-biology advances are boosting product titers and simplifying purification trains. Engineered Yarrowia lipolytica strains have delivered 112.54 g/L succinic acid concentrations by enhancing tolerance to acidic environments and optimizing glucose transport channels, cutting neutralization reagent use in downstream stages. Parallel research on Cupriavidus necator integrates CO₂ fixation with acetyl-CoA pathways, lifting carbon-use efficiency and decreasing feedstock kilograms per succinate kilogram. Producers are pairing such strains with membrane-based extraction units that halve energy draw compared with conventional crystallization. These incremental process gains shift variable costs downward, narrow the pricing gap versus petro-routes, and strengthen the long-term economics underpinning the bio-based succinic acid market.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Higher production costs versus petro-based succinic acid | -0.70% | Global, most acute in cost-sensitive regions | Short term (≤ 2 years) |
| Agricultural feedstock price volatility | -0.40% | Regions dependent on corn or sugarcane | Medium term (2-4 years) |
| Competition from emerging bio-adipic acid pathways | -0.30% | Global, concentrated in nylon production regions | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Higher Production Costs Versus Petro-Based Succinic Acid
Techno-economic models place the price floor for commercial bio-based succinic acid between USD 2.5 and 2.7 per kilogram at today’s utility tariffs, a band still above the spot price of petro-derived equivalents in low-oil scenarios. The delta stems from sterilization energy demand, multi-step precipitation, and the capital intensity of stainless-steel fermenters. While carbon levies and premium niches partially offset the spread, large-volume users in resins and coatings remain price sensitive. Process intensification—continuous fermentation, in-situ product removal, and low-pH tolerant microbes—holds promise, but the timeline for parity hinges on accelerating these technologies from pilot to 50 kiloton nameplate capacity.
Agricultural Feedstock Price Volatility
Corn and sugar-crop markets remain exposed to weather, biofuel policy, and geopolitical shocks. The record 2023 Brazilian sugarcane crush of 45.8 million tons lifted sucrose output, yet also tightened feedstock availability for non-fuel users when freight bottlenecks emerged. U.S. agricultural policy is pivoting toward dedicated energy crops, but acreage shifts lag market signals, leaving bio-refineries vulnerable to quarterly price spikes[3]U.S. Department of Agriculture, “Biomass Research and Development Agenda 2025,” usda.gov . Producers targeting crude glycerol or lignocellulosic streams diversify risk, although these materials introduce variability in impurity profiles, necessitating costly pre-treatment that can negate feedstock savings. Consequently, raw-material volatility feeds through to margin compression and can defer investment decisions within the bio-based succinic acid market.
Segment Analysis
By Application: Industrial Dominance Drives Market Foundation
Industrial uses captured 43.18% of the bio-based succinic acid market share in 2024, anchored by PBS packaging films, biodegradable mulch, and polyurethane intermediates that together consume multi-kiloton volumes. Demand in these channels scales predictably because converters sign multi-year take-or-pay contracts that underpin plant-load factors, thereby stabilizing the overall bio-based succinic acid market. Over the forecast horizon, personal care presents the sharpest growth curve at a 3.79% CAGR, lifting contribution from specialty formats such as leave-on acne treatments, natural deodorants, and mild exfoliants. Dermatology studies confirm that 1% succinic acid gels diminish Propionibacterium acnes proliferation without triggering irritation, which allows brands to position greener actives alongside existing beta-hydroxy acids. Pharmaceutical uptake continues steadily as formulators incorporate succinate buffers to maintain pH in controlled-release matrices, while coatings makers experiment with succinate-based polyols that give high-solids content yet ensure biodegradability.
Parallel to volume expansion, price realization differs widely among end markets. Industrial resin buyers negotiate lower per-tonne tariffs yet provide consistent offtake. Personal care and pharmaceutical users accept a premium due to microbiological purity and traceability requirements, creating a margin hedge for producers. These dynamics encourage a dual-channel model in which early adopters allocate baseline capacity to polymers and consume upgraded fermenter runs for specialty batches. Because each downstream sector prioritizes life-cycle-assessment metrics, cross-segment synergies emerge: credentials validated in medicine lend credibility to cosmetic claims, while mechanical recyclability tests in packaging reassure consumer-goods owners that end-of-life outcomes align with circular-economy pledges. Together, these patterns affirm the central role of application diversity in extending revenue stability across the bio-based succinic acid market.
