Press release
Adipic Acid Industry to Witness Massive Growth (2024-2031) | Asahi Kasei Corporation, BASF SE, Invista, Lanxess AG, Radici Group, Ascend Performance Materials LLC
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The Adipic Acid market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Adipic Acid is a dicarboxylic acid with the chemical formula C₆H₁₀O₄. It is commonly used as a key raw material in the production of nylon (polyamide) and other polymers. Adipic acid is produced through the oxidation of cyclohexane or cyclohexene and is known for its use in creating nylon 6,6, as well as in manufacturing polyurethane foams, and as an acidulant in food processing. It contributes to the physical properties of materials, such as flexibility and strength, and is also used as a plasticizer and stabilizer in various industrial applications.
Forecast Growth Projected:
The Global Adipic Acid Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Adipic Acid Market:
Asahi Kasei Corporation, BASF SE, Invista, Lanxess AG, Radici Group, Ascend Performance Materials LLC, DSM, Verdezyne, PetroChina Liaoyang Petrochemical, Shandong Haili chemical industry company, Rennovia, Sumitomo Chemical Co., Ltd, and Rhodia.
Segment Covered in the Adipic Acid Market:
By Application: Nylon 66 fiber, Nylon 66 resin, Polyurethane, Adipate Ester, Others
By End User: Food industry, Automotive, Construction, Electrical appliances, Health care, Others (includes textiles)
Regional Analysis:
The global Adipic Acid Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Adipic Acid Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Adipic Acid Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Adipic Acid manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Adipic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How fast is the Adipic Acid Market growing?
The Adipic Acid Market will exhibit a CAGR of 4.4% during the forecast period, 2024-2031.
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