#Polybutylene Succinate Market Price

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#Polybutylene Succinate Market Size #Polybutylene Succinate Market Share #Polybutylene Succinate Market Price #Polybutylene Succinate Market Trends

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Polybutylene Adipate Terephthalate Prices Trend, Pricing, Database, Index, News, Chart, Forecast

Polybutylene Adipate Terephthalate (PBAT) prices is a biodegradable polymer gaining traction in various industries due to its eco-friendly properties. As the demand for sustainable materials continues to rise, PBAT prices have become a topic of interest for manufacturers, researchers, and investors alike. The pricing dynamics of PBAT are influenced by several factors, including raw material costs, production technology, market demand, and regulatory policies.

Raw material costs play a significant role in determining PBAT prices. PBAT is synthesized from adipic acid, terephthalic acid, and 1,4-butanediol, which are derived from petroleum or renewable sources such as bio-based succinic acid. Fluctuations in crude oil prices directly impact the cost of petroleum-derived raw materials, affecting the overall production cost of PBAT. Additionally, the availability and pricing of bio-based alternatives influence the cost competitiveness of PBAT in the market.

Production technology is another critical factor influencing PBAT prices. Advances in polymerization processes, catalyst development, and purification techniques can enhance production efficiency and reduce manufacturing costs. Innovative methods such as enzymatic polymerization and solvent-free processes contribute to lower energy consumption and waste generation, resulting in cost savings for PBAT producers. Investments in research and development aimed at improving process efficiency and scalability are key drivers for maintaining competitive pricing in the PBAT market.

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Market demand plays a pivotal role in determining PBAT prices, as fluctuations in supply and demand dynamics directly impact pricing trends. The growing awareness of environmental issues and the shift towards sustainable practices drive the demand for biodegradable polymers like PBAT across various applications such as packaging, textiles, and consumer goods. Increased adoption of PBAT in niche markets such as compostable packaging and agricultural films further stimulates demand, exerting upward pressure on prices. However, market saturation and competition from alternative materials can temper price escalation, prompting manufacturers to adopt pricing strategies to maintain market share.

Regulatory policies and standards also influence PBAT prices by shaping market dynamics and compliance requirements. Government initiatives promoting the use of biodegradable materials, such as bans on single-use plastics and incentives for bio-based products, create opportunities for PBAT manufacturers to expand their market presence. However, regulatory uncertainty regarding biodegradability standards and certification processes can pose challenges for market penetration and product differentiation. Adherence to quality standards and certifications, such as EN 13432 and ASTM D6400, adds value to PBAT products but may entail additional costs, which are reflected in pricing strategies.

In summary, Polybutylene adipate terephthalate (PBAT) prices are influenced by a complex interplay of factors including raw material costs, production technology, market demand, and regulatory policies. As the demand for sustainable materials continues to grow, PBAT prices are expected to remain stable or experience gradual increases driven by market dynamics and technological advancements. However, pricing volatility may occur due to fluctuations in raw material costs, supply chain disruptions, and regulatory changes. To navigate these challenges, PBAT manufacturers must focus on optimizing production processes, enhancing product quality, and aligning pricing strategies with market trends and customer needs.

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#Polybutylene Adipate Terephthalate Prices

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Global Mulch Films Market Overview – Market Growth Analysis And Key Drivers

The Mulch Films Global Market Report 2023, provides comprehensive information on the mulch films market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Mulch Films Market’s Growth:

As per The Business Research Company’s Mulch Films Global Market Report 2023, the global mulch films market size is expected to grow from $3.99 billion in 2022 to $4.32 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global mulch films market size is expected to reach $5.71 billion in 2027 at a CAGR of 7.2%.

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Product innovations are a key trend gaining popularity in the mulch films market. Major companies operating in the mulch films market are developing new products to strengthen their position in the market. For instance, in Feb 2020, Novamont S.p.A, an Italy-based company operating in mulch films launched MATER-BI bioplastic, used for the production of soil-biodegradable mulch films in compliance with European standard UNI EN17033 has been certified to comply with the AIAB Technical Means specification. This product would aim to guarantee all farmers and professional users products that have been compatible with the environment and will meet technical and ethical sustainability requirements and capable of use under different environmental conditions and on crops having many different cycles with excellent agricultural results. Due to its biodegradability in soil MATER-BI film ad does not need to be recovered and disposed of at the end of the cultivation cycle, and left in the soil where it is biodegraded by microorganisms, and helping to reduce plastic waste production and preserve the soil from pollution by plastics.

The mulch films market is segmented:

1) By Product Type: Non-Biodegradable, Biodegradable

2) By Material Type: Polyethylene, Polypropylene, Polyvinyl Chloride, Polylactic Acid /Polyhydroxyalkanoates, Polybutylene Succinate, Ethylene-Vinyl Acetate, Other Bio-Based Material

3) By Application: Agriculture, Horticulture

Asia-Pacific was the largest region in the mulch films market in 2022.

The table of contents in TBRC’s mulch films market report includes:

1. Executive Summary

2. Market Characteristics

3. Market Trends And Strategies

4. Impact Of COVID-19

5. Market Size And Growth

6. Segmentation

7. Regional And Country Analysis

.

.

.

27. Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

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Automotive Bioplastic Market – Industry Trends, Key Driver, size, share,

In the top notch Automotive Bioplastic market report, the complete and crystal clear outline of the market is penned down which is useful for many businesses. With this business report not only an unskilled individual but also a professional can easily extrapolate the entire market within a few seconds. TOC, graphs and tables included in the report helps understand the market size, share, trends, growth drivers and market opportunities and challenges. The credible Automotive Bioplastic business report provides key statistics on the market status of global and regional manufacturers and is a valuable source of guidance and direction for the companies and individuals interested in the industry.

The market research study and research data covered in the consistent Automotive Bioplastic report makes it a handy resource for managers, analysts, industry experts, and other key people get ready-to-access and self-analyzed study. Estimations about the rise or fall of the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are evaluated in the report. With this market research report clients can focus on the data and realities of the industry which keeps business on the right path. Automotive Bioplastic market report is the best overview about global industry perspective, comprehensive analysis, size, share, growth, segment, trends and forecast.

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Global automotive bioplastic market was valued at USD 623.30 million in 2021 and is expected to reach USD 1365.53 million by 2029, registering a CAGR of 10.30% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition

The bioplastics used in the automotive industries is known as “automotive bioplastic”. The raw material used in the manufacturing of the bioplastics are usually from the biological sources such as corn starch, vegetable and oil fats, recycled food waste and other conventional sources such as fossil fuels.

Global Automotive Bioplastic Market Scope

The automotive bioplastic market is segmented on the basis of material type, applications and vehicle type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material Type

·         Bio Poly-Amide (PA)

·         Bio Poly-Trimethylene Terephthalate (PTT)

·         Bio Polyethylene Terephthalate (PET)

·         Bio Polybutylene Succinate (PBS)

·         Bio Polypropylene (PP)

·         Bio Polyethylene (PE)

·         Others

Applications

·         Exterior

·         Interior

·         Engine Surrounding

·         Others

Vehicle Type

·         Passenger Car

·         Light Commercial Vehicle

·         Heavy Commercial Vehicle

·         Electric Vehicles

Competitive Landscape and Automotive Bioplastic Market Share Analysis

The automotive bioplastic market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive bioplastic market.

Some of the major players operating in the automotive bioplastic market are

·         Mitsubishi Chemical Corporation. (Japan)

·         TotalEnergies (France)

·         TEIJIN LIMITED. (Japan)

·         NatureWorks LLC (U.S.)

