The North America succinic acid market collected $56.1 million in 2016. Since the region has a healthy industrial base, the market is anticipated to witness a CAGR rise of 26.48% over the forecast period of 2017-2026, earning a net worth of $563.5 million The U.S succinic acid market is presently leading the North American region. Succinic acid is an important platform material in the U.S and is placed among the top 12 platform chemicals by the US Department of Energy.

NORTH AMERICA SUCCINIC ACID MARKET FORECAST 2017-2026

North America Succinic Acid Market Is Segmented by Raw Materials(by Raw Materials, Petro-based Succinic Acid) by Applications(1,4- Butanediol (Bdo), Plasticizer, Pbs (Polybutylene Succinate), Solvent and Lubricant, Polyols, Other Industrial Use, Pharma, Food) & by Geography

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Report Summary

The North America succinic acid market collected $56.1 million in 2016. Since the region has a healthy industrial base, the market is anticipated to witness a CAGR rise of 26.48% over the forecast period of 2017-2026, earning a net worth of $563.5 million

North America succinic acid market

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The U.S succinic acid market is presently leading the North American region. Succinic acid is an important platform material in the U.S and is placed among the top 12 platform chemicals by the US Department of Energy. The large-scale production of corn in the area is a key driver for this market as corn is widely used as a raw material for manufacturing succinic acid. The country also boasts of highly developed resources and thus has the potential to create a new infrastructure for succinic acid and succinic acid based products in the future. The Canadian market too is fast evolving, backed by constant government encouragement.

Some well-known players in the Succinic Acid Market include Myriant Corporation, Merck Millipore (Merck), Bioamber Inc, Sigma Aldrich, Nippon Shokubai Co Ltd, BASF Se, Kawasaki Kasei Chemicals, Mitsubishi Chemical Corporation, Mitsui & Co. Ltd, Esim Chemicals, etc.

 

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    Table of Contents

    1. RESEARCH SCOPE
      • STUDY GOALS
      • SCOPE OF THE MARKET STUDY
      • WHO WILL FIND THIS REPORT USEFUL?
      • STUDY AND FORECASTING YEARS
    2. RESEARCH METHODOLOGY
      • SOURCES OF DATA
        • SECONDARY DATA
        • PRIMARY DATA
      • TOP DOWN APPROACH
      • BOTTOM-UP APPROACH
      • DATA TRIANGULATION
    3. EXECUTIVE SUMMARY
      • MARKET SUMMARY
      • KEY FINDINGS
        • ROBUST GROWTH IN BIO-BASED SUCCINIC ACID MARKET
        • INCREASED DEMAND FOR BIODEGRADABLE PLASTICS
    1. MARKET DYNAMICS
      • MARKET DEFINITION
      • DRIVERS
        • SUPPORTIVE GOVERNMENT POLICIES GIVING RISE TO SUCCINIC ACID MARKET
        • AVAILABILITY OF RENEWABLE RAW MATERIALS
        • RISE IN PETROLEUM PRICES
      • RESTRAINTS
        • HIGH PRICE OF BIO-BASED SUCCINIC ACID
        • COMPETITIVE RIVALRY
      • OPPORTUNITY
        • VARIED APPLICATIONS
          • FOOD AND BEVERAGES
          • PHARMACEUTICALS
        • EFFECTIVE TREATMENT
        • GO GREEN INITIATIVE
        • SUBSTITUTE FOR KEY CHEMICALS
        • BIO-BASED BIODEGRADABLE PLASTIC IN DEMAND
      • CHALLENGES
        • HIGH PROCESSING COST
        • AWARENESS
        • TIME-CONSUMING PROCESS
    1. MARKET BY RAW MATERIALS
      • BIO-BASED SUCCINIC ACID
        • PRODUCTION FROM CORN
        • PRODUCTION FROM MOLASSES
      • PETRO-BASED SUCCINIC ACID
        • MALEIC ANHYDRIDE
    1. MARKET BY APPLICATIONS
      • 1,4- BUTANEDIOL (BDO)
      • PLASTICIZER
      • PBS (POLYBUTYLENE SUCCINATE)
      • SOLVENT AND LUBRICANT
      • POLYOLS
      • OTHER INDUSTRIAL USE
      • PHARMA
        • COSMETICS
        • PREPARATION OF DRUGS
      • FOOD
        • PRESERVATIVES
        • SOFTENING AGENT
        • PACKAGING
    1. KEY ANALYTICS
      • PORTER’S 5 FORCE ANALYSIS
        • THREAT OF NEW ENTRANTS
        • THREAT OF SUBSTITUTE PRODUCTS
        • BARGAINING POWER OF BUYERS
        • BARGAINING POWER OF SUPPLIERS
        • INTENSITY OF COMPETITIVE RIVALRY
      • VALUE CHAIN ANALYSIS
        • RAW MATERIAL
        • PRODUCT
        • MARKETS
      • KEY BUYING CRITERIA
        • OBJECTIVE
          • UTILITY
          • PERSONAL CARE
          • SUBSTITUTE FOR PETROCHEMICAL BASED SUCCINIC ACID
          • REPLACEMENT OF PLASTIC AND DERIVATIVES
          • PHARMACEUTICALS
          • FAVORABLE GOVERNMENT POLICIES AND REGULATIONS
        • PRICE
        • AVAILABILITY
        • QUALITY
        • ENVIRONMENT EFFECTS
      • VENDOR LANDSCAPE
      • OPPORTUNITY MATRIX
    2. GEOGRAPHICAL ANALYSIS
      • UNITED STATES
      • CANADA
    3. COMPETITIVE LANDSCAPE
      • MARKET SHARE ANALYSIS
        • BIOAMBER/MITSUI
        • MYRIANT
        • SUCCINITY
        • REVERDIA
      • COMPANY PROFILES
        • BIOAMBER INC.
        • MYRIANT CORPORATION
        • BASF SE
        • DSM NETHERLANDS
        • MITSUI & CO. LTD
        • MITSUBISHI CHEMICAL CORPORATION
        • REVERDIA (DSM – ROQUETTE)
        • GADIV PETROCHEMICAL INDUSTRIES LTD
        • KAWASAKI KASEI CHEMICALS
        • LINYI LIXING CHEMICAL CO LTD
        • SUCCINITY GMBH
        • NIPPON SHOKUBAI CO LTD
        • ANHUI SUNSING CHEMICALS CO LTD
        • SIGMA ALDRICH
        • MERCK MILLIPORE (MERCK)
        • ESIM CHEMICALS
        • ANQING HEXING CHEMICAL CO LTD

