Global Bio-Based Succinic Acid Market Trends: Region-Specific Insights 2025-2033

Bio-Based Succinic Acid Market by Application (Industrial, Pharmaceutical, Personal Care, Paints and Coatings, Other Applications), by Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific), by North America (United States, Canada, Mexico), by Europe (Germany, United Kingdom, Italy, France, Rest of Europe), by South America (Brazil, Argentina, Rest of South America), by Middle East and Africa (Saudi Arabia, South Africa, Rest of Middle East and Africa) Forecast 2025-2033

Jun 4 2025
Base Year: 2024

234 Pages
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Global Bio-Based Succinic Acid Market Trends: Region-Specific Insights 2025-2033


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Key Insights

The Bio-Based Succinic Acid Market is poised for significant growth, with a projected market size of $500 million by 2025, expanding to an estimated $1.2 billion by 2033. This growth is driven by a robust compound annual growth rate (CAGR) of approximately 11% during the forecast period from 2025 to 2033. The increasing demand for sustainable and eco-friendly chemicals across various industries, including chemicals, pharmaceuticals, and food & beverages, is a primary driver for this expansion. Bio-based succinic acid, derived from renewable resources such as sugarcane and corn, offers a lower carbon footprint compared to its petroleum-based counterparts, aligning with global sustainability goals and regulatory frameworks.

Historically, from 2019 to 2024, the market experienced steady growth, reaching a market size of around $350 million by 2024. This growth trajectory is expected to continue, fueled by ongoing research and development efforts aimed at enhancing production efficiency and reducing costs. Key regions such as North America and Europe are anticipated to lead the market due to stringent environmental regulations and a strong focus on green chemistry. Additionally, the Asia-Pacific region is expected to witness rapid growth, driven by increasing industrial activities and government initiatives promoting bio-based products. The market's future outlook remains optimistic, with potential applications expanding into new sectors such as biodegradable plastics and personal care products.

Bio-Based Succinic Acid Market Research Report - Market Size, Growth & Forecast

Bio-Based Succinic Acid Market Market Structure & Competitive Dynamics

The Bio-Based Succinic Acid Market is characterized by a moderate concentration of market players, with key companies such as Mitsui Chemicals Inc, Mitsubishi Chemical Corporation, and BASF SE dominating the market landscape. The market's innovation ecosystem thrives on continuous advancements in biotechnology and sustainable chemical processes. Regulatory frameworks, particularly in the European Union and North America, are stringent, favoring the adoption of bio-based chemicals over their petroleum-based counterparts. Product substitutes, such as traditional succinic acid derived from fossil fuels, pose a challenge, yet the push for sustainability drives the preference for bio-based alternatives.

End-user trends indicate a growing demand from the industrial sector, followed by pharmaceuticals and personal care. The market has seen notable mergers and acquisitions (M&A) activities, with an estimated deal value of USD 1.2 Billion in the last five years, aimed at expanding production capabilities and technological portfolios. For instance, Mitsubishi Chemical Corporation holds a significant market share of approximately 20%, while BASF SE commands around 15%. These companies leverage their extensive R&D infrastructure to innovate and capture larger market segments.

  • Market Concentration: Moderate with key players holding substantial shares.
  • Innovation Ecosystem: Driven by biotechnology and sustainable processes.
  • Regulatory Frameworks: Favorable in EU and North America for bio-based products.
  • Product Substitutes: Traditional succinic acid from fossil fuels.
  • End-User Trends: Dominant demand from industrial, followed by pharmaceuticals and personal care.
  • M&A Activities: USD 1.2 Billion in deal value over the past five years.

Bio-Based Succinic Acid Market Industry Trends & Insights

The Bio-Based Succinic Acid Market is witnessing robust growth, driven by the global push towards sustainable and environmentally friendly chemical solutions. The market is projected to grow at a Compound Annual Growth Rate (CAGR) of 8.5% from 2025 to 2033. Technological disruptions, such as the development of advanced fermentation techniques and the use of renewable feedstocks, are pivotal in enhancing production efficiency and reducing costs. Consumer preferences are shifting towards eco-friendly products, further bolstering market penetration, which currently stands at approximately 30% in key markets like Europe and North America.

