At present, the global succinic acid market accounts for a valuation of US$ 160.8 million and is estimated to climb to US$ 301.4 million by the end of 2032. Consumption of succinic acid is predicted to increase at 6.5% CAGR from 2022 to 2032.
Rising use of polyurethane and tetrahydrofuran is expected to propel the sales of succinic acid in the industrial sector. This new succinic acid market analysis by Fact.MR suggests that the market will be majorly driven by increasing demand for succinic acid in the pharmaceutical and personal care industries.
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The report discusses in detail the various important aspects of the Succinic Acid market. The report has an intelligent insight on critical aspects that are essential to good growth in the Succinic Acid market. Some of these features include market size, growth, revenue, sales, demand, risks, threats, opportunities, economic forecast and history, and much more. The report is based on factual data assessed by our research analysts to give our clients a complete overview of the Succinic Acid market landscape and prepare a business canvas accordingly.
The Succinic Acid Market report profiles the successive companies, which includes: –
- Thyssenkrupp AG
- BASF SE
- Roquette Frères
- Kawasaki Kasei Chemicals
- NIPPON SHOKUBAI CO. LTD
- Ernesto Ventós S.A.
- Spectrum Chemical Manufacturing Corp
- FUSO CHEMICAL CO. LTD.
- R-Biopharm AG
- ESIM Chemicals
- Anhui Sunsing Chemicals Co. Ltd.
- Novomer Inc.
Fact.MR analysts are currently analyzing and coordinating their insights on the effect of COVID-19 across diverse industry verticals. These insights are quite promising for several businesses and ventures to cope up with this unprecedented downturn and take effective strategic decisions to expand and proliferate within a competitive business ecosystem.
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- Petro-based Succinic Acid
- Bio-based Succinic Acid
By End use:
- Sales of Succinic Acid in Industrial Sector
- Food & Beverages
- Demand for Succinic Acid in Cosmetics
- Other End Uses
Market Segment by Regions, regional analysis covers:
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East Africa
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Reasons why you should buy this report:
Understand the Current and future of the Succinic Acid Market in both Established and emerging markets.
The report assists in relocating the business strategies by accentuate the Succinic Acid business priorities.
The report throws light on the segment anticipated to dominate the Succinic Acid industry and market.
Forecasts the regions expected to perceive ascension.
The newest developments within the Succinic Acid industry and details of the industry leaders alongside their market share and methods.
Saves time on the entry-level research as the report contains significant data concentrating growth, size, key players, and segments of the industry.
Save time carrying out entry-level research by characterizing the growth, size, major players and segments within the Global Market.
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