    LIST OF TABLES

    TABLE 1 NORTH AMERICA SUCCINIC ACID MARKET BY COUNTRY 2017-2026 ($ MILLION)

    TABLE 2 NORTH AMERICA SUCCINIC ACID MARKET BY RAW MATERIALS 2017-2026 ($ MILLION)

    TABLE 3 NORTH AMERICA SUCCINIC ACID MARKET BY APPLICATIONS 2017-2026 ($ MILLION)

    TABLE 4 KEY MOTIVATORS AND RESTRAINTS OF DIFFERENT GEOGRAPHIES

    TABLE 5 NORTH AMERICA SUCCINIC ACID MARKET BY COUNTRY 2017-2026 ($ MILLION)

     

    LIST OF FIGURES

    FIGURE 1 NORTH AMERICA SUCCINIC ACID MARKET BY RAW MATERIALS 2017-2026 ($ MILLION)

    FIGURE 2 NORTH AMERICA BIO-BASED SUCCINIC ACID MARKET 2017-2026 ($ MILLION)

    FIGURE 3 NORTH AMERICA PETRO-BASED SUCCINIC ACID MARKET 2017-2026 ($ MILLION)

    FIGURE 4 NORTH AMERICA 1,4-BUTANEDIOL (BDO) MARKET 2017-2026 ($ MILLION)

    FIGURE 5 NORTH AMERICA PLASTICIZER MARKET 2017-2026 ($ MILLION)

    FIGURE 6 NORTH AMERICA PBS MARKET 2017-2026 ($ MILLION)

    FIGURE 7 NORTH AMERICA SOLVENT AND LUBRICANT MARKET 2017-2026 ($ MILLION)

    FIGURE 8 NORTH AMERICA POLYOLS MARKET 2017-2026 ($ MILLION)

    FIGURE 9 NORTH AMERICA OTHER INDUSTRIAL MARKET 2017-2026 ($ MILLION)

    FIGURE 10 NORTH AMERICA PHARMACEUTICAL MARKET 2017-2026 ($ MILLION)

    FIGURE 11 NORTH AMERICA FOOD MARKET 2017-2026 ($ MILLION)

    FIGURE 12 CUMULATIVE PRICE CHANGE IN CRUDE OIL, CORN, AND SUGAR

    FIGURE 13 CORN PRODUCTION IN USA (MILLION TONS)

    FIGURE 14 US SUCCINIC ACID MARKET 2017-2026 ($ MILLION)

    FIGURE 15 CORN AND WHEAT PRODUCTION IN MILLION TONS

    FIGURE 16 CANADA SUCCINIC ACID MARKET 2017-2026 ($ MILLION)

     

    Segmentation

    1. GEOGRAPHICAL ANALYSIS
      • UNITED STATES
      • CANADA
    2. MARKET BY APPLICATIONS
      • 1,4- BUTANEDIOL (BDO)
      • PLASTICIZER
      • PBS (POLYBUTYLENE SUCCINATE)
      • SOLVENT AND LUBRICANT
      • POLYOLS
      • OTHER INDUSTRIAL USE
      • PHARMA
        • COSMETICS
        • PREPARATION OF DRUGS
      • FOOD
        • PRESERVATIVES
        • SOFTENING AGENT
        • PACKAGING

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