Succinic Acid Market Size, Share, Growth, And Industry Analysis, By Type (Bio-Based, Petro-Based), By Application (Resins, Coatings And Pigments, Pbs, Food And Beverage, Pharmaceuticals, Polyester Polyols), Regional Insights and Forecast From 2026 To 2035

•   
•   
  

  Download Free Sample to learn more about this report

    

SUCCINIC ACID MARKET OVERVIEW

The global succinic acid market size is anticipated to be valued at USD 0.09 Billion in 2026, with a projected growth to USD 0.17 Billion by 2035 at a CAGR of 6.8% during the forecast from 2026 to 2035.

The increasing use of biodegradable succinic acid would constitute a major shift in retail sales, supported by the increase in intelligence on longevity and the shift away from petroleum products. Succinic acid would be a necessary precursor to produce polybutylene succinate (PBS), a biodegradable polymer that is still used in packaging. The requirement for PBS stocks has been extended to almost all the earth, and increased consumption of succinic acid. Moreover, the food and beverage industry uses succinic acid as a sour regulator and a foil for spirits, while the pharmaceutical industry integrates it into intermediates, vitamins, and antibiotics. The stated general purpose is intended to guarantee the resilience of the requirement mentality. The aggressive scene will be dominated by international and regional players, as well as vital companies aiming at increasing the bio-based growth capacity. The Far East Pacific, China in particular, has emerged as a major development hub due to the abundance of natural resources and cost-efficient manufacturing. Meanwhile, Europe and North America are investing in biofuels and R&D for renewable energy progress. Generally speaking, the succinic acid trade is poised for a steady increase as more and more companies adopt biochemical and green chemical transformations approved by a robust control paradigm and an increasing demand from the end users.

COVID-19 PANDEMIC

Primary Impact on the Succinic Acid Market with Focus on its Relation to COVID-19 pandemic

The planet crisis, similar to COVID-19 pandemic, energy deficit, and equipment failure, had unique results for succinic acid retail sales. During the pandemic, industrial undertakings in major sectors such as manufacturing, transport, and coating decreased, mainly due to a reduction in succinic acid requirements for resins and polyols. However, the pharmaceutical industry and the food industry are determined to eat succinic acid, which is an essential element of medicine, nutritional supplements, and food additive. The volatility of petrochemical succinic acid production is highlighted by the energy crisis and the rising monetary value of oil, driving industry and government towards a fix biofuel option. The most recent version has biorefineries with a long-term prospect of operation and cooperation with chemical and biotech undertakings. Moreover, the dispute between the Russian Federation and Ukraine also disrupts Europe's natural support and energy supply, accelerating the transition to local bio-based succinic acid production. The crisis also highlights the importance of train power. In order to reduce dependence on imports, all chemical plants are diversifying their fundamental methods and supporting regional production centers. For instance, Asian manufacturers are stepping up export to fill supply gaps in Europe and North America, strengthening Asia's Laterality in relation to the Store. Look forward, in the midst of a planet emergency offering a shortfall in terms of monetary value variations and supply chain control, they will also act as catalysts for inventions, moving forward towards the creation of green and bio-based succinic acid.

LATEST TRENDS

Succinic Acid Market Embracing Bio-based Transition

A swift introduction of biobased development systems is a prerequisite for the design of the succinic acid retail market. Worldwide governments are implementing stricter Natural Legal Directives and are promoting green chemistry alongside growing concerns beyond the climate crisis. The biobased succinic acid derived from renewable feedstocks similar to corn starch, glucose, and agricultural residues has a strong grip as a long-term alternative to petroleum products. This Regulation not only cuts carbon emissions but also complies with the Round Economic Principles.Another strong trend is the increasing demand for biodegradable plastics, especially polybutylene succinate ( PBS ). PBS has the same mechanical properties as ordinary plastic, which makes it attractive to packaging, farming, and consumer goods industries. As the ban on single-use plastics becomes more widespread, PBS production is expected to increase, directly increasing the requirement for succinic acid.The increasing use of succinic acid in pharmaceutical and nutraceutical compositions where it is of value due to its role in the manufacture of active pharmaceutical ingredients and nutritional supplements is another emerging trend. Besides, major companies are investing in biotech innovations to boost agitation operations, minimize costs, and achieve a level of economic conditions. The commercialization of sophisticated biosuccinic acid has been speeded up by cooperation between chemical giants and biotech companies.

