Adipic Acid Market Size | Growth, Share, Trends and Forecast
Adipic acid is a white, crystalline, slightly water-soluble solid with the formula (CH2)4(COOH)2. It is the most important of the commercially available aliphatic dicarboxylic acids from the industrial perspective. Commercial adipic acid is produced from cyclohexane, cyclohexene, or phenol. Nylon 66 is the largest application segment of adipic acid. The increasing demand of automotive industry, electrical & electronics industry and footwear industry is anticipated to drive the demand of adipic acid. It is also used in polyurethane, adipic esters, plasticizers, food additives, and pharmaceuticals.
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The global 2015 adipic acid production reached about 3059391 MT in 2015 from about 2485166 MT in 2011 with an average growth rate of 5.53%. China is the biggest production base, which holds 32.99% production share in 2015.
China, North America, EU and Asia (ex. China) are the main consumption bases, while China holds 28.83% consumption share, North America holds 23.92%, EU holds 23.45%, and Asia (ex. China) holds 14.34% consumption share in 2015. They occupy 90.54% of the global consumption in total.
In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Adipic Acid.
This report researches the worldwide Adipic Acid market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
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This study categorizes the global Adipic Acid breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
o Asahi Kasei
o Shenma Industrial
o Hualu Hengsheng
o Liaoyang Sinopec
o Yangmei Fengxi
o Zhejiang Shuyang
o Kailuan Group
Adipic Acid Breakdown Data by Type
o Cyclohexane Oxidation
o Cyclohexene Oxidation
o Phenol Hydrogenation
Adipic Acid Breakdown Data by Application
o Nylon 6,6
o Adipic Esters
Adipic Acid Production Breakdown Data by Region
o United States
o Other Regions
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