Abstract
Summary
According to our LPI (LP Information) latest study, the global Adipic Acid market size was valued at US$ 5606.3 million in 2023. With growing demand in downstream market, the Adipic Acid is forecast to a readjusted size of US$ 7662.3 million by 2030 with a CAGR of 4.6% during review period.
The research report highlights the growth potential of the global Adipic Acid market. Adipic Acid are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Adipic Acid. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Adipic Acid market.
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.
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.
Key Features:
The report on Adipic Acid market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Adipic Acid market. It may include historical data, market segmentation by Type (e.g., Cyclohexane Oxidation, Cyclohexene Oxidation), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Adipic Acid market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Adipic Acid market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Adipic Acid industry. This include advancements in Adipic Acid technology, Adipic Acid new entrants, Adipic Acid new investment, and other innovations that are shaping the future of Adipic Acid.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Adipic Acid market. It includes factors influencing customer ' purchasing decisions, preferences for Adipic Acid product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Adipic Acid market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Adipic Acid market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Adipic Acid market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Adipic Acid industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Adipic Acid market.
Market Segmentation:
Adipic Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Cyclohexane Oxidation
Cyclohexene Oxidation
Phenol Hydrogenation
Segmentation by application
Nylon 6,6
Polyurethanes
Adipic Esters
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Invista
Solvay
Ascend
BASF
Radici
Asahi Kasei
Lanxess
Haili
Huafon
Shenma Industrial
Hualu Hengsheng
Liaoyang Sinopec
Hongye
Tianli
Yangmei Fengxi
Zhejiang Shuyang
Kailuan Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Adipic Acid market?
What factors are driving Adipic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Adipic Acid market opportunities vary by end market size?
How does Adipic Acid break out type, application?
The research report highlights the growth potential of the global Adipic Acid market. Adipic Acid are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Adipic Acid. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Adipic Acid market.
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.
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.
Key Features:
The report on Adipic Acid market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Adipic Acid market. It may include historical data, market segmentation by Type (e.g., Cyclohexane Oxidation, Cyclohexene Oxidation), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Adipic Acid market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Adipic Acid market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Adipic Acid industry. This include advancements in Adipic Acid technology, Adipic Acid new entrants, Adipic Acid new investment, and other innovations that are shaping the future of Adipic Acid.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Adipic Acid market. It includes factors influencing customer ' purchasing decisions, preferences for Adipic Acid product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Adipic Acid market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Adipic Acid market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Adipic Acid market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Adipic Acid industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Adipic Acid market.
Market Segmentation:
Adipic Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Cyclohexane Oxidation
Cyclohexene Oxidation
Phenol Hydrogenation
Segmentation by application
Nylon 6,6
Polyurethanes
Adipic Esters
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Invista
Solvay
Ascend
BASF
Radici
Asahi Kasei
Lanxess
Haili
Huafon
Shenma Industrial
Hualu Hengsheng
Liaoyang Sinopec
Hongye
Tianli
Yangmei Fengxi
Zhejiang Shuyang
Kailuan Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Adipic Acid market?
What factors are driving Adipic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Adipic Acid market opportunities vary by end market size?
