Succinic Acid Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
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Introduction
The succinic acid market encompasses the production and distribution of butanedioic acid, a four-carbon dicarboxylic acid serving as a versatile chemical intermediate and platform molecule for sustainable chemistry applications. Succinic acid exists in two primary production routes: traditional petroleum-based synthesis through catalytic hydrogenation of maleic anhydride or oxidation of n-butane, and emerging bio-based fermentation processes utilizing renewable feedstocks including corn-derived glucose, sugarcane, and industrial waste streams. The compound demonstrates broad chemical reactivity and functionality, serving as a building block for biodegradable polymers, specialty chemicals, and various industrial products.
The industry serves diverse sectors including industrial chemicals production, food and beverage applications as acidulants and flavor enhancers, pharmaceutical synthesis as intermediates and excipients, personal care formulations, paints and coatings, and emerging applications in biodegradable plastics. Bio-based succinic acid production has gained significant attention as industries pursue sustainable alternatives to petroleum-derived chemicals, driven by carbon footprint reduction goals and circular economy principles. The compound serves as a precursor for 1,4-butanediol, polybutylene succinate, tetrahydrofuran, and other high-value derivatives.
The market benefits from increasing demand for sustainable bio-based chemicals, expanding applications in biodegradable polymer production, growing food and beverage industry consumption, rising pharmaceutical and personal care applications, and regulatory pressures favoring renewable chemical feedstocks. Bio-based production routes offer environmental advantages including carbon dioxide fixation during fermentation and reduced greenhouse gas emissions compared to petrochemical routes, aligning with corporate sustainability commitments and government decarbonization policies.
Market Size and Growth Forecast
The global succinic acid market is projected to reach 320-350 million USD by 2025, with estimated compound annual growth rates ranging from 6.5% to 9.5% through 2030. This growth trajectory reflects increasing adoption of bio-based alternatives, expanding applications in biodegradable plastics production, growing food and beverage sector demand, and supportive regulatory frameworks promoting renewable chemicals. The bio-based segment demonstrates particularly strong growth potential, with projected CAGRs of 8.0%-12.0%, significantly outpacing traditional petroleum-based production as manufacturers respond to sustainability imperatives and carbon pricing mechanisms.
Regional Analysis
Europe dominates the succinic acid market with growth rates of 5.5%-7.5%, driven by stringent carbon footprint regulations, advanced bio-based chemical manufacturing capabilities, and strong consumer preference for sustainable products. The European Union's carbon pricing schemes and sustainability directives create economic incentives favoring bio-based chemical production over petroleum-derived alternatives. Germany, France, and the Netherlands host major bio-based succinic acid production facilities and maintain leadership in biodegradable polymer development. The region demonstrates particular strength in high-purity pharmaceutical and personal care applications, with established regulatory frameworks supporting bio-based product certification.
Asia Pacific shows growth rates of 6.5%-9.0%, representing the fastest-growing region driven by massive manufacturing capacity, expanding chemical industry, and increasing focus on sustainable production. China dominates regional production through both petroleum-based and emerging bio-based routes, with significant capacity additions from producers including Shandong Landian Biotechnology, Anhui Huaheng Biotechnology, and others. China's biomanufacturing investments and decarbonization roadmap support bio-based chemical expansion, though petroleum-based production remains cost-competitive given established infrastructure and feedstock availability. Japan maintains advanced technology capabilities in specialty applications and bio-based production processes, while India and Southeast Asian countries expand consumption driven by growing food processing, pharmaceuticals, and industrial chemicals sectors.
North America exhibits growth rates of 5.5%-7.0%, led by the United States where advanced synthetic biology capabilities, venture capital funding for bio-based chemicals, and state-level clean fuel incentives support market development. The U.S. Department of Agriculture identifies succinic acid as a high-priority bio-based product, providing grant funding for strain engineering and waste stream valorization research. California's Low Carbon Fuel Standard awards credit multipliers for biogenic carbon utilization, creating additional revenue opportunities for fermentation-based production. Canada provides accelerated depreciation for biochemical equipment, while Mexico evaluates concessions for bio-intermediate production supporting industrial development.
