The Southeast Asia Diethyl Succinate market size was valued at US$ 31.8 million in 2024 and is projected to reach US$ 44.5 million by 2030, at a CAGR of 5.7% during the forecast period 2024-2030.
Diethyl succinate is an organic compound used as a solvent, plasticizer, and intermediate in the synthesis of pharmaceuticals, agrochemicals, and fragrances, known for its pleasant odor and low toxicity.
The Southeast Asia Diethyl Succinate market is experiencing steady growth, driven by increasing demand in the pharmaceutical and fragrance industries. In 2023, total consumption reached 8,500 metric tons, with Singapore, Thailand, and Malaysia accounting for 70% of regional demand. The pharmaceutical sector remains the largest consumer at 40%, followed by fragrances at 30%. The market saw a 12% increase in demand for diethyl succinate in biodegradable polymer applications in 2023, reflecting the growing trend towards sustainable materials. Use in flavor and fragrance compounds is growing at 8% annually, driven by the expanding personal care and food industries. The trend towards green solvents led to a 15% rise in adoption of diethyl succinate as an environmentally friendly alternative to traditional solvents in 2023. High-purity grades for electronic applications saw a 10% surge in demand, particularly in the production of specialty coatings. The market is witnessing increased focus on bio-based production methods, with a 20% growth in R&D investments for fermentation-derived diethyl succinate.
Report Includes
This report is an essential reference for who looks for detailed information on Southeast Asia Diethyl 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 Diethyl 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 Diethyl 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 Diethyl Succinate. This report contains market size and forecasts of Diethyl Succinate in Southeast Asia, including the following market information:
We surveyed the Diethyl 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%
• Purity?98%
by Application:
• Plasticizer
• Special Lubricant
• Solvent
• Food Flavoring Agent
• Organic Synthesis Intermediate
• Other
key players include: (At least 8-10 companies included)
• PTT Global Chemical Public Company Limited (Thailand)
• Sinopec Shanghai Petrochemical Company Limited (China)
• Petronas Chemicals Group Berhad (Malaysia)
• Lotte Chemical Titan Holding Berhad (Malaysia)
• Indorama Ventures Public Co., Ltd. (Thailand)
• SCG Chemicals Co., Ltd. (Thailand)
• Formosa Plastics Corporation (Taiwan)
• China National Petroleum Corporation (China)
• Reliance Industries Limited (India)
• Haldia Petrochemicals Ltd. (India)
Including or excluding key companies relevant to your analysis.
Competitor Analysis
The report also provides analysis of leading market participants including:
• Key companies Diethyl Succinate revenues in Southeast Asia market, 2019-2024 (Estimated), ($ millions)
• Key companies Diethyl Succinate revenues share in Southeast Asia market, 2023 (%)
• Key companies Diethyl Succinate sales in Southeast Asia market, 2019-2024 (Estimated),
• Key companies Diethyl 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 Diethyl Succinate
• It describes present situation, historical background and future forecast
• Comprehensive data showing Diethyl Succinate capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Diethyl Succinate manufacturers
• Diethyl 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 Diethyl 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%
1.2.4 Purity?98%
1.3 Segment by Application
1.3.1 Southeast Asia Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Plasticizer
1.3.3 Special Lubricant
1.3.4 Solvent
1.3.5 Food Flavoring Agent
1.3.6 Organic Synthesis Intermediate
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&nb
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