出版社 | Daedal Research |
出版年月 | 2025年3月 |
Global Bio-Succinic Acid Market Trends with Impact Analysis
The global bio-succinic acid market was valued at US$147.67 million in 2024. The market value is expected to reach US$311.39 million by 2030. Bio-succinic acid is a renewable, plant-based alternative to petroleum-derived succinic acid, produced through fermentation of plant sugars. It is used in various industries such as bioplastics, pharmaceuticals, food, and personal care products, offering an eco-friendly solution to replace petrochemical-based chemicals.
世界のバイオコハク酸市場は2024年に1億4,767万米ドルと評価されました。この市場価値は2030年までに3億1,139万米ドルに達すると予想されています。バイオコハク酸は、植物糖の発酵によって生成される、石油由来のコハク酸の再生可能な植物ベースの代替品です。バイオプラスチック、医薬品、食品、パーソナルケア製品など、さまざまな業界で使用されており、石油化学ベースの化学物質に代わる環境に優しいソリューションを提供しています。

Competitive Landscape:
The global bio-succinic acid market is primarily concentrated among leading chemical manufacturers, however, the presence of smaller companies introduces a level of fragmentation, resulting in a market that is largely concentrated with pockets of fragmentation. The key players in the global bio-succinic acid market are:
- BASF SE
- DSM-Firmenich AG
- Roquette Freres SA
- Mitsui & Co., Ltd.
- Mitsubishi Chemical Group Corporation
- PTT Global Chemical Public Company Limited (PTTGC)
- Nippon Shokubai Co., Ltd
- Dow Inc. (The Dow Chemical Company)
- Corbion N.V.
- Air Water Inc. (Air Water Performance Chemical Inc.)
- LCY Chemical Corp.
- Wego Chemical Group
The key players also focus on strategies such as investments in research and development activities, and expanding production capacities. For instance, in September 2024, Mitsubishi Corporation and Exxon Mobil Corporation have signed a Project Framework Agreement for Mitsubishi Corporation’s participation in ExxonMobil’s facility in Baytown, Texas which is expected to produce virtually carbon-free hydrogen with approximately 98% of carbon dioxide (CO2) removed and low-carbon ammonia. Similarly, in July 2024, BASF and ENGIE signed a 7-year Biomethane Purchase Agreement (BPA). Under the BPA, ENGIE will supply BASF with 2.7 to 3.0 terawatt hours of biomethane throughout the term of the agreement. BASF uses certified biomethane at its Ludwigshafen/Germany and Antwerp/Belgium sites as a sustainable alternative to fossil raw materials in its manufacturing process.