India Adipic Acid Market Projected to Show Strong Growth

Archive Market Research published a new research publication on "India Adipic Acid Market" with 230+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the India Adipic Acid market was mainly driven by the increasing R&D spending across the world.

Some of the key players profiled in the study are: Asahi Kasei Corporation, BASF SE, Invista, Lanxess AG, Ascend Performance Materials LLC.

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Scope of the Report of India Adipic Acid: The India Adipic Acid Market size was valued at USD 234.7 million in 2023 and is projected to reach USD 357.59 million by 2032, exhibiting a CAGR of 6.2 % during the forecasts period. The growing demand for nylon 6,6 in the automotive and construction industries, coupled with the rising use of adipic acid in the production of polyurethane, are key factors driving this growth. Government initiatives aimed at promoting domestic production of adipic acid and the increasing adoption of eco-friendly manufacturing practices are further contributing to market growth. The India Adipic Acid market is poised for growth driven by increasing demand from key sectors such as automotive, textiles, and packaging. Adipic acid, a critical intermediate chemical used in the production of nylon 6,6 and other polymers, is witnessing rising consumption due to its versatile applications. Factors such as expanding automotive production, growth in the textile industry, and rising consumer goods manufacturing are fueling market expansion.

The titled segments and sub-section of the market are illuminated below: {"Application: Nylon 6,6, Polyurethane, End-Use: Construction, Furniture & Interior, Automotive, Footwear"}

Significant Developments in India Adipic Acid Sector:
1. Asahi Kasei Corporation has invested in a new adipic acid plant in Gujarat, India.
2. BASF SE has expanded its adipic acid production capacity in Mangalore, India.
3. Invista has acquired a majority stake in SRF Limited's adipic acid business.

India Adipic Acid Market Regional Insights:
1. North India: Remains the dominant market for adipic acid in India, contributing to over 45% of demand. Key production facilities and major end-user industries, such as automotive, plastics, and construction, are concentrated in this region.
2. West India: Continues to be a rapidly expanding market, driven by the growth of the automotive and construction sectors in Maharashtra and Gujarat. Several adipic acid production plants have been established in this region to meet the increasing demand.
3. South India: Maintains its importance as a significant market for adipic acid. The automotive and furniture industries in Tamil Nadu and Karnataka are the primary demand drivers in this region.
4. East India: Emerges as a promising market for adipic acid due to the presence of growing manufacturing clusters in Odisha and West Bengal. The region has witnessed investments in new production capacities to cater to the growing demand from various end-use industries.

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What can be explored with the India Adipic Acid Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyse and Measure the India Adipic Acid Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in India Adipic Acid
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Strategic Points Covered in Table of Content of India Adipic Acid Market:
Chapter 1: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the India Adipic Acid
Chapter 2: Evaluating the leading manufacturers of the India Adipic Acid market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 3: Introduction, market driving force product Objective of Study and Research Scope the India Adipic Acid market
Chapter 4: Exclusive Summary - the basic information of the India Adipic Acid Market.
Chapter 5: Presenting the India Adipic Acid Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 6: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
Chapter 7: Displaying the by Type, End User and Region/Country 2019-2023
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, India Adipic Acid Market is a valuable source of guidance for individuals and companies.

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