Global Industrial Grade Succinic Acid Market Growth 2024-2030

Global Industrial Grade Succinic Acid Market Growth 2024-2030

Succinic acid, also known as amber acid, is a colorless or white solid particle or powder with a sour taste at room temperature. It is an important organic chemical raw material and intermediate, widely present in humans, animals, plants, and microorganisms. Mainly used in industries such as monosodium glutamate, pharmaceuticals, pesticides, food, synthetic plastics, electronic semiconductors, rubber, protective coatings, dyes, and others. In addition to the above applications, succinic acid can also derive many downstream products, such as disodium succinate. As the main raw material of biodegradable plastic polybutylene succinate (PBS), it faces huge market opportunities with the guidance and development direction of environmental and biodegradable policies by the world and countries.

The global Industrial Grade Succinic Acid market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Industrial Grade Succinic Acid Industry Forecast” looks at past sales and reviews total world Industrial Grade Succinic Acid sales in 2023, providing a comprehensive analysis by region and market sector of projected Industrial Grade Succinic Acid sales for 2024 through 2030. With Industrial Grade Succinic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Grade Succinic Acid industry.

This Insight Report provides a comprehensive analysis of the global Industrial Grade Succinic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Grade Succinic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Grade Succinic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Grade Succinic Acid and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Grade Succinic Acid.

United States market for Industrial Grade Succinic Acid is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Industrial Grade Succinic Acid is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Industrial Grade Succinic Acid is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Industrial Grade Succinic Acid players cover NIPPON SHOKUBAI, Jin Hui Zhao Long High Technology, Shanghai Shenren Fine Chemical, Shandong Feiyang Chemical, Shandong Yigang Chemicals, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Grade Succinic Acid market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Purity 99%
Purity 99.5%
Others

Segmentation by Application:
Dyestuff
Resin
Pesticides
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
NIPPON SHOKUBAI
Jin Hui Zhao Long High Technology
Shanghai Shenren Fine Chemical
Shandong Feiyang Chemical
Shandong Yigang Chemicals
Hefei TNJ Chemical Industry
Zhengzhou Meiya Chemical Products
Shanghai Sunwise Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Grade Succinic Acid market?

What factors are driving Industrial Grade Succinic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Grade Succinic Acid market opportunities vary by end market size?

How does Industrial Grade Succinic Acid break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.