EUROPE SUCCINIC ACID MARKET FORECAST 2017-2026
KEY FINDINGS
The Europe succinic acid market captured nearly 38% revenue share of the global market by collecting $72.1 million in 2016. Over the course of the estimated forecast period of 2017-2026, the market is predicted to grow at 26.06% CAGR, generating a net worth of $700.3 million.
MARKET INSIGHTS
The European succinic acid market has flourished over the years because of a high demand from the Western Europe countries. The region already has an established petro-converting technology which is likely to play an important role in the future of the Europe succinic acid market. In recent years, the region has also witnessed a rise in awareness regarding the ecological effects of petrochemicals based products and hence a shift to environment-friendly bio-based succinic acid has been observed for this region. The market is mainly segmented on the basis of raw materials and applications. Germany is a market leader for the Europe succinic acid market and is expected to continue its reign throughout the forecast period. Spain, Italy, and U.K are the other important markets in this region.
COMPETITIVE INSIGHTS
Dsm Netherlands, Myriant Corporation, Succinity Gmbh, Merck Millipore (Merck), Linyi Lixing Chemical Co Ltd, Esim Chemicals, Sigma Aldrich, Bioamber Inc, Anhui Sunsing Chemicals Co Ltd, BASF Se, Reverdia (Dsm – Roquette), Anqing Hexing Chemical Co Ltd, Nippon Shokubai Co Ltd, Gadiv Petrochemical Industries Ltd, Kawasaki Kasei Chemicals, Mitsui & Co. Ltd and Mitsubishi Chemical Corporation are some of the renowned companies in the market.
The Europe succinic acid market captured nearly 38% revenue share of the global market by collecting $72.1 million in 2016. Over the course of the estimated forecast period of 2017-2026, the market is predicted to grow at 26.06% CAGR, generating a net worth of $700.3 million.
MARKET INSIGHTS
The European succinic acid market has flourished over the years because of a high demand from the Western Europe countries. The region already has an established petro-converting technology which is likely to play an important role in the future of the Europe succinic acid market. In recent years, the region has also witnessed a rise in awareness regarding the ecological effects of petrochemicals based products and hence a shift to environment-friendly bio-based succinic acid has been observed for this region. The market is mainly segmented on the basis of raw materials and applications. Germany is a market leader for the Europe succinic acid market and is expected to continue its reign throughout the forecast period. Spain, Italy, and U.K are the other important markets in this region.
COMPETITIVE INSIGHTS
Dsm Netherlands, Myriant Corporation, Succinity Gmbh, Merck Millipore (Merck), Linyi Lixing Chemical Co Ltd, Esim Chemicals, Sigma Aldrich, Bioamber Inc, Anhui Sunsing Chemicals Co Ltd, BASF Se, Reverdia (Dsm – Roquette), Anqing Hexing Chemical Co Ltd, Nippon Shokubai Co Ltd, Gadiv Petrochemical Industries Ltd, Kawasaki Kasei Chemicals, Mitsui & Co. Ltd and Mitsubishi Chemical Corporation are some of the renowned companies in the market.
1. RESEARCH SCOPE
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. ROBUST GROWTH IN BIO-BASED SUCCINIC ACID MARKET
3.2.2. INCREASED DEMAND FOR BIODEGRADABLE PLASTICS
4. MARKET DYNAMICS
4.1. MARKET DEFINITION
4.2. DRIVERS
4.2.1. SUPPORTIVE GOVERNMENT POLICIES GIVING RISE TO SUCCINIC ACID MARKET
4.2.2. AVAILABILITY OF RENEWABLE RAW MATERIALS
4.2.3. RISE IN PETROLEUM PRICES