Note: Segment shares of all individual segments available upon report purchase
By Feedstock Source: Corn Glucose Leads While Waste Streams Gain Momentum
Corn glucose held 39.04% of the bio-based succinic acid market size in 2024 thanks to mature wet-milling infrastructure, efficient dextrose purification, and competitive pricing relative to sugarcane in key North American hubs. Fermentation platforms geared for glucose reach predictable conversion yields exceeding 0.6 g/g substrate, underpinning reliable supply for polymer clients. Nevertheless, glycerol and assorted waste streams clock the fastest 3.59% CAGR to 2030 as producers capitalize on biodiesel by-products and food-industry effluents that cut feedstock outlay by up to 35%. Laboratory trials report 0.9 g/g succinate yields from crude glycerol, while downstream color removal remains the chief hurdle to commercial scale.
Lignocellulosic biomass occupies a promising but developmental tier. Pretreatment cocktails combining dilute acid and enzymatic hydrolysis liberate C5 and C6 sugars, yet capital costs escalate due to corrosion-resistant metallurgy. Interest in electro-bioreactors capable of coupling CO₂ reduction with succinate production is growing; elevated CO₂ partial pressures can double product formation rates, turning carbon capture liabilities into revenue streams. Feedstock flexibility therefore becomes a strategic hedge: companies secure corn for steady-state operations while piloting waste-based trains that may unlock cost breakthroughs. Long term, this diversification shields producers from commodity shocks and bolsters the resilience of the broader bio-based succinic acid market.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
Asia-Pacific owned the largest regional slice, representing 32.75% of the bio-based succinic acid market in 2024 and cruising toward a 3.70% CAGR through 2030. China’s provincial governments funnel low-interest loans into industrial-biotech parks, enabling rapid scale-up of 50 kiloton fermenters dedicated to succinic acid and 1,4-butanediol. The National Development and Reform Commission integrates bio-chemicals into its Five-Year Plan incentives, adding tax holidays that lower cash-cost breakevens. In Japan, the Green Growth Strategy for Carbon Neutrality allocates subsidies for biomass naphtha co-processing, prompting Mitsubishi Chemical, Mitsui Chemicals, and Asahi Kasei to co-invest in pilot crackers that will feed succinate-based polyesters. South Korea supports similar ambitions through its Bio-Strategic Technology blueprint, while India focuses on feedstock supply by expanding broken-rice ethanol programs that could divert saccharified streams into chemical fermenters. Altogether, these initiatives compound policy support with scale economies, reinforcing Asia-Pacific’s leadership in the bio-based succinic acid market.
North America sustains robust activity through advanced synthetic-biology clusters, risk-tolerant venture funding, and state-level clean-fuel incentives. The United States Department of Agriculture frames succinic acid as a high-priority product in its 2025 Biomass Research and Development Agenda, unlocking grant pools for strain engineering and waste-stream valorization. California’s Low Carbon Fuel Standard awards credit multipliers to biogenic CO₂ utilization, a mechanism that fermentation plants leverage for additional revenue when they integrate carbon capture units. Green Plains’ clean-sugar subsidiary demonstrated 40% lower carbon footprint dextrose, a feedstock now trialed by contract fermenters in Nebraska. Canada provides accelerated depreciation for equipment deployed in biochemicals, and Mexico evaluates concessions for bio-intermediates to spur northern industrial corridors. Collectively, these policy and infrastructure elements create a fertile ecosystem that underpins steady expansion of the bio-based succinic acid market within the region.
Europe’s trajectory hinges on regulatory stringency that embeds carbon costs into every tonne of petrochemical output. The European Commission’s 2040 climate-neutral roadmap positions carbon-capture-and-utilization products for priority offtake in public procurement. Germany’s National Bioeconomy Strategy supplements R&D grants with feedstock logistics programs to integrate sugar-beet residues into chemical parks such as Leuna. France pilots carbon-footprint labeling on consumer goods, elevating demand for verified low-emission intermediates. The United Kingdom’s Contracts for Difference-style mechanism for industrial carbon removal assures payment floors, encouraging fermentation plants to co-locate with sequestration wells in the North Sea. While production costs exceed Asian averages, brand-owner pressure and access to green-finance instruments maintain competitive momentum. Consequently, Europe operates as the principal premium market within the bio-based succinic acid market, absorbing high-purity grades and specialty volumes that justify elevated pricing.
Competitive Landscape
The competitive arena remains consolidated, with the top five suppliers estimated to control around 64% combined output. BASF exploits its global network to embed certified bio-succinate streams into acrylic monomers, coatings resins, and superabsorbent polymers, expanding ISCC+-certified SKUs to reinforce value-chain traceability. DSM-Firmenich leverages precision fermentation to serve nutrition and personal-care formulators, reporting H1 2024 sales of EUR 6.30 billion, underpinned by sustainability-tagged ingredients. Roquette champions its BIOSUCCINIUM platform, collaborating with polymer compounders to optimize PBS for flexible packaging and thermoforming applications.
