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Global Adipic Acid Market Outlook to 2026

  • ID: 5398095
  • Report
  • February 2021
  • Region: Global
  • 194 Pages
  • BlueQuark Research & Consulting

FEATURED COMPANIES

  • Asahi Kasei
  • BioAmber Inc.
  • Genomatica Inc.
  • INVISTA
  • LANXESS AG
  • Radici
Adipic acid or synthetic dicarboxylic acid is used as a key ingredient for the making of nylon. Also, Adipic acid is widely used in the chemical industry for the manufacturing of coatings, plasticizers, polymers, and detergents. Polyamides, adipate/Adipic esters, polyurethane, polyester polyols, food additives, pharmaceuticals, and others are the various applications where-in Adipic acid is used.

According to the publisher, the global adipic acid market is expected to witness a moderate growth rate during the forecast period with a CAGR of 3.1%. The major factors responsible for the growth of the global Adipic acid market are increasing demand from the automotive industry and the food industry. Nylon composite material, which is prepared using adipic acid, is used in the automotive industry and is likely to drive the global adipic acid market during the forecast period.

Due to the growing hot-melt adhesives application and its low spot prices, the Asia-Pacific (APAC) is projected to have the highest growth in the next few years and is the leading market for the Adipic acid market. Also, high demand from automotive manufacturers from countries in this region such as China, India, and Japan is projected to drive the market.

In terms of intermediate application, adipic acid is usually used to make polyamides and this segment has the highest market share due to its properties such as durability, lightweight nature, quality, and excellent energy absorbing property.

The Global Adipic acid market is fragmented. Major players in the market were found to be Ascend Performance Materials, BASF SE, Asahi Kasei Corporation, and Lanxess AG, among others.

In March 2020, Researchers from China University of Petroleum, Huabei Oil Field Company at PetroChina, and Xiangtan University had developed a new process to produce Adipic acid using Heterogeneous Catalysts. The newly developed process is a cleaner process where-in adipic acid is synthesized from bio-renewable feedstocks, as compared to the current industrial petrochemical process which produces adipic acid from ketone-alcohol oil, catalyzed by nitric acid, creates serious pollution to the environment, due to the formation of waste nitrous oxide

Global Adipic acid Market report provides deep insight into the current and future state of the Adipic acid market across various regions. The study comprehensively analyzes the Adipic acid market by segmenting based on Type (Synthetic and Bio-based), Intermediate applications (Polyamides, Polyurethanes, Adipate esters (Plasticizers) and Others), End-User Industry (Automotive, Electrical and electronics, Packaging films and coatings, Food Additives, Pharmaceuticals, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
This product will be updated with the latest data at the time of order. Consequently, dispatch time for this product will be 7-10 business days.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Asahi Kasei
  • BioAmber Inc.
  • Genomatica Inc.
  • INVISTA
  • LANXESS AG
  • Radici
1. Executive Summary

2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases

3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Regulatory Policies
3.6 Analysis of Covid-19 Impact

4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products

5. Market Segmentation & Forecast
5.1 By Type
5.1.1 Synthetic
5.1.2 Bio-based
5.2 By Intermediate applications
5.2.1 Polyamides
5.2.2 Polyurethanes
5.2.3 Adipate esters (Plasticizers)
5.2.4 Others
5.3 By End-use application
5.3.1 Automotive
5.3.2 Electrical and electronics
5.3.3 Packaging films and coatings
5.3.4 Food Additives
5.3.5 Pharmaceuticals
5.3.6 Others

6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 Germany
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.6 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa

7. Key Company Profiles
7.1 Ascend Performance Materials
7.2 Asahi Kasei
7.3 BASF
7.4 INVISTA
7.5 LANXESS AG
7.6 Liaoyang Petrochemical
7.7 Petro China Company Limited
7.8 Radici
7.9 Rhodia
7.10 Sumitomo Chemical Co., Ltd
7.11 DuPont
7.12 Kailuan Group
7.13 Shangdong Haili (Bohui)
7.14 BioAmber Inc.
7.15 Genomatica Inc.
7.16 Huafon Group Co. Ltd.
7.17 Shandong Hongye Chemical Group Co. Ltd.
7.18 Solvay SA
7.19 Tokyo Chemical Industry Co. Ltd.
7.20 Verdezyne, Inc.
*List of companies is not exhaustive

8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players

9. Conclusions and Recommendations
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Ascend Performance Materials
  • Asahi Kasei
  • BASF
  • INVISTA
  • LANXESS AG
  • Liaoyang Petrochemical
  • Petro China Company Limited
  • Radici
  • Rhodia
  • Sumitomo Chemical Co. Ltd
  • DuPont
  • Kailuan Group
  • Shangdong Haili (Bohui)
  • BioAmber Inc.
  • Genomatica Inc.
  • Huafon Group Co. Ltd.
  • Shandong Hongye Chemical Group Co. Ltd.
  • Solvay SA
  • Tokyo Chemical Industry Co. Ltd.
  • Verdezyne Inc.
Note: Product cover images may vary from those shown
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