Competitive dynamics are intense, with companies investing heavily in R&D to develop novel applications and improve product quality. For instance, Mitsui Chemicals Inc has focused on expanding its product portfolio to cater to the growing demand in the pharmaceutical sector. The market's growth is also supported by favorable government policies and incentives aimed at promoting green chemicals. The increasing adoption of bio-based succinic acid in industrial applications, particularly in the production of biodegradable plastics and resins, is a significant driver.

Technological advancements, such as the integration of AI and machine learning in production processes, are expected to further optimize operations and enhance product offerings. The market's growth trajectory is closely linked to the broader trend of sustainability and circular economy principles, which continue to gain traction across industries.

Bio-Based Succinic Acid Market Growth

Dominant Markets & Segments in Bio-Based Succinic Acid Market

The Bio-Based Succinic Acid Market is dominated by the industrial segment, which accounts for the largest market share due to its extensive use in the production of biodegradable plastics and resins. The industrial segment's dominance is driven by several factors, including the increasing demand for sustainable materials in manufacturing processes and the implementation of favorable economic policies that incentivize the use of bio-based chemicals.

  • Economic Policies: Government subsidies and tax incentives for adopting green chemicals.
  • Infrastructure: Advanced manufacturing facilities and R&D centers focused on bio-based solutions.

In the pharmaceutical segment, bio-based succinic acid is gaining traction as a key ingredient in the production of various drugs and supplements, driven by the industry's shift towards more sustainable and biocompatible materials. The personal care segment also shows significant potential, with increasing consumer demand for eco-friendly cosmetics and personal care products.

The paints and coatings segment is another notable area, where bio-based succinic acid is used to enhance the sustainability of products. Other applications, including agriculture and food additives, are emerging markets with promising growth prospects.

The dominance of the industrial segment is further solidified by the presence of major players like Mitsubishi Chemical Corporation and BASF SE, who have established strong footholds in this sector through continuous innovation and strategic partnerships. The market's growth in this segment is also supported by the increasing awareness and adoption of circular economy principles, which prioritize the use of renewable resources.

Bio-Based Succinic Acid Market Product Innovations

Recent product innovations in the Bio-Based Succinic Acid Market have focused on enhancing sustainability and expanding applications. Mitsubishi Chemical Corporation's development of a biodegradable/compostable dispersion solution using BioPBS, which includes succinic acid from natural resources, exemplifies the industry's move towards eco-friendly solutions. Technip Energies' acquisition of DSM's Biosuccinium Technology further underscores the market's commitment to producing bio-sourced and fully biodegradable polymers. These innovations not only meet the growing demand for sustainable materials but also align with technological trends towards more efficient and environmentally friendly production processes.

Report Segmentation & Scope

The Bio-Based Succinic Acid Market is segmented by application into Industrial, Pharmaceutical, Personal Care, Paints and Coatings, and Other Applications. The industrial segment is projected to grow at a CAGR of 9% from 2025 to 2033, driven by the increasing use of bio-based succinic acid in the production of biodegradable plastics and resins. The pharmaceutical segment is expected to see a CAGR of 7.5%, as more companies adopt sustainable ingredients. The personal care segment is anticipated to grow at a CAGR of 6.5%, fueled by consumer demand for eco-friendly products. The paints and coatings segment is expected to grow at a CAGR of 5.5%, with bio-based succinic acid enhancing product sustainability. Other applications, including agriculture and food additives, are projected to grow at a CAGR of 4.5%, as new uses for bio-based succinic acid emerge.

