ASIA PACIFIC SUCCINIC ACID MARKET FORECAST 2017-2026

ASIA PACIFIC SUCCINIC ACID MARKET FORECAST 2017-2026

  • December 2017 •
  • 65 pages •
  • Report ID: 5228609
KEY FINDINGS
By the end of the forecast period of 2017-2026, the Asia-Pacific succinic acid market is expected to race ahead of all other regional markets with the highest CAGR of 32.18%, generating a total revenue of $ 778.0 million.

MARKET INSIGHTS
In recent years, the Asia-Pacific region has witnessed a robust growth in the bio-based succinic acid market and an increased demand for biodegradable plastics. The region has several advantages in its favor such as – growing government encouragement for bio-based succinic acid market expansion, availability of cheap labor, and plentiful sources of raw materials. The China succinic acid market dominated the Asian-Pacific region in 2016. Also, the Indian market holds much promise and is expected to grow with the highest CAGR during the forecast period.

COMPETITIVE INSIGHTS
Nippon Shokubai Co Ltd, Anhui Sunsing Chemicals Co Ltd, BASF Se, Linyi Lixing Chemical Co Ltd, Anqing Hexing Chemical Co Ltd, Merck Millipore (Merck), Esim Chemicals, Bioamber Inc, Mitsubishi Chemical Corporation, Kawasaki Kasei Chemicals, Reverdia (Dsm – Roquette), Dsm Netherlands, Sigma Aldrich, Mitsui & Co. Ltd, Gadiv Petrochemical Industries Ltd and Myriant Corporation are some of the noted players in this market.
Country=APAC Industry=OTC ParentIndustry=LifeSciences Date=201712 Topic=Forecast Publisher=InkwoodResearch Price=2000