·         DENSO CORPORATION. (Japan)

·         Solvay (Belgium)

·         TORAY INDUSTRIES, INC. (Japan)

·         TORAY INDUSTRIES, INC. (Germany)

·         Arkema (France)

·         Braskem (Brazil)

·         Novamont S.p.A. (Italy)

·         RTP Company (U.S.)

·         BASF SE (Germany)

·         Dow (U.S.)

·         Eastman Chemical Company (U.S.)

·         AGRANA Beteiligungs-AG (Austria)

·         Anellotech, Inc. (U.S.)

·         BioSphere Plastic (U.S.)

·         Bosk Bioproduits inc. (Canada)

·         Covestro AG (Germany)

·         Danimer Scientific (U.S.)

·         Metgen Oy (Finland)

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Automotive Bioplastic Market Regional Analysis/Insights

The automotive bioplastic market is analyzed and market size insights and trends are provided by material type, applications and vehicle type as referenced above.

The countries covered in the automotive bioplastic market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance due to the increasing research and development activities within the region.

Asia-Pacific, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing vehicle production within the region.

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[pravalika]

Fresh Food Packaging Market - Forecast (2022 - 2027)

The Fresh Food Packaging Market Size is estimated to reach $165.2 billion by 2027. Furthermore, it is poised to grow at a CAGR of 6.1% over the forecast period of 2022-2027. Fresh Food Packaging is a technique used to prevent food from any unnecessary changes after packaging. The changes might be related to color, odor, taste, and texture, and contamination by any external source. It helps to store food in a convenient size & shape and also gives some basic information about stored food on the external coat of the packed container. Innovative, attractive, and convenient to store packaged food always attract customers. Different materials are used for different packaging food products. Packaging materials are classified into categories depending on the material used for packaging which are paper (kraft paper, sulfite paper, greaseproof paper, parchment paper, flexible paper) plastic (polyethylene, polypropylene, polyvinyl chloride, biodegradable plastic, and others), metal, glass, gusseted bags, the corrugated box used in the Fresh Food Packaging industry. Such Fresh Food Packaging material is used for packaging various types of items like dairy products, beverages, fruits, meat and seafood, pet food, and other types of consumables. The increasing population and demanding need for fresh and organic food all over the world drive the Fresh Food Packaging Market over the forecast period 2022-2027.

Fresh Food Packaging Market Report Coverage

The report: “Fresh Food Packaging Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Fresh Food Packaging Market.

By Type: Rigid, Flexible, Semiflexible 

By Material: Plastic (Poly Ethylene (PE), Poly Propylene (PP), BoPET) Metal (Aluminium, Steel, Others) Glass, Paper (kraft paper, sulfite paper, greaseproof paper, parchment paper, flexible paper), Paperboard, Biodegradable Material (Bagasse, Polylactic acid (PLA), Polyhydroxyalkanoates (PHA), Polybutylene succinate (PBS), Polybutylene adipate terephthalate (PBAT) and Starch Blends) and Others.

By Pack Type: Converted Roll Stock, Gusseted Bags, Flexible Paper, Corrugated Box and Others.

By Application: Meat Products, Vegetables, Seafood, Fruits, Diary Products and Others.

By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), and Rest of the World (the Middle East, and Africa).

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Key Takeaways

Geographically, Asia-Pacific held a dominant market share in the year 2021, expanding the demand for fresh food and products.

Sustainable packaging solutions with cost-effective technology help to grow the Fresh Food Packaging Market over the forecast period 2022-2027.

Fluctuation in prices owing to various factors like imbalance of demand & supply chain will impact Fresh Food Packaging Market in the projected forecast period.

A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Fresh Food Packaging Market Report.

Fresh Food Packaging Market Segmentation Analysis- By Type

Fresh Food Packaging Market based on type can be further segmented into Rigid, Flexible, and Semiflexible. Rigid Fresh Food Packaging segment held a dominant share in the year 2021. This is attributed to stronger support provided by materials to goods kept in it with barrier wall protection. Aljavascript:nicTemp();so, food packed in the rigid type of material is easy to transport and store with minimum risk of damage to the product inside. Rigid packaging is widely applied in beverages like carbonated beverages, water, juice, tea, sports drink, nutritional drink, baby food, and frozen food. Such wide application and advantages drive the rigid packaging segment.

However, Flexible packaging is estimated to be the fastest growing with a CAGR of 8.2% over the forecast period of 2022-2027. Flexible packaging is further categorized as films – shrink film, stretch film, and pouches. They are lightweight, easy to handle and carry and occupy less space. In April 2019, Amcor launched sustainable high-barrier polyolefin film with the name Amite Ultra Recyclable which can help to reduce carbon footprint by up to 64%. Such innovation, advantages, and the presence of key market players help to grow the flexible packaging market over the forecast period 2022-2027.

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Fresh Food Packaging Market Segmentation Analysis- By Application

Fresh Food Packaging Market based on the application can be further segmented into Meat Products, Vegetables, Seafood, Fruits, Dairy Products, and Others. Meat Products held a dominant share in 2021. The meat is highly perishable in nature and posses a high risk of contamination if not packed and stored properly. According to Pew Research, 78% of the global population is non-vegetarian and America was first in consumption of meat in 2020, which is an average of 252 pounds per person, and chicken is held first place followed by beef. Such a huge number of non-veg consumers increases the demand for meat products and their packaging which helps to drive the segment.

However, vegetables are estimated to grow by 7.0% in the forecast period of 2022-2027 owing to the increasing trend of preferring a veganism diet. In 2021, the total number of vegans, vegetarians, and related categories population reached up to 14% of the global population. Also, recommended consumption of vegetables by WHO is 400 grams per person per day but world consumption is 267 grams per person per day which results in market scope for fresh vegetable supply, such factors help to grow Fresh Food Packaging Market over the forecast period 2022-2027.

Fresh Food Packaging Market Segmentation Analysis - By Geography

The Fresh Food Packaging Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. Asia-Pacific held a dominant market share of 39% in the year 2021. This is attributed to 60% of the world's population living in this region and the increasing demand for fresh food and food products help to drive the market. According to Asia Food Challenge Report 2021 – Asia will spend around $2.4 trillion on food by 2030. The Asian consumers are shifting to fresh foods, healthier diets, sustainable consumption practices, and online purchasing of food, which will drive the Asia Fresh Food Packaging Market.

Furthermore, North America is estimated to be the fastest growing over the forecast period 2022-2027, attributed to an increase in the consumption of packaged foods. Consumers are also shifting their food habits from junk food to healthier higher-quality packaged food. Also, the availability of eco-friendly packagings like biodegradable packaging and sustainable packaging solutions are preferred by consumers to safeguard the environment. Indian Defence Research and Development Organisation (DRDO) launched biodegradable food-grade material with help of Acharya Nagarjuna University and Ecolastic in July 2021. Such factors help to grow the segment over the forecast period 2022-2027.

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Fresh Food Packaging Market Drivers

Increasing Consumer Awareness and Demand for Extended Shelf Life of Products Drive Market.

Consumers are highly aware of health-related issues after consumption of unhealthy junk food, however, they preferred fresh food and food products by spending extra, which are beneficial for health. As per CDC, more than 67.3% of adults consumed fruit each day in the U.S. In 2021, online sales of packaged food and beverages hit $109 billion, as per Food Industry Association. Also, consumption of unhealthy food increases problems of obesity all over the world. The world obsess population goes up to 2 billion adults in the year 2021 as per data in world statistics. The increasing prevalence of obesity invites many other diseases such as Cardiovascular Diseases, Hypertension, Blood pressure, Infertility and others. Now-a-days consumers are well aware of the disease's root cause, resulting in the consumption of healthy, fresh food products which helps to drive Fresh Food Packaging Market. 