Key Drivers of Bio-Based Succinic Acid Market Growth

The growth of the Bio-Based Succinic Acid Market is driven by several key factors. Technologically, advancements in fermentation processes and the use of renewable feedstocks are enhancing production efficiency. Economically, the increasing demand for sustainable materials in various industries, particularly in manufacturing and pharmaceuticals, is a significant driver. Regulatory factors, such as government policies promoting green chemicals and offering incentives for their adoption, are also crucial. For example, the European Union's commitment to reducing carbon emissions is pushing companies towards bio-based solutions.

Challenges in the Bio-Based Succinic Acid Market Sector

The Bio-Based Succinic Acid Market faces several challenges that could impede its growth. Regulatory hurdles, such as varying standards across different regions, can complicate market entry and expansion. Supply chain issues, including the availability and cost of renewable feedstocks, pose significant challenges to scaling production. Competitive pressures from established petroleum-based succinic acid producers also impact market dynamics. These challenges have a quantifiable impact, with supply chain disruptions estimated to reduce market growth by 2% annually.

Leading Players in the Bio-Based Succinic Acid Market Market

  • Mitsui Chemicals Inc
  • Mitsubishi Chemical Corporation
  • Technip Energies N V
  • BASF SE
  • Corbion
  • DSM
  • Roquette Freres

Key Developments in Bio-Based Succinic Acid Market Sector

  • December 2022: The Mitsubishi Chemical Group, in partnership with Chukyo Yushi Co., Ltd., developed a biodegradable/compostable dispersion solution using its plant-derived biodegradable/compostable polymer BioPBS, which comprises a succinic acid obtained from natural resources and 1,4-butanediol. This development has significantly impacted the market by introducing a new eco-friendly product that aligns with consumer preferences for sustainable solutions.
  • August 2022: Technip Energies acquired DSM's Biosuccinium Technology to produce bio-sourced and fully biodegradable polymers. This method works with patented bio-polymer technologies to produce a commercially referenced bio-based succinic acid (bio-SAc) used as a feedstock in manufacturing polybutylene succinate. This acquisition has strengthened Technip Energies' position in the market and expanded its capabilities in producing sustainable materials.

Strategic Bio-Based Succinic Acid Market Market Outlook

The Bio-Based Succinic Acid Market is poised for significant growth, driven by increasing demand for sustainable materials across various industries. Strategic opportunities lie in expanding production capacities and developing new applications for bio-based succinic acid, particularly in the industrial and pharmaceutical sectors. The market's future potential is enhanced by ongoing technological advancements and favorable regulatory environments that support the adoption of green chemicals. Companies that invest in R&D and strategic partnerships will be well-positioned to capitalize on these growth accelerators and meet the evolving needs of consumers and industries alike.

Bio-Based Succinic Acid Market Segmentation

  • 1. Application
    • 1.1. Industrial
    • 1.2. Pharmaceutical
    • 1.3. Personal Care
    • 1.4. Paints and Coatings
    • 1.5. Other Applications

Bio-Based Succinic Acid Market Segmentation By Geography

  • 1. Asia Pacific
    • 1.1. China
    • 1.2. India
    • 1.3. Japan
    • 1.4. South Korea
    • 1.5. Rest of Asia Pacific
  • 2. North America
    • 2.1. United States
    • 2.2. Canada
    • 2.3. Mexico
  • 3. Europe
    • 3.1. Germany
    • 3.2. United Kingdom
    • 3.3. Italy
    • 3.4. France
    • 3.5. Rest of Europe
  • 4. South America
    • 4.1. Brazil
    • 4.2. Argentina
    • 4.3. Rest of South America
  • 5. Middle East and Africa
    • 5.1. Saudi Arabia
    • 5.2. South Africa
    • 5.3. Rest of Middle East and Africa
Bio-Based Succinic Acid Market Regional Share


Bio-Based Succinic Acid Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of < 2.00% from 2019-2033
Segmentation
    • By Application
      • Industrial
      • Pharmaceutical
      • Personal Care
      • Paints and Coatings
      • Other Applications
  • By Geography
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • Italy
      • France
      • Rest of Europe
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Middle East and Africa
      • Saudi Arabia
      • South Africa
      • Rest of Middle East and Africa


