Global Bio Succinic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
C-3 Platform Chemicals and C-6 Platform Chemicals.By Application;
1,4-butanediol (BDO), Polyester Polyols, Plasticizers, Alkyd Resins, PBS, and Others.By End User;
Industrial, Food & Beverages, and Pharmaceuticals.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Bio Succinic Acid Market (USD Million), 2021 - 2031
In the year 2024, the Global Bio Succinic Acid Market was valued at USD 3,424.58 million. The size of this market is expected to increase to USD 27,268.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 34.5%.
The global bio succinic acid market is experiencing notable growth as industries seek sustainable alternatives to traditional petrochemical-based chemicals. Bio succinic acid, derived from renewable resources such as plant biomass or agricultural by-products, offers an environmentally friendly alternative to petrochemical succinic acid. This bio-based compound is gaining traction due to its ability to reduce carbon emissions and reliance on non-renewable resources, aligning with global sustainability and environmental goals. The increased awareness of climate change and the push for greener chemical solutions are driving the demand for bio succinic acid across various applications.
Bio succinic acid is utilized in a wide range of applications, including plastics, pharmaceuticals, and food and beverages. In the plastics industry, bio succinic acid is used as a building block for bio-based polymers and resins, offering enhanced sustainability and performance characteristics compared to traditional petrochemical-derived plastics. The pharmaceutical industry benefits from bio succinic acid's role in synthesizing various drugs and intermediates, while the food and beverage sector uses it as a flavoring agent and preservative. The versatility of bio succinic acid across these diverse applications highlights its growing importance in replacing conventional chemicals with more sustainable options.
The bio succinic acid market is witnessing varied growth patterns. North America and Europe are leading the adoption of bio succinic acid due to their strong regulatory frameworks and high levels of investment in green technologies. These regions are home to advanced research and development facilities that drive innovation and support the commercialization of bio-based products. In contrast, the Asia Pacific region is experiencing rapid growth driven by increasing industrialization, rising environmental awareness, and supportive government policies. Emerging markets in Latin America and the Middle East and Africa are also beginning to explore bio succinic acid as part of their broader sustainability strategies, contributing to the global expansion of the market.
Global Bio Succinic Acid Market Recent Developments
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In June 2022, NIPPON SHOKUBAI CO., LTD. increased the prices of succinic acid by USD 0.5/kg (JPY 50/kg)
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In June 2021, Roquette Frères announced that the company has earned the U.S. Department of Agriculture (USDA) certified Bio-based Product Label for their product BIOSUCCINIUM.
Segment Analysis
The global bio succinic acid market is segmented by type, application, end-user, and geography. By type, the market is divided into maleic acid, 1,4-butanediol (BDO), and other types of succinic acid derivatives. The 1,4-butanediol segment is one of the largest consumers of bio succinic acid, used extensively in the production of plastics, spandex fibers, and automotive components. As the demand for environmentally friendly and sustainable solutions increases, bio-based 1,4-butanediol is gaining traction, providing a renewable alternative to petrochemical-based BDO. Maleic acid, another major segment, is derived from bio succinic acid and is used in producing lubricants, resins, and plastics. The demand for maleic acid is expected to grow due to its application in the manufacturing of green solvents and other eco-friendly products.
The market is also segmented by application into 1,4-butanediol, polyester polyols, plasticizers, alkyd resins, polybutylene succinate (PBS), and others. The 1,4-butanediol application remains the largest segment, driving a significant portion of the bio succinic acid market. As industries seek to reduce their carbon footprint, the use of bio-based succinic acid to produce 1,4-butanediol continues to grow. Polyester polyols and plasticizers, which are used in the production of polyurethanes and flexible plastics, are also key drivers of market growth. The use of bio succinic acid in these applications helps reduce reliance on petrochemical products, positioning the market as an attractive option for industries focusing on sustainability. Polybutylene succinate, a biodegradable plastic made from bio succinic acid, is expected to see increased demand due to its environmentally friendly properties, particularly in the packaging and agriculture industries.
By end-user, the market is divided into industries such as automotive, packaging, consumer goods, agriculture, and others. The automotive industry is a significant consumer of bio succinic acid due to its applications in producing eco-friendly plastics, automotive components, and fibers. The packaging industry is also adopting bio-based succinic acid to produce biodegradable plastics, further driving demand. Consumer goods, including personal care and home products, are increasingly relying on bio succinic acid for manufacturing sustainable ingredients. Agriculture, particularly in the development of biodegradable agricultural films and coatings, is another growing end-user segment, contributing to the increasing adoption of bio succinic acid.
