Global Succinic Acid Market by End-Use Industry (Chemical, Pharmaceuticals, Food & Beverage, Personal Care and Others), by Region (North America, Eastern Europe, Western Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2028)

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Quince Market Insights Provides a report on Global Succinic Acid Market.This report provides a detailed understanding of the Global Succinic Acid Market from qualitative and quantitative perspectives during the forecast period.

Succinic acid is a bulk chemical and is a precursor of many important, large-volume industrial chemicals and consumer products. It can be produced from fossil fuels by catalytic hydrogenation of maleic anhydride and also from a biological process as succinic acid occurs in living organisms as an intermediate of the tricarboxylic acid cycle, and in some anaerobic organisms, succinic acid is excreted as an end product during anaerobic fermentation.

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Succinic acid is mainly produced from fossil fuels, but biological processes for succinic acid production may become more economically competitive with increases in fossil fuel prices. Succinic acid is used as an intermediate for dyes, perfumes, lacquers, photographic chemicals, alkyd resins, plasticizers, metal treatment chemicals, and coatings.

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Market Segmentation:

By Type:

  • Fossil Fuel Based

  • Bio-Based

By Application:

  • Chemical Intermediate

  • Food Additives

  • Plasticizers

  • Fuel Additives

  • Others

By End-Use Industry:

  • Chemical

  • Pharmaceuticals

  • Food & Beverage

  • Personal Care

  • Others

The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market, along with identifying major segments and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand for Global Succinic Acid Market.

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Major companies operating in the market are Nippon Shokubai, BioAmber, GC Innovation America, Succinity GmbH, Kawasaki Kasei Chemicals….

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