4.3. RESTRAINTS
4.3.1. HIGH PRICE OF BIO-BASED SUCCINIC ACID
4.3.2. COMPETITIVE RIVALRY
4.4. OPPORTUNITY
4.4.1. VARIED APPLICATIONS
4.4.1.1. FOOD AND BEVERAGES
4.4.1.2. PHARMACEUTICALS
4.4.2. EFFECTIVE TREATMENT
4.4.3. GO GREEN INITIATIVE
4.4.4. SUBSTITUTE FOR KEY CHEMICALS
4.4.5. BIO-BASED BIODEGRADABLE PLASTIC IN DEMAND
4.5. CHALLENGES
4.5.1. HIGH PROCESSING COST
4.5.2. AWARENESS
4.5.3. TIME-CONSUMING PROCESS
5. MARKET BY RAW MATERIALS
5.1. BIO-BASED SUCCINIC ACID
5.1.1. PRODUCTION FROM CORN
5.1.2. PRODUCTION FROM MOLASSES
5.2. PETRO-BASED SUCCINIC ACID
5.2.1. MALEIC ANHYDRIDE
6. MARKET BY APPLICATIONS
6.1. 1,4- BUTANEDIOL (BDO)
6.2. PLASTICIZER
6.3. PBS (POLYBUTYLENE SUCCINATE)
6.4. SOLVENT AND LUBRICANT
6.5. POLYOLS
6.6. OTHER INDUSTRIAL USE
6.7. PHARMA
6.7.1. COSMETICS
6.7.2. PREPARATION OF DRUGS
6.8. FOOD
6.8.1. PRESERVATIVES
6.8.2. SOFTENING AGENT
6.8.3. PACKAGING
7. KEY ANALYTICS
7.1. PORTER’S 5 FORCE ANALYSIS
7.1.1. THREAT OF NEW ENTRANTS
7.1.2. THREAT OF SUBSTITUTE PRODUCTS
7.1.3. BARGAINING POWER OF BUYERS
7.1.4. BARGAINING POWER OF SUPPLIERS
7.1.5. INTENSITY OF COMPETITIVE RIVALRY
7.2. VALUE CHAIN ANALYSIS
7.2.1. RAW MATERIAL
7.2.2. PRODUCT
7.2.3. MARKETS
7.3. KEY BUYING CRITERIA
7.3.1. OBJECTIVE
7.3.1.1. UTILITY
7.3.1.2. PERSONAL CARE
7.3.1.3. SUBSTITUTE FOR PETROCHEMICAL BASED SUCCINIC ACID
7.3.1.4. REPLACEMENT FOR PLASTIC AND DERIVATIVES
7.3.1.5. PHARMACEUTICALS
7.3.1.6. FAVORABLE GOVERNMENT POLICIES AND REGULATIONS
7.3.2. PRICE
7.3.3. AVAILABILITY
7.3.4. QUALITY
7.3.5. ENVIRONMENT EFFECTS
7.4. VENDOR LANDSCAPE
7.5. OPPORTUNITY MATRIX
8. GEOGRAPHICAL ANALYSIS
8.1. UK
8.2. FRANCE
8.3. GERMANY
8.4. ITALY
8.5. SPAIN
8.6. NETHERLANDS
8.7. RUSSIA
8.8. ROE
9. COMPETITIVE LANDSCAPE
9.1. MARKET SHARE ANALYSIS
9.1.1. BIOAMBER/MITSUI
9.1.2. MYRIANT
9.1.3. SUCCINITY
9.1.4. REVERDIA
9.2. COMPANY PROFILES
9.2.1. BIOAMBER INC.
9.2.2. MYRIANT CORPORATION
9.2.3. BASF SE
9.2.4. DSM NETHERLANDS
9.2.5. MITSUI & CO. LTD
9.2.6. MITSUBISHI CHEMICAL CORPORATION
9.2.7. REVERDIA (DSM – ROQUETTE)
9.2.8. GADIV PETROCHEMICAL INDUSTRIES LTD
9.2.9. KAWASAKI KASEI CHEMICALS
9.2.10. LINYI LIXING CHEMICAL CO LTD
9.2.11. SUCCINITY GMBH
9.2.12. NIPPON SHOKUBAI CO LTD
9.2.13. ANHUI SUNSING CHEMICALS CO LTD
9.2.14. SIGMA ALDRICH
9.2.15. MERCK MILLIPORE (MERCK)
9.2.16. ESIM CHEMICALS
9.2.17. ANQING HEXING CHEMICAL CO LTD
1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS
2. RESEARCH METHODOLOGY
2.1. SOURCES OF DATA
2.1.1. SECONDARY DATA
2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION
3. EXECUTIVE SUMMARY
3.1. MARKET SUMMARY
3.2. KEY FINDINGS
3.2.1. ROBUST GROWTH IN BIO-BASED SUCCINIC ACID MARKET
3.2.2. INCREASED DEMAND FOR BIODEGRADABLE PLASTICS
4. MARKET DYNAMICS
4.1. MARKET DEFINITION
4.2. DRIVERS
4.2.1. SUPPORTIVE GOVERNMENT POLICIES GIVING RISE TO SUCCINIC ACID MARKET
4.2.2. AVAILABILITY OF RENEWABLE RAW MATERIALS
4.2.3. RISE IN PETROLEUM PRICES
4.3. RESTRAINTS
4.3.1. HIGH PRICE OF BIO-BASED SUCCINIC ACID
4.3.2. COMPETITIVE RIVALRY
4.4. OPPORTUNITY
4.4.1. VARIED APPLICATIONS
4.4.1.1. FOOD AND BEVERAGES
4.4.1.2. PHARMACEUTICALS
4.4.2. EFFECTIVE TREATMENT
4.4.3. GO GREEN INITIATIVE
4.4.4. SUBSTITUTE FOR KEY CHEMICALS
4.4.5. BIO-BASED BIODEGRADABLE PLASTIC IN DEMAND
4.5. CHALLENGES
4.5.1. HIGH PROCESSING COST
4.5.2. AWARENESS
4.5.3. TIME-CONSUMING PROCESS
5. MARKET BY RAW MATERIALS
5.1. BIO-BASED SUCCINIC ACID
5.1.1. PRODUCTION FROM CORN
5.1.2. PRODUCTION FROM MOLASSES
5.2. PETRO-BASED SUCCINIC ACID
5.2.1. MALEIC ANHYDRIDE
6. MARKET BY APPLICATIONS
6.1. 1,4- BUTANEDIOL (BDO)
