Global Bio-succinic Acid Market Size & Outlook, 2023-2030
Global bio-succinic acid market, 2018-2030 (US$M)
Related Markets
Global bio-succinic acid market highlights
- The global bio-succinic acid market generated a revenue of USD 126.7 million in 2023 and is expected to reach USD 273.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.6% by 2030.
- In terms of segment, bdo accounted for a revenue of USD 42.6 million in 2023.
- Polyester Polyols is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 126.7 million |
| Market revenue in 2030 | USD 273.6 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Bdo |
| Fastest growing segment | Polyester Polyols |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | BDO, Polyester Polyols, Plasticizers, PBS/PBST, Alkyd Resins, Other Applications |
Other key industry trends
- In terms of revenue, the North America accounted for 27.4% of the global bio-succinic acid market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 2.0 million by 2030.
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Bio-succinic Acid Market Scope
Bio-succinic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global bio-succinic acid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bio-succinic acid market will help companies and investors design strategic landscapes.
Bdo was the largest segment with a revenue share of 33.62% in 2023. Horizon Databook has segmented the Global bio-succinic acid market based on bdo, polyester polyols, plasticizers, pbs/pbst, alkyd resins, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bio-succinic Acid Application Outlook (Revenue, USD Million, 2018-2030)
- BDO
- Polyester Polyols
- Plasticizers
- PBS/PBST
- Alkyd Resins
- Other Applications
- Global Bio-succinic Acid End Use Outlook (Revenue, USD Million, 2018-2030)
- Industrial
- Food & Beverages
- Pharmaceuticals
- Personal Care & Cosmetics
- Other End-Uses
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Target buyers of Global bio-succinic acid market databook
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Our clientele includes a mix of bio-succinic acid market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global bio-succinic acid market , including forecasts for subscribers. This global databook contains high-level insights into Global bio-succinic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global bio-succinic acid market size, by regions, 2018-2030 (US$M)
Top 10 countries: Bio-succinic acid market size, 2023 (US$M)
Global bio-succinic acid market share, by application, 2023 & 2030 (%, US$M)
Bio-succinic acid market: Opportunity assessment by country
Global bio-succinic acid market, by region, 2023 (US$M)
Related regional statistics
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