Market Overview:
The global diethyl succinate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plasticizers, special lubricants, solvents, food flavoring agents, and organic synthesis intermediates. Diethyl succinate is also used as an intermediate in various chemical reactions owing to its high reactivity. Additionally, stringent environmental regulations are driving the demand for bio-based diethyl succinates over petrochemical-based diethyl succinates.
Product Definition:
Diethyl succinate is a colorless liquid. It is used as a solvent and an intermediate in the production of other chemicals.
PurityGreater than or equal to99.5%:
Diethyl succinate is a colorless liquid that is soluble in water and diethyl ether. It has an odor similar to that of butyric acid. Its chemical formula is (C4H6O2)2S and it usually exists in the form of a solution or solid.
PurityGreater than or equal to99%:
Diethyl Succinate is a colorless liquid that is used as an additive in the food industry. It has a characteristic odor and taste. It's manufactured by chemical synthesis of succinic acid with ethylene oxide, which gives it's characteristic sweet smell and taste. Diethyl succinate can be formulated in different ways such as fumigants, flavorants, preservatives or additives for direct use in food products like fruit juices or confectioneries among others.
Application Insights:
Diethyl succinate is used as a plasticizer for PVC, polyvinyl chloride and polystyrene. It is also used in manufacturing paints and coatings due to its ability to form softening point depression solutions. The chemical acts as an organic solvent, which can be utilized in various cleaning formulations such as household cleaners and industrial solvents. It has the capability of dissolving many compounds including butadiene rubber, oils, resins & lacquers, dyes & pigments and other related materials.
The Diethylene Glycol Succinate (DEGS) market by application segment was dominated by the plasticizer application with over 35% share of the global volume in 2017.
Regional Analysis:
Asia Pacific was the largest market for diethyl succinate in 2016 and will continue to be so over the forecast period. The region accounts for a major share of global population, which makes it a potential target audience for consumer goods. Rapid industrialization coupled with government support is expected to drive demand from various end-use industries such as plasticizers, lubricants, solvents and food flavoring agents.
The growth of plastics in automotive & transportation sector along with growing production facilities in China & India is anticipated to positively impact product demand over the forecast period. In addition, increasing use of polymers in packaging due to rising disposable income is likely to have a positive impact on industry growth during the same period.
Europe accounted for more than 25% market share owing its extensive usage as plasticizer and solvent across numerous end-use industries such as paints & coatings, rubber manufacturing etc.
Growth Factors:
- Increasing demand for diethyl succinate in various end-use industries such as pharmaceuticals, agrochemicals, and flavors & fragrances.
- Rising awareness about the benefits of diethyl succinate among consumers.
- Growing investments by key players in research and development to develop new applications for diethyl succinate.
- Technological advancements that have led to the development of more efficient and cost-effective production processes for diethyl succinate.
Scope Of The Report
Report Attributes
Report Details
Report Title
Diethyl Succinate Market Research Report
By Type
PurityGreater than or equal to99.5%, PurityGreater than or equal to99%, PurityGreater than or equal to98%
By Application
Plasticizer, Special Lubricant, Solvent, Food Flavoring Agent, Organic Synthesis Intermediate, Other
By Companies
BOC Sciences, Weifang DEMETER Chemical, Baoji Jinbaoyu Technology, Weifang Limin Chemical, Anhui Sunsing Chemicals, Weifang Bincheng Chemical, Hangzhou Dianjiang Chemical, Changzhou Lvzhou Chemical Research Institute, Changzhou Xiaqing Technological
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Diethyl Succinate Market Report Segments:
The global Diethyl Succinate market is segmented on the basis of:
Types
PurityGreater than or equal to99.5%, PurityGreater than or equal to99%, PurityGreater than or equal to98%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Plasticizer, Special Lubricant, Solvent, Food Flavoring Agent, Organic Synthesis Intermediate, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BOC Sciences
- Weifang DEMETER Chemical
- Baoji Jinbaoyu Technology
- Weifang Limin Chemical
- Anhui Sunsing Chemicals
- Weifang Bincheng Chemical
- Hangzhou Dianjiang Chemical
- Changzhou Lvzhou Chemical Research Institute
- Changzhou Xiaqing Technological
Highlights of The Diethyl Succinate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PurityGreater than or equal to99.5%
- PurityGreater than or equal to99%
- PurityGreater than or equal to98%
- By Application:
- Plasticizer
- Special Lubricant
- Solvent
- Food Flavoring Agent
- Organic Synthesis Intermediate
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Diethyl Succinate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Diethyl succinate is a molecule that is used in the body to produce energy. It is also used as a building block for other molecules.
