Adipic Acid Market Poised for Strong Growth in 2025, Driven by Sustainable Innovations and Expanding Global Demand | DataM Intelligence

Market Overview:

The Global Adipic Acid Market is expected to grow at a 4.4% CAGR in the forecast period 2024-2031.

Adipic Acid Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Adipic Acid Market involves the production, distribution, and utilization of adipic acid, a key industrial chemical primarily used in manufacturing nylon 6,6, polyurethanes, and plasticizers. It also finds applications in coatings, adhesives, and food additives. Market growth is driven by demand in automotive, textiles, and industrial sectors, alongside sustainability-focused bio-based production advancements.

Industry News of USA and Japan:

United States:

Surge in bio-based adipic acid demand due to sustainability trends:

In the U.S., there's a growing shift toward green chemistry and renewable, bio-based adipic acid, driven by both market demand and federal decarbonization goals. Industries including automotive, textiles, packaging, and food & beverage are increasingly using bio-based solutions to meet strict environmental standards.

Japan:

Growing Emphasis on Eco-Friendly and Bio-Based Adipic Acid Driven by Policy and Sustainability Goals:

In Japan, the adipic acid market in 2025 is shaped by the government's aggressive push for net-zero emissions by 2050. This regulatory momentum, combined with demand from automotive, textile, construction, food & beverage, and packaging industries, is fueling adoption of bio-based adipic acid derived from renewable feedstocks.

Key Players:

Asahi Kasei Corporation
BASF SE
Invista
Lanxess AG
Radici group
Ascend Performance Materials LLC
DSM
Verdezyne
PetroChina Liaoyang Petrochemical
Shandong Haili chemical industry company
Rennovia
Sumitomo Chemical Co., Ltd
Rhodia.

Growth Forecast Projected:

The Global Adipic Acid Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Adipic Acid Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Market Segmentation:

By Application: Nylon 66 fiber, Nylon 66 resin, Polyurethane, Adipate Ester, Others.

By End User: Food industry, Automotive, Construction, Electrical appliances, Health care, Others (includes textiles).

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Adipic Acid market?

➠ Who are the leading manufacturers in the global Adipic Acid industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Adipic Acid industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Adipic Acid market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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