South America demonstrates growth potential of 5.0%-6.5%, with Brazil leading regional development supported by established sugarcane-based feedstock infrastructure and growing chemical industry. The region's abundant renewable feedstock availability creates natural advantages for bio-based succinic acid production, though commercial-scale operations remain limited. Expanding food and beverage, pharmaceutical, and agricultural sectors drive consumption growth, while regional biodegradable plastics initiatives create emerging opportunities.
The Middle East and Africa region shows growth rates of 4.5%-5.5%, driven by petroleum-based production capabilities and growing industrial chemicals consumption. The region's abundant hydrocarbon resources support traditional petroleum-based synthesis, though bio-based production remains limited. South Africa maintains modest production and consumption, while Gulf states focus primarily on petroleum-derived intermediates. Growing construction and industrial development create demand for coatings and specialty chemical applications.
Application Analysis
BDO: This segment demonstrates projected growth of 7.0%-9.0%, representing the largest single application consuming significant succinic acid volumes as feedstock for 1,4-butanediol production. BDO serves as an essential chemical intermediate for polyurethanes, tetrahydrofuran, and engineering plastics. The segment benefits from expanding polyurethane demand in automotive, construction, and consumer goods applications. Bio-based succinic acid routes to BDO offer sustainable alternatives to traditional petroleum-based processes, attracting interest from major chemical producers pursuing decarbonization commitments. Technical challenges including production costs and yields continue development, but pilot and demonstration-scale facilities have validated technical feasibility.
Biodegradable Polymer: Expected to grow at 8.0%-11.0%, encompassing polybutylene succinate production for biodegradable plastics applications. PBS demonstrates properties comparable to conventional polyethylene and polypropylene while offering end-of-life biodegradability in composting conditions. The segment benefits from expanding single-use plastics bans, corporate sustainability commitments, and consumer demand for environmentally friendly packaging materials. European Union directives restricting single-use plastics and China's biodegradable plastic mandates create regulatory drivers supporting PBS adoption. Applications span food packaging, agricultural films, and consumer goods. Bio-based succinic acid as a PBS precursor aligns with circular economy principles, offering renewable feedstock sourcing and reduced carbon footprint.
Surfactant: Projected growth of 6.0%-8.0% includes succinic acid derivatives functioning as emulsifiers, dispersants, and surface-active agents in cleaning products, personal care formulations, and industrial applications. The segment benefits from growing consumer preference for bio-based and biodegradable surfactants in home care and personal care products. Succinic acid-derived surfactants offer performance advantages including mildness, low irritation potential, and favorable environmental profiles compared to conventional petroleum-derived alternatives.
Food & Beverages: Growing at 5.5%-7.5%, this segment utilizes succinic acid as an acidulant, flavoring agent, and pH regulator in food processing, beverage formulation, and food preservation applications. The segment benefits from expanding processed food consumption, clean label trends favoring natural ingredients, and functional food development. Succinic acid provides tart flavor notes and antimicrobial properties supporting food safety and shelf-life extension. Bio-based succinic acid aligns with consumer preferences for natural and sustainable food ingredients.
Plasticizer: Expected growth of 5.5%-7.5% encompasses succinic acid derivatives functioning as plasticizing agents improving flexibility and processability of polymer materials. The segment serves applications including biodegradable plastics, specialty coatings, and adhesives. Growing regulatory restrictions on phthalate plasticizers create opportunities for alternative plasticizer technologies, including succinic acid-based formulations offering non-toxic profiles and biodegradability.
Others: This segment growing at 5.0%-7.0% includes diverse applications spanning coatings and resins, agricultural chemicals, pharmaceutical intermediates, and specialty chemicals. The segment benefits from ongoing research and development identifying new succinic acid applications and expanding existing uses across multiple industries.
