How big is the Bio Succinic Acid Market | Size, Share & Growth Analysis 2025

Code: MTA4783 Publication Date: Jul 2025

What is the size of the Bio Succinic Acid Market?

According to 6Wresearch internal database and industry insights, the bio succinic acid market was exhibited at USD 191 million in 2024 and is projected to reach USD 421 million by 2031, growing at an exceptional CAGR of 12.2% during the forecast period 2025–2031.

Due to increasing demand for renewable chemicals, growing bioplastics adoption, and the replacement of petroleum-based succinic acid in multiple industrial applications, the market is expected for the robust growth in coming years.

Key Growth Factors of the Bio Succinic Acid Market

  • Increasing use in bioplastics, coatings, adhesives, and solvents
  • Technological advancements in fermentation and microbial production
  • Rising demand for bio-based chemicals in pharmaceuticals, food additives, and polymers
  • Regulatory support for greener alternatives and carbon footprint reduction
  • Growing demand for biodegradable packaging and sustainable intermediates

Bio Succinic Acid Market Trends

Bio succinic acid market is moving forward with the several trends such as growing use of bio succinic acid as a platform chemical in the production of bio-based PBS, resins, and solvents. Notable trend is the integration of fermentation-derived succinic acid into C4 chemical value chains. The focus is rising on non-food feedstocks such as agricultural residues and glycerol, making production more cost-effective and sustainable. Sectors like automotive, construction, and personal care, where demand is high.

Emerging Developments in the Bio Succinic Acid Market

Innovations are bringing developments in the market such as the introduction of genetically engineered microbes and closed-loop fermentation systems that enhance yields and reduces environmental impact. In terms of consumption and regulatory advancement, Europe is leading the market while Asia-Pacific is emerging economy. Emerging applications in pharmaceutical excipients and biodegradable polymers are opening new growth avenues.

Major Companies in the Bio Succinic Acid Market

  • BioAmber Inc.
  • Succinity GmbH 
  • Myriant Corporation
  • Reverdia 
  • LCY Biosciences
  • GC Innovation America
  • Mitsubishi Chemical Corporation
  • BASF SE
  • Roquette Frères
How big is the Bio Succinic Acid Market : FAQ's
The bio succinic acid market demonstrated at USD 191 million in 2024 and is projected to reach USD 421 million by 2031.
Germany, France, and the United States are leading the market with regulatory support and industrial-scale production infrastructure.
Bioplastics integration, use of waste feedstocks, and bio-based resins for automotive and coatings sectors are key trends.
Rising demand for green chemicals, sustainability regulations, and bio-based innovation in packaging and industrial materials are main drivers.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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