Emerging Growth Drivers Boosting Expansion in the Adipic Acid Market

The adipic acid market is positioned for consistent growth over the coming years, driven by various industrial and technological factors. As demand evolves across multiple sectors, this market is set to expand significantly, presenting new opportunities and challenges for key players and stakeholders. Let's explore the current market size, major influencers, prominent companies, emerging trends, and segmentation to get a comprehensive understanding of the adipic acid industry's outlook.

Steady Rise in Adipic Acid Market Size and Future Outlook
The market for adipic acid is projected to grow steadily, reaching $9.57 billion by 2030, with a compound annual growth rate of 5.0%. This upward trend is supported by increasing demand for lightweight materials in electric vehicles, a shift toward more sustainable polymer alternatives, growing use of insulation materials in construction, advances in adipic acid production technologies, and expanded packaging applications. Noteworthy market trends include a rising preference for nylon 6,6 in automotive manufacturing, greater incorporation of adipic acid in lightweight engineering plastics, a surge in bio-based adipic acid production methods, broader polyurethane uses in building materials, and intensified efforts to improve process efficiency while minimizing emissions.

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Major Corporations Driving the Adipic Acid Industry Forward
The adipic acid sector is led by several influential companies including PetroChina Company Limited, Invista, BASF SE, Sumitomo Chemical Company Limited, Asahi Kasei Corporation, Evonik Industries AG, Du Pont de Nemours Inc., LANXESS AG, Huntsman Corporation, Solvay Société Anonyme, UBE Corporation, Ascend Performance Materials Operations LLC, Shenan Shenma Nylon Chemical Co. Ltd., Radici Partecipazioni SpA, Fibrant BV, DOMO Chemicals GmbH, Huafon Group Co. Ltd, Hualu Hengsheng Chemical Co. Ltd, Liaoyang Sinopec (Liaoyang Sinopec Chemical Fiber Co. Ltd), Mitsui Chemicals, Inc., Nippon Shokubai Co. Ltd, Chongqing Huafon Chemical Co. Ltd, Shandong Hongye Chemical Company Ltd, DSM-Firmenich, Rennovia Inc, Myriant Corporation, Toray Industries, Inc, and Kumho Petrochemical Co. Ltd.

Strategic Moves Enhancing Production and Supply Chains in the Adipic Acid Space
In a notable development in July 2025, BASF SE, a Germany-based chemical giant, acquired a 49% stake in DOMO Chemicals' joint venture, Alsachimie, for an undisclosed amount. This strategic move aims to boost BASF's capabilities in polyamide 6,6 production and enhance the integration of supply chains for essential raw materials. DOMO Chemicals GmbH specializes in producing polyamide 6,6 precursors, including KA-oil, adipic acid, and hexamethylenediamine adipate, catering to automotive, consumer goods, industrial, and electronics markets.

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Innovations Highlighting Sustainability and Performance in Adipic Acid Products
Leading companies in the adipic acid market are prioritizing sustainable solutions, such as the development of bio-based nylon 6,6 to reduce environmental impact and carbon emissions associated with polymer production. Bio-based nylon 6,6 is manufactured using renewable feedstocks like used cooking oil or plant-derived materials instead of traditional fossil fuels. For instance, in December 2024, Ascend Performance Materials from the U.S. successfully produced acrylonitrile, hexamethylene diamine, adipic acid, and nylon 6,6 derived from used cooking oil as part of its Bioserve product range. This bio-based nylon offers a 25% reduction in carbon footprint compared to conventional nylon while maintaining comparable mechanical strength, thermal stability, and processing attributes. It is suitable for demanding applications in textiles, automotive, and industrial sectors, providing a greener alternative without sacrificing quality or functionality.

Segment Breakdown Reveals Largest Shares and Market Focus
This report categorizes the adipic acid market into several key segments:
1) Raw Material - including Cyclohexanol and Cyclohexanone
2) Sales Channel - consisting of Direct Sale and Indirect Sale
3) Application - covering Nylon 6,6 Fiber, Nylon 6,6 Resin, Polyurethanes, and Adipate Esters
4) End Use Industry - spanning Automotive, Electrical and Electronics, Packaging and Consumer Products, Building and Construction, Textile, and other industries.

Further subsegments detail various production methods such as hydrogenation of cyclohexene, catalytic hydrogenation of cyclohexanol, and oxidation of cyclohexane to cyclohexanone, highlighting the technical pathways involved in adipic acid synthesis.

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This release was published on openPR.