The Adipic Acid Market is projected to reach $8.10 billion by 2030, growing at a CAGR of 4.7%.

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐝𝐢𝐩𝐢𝐜 𝐚𝐜𝐢𝐝 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟓.𝟒𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟏 𝐚𝐧𝐝 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐭𝐨 𝐔𝐒𝐃 𝟖.𝟏𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟒.𝟕% 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝟐𝟎𝟐𝟐 𝐚𝐧𝐝 𝟐𝟎𝟑𝟎.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
Adipic is a precursor and one of the reactants for the production of nylon-6,6, an important polymer that has many applications ranging from being used as bearings in the automotive industry to tennis racket strings and knee pads in the sports industry. Adipic acid by itself can also be used in the food and beverages industry as a preservative, gelling, or flavoring agent, imparting a slightly acidic taste to the consumable good. Adipic acid has gained a lot of prominence in recent years due to increased dependence on Nylon-6,6 and the variety of products that can be produced by it.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/adipic-acid-market/request-for-sample
Growth Drivers
• Improved lifestyles and the need for newer products by market players have resulted in the propelling of the adipic acid market growth. The increasing demand for innovation in products from various industries, such as automotive, industrial and even food and beverage industry, further drives the requirement for adipic acid and its associated products.
• Strict government laws regarding the use of plastic and the implementation of new strategies by companies will bring in more players.

𝐌𝐚𝐣𝐨𝐫 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬
Adipic acid market is a key sector for research and development as well as the rolling out of new and innovative products. This results in many companies wanting to be a part of this expanding market. A fee of the key market players are:
• Asahi Kasei Corporation
• Ascend Performance Materials
• BASF SE
• Domo Chemicals
• HUAFENG GROUP
• Liaoyang Tianhua Chemical Co. Ltd.
• PetroChina Liaoyang Petrochemical
• Radici Partecipazioni SpA
• Shenma Industrial Co. Ltd
• Sumitomo Chemical Co. Ltd

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/adipic-acid-market/request-for-discount-pricing

𝐀𝐝𝐢𝐩𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬
• The nylon 6,6 fiber segment is anticipated to grow significantly over the forecast period owing to its use in the automotive sector. Nylon 66, made from the product, is mainly employed for its outstanding mechanical, temperature resistant, and lightweight qualities for automobiles
• Automotive Industry accounted for a major share in the global industry, which is accelerated by the rising demand for these products from this industry due to their lightweight and other benefits
• North America is expected to grow at a CAGR of 4.7% over the projected period. North America is a potential location for the product because it is one of the primary supply hubs for synthetic polymers

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
• The adipic acid market is primarily segmented based on raw material, end product, application industry verticals, and region.
• Based on end product, Nylon- 6,6 accounted for the largest market share, as it is the most widely used product generated from adipic acid.
• In the industry vertical, the amountive automotive industry had the highest market share as adipic acid is primarily employed as a monomer in the manufacture of polyamide 6.6 granules and other polyamides.

Adipic Acid Market, Raw Material Outlook (Revenue - USD Billion, 2018 - 2030)
• Cyclohexanol
• Cyclohexanone
Adipic Acid Market, End Product Outlook (Revenue - USD Billion, 2018 - 2030)
• Nylon 6,6 Fibers
• Nylon 6,6 Engineering Resins
• Polyurethanes
• Adipate Esters
• Others
Adipic Acid Market, Industry Verticals Outlook (Revenue - USD Billion, 2018 - 2030)
• Automotive
• Electrical and Electronics
• Textiles
• Food & Beverage
• Personal Care
• Pharmaceuticals
• Others
Adipic Acid Market, Application Outlook (Revenue - USD Billion, 2018 - 2030)
• Plasticizers
• Unsaturated Polyester Resins
• Wet Paper Resins
• Coatings
• Synthetic Lubricants
• Food Additives
• Others

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
• North America
o U.S
o Canada
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/adipic-acid-market

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
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https://www.polarismarketresearch.com/industry-analysis/cytosine-market

Epoxidized Soybean Oil Market
https://www.polarismarketresearch.com/industry-analysis/epoxidized-soybean-oil-market

Ashwagandha Extract Market
https://www.polarismarketresearch.com/industry-analysis/ashwagandha-extract-market

Digestive Health Products Market
https://www.polarismarketresearch.com/industry-analysis/digestive-health-products-market

Powdered Fats Market
https://www.polarismarketresearch.com/industry-analysis/powdered-fats-market

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