Global Bio-Based Succinic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Process Type;
Ammonium Sulfate Process, Direct Crystallization Process, and Electrodialysis ProcessBy Type;
Food Grade, Industrial Grade, and Pharmaceutical GradeBy Application;
BDO, Polyester Polyols, Plasticizers, PBS/PBST, Alkyd Resins, and OthersBy End User;
Industrial, Pharmaceutical, Personal Care, and Paints & CoatingsBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Bio-Based Succinic Acid Market Overview
Bio-Based Succinic Acid Market (USD Million)
Bio-Based Succinic Acid Market was valued at USD 1,173.76 million in the year 2024. The size of this market is expected to increase to USD 5,787.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 25.6%.
Global Bio-Based Succinic Acid Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 25.6 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 25.6 % |
Market Size (2024) | USD 1,173.76 Million |
Market Size (2031) | USD 5,787.70 Million |
Market Concentration | Low |
Report Pages | 392 |
Major Players
- BASF SE
- Gadiv Petrochemical Industries Limited
- BioAmber
- DSM
- Kawasaki Kasei Chemicals
- Misubishi Chemical Corporation
- Mitsui & Co
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Bio-Based Succinic Acid Market
Fragmented - Highly competitive market without dominant players
The Bio-Based Succinic Acid Market is experiencing a significant shift driven by the increased demand for eco-friendly and renewable chemicals. This transition is catalyzed by the replacement of petroleum-derived succinic acid with bio-based variants. Over 42% of demand in the specialty chemicals sector is now inclined toward sustainable substitutes, positioning bio-based succinic acid as a key material across multiple industries.
The market is gaining strong momentum in pharmaceuticals, resins, polymers, and coatings, driven by its versatility and lower environmental footprint. Over 35% of manufacturers have integrated bio-based succinic acid into their product formulations due to its low toxicity, biodegradability, and improved carbon efficiency. This growth is also supported by regulatory incentives favoring low-emission products.
Technological Advancements Enhancing Yield
Advances in fermentation technologies and microbial engineering have improved the productivity and purity of bio-based succinic acid, with efficiency gains reaching up to 27% in recent years. These innovations enable cost-effective production, thus promoting wider adoption in commercial applications including bioplastics, solvents, and food additives.
Consumer Preference Driving Market Penetration
The shift toward green consumer goods has driven demand from end-use sectors such as personal care and packaging, where over 38% of buyers now seek bio-based ingredients. This trend is creating a ripple effect across the supply chain, with manufacturers increasingly prioritizing bio-based feedstocks to meet market expectations and brand sustainability goals.
Challenges and Growth Opportunities
Despite the benefits, challenges such as high production costs and limited raw material availability have constrained full-scale commercialization. However, with over 33% of research investments now focused on low-cost production methods and agro-industrial waste utilization, the market is poised for substantial growth. Strategic collaborations and scaling of integrated biorefineries are expected to further strengthen this outlook.
Bio-Based Succinic Acid Market Recent Developments
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In December 2022, Mitsubishi Chemical Group, in collaboration with Chukyo Yushi Co., Ltd., developed a biodegradable and compostable dispersion solution using BioPBS, a plant-derived biodegradable polymer produced from succinic acid and 1,4-butanediol.
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In August 2022, Technip Energies acquired DSM's Biosuccinium Technology, enabling the production of bio-sourced and fully biodegradable polymers by utilizing patented bio-polymer technologies to create bio-based succinic acid (bio-SAc).
Bio-Based Succinic Acid Market Segment Analysis
In this report, the Bio-Based Succinic Acid Market has been segmented by Process Type, Type, Application, End User, and Geography.
Bio-Based Succinic Acid Market, Segmentation by Process Type
The Bio-Based Succinic Acid Market has been segmented by Process Type into Ammonium Sulfate Process, Direct Crystallization Process, and Electrodialysis Process.
Ammonium Sulfate Process
The Ammonium Sulfate Process is widely used for producing bio-based succinic acid due to its high yield and scalability. In this method, ammonia is employed as a neutralizing agent, resulting in ammonium sulfate as a by-product. This process accounts for approximately 40% of the total market share, driven by its compatibility with industrial-scale fermentation. However, environmental concerns regarding by-product disposal and the need for extensive purification steps limit its broader application.
Direct Crystallization Process
The Direct Crystallization Process is gaining traction for its sustainable and chemical-free approach. It involves recovering succinic acid from fermentation broth by adjusting temperature and pH, eliminating the need for neutralizing agents. This method represents about 35% of the market, favored for its lower energy consumption and ability to produce high-purity succinic acid, making it ideal for use in pharmaceutical and food industries.
