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Global Bio-Succinic Acid Industry 2018 Market Research Report Popular Trends & Technological Advancements Michael Jordan Bengals Jersey , Forecast & Opportunities
by Infinium · January 8, 2019

We have produced a new premium report Bio-Succinic Acid Market. The report covers the analysis of global as well as regional markets of Bio-Succinic Acid. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Bio-Succinic Acid Market by resins types (acrylics, polyesters, alkyds, epoxies, polyurethanes), distribution channels (company-owned stores Renell Wren Bengals Jersey , independent distributors, large retailers, wholesalers), applications (interior, exterior),end-users (residential, commercial) through main geographies in the Global Bio-Succinic Acid Market such as North America Ryan Finley Bengals Jersey , Europe, Asia-Pacific and RoW.

The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encourage the expansion of the Bio-Succinic Acid Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis Germaine Pratt Bengals Jersey , by key players respectively. Some of the prominent participants in the Global Bio-Succinic Acid Market are Axalta, Berger Paints, Benjamin Moore, PPG Industries, Nippon Paint, Dulux Australia, Sherwin-Williams Drew Sample Bengals Jersey , BASF SE and Valspar. According to report the global bio-succinic acid market is projected to grow at a CAGR of 19.71% over the forecast period of 2018 – 2024.


For More Details Get Free Sample Pages of this Research Report@ Increase in demand of bio-based chemicals to drive the growth of the bio-succinic acid market

Bio-Succinic acid, also known as amber acid and is produced naturally as a product of cellular metabolism, and it is being produced from cassava, sugarcane, corn, and even can be produced from waste material such as agriculture waste, beetroot pulp Jonah Williams Bengals Jersey , and other waste. Succinic acid has a wide range of uses in an intermediate chemical application such as industrial, pharmaceuticals, food and cosmetics. Until now it was commonly used as fossil fuel at the industrial level.

Petroleum-based succinic acid shows noteworthy carbon impression during the manufacturing process. Rising consciousness about the benefits of using bio-based chemicals in the packaging and food industry, growing demand for green chemicals globally has generated adoption of bio-based succinic acid in various applications such as bioplastics production, and growing use of bio-succinic for reduction in carbon footprints with favourable government regulations and rising awareness towards the harmful impact of usage of petroleum-based chemicals are the factors driving the growth of bio-succinic market.

North America to dominate the global bio-succinic acid market through 2018-2024

North America has a large share in this market. Omkar Harane a research analyst at Infinium Global Research quoted that the growth in the North America market for bio-succinic acid is due to strict regulations towards the harmful impact of usage of petroleum-based chemicals. These regulations have allowed noteworthy application of bio-succinic acid in various chemical manufacturing units. Hetal Patel further quoted that the Asia Pacific would be the fastest growing market due to increasing industrialization combined with increasing demand for bio-succinic acid in plasticizers, alkyd resins, and polyester polyols in these countries.

New Launches to remain key expansion strategies of the leading players in the succinic market during 2018-2024

June 2017 Joe Mixon Bengals Jersey , BioAmber Inc. launched BIO-SA™ pharmaceutical grade. Company’s president and COO told that this product would allow BioAmber to supply to high-value industries with commercial volumes of an FDA regulated bio-succinic acid, a grade previously unavailable to these markets till now.


Browse Detailed TOC, Description, and Companies Mentioned in Report @ Major Key Players mentioned in this Premium R