Global Adipic Acid Market Outlook

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Adipic Acid Market Analysis, Size, Share, Growth, Industry
Insights and Forecast to 2020 | Hexa Research
“Global Adipic Acid Market is expected to experience
significant growth by 2020 on account of increasing
industrial applications.”
Adipic Acid Market is estimated to go through momentous growth globally. This industry is estimated to
reach around USD 7, 538 million till 2020. This acid is produced using petroleum derived products like phenol,
benzene and cyclohexane. Adipic acid which is generally used in production of Nylon is also manufactured in
Automobile industry. Adipic acid is majorly used for Nylon fibres, Nylon Resin, paints and coatings.
Cyclohexane accounts for over 80% of Adipic acid which is produced globally. Due to shift in hydrocarbons
market, phenol used a primarily for production of adipic acid is replaced by cyclohexane. Polyutherane is
considered to be one of the rapid growing applications in thermal insulation.
The fastest growing market for Adipic acid to be is Polyutherane with expected CAGR of 5.2% from 2015 to
2020. Growing demand for Nylon fibres in automobile industry is the major reason for rise in demand of
adipic acid market in recent years. Nations like Russia, China, India and Brazil is expected to counter the
positive impact in adipic acid market over next five years. North American market is expected to hit USD over
1.6 billion by 2019 with CAGR of 6.2% from 2015 to 2020.Adipic acid is also used as the gelling aid and
flavorant in food industry. With increasing concern regarding environmental protection, Synthetic acid has
now been focused towards the production of Bio based Adipic acid. These bio based adipic acid are produced
using Glucose, which are environmental friendly. Bio based adipic acid require low capital inv estment as
compared to Synthetic Adipic acid.
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Asia Pacific Market, currently the leading regional market for Adipic acid is projected to be fastest growing
market. Growth of electronics market in China is motivating the market growth of Adipic Acid in Asia Pacific.
After Asia Pacific, Europe is the largest market for the Adipic acid, Use of Synthetic adipic acid in Europe, is
affecting the Adipic acid market in China. Bio based Adipic acid holds around 16% lower utilities cost and
around 30% lower manufacturing cost as compared to the Petroleum based adipic acid.
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Table of Content of Adipic Acid Market
Chapter 1 Executive Summary
1.1 Adipic Acid - Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Adipic Acid Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Adipic Acid - Value Chain Analysis
2.4 Adipic Acid Market Dynamics
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Adipic Acid - Company Market Share Analysis
2.8 Adipic Acid - PESTEL Analysis
Chapter 3 Adipic Acid Application Outlook
3.1 Nylon 6,6 Fiber
3.2 Nylon 6,6 Resin
3.3 Polyurethane
3.4 Adipate Esters
3.5 Other
Chapter 4 Adipic Acid Regional Outlook
4.1 North America
4.2 Europe
4.3 Asia Pacific
4.4 RoW
Chapter 5 Bio-Based Adipic Acid
5.1 Synthesis of Bio-Based Adipic Acid
5.2 Bio-Based Adipic Acid - Value Chain Analysis
5.3 Bio-Based Adipic Acid - Market Scenario & Key Developments
5.4 Key Market Participants
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Chapter 6 Adipic acid - Competitive landscape
6.1 Ascend Performance Materials
6.2 Asahi Kasei
6.3 BASF
6.4 INVISTA
6.5 Lanxess AG
6.6 Liaoyang Petrochemical
6.7 Petro China Company Limited
6.8 Radici
6.9 Rhodia
6.10 Shangdong Haili (Bohui)
6.11 Sumitomo Chemical Co., Ltd
Chapter 7 Methodology and Scope
7.1 Research Methodology
7.2 Research Scope & Assumption
7.3 List of Data Sources
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Global adipic acid market is expected to experience significant growth over the next six years on account of increasing industrial applications.

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