Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Bio Succinic Acid Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Bio Succinic Acid industry at home and abroad, estimate the overall market scale of the Bio Succinic Acid industry and the market share of major countries, Bio Succinic Acid industry, and study and judge the downstream market demand of Bio Succinic Acid through systematic research, Analyze the competition pattern of Bio Succinic Acid, so as to help solve the pain points of various stakeholders in Bio Succinic Acid industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2029) of Bio Succinic Acid Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Bio Succinic Acid Market?
BioAmber Inc
Myriant Corporation
BASF
DSM
Mitsui & Co. Ltd
Mitsubishi Chemical
Purac (Carbion NV)
Gadiv Petrochemical Industries
Kawasaki Kasei Chemicals
Nippon Shokubai
PTT Global Chemical Public
Alpha Chemik
Jinan Huaming Biochemistry Co.,Ltd
Fuso Chemical
Major Type of Bio Succinic Acid Covered in VIC Research report:
Petrochemical based Succinic Acid
Bio based Succinic Acid
Application Segments Covered in VIC Research Market
Food & Beverages
Pharmaceuticals
Industrial Applications
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Bio Succinic Acid Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Bio Succinic Acid Market by Value
2.2.1 Global Bio Succinic Acid Revenue by Type
2.2.2 Global Bio Succinic Acid Market by Value (%)
2.3 Global Bio Succinic Acid Market by Production
2.3.1 Global Bio Succinic Acid Production by Type
2.3.2 Global Bio Succinic Acid Market by Production (%)
3. The Major Driver of Bio Succinic Acid Industry
3.1 Historical & Forecast Global Bio Succinic Acid Demand
3.2 Largest Application for Bio Succinic Acid (2019-2029)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Bio Succinic Acid Market
4.1 Regional Market Size in Terms of Production & Demand (2023)
4.2 Regional Market Share in Terms of Revenue (2019-2023)
4.3 Concentration Ratio (CR5& CR10) of Bio Succinic Acid Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Bio Succinic Acid Production, Revenue (2019-2029)
5.1 Current and Estimated Production Breakdown by Type
5.2 Current and Estimated Production Breakdown by Application
5.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
6. Europe Bio Succinic Acid Production, Revenue (2019-2029)
6.1 Current and Estimated Production Breakdown by Type
6.2 Current and Estimated Production Breakdown by Application
6.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
7. China Bio Succinic Acid Production, Revenue (2019-2029)
7.1 Current and Estimated Production Breakdown by Type
7.2 Current and Estimated Production Breakdown by Application
7.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
8. Japan Bio Succinic Acid Production, Revenue (2019-2029)
8.1 Current and Estimated Production Breakdown by Type
8.2 Current and Estimated Production Breakdown by Application
8.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
9. India Bio Succinic Acid Production, Revenue (2019-2029)
9.1 Current and Estimated Production Breakdown by Type
9.2 Current and Estimated Production Breakdown by Application
9.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
10. Korea Bio Succinic Acid Production, Revenue (2019-2029)
10.1 Current and Estimated Production Breakdown by Type
10.2 Current and Estimated Production Breakdown by Application
10.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
11. Southeast Asia Bio Succinic Acid Production, Revenue (2019-2029)
11.1 Current and Estimated Production Breakdown by Type
11.2 Current and Estimated Production Breakdown by Application
11.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
12. Global Bio Succinic Acid Average Price Trend
12.1 Market Price for Each Type of Bio Succinic Acid in US (2019-2023)
12.2 Market Price for Each Type of Bio Succinic Acid in Europe (2019-2023)
12.3 Market Price for Each Type of Bio Succinic Acid in China (2019-2023)
12.4 Market Price for Each Type of Bio Succinic Acid in Japan (2019-2023)
12.5 Market Price for Each Type of Bio Succinic Acid in India (2019-2023)
12.6 Market Price for Each Type of Bio Succinic Acid in Korea (2019-2023)
12.7 Market Price for Each Type of Bio Succinic Acid in Southeast Asia (2019-2023)
13. Industrial Chain (Impact of COVID-19)
13.1 Bio Succinic Acid Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Post-pandemic Era
13.5 Technology Trends of Bio Succinic Acid
14. Bio Succinic Acid Competitive Landscape
14.1 BioAmber Inc
14.1.1 BioAmber Inc Company Profiles
14.1.2 BioAmber Inc Product Introduction
14.1.3 BioAmber Inc Bio Succinic Acid Production, Revenue (2019-2023)
14.1.4 Strategic initiatives
14.2 Myriant Corporation
14.2.1 Myriant Corporation Company Profiles
14.2.2 Myriant Corporation Product Introduction
14.2.3 Myriant Corporation Bio Succinic Acid Production, Revenue (2019-2023)