Geographically, the bio succinic acid market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America holds a significant share of the market, driven by stringent environmental regulations and growing consumer demand for sustainable products. Europe follows closely, where sustainability is a key driver of industrial practices. The Asia Pacific region is expected to witness the highest growth rate due to rapid industrialization, increasing environmental awareness, and growing investments in renewable chemicals. Latin America and the Middle East & Africa are emerging markets for bio succinic acid, with rising interest in sustainable solutions and expanding manufacturing capacities. The increasing demand for renewable and eco-friendly products across various industries worldwide will continue to drive the growth of the bio succinic acid market.
Global Bio Succinic Acid Segment Analysis
In this report, the Global Bio Succinic Acid Market has been segmented by Type, Application, End User, and Geography.
Global Bio Succinic Acid Market, Segmentation by Type
The Global Bio Succinic Acid Market has been segmented by Type into C-3 Platform Chemicals and C-6 Platform Chemicals.
In the global bio succinic acid market, segmentation by type includes C-3 and C-6 platform chemicals, each representing different aspects of bio-based chemical production. C-3 platform chemicals are derived from three-carbon molecules and are a key focus in the bio succinic acid market. Bio succinic acid, a prominent C-4 platform chemical, is produced through the fermentation of glucose or other renewable feedstocks and can be converted into various C-3 derivatives. These derivatives, including 1,3-propanediol and acetic acid, are valuable in a range of applications, from plastics to pharmaceuticals. The growth of C-3 platform chemicals is driven by their versatility and the increasing demand for sustainable alternatives in chemical production.
C-6 platform chemicals are derived from six-carbon molecules and include bio-based succinic acid as a critical intermediate. Although succinic acid itself is a C-4 compound, its derivatives and related chemicals, such as adipic acid, fall under the C-6 category. These chemicals are used in the production of bio-based polyamides and other high-performance materials. The focus on C-6 platform chemicals in the bio succinic acid market is significant due to their role in producing biodegradable plastics and high-value chemical products. The increasing adoption of C-6 chemicals is driven by their potential to replace petrochemical-based alternatives and contribute to more sustainable manufacturing processes.
Both C-3 and C-6 platform chemicals are integral to the development of bio-based materials and products. While C-3 platform chemicals offer key advantages in producing various chemical derivatives, C-6 platform chemicals provide essential building blocks for high-performance materials and sustainable products. The advancement in both types of chemicals reflects the broader trend towards sustainability and green chemistry, with bio succinic acid playing a central role in bridging these two platforms and driving growth in the bio-based chemical industry.
Global Bio Succinic Acid Market, Segmentation by Application
The Global Bio Succinic Acid Market has been segmented by Application into 1,4-butanediol (BDO), Polyester Polyols, Plasticizers, Alkyd Resins, PBS, and Others.
The 1,4-butanediol (BDO) segment is one of the largest consumers of bio succinic acid. Bio-based BDO is used in the production of plastics, automotive components, and spandex, offering a sustainable alternative to conventional petrochemical-based BDO. As industries move toward greener production methods, the demand for bio-based BDO is expected to rise, driving the growth of the bio succinic acid market.
Polyester polyols, another key application of bio succinic acid, are used in the production of polyurethane foams, coatings, adhesives, and sealants. The use of bio-based succinic acid in polyester polyols offers advantages such as improved biodegradability and reduced environmental impact, which is fueling the growth of this segment. As the demand for sustainable and eco-friendly materials increases, the polyester polyol segment is likely to see continued growth in applications such as furniture, automotive interiors, and construction materials.
Plasticizers, which are chemicals added to plastics to enhance their flexibility, are another important application for bio succinic acid. The use of bio-based succinic acid in the production of plasticizers offers a renewable alternative to traditional phthalate-based plasticizers. This shift is driven by increasing consumer demand for non-toxic and environmentally friendly products. Plasticizers made from bio succinic acid are used in a wide range of products, including flooring, wiring, and medical devices, contributing to the growth of the bio succinic acid market.
The alkyd resins segment uses bio succinic acid to produce environmentally friendly paints, coatings, and varnishes. Bio-based succinic acid in alkyd resins helps reduce the reliance on petrochemical-based raw materials, making it a more sustainable option for manufacturers. In addition, PBS (polybutylene succinate), a biodegradable plastic made from bio succinic acid, is used in packaging, agriculture, and consumer goods. Other applications of bio succinic acid include its use in food additives, cosmetics, and pharmaceuticals, further expanding the market’s reach. The growing trend toward sustainability and the demand for bio-based products across diverse industries is expected to drive the bio succinic acid market's expansion.
Global Bio Succinic Acid Market, Segmentation by End User
The Global Bio Succinic Acid Market has been segmented by End User into Industrial, Food & Beverages, and Pharmaceuticals.
In the industrial sector, bio succinic acid is utilized as a key component in the production of biodegradable plastics, resins, and coatings. Its use in creating bio-based polybutylene succinate (PBS) and other sustainable polymers aligns with the growing demand for eco-friendly materials in various industrial applications. The shift towards greener alternatives in manufacturing processes and packaging solutions is driving the adoption of bio succinic acid in this sector, contributing to its significant market presence.
