The Southeast Asia Dimethyl Succinate market size was valued at US$ 28.4 million in 2024 and is projected to reach US$ 39.7 million by 2030, at a CAGR of 5.7% during the forecast period 2024-2030.
Dimethyl succinate is an organic ester used as a solvent, plasticizer, and intermediate in the production of polymers, pharmaceuticals, and agrochemicals, valued for its low toxicity and biodegradability.
The Southeast Asia Dimethyl Succinate market is growing steadily, driven by increasing demand in the polymer and pharmaceutical industries. In 2023, total consumption reached 7,800 metric tons, with Singapore, Malaysia, and Thailand accounting for 75% of regional demand. The polymer industry remains the largest consumer at 45%, followed by pharmaceuticals at 35%. The market saw a 15% increase in demand for dimethyl succinate in biodegradable polyester production in 2023, reflecting the shift towards sustainable materials. Use in pharmaceutical synthesis is growing at 7% annually, driven by the expanding healthcare sector in the region. The trend towards green chemistry led to a 20% rise in adoption of dimethyl succinate as an eco-friendly solvent in various industrial processes in 2023. High-purity grades for electronic applications saw a 12% surge in demand, particularly in the production of advanced coating materials. The market is witnessing increased focus on circular economy principles, with a 25% growth in research initiatives for the production of dimethyl succinate from renewable feedstocks.
Report Includes
This report is an essential reference for who looks for detailed information on Southeast Asia Dimethyl Succinate. The report covers data on Southeast Asia markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Southeast Asia major vendors¡¯ information. In addition to the data part, the report also provides overview of Dimethyl Succinate, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Southeast Asia Dimethyl Succinate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Dimethyl Succinate. This report contains market size and forecasts of Dimethyl Succinate in Southeast Asia, including the following market information:
We surveyed the Dimethyl Succinate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
by Country
• Thailand
• Indonesia
• Vietnam
• Malaysia
• Philippines
• Singapore
• Myanmar
by Products type:
• Purity?99.5%
• Purity?99%
by Application:
• Synthetic Light Stabilizer
• High-grade Paint
• Bactericide
• Pharmaceutical Intermediate
• Food Additive
• Other
key players include: (At least 8-10 companies included)
• Mitsubishi Chemical Corporation
• PTT Global Chemical Public Company Limited
• Solvay S.A.
• BASF SE
• Eastman Chemical Company
• Lotte Chemical Titan Holding Sdn Bhd
• Siam Cement Group
• Indorama Ventures Public Co., Ltd.
• Toray Industries Inc.
• LG Chem, Ltd.
Including or excluding key companies relevant to your analysis.
Competitor Analysis
The report also provides analysis of leading market participants including:
• Key companies Dimethyl Succinate revenues in Southeast Asia market, 2019-2024 (Estimated), ($ millions)
• Key companies Dimethyl Succinate revenues share in Southeast Asia market, 2023 (%)
• Key companies Dimethyl Succinate sales in Southeast Asia market, 2019-2024 (Estimated),
• Key companies Dimethyl Succinate sales share in Southeast Asia market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Southeast Asia and country-wise market of Dimethyl Succinate
• It describes present situation, historical background and future forecast
• Comprehensive data showing Dimethyl Succinate capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Dimethyl Succinate manufacturers
• Dimethyl Succinate forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
Table of content
1 Market Overview
1.1 Product Overview and Scope of Dimethyl Succinate
1.2 Segment by Type
1.2.1 Southeast Asia Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Purity?99.5%
1.2.3 Purity?99%
1.3 Segment by Application
1.3.1 Southeast Asia Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Synthetic Light Stabilizer
1.3.3 High-grade Paint
1.3.4 Bactericide
1.3.5 Pharmaceutical Intermediate
1.3.6 Food Additive
1.3.7 Other
1.4 Southeast Asia Market Growth Prospects
1.4.1 Southeast Asia Revenue Estimates and Forecasts (2019-2030)
1.4.2 Southeast Asia Production Estimates and Forecasts (2019-2030)
2 Southeast Asia Growth Trends
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis &nbs
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