Succinic Acid Market-Global Trends & Forecasts (2011-2016)

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MarketsandMarkets Presents
Global Succinic Acid Market worth 496.0 Million
by 2016
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ccinic-acid-market-402.html
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• The report Succinic Acid Market by Applications
  Geography - Global Trends Forecasts
  (2011-2016) defines and segments the global
  succinic acid market with analysis and
  forecasting of the global volume and revenue for
  succinic acid.
• It also identifies driving and restraining
  factors for the global succinic acid market with
  analysis of trends, opportunities, burning
  issues, winning imperatives, and challenges.
• Global Succinic Acid Market is expected to reach
  496.0 Million by 2016, growing at a CAGR Of
  18.7 from 2011 to 2016.
• Browse gtgt
• 50 market data tables/figures
• 209 pages and in-depth TOC on Succinic Acid
  Market
• http//www.marketsandmarkets.com/Market-Reports/su
  ccinic-acid-market-402.html
• Early buyers will receive 10 customization on
  this report.

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• Succinic acid is widely employed in chemical,
  pharmaceutical, food, and agricultural
  industries.
• These rapidly growing industrial markets for
  succinic acid are expected to boost the demand
  for succinic acid.
• Succinic acid yields derivatives such as
  1,4-butanediol (BDO), gamma-butyrolactone (GBL),
  and tetrahydrofuran (THF), which have high
  potential for use as solvents and fibers.
• In addition, pyrrolidinones and
  N-methylpyrrolidinone can also be directly
  produced from succinic acid manufactured by
  fermentation.
• Increasing popularity of renewable chemicals
  remain the key driving factors for chemical
  companies to enter into the production of
  bio-based succinic acid by using green production
  process.

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ccinic-acid-market-402.html
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• In the light of high growth prospects of
  bio-based succinic acid and achievement of cost
  effective production of succinic acid by using
  renewable feedstocks, strong investments and an
  increasing number of new projects are expected to
  come up.
• Several companies have invested heavily into the
  development or expansion of existing facilities
  for bio-based succinic acid. This will result
  into significant increase in production volume of
  succinic acid in the near future.
• The global succinic acid market in terms of
  revenue was estimated to be worth 182.8 million
  in 2010 and is expected to reach 496.0 million
  by 2016, growing at a CAGR of 18.7 from 2011 to
  2016.
• Europe and North America dominate the global
  succinic acid market, together accounting for
  66.0 of the global succinic acid demand in 2010.
  
• Asia-Pacific is expected to be the fastest
  growing market in the near future owing to the
  rapid advancement and increasing demand from key
  countries such as China and India.

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