Global Bio-succinic Acid Market Size Forecast to 2028- Trends, Analysis and Outlook by Raw Material, Type, and Geography

Global Bio-succinic Acid Market Size Forecast to 2028- Trends, Analysis and Outlook by Raw Material, Type, and Geography

  • May 2020 •
  • 80 pages •
  • Report ID: 5894370 •
  • Format: PDF
Key insights from the Global Bio-succinic Acid Market-
• The Global Bio-succinic Acid market is valued at $1 billion in 2020
• Sugarcane is the dominant Raw Material among Bio succinic Acid Market
• 1, 4-Butanediol (BDO) is the dominant application
• Europe is the largest user of Bio succinic Acid

The $1 billion Bio-succinic Acid industry presents strong investment and growth opportunities over the near to long term outlook period. The 2020 edition of the market report presents a comprehensive analysis of the global Bio-succinic Acid market from 2020 to 2028.The Bio-succinic Acid market research report presents detailed Bio-succinic Acid market analysis, and forecasts to 2028. Detailed insights into global and regional Bio-succinic Acid market statistics, Bio-succinic Acid companies and growth prospects across verticals are included.

Bio-succinic Acid Market Overview and Developments in 2020
The report presents a snapshot of recent market trends in the Bio-succinic Acid industry. Further, potential market drivers, major challenges, opportunities, major developments, competitive strategies, porter’s five forces analysis, and other analysis are included in the research.

Impact of COVID-19 on Global Bio-succinic Acid market revenue
The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Bio-succinic Acid manufacturers and vendors. However, we expect the negative impact of COVID-19 on Bio-succinic Acid to be compensated over the medium to long term future.

Bio-succinic Acid Market Size and Outlook by raw material to 2028
This chapter presents an insight into different Bio-succinic Acid types and their contribution to global market growth. The growth in global Bio-succinic Acid market size is forecast to continue despite the economic challenges. The report forecasts the Bio-succinic Acid market revenue across different raw material types, which include- Sugarcane, Maize, Wheat, Others. Of these, Sugarcane dominates the global Bio-succinic Acid market.

Bio-succinic Acid Market Size and Outlook by types to 2028
A long-term perspective indicates that BDO dominates the Bio-succinic Acid market. The industry is classified into different types including BDO, Polyesters, Plasticizers, Alkyd Resins, Others.

Global Bio-succinic Acid Company Profiles
The report presents business profiles of major companies operating in the industry including Nippon Shokubai Co Ltd, BASF SE, BioAmber Inc, Myriant Corporation, Reverdia, Valagro SpA.

The business overview, SWOT profile and product information are provided for all the companies.
The report identifies that the development of new applications and product portfolio is one of the key strategies to overcome identified challenges and for supporting continued growth. Manufacturing companies can also benefit from rising domestic demand in chemical end-use sectors. The majority of the companies are realigning their strategies to orient their business operations to changing market volatility, regulatory policy changes, geopolitical issues, changing end-user preferences, and others.

Sources and Methodology
The data and analysis presented in this report are sourced from a wide range of sources such as associations, manufacturers, suppliers, distributors, consumer companies, and government sources.

Scope of the research
• Global and regional Bio-succinic Acid Market Size estimates in revenue terms from 2019 to 2028
• Segmentation analysis across types, applications, and geographies
• Strategic analysis through trends, drivers, challenges, opportunities, porter’s five forces analysis
• Market Developments including M&A, new product development, and competitive analysis
• Potential strategies of leading companies