Allied Market Research, today published a new market research report titled "Bio-succinic Acid Market - Size, Share, Trends, Opportunities, Global Demand, Insights, Analysis, Research, Report, Company Profiles, Segmentation and Forecast, 2013 - 2020." As per the study, the global bio-succinic acid market volume is expected to grow at a CAGR of 45.6% between 2013 and 2020. The market revenue was estimated to be $115.2 million in 2013 and is expected to grow to $1.1 billion by 2020. Increase in demand of bio-based chemicals is the major driver for this market. In addition, rising crude oil prices, adoption in newer industrial applications namely, 1,4-Butanediol (BDO), PBS, polyester polyols (polyurethane), and plasticizers will enable faster growth of the market.