Type Analysis
Bio-Based Succinic Acid: This segment demonstrates the fastest growth at 8.0%-12.0%, driven by corporate sustainability commitments, carbon pricing mechanisms, and consumer demand for environmentally friendly products. Bio-based production utilizes fermentation of renewable feedstocks including corn-derived glucose, sugarcane, glycerol from biodiesel production, and cellulosic waste streams. The process fixes carbon dioxide during fermentation, offering lifecycle greenhouse gas emissions reductions of 60% or more compared to petroleum-based synthesis. Major bio-based producers include Reverdia, Succinity, and Myriant, alongside emerging Asian manufacturers. Technical advances in fermentation efficiency, feedstock diversification, and downstream purification have improved economic competitiveness, though production costs remain 50%-150% higher than petroleum-based alternatives depending on feedstock prices and process efficiency. Government policies including renewable chemical incentives, carbon taxes, and bio-based product procurement preferences support market development.
Petro-Based Succinic Acid: Expected to grow at 5.0%-7.0%, this segment represents established technology utilizing catalytic hydrogenation of maleic anhydride derived from n-butane or benzene oxidation. Petroleum-based production maintains cost advantages through established manufacturing infrastructure, economies of scale, and mature process technologies. The segment serves applications prioritizing cost over sustainability attributes and continues dominating total market volume. Producers including Kawasaki Kasei Chemicals, Nippon Shokubai, and Chinese manufacturers maintain significant capacity. The segment faces long-term headwinds from carbon regulations and sustainability pressures but remains commercially important, particularly in price-sensitive applications.
Key Market Players
Reverdia: A joint venture between Roquette and DSM, Reverdia represents a leading bio-based succinic acid producer utilizing advanced fermentation technology. The company operates commercial-scale production facilities and maintains strong technical capabilities in strain development, process optimization, and downstream purification. Reverdia serves global customers across food, pharmaceutical, and industrial applications with high-purity bio-based products.
Succinity: This German company specializes in bio-based succinic acid production through fermentation processes using renewable feedstocks. Succinity maintains production facilities in Europe and serves customers requiring sustainable chemical intermediates for biodegradable polymers, specialty chemicals, and personal care applications. The company focuses on technical support and application development, working with customers to substitute petroleum-based intermediates with bio-based alternatives.
Kawasaki Kasei Chemicals: A major Japanese chemical manufacturer producing petroleum-based succinic acid through traditional catalytic hydrogenation processes. The company maintains significant production capacity and serves Asian and global markets with consistent quality products for industrial chemical, food, and pharmaceutical applications. Kawasaki Kasei demonstrates strong technical capabilities and comprehensive product portfolios across multiple chemical segments.
Nippon Shokubai: This Japanese chemical company produces succinic acid alongside diverse specialty chemical products. The company serves industrial customers requiring reliable supply and consistent quality for downstream chemical synthesis, polymer production, and specialty applications. Nippon Shokubai maintains advanced manufacturing capabilities and quality management systems supporting demanding applications.
Fuso Chemical: A Japanese specialty chemical producer manufacturing succinic acid for pharmaceutical, food, and industrial applications. The company focuses on high-purity products meeting stringent quality requirements for pharmaceutical excipients and food-grade applications. Fuso Chemical maintains strong quality systems and regulatory expertise supporting global customer compliance requirements.
Yantai Shanshui Chemical Technology: A Chinese manufacturer producing petroleum-based succinic acid serving domestic and international markets. The company benefits from cost-competitive production and proximity to major consuming industries in China and Asia Pacific. Yantai Shanshui maintains production capacity supporting diverse applications and customer requirements.