Growing Trend of Clean Labelling is Driving the Market Growth.

Owing to a growth in customer concern for simple and less synthetic chemicals on product labels, the growing trend of clean labeling is a vital contributor to the overall industry expansion. Unhealthy ingredients, such as chemical formulas of synthetic chemicals, are not listed on clean labels. In 2021, sales of clean label ingredients like natural colors and flavors, fruits and vegetables, starch, and sweeteners reached $38.8 billion. Thus, the increasing trend of clean label products are driving the Fresh Food Packaging Market over the forecast period. 

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Fresh Food Packaging Market Challenges

Fluctuating Prices of Raw Materials Hider Fresh Food Packaging Market Growth

Arrivals in the market, demand, weather conditions, export demand, and varietal differences among marketplaces all have an impact on price changes. When all or some of these factors were active, raw material prices exhibited volatility, which impacted by-products such as Fresh Food Packaging Market price, which in turn influenced the growth of the Fresh Food Packaging Market. In 2021, the price of plastic packaging hiked owing to the unusual increase in raw material prices and energy prices. Most of the food container is made up of 100% recyclable polypropylene and this material is produced from the residual waste of fossil fuel as prices of fossil fuel get hike resulting in an increase in the price of plastic packaging. In January 2021, US polypropylene prices hike from 13.5 to 96.5 percent per pound, also the price of HDPE and LDPE up by 8% & 9% respectively. Such increasing price over time is slowing down the growth of the Fresh Food Packaging Market over the forecast period 2022-2027.

Fresh Food Packaging Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Fresh Food Packaging Market. The top 10- Fresh Food Packaging Market companies are-

Ultimate Packaging

Mondi Group

International Paper Company

PP Global

DuPont de Nemours, Inc.

Amcor Limited

Coveris Holdings S.A

Temkin International Inc.

Smurfit Kappa

Univeg Group

Recent Developments

In March 2022, International Paper Company announced to sell its stakes in Russian llim JV. Company aims to sale up-to 50% shareholding interest in llim Group Joint Venture in Russia aimed at the invasion of Ukraine.

In July 2021, Ultimate Packaging was acquired by ProAmpac – the leader in flexible packaging and material science. Ultimate packaging is one of the largest independent flexible packaging manufacturers in the United Kingdom. Ultimate is specialized in innovative packaging solutions, increasing product shelf life, convenience, and recyclable product range which will help to ProAmpac strengthen its position in the market. 

In April 2020, Modi Group – a leading global packaging solution has partnered with Reckitt Benckiser Group, with this partnership they launched a fully mono-material flexible plastic packaging portfolio for the premium line of Finish Dishwasher Tablets ‘Quantum Ultimate’. 

#Fresh Food Packaging Market #Fresh Food Packaging Market Share #Fresh Food Packaging Market Size #Fresh Food Packaging Market Price

[samidha28jain]

These materials are used to make fishing nets to catch fish and reduce the possibility of ghost fishing. Data Bridge Market Research analyses that the marine degradable polymers for fisheries products market is expected to reach the value of USD 7,749.07 thousand by the year 2029, at a CAGR of 5.5% during the forecast period. " Polybutylene Succinate (PBS)" accounts for the most prominent material segment in the respective market owing to the rise in marine degradable polymers for fisheries products. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

#Size Report Statistics Trends Scope & Forecast Overview Industry Analysis

[researge]

Global Biodegradable Plastics Market Study 2014 - 2030

Analysis of the BIODEGRADABLE PLASTICS MARKET

A comprehensive market study on the BIODEGRADABLE PLASTICS MARKET Market provides an overview of the demand-supply and consumption patterns of Biodegradable Plastics Market across six different regions. This market study describes the Biodegradable Plastics Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Biodegradable Plastics Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.

Distinct market estimations and forecasts are presented in this comprehensive Biodegradable Plastics Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Biodegradable Plastics Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.

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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Biodegradable Plastics Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.

Global Biodegradable Plastics Manufacturers  Demand Analysis  By Type,

By Application (Volume, Value) (2014–2030)

Strategic Issues

Demand Analysis and Forecast (2014 – 2030)

Demand

Demand Growth Rate (%)

Driving Force Analysis

Global Biodegradable Plastics Market, By Type

Polylactic Acid (PLA)

Polyhydroxyalkanoates (PHA)

Polycaprolactone (PCL)

Polybutylene Succinate (PBS)

Starch Based Plastic

Regenerated Cellulose

Others

Global Biodegradable Plastics Market, By Application

Packaging

Consumer Goods

Automotive

Building & Construction

Textile

Agricultural

Electrical & Electronics

Others

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[marketinsightss]

Biodegradable Plastic Market - Forecast(2022 - 2027)

As per the Plastic Oceans Organization, more than 8 million tons of plastic are dumped into the oceans every year and the production rate of plastic per year is approximately 300 million tons Owing to such alarming circumstances, UN has launched a campaign #CleanSeas to eliminate marine litter by 2022

Growing consumer awareness regarding global warming and government legislation such as ban on plastic bags has escalated the worldwide application for biodegradable plastics. Plastics manufactured by renewable raw materials found in agricultural plant or animal products, that decay to carbon dioxide and water, aided by bacteria and microbes is known as biodegradable plastics. As per the IndustryARC business intelligence report, biodegradable plastics market through endless governmental campaigns and regulations has managed to divert a substantial chunk of traditional plastic consumers into its own domain. Such epidemic movements has augmented the global biodegradable market size to be around $8billion as of 2018. The analyst of the report has tracked the opportunities in the biodegradable plastic market to be growing at a CAGR of around 11% during the forecast period of 2019-2025.

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Biodegradable Plastic Market Outlook:

As per the product type biodegradable plastics or bioplastic is mainly segmented into

polyhydroxyalkanoates

(PHA),

polylactic acid

(PLA),

polybutylene succinate

(PBS) and polycaprolactone (PCL). Further analysis of the application segment indicates the packaging industry to be the lead employer of biodegradable plastics. Increasing demand of biodegradable plastics owing to stringent regulations as major packaging equipment in food & beverage, fabrics, pharmaceuticals and consumer products is all set to strike the market with abundant demand. Such demands coupled with ecological awareness to implement biodegradable plastics have supplemented the packaging segment to be growing at a CAGR of around 9% going through 2025.

Biodegradable Plastic Market Growth Drivers and Trends:

‘Lightweighting’ is a trending subject for the automotive industry to reduce carbon footprints and the foremost reason for plastics been employed as a replacement for heavier materials such as metals. As per the International Energy Agency’s latest report, the Global Energy and CO2 Status Report, 2017, the carbon emissions stretched at a historical high of 32.5 gigatonnes in 2017. Thus the automotive industry in an emergent need for lightweight materials and at the same time to keep a check on carbon footprints and maintain environment conservationism has been enforced to let go of the petroleum plastic and adapt biodegradable plastics in its operations.

Japanese automotive giant Toyota is a leader in adopting bioplastics which is accustomed to employ biobased polyesters, biobased PET, and PLA-blends in its manufacturing procedure. Toyota has fixed an objective of substituting 20 percent by weightiness of all petroleum plastics for automotive by bioplastics. The Toyota SAI and Toyota Prius models already feature a number of bioplastic applications such as headliners, sun visors, or floor mats. Up to 60 percent of the interior fabrics are made of biobased polyesters.

