Global Adipic acid market 2024-2030
Description
Adipic acid is produced from oxidation of a mixture of cyclohexanol and cyclohexanone with nitric acid. Adipic acid is one of the most important type of aliphatic dicarboxylic acid. Adipic acid is utilized as a monomer in the production of nylon 6,6. Around 70% to 80% of adipic acid is used in manufacturing nylon 6,6. In addition, the other usage of adipic acid can be seen in polyurethanes and di- 2- ethylhexyl adipate which are helpful in producing plasticizers for PVC. Apart from this, adipic acid is widely used in the construction, automotive and electronic industry.
The report on global adipic acid market shows insights on the existing market scenario by conducting over 280 hours of primary and secondary research. As per the report, global adipic acid market is growing its sphere of influence rapidly and gaining popularity. The global adipic acid market was valued at US $ xxxx million in the year 2018 and it is stated that it will rise up toUS $ xxx million by the year 2023 where the annual growth rate is expected to be at xx %.
The growth driver for this industry is the increasing demand for this product in the automotive, construction and electronic industry as the product made by the usage of adipic acid are light weight and at the same time durable. The rapidly increasing construction market is one of the main reasons for its growth as it is widely used in the production of exterior panels, insulation materials and housing electronics. There is a major increase in the automotive industry thus driving the growth of adipic acid.
The main reason for the stunted growth for adipic acid is, there are different environmental laws around the globe, but in which ever country you will try to convey your business chances are you will face strict environment laws. Apart from this, there are multiple hybrid fibers rising in the market which can work as a substitute for adipic acid.
Asia pacific is said to be a haven for industrialist who require less expensive raw materials for production of adipic acid,at this moment there is a large reserve of raw materials present to produce adipic acid and the manufacturers are trying to exploit as they like. It is said the demand for adipic acid will rise to xxxx kilo-tons by the end of the projected years.
North America is said to be one of the most significant supply hubs for engineered polymers. Engineered polymers is among one of many adipic acid products. Thus, making it an important location for adipic acid. North America’s demand for adipic acid was recorded at xxx kilo tons in the year 2018 and is said to increase with an increasing rate of 2.6% in the projected years. Apart from Asia Pacific and North America, Europe is also said to be an important market for adipic acid.
The key players in the market of adipic acid are Asahi Kasei Corporation, BASF SE, Invista, Lanxess AG, and Ascend Performance Material LLC.
The research procedure starts with the bifurcation of diverse market segments of the global adipic acid market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across global adipic acid industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (35%), Asia (30%), Europe (35%)
By designation:
Top level (40%), Operation level (30%), Mid-level (30%)
Contents of the report:
The report on global adipic acid market shows insights on the existing market scenario by conducting over 280 hours of primary and secondary research. As per the report, global adipic acid market is growing its sphere of influence rapidly and gaining popularity. The global adipic acid market was valued at US $ xxxx million in the year 2018 and it is stated that it will rise up toUS $ xxx million by the year 2023 where the annual growth rate is expected to be at xx %.
The growth driver for this industry is the increasing demand for this product in the automotive, construction and electronic industry as the product made by the usage of adipic acid are light weight and at the same time durable. The rapidly increasing construction market is one of the main reasons for its growth as it is widely used in the production of exterior panels, insulation materials and housing electronics. There is a major increase in the automotive industry thus driving the growth of adipic acid.
The main reason for the stunted growth for adipic acid is, there are different environmental laws around the globe, but in which ever country you will try to convey your business chances are you will face strict environment laws. Apart from this, there are multiple hybrid fibers rising in the market which can work as a substitute for adipic acid.
Asia pacific is said to be a haven for industrialist who require less expensive raw materials for production of adipic acid,at this moment there is a large reserve of raw materials present to produce adipic acid and the manufacturers are trying to exploit as they like. It is said the demand for adipic acid will rise to xxxx kilo-tons by the end of the projected years.
North America is said to be one of the most significant supply hubs for engineered polymers. Engineered polymers is among one of many adipic acid products. Thus, making it an important location for adipic acid. North America’s demand for adipic acid was recorded at xxx kilo tons in the year 2018 and is said to increase with an increasing rate of 2.6% in the projected years. Apart from Asia Pacific and North America, Europe is also said to be an important market for adipic acid.
The key players in the market of adipic acid are Asahi Kasei Corporation, BASF SE, Invista, Lanxess AG, and Ascend Performance Material LLC.
The research procedure starts with the bifurcation of diverse market segments of the global adipic acid market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across global adipic acid industry value chain. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (35%), Suppliers (35%), Consumers (10%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (35%), Asia (30%), Europe (35%)
By designation:
Top level (40%), Operation level (30%), Mid-level (30%)
Contents of the report:
- Insights on the global adipic acid industry dynamics
- Current estimation of the global adipic acid market size in terms of value and volume
- Global adipic acid market breakup based on product type and application.
- Substantiated global adipic acid market forecast for the next five years
- Detailed analysis of the key companies operating across various nodes of global adipic acid industry value chain.
Table of Contents
- 1. Introduction
- Purpose of the report
- Research methodology
- Executive summary
- 2. Product Overview
- Product analysis
- Portfolio analysis of top companies
- Value chain analysis
- Market dynamics
- 3. Global Market Analysis
- Global adipic acid market size (2024–2030)
- By value
- By volume
- Global adipic acid market share (2024–2030)
- oBy product type
- By application
- By company
- By geography
- 4. North America Market Analysis
- North America adipic acid market size (2024–2030)
- By value
- By volume
- North America adipic acid market share (2024–2030)
- oB y product type
- By application
- By company
- By geography
- 5. Europe Market Analysis
- Europe adipic acid market size (2024–2030)
- By value
- By volume
- Europe adipic acid market share (2024–2030)
- oB y product type
- By application
- By company
- By geography
- 6. Asia-Pacific Market Analysis
- Asia-Pacific adipic acid market size (2024–2030)
- By value
- By volume
- Asia-Pacific adipic acid market share (2024–2030)
- oB y product type
- By application
- By company
- By geography
- 7. Middle East Market Analysis
- Middle East adipic acid market size (2024–2030)
- By value
- By volume
- Middle East adipic acid market share (2024–2030)
- oBy product type
- By application
- By company
- By geography
- 8. Africa Market Analysis
- Africa adipic acid market size (2024–2030)
- By value
- By volume
- Africa adipic acid market share (2024–2030)
- oBy product type
- By application
- By company
- By geography
- 9. Latin America Market Analysis
- Latin America adipic acid market size (2024–2030)
- By value
- By volume
- Latin America adipic acid market share (2024–2030)
- oBy product type
- By application
- By company
- By geography
- 10. Competitive Intelligence
- BASF SE
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 2
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 3
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 4
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 5
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 6
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 7
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 8
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 9
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- 11. Appendix
- Primary research breakup
- List of interview participants
- Discussion guide
- Interview transcript
- About Market Krystal team
Pricing
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