Chinese Manufacturers: A group of emerging Chinese producers including Baoji Jinbaoyu Technology, Shanghai Shenren Fine Chemical, Weinan High-tech Zone Huifeng New Material Technology, ChangMao Biochemical Engineering, Hsuko New Materials, Shandong Landian Biotechnology, Anhui Huaheng Biotechnology, Shandong Feiyang Chemical, Jinhui Zhaolong High-Tech, Anhui Sunsing Chemicals, and Changzhou Shuguang Chemical Factory represent expanding production capacity in China. These producers manufacture both petroleum-based and bio-based succinic acid through various production routes. Shandong Landian Biotechnology operates bio-based production capacity of 20,000 tons annually, while Anhui Huaheng Biotechnology commissioned 50,000 tons annual bio-based capacity in 2024. These companies serve domestic Chinese markets and increasingly export to international customers, benefiting from cost-competitive production and government support for bio-based chemicals development.
Industry Value Chain Analysis
The succinic acid industry value chain extends from feedstock sourcing through chemical processing and diverse end-use integration. For petroleum-based production, upstream activities include n-butane or benzene procurement from refineries, maleic anhydride synthesis through oxidation processes, and catalytic hydrogenation to succinic acid. This route utilizes established chemical manufacturing infrastructure and well-understood process technologies.
Bio-based production begins with renewable feedstock sourcing including corn, sugarcane, glycerol, or cellulosic materials. Feedstock undergoes pretreatment and fermentation using engineered microorganisms that convert sugars to succinic acid through metabolic pathways. Fermentation broth requires downstream processing including acidification, crystallization, and purification to achieve product specifications. Bio-based production requires specialized fermentation equipment, strain development capabilities, and purification technologies distinct from traditional chemical synthesis.
Distribution channels encompass chemical distributors, specialty chemical suppliers, and direct sales to major industrial customers. Technical service providers support application development, product testing, and formulation optimization for customers integrating succinic acid into finished products. Quality management systems ensure products meet specifications for pharmaceutical, food-grade, or industrial applications, with appropriate regulatory certifications and documentation.
End applications span industrial chemicals production where succinic acid serves as an intermediate for BDO and other derivatives, biodegradable polymer manufacturing for packaging and consumer goods, food and beverage processing, pharmaceutical synthesis, personal care formulations, and coatings production. Each application segment requires specific product grades, quality attributes, and regulatory compliance, creating differentiated market segments with varying value propositions.
Market Opportunities and Challenges
●Bio-Based Chemicals Transition: Corporate sustainability commitments, carbon pricing mechanisms, and regulatory incentives create substantial opportunities for bio-based succinic acid producers. Companies pursuing Scope 3 emissions reductions increasingly seek bio-based chemical intermediates, creating premium market segments willing to pay cost premiums for sustainability attributes. Government procurement preferences for bio-based products in Europe and the United States provide additional market access advantages.
●Biodegradable Plastics Expansion: Regulatory restrictions on single-use plastics, corporate packaging commitments, and consumer demand for environmentally friendly materials drive rapid growth in biodegradable polymer markets. Succinic acid-based PBS represents a technically viable and increasingly cost-competitive alternative to conventional plastics, creating substantial volume growth opportunities. Continued technology development improving properties, processing, and cost-effectiveness will expand addressable markets.
●Feedstock Diversification: Emerging technologies utilizing industrial waste streams, carbon dioxide, and cellulosic materials as fermentation feedstocks offer opportunities to improve economics and sustainability of bio-based production. Second and third-generation feedstocks reduce competition with food crops and can utilize waste valorization, improving environmental profiles and potentially reducing production costs.
●Emerging Applications: Ongoing research identifies new applications for succinic acid and derivatives, including advanced materials, pharmaceutical intermediates, and specialty chemicals. Companies investing in application development and technical support to customers entering new markets can capture first-mover advantages in high-value segments.