Owing to its rapidly innovating automotive sector and robustly growing packaging sector catering F&B and pharmaceuticals industries, APAC has established itself as the leading region in terms of biodegradable plastic demand. It hosts more than 35% of the global demand under its own territory. Indian and Chinese economy with a huge chunk of global population is disrupting pharmaceutical and automotive sector and consumer products demand. Employment of plastics and packaging as an integral part of these sectors is all set to poise the market towards exponential growth.

Biodegradable Plastic Market Challenges:

One of the most prominent factor obstructing the biodegradable plastic market is the high price of biodegradable plastics. The intricate engineering processes along with the instability of raw materials employed for the fabrication of biodegradable plastics is the motivation behind the augmented prices.

But, the governments in various economies are taking determined steps to eradicate non-biodegradable plastics from the environment. Numerous organizations have been established to confirm that there is negligible plastic waste disposed in the environment, and biodegradable plastics are recycled in majority of the sectors.

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Biodegradable Plastic Market Players Perspective:

Some of the leading players operating in the biodegradable plastic market profiled in this business intelligence report are Cargill Incorporated, Mitsubishi Chemical Corporation and NatureWorks.

To cater the demand for biodegradable plastics emerging from the F&B sector, Japan Paper and Pulp Co., Ltd. has decided to sell paper cups made with Mitsubishi Chemical Corporation (MCC) BioPBS. BioPBS, developed and patented by MCC, is plant-derived and biodegradable plastic.

Biodegradable Plastic Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Biodegradable Plastic Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of products in the Biodegradable Plastic Market, and their specific applications in different phases of operations.

#biodegradable plastic market biodegradable plastic market price biodegradable plastic market research biodegradable plastic market size

[chemanalyst]

Butanediol Market is Projected to Grow at a CAGR of 6.50% by 2030 | ChemAnalyst

According to ChemAnalyst report, “Butanediol Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Butanediol market witnessed a demand of around 3.08 million tons globally in 2020 and is anticipated to grow at a significant rate with a healthy CAGR of 6.5% until 2030 owing to its surging demand to produce Tetrahydrofuran and other derivatives.

Read Full Report Here: https://www.chemanalyst.com/industry-report/butanediol-market-657

Butanediol (BDO or 1.4 Butanediol) is a straight-chain glycol with hydroxyl groups on both ends. It is a colorless, thick, and water-soluble organic chemical that acts as a precursor to numerous derivatives such as esters, carbamates, polyesters, and urethanes. In industries, Butanediol is produced by various methods such as reppe method, Maleic Anhydride method, Butadiene-Acetic Acid method, Propylene oxide method, etc. The reppe process is the most used method across the industries for the production of Butanediol in which a reaction between Formaldehyde and Acetylene is followed by hydrogenation to produce BDO. Apart from these, a newly emerged and ecofriendly “Bio-Route technology” is growing rapidly for the production of BDO, in which plant-based feedstocks (sugar & succinic acid) are utilized instead of petroleum-based feedstocks. Due to the rising environment-related concerns to reduce the carbon footprint, the majority of the global manufacturers are now investing in the production of environment-friendly goods that is likely to boost the market for Biobased Butanediol in the upcoming years.

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Butanediol is primarily used as a preliminary material for the production of polyurethane resins and several industrial chemicals like Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Polybutylene Adipate Terephthalate (PBAT), Polyurethanes (PU), Polyvinyl Pyrrolidone (PVP), Gamma Butyrolactone (GBL), and Others. Tetrahydrofuran (THF) is employed as a versatile solvent in various industries such as pharmaceuticals, to make spandex fibers, urethane elastomers, PVC, etc. and is the largest consumer of BDO globally and is expected to swell up the demand for BDO in the forecast period.

Polybutylene terephthalate (PBT) is used extensively in the automotive and electronics industries as an engineering plastic. Polyurethane is a multipurpose polymer with applications in industries such as electricals and electronics, building and construction, automotive etc. due to its superior properties. Gamma-butyrolactone (GBL) is highly used in industries as a solvent, an intermediate or in the formulations of some drugs. Similarly, other derivatives of Butadiene such as Polybutylene adipate terephthalate (PBAT) and Polyvinyl pyrrolidone are used in several end use industries.

Major end use industries of Butanediol based on the applications of Butanediol and its derivatives are automotive, medical & pharmaceuticals, electronics and electricals, footwear, textiles, and others. Surging demand from automotive and electronics and electricals is likely to drive the demand for Butanediol in the forthcoming years. However, as a majority of the Butanediol produced globally is fossil fuel based therefore environmental hazards associated with Butanediol coupled with the volatility in the prices of its raw material may hamper its market growth in the forecast period.

The sudden outbreak of the COVID-19 virus in the first half of 2020, across the globe led to the imposition of nationwide lockdowns by the major economies. It resulted into the disruption in the functioning of several manufacturing plants as well as the interruption in the supply and demand chain which consequently impacted most of the industries. The Butanediol market was also affected in the first wave of COVID-19, because its major end use industries such as Automotive, Electronics and Textiles were severely affected in the first wave of COVID -19. However, overall Butanediol industry was not much affected despite the pandemic as there was a surge in the demand for Butanediol due to its use in packaging and pharmaceuticals sectors which were exponentially grown during the Covid crisis.  Moreover, after the exemption of trade restriction and resumption in the operations of all the industries in the second half of 2020, an improvement is witnessed in the Butanediol market as its major end use industries have been recovered and is expected to drive the demand for Butanediol in the forthcoming years.

Region wise, Asia Pacific holds the maximum demand share of the Butanediol market and is expected that its Butanediol market would grow at a promising pace through 2030 owing to rapid industrialization, urbanization, and huge consumer base in the region coupled with the growing automotive and healthcare sector in the region. Additionally, China is the leading producer of electricals & electronics, and textiles which is likely to fuel the market for Butanediol in the forecast period.

According to ChemAnalyst report, “Butanediol Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”, Major players for Butanediol globally are BASF SE, Dairen Chemical Corporation, LyondellBasell Chemicals, Exxon Mobil Corporation, Shanxi Sanwei Group, International Specialty Products, Invista, Mitsubishi Chemical Corporation and SABIC, among others

“Butanediol is identified as a versatile chemical used in the production of plastics, fibers, polymers, solvents, etc. that are further employed in numerous industrial applications. The growing demand for Tetrahydrofuran for producing lightweight automobile parts and electronics products is expected to drive the demand for Butanediol in the upcoming years. Similarly, rising demand for Spandex fiber that is commonly used in swimwear, sportswear, hosiery, gloves, etc. is also expected to impel the demand for Butanediol through the forecast years. Moreover, the changing consumer’s preferences to use ecofriendly products to reduce the carbon footprint due to the increasing environmental concern would also offer opportunities for manufacturers to expand their capacities for the production of biobased Butanediol which is anticipated to drive the market for Butanediol through the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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[elizasanchez]

Bioplastics Market to Enjoy Explosive Growth by 2027

The Global Bioplastics Market is estimated to grow at a significant growth rate in the coming years, bolstered by the increasing demand for the industry in the global market. The technological details of the Bioplastics market offer insightful data to the businesses and new players to help them achieve their business goals and reach the desired production capacity by capitalizing on the growth prospects of the market. The global Bioplastics market has been formulated to offer descriptive profiles of the leading companies, pricing analysis, gross revenue, sales network and distribution channel, and market position to offer readers a comprehensive overview of the Bioplastics industry. The report also covers the analysis of the growth prospects in the global Bioplastics market.

A few benefits of bioplastics comprise reduced carbon footprint, reduced consumption of non-renewable sources, savings in energy during production, decrease in non-biodegradable waste responsible for environmental pollution, and absence of any chemical that may pose a health hazard and hence are suitable for food packaging by keeping the flavor and smell intact.