Electrodialysis Process
The Electrodialysis Process uses electric current to selectively extract succinic acid from fermentation mixtures. Contributing to roughly 25% of the market, this method is valued for its continuous processing capabilities and minimal chemical input. It is particularly suitable for applications requiring premium-quality succinic acid. However, high capital investment and operational complexity can pose challenges for smaller manufacturers.
Bio-Based Succinic Acid Market, Segmentation by Type
The Bio-Based Succinic Acid Market has been segmented by Type into Food Grade, Industrial Grade, and Pharmaceutical Grade.
Food Grade
Food Grade bio-based succinic acid is primarily used in the food and beverage industry as a flavoring agent, acidity regulator, and preservative enhancer. Its non-toxic nature and alignment with clean-label trends make it a preferred choice among food manufacturers. This segment holds about 38% of the market share, largely supported by the increasing shift toward sustainable food additives and eco-friendly ingredients in processed and packaged foods.
Industrial Grade
Industrial Grade bio-based succinic acid dominates the market with a share of approximately 45%. It plays a key role in the production of biodegradable plastics, resins, coatings, and solvents. This grade is favored for its cost efficiency and its potential to replace traditional petrochemical-derived compounds in high-volume industrial processes. Its versatility across multiple end-use sectors supports its market leadership.
Pharmaceutical Grade
Pharmaceutical Grade bio-based succinic acid is utilized in the development of drug formulations and as a building block in the synthesis of active pharmaceutical ingredients (APIs). Representing around 17% of the market, this segment demands high purity standards and compliance with pharmaceutical regulations. Despite its smaller share, it holds significant importance due to its critical role in safe and effective medicinal products.
Bio-Based Succinic Acid Market, Segmentation by Application
The Bio-Based Succinic Acid Market has been segmented by Application into Industrial, Pharmaceutical, Personal Care, and Paints & Coatings.
BDO
BDO is a major downstream application of bio-based succinic acid, used in the production of engineering plastics, polyurethanes, and industrial solvents. Its bio-derived origin makes it an eco-conscious replacement for petrochemical alternatives. This application accounts for around 30% of the market, supported by rising demand for sustainable chemical intermediates across multiple industries.
Polyester Polyols
Polyester polyols produced using bio-based succinic acid are key components in polyurethane foams, coatings, and adhesives. Their versatility in sectors like automotive, furnishings, and building materials enhances their market appeal. This segment holds an estimated 18% share, driven by the need for low-emission and renewable-content polymers.
Plasticizers
Plasticizers made from bio-based succinic acid offer environmentally safer and biodegradable alternatives to traditional phthalates. They are extensively used in PVC compounds, rubber formulations, and plastic applications. This segment represents about 16% of the market, benefitting from growing regulatory emphasis on non-toxic additives.
PBS/PBST
PBS (Polybutylene succinate) and PBST (Polybutylene succinate-co-terephthalate) are biodegradable plastics manufactured from bio-based succinic acid. They are increasingly adopted in eco-friendly packaging, agricultural films, and disposable products. With a market share of nearly 14%, this segment is expanding in response to stricter plastic waste regulations and a consumer shift toward green alternatives.
Alkyd Resins
Alkyd resins incorporating bio-based succinic acid are widely used in industrial paints, protective coatings, and architectural finishes. These resins offer excellent durability and chemical resistance, aligning well with demand for sustainable coatings solutions. This segment contributes about 12% to the application market.
Others
The Others category includes emerging uses of bio-based succinic acid in personal care products, food ingredients, and pharmaceutical compounds. Though relatively small, it accounts for approximately 10% of the market. This segment continues to grow as innovation drives new bio-based product applications across niche sectors.
Bio-Based Succinic Acid Market, Segmentation by End User
The Bio-Based Succinic Acid Market has been segmented by End User into Industrial, Pharmaceutical, Personal Care, and Paints & Coatings.
Industrial
The Industrial segment dominates the bio-based succinic acid market, contributing approximately 50% of the total share. Its widespread application in the production of biodegradable plastics, resins, solvents, and plasticizers makes it a cornerstone for sustainable manufacturing. As a renewable alternative to petroleum-based chemicals, it supports green innovation across a wide range of chemical processing industries.
Pharmaceutical
The Pharmaceutical end-user category holds about 20% of the market, primarily using bio-based succinic acid in the development of active pharmaceutical ingredients (APIs) and drug delivery systems. Known for its high purity and non-toxic characteristics, it aligns well with strict regulatory requirements, making it a preferred choice in pharmaceutical applications focused on safety and sustainability.
