An exciting new study from the team of Lucintel found that succinic acid market is expected to grow with a CAGR of 28%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The succinic acid market is segmented based on product type, application, end use industry, and region. In this market, petro-based is expected to remain the largest product type, and industrial segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like high economic growth, growing manufacturing sector, cheap labor, increasing foreign investments, agreements/collaborations and expansion, growing consumption of plastics, and a global shift in the production capacity from the developed markets to the emerging markets.
Bioamber, Myriant Corporation, Kawasaki Kasei Chemicals Ltd., Linyi Lixing Chemical Co., Ltd., Anhui Sunsing Chemicals Co., Ltd., Mitsubishi Chemical Holdings Corporation, Succinity GmbH, Nippon Shokubai Co. Ltd, Gadiv Petrochemical Industries Ltd., and Reverdia are some of the major players profiled in this 150 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global succinic acid market by product type (bio-based and petro-based), application (polyurethane, resins, coatings & pigments, pharmaceuticals, plasticizers, food & beverage, PBS/PBT, solvents & lubricants, de-icer solutions, personal care, and others), end use industry (industrial, food & beverage, coatings, and pharmaceutical), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the succinic acid market?
Q.4 What are some changing demands of customers in the succinic acid market?
Q.5 What are the new developments in the succinic acid market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this succinic acid area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this succinic acid market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
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