Challenges
●Production Cost Competitiveness: Bio-based succinic acid production costs remain substantially higher than petroleum-based alternatives, estimated at 2.50-4.00 USD per kilogram versus 1.00-1.50 USD per kilogram for petroleum-based production. This cost gap constrains bio-based market penetration except where sustainability premiums or regulatory advantages offset price differentials. Continued technology development improving fermentation yields, feedstock efficiency, and downstream processing costs remains critical for commercial viability.
●Commercial-Scale Production Challenges: Historical challenges in bio-based succinic acid commercialization include multiple facility closures and idled plants. BioAmber's production ceased in 2019 due to financial challenges, with assets subsequently acquired by LCY Biosciences, which suspended production in 2023 due to weak demand. GC Innovation America's facility faced extended idle periods before permanent closure in 2021. These commercial setbacks reflect ongoing challenges achieving sustainable profitability in bio-based chemical production, including demand development, customer qualification cycles, and capital intensity.
●Feedstock Cost and Availability Volatility: Bio-based production remains exposed to agricultural commodity price fluctuations, weather impacts on feedstock availability, and competition with food and fuel applications for renewable feedstock sources. Petroleum-based production faces different but equally significant feedstock price volatility linked to crude oil and natural gas markets. Managing feedstock cost volatility while maintaining price competitiveness represents ongoing operational challenges for all producers.
●Trump Administration Tariff Policy Uncertainty and Global Supply Chain Impacts: Current trade policy uncertainties create risks for chemical manufacturers with global supply chains. Potential tariffs on chemical intermediates imported from China could increase costs for downstream customers utilizing Asian-sourced succinic acid. Conversely, tariffs on U.S. chemical exports could disadvantage North American producers in global markets. Bio-based production economics may prove particularly sensitive to trade policies affecting agricultural feedstocks and renewable chemical imports. Supply chain restructuring and regionalization trends may reshape competitive dynamics, potentially favoring producers with localized supply chains and customer proximity. Trade policies favoring domestic chemical production could support bio-based investments if coupled with feedstock and technology development incentives.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Succinic Acid Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Succinic Acid by Region
8.2 Import of Succinic Acid by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Succinic Acid Market in North America (2020-2030)
9.1 Succinic Acid Market Size
9.2 Succinic Acid Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Succinic Acid Market in South America (2020-2030)
10.1 Succinic Acid Market Size
10.2 Succinic Acid Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Succinic Acid Market in Asia & Pacific (2020-2030)
11.1 Succinic Acid Market Size
11.2 Succinic Acid Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Asean
11.5.6 Australia
Chapter 12 Historical and Forecast Succinic Acid Market in Europe (2020-2030)
12.1 Succinic Acid Market Size
12.2 Succinic Acid Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Succinic Acid Market in MEA (2020-2030)
13.1 Succinic Acid Market Size
13.2 Succinic Acid Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Succinic Acid Market (2020-2025)
14.1 Succinic Acid Market Size
14.2 Succinic Acid Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Succinic Acid Market Forecast (2025-2030)
15.1 Succinic Acid Market Size Forecast
15.2 Succinic Acid Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Reverdia
15.1.1 Company Profile
