Adipic Acid Market: By End Product (Nylon 66 Fibers, Nilon 66 Engineering Resins, Polyurethanes, Adipate Esters, Others), By Application (Unsaturated Polyester Resins, Plasticizers, Caotings, Synthetic Lubricants, Food Additives, Wet Paper Resins, Others), By End User (Food and Beverage Industries, Cosmetic Industries, Textile Industries, Paint and Coating Industries, Others), and Geography  

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Adipic Acid Market size was valued at USD 5,498.4 million in 2022 and is anticipated to grow at a CAGR of 4.3 % over 2023-2029. 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 adipic acid 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 adipic acid 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 adipic acid 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.

Adipic Acid Market Key Developments:  
  • In March 2022, Genomatica partnered with Asahi Kasei to commercialize renewably sourced nylon 6,6 made from Genomatica’s bio-based HMD and adipic acid.
  • In January 2020, DOMO Chemicals acquired Solvay’s Performance Polyamides Business in Europe to broaden its product portfolio.
 

Global Adipic Acid Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.30%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Adipic Acid Market Dynamics

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.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Global Adipic Acid Market Segmentation

By Product Type
  • Nylon 66 Fibers
  • Nilon 66 Engineering Resins
  • Polyurethanes
  • Adipate Esters
  • Others
By Application
  • Unsaturated Polyester Resins
  • Plasticizers
  • Caotings
  • Synthetic Lubricants
  • Food Additives
  • Wet Paper Resins
  • Others
By End User
  • Food and Beverage Industries
  • Cosmetic Industries
  • Textile Industries
  • Paint and Coating Industries
  • Others

Frequently Asked Questions

The adipic acid market size was valued at USD 5,498.4 million in 2022

The development of bio-based adipic acid is one of the major trends in the adipic acid 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
    • Global Adipic Acid Market Taxonomy
    • Global Adipic Acid Market Definitions
      • Product Type
      • Application
      • End User
  3. Global Adipic Acid Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Adipic Acid Market Dynamic Factors - Impact Analysis
    • Global Adipic Acid Market Competition Landscape
  4. Global Adipic Acid Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  5. Global Adipic Acid Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Nylon 66 Fibers
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Nylon 66 Engineering Resins
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polyurethanes
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Adipate Esters
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Adipic Acid Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Unsaturated Polyester Resins
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Plasticizers
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Coatings
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Synthetic Lubricants
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Food Additive
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Wet Paper Resin
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Adipic Acid Market, By End User, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • Food and Beverage Industries
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Cosmetic Industries
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Textile Industries
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Paint and Coatings Industries
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Adipic Acid Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Adipic Acid Market - Opportunity Analysis Index, By Product Type, Application, End User and Region, 2023 - 2029
  2. North America Adipic Acid Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Nylon 66 Fibers
      • Nilon 66 Engineering Resins
      • Polyurethanes
      • Adipate Esters
      • Others
    • By Application Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Unsaturated Polyester Resins
      • Plasticizers
      • Caotings
      • Synthetic Lubricants
      • Food Additives
      • Wet Paper Resins
      • Others
    • By End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Food and Beverage Industries
      • Cosmetic Industries
      • Textile Industries
      • Paint and Coating Industries
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Adipic Acid Market - Opportunity Analysis Index, By Product Type, Application, End User and Country, 2023 - 2029
    • North America Adipic Acid Market Dynamics Trends
  3. Europe Adipic Acid Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Nylon 66 Fibers
      • Nilon 66 Engineering Resins
      • Polyurethanes
      • Adipate Esters
      • Others
    • By Application Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Unsaturated Polyester Resins
      • Plasticizers
      • Caotings
      • Synthetic Lubricants
      • Food Additives
      • Wet Paper Resins
      • Others
    • By End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Food and Beverage Industries
      • Cosmetic Industries
      • Textile Industries
      • Paint and Coating Industries
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Rest of Europe
    • Europe Adipic Acid Market - Opportunity Analysis Index, By Product Type, Application, End User and Country, 2023 - 2029
    • Europe Adipic Acid Market Dynamics Trends
  4. Asia-Pacific Adipic Acid Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Nylon 66 Fibers
      • Nilon 66 Engineering Resins
      • Polyurethanes
      • Adipate Esters
      • Others
    • By Application Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Unsaturated Polyester Resins
      • Plasticizers
      • Caotings
      • Synthetic Lubricants
      • Food Additives
      • Wet Paper Resins
      • Others
    • By End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Food and Beverage Industries
      • Cosmetic Industries
      • Textile Industries
      • Paint and Coating Industries
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Rest of Asia-Pacific
    • Asia-Pacific Adipic Acid Market - Opportunity Analysis Index, By Product Type, Application, End User and Country, 2023 - 2029
    • Asia-Pacific Adipic Acid Market Dynamics Trends
  5. Latin America Adipic Acid Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Nylon 66 Fibers
      • Nilon 66 Engineering Resins
      • Polyurethanes
      • Adipate Esters
      • Others
    • By Application Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Unsaturated Polyester Resins
      • Plasticizers
      • Caotings
      • Synthetic Lubricants
      • Food Additives
      • Wet Paper Resins
      • Others
    • By End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Food and Beverage Industries
      • Cosmetic Industries
      • Textile Industries
      • Paint and Coating Industries
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Chile
      • Rest of Latin America
    • Latin America Adipic Acid Market - Opportunity Analysis Index, By Product Type, Application, End User and Country, 2023 - 2029
    • Latin America Adipic Acid Market Dynamics Trends
  6. Middle East and Africa Adipic Acid Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn), Volume (000’ MT)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Nylon 66 Fibers
      • Nilon 66 Engineering Resins
      • Polyurethanes
      • Adipate Esters
      • Others
    • By Application Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Unsaturated Polyester Resins
      • Plasticizers
      • Caotings
      • Synthetic Lubricants
      • Food Additives
      • Wet Paper Resins
      • Others
    • By End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Food and Beverage Industries
      • Cosmetic Industries
      • Textile Industries
      • Paint and Coating Industries
      • Others
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • South Africa
      • Gulf Cooperation Council (GCC) Countries
      • Rest of MEA
    • MEA Adipic Acid Market - Opportunity Analysis Index, By Product Type, Application, End User and Country, 2023 - 2029
    • MEA Adipic Acid Market Dynamics Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Asahi Kasei Corp
      • Ascend Performance Materials
      • China Shenma Group Co. Ltd.
      • Command Chemical Corp
      • Finetech Industry Ltd.
      • Genomatica Inc
      • Haihang Industry Co. Ltd
      • Huafeng Group
      • Itochu Chemical Frontier Corp
      • Laxness
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Asahi Kasei Corp
  • Ascend Performance Materials
  • China Shenma Group Co. Ltd.
  • Command Chemical Corp
  • Finetech Industry Ltd.
  • Genomatica Inc
  • Haihang Industry Co. Ltd
  • Huafeng Group
  • Itochu Chemical Frontier Corp
  • Laxness

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