•   
•   
  

  Download Free Sample to learn more about this report

    

SUCCINIC ACID MARKET SEGMENTATION

Based On Types

• Bio-based: The production of bio-based succinic acid by microbial agitation contributes to the green choice in relation to conventional petroleum chemicals. Bio-based succinic acid has received prompt application, especially in packaging and coating applications, due to the increasing control requirements for carbon emission reductions. In the long run, one's growth is expected to exceed the petrophysical discrepancies and become the superior type.

• Petro-based: Petro-based succinic acid, obtained from petroleum feedstock, currently holds an imperative share due to its low production costs and stable supply irons. Still, the fluctuating price of oil and ecological terrors diminish one's attraction. During this period, in order to remain used for purposes similar to resin and polyester polyols, trade shares will slowly decline as sectors plan biofuel options. The conflict between the two segments above points out the continuing trend towards renewable chemistry.

Based On Applications

• Resins, Coatings, and Pigments: Succinic acid is used principally as a chemical intermediate of alkyd resin, which has value due to its durability, gloss, and resistance to chemical and weather. Its ability to increase adhesion and flexibility makes it an essential natural material for the coating industry, especially for assembly and automotive use.

• PBS (Polybutylene Succinate):  The PBS (Polybutylene Succinate) division has emerged as one of the fastest growing industrial areas planned due to its biodegradable surroundings and mechanical properties similar to petroleum plastics. PBS is widely used in packaging, farming films, and customer merchandise alongside the growing ban on single-use plastics.

• Food and beverage industry: Succinic acid is widely used as a spirit foil and sour regulator in the food and beverage industry. It is useful in processed foods, beverages, and dietary supplements because of its ability to harmonise taste and regulate pH. It is considered to be safe for consumption indoors provided it is approved by the regulatory bodies of a number of countries.

• Pharmaceutical sector: Pharmacopeia is another essential purchaser of succinic acid, which is used as intermediates for the preparation of vitamins, antibiotics, and anti-inflammatory agents. It may also be used in formulations promoting metabolic processes and producing nutraceuticals.

• Polyester polyols: succinic acid is a key element in the manufacture of polyurethane in polyester polyols. These polyols are also used in foam, adhesives, coatings, and elastomers which are used for building, transport, and furniture. Polyester polyols derived from succinic acid are being used more and more as part of a global increase in production area and demand for lightweight automobile components.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

Driving Factors

Succinic Acid Market Growth Driven by Sustainability and Bio-based Chemicals

The Planetary adaptation to long-term and green chemicals is one of the strong driving forces for the Succinic Acid Market Growth. Administrations and companies around the world are organizing biofuel development to reduce GHG emissions and dependence on petroleum feedstock. Biobased succinic acid derived from renewable sources such as glucose, corn starch, and agricultural waste has emerged as a viable option in the direction of a petrochemical divergence. In order to contribute to the search for environmentally friendly natural elements in the sector, the recent metamorphosis provides the manufacturer of succinic acid with a fresh prospect. The need for biodegradable plastics, especially Polybutylene Succinate (PBS), to be a major contributor to evolution. PBSs are becoming a more suitable material for packaging, farming, and consumer goods as nations enforce the ban on single-use plastics. A strong call will be made for succinic acid, which is an essential precursor to the PBS, in view of the increasing acceptance of biodegradable substances. Furthermore, consumers increasingly seek durable food and pharmaceutical products, as well as excess fuel succinic acid for the abovementioned businesses. Furthermore, the development of agitation strategies contributes to reducing the creation costs of bio-based succinic acid and increasing its competitiveness compared to petroleum alternatives. In the system, the companies work closely with the GIS companies to increase production and ensure the survival of the company. The market is ready for a long-term expansion thanks to legislation on healthcare administration, the support of biofuel producers, and the increasing awareness about the challenges of longevity. Thus, the push for green chemistry and renewable feedstock continues to push the sale of succinic acid forward steadily.

