Adipic acid is a vital raw material used in the manufacturing of industrial fiber such as Nylon 6.6. Adipic acid is basically produced by using various raw materials such as benzene, cyclohexane and phenol. The lower purity grade of adipic acid is used to produce polyurethane whereas high purity grade is used to produce nylon. The major end-user of adipic acid includes food, packaging, automotive, medical, consumer goods, construction, electronics, and furniture.
Market Dynamics
Growth in the textile industry especially across the Asia Pacific region is projected to offer profitable market opportunities in the near future. The growing demand for sports shoes and apparel due to increasing number of people participating in the sports activities is expected to spur the market growth of adipic acid. Also, growth in the sports industry is another major factor augmenting the demand for nylon which in turn accelerating the market growth of synthetic and bio-based adipic acid.
In addition, expansion of the footwear market as polyurethane is used in the production of footwear is expected to fuel the market growth of synthetic and bio-based adipic acid. According to the World Footwear, footwear production worldwide reached 24.2 billion pairs in 2018, increased by 2.7% from 2017. Thus, growth in the footwear market due to increasing production and demand among consumer is expected to augment the market growth of the adipic acid over the forecast period.
Key features of the study:
Detailed Segmentation:
Global Synthetic and bio-based adipic acid Market, By Application:
Global Synthetic and bio-based adipic acid Market, By Region:
Company Profiles
“*” marked represents similar segmentation in other categories in the respective section.
Market Dynamics
Growth in the textile industry especially across the Asia Pacific region is projected to offer profitable market opportunities in the near future. The growing demand for sports shoes and apparel due to increasing number of people participating in the sports activities is expected to spur the market growth of adipic acid. Also, growth in the sports industry is another major factor augmenting the demand for nylon which in turn accelerating the market growth of synthetic and bio-based adipic acid.
In addition, expansion of the footwear market as polyurethane is used in the production of footwear is expected to fuel the market growth of synthetic and bio-based adipic acid. According to the World Footwear, footwear production worldwide reached 24.2 billion pairs in 2018, increased by 2.7% from 2017. Thus, growth in the footwear market due to increasing production and demand among consumer is expected to augment the market growth of the adipic acid over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global synthetic and bio-based adipic acid market and provides market size (US$ Million & Tons) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- This study also provides impact analysis of Coronavirus (Covid-19) pandemic on synthetic and bio-based adipic acid market.
- It profiles key players in the global synthetic and bio-based adipic acid market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Invista, Rhodia, BASF, Ascend Performance Materials, Shangdong Haili (Bohui), Liaoyang Petrochemical, Asahi Kasei, Radici
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
- The global synthetic and bio-based adipic acid market report caters to various stakeholders in this industry including investors, suppliers, synthetic and bio-based adipic acid manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the synthetic and bio-based adipic acid market
Detailed Segmentation:
Global Synthetic and bio-based adipic acid Market, By Application:
- Nylon 6,6 fiber
- Nylon 6,6 resin
- Polyurethanes
- Adipate esters
- Others
Global Synthetic and bio-based adipic acid Market, By Region:
- North America
- By Country
- U.S.
- Canada
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Country/Region
- South Africa
- Central Africa
- North Africa
Company Profiles
- Invista
- Company Overview
- Material Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Rhodia
- BASF
- Ascend Performance Materials
- Shangdong Haili (Bohui)
- Liaoyang Petrochemical
- Asahi Kasei
- Radici
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
1. Research Objectives and Assumptions
2. Market Purview
3. Market Dynamics, Regulations, and Trends Analysis
4. Global Synthetic and Bio-Based Adipic Acid Market - Impact of Coronavirus (Covid-19) Pandemic
5. Global Synthetic and Bio-Based Adipic Acid Market, By Application, 2017 - 2027 (US$ Million & Tons)
6. Global Synthetic and Bio-Based Adipic Acid Market, By Region, 2017- 2027 (US$ Million & Tons)
7. Competitive Landscape
8. Section
Companies Mentioned
A selection of companies mentioned in this report includes:
- Invista
- Rhodia
- BASF
- Ascend Performance Materials
- Shangdong Haili (Bohui)
- Liaoyang Petrochemical
- Asahi Kasei
- Radici
