US Succinic Acid Market

ID: MRFR/CnM/18824-HCR
100 Pages
Garvit Vyas
Last Updated: April 06, 2026
US Succinic Acid Market
US Succinic Acid Market
Market Size
Forecast Period2025 - 2035
CAGR (2025 - 2035)5.88%
2024 Market Size$ 32 Million
2025 Market Size$ 33.88 Million
2035 Market Size$ 60 Million
Key Players
Mitsubishi Chemical Corporation
BASF SE
Reverdia
Myriant Corporation
Succinity GmbH
BioAmber Inc.
Trends
  • Rising Demand in Bioplastics
  • Pharmaceutical Applications
  • Regulatory Support for Bio-based Chemicals
Opportunities
  • Rising Demand from the Automotive Sector
  • Growing Interest in Sustainable Solutions
  • Expansion in Food and Beverage Applications
Summary Table of Contents Segmentation Download PDF
  1. 1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
    1. 1.1 EXECUTIVE SUMMARY
      1. 1.1.1 Market Overview
      2. 1.1.2 Key Findings
      3. 1.1.3 Market Segmentation
      4. 1.1.4 Competitive Landscape
      5. 1.1.5 Challenges and Opportunities
      6. 1.1.6 Future Outlook
  2. 2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
    1. 2.1 MARKET INTRODUCTION
      1. 2.1.1 Definition
      2. 2.1.2 Scope of the study
        1. 2.1.2.1 Research Objective
        2. 2.1.2.2 Assumption
        3. 2.1.2.3 Limitations
    2. 2.2 RESEARCH METHODOLOGY
      1. 2.2.1 Overview
      2. 2.2.2 Data Mining
      3. 2.2.3 Secondary Research
      4. 2.2.4 Primary Research
        1. 2.2.4.1 Primary Interviews and Information Gathering Process
        2. 2.2.4.2 Breakdown of Primary Respondents
      5. 2.2.5 Forecasting Model
      6. 2.2.6 Market Size Estimation
        1. 2.2.6.1 Bottom-Up Approach
        2. 2.2.6.2 Top-Down Approach
      7. 2.2.7 Data Triangulation
      8. 2.2.8 Validation
  3. 3 SECTION III: QUALITATIVE ANALYSIS
    1. 3.1 MARKET DYNAMICS
      1. 3.1.1 Overview
      2. 3.1.2 Drivers
      3. 3.1.3 Restraints
      4. 3.1.4 Opportunities
    2. 3.2 MARKET FACTOR ANALYSIS
      1. 3.2.1 Value chain Analysis
      2. 3.2.2 Porter's Five Forces Analysis
        1. 3.2.2.1 Bargaining Power of Suppliers
        2. 3.2.2.2 Bargaining Power of Buyers
        3. 3.2.2.3 Threat of New Entrants
        4. 3.2.2.4 Threat of Substitutes
        5. 3.2.2.5 Intensity of Rivalry
      3. 3.2.3 COVID-19 Impact Analysis
        1. 3.2.3.1 Market Impact Analysis
        2. 3.2.3.2 Regional Impact
        3. 3.2.3.3 Opportunity and Threat Analysis
  4. 4 SECTION IV: QUANTITATIVE ANALYSIS
    1. 4.1 Chemicals and Materials, BY Application (USD Million)
      1. 4.1.1 Solvents
      2. 4.1.2 Plasticizers
      3. 4.1.3 Food Additives
      4. 4.1.4 Pharmaceuticals
      5. 4.1.5 Biodegradable Polymers
    2. 4.2 Chemicals and Materials, BY End Use (USD Million)
      1. 4.2.1 Automotive
      2. 4.2.2 Construction
      3. 4.2.3 Consumer Goods
      4. 4.2.4 Agriculture
      5. 4.2.5 Electronics
    3. 4.3 Chemicals and Materials, BY Production Method (USD Million)
