Adipic Acid Market, By Application, By End-use Industry, By Geography

Description

The adipic acid market is estimated to be valued at USD 6.45 Bn in 2024 and is expected to reach USD 8.60 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 6.45 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	4.20%	2031 Value Projection:	US$ 8.60 Bn

Figure. Adipic Acid Market Share (%), By Region 2024

Adipic acid is an important raw material used in the manufacturing of nylon 6,6 fiber and resins. It is an organic compound with the formula (CH2)4(COOH)2. Adipic acid has wide industrial applications in textiles, coatings, synthetic lubricants, food additives, and plastics. The growing demand for nylon 6,6 from the automotive and construction industries has been a major driver for the growth of the adipic acid market in recent years.

Market Dynamics:

The global adipic acid market has been witnessing steady growth driven by increasing demand from major end-use industries such as automotive, textiles, and coatings. Rise in the global automotive production accompanied by growing consumption of engineering plastics in vehicles has augmented the demand for adipic acid. Additionally, expanding construction industry worldwide using nylon 6,6 for carpets and insulation materials has boosted the market. However, fluctuations in crude oil prices which is the primary raw material for adipic acid production poses a major challenge. On the other hand, the development of bio-based production technology provides new opportunities in the market.

Key Features of the Study:

This report provides an in-depth analysis of the global adipic acid market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global adipic acid market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Asahi Kasei Corporation, Ascend Performance Materials, BASF SE, Invista, Lanxess Ag, PetroChina Liaoyang Petrochemical, Radici Group, Rhodia, Shandong Haili Chemical Industry Company Ltd., Shandong Hongye Chemical Company Ltd, DOMO Chemicals, Sumitomo Chemical Co., Ltd., Solvay, Liaoyang Tianhua Chemical Co., Ltd, Meru Chem Pvt. Ltd, EMCO Dyestuff, and JPM Pharma & Chemicals Pvt. Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global adipic acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global adipic acid market

Detailed Segmentation-

By Application:
- Nylon 6, 6 Fiber
- Nylon 6, 6 Resin
- Polyurethanes
- Others
By End-use Industry:
- Automotive
- Electrical & Electronics
- Home Appliances
- Textiles
- FMCG
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Asahi Kasei Corporation
- Ascend Performance Materials
- BASF SE
- Invista
- Lanxess Ag
- PetroChina Liaoyang Petrochemical
- Radici Group
- Rhodia
- Shandong Haili Chemical Industry Company Ltd.
- Shandong Hongye Chemical Company Ltd
- DOMO Chemicals
- Sumitomo Chemical Co., Ltd.
- Solvay
- Liaoyang Tianhua Chemical Co., Ltd
- Meru Chem Pvt. Ltd
- EMCO Dyestuff
- JPM Pharma & Chemicals Pvt. Ltd.

Product Code: CMI318

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Application
- Market Snippet, By End-use Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions

4. Global Adipic Acid Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Adipic Acid Market
Impact Analysis

5. Global Adipic Acid Market, By Application, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Nylon 6, 6 Fiber
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Nylon 6, 6 Resin
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Polyurethanes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

6. Global Adipic Acid Market, By End-use Industry, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Electrical & Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Home Appliances
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
Textiles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
FMCG
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends

7. Global Adipic Acid Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
North America
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-use Industry, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Market Share Analysis
Company Profiles
- Asahi Kasei Corporation
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- Ascend Performance Materials
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- BASF SE
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- Invista
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- Lanxess Ag
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- PetroChina Liaoyang Petrochemical
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- Radici Group
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- Rhodia
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- Shandong Haili Chemical Industry Company Ltd.
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- Shandong Hongye Chemical Company Ltd
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- DOMO Chemicals
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- Sumitomo Chemical Co., Ltd.
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- Solvay
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- Liaoyang Tianhua Chemical Co., Ltd
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- Meru Chem Pvt. Ltd
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- EMCO Dyestuff
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates
- JPM Pharma & Chemicals Pvt. Ltd.
  - Company Overview
  - Application Portfolio
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact
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