Emerging specialists focus on cost and feedstock breakthroughs. Succinity, a BASF-Corbion venture, pilots continuous fermentation coupled with membrane extraction, targeting sub-USD 2.0 per-kilogram economics once run-rates exceed 75% capacity utilization. GC-Innovate in Thailand integrates crude glycerol from its biodiesel affiliate to secure low-cost carbon, while Switzerland’s Kuenz applies high-cell-density reactors that cut downtime between cycles. Strategic partnerships frequently pair biotech start-ups with established petrochemical distributors to unlock market reach and logistical expertise. Producers also invest in life-cycle-assessment audits and Product Carbon Footprint disclosures to differentiate from fossil incumbents and qualify for ecolabel programs.
Mergers and acquisitions have slowed marginally since 2024, yet the subset of deals tagged to sustainability themes shows resilience as private equity funds prioritize decarbonization theses. Joint-venture structures prevail because they pool fermentation know-how with downstream application insight without demanding full ownership transitions. Supply contracts extending five or more years are increasingly common, reflecting end-user urgency to lock secure volumes amid tightening ESG requirements. With technological learning curves tightening and debt financing costs stabilizing, the bio-based succinic acid market is expected to experience notable shifts. However, the emergence of breakthrough strain patents and regional feedstock advantages are set to prevent the market from rallying around a singular dominant player.
Bio-Based Succinic Acid Industry Leaders
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Anhui Sunsing Chemicals Co. Ltd.
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BASF SE
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Kawasaki Kasei Chemicals Ltd.
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Mitsubishi Chemical Group Corporation
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Roquette Frères
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- November 2023: The Japan BioPlastics Association (JBPA) has certified Mitsubishi Chemical Group's BioPBS, a compostable polymer made from bio-based succinic acid, as a marine biodegradable biomass plastic. This recognition is expected to boost the demand for bio-based succinic acid in sustainable material applications.
- December 2022: Mitsubishi Chemical Group, in partnership with Chukyo Yushi Co., Ltd., has developed a biodegradable and compostable dispersion solution using its plant-derived polymer, BioPBS, made from bio-based succinic acid. This innovation is expected to drive the bio-based succinic acid market growth by enhancing its application potential.
Global Bio-Based Succinic Acid Market Report Scope
Succinic acid is a chemical utilized directly in many industrial applications and as an intermediary in the synthesis of various polymers and resins. The biological generation of succinic acid from renewable resources has drawn considerable attention due to the depletion of crude oil and the requirement for sustainable development.
The bio-based succinic acid market is segmented by application and geography. By application, the market is segmented into industrial, pharmaceutical, personal care, paints and coatings, and other applications. The report also covers the market size and forecasts in 15 countries across major regions.
Market sizing and forecasts have been done for each segment based on revenue (USD million).
| Industrial |
| Pharmaceuticals |
| Personal Care |
| Paints and Coatings |
| Other Applications |
| Corn-derived Glucose |
| Sugarcane and Beet Sucrose |
| Lignocellulosic Biomass |
| Crude Glycerol and Waste Streams |
| CO₂-coupled Bio-electrochemical Routes |
| Asia-Pacific | China |
| Japan | |
| India | |
| South Korea | |
| Rest of Asia-Pacific | |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Rest of Europe | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Middle East and Africa | Saudi Arabia |
| South Africa | |
| Rest of Middle East and Africa |
| By Application | Industrial | |
| Pharmaceuticals | ||
| Personal Care | ||
| Paints and Coatings | ||
| Other Applications | ||
| By Feedstock Source | Corn-derived Glucose | |
| Sugarcane and Beet Sucrose | ||
| Lignocellulosic Biomass | ||
| Crude Glycerol and Waste Streams | ||
| CO₂-coupled Bio-electrochemical Routes | ||
| By Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| North America | United States | |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Rest of Europe | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Middle East and Africa | Saudi Arabia | |
| South Africa | ||
| Rest of Middle East and Africa | ||
Key Questions Answered in the Report
What is the current value of the bio-based succinic acid market?
The market is valued at USD 151.86 million in 2025 and is projected to reach USD 172.32 million by 2030.
Which application dominates demand?
Industrial polymers, particularly PBS and polyurethane precursors, hold 43.18% of market share in 2024.
Which region is growing fastest?
Asia-Pacific leads both size and growth, expanding at a 3.70% CAGR through 2030 due to large-scale biomanufacturing investments.
What feedstock is most widely used?
Corn-derived glucose accounts for 39.04% of feedstock demand, though glycerol and waste streams are rising the quickest.
How do carbon-pricing policies impact the market?
Schemes such as California’s LCFS and the EU’s industrial carbon strategy create financial incentives that narrow the cost gap between bio-based and petro-based succinic acid, bolstering long-term adoption.
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