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Adipic Acid Market: By End Product, By Application, By End User, and Region Forecast 2019-2030
Adipic Acid Market: By End Product, By Application, By End User, and Region Forecast 2019-2030
Adipic Acid Market size was valued at US$ 5,498.4 million in 2023 and is projected to grow at a CAGR of 4.3 % over 2024-2030. Adipic acid is a dicarboxylic acid primarily used in the production of nylon, polyurethanes, and various other industrial applications. It is widely employed as a precursor in the synthesis of polymers, resins, coatings, and other materials. Nylon fiber and plastic production significantly drive the demand for adipic acid as a fundamental component in the synthesis of nylon 6,6, a versatile polymer with wide-ranging applications. Adipic acid's role as a key building block in the creation of nylon 6,6 makes it essential for industries such as textiles, automotive, packaging, and consumer goods. This relationship is driven by the exceptional properties of nylon 6,6, including strength, durability, and heat resistance, making it suitable for products like clothing, automotive components, packaging materials, and more.
Moreover, the surge in industrialization within emerging markets acts as a robust driver for escalating revenues in the market by generating heightened demand for products hinging on nylon-based materials, intricately linked to adipic acid. The burgeoning automotive sector within these markets, coupled with urbanization and infrastructure development, accentuates the requirement for materials derived from adipic acid. The conventional manufacturing process for adipic acid involves using nitric acid, which produces nitrous oxide (N2O), a potent greenhouse gas. This environmental concern could potentially limit the market.
Meanwhile, the trend toward sustainability and reduced environmental impact is pushing industries to explore bio-based alternatives to traditional chemicals, which in turn creates further opportunities for the growth of the market. Adipic acid manufacturers are working on developing innovative solutions to cater to various end-use industries. For instance, in August 2022, Toray Industries, Inc., developed the world’s first 100% bio-based adipic acid, a raw material for nylon 66 (polyamide 66), from sugars derived from inedible biomass.
Study Period
2025-2031Base Year
2024CAGR
4.30%Largest Market
North-AmericaFastest Growing Market
Asia-Pacific
Increase in the demand from automotive industry is a key factor drive the growth of global adipic acid market over the forecast years. Majority of nylon-6,6 is synthesized from adipic acid. Polyurethanes and adipic acid esters, such as DiEthylhexyl Adipate (DOA) which are exploited as plasticizers for polyvinyl chloride (PVC) resins are the other major applications of adipic acids. Stringent environmental conditions like release of harmful fumes in the surrounding environment makes it necessary for the consumers to switch over to products with natural and safer attribute. Initiatives undertaken by government to curb harmful emission which can cause certain implications regarding health. These factors accelerates the growth of market.
North America is the largest market for adipidc acids. The growth in this region can be attributed the large supply of polymers in this region. Growing automobile industry fuels the market growth in North America. U.S. is the major contributor in this region with a considerable share of XX% in the market. Asia Pacific holds a significant position in the market. There is a rapid penetration of adipic acid in this region due to stumpy prices of promotions. Emerging economies like India, China is the largest manufacturers of adipic acid in this region, thereby contributing to the market growth.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2025-2031 |
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Market Size in 2023 |
US$ 5,498.4 million |
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Market CAGR |
4.30% |
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By Product Type |
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By Application |
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By End User |
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By Region |
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Download Free Sample Report
The global adipic acid market size was valued at US$ 5,498.4 million in 2023 and is projected to grow at a CAGR of 4.3 % from 2024-2030.
The development of bio-based adipic acid is one of the major trends in the market.
Growing industrialization and rising government investments are some of the key opportunities for companies to enhance their revenue over the forecast years.
