Succinic acid is a kind of basic chemical well-accepted in both China and the world. It has a wide range of applications, in addition to being used as raw materials of several chemicals, including 1, 4-butanediol (BDO), alkyd resin, PBS, etc., succinic acid can be also used as additives in agriculture, food , and other industries.
CCM’s 5th edition succinic acid report issued in August, namely Production and Market of Succinic Acid in China, outlines the current situation of China’s succinic acid market, including production situation, producers’ overview, raw material introduction, consumption situation, etc.
In consumption situation part, CCM will give readers a brief introduction to major end-use segments of succinic acid, including the consumption situation in such industries as food, agriculture, pharmaceuticals, electronics, and other ones.
According to the report, the food industry has been the fastest growing consumer of succinic acid over the past five years and it will also be one of the biggest growth points in the coming few years. Meanwhile, polybutylene succinate (PBS) will be the biggest growth point among the downstream products. With the expansion of PBS market, the consumption structure of succinic acid will change greatly in the next few years and PBS is estimated to become the largest consumption segment of succinic acid in China.
To reveal the actual consumption situation of succinic acid in China, CCM presents the report with the following statistics provided:
Consumption volume of succinic acid in main areas in China in 2012
Major end-users of succinic acid in disodium succinate production in China in 2012
Major end-users of succinic acid in daminozide production in China in 2012
Major end-users of succinic acid in dimetachlone production in China in 2012
Major end-users of succinic acid in the pharmaceutical industry in China in 2012
Some end-users of succinic acid in soldering flux production in China in 2012
Some end-users of succinic acid in the soldering flux production in China in 2012
Major end-users of succinic acid in PBS production in China in 2012
Capacity of major existing & potential PBS producers in China, as of July 2013
Major end-users of succinic acid in DMS, DES and DIPS production in China in 2012
For more information about Production and Market of Succinic Acid in China, please visit:
http://www.cnchemicals.com/ResearchCenter/Report/2311/Production-and-Market-of-Succinic-Acid-in-China-Edition(5)
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