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The report concludes with a panoramic view of the global Bioplastics industry, which comprises the salient global and regional market aspects, supported by key statistical data and industry-verified facts. It thoroughly examines the market size, share, and volume existing throughout the historical years (2017-2019) in order to forecast the same for the projected years (2020-2027). Furthermore, the report studies a wide array of growth prospects and threats and challenges that are poised to influence the performance of the key market players in the near future.

Market Segmentation by Key Player:

BASF SE, NatureWorks, Biome Plastics, Braskem, Biotec, Total Corbion, Plantic Technologies, Mitsubishi Chemical Holdings Corporation, Novamont SPA, and Toray Industries, among others.

The Bioplastics market report offers an extensive overview of the global Bioplastics market value chain, current market standing, as well as future estimation of the market value in terms of product type, application landscape, and geography. It further studies the competitive terrain of the Bioplastics industry, listing the key vendors, their product portfolios, company profiles, and potential growth prospects. The report further evaluates the ongoing market trends and a broad segmentation and sub-segmentation of the market on both regional and global scales.

Type Outlook (Revenue, USD Billion; 2017-2027)

Biodegradable

Polybutylene Adipate Terephthalate (PBAT)

Polybutylene Succinate (PBS)

Polylactic Acid (PLA)

Polyhydroxyalkanoate (PHA)

Starch Blends

Others

Non-Biodegradable

Polyethylene (PE)

Polyamide (PA)

Polyethylene Terephthalate (PET)

Polytrimethylene Terephthalate (PTT)

Polypropylene (PP)

Others

Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

Online

Offline

Application Outlook (Revenue, USD Billion; 2017-2027)

Packaging

Textile

Automotive & Transportation

Consumer Goods

Agriculture

Building & Construction

Others

Key geographical regions analyzed in the report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key points covered in the report:

The report provides the reader with a detailed study of the global Bioplastics market, including essential data beneficial for business.

The prominent factors driving and restraining market growth, latest product trends, and technological advancements have been extensively discussed by the authors of the report.

A broad market categorization, based on product type, application gamut, and end-user landscape, has been included in the report.

It further entails the latest product development, incorporation of new techniques, and profiles of major competitors in the market.

Highlights of the Table of Contents:

Report Overview  1.1 Research Scope 1.2 Key Bioplastics market segments 1.3 Major players 1.4 Market analysis by product type 1.5 Market analysis by application 1.6 Report timeline

Global Growth Trends 2.1 Global Bioplastics market size 2.2 Latest trends of the Bioplastics market by region 2.3 Key growth trends

Competitive Outlook 3.1 Global Bioplastics market key players 3.2 Global Bioplastics size by manufacturers 3.3 Products of major players 3.4 Entry barriers in the Bioplastics market 3.5 Mergers, acquisitions, joint ventures, and strategic alliances

Bioplastics Market by product type

4.1 Global Bioplastics Sales by Product

4.2 Global Bioplastics by Product Revenue

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[chitrakullkarni]

Succinic Acid Market Competitive Landscape, Strategic Initiatives and Forecast, 2022

The global Succinic Acid Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The global Succinic Acid Market size is expected to value at USD 237.8 million by 2022. The succinic acid industry is subject to witness a substantial growth due to the substantial demand from various application verticals such as 1,4 butanediol, pharmaceuticals, and polyurethanes. Rapid growth of building &construction sector and automotive industry, particularly in the Asia Pacific region is expected to foster market growth over the forecast period.

Key Players:

Anqing Hexing Chemical Co. Ltd.

BASF SE

Reverdia

BioAmber

Gadiv Petrochemical Industries Ltd.

Kawasaki Kasei Chemicals

Myriant Corporation

Showa Denko K.K.

Succinity GmbH

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Growth Drivers:

High-end demand for production of resin, coating, and polyurethanes is positively affecting market growth as well. Succinic acid is considered as primary building block for the production of polyurethanes, resins, polybutylene succinate (PBS) and plasticizers. Succinic acid acts as a precursor for chemicals such as 1,4 butanediol (BDO). Globally, the succinic acid market is predicted to grow at CAGR of 12% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

However, volatility in the cost of crude oil price and limited availability of raw materials are expected to hamper market growth to a certain extent over the coming years. Yet, massive increase in the demand for bio-succinic acid owing to eco-friendly nature and favorable government policies for the use of green products among chemical manufacturers are anticipated to drive market growth over the next seven years. Bio-derived succinic acid is predicted to replace conventional chemicals such as butane-based maleic anhydride during production of succinic anhydride, fumaric acid, diethylmaleate, glyoxylic acid, and other plastics.

Application Outlook:

1,4 BDO

Resins, Coatings, Dying, and Inks

Pharmaceuticals

Polyurethanes

Food

Plasticizers

Cosmetics

Solvent and Lubricants

De-icing Solutions

The resins & coatings is considered as one of the fastest growing segment in the succinic acid market with substantial revenue generation in the last few years.Growing popularity of succinic acid in the resins & coatings segment is attributed for the rise in demand from construction and the automotive industry. The pharmaceuticals segment has also witnessed substantial growth owing to the increasing medical tourism across the globe.

Regional Outlook:

North America

Europe

Asia Pacific

RoW

North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in pharmaceuticals and resins & coatings sector, increase in number of research & development activities in the region, and existence of well-established industrial infrastructure.

Asia-Pacific region is predicted to hold major market share in the succinic acid market displaying a massive growth in the forecast period. Countries such as India, China, South Korea and Japan are leading the Asia-Pacific market with strong economic growth in the region, rapid growth of automotive and construction sector, and significant investment by leading industry players considering potential growth opportunities in the region.

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[lookchem-cas]

Succinic Acid CAS 110-15-6 manufacturer spot Succinic acid, Succinic acid quality assurance price

Succinic Acid CAS 110-15-6 manufacturer spot Succinic acid, Succinic acid quality assurance price

Succinic acid is an important "C4 platform compound", which is widely used in food, medicine and agriculture, as a raw material for the synthesis of 1,4-butanediol, tetrahydrofuran, N-methylpyrrolidone and biodegradable biopolymers such as polybutylene glycol succinate. The biosynthesis of 1 molar butanedioic acid will be a promising application. The biosynthesis of 1 mole of succinic acid will fix 1 mole of carbon dioxide, so the production of succinic acid by fermentation with carbon dioxide as raw material can not only reduce the cost of raw materials, but also reduce greenhouse gas emissions.

Succinic acid is also known as succinic acid. The molecular formula HOOCCH2CH2COOH. Succinic acid is found in amber, but also in a wide variety of plants and human and animal succinic acid tissues, such as immature grapes, beets and rhubarb, human blood and muscle, bovine brain, spleen and thyroid gland. Succinic acid is an intermediate in the metabolism of carbohydrates in the body. Succinic acid is widely distributed in the animal and plant kingdoms and was first discovered in 1550 by Agricola during the distillation of amber, hence the name succinic acid. Succinic acid (SA) is an intermediate in the synthesis of many organic substances and an important raw material for the manufacture of drugs, and is widely used in food, medicine and chemical industry. It is widely used in food, medicine, chemical industry and other fields, and with the development of the times, there are new breakthroughs in the application of succinic acid and its extension products.