14.2.4 Strategic initiatives
14.3 BASF
14.3.1 BASF Company Profiles
14.3.2 BASF Product Introduction
14.3.3 BASF Bio Succinic Acid Production, Revenue (2019-2023)
14.3.4 Strategic initiatives
14.4 DSM
14.4.1 DSM Company Profiles
14.4.2 DSM Product Introduction
14.4.3 DSM Bio Succinic Acid Production, Revenue (2019-2023)
14.4.4 Strategic initiatives
14.5 Mitsui & Co. Ltd
14.5.1 Mitsui & Co. Ltd Company Profiles
14.5.2 Mitsui & Co. Ltd Product Introduction
14.5.3 Mitsui & Co. Ltd Bio Succinic Acid Production, Revenue (2019-2023)
14.5.4 Strategic initiatives
14.6 Mitsubishi Chemical
14.6.1 Mitsubishi Chemical Company Profiles
14.6.2 Mitsubishi Chemical Product Introduction
14.6.3 Mitsubishi Chemical Bio Succinic Acid Production, Revenue (2019-2023)
14.6.4 Strategic initiatives
14.7 Purac (Carbion NV)
14.7.1 Purac (Carbion NV) Company Profiles
14.7.2 Purac (Carbion NV) Product Introduction
14.7.3 Purac (Carbion NV) Bio Succinic Acid Production, Revenue (2019-2023)
14.7.4 Strategic initiatives
14.8 Gadiv Petrochemical Industries
14.8.1 Gadiv Petrochemical Industries Company Profiles
14.8.2 Gadiv Petrochemical Industries Product Introduction
14.8.3 Gadiv Petrochemical Industries Bio Succinic Acid Production, Revenue (2019-2023)
14.8.4 Strategic initiatives
14.9 Kawasaki Kasei Chemicals
14.9.1 Kawasaki Kasei Chemicals Company Profiles
14.9.2 Kawasaki Kasei Chemicals Product Introduction
14.9.3 Kawasaki Kasei Chemicals Bio Succinic Acid Production, Revenue (2019-2023)
14.9.4 Strategic initiatives
14.10 Nippon Shokubai
14.10.1 Nippon Shokubai Company Profiles
14.10.2 Nippon Shokubai Product Introduction
14.10.3 Nippon Shokubai Bio Succinic Acid Production, Revenue (2019-2023)
14.10.4 Strategic initiatives
14.11 PTT Global Chemical Public
14.12 Alpha Chemik
14.13 Jinan Huaming Biochemistry Co.,Ltd
14.14 Fuso Chemical
15. Conclusion
16. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Demand by Application of Bio Succinic Acid Industry (Volume)
Figure 2. Bio Succinic Acid Production & Demand by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2027)
Figure 4. The Top 10 and 5 Players Market Share by Bio Succinic Acid Revenue in 2023
Figure 5. US Bio Succinic Acid Production, Demand (2019-2029)
Figure 6. Production Breakdown by Type (%)
Figure 7. Demand Breakdown by Type (%)
Figure 8. Demand Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Bio Succinic Acid Production, Demand (2019-2029)
Figure 12. Production Breakdown by Type (%)
Figure 13. Demand Breakdown by Type (%)
Figure 14. Demand Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Bio Succinic Acid Production, Demand (2019-2029)
Figure 18. Production Breakdown by Type (%)
Figure 19. Demand Breakdown by Type (%)
Figure 20. Demand Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Bio Succinic Acid Production, Demand (2019-2029)
Figure 25. Production Breakdown by Type (%)
Figure 26. Demand Breakdown by Type (%)
Figure 27. Demand Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Bio Succinic Acid Production, Demand (2019-2029)
Figure 31. Production Breakdown by Type (%)
Figure 32. Demand Breakdown by Type (%)
Figure 33. Demand Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Bio Succinic Acid Production, Demand (2019-2029)
Figure 37. Production Breakdown by Type (%)
Figure 38. Demand Breakdown by Type (%)
Figure 39. Demand Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Bio Succinic Acid Production, Demand (2019-2029)
Figure 43. Current and Estimated Production Breakdown by Type (2019-2029)
Figure 44. Production Breakdown by Type (%)
Figure 45. Demand Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Bio Succinic Acid Revenue, by Type (Million USD) (2019-2029)
Table 4. Bio Succinic Acid Production, by Type (K Unit) (2019-2029)
Table 5. Bio Succinic Acid Demand (K Unit) by Application (2019-2029)
Table 6. Bio Succinic Acid Demand (Million USD) by Application (2019-2029)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Production & Demand (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2027)
Table 10. Ranking of Global Top Bio Succinic Acid Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Bio Succinic Acid Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 13. Current and Estimated Production Breakdown by Type (2019-2029)
Table 14. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 15. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Bio Succinic Acid Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 19. Current and Estimated Production Breakdown by Type (2019-2029)
Table 20. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 21. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Bio Succinic Acid Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 25. Table Current and Estimated Production Breakdown by Type
Table 26. Current and Estimated Demand Breakdown by Type
