Succinic Acid Market (Application and Geography) – Size and Key Vendors

Press Release   •   Aug 07, 2017 00:43 EDT

Global Succinic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The analysts forecast global Succinic Acid Market to grow at a CAGR of 27.32% during the period 2017-2021.

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Succinic acid is also known as butanedioic acid, 1,2-ethanedicarboxylic acid, and amber acid. Succinic acid is conventionally manufactured by the catalytic hydrogenation of maleic anhydride. It can also be manufactured using either petroleum feedstock or bio-based feedstock. The diminishing supplies of oil and gas have forced manufacturers to look for alternative sources of manufacturing succinic acid. The bio-based method is the way toward manufacturing using sustainable and renewable resources.

Covered in this report

This report covers the present scenario and the growth prospects of the global succinic acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:



North America


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Key vendors






Other prominent vendors

Anhui Sunsing Chemicals

Anqing Hexing Chemical

Gadiv Petrochemical Industries

New Japan Chemical

Nippon Shokubai

Shandong Yuhuang Chemical

Thirumalai Chemicals

Market driver

Increasing environmental concerns

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Market challenge

Volatile prices of raw materials

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Market trend

Rising demand for polybutylene succinate

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