Rising need in various application segments including 1,4 butanediol, pharmaceuticals, and polyurethanes is expected to result in considerable share for the product over the next seven years. Healthcare sector growth on account of rising health awareness among consumers in emerging economies of Asia Pacific is expected to have a positive impact on the industry over the forecast period. The Global Succinic Acid Market is expected to reach USD 237.8 million by 2022, according to a new report by Grand View Research, Inc. Fluctuation of raw material prices, fuel, and energy costs are expected to hamper overall cost of the product, which in turn is expected to challenge demand. In addition, major companies are focusing on the manufacturing of the product through bio-based routes. This is expected to restrain growth over the forecast period. Growing political and regulatory pressures on chemical companies to reduce carbon emissions coupled with growing concerns over depleting f