Table 27. Current and Estimated Demand Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Bio Succinic Acid Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 30. Current and Estimated Production Breakdown by Type (2019-2029)
Table 31. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 32. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Bio Succinic Acid Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 36. Current and Estimated Production Breakdown by Type (2019-2029)
Table 37. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 38. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Bio Succinic Acid Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 42. Current and Estimated Production Breakdown by Type (2019-2029)
Table 43. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 44. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Bio Succinic Acid Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 48. Table Current and Estimated Demand Breakdown by Type (2019-2029)
Table 49. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Bio Succinic Acid in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Bio Succinic Acid in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Bio Succinic Acid in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Bio Succinic Acid in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Bio Succinic Acid in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Bio Succinic Acid in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Bio Succinic Acid in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. BioAmber Inc Profiles
Table 61. BioAmber Inc Bio Succinic Acid Product Introduction
Table 62. BioAmber Inc Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 63. BioAmber Inc Strategic initiatives
Table 64. Myriant Corporation Profiles
Table 65. Myriant Corporation Bio Succinic Acid Product Introduction
Table 66. Myriant Corporation Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 67. Myriant Corporation Strategic initiatives
Table 68. BASF Profiles
Table 69. BASF Bio Succinic Acid Product Introduction
Table 70. BASF Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 71. BASF Strategic initiatives
Table 72. DSM Profiles
Table 73. DSM Bio Succinic Acid Product Introduction
Table 74. DSM Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 75. DSM Strategic initiatives
Table 76. Mitsui & Co. Ltd Profiles
Table 77. Mitsui & Co. Ltd Bio Succinic Acid Product Introduction
Table 78. Mitsui & Co. Ltd Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 79. Mitsui & Co. Ltd Strategic initiatives
Table 80. Mitsubishi Chemical Profiles
Table 81. Mitsubishi Chemical Bio Succinic Acid Product Introduction
Table 82. Mitsubishi Chemical Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 83. Mitsubishi Chemical Strategic initiatives
Table 84. Purac (Carbion NV) Profiles
Table 85. Purac (Carbion NV) Bio Succinic Acid Product Introduction
Table 86. Purac (Carbion NV) Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 87. Purac (Carbion NV) Strategic initiatives
Table 88. Gadiv Petrochemical Industries Profiles
Table 89. Gadiv Petrochemical Industries Bio Succinic Acid Product Introduction
Table 90. Gadiv Petrochemical Industries Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 91. Gadiv Petrochemical Industries Strategic initiatives
Table 92. Kawasaki Kasei Chemicals Profiles
Table 93. Kawasaki Kasei Chemicals Bio Succinic Acid Product Introduction
Table 94. Kawasaki Kasei Chemicals Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 95. Kawasaki Kasei Chemicals Strategic initiatives
Table 97. Nippon Shokubai Profiles
Table 98. Nippon Shokubai Bio Succinic Acid Product Introduction
Table 99. Nippon Shokubai Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 100. Nippon Shokubai Strategic initiatives
Table 101. PTT Global Chemical Public Profiles
Table 102. PTT Global Chemical Public Bio Succinic Acid Product Introduction
Table 103. PTT Global Chemical Public Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 104. PTT Global Chemical Public Strategic initiatives
Table 105. Alpha Chemik Profiles
Table 106. Alpha Chemik Bio Succinic Acid Product Introduction
Table 107. Alpha Chemik Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 108. Alpha Chemik Strategic initiatives
Table 109. Jinan Huaming Biochemistry Co.,Ltd Profiles
Table 110. Jinan Huaming Biochemistry Co.,Ltd Bio Succinic Acid Product Introduction
Table 111. Jinan Huaming Biochemistry Co.,Ltd Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 112. Jinan Huaming Biochemistry Co.,Ltd Strategic initiatives
Table 113. Fuso Chemical Profiles
Table 114. Fuso Chemical Bio Succinic Acid Product Introduction
Table 115. Fuso Chemical Bio Succinic Acid Production (Unit), Revenue (Million USD) (2019-2023)
Table 116. Fuso Chemical Strategic initiatives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.