Some of the major players in the diethyl succinate market are BOC Sciences, Weifang DEMETER Chemical, Baoji Jinbaoyu Technology, Weifang Limin Chemical, Anhui Sunsing Chemicals, Weifang Bincheng Chemical, Hangzhou Dianjiang Chemical, Changzhou Lvzhou Chemical Research Institute, Changzhou Xiaqing Technological.
The diethyl succinate market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diethyl Succinate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diethyl Succinate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diethyl Succinate Market - Supply Chain
4.5. Global Diethyl Succinate Market Forecast
4.5.1. Diethyl Succinate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diethyl Succinate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diethyl Succinate Market Absolute $ Opportunity
5. Global Diethyl Succinate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Diethyl Succinate Market Size and Volume Forecast by Type
5.3.1. PurityGreater than or equal to99.5%
5.3.2. PurityGreater than or equal to99%
5.3.3. PurityGreater than or equal to98%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diethyl Succinate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Diethyl Succinate Market Size and Volume Forecast by Application
6.3.1. Plasticizer
6.3.2. Special Lubricant
6.3.3. Solvent
6.3.4. Food Flavoring Agent
6.3.5. Organic Synthesis Intermediate
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diethyl Succinate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Diethyl Succinate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Diethyl Succinate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Diethyl Succinate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Diethyl Succinate Demand Share Forecast, 2019-2026
9. North America Diethyl Succinate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Diethyl Succinate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Diethyl Succinate Market Size and Volume Forecast by Application
9.4.1. Plasticizer
9.4.2. Special Lubricant
9.4.3. Solvent
9.4.4. Food Flavoring Agent
9.4.5. Organic Synthesis Intermediate
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diethyl Succinate Market Size and Volume Forecast by Type
9.7.1. PurityGreater than or equal to99.5%
9.7.2. PurityGreater than or equal to99%
9.7.3. PurityGreater than or equal to98%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Diethyl Succinate Demand Share Forecast, 2019-2026
10. Latin America Diethyl Succinate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Diethyl Succinate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Diethyl Succinate Market Size and Volume Forecast by Application
10.4.1. Plasticizer
10.4.2. Special Lubricant
10.4.3. Solvent
10.4.4. Food Flavoring Agent
10.4.5. Organic Synthesis Intermediate
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diethyl Succinate Market Size and Volume Forecast by Type
10.7.1. PurityGreater than or equal to99.5%
10.7.2. PurityGreater than or equal to99%
10.7.3. PurityGreater than or equal to98%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Diethyl Succinate Demand Share Forecast, 2019-2026
11. Europe Diethyl Succinate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Diethyl Succinate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Diethyl Succinate Market Size and Volume Forecast by Application
11.4.1. Plasticizer
11.4.2. Special Lubricant
11.4.3. Solvent
11.4.4. Food Flavoring Agent
11.4.5. Organic Synthesis Intermediate
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diethyl Succinate Market Size and Volume Forecast by Type
11.7.1. PurityGreater than or equal to99.5%
11.7.2. PurityGreater than or equal to99%
11.7.3. PurityGreater than or equal to98%
1.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Diethyl Succinate Demand Share, 2019-2026
12. Asia Pacific Diethyl Succinate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Diethyl Succinate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Diethyl Succinate Market Size and Volume Forecast by Application
12.4.1. Plasticizer
12.4.2. Special Lubricant
12.4.3. Solvent
12.4.4. Food Flavoring Agent
12.4.5. Organic Synthesis Intermediate
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diethyl Succinate Market Size and Volume Forecast by Type
12.7.1. PurityGreater than or equal to99.5%
12.7.2. PurityGreater than or equal to99%
12.7.3. PurityGreater than or equal to98%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Diethyl Succinate Demand Share, 2019-2026
13. Middle East & Africa Diethyl Succinate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Diethyl Succinate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Diethyl Succinate Market Size and Volume Forecast by Application
13.4.1. Plasticizer
13.4.2. Special Lubricant
13.4.3. Solvent
13.4.4. Food Flavoring Agent
13.4.5. Organic Synthesis Intermediate
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diethyl Succinate Market Size and Volume Forecast by Type
13.7.1. PurityGreater than or equal to99.5%
13.7.2. PurityGreater than or equal to99%
13.7.3. PurityGreater than or equal to98%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Diethyl Succinate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diethyl Succinate Market: Market Share Analysis
14.2. Diethyl Succinate Distributors and Customers
14.3. Diethyl Succinate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BOC Sciences
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Weifang DEMETER Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Baoji Jinbaoyu Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Weifang Limin Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Anhui Sunsing Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Weifang Bincheng Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hangzhou Dianjiang Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Changzhou Lvzhou Chemical Research Institute
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Changzhou Xiaqing Technological
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