Expanding End-Use Applications Boosting Market Demand

One of the industrial objectives of the alternative essential operator of the succinic acid warehouse is a broad industrial focus. Succinic acerb acts as a flexible platform chemical used in a wide range of applications, such as coating, pharmaceuticals, food and beverage, polyester polyols, and strong chemicals. Its ability to function as precursors to polymers, solvents, and intercedes makes it indispensable for industries seeking functionality and resilience. The use of succinic acid in resins, coatings, and adhesives contributes significantly to the needs of the construction and the transport industry. Polyester polyols derived from succinic acid are used in polyurethane as foam, insulation, and lightweight automobile components, facilitating energy efficiency and performance. Similarly, their use in alkyd resin enhances their durability, gloss, and wind resistance in paint and coatings, making them very useful for industrial purposes. Moreover, the pharmaceutical and nutraceutical industry uses succinic acid as intermediates, vitamins, and additives to ensure a constant demand for base. Furthermore, together with their use as a foil for spirits and a regulator of sourness, the food and beverage industry is also helping. These requests are determined in order to extend. The variety of end-use sectors ensures retail strength against fluctuations in each area, driving a constant increase and stability of succinic acid exchanges.

Restraining Factor

High Production Costs and Petrochemical Competition Hinders Growth

Despite its own growth prospects, succinic acid exchange expressions are restrictive, especially the high production costs of bio-based succinic acid. While fermentation-based creations are more environmentally friendly, they remain less competitive against petrochemical alternatives due to their higher feedstock and handling costs. This disparity of monetary values is often preventing large-scale implementation, particularly in price sensitive areas such as coating and packaging. Furthermore, the availability of cheap substitutes raises the question. In certain applications, adipic acid and maleic anhydride can commonly replace succinic acid, thereby reducing its aggressive edge. In polyester polyols and coatings, where cost effectiveness is a central purchasing standard, this substitution risk is particularly necessary. Furthermore, the residues of agricultural production are exposed to a volatile natural material value. The development of biofuels depends on agricultural feedstocks such as corn and sugar, which are concerned with fluctuations in supply, impacts of the climate crisis, and global trade difficulties. Similarly, petro-based succinic acid is related to oil price volatility and more complex pricing methods. The above vulnerabilities are hampering the uniform expansion of the market. The scalability of biotechnology development technologies is also changing. While the pilot undertakings have made their undertakings, the achievement of industrial efficiency remains a challenge for many undertakings. The succinic acid trade will face restrictions in competition against recognized petrochemical options until technological progress significantly reduces costs and increases output.

Succinic Acid Market Expanding with Biodegradable Plastics Share

Opportunity

A major opportunity for the Succinic Acid Market Share lies in the growing global demand for biodegradable plastics. Administrations and sectors are rapidly changing from conventional plastics to green alternatives as ecological panics intensify. Polybutylene Succinate (PBS), a biodegradable polymer produced by succinic acid, is increasingly used in packaging, cultivation, and customer goods. The PBS requirement will be accompanied by a worldwide ban on single-use plastics and a significant increase in succinic acid consumption. The packaging industry offers a particularly lucrative opportunity. Food packaging, shopping bags, and agricultural films are moving towards biodegradable and biodegradable solutions, thus providing a solid basis for succinic acid as a precursor of the Proteus Bacteria. Moreover, FMCG companies are motivated by the increasing preference of consumers towards eco-friendly products to integrate bio-based packaging, which has the added value of increasing retail potential.

