Succinic acid (butanedioic acid) (C4H6O4), also called Spirit of Amber, is a four-carbon dicarboxylic acid which is naturally present in the environment and is made from liquefied petroleum gas. It appears to be in the form of white crystals or shiny white crystalline powder and is odorless and has a highly acidic taste. It is naturally occurring in fungi and lichens and is a component of the cycle of citric acid.
Request for Real-Time Succinic acid Prices: https://procurementresource.com/resource-center/butanedioic-acid-price-trends/pricerequest
This is a common organic acid which is made by the anaerobic digestion of a majority of living cells. It is soluble in water and has a melting point is 185–187° C (365–369° F). Its Net Charge of 0.
Key Details About the Succinic acid Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Succinic acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Succinic acid Price chart, including India Succinic acid price, USA Succinic acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Succinic acid Price Trend:
Succinic acid has wide usage in many food, chemical and pharmaceutical industries, where it is used as a precursor to generate various products like plasticisers, perfumes, lacquers, dyes, solvents, and photographic chemicals. It also finds application as an antibiotic, additive, surfactant, curative agent, and ion chelator etc. In the food industry, it serves as a buffer, sequestrant and neutralising agent. Also, it plays the role of a micronutrient, a nutraceutical, a radiation protective agent, an essential metabolite and an anti-ulcer drug which furthers the market expansion.
Key Players:
- BASF SE
- Myriant Corporation
- BioAmber
- Parchem
- Dow Chemicals
- Ernesto Ventos S.A.
- The Chemical Company
- Kawasaki Kasei Chemicals Ltd.
- Mitsubishi Chemical Corporation
News & Recent Development
- 13th June 2023- There was a rise in prices for Succinic Acid, which landed at JPY 50/kg (USD 0.5/kg) for Succinic Acid and JPY 25/kg (USD 0.25/kg) for Disodium Succinate “SS50”.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Jorge Garcia
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