How does Adipic Acid break out type, application?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Adipic Acid Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Adipic Acid by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Adipic Acid by Country/Region, 2019, 2023 & 2030
2.2 Adipic Acid Segment by Type
2.2.1 Cyclohexane Oxidation
2.2.2 Cyclohexene Oxidation
2.2.3 Phenol Hydrogenation
2.3 Adipic Acid Sales by Type
2.3.1 Global Adipic Acid Sales Market Share by Type (2019-2024)
2.3.2 Global Adipic Acid Revenue and Market Share by Type (2019-2024)
2.3.3 Global Adipic Acid Sale Price by Type (2019-2024)
2.4 Adipic Acid Segment by Application
2.4.1 Nylon 6,6
2.4.2 Polyurethanes
2.4.3 Adipic Esters
2.4.4 Others
2.5 Adipic Acid Sales by Application
2.5.1 Global Adipic Acid Sale Market Share by Application (2019-2024)
2.5.2 Global Adipic Acid Revenue and Market Share by Application (2019-2024)
2.5.3 Global Adipic Acid Sale Price by Application (2019-2024)
3 Global Adipic Acid by Company
3.1 Global Adipic Acid Breakdown Data by Company
3.1.1 Global Adipic Acid Annual Sales by Company (2019-2024)
3.1.2 Global Adipic Acid Sales Market Share by Company (2019-2024)
3.2 Global Adipic Acid Annual Revenue by Company (2019-2024)
3.2.1 Global Adipic Acid Revenue by Company (2019-2024)
3.2.2 Global Adipic Acid Revenue Market Share by Company (2019-2024)
3.3 Global Adipic Acid Sale Price by Company
3.4 Key Manufacturers Adipic Acid Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Adipic Acid Product Location Distribution
3.4.2 Players Adipic Acid Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Adipic Acid by Geographic Region
4.1 World Historic Adipic Acid Market Size by Geographic Region (2019-2024)
4.1.1 Global Adipic Acid Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Adipic Acid Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Adipic Acid Market Size by Country/Region (2019-2024)
4.2.1 Global Adipic Acid Annual Sales by Country/Region (2019-2024)
4.2.2 Global Adipic Acid Annual Revenue by Country/Region (2019-2024)
4.3 Americas Adipic Acid Sales Growth
4.4 APAC Adipic Acid Sales Growth
4.5 Europe Adipic Acid Sales Growth
4.6 Middle East & Africa Adipic Acid Sales Growth
5 Americas
5.1 Americas Adipic Acid Sales by Country
5.1.1 Americas Adipic Acid Sales by Country (2019-2024)
5.1.2 Americas Adipic Acid Revenue by Country (2019-2024)
5.2 Americas Adipic Acid Sales by Type
5.3 Americas Adipic Acid Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Adipic Acid Sales by Region
6.1.1 APAC Adipic Acid Sales by Region (2019-2024)
6.1.2 APAC Adipic Acid Revenue by Region (2019-2024)
6.2 APAC Adipic Acid Sales by Type
6.3 APAC Adipic Acid Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Adipic Acid by Country
7.1.1 Europe Adipic Acid Sales by Country (2019-2024)
7.1.2 Europe Adipic Acid Revenue by Country (2019-2024)
7.2 Europe Adipic Acid Sales by Type
7.3 Europe Adipic Acid Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Adipic Acid by Country
8.1.1 Middle East & Africa Adipic Acid Sales by Country (2019-2024)
8.1.2 Middle East & Africa Adipic Acid Revenue by Country (2019-2024)
8.2 Middle East & Africa Adipic Acid Sales by Type
8.3 Middle East & Africa Adipic Acid Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Adipic Acid
10.3 Manufacturing Process Analysis of Adipic Acid
10.4 Industry Chain Structure of Adipic Acid
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Adipic Acid Distributors
11.3 Adipic Acid Customer
12 World Forecast Review for Adipic Acid by Geographic Region
12.1 Global Adipic Acid Market Size Forecast by Region
12.1.1 Global Adipic Acid Forecast by Region (2025-2030)
12.1.2 Global Adipic Acid Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Adipic Acid Forecast by Type
12.7 Global Adipic Acid Forecast by Application
13 Key Players Analysis
13.1 Invista
13.1.1 Invista Company Information
13.1.2 Invista Adipic Acid Product Portfolios and Specifications
13.1.3 Invista Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Invista Main Business Overview
13.1.5 Invista Latest Developments
13.2 Solvay
13.2.1 Solvay Company Information
13.2.2 Solvay Adipic Acid Product Portfolios and Specifications