Furthermore, the pharmaceutical and food sectors are extending their possibilities, as succinic acid is a prerequisite for obtaining an administrative approval as a safe additive and excipient. Reliable demand growth is ensured by the pharmaceutical industry, driven by global health needs. Meanwhile, the development of agitation technologies has reduced the cost of production and made bio-based succinic acid more commercially viable. In general, the exchange of succinic acid is well positioned to benefit from the prospects of the planet's resilience. Succinic acid, together with biodegradable plastics estimated to account for a growing share of plastics stocks, has strong platform chemical drive for green solutions.

Limited Commercialization of Bio-based Succinic Acid Creates Challenge

Challenge

The narrow commercialization of biotech innovation is a major challenge for the succinic acid market. Although bio-based succinic acid has obvious green advantages, escalating creation to meet industrial needs is difficult. Several companies are struggling with cost competitiveness due to expensive feedstock, energy-consuming procedures, and high-tech restrictions on microbial digestion. That limits widespread adoption across disciplines. The trade also acknowledges the impediment of the confirmed petrochemical option. The advantages of petroleum succinic acid from mature plants are iron, low cost, and greater production capacity, making it difficult for biofuel producers to compete. If biofuels do not achieve economies of scale, the transition from petrochemicals to biobased succinic acid will be gradual rather than instantaneous.

Moreover, a series of perplexities and contemporary obstacles. Dependence on agricultural natural elements exposes biobased succinic acid producers to risks such as crop failure, seasonal deficit, and currency volatility. The current uncertainty may disrupt development and influence revenue generation, making it less attractive to large industrial buyers. Finally, limited knowledge surrounding end users on the use of bio-based succinic acid also slows exchange penetration. As longevity becomes a growing concern, cost remains a major factor for companies such as packaging and coating. To overcome this problem, significant investments in technology, regime incentives, and consumer awareness campaigns are needed to encourage a wide adaptation to bio-based solutions.

•   
•   
  Download Free Sample to learn more about this report

    

SUCCINIC ACID MARKET REGIONAL INSIGHTS

• North America

North America is a major supplier of succinic acid, driven by strong demand in medicine, food, and industry. America will be a big subscriber, due to its high-tech chemical industry, solid R&D base, and high incorporation of biomaterials. The region is also home to a major producer of succinic acid and a manufacturer of machines that are working to commercialize large-scale biotechnology production. Expansion and innovation in trade are offered by the present. United States Succinic Acid Market policies are very supportive of green chemistry projects. Businesses wishing to finance biochemical development through incentives, grants, and longevity obligations. The requirement is further reinforced by the increasing preference of consumers for biodegradable plastics and environmentally friendly foodstuffs. The character of succinic acid in its production, PBS (Polybutylene Succinate), is very closely aligned with North America's focus on reducing waste and advancing circular economy techniques. The United States pharmaceutical industry. Be another critical pilot, as succinic acid is widely used in the preparation of medicines and intermediates. This section ensures a stable growth trajectory for retail sales, alongside rising expenditure on medical aid and an increasing demand for nutraceuticals. Nevertheless, the high cost of biobased production residues is a constraint and requires the continuous development of high technology. Overall, North America is a hub of innovation and an early adopter of green succinic acid functions.

• Europe

Europe is one of the fastest growing markets for succinic acid retail due to its strong regulatory push for longevity and circular economy objectives. The European Union coalition has put in place stringent rules on the reduction of plastic waste, carbon neutrality, and the use of renewable resources, which make a favorable situation for bio-based succinic acid. The main driving force for adoption is Germany, France, and the Netherlands, together with several dynamic biorefinery companies. The demand for biodegradable plastics, coatings, and medicines in the region is particularly increasing. The use of succinic acid in the development of the PBS has gained momentum, particularly in the packaging industry, where compostable components are mandatory. Furthermore, the growth of the assembly and the automobile industry in Europe is fuelling the need for polyester polyols and coatings, with a further increase in succinic acid. Consumers in Europe are very concerned about the environment, and sectors are under pressure to find more environmentally friendly options, thereby establishing robust retail possibilities. In addition to the aid, the food and beverage industry also uses succinic acid, which is used as a sourness regulator and spirit varnish. While Europe is ahead of the requirements of policy and sustainability adoption, the roadblock lies with the increase in cost-efficient biofuel production in order to meet the increasing demands. Overall, Europe can expect to remain at the forefront of bio-based succinic acid use during the prognosis period.

