CCM releases a new market report on Succinic Acid Production and Market of Succinic Acid in China - Edition 4, in May 2010. This report mainly contains the information on current production, market situation, import and export analysis and consumption pattern of succinic acid in China. At last, it focuses on the introduction of succinic acid biological technology situation in China, and offers future forecast on Chinese succinic acid industry.
By Q1 2010, there are 12 major active succinic acid producers in China. From 2005 to 2009, Chinese succinic acid industry stably developed in China. However, in 2008, domestic succinic acid market was shank due to the financial crisis. Currently there are mainly two pathways to produce succinic acid namely chemical pathway and biological pathway. Chemical pathway in China is mature,while biological pathway is still at research stage. Considering the limited petrol reservation in the world, biological pathway is promising in the future. In 2010, a foreign company started to produce succinic acid industrially by fermented method.
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.
The market report mainly focuses on the following points:
-Information on production and market situation of succinic acid in China
-Import and Export analysis of succinic acid
-Information on consumption pattern of succinic acid
-Succinic acid biological technology situation in China
-Future forecast on Chinese succinic acid industry 2010-2015
-Profile of current succinic acid producers and researchers in China
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