Personal Care
The Personal Care segment accounts for nearly 15% of the demand, where bio-based succinic acid is used in cosmetic formulations, skincare products, and haircare items. Its compatibility with natural ingredients and mild acid profile makes it ideal for brands prioritizing clean beauty and environmentally conscious product lines. The shift toward sustainable personal care solutions is helping this segment grow steadily.
Paints & Coatings
Paints & Coatings make up around 15% of the market, utilizing bio-based succinic acid to enhance alkyd resin formulations and protective coating systems. Its inclusion offers improved durability, adhesion, and chemical resistance, while reducing the environmental footprint of coating products. This application is particularly valuable for manufacturers aiming to comply with eco-label certifications and low-VOC standards.
Bio-Based Succinic Acid Market, Segmentation by Geography
In this report, the Bio-Based Succinic Acid Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Bio-Based Succinic Acid Market Share (%), by Geographical Region
North America
North America represents roughly 28% of the bio-based succinic acid market. This share is driven by strong adoption across the chemical manufacturing, bioplastics, and pharmaceutical industries. The region benefits from well-established biorefinery infrastructure and consistent government backing for sustainable chemical production, reinforcing its leadership in renewable material adoption.
Europe
Europe leads the market with an estimated 30% share, owing to its rigorous environmental regulations and proactive support for green industrial initiatives. The widespread use of bio-based succinic acid in applications such as resins, coatings, and pharmaceuticals highlights the region’s strong alignment with eco-friendly manufacturing and low-emission technologies.
Asia Pacific
Asia Pacific holds the largest regional share at approximately 32%, propelled by rapid growth in industrial production and increasing use in plasticizers, cosmetics, and packaging. The region’s expanding industrial base and rising interest in sustainable raw materials position it as a key market for bio-based succinic acid deployment.
Middle East & Africa
Middle East & Africa contribute close to 5% of the global market. While still emerging, this region is seeing a gradual shift toward renewable chemical adoption, particularly in coatings and industrial solvents. Increased investment in economic diversification and sustainable industries is helping support early market growth.
Latin America
Latin America also accounts for around 5% of the market share, with growing interest in bio-based solutions for agrochemical formulations, packaging materials, and pharmaceutical ingredients. Government-led efforts to encourage renewable resource utilization and growing awareness of environmental impacts are contributing to market development in this region.
Bio-Based Succinic Acid Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Bio-Based Succinic Acid Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Rising Demand for Sustainable and Eco-Friendly Products
- Technological Advances in Production
- Government Incentives and Support
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Increased Awareness of Carbon Footprint Reduction - Growing awareness of carbon footprint reduction is playing a key role in driving demand within the bio-based succinic acid market. As sustainability becomes a central focus for businesses and governments alike, industries are actively seeking alternatives to fossil-based materials. Bio-based succinic acid, produced from renewable feedstocks such as agricultural waste, glucose, or starch, offers a significantly lower carbon footprint compared to its petrochemical counterpart, making it a preferred option in low-impact manufacturing strategies.
A major advantage of bio-based succinic acid lies in its eco-efficient production process, which utilizes fermentation instead of energy-intensive petrochemical methods. This results in lower greenhouse gas emissions and reduced dependency on non-renewable resources. Companies integrating bio-based succinic acid into their value chains for applications such as bioplastics, resins, coatings, and solvents can demonstrate measurable progress toward their climate goals and sustainability commitments.
With the influence of international climate accords and tightening environmental regulations, manufacturers are under pressure to adopt materials that support a transition to a circular and low-carbon economy. Bio-based succinic acid aligns with these objectives by enabling the creation of biodegradable and renewable-based end products, helping reduce long-term environmental impact. Its versatility and compatibility with existing processes make it an ideal choice for industries aiming to innovate responsibly.
As consumers and investors increasingly prioritize climate-conscious products and practices, the shift toward bio-based alternatives is accelerating. Bio-based succinic acid not only reduces emissions but also supports cleaner production, resource efficiency, and brand credibility in sustainability-driven markets. With rising awareness of its environmental benefits, the demand for bio-based succinic acid is expected to grow steadily across sectors seeking to align with global carbon reduction targets.
Restraints
- Limited Availability of Raw Materials
- Performance and Quality Issues
- Regulatory Compliance Challenges
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Market Resistance and Awareness - To hinder the widespread adoption of bio-based succinic acid across various industries. Although this renewable alternative offers clear environmental benefits, many manufacturers remain committed to traditional petrochemical-derived materials due to familiarity, supply chain stability, and perceived economic advantages. In sectors with highly optimized production processes, switching to a new input however sustainable can seem risky or disruptive to existing operations.
