As per the report by Allied Market Research, Based on region, Asia-Pacific held the highest market share in terms of revenue 2020, accounting for nearly two-fifths of the global bio succinic acid market. Moreover, the same region is expected to witness the fastest CAGR of 6.8% during the forecast period, owing to its eco-friendly nature …
Tag Archives: Bio Succinic Acid Market
Bio Succinic Acid Market to gain immense traction in the industrial application segment
The industrial application segment dominates the global bio succinic acid market. This segment held more than 40% of total market revenue in 2021, owing to the growing demand for the products in the process of production of polyurethane, tetrahydrofuran, and Polybutylene and many other products. Bio succinic acid is widely used in various industrial applications …