13.2.3 Solvay Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Solvay Main Business Overview
13.2.5 Solvay Latest Developments
13.3 Ascend
13.3.1 Ascend Company Information
13.3.2 Ascend Adipic Acid Product Portfolios and Specifications
13.3.3 Ascend Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Ascend Main Business Overview
13.3.5 Ascend Latest Developments
13.4 BASF
13.4.1 BASF Company Information
13.4.2 BASF Adipic Acid Product Portfolios and Specifications
13.4.3 BASF Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 BASF Main Business Overview
13.4.5 BASF Latest Developments
13.5 Radici
13.5.1 Radici Company Information
13.5.2 Radici Adipic Acid Product Portfolios and Specifications
13.5.3 Radici Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Radici Main Business Overview
13.5.5 Radici Latest Developments
13.6 Asahi Kasei
13.6.1 Asahi Kasei Company Information
13.6.2 Asahi Kasei Adipic Acid Product Portfolios and Specifications
13.6.3 Asahi Kasei Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Asahi Kasei Main Business Overview
13.6.5 Asahi Kasei Latest Developments
13.7 Lanxess
13.7.1 Lanxess Company Information
13.7.2 Lanxess Adipic Acid Product Portfolios and Specifications
13.7.3 Lanxess Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Lanxess Main Business Overview
13.7.5 Lanxess Latest Developments
13.8 Haili
13.8.1 Haili Company Information
13.8.2 Haili Adipic Acid Product Portfolios and Specifications
13.8.3 Haili Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Haili Main Business Overview
13.8.5 Haili Latest Developments
13.9 Huafon
13.9.1 Huafon Company Information
13.9.2 Huafon Adipic Acid Product Portfolios and Specifications
13.9.3 Huafon Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Huafon Main Business Overview
13.9.5 Huafon Latest Developments
13.10 Shenma Industrial
13.10.1 Shenma Industrial Company Information
13.10.2 Shenma Industrial Adipic Acid Product Portfolios and Specifications
13.10.3 Shenma Industrial Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Shenma Industrial Main Business Overview
13.10.5 Shenma Industrial Latest Developments
13.11 Hualu Hengsheng
13.11.1 Hualu Hengsheng Company Information
13.11.2 Hualu Hengsheng Adipic Acid Product Portfolios and Specifications
13.11.3 Hualu Hengsheng Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Hualu Hengsheng Main Business Overview
13.11.5 Hualu Hengsheng Latest Developments
13.12 Liaoyang Sinopec
13.12.1 Liaoyang Sinopec Company Information
13.12.2 Liaoyang Sinopec Adipic Acid Product Portfolios and Specifications
13.12.3 Liaoyang Sinopec Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Liaoyang Sinopec Main Business Overview
13.12.5 Liaoyang Sinopec Latest Developments
13.13 Hongye
13.13.1 Hongye Company Information
13.13.2 Hongye Adipic Acid Product Portfolios and Specifications
13.13.3 Hongye Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Hongye Main Business Overview
13.13.5 Hongye Latest Developments
13.14 Tianli
13.14.1 Tianli Company Information
13.14.2 Tianli Adipic Acid Product Portfolios and Specifications
13.14.3 Tianli Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Tianli Main Business Overview
13.14.5 Tianli Latest Developments
13.15 Yangmei Fengxi
13.15.1 Yangmei Fengxi Company Information
13.15.2 Yangmei Fengxi Adipic Acid Product Portfolios and Specifications
13.15.3 Yangmei Fengxi Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Yangmei Fengxi Main Business Overview
13.15.5 Yangmei Fengxi Latest Developments
13.16 Zhejiang Shuyang
13.16.1 Zhejiang Shuyang Company Information
13.16.2 Zhejiang Shuyang Adipic Acid Product Portfolios and Specifications
13.16.3 Zhejiang Shuyang Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Zhejiang Shuyang Main Business Overview
13.16.5 Zhejiang Shuyang Latest Developments
13.17 Kailuan Group
13.17.1 Kailuan Group Company Information
13.17.2 Kailuan Group Adipic Acid Product Portfolios and Specifications
13.17.3 Kailuan Group Adipic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Kailuan Group Main Business Overview
13.17.5 Kailuan Group Latest Developments
14 Research Findings and Conclusion