PUBLISHER: TechNavio | PRODUCT CODE: 1911109
PUBLISHER: TechNavio | PRODUCT CODE: 1911109
The global succinic acid market is forecasted to grow by USD 358.5 mn during 2025-2030, accelerating at a CAGR of 12.1% during the forecast period. The report on the global succinic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by application in various industries, consumer preference toward environment-friendly products, expanding food and beverage industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 10.7% |
| CAGR | 12.1% |
| Incremental Value | $358.5 mn |
Technavio's global succinic acid market is segmented as below:
By Type
By End-User
By Application
Geography
This study identifies the bio-succinic acid gaining popularity as one of the prime reasons driving the global succinic acid market growth during the next few years. Also, shift towards bio-based production and sustainable feedstocks and rising use in bioplastics and personal care will lead to sizable demand in the market.
The report on the global succinic acid market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global succinic acid market vendors that include Alfa Chemical Co. Ltd., Anhui Chemicals Co. Ltd., Aurochemicals, Central Drug House P. Ltd., Corbion N.V., EMCO Dyestuff Pvt. Ltd., Fengchen Group Co. Ltd., Henan GP Chemicals Co. Ltd., KUNSHAN ODOWELL CO. LTD., Merck KGaA, NIPPON SHOKUBAI CO. LTD., Otto Chemie Pvt. Ltd., Qinmu Fine Chemical Co. Ltd., Roquette Freres SA, Spectrum Chemical Mfg. Corp., Tokyo Chemical Co. Ltd., Vizag Chemical International. Also, the global succinic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.