Global Adipic Acid Market, By Application (Adipate Ester, Polyurethane, Nylon 66 Resin, Nylon 66 Fib

Published Date: | Report Code : CH193427

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The Adipic Acid Market is expected to promise high growth owing to the growth of the packaging and construction industries in recent years. Increasing demand from end-use industries automotive, pharmaceutical, packaging, construction, appliances, food & beverage, and others is expected to drive the growth of the market.

Segment Analysis: 

Adipic Acid is the most important commercially used chemical compound. These are a form of a carboxylic acid, which is aliphatic in nature. Some of the key properties of products that are manufactured from adipic acid include durability, strong fiber and chemically resilient nature. This enables it to be widely used in the nylon production industry. Some of the important industries that use adipic acid are construction, automotive, packaging, electronics, pharmaceutical, and others.

Rapid growth in the construction industry is projected to drive the growth of the adipic acid Market. Increasing demand from automotive, electronics, engineering polymers is also contributing to the growth of the market. Also, the continuously growing demand from the nylon and fiber industry is expected to have a maximum effect on the growth of the global adipic acid market and is the key factor for the market growth.

Some of the key Impact Factors:

  • The growth of packaging and construction industries
  • Increasing demand from the automotive, electronics and manufacturing industries

Regional Analysis: 

On the basis of the region, the adipic acid market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in the adipic acid market during the forecast period. This demand is with regard to the growth of major end-use industries such as automotive, pharmaceutical, packaging, construction, appliances, food & beverage, and others. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the adipic acid market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the adipic acid market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: BASF SE, Asahi Kasei, Ascend Performance Materials , INVISTA, Lanxess AG, Rhodia, Petro China Company Limited, Liaoyang Petrochemical 

Market Segmentation:

By Application:

  • Adipate Ester
  • Polyurethane
  • Nylon 66 Resin
  • Nylon 66 fiber

By End-Use Industry:

  • Automotive
  • Pharmaceutical
  • Packaging
  • Construction
  • Appliances
  • Food & Beverage
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Application
    • By End-Use Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Application
    • By End-Use Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Application
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Application
    • By End-Use Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Application
    • By End-Use Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Application
    • By End-Use Industry

Reasons to buy this report:

  • Market size estimation of the adipic acid market on a regional and global basis
  • The unique research design for market size estimation and forecasts
  • Profiling of the major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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We provide customization of the study to meet the specific requirements:

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  • By sub-segment
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