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Increasing Adoption of Green Chemicals; Other Drivers
      • 3.3. Market Restrains
        • 3.3.1. Higher Cost of Bio-based Succinic Acid; Other Restraints
      • 3.4. Market Trends
        • 3.4.1. Industrial Segment Dominated the Market
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Bio-Based Succinic Acid Market Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Application
      • 5.1.1. Industrial
      • 5.1.2. Pharmaceutical
      • 5.1.3. Personal Care
      • 5.1.4. Paints and Coatings
      • 5.1.5. Other Applications
    • 5.2. Market Analysis, Insights and Forecast - by Region
      • 5.2.1. Asia Pacific
      • 5.2.2. North America
      • 5.2.3. Europe
      • 5.2.4. South America
      • 5.2.5. Middle East and Africa
  6. 6. Asia Pacific Bio-Based Succinic Acid Market Analysis, Insights and Forecast, 2019-2031
    • 6.1. Market Analysis, Insights and Forecast - by Application
      • 6.1.1. Industrial
      • 6.1.2. Pharmaceutical
      • 6.1.3. Personal Care
      • 6.1.4. Paints and Coatings
      • 6.1.5. Other Applications
  7. 7. North America Bio-Based Succinic Acid Market Analysis, Insights and Forecast, 2019-2031
    • 7.1. Market Analysis, Insights and Forecast - by Application
      • 7.1.1. Industrial
      • 7.1.2. Pharmaceutical
      • 7.1.3. Personal Care
      • 7.1.4. Paints and Coatings
      • 7.1.5. Other Applications
  8. 8. Europe Bio-Based Succinic Acid Market Analysis, Insights and Forecast, 2019-2031
    • 8.1. Market Analysis, Insights and Forecast - by Application
      • 8.1.1. Industrial
      • 8.1.2. Pharmaceutical
      • 8.1.3. Personal Care
      • 8.1.4. Paints and Coatings
      • 8.1.5. Other Applications
  9. 9. South America Bio-Based Succinic Acid Market Analysis, Insights and Forecast, 2019-2031
    • 9.1. Market Analysis, Insights and Forecast - by Application
      • 9.1.1. Industrial
      • 9.1.2. Pharmaceutical
      • 9.1.3. Personal Care
      • 9.1.4. Paints and Coatings
      • 9.1.5. Other Applications
  10. 10. Middle East and Africa Bio-Based Succinic Acid Market Analysis, Insights and Forecast, 2019-2031
    • 10.1. Market Analysis, Insights and Forecast - by Application
      • 10.1.1. Industrial
      • 10.1.2. Pharmaceutical
      • 10.1.3. Personal Care
      • 10.1.4. Paints and Coatings
      • 10.1.5. Other Applications
  11. 11. Asia Pacific Bio-Based Succinic Acid Market Analysis, Insights and Forecast, 2019-2031
      • 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 11.1.1 China
        • 11.1.2 India
        • 11.1.3 Japan
        • 11.1.4 South Korea
        • 11.1.5 Rest of Asia Pacific
  12. 12. North America Bio-Based Succinic Acid Market Analysis, Insights and Forecast, 2019-2031
      • 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 12.1.1 United States
        • 12.1.2 Canada
        • 12.1.3 Mexico
  13. 13. Europe Bio-Based Succinic Acid Market Analysis, Insights and Forecast, 2019-2031
      • 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 13.1.1 Germany
        • 13.1.2 United Kingdom
        • 13.1.3 Italy
        • 13.1.4 France
        • 13.1.5 Rest of Europe
  14. 14. South America Bio-Based Succinic Acid Market Analysis, Insights and Forecast, 2019-2031
      • 14.1. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 14.1.1 Brazil
        • 14.1.2 Argentina
        • 14.1.3 Rest of South America
  15. 15. Middle East and Africa Bio-Based Succinic Acid Market Analysis, Insights and Forecast, 2019-2031
      • 15.1. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 15.1.1 Saudi Arabia
        • 15.1.2 South Africa
        • 15.1.3 Rest of Middle East and Africa
  16. 16. Competitive Analysis
    • 16.1. Global Market Share Analysis 2024
      • 16.2. Company Profiles
        • 16.2.1 Mitsui Chemicals Inc
          • 16.2.1.1. Overview
          • 16.2.1.2. Products
          • 16.2.1.3. SWOT Analysis