6.2. PLASTICIZER
6.3. PBS (POLYBUTYLENE SUCCINATE)
6.4. SOLVENT AND LUBRICANT
6.5. POLYOLS
6.6. OTHER INDUSTRIAL USE
6.7. PHARMA
6.7.1. COSMETICS
6.7.2. PREPARATION OF DRUGS
6.8. FOOD
6.8.1. PRESERVATIVES
6.8.2. SOFTENING AGENT
6.8.3. PACKAGING
7. KEY ANALYTICS
7.1. PORTER’S 5 FORCE ANALYSIS
7.1.1. THREAT OF NEW ENTRANTS
7.1.2. THREAT OF SUBSTITUTE PRODUCTS
7.1.3. BARGAINING POWER OF BUYERS
7.1.4. BARGAINING POWER OF SUPPLIERS
7.1.5. INTENSITY OF COMPETITIVE RIVALRY
7.2. VALUE CHAIN ANALYSIS
7.2.1. RAW MATERIAL
7.2.2. PRODUCT
7.2.3. MARKETS
7.3. KEY BUYING CRITERIA
7.3.1. OBJECTIVE
7.3.1.1. UTILITY
7.3.1.2. PERSONAL CARE
7.3.1.3. SUBSTITUTE FOR PETROCHEMICAL BASED SUCCINIC ACID
7.3.1.4. REPLACEMENT FOR PLASTIC AND DERIVATIVES
7.3.1.5. PHARMACEUTICALS
7.3.1.6. FAVORABLE GOVERNMENT POLICIES AND REGULATIONS
7.3.2. PRICE
7.3.3. AVAILABILITY
7.3.4. QUALITY
7.3.5. ENVIRONMENT EFFECTS
7.4. VENDOR LANDSCAPE
7.5. OPPORTUNITY MATRIX
8. GEOGRAPHICAL ANALYSIS
8.1. UK
8.2. FRANCE
8.3. GERMANY
8.4. ITALY
8.5. SPAIN
8.6. NETHERLANDS
8.7. RUSSIA
8.8. ROE
9. COMPETITIVE LANDSCAPE
9.1. MARKET SHARE ANALYSIS
9.1.1. BIOAMBER/MITSUI
9.1.2. MYRIANT
9.1.3. SUCCINITY
9.1.4. REVERDIA
9.2. COMPANY PROFILES
9.2.1. BIOAMBER INC.
9.2.2. MYRIANT CORPORATION
9.2.3. BASF SE
9.2.4. DSM NETHERLANDS
9.2.5. MITSUI & CO. LTD
9.2.6. MITSUBISHI CHEMICAL CORPORATION
9.2.7. REVERDIA (DSM – ROQUETTE)
9.2.8. GADIV PETROCHEMICAL INDUSTRIES LTD
9.2.9. KAWASAKI KASEI CHEMICALS
9.2.10. LINYI LIXING CHEMICAL CO LTD
9.2.11. SUCCINITY GMBH
9.2.12. NIPPON SHOKUBAI CO LTD
9.2.13. ANHUI SUNSING CHEMICALS CO LTD
9.2.14. SIGMA ALDRICH
9.2.15. MERCK MILLIPORE (MERCK)
9.2.16. ESIM CHEMICALS
9.2.17. ANQING HEXING CHEMICAL CO LTD
LIST OF TABLES
Table 1 EUROPE SUCCINIC ACID MARKET BY COUNTRY 2017-2026 ($ MILLION)
Table 2 EUROPE SUCCINIC ACID MARKET BY RAW MATERIALS 2017-2026 ($ MILLION)
Table 3 EUROPE SUCCINIC ACID MARKET BY APPLICATIONS 2017-2026 ($ MILLION)
Table 4 KEY MOTIVATORS AND RESTRAINTS OF DIFFERENT GEOGRAPHIES
Table 5 EUROPE SUCCINIC ACID MARKET BY COUNTRY 2017-2026 ($ MILLION)
Table 1 EUROPE SUCCINIC ACID MARKET BY COUNTRY 2017-2026 ($ MILLION)
Table 2 EUROPE SUCCINIC ACID MARKET BY RAW MATERIALS 2017-2026 ($ MILLION)
Table 3 EUROPE SUCCINIC ACID MARKET BY APPLICATIONS 2017-2026 ($ MILLION)
Table 4 KEY MOTIVATORS AND RESTRAINTS OF DIFFERENT GEOGRAPHIES
Table 5 EUROPE SUCCINIC ACID MARKET BY COUNTRY 2017-2026 ($ MILLION)
LIST OF FIGURES
Figure 1 EUROPE SUCCINIC ACID MARKET BY RAW MATERIALS 2017-2026 ($ MILLION)