• Asia

The Asia Pacific is growing rapidly as the largest and fastest growing market for succinic acid, driven by rapid industrialization, expanding consumer markets, and increasing demand for green solutions. China's Republic of China (PRC), Nippon, South Korea, India, and Japan are compulsory markets in the region, together with China's dominant share due to its robust chemical manufacturing base and the development of biofuel options. The region will benefit from the support of large agricultural resources that provide feedstock for bio-based succinic acid production. As the continent's population grows and disposable income increases, the demand for processed food, beverage, and green packaging is growing. The manufacturing and automobile sectors are also rapidly expanding, with increasing demand for resins, coatings, and polyester polyols. Furthermore, Asia is witnessing a strong push for biodegradable plastics, in line with government programs to combat pollution of the environment. As access to healthcare improves, more consumption of succinic acid in the manufacture of medicines in the Asia Pacific. However, difficulties such as cost sensitivity and reliance on petroleum production remain. In order to overcome these obstacles, community actors are investing more and more in biotech innovations. Asia Pacific is expected to report a large share of the international succinic acid market by 2034, alongside encouraging government suggestions, a huge consumer base, and rapid economic expansion.

KEY INDUSTRY PLAYERS

Key Industry Players Driving Succinic Acid Market

A combination of confirmed chemical producers and innovative biotechnology innovation companies will qualify the planet's succinic acid market. In order to strengthen their rivalry, these players are strategically investing in analysis and development, alliances, and production capacity expansion. During the usual production of petro-based succinic acid for bulk chemical needs, the rising demand for long-term components has accelerated the transition to bio-based succinic acid. This change is particularly apparent in North America and Europe, where major companies are developing fermentation methods to reduce carbon emissions and comply with environmentally friendly laws. In North America, companies appreciate that LCY Biosciences and GC Invention America are pioneers in bio-based succinic acid production using modern genetic engineering. Europe will be home to Reverdia, a joint venture that has done an essential service in advance bio-based succinic acid in the region, supported by strong EU standards on longevity. In the Orient, enterprises such as Kawasaki Kasei Chemicals and Nippon Shokubai of Nippon, Japan, together with countless other emerging Chinese enterprises, dominate production payable due to their cost advantages and high natural resources. In fact, the People's Republic of China (PRC) has become a hub for the supply of succinic acid, with a number of enterprises emerging in order to attract both domestic and international demand. Novelties in biodegradable plastics (PBS), resins, coatings, pharmaceuticals, and foods, where succinic acid is a multifunctional natural material. In addition, the players are also investing crucial cooperation in the packaging, automobile, and pharmaceutical sectors in order to extend their applications. The main difference between the two groups of products is the ability to achieve cost parity between bio- and petro-based succinic acid. In the coming years, companies which successfully commercialize bio-based creations are expected to obtain a larger share of retail sales.

List Of Top Succinic Acid Companies

• LCY Biosciences (BioAmber) (Canada)
• GC Innovation America (U.S.)
• Reverdia (Netherlands)
• Kawasaki Kasei Chemicals (Japan)
• Nippon Shokubai (Japan)
• Feiyang Chemical (China)
• Sunsing Chemicals (China)
• Jinbaoyu Technology (China)
• Shandong Landian Biological Technology Co., Ltd. (China)
• Shanghai Shenren Fine Chemical Co., Ltd. (China)
• Weinan Huifeng (China)

KEY INDUSTRY DEVELOPMENT

March 2025: GC innovation America acquires a leading bio-based succinic acid production plant in Texas, significantly expanding its North American production capacity and strengthening its location in renewable market segments.

REPORT COVERAGE

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global Succinic Acid Market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic
and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.