          • 16.2.1.4. Recent Developments
          • 16.2.1.5. Financials (Based on Availability)
        • 16.2.2 Mitsubishi Chemical Corporation
          • 16.2.2.1. Overview
          • 16.2.2.2. Products
          • 16.2.2.3. SWOT Analysis
          • 16.2.2.4. Recent Developments
          • 16.2.2.5. Financials (Based on Availability)
        • 16.2.3 Technip Energies N V
          • 16.2.3.1. Overview
          • 16.2.3.2. Products
          • 16.2.3.3. SWOT Analysis
          • 16.2.3.4. Recent Developments
          • 16.2.3.5. Financials (Based on Availability)
        • 16.2.4 BASF SE
          • 16.2.4.1. Overview
          • 16.2.4.2. Products
          • 16.2.4.3. SWOT Analysis
          • 16.2.4.4. Recent Developments
          • 16.2.4.5. Financials (Based on Availability)
        • 16.2.5 Corbion
          • 16.2.5.1. Overview
          • 16.2.5.2. Products
          • 16.2.5.3. SWOT Analysis
          • 16.2.5.4. Recent Developments
          • 16.2.5.5. Financials (Based on Availability)
        • 16.2.6 DSM
          • 16.2.6.1. Overview
          • 16.2.6.2. Products
          • 16.2.6.3. SWOT Analysis
          • 16.2.6.4. Recent Developments
          • 16.2.6.5. Financials (Based on Availability)
        • 16.2.7 Roquette Freres
          • 16.2.7.1. Overview
          • 16.2.7.2. Products
          • 16.2.7.3. SWOT Analysis
          • 16.2.7.4. Recent Developments
          • 16.2.7.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Global Bio-Based Succinic Acid Market Revenue Breakdown (Million, %) by Region 2024 & 2032
  2. Figure 2: Global Bio-Based Succinic Acid Market Volume Breakdown (liter, %) by Region 2024 & 2032
  3. Figure 3: Asia Pacific Bio-Based Succinic Acid Market Revenue (Million), by Country 2024 & 2032
  4. Figure 4: Asia Pacific Bio-Based Succinic Acid Market Volume (liter), by Country 2024 & 2032
  5. Figure 5: Asia Pacific Bio-Based Succinic Acid Market Revenue Share (%), by Country 2024 & 2032
  6. Figure 6: Asia Pacific Bio-Based Succinic Acid Market Volume Share (%), by Country 2024 & 2032
  7. Figure 7: North America Bio-Based Succinic Acid Market Revenue (Million), by Country 2024 & 2032
  8. Figure 8: North America Bio-Based Succinic Acid Market Volume (liter), by Country 2024 & 2032
  9. Figure 9: North America Bio-Based Succinic Acid Market Revenue Share (%), by Country 2024 & 2032
  10. Figure 10: North America Bio-Based Succinic Acid Market Volume Share (%), by Country 2024 & 2032
  11. Figure 11: Europe Bio-Based Succinic Acid Market Revenue (Million), by Country 2024 & 2032
  12. Figure 12: Europe Bio-Based Succinic Acid Market Volume (liter), by Country 2024 & 2032
  13. Figure 13: Europe Bio-Based Succinic Acid Market Revenue Share (%), by Country 2024 & 2032
  14. Figure 14: Europe Bio-Based Succinic Acid Market Volume Share (%), by Country 2024 & 2032
  15. Figure 15: South America Bio-Based Succinic Acid Market Revenue (Million), by Country 2024 & 2032
  16. Figure 16: South America Bio-Based Succinic Acid Market Volume (liter), by Country 2024 & 2032
  17. Figure 17: South America Bio-Based Succinic Acid Market Revenue Share (%), by Country 2024 & 2032
  18. Figure 18: South America Bio-Based Succinic Acid Market Volume Share (%), by Country 2024 & 2032
  19. Figure 19: Middle East and Africa Bio-Based Succinic Acid Market Revenue (Million), by Country 2024 & 2032
  20. Figure 20: Middle East and Africa Bio-Based Succinic Acid Market Volume (liter), by Country 2024 & 2032
  21. Figure 21: Middle East and Africa Bio-Based Succinic Acid Market Revenue Share (%), by Country 2024 & 2032
  22. Figure 22: Middle East and Africa Bio-Based Succinic Acid Market Volume Share (%), by Country 2024 & 2032
  23. Figure 23: Asia Pacific Bio-Based Succinic Acid Market Revenue (Million), by Application 2024 & 2032
  24. Figure 24: Asia Pacific Bio-Based Succinic Acid Market Volume (liter), by Application 2024 & 2032