      1. 4.3.1 Biobased
      2. 4.3.2 Chemical Synthesis
      3. 4.3.3 Fermentation
      4. 4.3.4 Catalytic Process
      5. 4.3.5 Hydrolysis
    4. 4.4 Chemicals and Materials, BY Purity Level (USD Million)
      1. 4.4.1 Industrial Grade
      2. 4.4.2 Food Grade
      3. 4.4.3 Pharmaceutical Grade
      4. 4.4.4 Technical Grade
    5. 4.5 Chemicals and Materials, BY Formulation Type (USD Million)
      1. 4.5.1 Liquid
      2. 4.5.2 Solid
      3. 4.5.3 Powder
      4. 4.5.4 Granular
  5. 5 SECTION V: COMPETITIVE ANALYSIS
    1. 5.1 Competitive Landscape
      1. 5.1.1 Overview
      2. 5.1.2 Competitive Analysis
      3. 5.1.3 Market share Analysis
      4. 5.1.4 Major Growth Strategy in the Chemicals and Materials
      5. 5.1.5 Competitive Benchmarking
      6. 5.1.6 Leading Players in Terms of Number of Developments in the Chemicals and Materials
      7. 5.1.7 Key developments and growth strategies
        1. 5.1.7.1 New Product Launch/Service Deployment
        2. 5.1.7.2 Merger & Acquisitions
        3. 5.1.7.3 Joint Ventures
      8. 5.1.8 Major Players Financial Matrix
        1. 5.1.8.1 Sales and Operating Income
        2. 5.1.8.2 Major Players R&D Expenditure. 2023
    2. 5.2 Company Profiles
      1. 5.2.1 Mitsubishi Chemical Corporation (JP)
        1. 5.2.1.1 Financial Overview
        2. 5.2.1.2 Products Offered
        3. 5.2.1.3 Key Developments
        4. 5.2.1.4 SWOT Analysis
        5. 5.2.1.5 Key Strategies
      2. 5.2.2 BASF SE (DE)
        1. 5.2.2.1 Financial Overview
        2. 5.2.2.2 Products Offered
        3. 5.2.2.3 Key Developments
        4. 5.2.2.4 SWOT Analysis
        5. 5.2.2.5 Key Strategies
      3. 5.2.3 Myriant Corporation (US)
        1. 5.2.3.1 Financial Overview
        2. 5.2.3.2 Products Offered
        3. 5.2.3.3 Key Developments
        4. 5.2.3.4 SWOT Analysis
        5. 5.2.3.5 Key Strategies
      4. 5.2.4 Reverdia (NL)
        1. 5.2.4.1 Financial Overview
        2. 5.2.4.2 Products Offered
        3. 5.2.4.3 Key Developments
        4. 5.2.4.4 SWOT Analysis
        5. 5.2.4.5 Key Strategies
      5. 5.2.5 Succinity GmbH (DE)
        1. 5.2.5.1 Financial Overview
        2. 5.2.5.2 Products Offered
        3. 5.2.5.3 Key Developments
        4. 5.2.5.4 SWOT Analysis
        5. 5.2.5.5 Key Strategies
      6. 5.2.6 BioAmber Inc. (US)
        1. 5.2.6.1 Financial Overview
        2. 5.2.6.2 Products Offered
        3. 5.2.6.3 Key Developments
        4. 5.2.6.4 SWOT Analysis
        5. 5.2.6.5 Key Strategies
      7. 5.2.7 Genomatica Inc. (US)
        1. 5.2.7.1 Financial Overview
        2. 5.2.7.2 Products Offered
        3. 5.2.7.3 Key Developments
        4. 5.2.7.4 SWOT Analysis
        5. 5.2.7.5 Key Strategies
      8. 5.2.8 Dairen Chemical Corporation (TW)
        1. 5.2.8.1 Financial Overview
        2. 5.2.8.2 Products Offered
        3. 5.2.8.3 Key Developments