Succinic acid is colorless crystal; relative density 1.572(25/4℃), melting point 188℃, decompose at 235℃; can be sublimated by distillation under reduced pressure; soluble in water, slightly soluble in ethanol, ether and acetone. As ionic chelating agent, succinic acid is used in the electroplating industry to prevent dissolution and pitting of metals; Succinic acid is a good surfactant, a component of descaling agents, soaps and emulsion breakers; Succinic acid can produce depilatory agents, toothpaste, cleaning agents, efficient wrinkle beauty esters. Succinic acid is also used in lubricants, additives, and elastomers.

Basic information

Chinese name: succinic acid

English name: succinic acid

Chinese name 2: succinic acid

English name 2: amber acid

CAS No.: 110-15-6

Molecular formula: C4H6O4

Molecular weight: 118.09

Physical and chemical properties

Main components: Content: ≥99.0%; sulfate ≤0.02%; heavy metal ≤0.002%; iron ≤ 0.002%; ash ≤ 0.1%.

Appearance and properties: Colorless or white, odorless and acidic prismatic or flaky crystals.

Melting point(℃): 185

Boiling point(℃): 235(decomposition)

Relative density (water=1): 1.57(15℃)

Solubility: soluble in water, ethanol, ether, acetone.

Succinic acid is widely used in pharmaceutical, dye, paper, textile, spice, coating, food, plastic and other industries; currently, the sales volume of industrial grade succinic acid is over 15,000t, largely produced by petrochemical method from butane through cis-butenedianhydride. Only succinic acid for the food market is produced by the fermentation method.

Butanedioic acid produced from butanedioic acid alkyd resin has good flexibilization, elasticity and water resistance, which can be used in the pharmaceutical industry to produce sulfonamides, vitamin A, vitamin B and hemostatic drugs; diphenyl ester of butanedioic acid is an intermediate of dyestuff, and reacts with amino anthraquinone to produce anthraquinone dyestuff; in addition, butanedioic acid also has a wide range of uses in paper manufacturing, textile industry, and can also be used as lubricants, photographic chemicals and It is also used as a raw material for lubricants, photographic chemicals and surfactants. Succinic acid is also used as a food acidifier for flavoring wine, feed, and candy. With sales of more than $400 million per year, it is conceivable that the market for succinic acid is quite large, so the main markets for succinic acid are in the following areas.

► Food industry application areas

Directly applied in food.

1、Acid (chemical) agent ;

2、Buffering agent, neutralizing agent;

3、Japanese sake, fermented soybean paste, soy sauce, cool drinks, sugar products and other flavoring agents.

Synthesize a variety of food additives from other raw materials.

1, emulsifier, dough improver, nutritional supplements;

2、Preparation of berry flavors and as a solvent for fruit-based spices;

3, flavor improver, acidifier, mainly used in the preparation of soy sauce and used in sausage, ham, surimi products, etc;

4、Dried shellac.

► Chemical industry applications

1、Biodegradable plastic (PBS);

2、Dimethyl succinate;

3、Electroplating PH value adjusting agent;

4、Alkyd resin;

5、Dyestuff;

6、Varnish viscosity stabilizer;

7、Lubricants and surfactants for photographic chemicals;

8、Candles.

► Pharmaceutical industry applications

1、Diuretics, expectorants, vitamin A, vitamin B, sulfonamides, synthesis of hemostatic drugs;

2、Antidote, antitussive agent;

► Other application areas

1、An important organic reagent;

2、A widely used plant growth hormone.

Preparation method

Used in the preparation of pentacyclic compounds. The product is an organic chemical raw material with a wide range of applications. Dosing - electrochemical synthesis - decolorization - cooling crystallization - static system - centrifugal separation - drying - packaging

There are more industrial preparation methods, mainly as follows.

1. Oxidation method

Paraffin wax is deeply oxidized to produce a mixture of various carboxylic acids, and then separated by water distillation and crystallization to obtain succinic acid.

2. Hydrogenation method

Hydrogenation of maleic anhydride or transbutenedioic acid under the action of a catalyst produces succinic acid, which is then separated to obtain the finished product. The catalyst is nickel or precious metal, and the reaction temperature is about 130- 140℃.

3. Acrylic acid carbonyl synthesis method

Acrylic acid and carbon monoxide in the presence of a catalyst to produce butanedioic acid. Not yet industrialized.

4. Electrolytic oxidation method

Phthalic anhydride and sulfuric acid and water in the ratio of 1:0.5:4, electrolysis in a ceramic electrolyzer, can be obtained butanedioic acid. Electrolytic synthesis of raw materials for maleic acid or maleic anhydride, cathode and anode solution with dilute sulfuric acid, separated by a cationic membrane, cathode and anode are generally used lead plate, usually with a plate and frame electrolyzer synthesis.

5. Acetylene method

Acetylene reacts with carbon monoxide and water in the presence of [CO(CO)4] catalyst in acidic medium to obtain succinic acid, reaction temperature 80-250℃, pressure 2.94-49.03MPa.

6. Emerging fermentation method

Compared with traditional chemical methods, microbial fermentation method for succinic acid production has many advantages: competitive production cost; use of renewable agricultural resources, including carbon dioxide, as raw materials, avoiding the dependence on petrochemical raw materials; reduce the pollution of the environment by chemical synthesis process.

Precautions: Less toxic, irritating to eyes, skin and mucous membranes, not toxic to the whole body. This product is flammable and irritating. Less toxic, irritating to eyes, skin and mucous membranes, but not toxic to the whole body.

Environmental hazards: It is hazardous to the environment and can cause pollution to water bodies and the atmosphere.

Flammability hazard: The product is flammable and irritating.

Hazardous characteristics: Flammable when exposed to open flame and high heat. Powder and air can form an explosive mixture, when it reaches a certain concentration, it will explode in contact with a spark. Decomposition by high heat, emitting irritating fumes.

Pharmacological effects

1. Antibacterial effect of succinic acid at a concentration of 2mg/ml has an inhibitory effect on Staphylococcus aureus, Staphylococcus catarrhalis and Bacillus typhi, Pseudomonas aeruginosa, S. dysenteriae.

2. Central inhibitory effect rats, mice, guinea pigs, rabbits, cats and dogs intraperitoneal injection of succinic acid can protect animals against hyperbaric, electroconvulsive and auditory convulsions. The anticonvulsant effect is associated with increased GABA content in the brain. Hot plate method has analgesic effect and synergistic effect with pentobarbital, as well as sedative and hypothermic effect.

3. Anti-ulcer effect on gastric ulcer produced by pyloric ligation in rats, 50mg/kg injected intraperitoneally or orally, anti-ulcer effect due to inhibition of gastric juice secretion and dilatation of gastric muscle.

4. Effects on immune function: Succinic acid was dissolved in saline and pH adjusted to 6.4 by adding NaHCO3 at a concentration of 11.8%. 1mM (118mg)/kg, 2.5mM (295mg)/kg and 5mM (590mg)/kg were injected intraperitoneally into rats and rabbits daily for 7d, once daily. 0.025), but the increase in phagocytosis was not significant. In rabbits, the leukocyte count increased significantly at higher doses, and the phagocytosis rate also increased (P<0.01). In the specific skin reaction test, intraperitoneal injection of succinic acid 5mg/kg for 4 times in 48h or once daily for two weeks, succinic acid inhibited passive and active skin allergic reactions in rabbits and reduced the formation of serum 1gE antibody in animals.

5.Antitoxic effect Succinic acid has obvious protective effect on mice in poisonous cobra, and the rate of protection is similar to the original formula.