The food and beverages industry also represents a notable segment for bio succinic acid. In this sector, bio succinic acid is employed as a flavoring agent, preservative, and acidulant, enhancing the quality and shelf life of food products. Its natural origin and lower environmental impact compared to conventional additives make it a preferred choice for companies seeking to meet consumer demand for healthier and more sustainable food options. The rising focus on clean labels and natural ingredients in the food and beverages industry is fueling the growth of bio succinic acid applications in this sector, reflecting its increasing importance in modern food formulations.
In the pharmaceuticals industry, bio succinic acid is used in the synthesis of various drugs and intermediates. Its role in pharmaceutical manufacturing is crucial due to its ability to provide high-purity and bio-based chemical components, which are essential for producing therapeutic agents and medical formulations. The growing emphasis on sustainable and green chemistry in pharmaceuticals, coupled with the need for high-quality bio-based ingredients, is driving the demand for bio succinic acid
Global Bio Succinic Acid Market, Segmentation by Geography
In this report, the Global Bio Succinic Acid Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Bio Succinic Acid Market Share (%), by Geographical Region, 2024
In North America, the market is driven by a strong emphasis on sustainability and environmental regulations. The United States and Canada are leaders in adopting bio succinic acid due to their advanced research infrastructure and significant investments in green technologies. The region's stringent environmental policies and high consumer demand for sustainable products are fostering growth in the bio succinic acid market. North America is expected to continue its leadership role, supported by ongoing innovations and regulatory support for bio-based chemicals.
Europe is similarly advancing in the bio succinic acid market, propelled by comprehensive environmental regulations and a strong commitment to sustainability. The European Union's policies promoting the use of renewable materials and reduction of carbon emissions have driven significant interest in bio succinic acid. Countries like Germany, France, and the United Kingdom are at the forefront of integrating bio-based solutions into various applications, from biodegradable plastics to pharmaceuticals. The European market is anticipated to grow steadily as the region continues to push for greener technologies and sustainable practices.
In the Asia Pacific region, the bio succinic acid market is experiencing rapid expansion due to increasing industrialization, rising environmental awareness, and supportive government policies. Key countries such as China, Japan, and India are investing in bio-based technologies and sustainable chemical solutions to address environmental challenges and meet growing demand. The region's burgeoning industrial base and evolving regulatory landscape are driving significant market growth. As Asia Pacific continues to develop its infrastructure and regulatory frameworks, the bio succinic acid market is poised for substantial growth through 2030.
The Middle East and Africa (MEA) and Latin America are emerging markets with growing potential in the bio succinic acid sector. In the MEA region, increasing awareness of environmental issues and investments in sustainable technologies are starting to influence the market. Although still in the early stages, developments in regulatory frameworks and industrial applications are expected to drive growth. Similarly, Latin America is gradually embracing bio-based chemicals as part of broader sustainability initiatives. As both regions align with global trends towards greener products and invest in renewable chemical solutions, they are expected to see increased market activity and expansion over the coming decade.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Bio Succinic Acid Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Government Incentives for Green Technologies
- Advancements in Bio-Based Production Technologies
- Increasing Consumer Preference for Sustainable Products
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Rising Use in Automotive and Packaging Industries - The rising use of bio succinic acid in the automotive and packaging industries is a significant driver of growth in the global market. In the automotive sector, bio succinic acid is increasingly utilized to produce bio-based plastics and resins, which are used in various vehicle components. These bio-based materials offer advantages such as reduced weight, which contributes to better fuel efficiency and lower greenhouse gas emissions. As the automotive industry faces mounting pressure to enhance sustainability and meet stringent emissions regulations, bio succinic acid provides a viable alternative to conventional petroleum-based materials, aligning with the industry's shift towards greener solutions.
In the packaging industry, bio succinic acid is making inroads as a key ingredient in the production of biodegradable and compostable packaging materials. The growing consumer preference for environmentally friendly packaging solutions is driving demand for materials that reduce environmental impact. Bio succinic acid contributes to the development of sustainable packaging options that offer similar performance to traditional plastics while being more eco-friendly. Its use in packaging aligns with global trends towards reducing plastic waste and promoting circular economy principles, making it an attractive choice for manufacturers looking to meet regulatory requirements and consumer expectations.
The expansion of bio succinic acid applications in these industries is supported by ongoing innovations in production technologies and material science. Advances in bio-based production processes are improving the cost-effectiveness and scalability of bio succinic acid, making it more competitive with conventional alternatives. As research and development continue to drive progress, the versatility and sustainability of bio succinic acid are expected to enhance its adoption across various applications, including automotive and packaging, ultimately contributing to the growth and diversification of its market presence.
