Succinic acid is a four-carbon dicarboxylic acid (butanedioic acid or amber acid, C4H6O4). Industrially, succinic acid is currently produced petrochemically from maleic acid and is thus based on petroleum. Succinic acid can be produced by fermentation as it is an intermediate of the tricarboxylic acid cycle (TCA, citrate cycle) and one of the end products of anaerobic metabolism. Succinic acid offers great potential as a platform chemical in the application areas of bio-based plastics, solvents, plasticizers, adhesives, and resins. The succinic acid market in China is projected to expand at a CAGR of ~4.8 percent across the forecast period of 2021 – 2027, according to the latest edition of the Succinic Acid in China Market Report.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into succinic acid market in China. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the succinic acid industry.

The succinic acid market is segmented on the basis of product, and application. The succinic acid market is segmented as below:

By product:
– bio-based succinic acid
– petro-based succinic acid

By application:
– BDO
– PBS
– plasticizer
– solvent & lubricant
– polyols
– pharmaceutical
– others

The report also provides a detailed analysis of several leading succinic acid market vendors that include Anhui Sunsing Chemicals Co., Ltd., Anqing Hexing Chemical Co., Ltd., Baoji Jinbaoyu Technology Co., Ltd., JINHUI ZHAOLONG High Technology Co., Ltd., Shandong Feiyang Chemical Co., Ltd., Shanghai Shenren Fine Chemical Co., Ltd., SINOPEC Yangzi Petrochemical Co., Ltd., Tianjin Bohua Zhonghe Chemical Co., Ltd., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the succinic acid market in China.
– To classify and forecast the succinic acid market in China based on product, and application.
– To identify drivers and challenges for the succinic acid market in China.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the succinic acid market in China.
– To identify and analyze the profile of leading players operating in the succinic acid market in China.

Why Choose This Report
– Gain a reliable outlook of the succinic acid market in China forecasts from 2021 to 2027 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
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