Adipic Acid - Global Strategic Business Report

The global market for Adipic Acid is estimated at US$14.1 Billion in 2023 and is projected to reach US$18.2 Billion by 2030, growing at a CAGR of 3.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the adipic acid market is driven by several factors. Technological advancements in production processes enhance efficiency and yield, meeting the increasing demand for high-quality adipic acid. The expansion of industries such as automotive, textiles, chemicals, and food and beverage drives the demand for adipic acid. The growing emphasis on sustainability and the development of bio-based production methods address environmental concerns and regulatory requirements.

The rising use of adipic acid in emerging applications, such as in the production of biodegradable plastics and renewable chemicals, further propels market growth. Additionally, investments in research and development by manufacturers foster innovation and the introduction of advanced production technologies. These factors collectively drive the dynamic and rapidly evolving adipic acid market.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Nylon 6,6 Application segment, which is expected to reach US$10.1 Billion by 2030 with a CAGR of a 3.9%. The Polyurethanes Application segment is also set to grow at 4.1% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $3.8 Billion in 2023, and China, forecasted to grow at an impressive 6.3% CAGR to reach $3.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Adipic Acid Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Adipic Acid Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Adipic Acid Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Asahi Kasei Corporation, Ascend Performance Materials LLC, BASF SE, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 24 Featured):

• Asahi Kasei Corporation
• Ascend Performance Materials LLC
• BASF SE
• BioAmber Inc.
• Genomatica Inc.
• Huafon Group Co. Ltd.
• INVISTA
• LANXESS AG
• PetroChina Company Ltd.
• Radici Partecipazioni SpA
• Shandong Haili Chemical Industry Co. Ltd.
• Shandong Hongye Chemical Group Co. Ltd.
• Solvay SA
• Sumitomo Shoji Chemical Co. Ltd.
• Tokyo Chemical Industry Co. Ltd.
• Verdezyne, Inc.