Global Bio-Based Succinic Acid Market Research Report 2021 - Impact of COVID-19 on the Market

SKU ID : Maia-19205335 | Publishing Date : 23-Sep-2021 | No. of pages : 124

Succinic acid is a dicarboxylic acid with the chemical formula (CH2)2(CO2H)2. Succinic acid was identified as one of the top twelve building-block chemicals that could be produced from renewable feedstocks. Currently, succinic acid uses a petroleum-derived maleic anhydride route for its production, which is both costly and environmentally unfriendly. As a result, there is a growing interest towards discovering a more economical and environmentally cleaner way for its production. One methodology that has been receiving increased attention is the use of bacterial microorganisms.
The Bio-Based Succinic Acid market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

Considering the influence of COVID-19 on the global Bio-Based Succinic Acid market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the Bio-Based Succinic Acid Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in Bio-Based Succinic Acid market are:
Kawasaki Kasei Chemicals
Thyssenkrupp
Anhui Sunsing Chemicals
Evonik
R-Biopharm
Mitsubishi Chemical
Myriant
Linyi Lixing Chemical
Bioamber
Reverdia
Nippon Shokubai
Astatech
Succinity
Gadiv Petrochemical

Most important types of Bio-Based Succinic Acid products covered in this report are:
Industrial Grade
Pharmaceutical Grade
Food Grade

Most widely used downstream fields of Bio-Based Succinic Acid market covered in this report are:
Pharmaceutical Industry
Chemical Industry
Food & Beverage
Others

Major Region

s or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

Years considered for this report:


Historical Years:

2016-2020

Base Year:

2020

Estimated Year:

2021

Forecast Period:

2021-2026

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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