Page 479 - Refining Biomass Residues for Sustainable Energy and Bioproducts

436 Refining Biomass Residues for Sustainable Energy and Bioproducts

Table 19.3 Key market players globally for the platform chemicals derived from biomass.
Platform chemical Key market players

Succinic acid BioAmber, GC Innovation America, Succinity GmbH,
Reverdia, Nippon Shokubai, Shandong Lixing Chemical,
Kawasaki Kasei Chemicals, Anqing Hexing Chemical,
Anhui Sunsing Chemicals, and Gadiv Petrochemical
Industries
Fumaric acid Fuso Chemicals, Nippon Shokubai, Tianjin Bohai Chemicals,
The Chemical Company, Wego Chemicals & Mineral
Corp, U.S. Chemicals
3-Hydroxy propionic Cargill Inc., Lion Apparel Inc., Triveni Interchem Private
acid Limited, BASF SE, TCI Co. Ltd., and Novozymes
Aspartic acid/Glutamic Ajinomoto Co. Inc, Royal DSM, Flexible Solutions Inc., Iris
acid Biotech GmbH, Anaspec, Inc., ChemPep Inc.
Glucaric acid Rivertop renewable and DTI
Itaconic acid Qingdao Kehai Biochemistry Co, Itaconix
Levulinic acid Maine BioProducts, Avantium, Segetis, Circa Group
Xylitol Cargill, DuPont, CSPC Shengxue Glucose Co., Ltd.,
Mitsubishi Shoji Foodtech Co., Ltd., Novagreen Inc.
2,5-Furan dicarboxylic Avantium Holding BV, Corbion NV, Toronto Research
acid (FDCA) Chemicals Inc, Alfa Aesar GmbH & Co KG, Synvina,
Asta Tech Inc., Novamont SpA, Chemsky (Shanghai)
International Company Limited
Glycerol BASF, Wilmar International, Procter & Gamble Chemicals,
Solvay SA, Kuala Lumpur Kepong Berhad, Godrej
Industries, Dow Chemical Company, ADM
Sorbitol Roquette, ADM
3-Hydroxybutyrolactone Avanscure Lifesciences Pvt. Ltd., A. B. Enterprises, Kalion
Inc., and Kaneka Corporation

ADM, Archer Daniels Midland; DTI, Dan Chem Technologies Inc.
many optically active compounds. 3-HP is the precursor in the synthesis of acrylic
acid, 1,3-propanediol, methyl acrylate, acrylamide, ethyl 3-HP, malonic acid, pro-
piolactone, acrylonitrile, etc. (Rathnasingh et al., 2009). The increase in demand for
acrylic acid used in the manufacture of plastics, fibers, coatings, paints, and super-
absorbent diapers is expected to increase the demand for 3-HP in the future (Grand
View Research Inc.b).

19.3.2 1, 4-Diacids
19.3.2.1 Succinic acid
The global succinic acid market is estimated at USD132 million in 2018 and is pro-
jected to reach USD183 million by 2023 (Succinic Acid Market Analysis). Succinic
acid has a unique chemical market for producing coatings, surfactants, dyes,