15.1.2 Main Business and Succinic Acid Information
15.1.3 SWOT Analysis of Reverdia
15.1.4 Reverdia Succinic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Succinity
15.2.1 Company Profile
15.2.2 Main Business and Succinic Acid Information
15.2.3 SWOT Analysis of Succinity
15.2.4 Succinity Succinic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Kawasaki Kasei Chemicals
15.3.1 Company Profile
15.3.2 Main Business and Succinic Acid Information
15.3.3 SWOT Analysis of Kawasaki Kasei Chemicals
15.3.4 Kawasaki Kasei Chemicals Succinic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 NIPPON SHOKUBAI
15.4.1 Company Profile
15.4.2 Main Business and Succinic Acid Information
15.4.3 SWOT Analysis of NIPPON SHOKUBAI
15.4.4 NIPPON SHOKUBAI Succinic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Fuso Chemical
15.5.1 Company Profile
15.5.2 Main Business and Succinic Acid Information
15.5.3 SWOT Analysis of Fuso Chemical
15.5.4 Fuso Chemical Succinic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 Yantai Shanshui Chemical Technology
15.6.1 Company Profile
15.6.2 Main Business and Succinic Acid Information
15.6.3 SWOT Analysis of Yantai Shanshui Chemical Technology
15.6.4 Yantai Shanshui Chemical Technology Succinic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Baoji Jinbaoyu Technology
15.7.1 Company Profile
15.7.2 Main Business and Succinic Acid Information
15.7.3 SWOT Analysis of Baoji Jinbaoyu Technology
15.7.4 Baoji Jinbaoyu Technology Succinic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 Shanghai Shenren Fine Chemical
15.8.1 Company Profile
15.8.2 Main Business and Succinic Acid Information
15.8.3 SWOT Analysis of Shanghai Shenren Fine Chemical
15.8.4 Shanghai Shenren Fine Chemical Succinic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
15.10 ChangMao Biochemical Engineering
15.10.1 Company Profile
15.10.2 Main Business and Succinic Acid Information
15.10.3 SWOT Analysis of ChangMao Biochemical Engineering
15.10.4 ChangMao Biochemical Engineering Succinic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
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Table Research Scope of Succinic Acid Report
Table Data Sources of Succinic Acid Report
Table Major Assumptions of Succinic Acid Report
Table Succinic Acid Classification
Table Succinic Acid Applications List
Table Drivers of Succinic Acid Market
Table Restraints of Succinic Acid Market
Table Opportunities of Succinic Acid Market
Table Threats of Succinic Acid Market
Table Raw Materials Suppliers List
Table Different Production Methods of Succinic Acid
Table Cost Structure Analysis of Succinic Acid
Table Key End Users List
Table Latest News of Succinic Acid Market
Table Merger and Acquisition List
Table Planned/Future Project of Succinic Acid Market
Table Policy of Succinic Acid Market
Table 2020-2030 Regional Export of Succinic Acid
Table 2020-2030 Regional Import of Succinic Acid
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Succinic Acid Market Size and Market Volume List
Table 2020-2030 North America Succinic Acid Demand List by Application
Table 2020-2025 North America Succinic Acid Key Players Sales List
Table 2020-2025 North America Succinic Acid Key Players Market Share List
Table 2020-2030 North America Succinic Acid Demand List by Type
Table 2020-2025 North America Succinic Acid Price List by Type
Table 2020-2030 United States Succinic Acid Market Size and Market Volume List
Table 2020-2030 United States Succinic Acid Import & Export List
Table 2020-2030 Canada Succinic Acid Market Size and Market Volume List
Table 2020-2030 Canada Succinic Acid Import & Export List
Table 2020-2030 Mexico Succinic Acid Market Size and Market Volume List
Table 2020-2030 Mexico Succinic Acid Import & Export List
Table 2020-2030 South America Succinic Acid Market Size and Market Volume List
Table 2020-2030 South America Succinic Acid Demand List by Application
Table 2020-2025 South America Succinic Acid Key Players Sales List
