바이오 숙신산 시장 규모, 점유율 및 성장 분석 : 소재별, 제조 공정별, 용도별, 최종 이용 산업별, 지역별 - 업계 예측(2026-2033년)

Global Bio-Succinic Acid Market size was valued at USD 145.0 Million in 2024 and is poised to grow from USD 162.4 Million in 2025 to USD 402.1 Million by 2033, growing at a CAGR of 12.0% during the forecast period (2026-2033).

The global bio-succinic acid market is experiencing significant growth fueled by the increasing demand for sustainable chemicals and bio-based materials, alongside a heightened focus on reducing carbon emissions. Advancements in fermentation technologies and the growing adoption of biodegradable polymers are pivotal in driving sales. Renewables as feedstocks and eco-friendly production methods are essential for market expansion, with investments in green chemistry further enhancing growth potential. Improved production efficiency and cost-effectiveness are crucial as manufacturers achieve higher fermentation yields and develop economical purification methods. This fosters bio-succinic acid's use in a variety of applications, including polybutylene succinate production. However, challenges such as high production costs and competition from conventional chemicals may hinder market penetration, presenting both opportunities and obstacles for industry players.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Bio-Succinic Acid market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Bio-Succinic Acid Market Segments Analysis

Global bio-succinic acid market is segmented by material, production process, application, end-use industry, and region. Based on material, the market is segmented into corn-based, sugarcane-based, cassava-based, lignocellulosic biomass, and others. Based on production process, the market is segmented into fermentation process and catalytic hydrogenation. Based on application, the market is segmented into Polybutylene Succinate (PBS), polyurethanes, resins & coatings, plasticizers, solvents & lubricants, food & beverage additives, pharmaceuticals, personal care & cosmetics and others. Based on end-use industry, the market is segmented into packaging, automotive, food & beverage, pharmaceutical, chemical, textile, personal care, and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Driver of the Global Bio-Succinic Acid Market

The increasing demand for sustainable biobased polymers is driving the growth of the global bio-succinic acid market, as this renewable building block is essential for the production of bioplastics, polyurethane precursors, and specialty chemicals. Manufacturers are prioritizing environmentally friendly supply chains, which is prompting advancements in industrial biotechnology and the scaling up of fermentation technologies. By choosing to replace petroleum-based intermediates with biosourced alternatives, companies not only align with their corporate sustainability goals but also respond to consumer demand for greener products. This shift is fostering innovation and expanding the applications of bio-succinic acid across various industries.

Restraints in the Global Bio-Succinic Acid Market

The global bio-succinic acid market faces several constraints primarily due to high costs associated with various stages of production. The significant expenses linked to upstream feedstock, fermentation processes, downstream separation, and specialized catalysts hinder the competitiveness of bio-succinic acid compared to established petroleum-derived alternatives. This price disparity poses challenges for manufacturers who are sensitive to costs, resulting in limited adoption within the commodity market. If buyers prioritize affordability and a reliable supply, suppliers may struggle to secure large contracts, which can stifle market uptake. Furthermore, the existing cost disadvantages may impede development and capacity expansion, affecting growth opportunities and strategic purchases by major users.

Market Trends of the Global Bio-Succinic Acid Market

The Global Bio-Succinic Acid market is witnessing a significant trend driven by the rising demand for sustainable packaging solutions. As companies increasingly prioritize sustainability in their operations, bio-succinic acid is becoming a favored choice for creating biodegradable materials and effective barrier coatings. This shift not only aligns with corporate sustainability goals but also meets consumer preferences for environmentally friendly products. Collaborative efforts among chemical manufacturers, converters, and designers are emerging, focusing on developing innovative alternatives that integrate seamlessly into existing production processes. This trend emphasizes a commitment to a low carbon supply chain while enabling product differentiation through verified sustainability credentials.

Table of Contents

Introduction

• Objectives of the Study
• Market Definition & Scope

Research Methodology

• Research Process
• Secondary & Primary Data Methods
• Market Size Estimation Methods

Executive Summary

• Global Market Outlook
• Key Market Highlights
• Segmental Overview
• Competition Overview

Market Dynamics & Outlook

• Macro-Economic Indicators
• Drivers & Opportunities
• Restraints & Challenges
• Supply Side Trends
• Demand Side Trends
• Porters Analysis & Impact
  • Competitive Rivalry
  • Threat of Substitute
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Bargaining Power of Suppliers

Key Market Insights

• Key Success Factors
• Market Impacting Factors
• Top Investment Pockets
• Ecosystem Mapping
• Market Attractiveness Index 2025
• PESTEL Analysis
• Regulatory Landscape
• Value Chain Analysis
• Case Studies
• Raw Material Analysis

Global Bio-succinic Acid Market Size by Material & CAGR (2026-2033)

• Market Overview
• Corn-based
• Sugarcane-based
• Cassava-based
• Lignocellulosic Biomass
• Others

Global Bio-succinic Acid Market Size by Production Process & CAGR (2026-2033)

• Market Overview
• Fermentation Process
• Catalytic Hydrogenation

Global Bio-succinic Acid Market Size by Application & CAGR (2026-2033)

• Market Overview
• Polybutylene Succinate (PBS)
• Polyurethanes
• Resins & Coatings
• Plasticizers
• Solvents & Lubricants
• Food & Beverage Additives
• Pharmaceuticals
• Personal Care & Cosmetics
• Others

Global Bio-succinic Acid Market Size by End-Use Industry & CAGR (2026-2033)

• Market Overview
• Packaging
• Automotive
• Food & Beverage
• Pharmaceutical
• Chemical
• Textile
• Personal Care
• Others

Global Bio-succinic Acid Market Size & CAGR (2026-2033)

• North America (Material, Production Process, Application, End-Use Industry)
  • US
  • Canada
• Europe (Material, Production Process, Application, End-Use Industry)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Material, Production Process, Application, End-Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Material, Production Process, Application, End-Use Industry)
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Material, Production Process, Application, End-Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• BASF SE
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Roquette Freres
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsubishi Chemical Group Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nippon Shokubai Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Corbion N.V.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LCY Chemical Corp.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Anhui Sunsing Chemicals Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kawasaki Kasei Chemicals Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Myriant Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Reverdia B.V.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BioAmber Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DSM-Firmenich AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dow Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Evonik Industries AG
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GC Innovation America
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sumitomo Chemical Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• PTT Global Chemical Public Company Limited
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsui & Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Henan Jindan Lactic Acid Technology Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shandong Landian Biological Technology Co., Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations