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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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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