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.
The global 2015 adipic acid production reached about 3059391 MT in 2015 from about 2485166 MT in 2011 with an average growth rate of 5.53%. China is the biggest production base, which holds 32.99% production share in 2015.
China, North America, EU and Asia (ex. China) are the main consumption bases, while China holds 28.83% consumption share, North America holds 23.92%, EU holds 23.45%, and Asia (ex. China) holds 14.34% consumption share in 2015. They occupy 90.54% of the global consumption in total.
According to this study, over the next five years the Adipic Acid market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 6110 million by 2024, from US$ 4790 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Adipic Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Adipic Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Adipic Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Cyclohexane Oxidation
Cyclohexene Oxidation
Phenol Hydrogenation
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Nylon 6,6
Polyurethanes
Adipic Esters
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Invista
Solvay
Ascend
BASF
Radici
Asahi Kasei
Lanxess
Haili
Huafon
Shenma Industrial
Hualu Hengsheng
Liaoyang Sinopec
Hongye
Tianli
Yangmei Fengxi
Zhejiang Shuyang
Kailuan Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Adipic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Adipic Acid market by identifying its various subsegments.
Focuses on the key global Adipic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Adipic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Adipic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Adipic Acid . Industry analysis & Market Report on Adipic Acid is a syndicated market report, published as Global Adipic Acid Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Adipic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.