Source of ingredients

Succinic acid natural source is the resin of the pine plant buried in the ground for a long time to become amber, etc., in addition to a wide range of plants, animal tissue. Succinic acid is the resin of pine plant, buried in the ground for a long time to make amber, amber contains 7.8% of this product. Angelica sinensis (Oliv.) Diels root of Umbelliferae, Pothos chinensis (Raf.) Merr. of Tennantaceae, Lesspedeza caneata G. Don of Leguminosae, Lo-belia chinen-sis of Erythrinaceae Lour. whole herb, Orchidaceae Sarcardra glabra (Thumb.) Nakai whole herb, Sandalwood spice plant Thesium chinense Turcz. whole herb. Leguminosae Cloverleaf; Umbelliferae Angelicae Root; Tennantaceae Vine Orange; Erythrinaceae Hemipterocarpus; Orchidaceae; Sandalwood and Strawberry. Grapes, etc.

Product Center

Succinic acid (succinic acid) series

Succinic acid, disodium succinate(hexahydrate), disodium succinate(anhydrous), dipotassium succinate, calcium succinate, ammonium succinate, dimethyl succinate, diethyl succinate, diisopropyl succinate;

Phthalocyanine pigment series

Phthalocyanine blue BGS 15:3, Phthalocyanine blue BGS 15:4, Phthalocyanine blue B 15, Phthalocyanine green G 7, Copper phthalocyanine intermediate ≥95%

Product advantages

As the industry benchmark of supply chain service in the field of chemical products, we have senior industry experience and provide market advantageous price, and have won excellent reputation among many customers.

Industry field Strong strength

As the industry standard of supply chain service in the field of chemical products, we have perfected a set of accurate operation system and established long-term stable and reliable cooperation relationship with many famous chemical companies and large refineries.

Full range of products and sufficient inventory

The company currently operates more than a thousand kinds of chemical products, with factories, barrels, bagged warehouses, liquid storage tanks around the world; large storage capacity, stable supply

Professional team Service on paper

We have rich international trade experience and professional talents in the chemical field, professional customer service team "one-to-one" refinement service, to provide accurate quotation and consulting services, for your procurement comprehensive gate-keeping.

High quality products High quality price

Focus on the process of product quality control, adhere to only "genuine"; senior industry experience, to provide market advantageous prices, and won a good reputation among many customers.

About US

Anhui San-Xin Chemical Co., Ltd. is a manufacturer and operator of fine chemicals, including succinic acid, succinic anhydride and their derivatives. Our products include: succinic acid, succinic anhydride, sodium succinate, potassium succinate, butanediimide, dimethyl succinate, diethyl succinate, dibutyl succinate, etc. Our products are sold nationwide and overseas. Its products are sold nationwide and overseas and are widely used in pharmaceuticals, pesticides, dyestuffs, synthetic spices, synthetic resins, plastic additives, food additives, chemical analysis, electroplating and other fields.

The products are widely used and more than 90% of them are exported to more than 20 countries and regions such as USA, UK, Japan, France, Germany, Australia, Middle East, Hong Kong, Taiwan, Macau, etc. The sales network of the products spreads all over China and we have established long-term business relationships with some large and medium-sized enterprises. In 1997, it was recognized as a provincial high-tech product.

Our main products include food preservatives, food flavors and fragrances, food sweeteners, food emulsifiers, food bulking agents, food thickeners, antioxidants, nutritional fortificants, amino acids, vitamins, health care raw materials, pharmaceutical excipients and other products. The company has strict quality control procedures, scientific business management and efficient logistics operation system, which provide a solid guarantee for the customers to get stable, safe and high quality food additives. We strictly implement the requirements of ISO9001:2008 quality management system standard, and on the basis of this, our succinic acid series products have passed STAR-K certification, FDA certification, etc. Our main production and operation products are: succinic acid series products; we also deal with phthalocyanine organic pigment series, iron oxide series, refined anhydrous calcium chloride and other products.

The essence of Qino's corporate culture is "scientific and open, innovative and enterprising, behave honestly and do real work", which is interpreted with different cultural connotation at different times, and will inspire our Qino staff to strive for the pursuit. In today's increasingly competitive market, we will take strict product quality, reasonable transaction price, after-sales service and honest business reputation as the basis, in accordance with the company values of "the best and the most beautiful, mutual benefit and win-win", with a well-qualified, technical, young and competent staff team, in line with " Customer first, service" business philosophy, and the majority of business partners sincere cooperation, common development, and create a better future. For a long time, San-Xin people pursue the corporate philosophy of honesty and trustworthiness, customer first, and the enterprise spirit of dedication, collaboration, pragmatism and innovation, so that you can feel the sincere and satisfactory San-Xin service. Looking ahead, there is a long way to go, we will, as always, strengthen the friendship and cooperation with friends from all walks of life at home and abroad to promote the development of our common cause!

The future, butanedioic acid market development prospects

Succinic acid has a wide range of promising applications in food, pharmaceuticals, surfactants, green solvents, biodegradable plastics and other fields, and the chemical products market for its derivatives has a large potential. The most promising market at present is as the main raw material for the biodegradable plastic polybutylene glycol succinate. At present, the technology of synthesizing PBS biodegradable plastic from succinic acid has been successfully developed and put into mass production in BASF, Mitsubishi, Tsinghua University and Institute of Physical and Chemical Sciences, Chinese Academy of Sciences, etc. Compared with other biodegradable plastics, PBS not only has excellent mechanical properties, but also has reasonable price and high market demand.

In the future, the annual demand of PBS in China will reach more than 3 million tons, based on the production of 1 ton of PBS consuming 0.62 tons of succinic acid, the consumption of 1.8 million tons of succinic acid, and the current annual production capacity of succinic acid in China is far from being able to meet the needs of the market, the market growth of succinic acid is huge. At present, a number of domestic enterprises are actively preparing to start PBS projects, has successfully produced PBS enterprises Anqing and Xing 2009 production capacity of 10,000 tons, ready to follow up on the annual production capacity of 100,000 tons, Xinfu Pharmaceuticals annual production capacity of 3,000 tons, etc.. And with the successful development of PES plastic (organic polymer material obtained by condensation of succinic acid and ethylene glycol) and PHS plastic (organic polymer material obtained by condensation of succinic acid and adipic acid), two new degradable plastics, the demand for succinic acid will increase greatly. However, the traditional method of producing succinic acid which has been using non-renewable strategic resource petroleum products as raw materials has led to high prices and pollution, inhibiting the development potential of succinic acid as an excellent chemical platform product. The foreign production of succinic acid through biofermentation method uses cheap raw materials, and after reasonable process optimization, produces succinic acid products with more tremendous advantages and development potential, and with China's green industry attention, especially under the growing demand for global sustainable solutions, the competitiveness of biodegradable bio-based polybutylene succinate is enhanced, which will make the bio-based butanedioic acid market become bigger and this method will have a huge development potential.

#Succinic Acid

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Succinic Acid Market To Demonstrate Massive Growth With A CAGR of 12% By 2022

The global Succinic Acid Market size is expected to value at USD 237.8 million by 2022. The succinic acid industry is subject to witness a substantial growth due to the substantial demand from various application verticals such as 1,4 butanediol, pharmaceuticals, and polyurethanes. Rapid growth of building &construction sector and automotive industry, particularly in the Asia Pacific region is expected to foster market growth over the forecast period.

High-end demand for production of resin, coating, and polyurethanes is positively affecting market growth as well. Succinic acid is considered as primary building block for the production of polyurethanes, resins, polybutylene succinate (PBS) and plasticizers. Succinic acid acts as a precursor for chemicals such as 1,4 butanediol (BDO). Globally, the succinic acid market is predicted to grow at CAGR of 12% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

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However, volatility in the cost of crude oil price and limited availability of raw materials are expected to hamper market growth to a certain extent over the coming years. Yet, massive increase in the demand for bio-succinic acid owing to eco-friendly nature and favorable government policies for the use of green products among chemical manufacturers are anticipated to drive market growth over the next seven years. Bio-derived succinic acid is predicted to replace conventional chemicals such as butane-based maleic anhydride during production of succinic anhydride, fumaric acid, diethylmaleate, glyoxylic acid, and other plastics.