| 1.Executive Summary |
| 2.Global Adipic Acid Market Introduction |
| 2.1.Global Adipic Acid Market - Taxonomy |
| 2.2.Global Adipic Acid Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Application |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Adipic Acid Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Adipic Acid Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Adipic Acid Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Nylon 66 Fibers |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Nilon 66 Engineering Resins |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Polyurethanes |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Adipate Esters |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Adipic Acid Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Unsaturated Polyester Resins |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Plasticizers |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Caotings |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Synthetic Lubricants |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Food Additives |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Wet Paper Resins |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Others |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 7.Global Adipic Acid Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Food and Beverage Industries |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Cosmetic Industries |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Textile Industries |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Paint and Coating Industries |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Adipic Acid Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Adipic Acid Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Nylon 66 Fibers |
| 9.1.2.Nilon 66 Engineering Resins |
| 9.1.3.Polyurethanes |
| 9.1.4.Adipate Esters |
| 9.1.5.Others |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Unsaturated Polyester Resins |
| 9.2.2.Plasticizers |
| 9.2.3.Caotings |
| 9.2.4.Synthetic Lubricants |
| 9.2.5.Food Additives |
| 9.2.6.Wet Paper Resins |
| 9.2.7.Others |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Food and Beverage Industries |
| 9.3.2.Cosmetic Industries |
| 9.3.3.Textile Industries |
| 9.3.4.Paint and Coating Industries |
| 9.3.5.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Adipic Acid Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Nylon 66 Fibers |
| 10.1.2.Nilon 66 Engineering Resins |
| 10.1.3.Polyurethanes |
| 10.1.4.Adipate Esters |
| 10.1.5.Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Unsaturated Polyester Resins |
| 10.2.2.Plasticizers |
| 10.2.3.Caotings |
| 10.2.4.Synthetic Lubricants |
| 10.2.5.Food Additives |
| 10.2.6.Wet Paper Resins |
| 10.2.7.Others |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Food and Beverage Industries |
| 10.3.2.Cosmetic Industries |
| 10.3.3.Textile Industries |
| 10.3.4.Paint and Coating Industries |
| 10.3.5.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Adipic Acid Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Nylon 66 Fibers |
| 11.1.2.Nilon 66 Engineering Resins |
| 11.1.3.Polyurethanes |
| 11.1.4.Adipate Esters |
| 11.1.5.Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Unsaturated Polyester Resins |
| 11.2.2.Plasticizers |
| 11.2.3.Caotings |
| 11.2.4.Synthetic Lubricants |
| 11.2.5.Food Additives |
| 11.2.6.Wet Paper Resins |
| 11.2.7.Others |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Food and Beverage Industries |
| 11.3.2.Cosmetic Industries |
| 11.3.3.Textile Industries |
| 11.3.4.Paint and Coating Industries |
| 11.3.5.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Adipic Acid Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Nylon 66 Fibers |
| 12.1.2.Nilon 66 Engineering Resins |
| 12.1.3.Polyurethanes |
| 12.1.4.Adipate Esters |
| 12.1.5.Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Unsaturated Polyester Resins |
| 12.2.2.Plasticizers |
| 12.2.3.Caotings |
| 12.2.4.Synthetic Lubricants |
| 12.2.5.Food Additives |
| 12.2.6.Wet Paper Resins |
| 12.2.7.Others |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Food and Beverage Industries |
| 12.3.2.Cosmetic Industries |
| 12.3.3.Textile Industries |
| 12.3.4.Paint and Coating Industries |
| 12.3.5.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Adipic Acid Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Nylon 66 Fibers |
| 13.1.2.Nilon 66 Engineering Resins |
| 13.1.3.Polyurethanes |
| 13.1.4.Adipate Esters |
| 13.1.5.Others |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Unsaturated Polyester Resins |
| 13.2.2.Plasticizers |
| 13.2.3.Caotings |
| 13.2.4.Synthetic Lubricants |
| 13.2.5.Food Additives |
| 13.2.6.Wet Paper Resins |
| 13.2.7.Others |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Food and Beverage Industries |
| 13.3.2.Cosmetic Industries |
| 13.3.3.Textile Industries |
| 13.3.4.Paint and Coating Industries |
| 13.3.5.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Asahi Kasei Corp |
| 14.2.2.Ascend Performance Materials |
| 14.2.3.China Shenma Group Co. Ltd. |
| 14.2.4.Command Chemical Corp |
| 14.2.5.Finetech Industry Ltd. |
| 14.2.6.Genomatica Inc |
| 14.2.7.Haihang Industry Co. Ltd |
| 14.2.8.Huafeng Group |
| 14.2.9.Itochu Chemical Frontier Corp |
| 14.2.10.Laxness |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.