Figure 2 EUROPE BIO-BASED SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 3 EUROPE PETRO-BASED SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 4 EUROPE 1,4-BUTANEDIOL (BDO) MARKET 2017-2026 ($ MILLION)
Figure 5 EUROPE PLASTICIZER MARKET 2017-2026 ($ MILLION)
Figure 6 EUROPE PBS MARKET 2017-2026 ($ MILLION)
Figure 7 EUROPE SOLVENT AND LUBRICANT MARKET 2017-2026 ($ MILLION)
Figure 8 EUROPE POLYOLS MARKET 2017-2026 ($ MILLION)
Figure 9 EUROPE OTHER INDUSTRIAL MARKET 2017-2026 ($ MILLION)
Figure 10 EUROPE PHARMACEUTICAL MARKET 2017-2026 ($ MILLION)
Figure 11 EUROPE FOOD MARKET 2017-2026 ($ MILLION)
Figure 12 CUMULATIVE PRICE CHANGE IN CRUDE OIL, CORN, AND SUGAR
Figure 13 UK SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 14 FRANCE SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 15 GERMANY SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 16 ITALY SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 17 SPAIN SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 18 NETHERLANDS SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 19 RUSSIA SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 20 REST OF EUROPE SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 1 EUROPE SUCCINIC ACID MARKET BY RAW MATERIALS 2017-2026 ($ MILLION)
Figure 2 EUROPE BIO-BASED SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 3 EUROPE PETRO-BASED SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 4 EUROPE 1,4-BUTANEDIOL (BDO) MARKET 2017-2026 ($ MILLION)
Figure 5 EUROPE PLASTICIZER MARKET 2017-2026 ($ MILLION)
Figure 6 EUROPE PBS MARKET 2017-2026 ($ MILLION)
Figure 7 EUROPE SOLVENT AND LUBRICANT MARKET 2017-2026 ($ MILLION)
Figure 8 EUROPE POLYOLS MARKET 2017-2026 ($ MILLION)
Figure 9 EUROPE OTHER INDUSTRIAL MARKET 2017-2026 ($ MILLION)
Figure 10 EUROPE PHARMACEUTICAL MARKET 2017-2026 ($ MILLION)
Figure 11 EUROPE FOOD MARKET 2017-2026 ($ MILLION)
Figure 12 CUMULATIVE PRICE CHANGE IN CRUDE OIL, CORN, AND SUGAR
Figure 13 UK SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 14 FRANCE SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 15 GERMANY SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 16 ITALY SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 17 SPAIN SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 18 NETHERLANDS SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 19 RUSSIA SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
Figure 20 REST OF EUROPE SUCCINIC ACID MARKET 2017-2026 ($ MILLION)
