Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
Butanedioic Acid Price Trend Analysis 2026: Latest News, Price Drivers, Historical Prices, Supply Demand Analysis & Market Insights
Written ByUdeesha Tomar
Butanedioic Acid Price Trend H2 2024
Asia
In Asia, prices initially maintained stability but later showed a downward trend during the fourth quarter. Chinese manufacturers faced pressure from elevated inventory levels and inconsistent demand from downstream industries.
The cosmetics and personal care sectors showed moderate demand, while manufacturing activities remained steady. The market was further influenced by improved feedstock benzene availability following increased refinery operations in the region.
Europe
The European market experienced a more volatile pricing pattern throughout H2’24. The summer holiday season initially created supply tightness due to reduced manufacturing activities and labour shortages. However, the market later stabilized as production resumed. The region's beauty sector maintained consistent demand, though economic uncertainties and manufacturing PMI concerns continued to impact market sentiment.
North America
North American markets showed the most dramatic price fluctuations during this period. The third quarter saw price increases driven by supply chain disruptions, particularly due to hurricane-related impacts on the Gulf Coast. However, the market later stabilized as production normalized and inventory levels improved. The region also faced pressure from increased Asian imports, which helped moderate prices toward the year's end.
Analyst Insight
According to Procurement Resource, the Butanedioic Acid market is expected to show stability with a slight upward bias in early 2025,driven by anticipated demand recovery in the cosmetics and pharmaceutical sectors. However, this could be tempered by potential economic headwinds and continued supply chain adjustments.
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Asia
The Asian butanedioic acid market fluctuated throughout the second half of the year 2023. The market started on a favorable note as the supply and demand outlooks were largely in equilibrium with each other. However, soon the prices turned upwards as the market demands started rising from the food and pharma sectors.
A rise in the feedstock maleic anhydride prices was also responsible for this change in the butanedioic acid’s market behavior. Despite the steady demands, the butanedioic acid market could not sustain the growing prices as the situation turned south given the global trade inhibitions with growing supply chain and freight issues started to impact international trade and substantially reduced the export queries for Indian and Chinese markets.
Europe
The European butanedioic acid price trend was not much different from the Asian market; however, the price fluctuations here were relatively more confined. The market trend was more inclined in the third quarter as the industrial demands were humble yet positive. However, as the last three months of the year approached, the downstream demands tumbled, pushing the price trend down along. This demand deficit was because of reduced industrial activity during the long New Year holiday season. Overall, mixed market sentiments were witnessed.
North America
The North American price trend for butanedioic acid was not much different from the global trend, as the prices were observed to be vacillating here as well. The high feedstock cost provided positive upstream cost support in the third quarter by raising the production costs. However, the price trend reversed quickly in the last quarter as the demand subsided. With this rise in prices in the third quarter and the downfall in the fourth quarter, butanedioic acid fluctuated in the American region as well.
About Butanedioic Acid
Butanedioic or Succinic acid is a kind of dicarboxylic acid. The term succinic comes from the Latin word succinum, which means amber. In living organisms, butanedioic acid is transformed into fumarate by the enzyme succinate dehydrogenase in complex 2 of the electron transport chain, which is involved in the production of ATP, and as a signalling molecule reflecting the cellular metabolic status.
Butanedioic Acid Product Detail
Chemical Formula
C4H6O4
Molecular Weight
118.09g/mol
Industrial Uses
Industrial, Food, Pharmaceuticals, Cosmetics
Synonyms
Succnic acid, Amber acid, Asuccin
Supplier Database
BASF SE, Myriant Corporation, BioAmber, Parchem, Dow Chemicals, Ernesto Ventos S.A., The Chemical Company, Kawasaki Kasei Chemicals Ltd., Mitsubishi Chemical Corporation
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Butanedioic Acid Production Processes
- Butanedioic Acid Production from Maleic Anhydride
Butanedioic Acid production from maleic anhydride via a typical hydrogenation process. In this process, maleic anhydride is hydrogenated to succinic anhydride, which is then converted to butanedioic acid.
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