Table 2020-2025 South America Succinic Acid Key Players Market Share List
Table 2020-2030 South America Succinic Acid Demand List by Type
Table 2020-2025 South America Succinic Acid Price List by Type
Table 2020-2030 Brazil Succinic Acid Market Size and Market Volume List
Table 2020-2030 Brazil Succinic Acid Import & Export List
Table 2020-2030 Argentina Succinic Acid Market Size and Market Volume List
Table 2020-2030 Argentina Succinic Acid Import & Export List
Table 2020-2030 Chile Succinic Acid Market Size and Market Volume List
Table 2020-2030 Chile Succinic Acid Import & Export List
Table 2020-2030 Peru Succinic Acid Market Size and Market Volume List
Table 2020-2030 Peru Succinic Acid Import & Export List
Table 2020-2030 Asia & Pacific Succinic Acid Market Size and Market Volume List
Table 2020-2030 Asia & Pacific Succinic Acid Demand List by Application
Table 2020-2025 Asia & Pacific Succinic Acid Key Players Sales List
Table 2020-2025 Asia & Pacific Succinic Acid Key Players Market Share List
Table 2020-2030 Asia & Pacific Succinic Acid Demand List by Type
Table 2020-2025 Asia & Pacific Succinic Acid Price List by Type
Table 2020-2030 China Succinic Acid Market Size and Market Volume List
Table 2020-2030 China Succinic Acid Import & Export List
Table 2020-2030 India Succinic Acid Market Size and Market Volume List
Table 2020-2030 India Succinic Acid Import & Export List
Table 2020-2030 Japan Succinic Acid Market Size and Market Volume List
Table 2020-2030 Japan Succinic Acid Import & Export List
Table 2020-2030 South Korea Succinic Acid Market Size and Market Volume List
Table 2020-2030 South Korea Succinic Acid Import & Export List
Table 2020-2030 Southeast Asia Succinic Acid Market Size List
Table 2020-2030 Southeast Asia Succinic Acid Market Volume List
Table 2020-2030 Southeast Asia Succinic Acid Import List
Table 2020-2030 Southeast Asia Succinic Acid Export List
Table 2020-2030 Australia Succinic Acid Market Size and Market Volume List
Table 2020-2030 Australia Succinic Acid Import & Export List
Table 2020-2030 Europe Succinic Acid Market Size and Market Volume List
Table 2020-2030 Europe Succinic Acid Demand List by Application
Table 2020-2025 Europe Succinic Acid Key Players Sales List
Table 2020-2025 Europe Succinic Acid Key Players Market Share List
Table 2020-2030 Europe Succinic Acid Demand List by Type
Table 2020-2025 Europe Succinic Acid Price List by Type
Table 2020-2030 Germany Succinic Acid Market Size and Market Volume List
Table 2020-2030 Germany Succinic Acid Import & Export List
Table 2020-2030 France Succinic Acid Market Size and Market Volume List
Table 2020-2030 France Succinic Acid Import & Export List
Table 2020-2030 United Kingdom Succinic Acid Market Size and Market Volume List
Table 2020-2030 United Kingdom Succinic Acid Import & Export List
Table 2020-2030 Italy Succinic Acid Market Size and Market Volume List
Table 2020-2030 Italy Succinic Acid Import & Export List
Table 2020-2030 Spain Succinic Acid Market Size and Market Volume List
Table 2020-2030 Spain Succinic Acid Import & Export List
Table 2020-2030 Belgium Succinic Acid Market Size and Market Volume List
Table 2020-2030 Belgium Succinic Acid Import & Export List
Table 2020-2030 Netherlands Succinic Acid Market Size and Market Volume List
Table 2020-2030 Netherlands Succinic Acid Import & Export List
Table 2020-2030 Austria Succinic Acid Market Size and Market Volume List
Table 2020-2030 Austria Succinic Acid Import & Export List
Table 2020-2030 Poland Succinic Acid Market Size and Market Volume List
Table 2020-2030 Poland Succinic Acid Import & Export List
Table 2020-2030 Russia Succinic Acid Market Size and Market Volume List
Table 2020-2030 Russia Succinic Acid Import & Export List
Table 2020-2030 MEA Succinic Acid Market Size and Market Volume List
Table 2020-2030 MEA Succinic Acid Demand List by Application
Table 2020-2025 MEA Succinic Acid Key Players Sales List
