North America Adipic Acid Market Size, Share & Industry Trends Analysis Report By Application (Nylon 6, 6 Fiber, Nylon 6, 6 Resin, Polyurethane, Adipate Esters, and Others), By End-Use, By Country and Growth Forecast, 2023

Description

List of Tables

The North America Adipic Acid Market would witness market growth of 3.3% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 748.1 Kilo Tonnes, showcasing a growth of 3.2% (2019-2022).

Adipic acid is a dicarboxylic acid primarily used to produce nylon, a synthetic polymer. It is also used in various other applications, including producing polyurethane resins, plasticizers, food additives, etc. Demand for adipic acid is driven by the increasing use of nylon 6, 6 in producing durable and lightweight plastic in the swiftly expanding automotive and electrical & electronics industries. Adipic acid is utilized extensively in numerous end-use industries, including electrical & electronics, automotive, building & construction, packaging & consumer goods, and textiles. In the coming years, the expansion of the market is likely to be influenced positively by the expanding demand for nylon 6, 6 fibers, and polyurethane in various industries.

Nylon 6, 6 is an indispensable material for the automotive industry. It is a lightweight material used as an alternative to metals in automobiles. Automakers implement advanced plastics into their vehicles to lower weight and improve fuel economy without sacrificing performance or safety. Due to its electrical and mechanical effects, such as high dielectric stability, flame retardancy, and insulation resistance, Nylon 6, 6 resin is also used in the electronics industry to manufacture mobile phone connections, computers, motherboards, terminal blocks for electronic components, power tool housing, circuit breakers, etc.

According to Statistics Canada, investment in building construction increased 1.1% to $17.9 billion in August 2023. The residential sector was up 1.6% to $11.9 billion, while the non-residential industry remained relatively stable, up 0.1% to $5.9 billion. Adipic acid is used to produce adhesives and sealants essential for various construction applications. These materials are used for bonding and sealing in building and infrastructure projects. As the construction industry in Canada continues to grow and adapt to changing trends and regulations, the demand for adipic acid and its applications is likely to expand.

According to Select USA, the United States exported 1.4 million new light vehicles and 108,754 medium and heavy trucks (with a combined value of over $52 billion) to more than 200 nations worldwide in 2020, in addition to $66.7 billion worth of automotive parts. The United States is the world's second-largest vehicle sales and production industry. As the US automotive industry experiences growth, there is a higher demand for various vehicle components, many of which rely on nylon 6,6 produced with adipic acid. This leads to an increased demand for adipic acid in manufacturing automotive parts. The above factors will drive the market growth in this region.

The US market dominated the North America Adipic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,312 million by 2030. The Canada market is exhibiting a CAGR of 5.6% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 4.7% during (2023 - 2030).

Based on Application, the market is segmented into Nylon 6, 6 Fiber, Nylon 6, 6 Resin, Polyurethane, Adipate Esters, and Others. Based on End-use, the market is segmented into Automotive, Packaging & Consumer Goods, Electrical & Electronics, Textile, Building & Construction, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ascend Performance Materials LLC, Asahi Kasei Corporation, BASF SE, Koch Industries, Inc. (Invista BV), Liaoyang Tianhua Chemical Co., Ltd, Radici Partecipazioni S.p.A., Solvay SA, Sumitomo Chemical Co., Ltd., DOMO Chemicals GmbH, and LANXESS AG.

Scope of the Study

Market Segments covered in the Report:

By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)

Nylon 6, 6 Fiber
Nylon 6, 6 Resin
Polyurethane
Adipate Esters
Others

By End-use (Volume, Kilo Tonnes, USD Million, 2019-2030)

Automotive
Packaging & Consumer Goods
Electrical & Electronics
Textile
Building & Construction
Others

By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)

US
Canada
Mexico
Rest of North America

Companies Profiled

Ascend Performance Materials LLC
Asahi Kasei Corporation
BASF SE
Koch Industries, Inc. (Invista BV)
Liaoyang Tianhua Chemical Co., Ltd
Radici Partecipazioni S.p.A.
Solvay SA
Sumitomo Chemical Co., Ltd.
DOMO Chemicals Gmbh
LANXESS AG

Unique Offerings from KBV Research

Exhaustive coverage
Highest number of market tables and figures
Subscription based model available
Guaranteed best price
Assured post sales research support with 10% customization free

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Adipic Acid Market, by Application
- 1.4.2 North America Adipic Acid Market, by End-use
- 1.4.3 North America Adipic Acid Market, by Country
1.5 Methodology for the research

Chapter 2. Market At a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints

Chapter 4. Strategies Deployed in Adipic Acid Market

4.1 Porter's Five Forces Analysis

Chapter 5. North America Adipic Acid Market by Application

5.1 North America Nylon 6, 6 Fiber Market by Country
5.2 North America Nylon 6, 6 Resin Market by Country
5.3 North America Polyurethane Market by Country
5.4 North America Adipate Esters Market by Country
5.5 North America Others Market by Country

Chapter 6. North America Adipic Acid Market by End-use

6.1 North America Automotive Market by Country
6.2 North America Packaging & Consumer Goods Market by Country
6.3 North America Electrical & Electronics Market by Country
6.4 North America Textile Market by Country
6.5 North America Building & Construction Market by Country
6.6 North America Others Market by Country