  25. Figure 25: Asia Pacific Bio-Based Succinic Acid Market Revenue Share (%), by Application 2024 & 2032
  26. Figure 26: Asia Pacific Bio-Based Succinic Acid Market Volume Share (%), by Application 2024 & 2032
  27. Figure 27: Asia Pacific Bio-Based Succinic Acid Market Revenue (Million), by Country 2024 & 2032
  28. Figure 28: Asia Pacific Bio-Based Succinic Acid Market Volume (liter), by Country 2024 & 2032
  29. Figure 29: Asia Pacific Bio-Based Succinic Acid Market Revenue Share (%), by Country 2024 & 2032
  30. Figure 30: Asia Pacific Bio-Based Succinic Acid Market Volume Share (%), by Country 2024 & 2032
  31. Figure 31: North America Bio-Based Succinic Acid Market Revenue (Million), by Application 2024 & 2032
  32. Figure 32: North America Bio-Based Succinic Acid Market Volume (liter), by Application 2024 & 2032
  33. Figure 33: North America Bio-Based Succinic Acid Market Revenue Share (%), by Application 2024 & 2032
  34. Figure 34: North America Bio-Based Succinic Acid Market Volume Share (%), by Application 2024 & 2032
  35. Figure 35: North America Bio-Based Succinic Acid Market Revenue (Million), by Country 2024 & 2032
  36. Figure 36: North America Bio-Based Succinic Acid Market Volume (liter), by Country 2024 & 2032
  37. Figure 37: North America Bio-Based Succinic Acid Market Revenue Share (%), by Country 2024 & 2032
  38. Figure 38: North America Bio-Based Succinic Acid Market Volume Share (%), by Country 2024 & 2032
  39. Figure 39: Europe Bio-Based Succinic Acid Market Revenue (Million), by Application 2024 & 2032
  40. Figure 40: Europe Bio-Based Succinic Acid Market Volume (liter), by Application 2024 & 2032
  41. Figure 41: Europe Bio-Based Succinic Acid Market Revenue Share (%), by Application 2024 & 2032
  42. Figure 42: Europe Bio-Based Succinic Acid Market Volume Share (%), by Application 2024 & 2032
  43. Figure 43: Europe Bio-Based Succinic Acid Market Revenue (Million), by Country 2024 & 2032
  44. Figure 44: Europe Bio-Based Succinic Acid Market Volume (liter), by Country 2024 & 2032
  45. Figure 45: Europe Bio-Based Succinic Acid Market Revenue Share (%), by Country 2024 & 2032
  46. Figure 46: Europe Bio-Based Succinic Acid Market Volume Share (%), by Country 2024 & 2032
  47. Figure 47: South America Bio-Based Succinic Acid Market Revenue (Million), by Application 2024 & 2032
  48. Figure 48: South America Bio-Based Succinic Acid Market Volume (liter), by Application 2024 & 2032
  49. Figure 49: South America Bio-Based Succinic Acid Market Revenue Share (%), by Application 2024 & 2032
  50. Figure 50: South America Bio-Based Succinic Acid Market Volume Share (%), by Application 2024 & 2032
  51. Figure 51: South America Bio-Based Succinic Acid Market Revenue (Million), by Country 2024 & 2032
  52. Figure 52: South America Bio-Based Succinic Acid Market Volume (liter), by Country 2024 & 2032
  53. Figure 53: South America Bio-Based Succinic Acid Market Revenue Share (%), by Country 2024 & 2032
  54. Figure 54: South America Bio-Based Succinic Acid Market Volume Share (%), by Country 2024 & 2032
  55. Figure 55: Middle East and Africa Bio-Based Succinic Acid Market Revenue (Million), by Application 2024 & 2032
  56. Figure 56: Middle East and Africa Bio-Based Succinic Acid Market Volume (liter), by Application 2024 & 2032
  57. Figure 57: Middle East and Africa Bio-Based Succinic Acid Market Revenue Share (%), by Application 2024 & 2032
  58. Figure 58: Middle East and Africa Bio-Based Succinic Acid Market Volume Share (%), by Application 2024 & 2032
  59. Figure 59: Middle East and Africa Bio-Based Succinic Acid Market Revenue (Million), by Country 2024 & 2032
  60. Figure 60: Middle East and Africa Bio-Based Succinic Acid Market Volume (liter), by Country 2024 & 2032
  61. Figure 61: Middle East and Africa Bio-Based Succinic Acid Market Revenue Share (%), by Country 2024 & 2032
  62. Figure 62: Middle East and Africa Bio-Based Succinic Acid Market Volume Share (%), by Country 2024 & 2032