Restraints
- Limited Raw Material Availability
- Technical Challenges in Production
- Competition from Petroleum-Based Alternatives
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Regulatory and Certification Hurdles - Regulatory and certification hurdles pose significant challenges for the bio succinic acid market, affecting its growth and adoption. The bio-based chemicals sector is subject to stringent regulations and standards that vary across regions, making it challenging for manufacturers to navigate and comply with multiple requirements. These regulations often involve rigorous testing, approval processes, and documentation to ensure that bio-based products meet safety, environmental, and performance criteria. The complexity and variability of these regulatory frameworks can lead to delays in product development and market entry, creating barriers for companies trying to introduce bio succinic acid into the market.
Obtaining certification for bio succinic acid products can be a lengthy and costly process. Certifications such as those for sustainability, organic content, or biodegradability are crucial for gaining market acceptance and demonstrating the environmental benefits of bio-based products. However, the process of obtaining these certifications often involves extensive documentation, third-party audits, and compliance with specific standards. These requirements can increase operational costs and time-to-market, potentially discouraging investment and slowing the adoption of bio succinic acid in various applications.
Addressing these regulatory and certification hurdles requires a strategic approach, including proactive engagement with regulatory bodies, investment in compliance resources, and collaboration with industry organizations. Companies that successfully navigate these challenges can gain a competitive advantage by securing necessary approvals and certifications, thereby enhancing their market credibility and expanding their customer base. Additionally, efforts to standardize regulations and streamline certification processes within the industry could facilitate broader adoption and support the growth of the bio succinic acid market.
Opportunities
- Innovations in Production Processes
- Growth in End-Use Applications (e.g., Pharmaceuticals, Agriculture)
- Strategic Partnerships and Collaborations
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Increased Investment in R&D - Increased investment in research and development (R&D) is crucial for the advancement and expansion of the bio succinic acid market. R&D efforts focus on improving production technologies, optimizing the efficiency of bio succinic acid synthesis, and reducing overall production costs. By investing in R&D, companies can develop more cost-effective and scalable methods for producing bio succinic acid from renewable resources. This can help bridge the gap between bio-based and conventional succinic acid in terms of price and performance, making bio succinic acid a more competitive alternative in the marketplace.
R&D investments facilitate innovation in applications and product formulations. Ongoing research explores new uses for bio succinic acid across various industries, including automotive, packaging, and pharmaceuticals. By discovering and developing novel applications, companies can expand the market potential of bio succinic acid and address emerging needs. Innovations such as enhanced bio-based polymers, improved biodegradable materials, and advanced chemical intermediates can drive demand and open new market opportunities, contributing to the overall growth of the bio succinic acid sector.
Increased R&D investments also support the development of sustainable production practices and better environmental performance. Research into alternative feedstocks, more efficient processing techniques, and methods for reducing waste and emissions can enhance the sustainability profile of bio succinic acid. As consumers and regulatory bodies increasingly prioritize environmental considerations, companies that lead in sustainable innovation can strengthen their market position and appeal to environmentally conscious customers. Overall, strategic investment in R&D is vital for advancing technology, expanding applications, and ensuring the long-term growth and success of the bio succinic acid market.
Competitive Landscape Analysis
Key players in Global Bio Succinic Acid Market include :
- Succinity GmbH
- Bio-Amber Inc
- Myriant Corporation
- Novozymes
- Cargill
- DSM
- Metabolix
- GF Biochemicals
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Bio Succinic Acid Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Government Incentives for Green Technologies
- Advancements in Bio-Based Production Technologies
- Increasing Consumer Preference for Sustainable Products
- Rising Use in Automotive and Packaging Industries
- Restraints
- Limited Raw Material Availability
- Technical Challenges in Production
- Competition from Petroleum-Based Alternatives
- Regulatory and Certification Hurdles
- Opportunities
- Innovations in Production Processes
- Growth in End-Use Applications (e.g., Pharmaceuticals, Agriculture)
- Strategic Partnerships and Collaborations
- Increased Investment in R&D
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Bio Succinic Acid Market, By Type, 2021 - 2031 (USD Million)
- C-3 Platform Chemicals
- Platform Chemicals
- Global Bio Succinic Acid Market, By Type, 2021 - 2031 (USD Million)
- 1,4-butanediol (BDO)
- Polyester Polyols
- Plasticizers
- Alkyd Resins
- PBS
- Others
- Global Bio Succinic Acid Market, By End User, 2021 - 2031 (USD Million)
- Industrial
- Food & Beverages
- Pharmaceuticals
- Global Bio Succinic Acid Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Bio Succinic Acid Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Succinity GmbH
- Bio-Amber Inc
- Myriant Corporation
- Novozymes
- Cargill
- DSM
- Metabolix
- GF Biochemicals
- Company Profiles
- Analyst Views
- Future Outlook of the Market