Ten Reasons Why You Should Invest In Bio-succinic Acid Market.
Bio-succinic
acid is derived from natural resources and is a crucial bio-based chemical for
a variety of industrial applications, such as the manufacture of 1,4-butanediol
(BDO), polyester polyols, plasticizers, and alkyd resins. It is produced by the
fermentation of sugars from different types of biomass such as starch or sugar
crops and lignocellulosic materials. As per the latest market research report published by
Technavio, the global bio-succinic
acid market will witness a demand of 1,380.49 thousand tonnes during
2019-2023. Get the free sample report below for the detailed information.
Bio-succinic acid is extensively used in the
preparation of solvent-based liquid polyester resins, as it increases the
bio-based content of resins, such as polyester, alkyd, and urethane. The
volatile content of resins can be reduced by using bio-succinic acid-based
solvents.
Bio-succinic acid is used in the synthesis of
ultraviolet (UV)-curable acrylates with commercially available bio-based
monomers and oil-based acrylic acid. Bio-succinic acid-based coatings are
generally used to prevent metal from oxidation (corrosion). It is commonly used
to enhance the performance and functionality of powder coating resins. Hence,
increasing use of bio-succinic acid in solvent-based liquid polyester resins is
expected to drive the growth of the global bio-succinic acid market at a CAGR
of 35.07% during the forecast period. To know the complete and in-depth analysis and
forecast of this market get the complete report by clicking the link below.
Get the Complete Report @ http://bit.ly/352Zbwt
Comments
Post a Comment