A major obstacle is the lack of industry-wide knowledge regarding the functional and environmental advantages of bio-based succinic acid. While it delivers a reduced carbon footprint and comparable performance in applications such as resins, coatings, plastics, and solvents, many businesses remain unaware of its full capabilities. This leads to hesitation rooted in misconceptions about product reliability, scalability, and market availability, especially in regions where sustainability adoption is still in its early stages.
Cost perception adds to the challenge. Bio-based succinic acid is often viewed as more expensive than conventional options, primarily due to limited production scale and reliance on renewable feedstocks. For companies operating under tight budget constraints, the upfront cost difference can deter adoption even if the long-term environmental and brand benefits are significant. Without robust regulatory incentives or demonstrated return on investment, this price sensitivity slows the transition to greener alternatives.
There is a need for targeted education, awareness-building campaigns, and collaborative industry efforts. By highlighting successful use cases, sharing cost-benefit analyses, and reinforcing the role of bio-based succinic acid in achieving sustainability targets, stakeholders can improve market understanding and acceptance. As awareness grows and production technologies advance, the path to broader adoption will become clearer, positioning bio-based succinic acid as a competitive and environmentally responsible solution in the global chemical industry.
Opportunities
- Development of New Applications
- Advancements in Production Technologies
- Collaborations and Strategic Partnerships
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Investment in R&D and Innovation - Growing investment in research and development (R&D) is unlocking significant opportunities in the bio-based succinic acid market. As industries place greater emphasis on sustainability, companies and institutions are channeling resources into improving the production efficiency, cost structure, and commercial viability of bio-based succinic acid. These efforts are helping to overcome technical and economic barriers, while also broadening the range of potential applications in sectors such as resins, coatings, plastics, and specialty chemicals.
Advances in fermentation techniques and microbial biotechnology have led to higher product yields and reduced environmental impact, making bio-based succinic acid more competitive with its fossil-based counterpart. Additionally, innovations in feedstock flexibility including the use of non-food biomass, glycerol, and agricultural residues are increasing scalability and lowering production costs. These developments are crucial in making bio-based alternatives more accessible to industries aiming to meet carbon reduction goals without compromising performance.
Beyond cost and efficiency improvements, R&D is expanding the functional versatility of bio-based succinic acid. Ongoing innovation is driving the development of biodegradable materials, bio-based polymers, and eco-friendly additives that support circular economy models. These advanced applications further enhance the value proposition of bio-based succinic acid as a key ingredient in sustainable product design, helping manufacturers align with both regulatory mandates and consumer demand for greener alternatives.
Collaboration between startups, research institutes, and global chemical companies is accelerating the pace of commercialization. These partnerships enable faster scaling and real-world implementation of bio-based innovations. As investment continues and supportive policy frameworks evolve, the role of bio-based succinic acid in transforming traditional chemical supply chains is expected to strengthen, positioning it as a cornerstone in the global shift toward low-carbon and renewable chemical solutions.
Bio-Based Succinic Acid Market Competitive Landscape Analysis
Key players in Bio-Based Succinic Acid Market include :
- BASF SE
- Roquette Frères
- Mitsubishi Chemical Corporation
- DSM
- Mitsui Chemicals, Inc.
- Corbion N.V.
- Technip Energies N.V.
- Reverdia
- Myriant Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- 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 Process Type
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Bio-Based Succinic Acid Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Demand for Sustainable and Eco-Friendly Products
- Technological Advances in Production
- Government Incentives and Support
- Increased Awareness of Carbon Footprint Reduction
- Restraints
- Limited Availability of Raw Materials
- Performance and Quality Issues
- Regulatory Compliance Challenges
- Market Resistance and Awareness
- Opportunities
- Development of New Applications
- Advancements in Production Technologies
- Collaborations and Strategic Partnerships
- Investment in R&D and Innovation
- 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
- Bio-Based Succinic Acid Market, By Process Type, 2021 - 2031 (USD Million)
- Ammonium Sulfate Process
- Direct Crystallization Process
- Electrodialysis Process
- Bio-Based Succinic Acid Market, By Type, 2021 - 2031 (USD Million)
- Food Grade
- Industrial Grade
- Pharmaceutical Grade
- Bio-Based Succinic Acid Market, By Application, 2021 - 2031 (USD Million)
- BDO
- Polyester Polyols
- Plasticizers
- PBS/PBST
- Alkyd Resins
- Others
- Bio-Based Succinic Acid Market, By End User, 2021 - 2031 (USD Million)
- Industrial
- Pharmaceutical
- Personal Care
- Paints & Coatings
- Bio-Based 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
- Bio-Based Succinic Acid Market, By Process Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF SE
- Roquette Frères
- Mitsubishi Chemical Corporation
- DSM
- Mitsui Chemicals, Inc.
- Corbion N.V.
- Technip Energies N.V.
- Reverdia
- Myriant Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market