Adipic Acid Industry Growth & Applications in Nylon, Food & More By 2031 | Asahi Kasei Corporation, BASF SE, Invista, Lanxess AG, Radici Group, Ascend Performance Materials LLC, DSM

Global Adipic Acid Market is expected to grow at a 4.4% CAGR in the forecast period 2024 - 2031

Adipic Acid Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Adipic acid is a white, crystalline dicarboxylic acid with the chemical formula C6H10O4. It is primarily used in the production of nylon-6,6 through polymerization, which is a key material in the manufacture of textiles, carpets, and plastics. Adipic acid is also used in food products as an acidity regulator and in the production of certain synthetic lubricants, polyurethane foams, and other chemicals. It is typically produced from benzene or cyclohexane through an industrial process involving oxidation reactions.

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, Rhodia

Growth Forecast 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.

Research Process:

Both primary and secondary data sources have been used in the global Adipic Acid Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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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 for Adipic Acid Market:

The regional analysis of the Adipic Acid Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Adipic Acid market?

➠ Who are the leading manufacturers in the global Adipic Acid industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Adipic Acid industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Adipic Acid market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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