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succinic acid market

With the global large-scale construction and putting into production in succession of succinic acid project and the development of the new areas of bio-based polymers, the obstacles of high cost and small market will gradually be cleared.
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    With the global large-scale construction and putting into production in succession of succinic acid project and the development of the new areas of bio-based polymers, the obstacles of high cost and small market will gradually be cleared. In 2012, amber acid (CAS No.110-15-6 ) market will have a big leap. Sevn Theysohn of BASF future business's senior manager showed that the current global demand of succinic acid was 30,000 to 35,000 tons / year and the demand was double-digit growth over the next five years because of the development of the downstream application.


    1. China Market of Succinic Acid

    China is the major consumption country for succinic acid, with total apparent consumption volume of 7,393 tonnes in 2009. Succinic acid is widely used in chemical, food, pharmaceutical and agricultural industries. From 2005 to 2009, Chinese succinic acid industry stably developed in China. At present many large chemical enterprise have started to subordinate succinic acid market. Anhui Sunsing Chemicals Co.,Ltd, as one of the High-technical enterprises in Anhui, also one of the important manufacturers of Organic Pigment and the largest manufacturer of Succinic Acid in China will increase production in the next few years in order to meet the demand of the market.


    2. Succinic Acid Market abroad

    It is understood that in October 2011, DSM and Roquette cooperated to build the annual capacity of 10,000 tons of succinic acid in Italy and put into operation. It is reported that the Myriant company in United States is expected to launch the production equipment of its production capacity of 13600 tons/year in 2013, and it plans to expand to 77000 tons/year in future. Tthe foreign succinic acid market prospect is also very good.

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