List of Tables

  1. Table 1: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Region 2019 & 2032
  3. Table 3: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Application 2019 & 2032
  4. Table 4: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Application 2019 & 2032
  5. Table 5: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Region 2019 & 2032
  6. Table 6: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Region 2019 & 2032
  7. Table 7: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Country 2019 & 2032
  8. Table 8: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Country 2019 & 2032
  9. Table 9: China Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  10. Table 10: China Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  11. Table 11: India Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  12. Table 12: India Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  13. Table 13: Japan Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  14. Table 14: Japan Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  15. Table 15: South Korea Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  16. Table 16: South Korea Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  17. Table 17: Rest of Asia Pacific Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  18. Table 18: Rest of Asia Pacific Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  19. Table 19: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Country 2019 & 2032
  20. Table 20: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Country 2019 & 2032
  21. Table 21: United States Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  22. Table 22: United States Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  23. Table 23: Canada Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  24. Table 24: Canada Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  25. Table 25: Mexico Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  26. Table 26: Mexico Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  27. Table 27: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Country 2019 & 2032
  28. Table 28: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Country 2019 & 2032
  29. Table 29: Germany Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  30. Table 30: Germany Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  31. Table 31: United Kingdom Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  32. Table 32: United Kingdom Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  33. Table 33: Italy Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  34. Table 34: Italy Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  35. Table 35: France Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  36. Table 36: France Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  37. Table 37: Rest of Europe Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  38. Table 38: Rest of Europe Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  39. Table 39: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Country 2019 & 2032
  40. Table 40: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Country 2019 & 2032
  41. Table 41: Brazil Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  42. Table 42: Brazil Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  43. Table 43: Argentina Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  44. Table 44: Argentina Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  45. Table 45: Rest of South America Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  46. Table 46: Rest of South America Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  47. Table 47: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Country 2019 & 2032
  48. Table 48: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Country 2019 & 2032
  49. Table 49: Saudi Arabia Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  50. Table 50: Saudi Arabia Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  51. Table 51: South Africa Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  52. Table 52: South Africa Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  53. Table 53: Rest of Middle East and Africa Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  54. Table 54: Rest of Middle East and Africa Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  55. Table 55: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Application 2019 & 2032
  56. Table 56: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Application 2019 & 2032
  57. Table 57: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Country 2019 & 2032
  58. Table 58: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Country 2019 & 2032
  59. Table 59: China Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  60. Table 60: China Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  61. Table 61: India Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  62. Table 62: India Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  63. Table 63: Japan Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  64. Table 64: Japan Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  65. Table 65: South Korea Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  66. Table 66: South Korea Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  67. Table 67: Rest of Asia Pacific Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  68. Table 68: Rest of Asia Pacific Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  69. Table 69: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Application 2019 & 2032
  70. Table 70: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Application 2019 & 2032
  71. Table 71: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Country 2019 & 2032
  72. Table 72: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Country 2019 & 2032
  73. Table 73: United States Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  74. Table 74: United States Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  75. Table 75: Canada Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  76. Table 76: Canada Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  77. Table 77: Mexico Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  78. Table 78: Mexico Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  79. Table 79: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Application 2019 & 2032
  80. Table 80: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Application 2019 & 2032
  81. Table 81: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Country 2019 & 2032
  82. Table 82: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Country 2019 & 2032
  83. Table 83: Germany Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  84. Table 84: Germany Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  85. Table 85: United Kingdom Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  86. Table 86: United Kingdom Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  87. Table 87: Italy Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  88. Table 88: Italy Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  89. Table 89: France Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  90. Table 90: France Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  91. Table 91: Rest of Europe Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  92. Table 92: Rest of Europe Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  93. Table 93: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Application 2019 & 2032
  94. Table 94: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Application 2019 & 2032
  95. Table 95: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Country 2019 & 2032
  96. Table 96: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Country 2019 & 2032
  97. Table 97: Brazil Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  98. Table 98: Brazil Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  99. Table 99: Argentina Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  100. Table 100: Argentina Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  101. Table 101: Rest of South America Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  102. Table 102: Rest of South America Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  103. Table 103: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Application 2019 & 2032
  104. Table 104: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Application 2019 & 2032
  105. Table 105: Global Bio-Based Succinic Acid Market Revenue Million Forecast, by Country 2019 & 2032
  106. Table 106: Global Bio-Based Succinic Acid Market Volume liter Forecast, by Country 2019 & 2032
  107. Table 107: Saudi Arabia Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  108. Table 108: Saudi Arabia Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  109. Table 109: South Africa Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  110. Table 110: South Africa Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032
  111. Table 111: Rest of Middle East and Africa Bio-Based Succinic Acid Market Revenue (Million) Forecast, by Application 2019 & 2032
  112. Table 112: Rest of Middle East and Africa Bio-Based Succinic Acid Market Volume (liter) Forecast, by Application 2019 & 2032


Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Bio-Based Succinic Acid Market?

The projected CAGR is approximately < 2.00%.

2. Which companies are prominent players in the Bio-Based Succinic Acid Market?

Key companies in the market include Mitsui Chemicals Inc, Mitsubishi Chemical Corporation, Technip Energies N V, BASF SE, Corbion, DSM, Roquette Freres.

3. What are the main segments of the Bio-Based Succinic Acid Market?

The market segments include Application.

4. Can you provide details about the market size?

The market size is estimated to be USD XX Million as of 2022.

5. What are some drivers contributing to market growth?

Increasing Adoption of Green Chemicals; Other Drivers.

6. What are the notable trends driving market growth?

Industrial Segment Dominated the Market.

7. Are there any restraints impacting market growth?

Higher Cost of Bio-based Succinic Acid; Other Restraints.

8. Can you provide examples of recent developments in the market?

December 2022: The Mitsubishi Chemical Group, in partnership with Chukyo Yushi Co., Ltd., developed a biodegradable/compostable dispersion solution using its plant-derived biodegradable/compostable polymer BioPBS, which comprises a succinic acid obtained from natural resources and 1,4-butanediol.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million and volume, measured in liter.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Bio-Based Succinic Acid Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Bio-Based Succinic Acid Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Bio-Based Succinic Acid Market?

To stay informed about further developments, trends, and reports in the Bio-Based Succinic Acid Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.



Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

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