Press release
Adipic Acid Market Size to Surpass USD 10.6 Billion by 2033 | With a 5.25% CAGR
๐๐ฅ๐จ๐๐๐ฅย ๐๐๐ข๐ฉ๐ข๐ ๐๐๐ข๐ย ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐๐๐ฒ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐ง๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐๐๐-๐๐๐๐๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ:
โ The globalย adipic acid market sizeย reachedย USD 6.6 Billionย in 2024.
โ The market is expected to reachย USD 10.6 Billionย by 2033, exhibiting a growth rateย (CAGR) of 5.25%ย during 2025-2033.
โ Asia Pacific leads the market, accounting for the largestย adipic acid market share.
โ Nylon 66 fibers exhibit a clear dominance in the market due to their extensive use in the automotive and textile industries for manufacturing resilient and durable materials.
โ Plasticizers hold the biggest market share, as adipic acid is crucial in producing flexible, durable plastics widely used in consumer goods, packaging, and construction.
โ The rising need for adipic acid in the production of nylon 6,6 fibers and resins represents one of the key factors strengthening the market growth.
โ Environmental concerns and stringent regulations regarding petrochemical-based products are driving the need for sustainable solutions.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/adipic-acid-market/requestsample
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
โ ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐ซ๐จ๐ฆ ๐๐ฒ๐ฅ๐จ๐ง ๐,๐ ๐ ๐ข๐๐๐ซ ๐๐ง๐ ๐๐๐ฌ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง:
One of the trends that has been affecting the development of the is the increased use of adipic acid in the manufacture of nylon 6,6 fibers and resins. This compound is used as a raw material for nylon which, as a material, is employed in automotive, textile and electronics applications because it is strong, abrasion resistant and durable. Adding to this the increasing consumption in the automotive market as tire cord and nylon 6,6 airbag and an increasing global trend where automobiles are being built to be lighter. Furthermore, textiles and apparels include nylon in cheap quality products such as sports wear.
โ ๐๐ก๐ข๐๐ญ ๐๐จ๐ฐ๐๐ซ๐๐ฌ ๐๐๐จ-๐๐ซ๐ข๐๐ง๐๐ฅ๐ฒ ๐๐ข๐จ-๐๐๐ฌ๐๐ ๐๐๐ข๐ฉ๐ข๐ ๐๐๐ข๐:
The above need has been reinforced by environmental concerns and the increasing range of demand for products from the production of petrochemical company. At the moment, bio based adipic acid derived from renewable sources is looked at as the best option since it does not harm the environment as much as petroleum based adipic acid and it is much easier to produce. This green shift has indeed been accompanied on the one hand by the enhanced awareness and R&D developments regarding commercial viability of bio-based adipic acid production. Moreover, the shift towards biodegradable products in quite a few segments like plastics, textiles, automobiles is exerting upward pressure on bio-based adipic acid demand.
โ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐๐ฌ:
Promising advancements in the application of technology in production processes in adipic acid production to increase production efficiency, product yield, and reduce the impact on the environment also serve as the primary driver for the growth of this market. Efficient catalysts and other improvements in the overall process are being worked on in addition to better methods of waste minimization to make adipic acid manufacturing cheaper and sustainable. These technologies are crucial to remain competitive, cut down on the cost of operations, and meet the stringent standards set by environmental agencies worldwide. Businesses are investing significant funds in research operations to develop and adopt cleaner and more efficient technologies for manufacturing chemical products as they strive to adopt increasingly sustainable industrial processes to reduce the chemical sector's costly impact on the environment.
๐๐ฎ๐ฒ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/checkout?id=6665&method=502
๐๐๐ข๐ฉ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญย ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ:
โ Nylon 66 Fibers
โ Nylon 66 Engineering Resins
โ Polyurethanes
โ Adipate Esters
โ Others
Nylon 66 fibers exhibit a clear dominance in the market due to their extensive use in the automotive and textile industries for manufacturing resilient and durable materials.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
โ Plasticizers
โ Unsaturated Polyester Resins
โ Wet Paper Resins
โ Coatings
โ Synthetic Lubricants
โ Food Additives
โ Others
Plasticizers hold the biggest market share, as adipic acid is crucial in producing flexible, durable plastics widely used in consumer goods, packaging, and construction.
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ:
โ Automotive
โ Electrical and Electronics
โ Textiles
โ Food and Beverage
โ Personal Care
โ Pharmaceuticals
โ Others
Automotive accounts for the majority of the market share attributed to the essential role of adipic acid in manufacturing nylon 66 and other components, which are essential for lightweight, fuel-efficient vehicles.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Asia Pacific dominates the market owing to the presence of key manufacturing industries in the region.
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/request?type=report&id=6665&flag=C
๐๐จ๐ฉ ๐๐๐ข๐ฉ๐ข๐ ๐๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐๐ซ๐ฌ:
The adipic acid market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
โ Asahi Kasei Corporation
โ Ascend Performance Materials
โ BASF SE
โ Domo Chemicals
โ Invista (Koch Industries)
โ Lanxess AG
โ Radici Partecipazioni SpA
โ Solvay S.A.
โ Sumitomo Chemical Co. Ltd.
โ Tangshan Zhonghao Chemical Co. Ltd.
โ TCI Chemicals (India) Pvt. Ltd.
โ Tian Li High & New Tech Co. Ltd
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐ ๐๐ง๐ฒ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email:ย sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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