Adipic Acid Market Trends and Competitive Landscape Outlook to 2026
Future Market Insights has announced the addition of the “Adipic Acid Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.
Future Market Insights has announced the addition of the “Adipic Acid Market: Global Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.
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<strong>Adipic</strong> <strong>Acid</strong> <strong>Market</strong><br />
Share, Global <strong>Trends</strong>,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> Forecast,<br />
2016-<strong>2026</strong><br />
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Report Description<br />
<strong>Adipic</strong> acid is one of the most commercially important type of aliphatic carboxylic acids,<br />
especially due <strong>to</strong> its significant usage as a feeds<strong>to</strong>ck for the production of industrial fibers. It<br />
is produced from the oxidation of a mixture of cyclohexane <strong>and</strong> cyclohexane with nitric acid.<br />
Alternatively, adipic acid can also be produced from butadiene carboxylation. There has been<br />
a significant dem<strong>and</strong> for chemically resilient, strong <strong>and</strong> durable fibers for the manufacture<br />
of au<strong>to</strong>motive parts. This has initiated a strong dem<strong>and</strong> for adipic acid, since it is one of the<br />
key ingredients for the production of composite materials. The major consumption of adipic<br />
acid is as the feeds<strong>to</strong>ck for the production for nylon 6, 6 resin <strong>and</strong> engineering fibers. The<br />
non-nylon applications of adipic acid include its usage in the manufacture of polyurethanes,<br />
plasticizers, food additives <strong>and</strong> pharmaceuticals.<br />
The escalating dem<strong>and</strong> for adipic acid from au<strong>to</strong>motive, electrical & electronics, consumer<br />
goods <strong>and</strong> appliances industry is one of the chief drivers for the adipic acid market. The<br />
extensive research <strong>and</strong> development in the textile production technology is also one of the<br />
key fac<strong>to</strong>rs influencing the adipic acid market. The companies are focusing on developing<br />
high quality, durable, lightweight <strong>and</strong> high absorption capacity fibers which are capable of<br />
enduring extreme conditions such as high temperatures <strong>and</strong> are chemically inert as well. The<br />
adipic acid market has witnessed a significant growth in the recent decade <strong>and</strong> the trend is<br />
anticipated <strong>to</strong> continue for the forecast period. However, the presence of stringent<br />
environmental regulations in different regions <strong>and</strong> the rise of hybrid fibers is expected <strong>to</strong><br />
restrain the adipic acid market.<br />
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Report Description<br />
The adipic acid market can be segmented in the basis of<br />
On the basis of Application:<br />
• Fibers<br />
• <strong>Adipic</strong> Esters<br />
• Polyamide 66<br />
• Polyurethane<br />
• Engineering plastics<br />
• Au<strong>to</strong>motive<br />
• Electrical appliances<br />
• Industrial<br />
• Film Coating<br />
The adipic acid market can be segmented on the basis of the regions as North America, Latin<br />
America, APEJ, Japan, Eastern Europe, Western Europe <strong>and</strong> Middle East & Africa. In terms of<br />
production <strong>and</strong> consumption APEJ is the biggest market for the adipic acid. The chief<br />
markets in APEJ region include India <strong>and</strong> China, which are forecasted <strong>to</strong> exhibit double digit<br />
CAGR owing <strong>to</strong> relatively relaxed regulation <strong>and</strong> high dem<strong>and</strong> from the au<strong>to</strong>motive<br />
manufacturers markets Followed by APEJ the next most promising region is Middle East <strong>and</strong><br />
Africa, which will be a chief participant in the adipic acid market in the coming years.<br />
Although North America is one of the largest market for adipic acid in terms of consumption.<br />
However, the dem<strong>and</strong> in this regions is modest <strong>and</strong> is anticipated <strong>to</strong> exhibit modest growth
Report Description<br />
over the forecast period. Europe is anticipated <strong>to</strong> exhibit a modest growth in imminent years<br />
for adipic acid owing <strong>to</strong> its high dem<strong>and</strong> in the au<strong>to</strong>motive industry, but the market in this<br />
region is limited due <strong>to</strong> the presence of strict regulations<br />
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<strong>Adipic</strong> <strong>Acid</strong> <strong>Market</strong>: Key Players<br />
Some of the key players include in the adipic acid market report include DSM, Ascend<br />
Performance Materials Inc., BASF SE , Verdezyne, PetroChina Liaoyang<br />
Petrochemical,Rennovia, Sumi<strong>to</strong>mo Chemical Co., Ltd, Asahi Kasei Corporation, Invista,<br />
Lanxess Ag <strong>and</strong> Rhodia<br />
Full Report Analysis@ http://www.futuremarketinsights.com/reports/adipic-acid-market
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