The succinic acid industry is broadly categorized into nine major segments based on the application type such as1,4 BDO, resins & coatings segment, dying and inks segments, pharmaceuticals, polyurethanes, food& beverages segment, plasticizers, cosmetics, solvent and lubricants, de-icing solutions. The resins & coatings is considered as one of the fastest growing segment in the succinic acid market with substantial revenue generation in the last few years.

Growing popularity of succinic acid in the resins & coatings segment is attributed for the rise in demand from construction and the automotive industry. The pharmaceuticals segment has also witnessed substantial growth owing to the increasing medical tourism across the globe.

The succinic acid industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in pharmaceuticals and resins & coatings sector, increase in number of research & development activities in the region, and existence of well-established industrial infrastructure.

Asia-Pacific region is predicted to hold major market share in the succinic acid market displaying a massive growth in the forecast period. Countries such as India, China, South Korea and Japan are leading the Asia-Pacific market with strong economic growth in the region, rapid growth of automotive and construction sector, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the succinic acid industry are BioAmber, Inc., Anqing Hexing Chemical Co., Ltd., Reverdia, Inc., Gadiv Petrochemical Industries Ltd., Kawasaki Kasei Chemicals, Inc., Myriant Co., Showa Denko K.K., Succinity GmbH, and Nippon Shokubai Co., Ltd.

Market Segment:

Succinic Acid Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)     • 1,4 BDO     • Resins, Coatings, Dying, and Inks     • Pharmaceuticals     • Polyurethanes     • Food     • Plasticizers     • Cosmetics     • Solvent and Lubricants     • De-icing Solutions     • Others

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Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email:[email protected]

#succinic acid market

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Biodegradable Bags Market Growth Sales Revenue Analysis

Biodegradable Bags Market - Overview

A biodegradable plastic bag is a bag made of plant-based material that gets degraded naturally into the base compounds within a few weeks. Biodegradable bags are being widely used in the packaging industry for various purposes around the world. Biodegradable bags are made of different types of polymers (such as PE-polyethylene, PE-polystyrene and PP-polypropylene associated with extra ingredients which are examined to degrade in the open environment. These biodegradable bags are used in different industries (like the food and beverage sector, pharmaceuticals, and agriculture, horticulture etc.). Various governments’ initiative steps on diminishing the overall percentile of pollutant waste product and replacing plastic with other biodegradable bags are driving the growth of biodegradable bags market and the increased amount of eco-friendly products are widening the area of bio-bags and it is anticipated that the biodegradable bags market will witness a rapid growth rate over the forecast period.

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Biodegradable Bags Market - Dynamics

Drivers:

A considerable issue of the non-recyclable waste has resulted in a disaster in the environment. This has helped in propelling the demand for global biodegradable plastics bags and other products. Biodegradable bags express some characteristics like lightweight and easy disposability. The biodegradable bags are returnable, reusable and eco-friendly. Furthermore, the biodegradable bags consume less energy during the manufacturing process and reduces the waste amount production rate by breaking down the chemical formula only in 4-6 weeks. These are some of the major factors which are driving the growth of biodegradable bags market.

Restraints:

The processing of biodegradable bags involves complex engineering system and costly equipment is needed for processing and recycling process. Moreover, there is always a risk of contamination due to differentiating confusion between the biodegradable and non-biodegradable material which might hinder the growth of biodegradable bags market.

Opportunities:

Consumer’s Shifting Preference to Bio-Based Products

Industry-trends are being shifted to eco-friendly bio-based products to lessen the dependency on traditional plastics. Additionally, the manufacturers and end-users from various industries (packaging, textile, food & beverage, agriculture, horticulture are focusing on producing and consuming bio-based plastic due to strict regulations against plastic use.

Growth in Environmental-Concern among Consumers

The rising concern about the environment among people is forcing the consumers to shift their preferences towards biodegradable bags. The demand for these bags has now reached all the industries worldwide. All the manufacturers are fulfilling the demand of pharmaceutical and food & beverage industries. Thus, the expansion of the food and beverages industry will promote the growth of the biodegradable bag‘s market in near future and new biodegradable bags made of the tropical fruits' skin available at a low price are expected to create opportunities for the market.

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Biodegradable Bags Market - Covid-19 Impact

The sudden outbreak of novel Coronavirus has affected almost all the industries. Like every other industry, biodegradable bags market has been affected too. The governments’ rules and regulations for maintaining distance at the workplace, declining trading activity have declined the growth of biodegradable bags market. However, it is anticipated that the declining growth rate will convert into inclining growth rate over time.

Biodegradable Bags Market - Segmentation

The global biodegradable bags market is segmented by material type and end use.

By material type, the global biodegradable bags market is segmented as follows:

Poly Lactic Acid (PLA)

Starch Based

Polyhydroxyalkanoates (PHA)

Polybutylene succinate (PBS)

Cellulose Based

Others Materials

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These materials are used to make fishing nets to catch fish and reduce the possibility of ghost fishing. Data Bridge Market Research analyses that the marine degradable polymers for fisheries products market is expected to reach the value of USD 58,982.37 thousand by the year 2029, at a CAGR of 5.7% during the forecast period. " Polybutylene Succinate (PBS)" accounts for the most prominent material segment in the respective market owing to the rise in marine degradable polymers for fisheries products. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

#Size Report Statistics Trends Scope & Forecast Overview Industry Analysis

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Global Bio-based Succinic Acid Market Study Report 2014-2030

Analysis of the BIO-BASED SUCCINIC ACID MARKET

A comprehensive market study on the BIO-BASED SUCCINIC ACID MARKET Market provides an overview of the demand-supply and consumption patterns of Bio-based Succinic Acid Market across six different regions. This market study describes the Bio-based Succinic Acid Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Bio-based Succinic Acid Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.

Distinct market estimations and forecasts are presented in this comprehensive Bio-based Succinic Acid Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Bio-based Succinic Acid Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.

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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Bio-based Succinic Acid Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.

Global  Bio Based Succinic Demand Analysis By Application, By End Use Industry(Volume, Value) (2014–2030)

Strategic Issues

Demand Analysis and Forecast (2014 – 2030)

Demand

Demand Growth Rate (%)

Driving Force Analysis

Global Bio Based Succinic Market, By Application

Butanediol (BDO)

Polyester Polyols

Plasticizers

Polybutylene Succinate (PBS)

Alkyd Resins

Others

Global Bio Based Succinic Market, By End Use Industry

Pharmaceutical

Food

Polymers

Paints & Coatings

Cosmetics

Solvents & Lubricants

De-icing solutions

Others

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Chemical Sciences, Engineering, Oil & Gas, Finance, Economics and Business backgrounds

Real-world industry, consulting, and market research experience

Average work experience of 10+ years

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About Prismane Consulting

Prismane Consulting is a unique global boutique consulting firm with an Indian origin. We present ourselves to the world outside providing management, economic and technical expertise to improve customer engagement, boost operational efficiency, reduce costs, and achieve superior business results. Prismane Consulting serves leading businesses in the field of Chemicals, Petrochemicals, Polymers, Materials, Environment and Energy. We have been advising clients on their key strategic issues solving their toughest and most critical business problems. To know more write to us on [email protected]

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