Chapter 7. North America Adipic Acid Market by Country

7.1 US Adipic Acid Market
- 7.1.1 US Adipic Acid Market by Application
- 7.1.2 US Adipic Acid Market by End-use
7.2 Canada Adipic Acid Market
- 7.2.1 Canada Adipic Acid Market by Application
- 7.2.2 Canada Adipic Acid Market by End-use
7.3 Mexico Adipic Acid Market
- 7.3.1 Mexico Adipic Acid Market by Application
- 7.3.2 Mexico Adipic Acid Market by End-use
7.4 Rest of North America Adipic Acid Market
- 7.4.1 Rest of North America Adipic Acid Market by Application
- 7.4.2 Rest of North America Adipic Acid Market by End-use

Chapter 8. Company Profiles

8.1 Ascend Performance Materials LLC (SK Capital and Partners)
- 8.1.1 Company Overview
- 8.1.2 Recent strategies and developments:
  - 8.1.2.1 Product Launches and Product Expansions:
  - 8.1.2.2 Acquisition and Mergers:
- 8.1.3 SWOT Analysis
8.2 Asahi Kasei Corporation
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
  - 8.2.5.1 Partnerships, Collaborations, and Agreements:
8.3 BASF SE
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 Recent strategies and developments:
  - 8.3.5.1 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
8.4 Koch Industries, Inc. (Invista BV)
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
8.5 Lanxess AG
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 SWOT Analysis
8.6 Solvay SA
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 SWOT Analysis
8.7 Sumitomo Chemical Co., Ltd.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 SWOT Analysis
8.8 Liaoyang Tianhua Chemical Co., Ltd
- 8.8.1 Company Overview
- 8.8.2 SWOT Analysis
8.9 Radici Partecipazioni SpA
- 8.9.1 Company Overview
- 8.9.2 Recent strategies and developments:
  - 8.9.2.1 Acquisition and Mergers:
- 8.9.3 SWOT Analysis
8.10. Domo Chemicals GmbH
- 8.10.1 Company Overview
- 8.10.2 Recent strategies and developments:
  - 8.10.2.1 Acquisition and Mergers:
- 8.10.3 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Adipic Acid Market, 2019 - 2022, USD Million
TABLE 2 North America Adipic Acid Market, 2023 - 2030, USD Million
TABLE 3 North America Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 6 North America Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 7 North America Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Nylon 6, 6 Fiber Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Nylon 6, 6 Fiber Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Nylon 6, 6 Fiber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Nylon 6, 6 Fiber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Nylon 6, 6 Resin Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Nylon 6, 6 Resin Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Nylon 6, 6 Resin Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Nylon 6, 6 Resin Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Polyurethane Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Polyurethane Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Polyurethane Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Polyurethane Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Adipate Esters Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Adipate Esters Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Adipate Esters Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Adipate Esters Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 30 North America Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 31 North America Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Packaging & Consumer Goods Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Packaging & Consumer Goods Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Packaging & Consumer Goods Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Packaging & Consumer Goods Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Electrical & Electronics Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Electrical & Electronics Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Electrical & Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Electrical & Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Textile Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Textile Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Textile Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Textile Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Building & Construction Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Building & Construction Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Building & Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Building & Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 55 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 North America Adipic Acid Market by Country, 2019 - 2022, USD Million
TABLE 58 North America Adipic Acid Market by Country, 2023 - 2030, USD Million
TABLE 59 North America Adipic Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 North America Adipic Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 US Adipic Acid Market, 2019 - 2022, USD Million
TABLE 62 US Adipic Acid Market, 2023 - 2030, USD Million
TABLE 63 US Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64 US Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65 US Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 66 US Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 67 US Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 68 US Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 69 US Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 70 US Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 71 US Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 72 US Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 73 Canada Adipic Acid Market, 2019 - 2022, USD Million
TABLE 74 Canada Adipic Acid Market, 2023 - 2030, USD Million
TABLE 75 Canada Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 76 Canada Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 77 Canada Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 78 Canada Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 79 Canada Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 80 Canada Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 81 Canada Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 82 Canada Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 83 Canada Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 84 Canada Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 85 Mexico Adipic Acid Market, 2019 - 2022, USD Million
TABLE 86 Mexico Adipic Acid Market, 2023 - 2030, USD Million
TABLE 87 Mexico Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 88 Mexico Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 89 Mexico Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 90 Mexico Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 91 Mexico Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 92 Mexico Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 93 Mexico Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 94 Mexico Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 95 Mexico Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 96 Mexico Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 97 Rest of North America Adipic Acid Market, 2019 - 2022, USD Million
TABLE 98 Rest of North America Adipic Acid Market, 2023 - 2030, USD Million
TABLE 99 Rest of North America Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 100 Rest of North America Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 101 Rest of North America Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 102 Rest of North America Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 103 Rest of North America Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 104 Rest of North America Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 105 Rest of North America Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 106 Rest of North America Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 107 Rest of North America Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 108 Rest of North America Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 109 Key Information - Ascend Performance Materials
TABLE 110 Key Information - Asahi Kasei Corporation
TABLE 111 Key Information - BASF SE
TABLE 112 key Information - Koch Industries, Inc.
TABLE 113 key Information - Lanxess AG
TABLE 114 Key Information - Solvay SA
TABLE 115 Key Information - Sumitomo Chemical Co., Ltd.
TABLE 116 Key Information - Liaoyang Tianhua Chemical Co., Ltd
TABLE 117 Key Information - Radici Partecipazioni SpA
TABLE 118 Key Information - Domo chemicals gmbh

North America Adipic Acid Market Size, Share & Industry Trends Analysis Report By Application (Nylon 6, 6 Fiber, Nylon 6, 6 Resin, Polyurethane, Adipate Esters, and Others), By End-Use, By Country and Growth Forecast, 2023 - 2030