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Adipic Acid Market, Global Outlook and Forecast 2023-2029

Adipic Acid Market, Global Outlook and Forecast 2023-2029

  • Published on : 19 March 2023
  • Pages :112
  • Report Code:SMR-7605905

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Report overview

Adipic acid is a white, crystalline, slightly water-soluble solid with the formula (CH2)4(COOH)2. It is the most important of the commercially available aliphatic dicarboxylic acids from the industrial perspective. Commercial adipic acid is produced from cyclohexane, cyclohexene, or phenol. Nylon 66 is the largest application segment of adipic acid. The increasing demand of automotive industry, electrical & electronics industry and footwear industry is anticipated to drive the demand of adipic acid. It is also used in polyurethane, adipic esters, plasticizers, food additives, and pharmaceuticals.
This report aims to provide a comprehensive presentation of the global market for Adipic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Adipic Acid. This report contains market size and forecasts of Adipic Acid in global, including the following market information:
Global Adipic Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Adipic Acid Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Adipic Acid companies in 2022 (%)
The global Adipic Acid market was valued at US$ 5896.8 million in 2022 and is projected to reach US$ 7870.6 million by 2029, at a CAGR of 4.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia-Pacific is the largest Adipic Acid market with about 45% market share. North America is follower, accounting for about 28% market share.
The key players are Invista, Solvay, Ascend, BASF, Radici, Asahi Kasei, Lanxess, Haili, Huafon, Shenma Industrial, Hualu Hengsheng, Liaoyang Sinopec, Hongye, Tianli, Yangmei Fengxi, Zhejiang Shuyang, Kailuan Group etc. Top 5 companies occupied about 47% market share.
We surveyed the Adipic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Adipic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Adipic Acid Market Segment Percentages, by Type, 2022 (%)
Cyclohexane Oxidation
Cyclohexene Oxidation
Phenol Hydrogenation
Global Adipic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Adipic Acid Market Segment Percentages, by Application, 2022 (%)
Nylon 6,6
Polyurethanes
Adipic Esters
Others
Global Adipic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Adipic Acid Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Adipic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Adipic Acid revenues share in global market, 2022 (%)
Key companies Adipic Acid sales in global market, 2018-2023 (Estimated), (MT)
Key companies Adipic Acid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Invista
Solvay
Ascend
BASF
Radici
Asahi Kasei
Lanxess
Haili
Huafon
Shenma Industrial
Hualu Hengsheng
Liaoyang Sinopec
Hongye
Tianli
Yangmei Fengxi
Zhejiang Shuyang
Kailuan Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Adipic Acid, market overview.
Chapter 2: Global Adipic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Adipic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Adipic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Adipic Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.