        4. 5.2.8.4 SWOT Analysis
        5. 5.2.8.5 Key Strategies
    3. 5.3 Appendix
      1. 5.3.1 References
      2. 5.3.2 Related Reports
  6. 6 LIST OF FIGURES
    1. 6.1 MARKET SYNOPSIS
    2. 6.2 US MARKET ANALYSIS BY APPLICATION
    3. 6.3 US MARKET ANALYSIS BY END USE
    4. 6.4 US MARKET ANALYSIS BY PRODUCTION METHOD
    5. 6.5 US MARKET ANALYSIS BY PURITY LEVEL
    6. 6.6 US MARKET ANALYSIS BY FORMULATION TYPE
    7. 6.7 KEY BUYING CRITERIA OF CHEMICALS AND MATERIALS
    8. 6.8 RESEARCH PROCESS OF MRFR
    9. 6.9 DRO ANALYSIS OF CHEMICALS AND MATERIALS
    10. 6.10 DRIVERS IMPACT ANALYSIS: CHEMICALS AND MATERIALS
    11. 6.11 RESTRAINTS IMPACT ANALYSIS: CHEMICALS AND MATERIALS
    12. 6.12 SUPPLY / VALUE CHAIN: CHEMICALS AND MATERIALS
    13. 6.13 CHEMICALS AND MATERIALS, BY APPLICATION, 2024 (% SHARE)
    14. 6.14 CHEMICALS AND MATERIALS, BY APPLICATION, 2024 TO 2035 (USD Million)
    15. 6.15 CHEMICALS AND MATERIALS, BY END USE, 2024 (% SHARE)
    16. 6.16 CHEMICALS AND MATERIALS, BY END USE, 2024 TO 2035 (USD Million)
    17. 6.17 CHEMICALS AND MATERIALS, BY PRODUCTION METHOD, 2024 (% SHARE)
    18. 6.18 CHEMICALS AND MATERIALS, BY PRODUCTION METHOD, 2024 TO 2035 (USD Million)
    19. 6.19 CHEMICALS AND MATERIALS, BY PURITY LEVEL, 2024 (% SHARE)
    20. 6.20 CHEMICALS AND MATERIALS, BY PURITY LEVEL, 2024 TO 2035 (USD Million)
    21. 6.21 CHEMICALS AND MATERIALS, BY FORMULATION TYPE, 2024 (% SHARE)
    22. 6.22 CHEMICALS AND MATERIALS, BY FORMULATION TYPE, 2024 TO 2035 (USD Million)
    23. 6.23 BENCHMARKING OF MAJOR COMPETITORS
  7. 7 LIST OF TABLES
    1. 7.1 LIST OF ASSUMPTIONS
  8. 7.1.1
    1. 7.2 US MARKET SIZE ESTIMATES; FORECAST
      1. 7.2.1 BY APPLICATION, 2025-2035 (USD Million)
      2. 7.2.2 BY END USE, 2025-2035 (USD Million)
      3. 7.2.3 BY PRODUCTION METHOD, 2025-2035 (USD Million)
      4. 7.2.4 BY PURITY LEVEL, 2025-2035 (USD Million)
      5. 7.2.5 BY FORMULATION TYPE, 2025-2035 (USD Million)
    2. 7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
  9. 7.3.1
    1. 7.4 ACQUISITION/PARTNERSHIP
  10. 7.4.1

US Succinic Acid Market Segmentation

US Succinic Acid Market By Application (USD Million, 2025-2035)

  • Solvents
  • Plasticizers
  • Food Additives
  • US Succinic Acid Markets
  • Biodegradable Polymers

US Succinic Acid Market By End Use (USD Million, 2025-2035)

  • Automotive
  • Construction
  • Consumer Goods
  • Agriculture
  • Electronics

US Succinic Acid Market By Production Method (USD Million, 2025-2035)

  • Biobased
  • Chemical Synthesis
  • Fermentation
  • Catalytic Process
  • Hydrolysis

US Succinic Acid Market By Purity Level (USD Million, 2025-2035)

  • Industrial Grade
  • Food Grade
  • US Succinic Acid Market Grade
  • Technical Grade

US Succinic Acid Market By Formulation Type (USD Million, 2025-2035)

  • Liquid
  • Solid
  • Powder
  • Granular

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