Table 2020-2025 MEA Succinic Acid Key Players Market Share List
Table 2020-2030 MEA Succinic Acid Demand List by Type
Table 2020-2025 MEA Succinic Acid Price List by Type
Table 2020-2030 Egypt Succinic Acid Market Size and Market Volume List
Table 2020-2030 Egypt Succinic Acid Import & Export List
Table 2020-2030 Israel Succinic Acid Market Size and Market Volume List
Table 2020-2030 Israel Succinic Acid Import & Export List
Table 2020-2030 South Africa Succinic Acid Market Size and Market Volume List
Table 2020-2030 South Africa Succinic Acid Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Succinic Acid Market Size and Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Succinic Acid Import & Export List
Table 2020-2030 Turkey Succinic Acid Market Size and Market Volume List
Table 2020-2030 Turkey Succinic Acid Import & Export List
Table 2020-2025 Global Succinic Acid Market Size List by Region
Table 2020-2025 Global Succinic Acid Market Size Share List by Region
Table 2020-2025 Global Succinic Acid Market Volume List by Region
Table 2020-2025 Global Succinic Acid Market Volume Share List by Region
Table 2020-2025 Global Succinic Acid Demand List by Application
Table 2020-2025 Global Succinic Acid Demand Market Share List by Application
Table 2020-2025 Global Succinic Acid Capacity List
Table 2020-2025 Global Succinic Acid Key Vendors Capacity Share List
Table 2020-2025 Global Succinic Acid Key Vendors Production List
Table 2020-2025 Global Succinic Acid Key Vendors Production Share List
Table 2020-2025 Global Succinic Acid Key Vendors Production Value List
Table 2020-2025 Global Succinic Acid Key Vendors Production Value Share List
Table 2020-2025 Global Succinic Acid Demand List by Type
Table 2020-2025 Global Succinic Acid Demand Market Share List by Type
Table 2020-2025 Regional Succinic Acid Price List
Table 2025-2030 Global Succinic Acid Market Size List by Region
Table 2025-2030 Global Succinic Acid Market Size Share List by Region
Table 2025-2030 Global Succinic Acid Market Volume List by Region
Table 2025-2030 Global Succinic Acid Market Volume Share List by Region
Table 2025-2030 Global Succinic Acid Demand List by Application
Table 2025-2030 Global Succinic Acid Demand Market Share List by Application
Table 2025-2030 Global Succinic Acid Capacity List
Table 2025-2030 Global Succinic Acid Key Vendors Capacity Share List
Table 2025-2030 Global Succinic Acid Key Vendors Production List
Table 2025-2030 Global Succinic Acid Key Vendors Production Share List
Table 2025-2030 Global Succinic Acid Key Vendors Production Value List
Table 2025-2030 Global Succinic Acid Key Vendors Production Value Share List
Table 2025-2030 Global Succinic Acid Demand List by Type
Table 2025-2030 Global Succinic Acid Demand Market Share List by Type
Table 2025-2030 Succinic Acid Regional Price List
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Succinic Acid Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Succinic Acid Market Size and CAGR
Figure 2020-2030 North America Succinic Acid Market Volume and CAGR
Figure 2020-2030 South America Succinic Acid Market Size and CAGR
Figure 2020-2030 South America Succinic Acid Market Volume and CAGR
Figure 2020-2030 Asia & Pacific Succinic Acid Market Size and CAGR
Figure 2020-2030 Asia & Pacific Succinic Acid Market Volume and CAGR
Figure 2020-2030 Europe Succinic Acid Market Size and CAGR
Figure 2020-2030 Europe Succinic Acid Market Volume and CAGR
Figure 2020-2030 MEA Succinic Acid Market Size and CAGR
Figure 2020-2030 MEA Succinic Acid Market Volume and CAGR
Figure 2020-2025 Global Succinic Acid Capacity Production and Growth Rate
Figure 2020-2025 Global Succinic Acid Production Value and Growth Rate
Figure 2025-2030 Global Succinic Acid Capacity Production and Growth Rate
Figure 2025-2030 Global Succinic Acid Production Value and Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
| Primary Sources | Secondary Sources |
|---|---|
| Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |