Adipic Acid Market : Global Industry Analysis and
Forecast 2016 - 2022
Persistence Market Research
Adipic Acid Market : Global Industry Analysis
and Forecast 2016 - 2022
Persistence Market Research
1
Adipic Acid Market : Global Industry Analysis and
Forecast 2016 - 2022
Persistence Market Research Released New Market Report on “Adipic Acid Market : Global
Industry Analysis and Forecast 2016 - 2022”.
Adipic acid is one of the most commercially important type of aliphatic dicarboxylic acids,
especially due to its significant usage as a feedstock for the production of industrial fibers. It is
produced from the oxidation of a mixture of cyclohexanol and cyclohexanone with nitric acid.
Alternatively, adipic acid can also be produced from butadiene carbonylation. There has been a
significant demand for chemically resilient, strong and durable fibers for the manufacture of
automotive parts. This has initiated a strong demand for adipic acid, since it is one of the key
ingredients for the production of composite materials. The major consumption of adipic acid is
as the feedstock for the production for nylon 6,6 resin and engineering fibers. The non-nylon
applications of adipic acid include its usage in the manufacture of polyurethanes, plasticizers,
food additives and pharmaceuticals.
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The escalating demand for adipic acid from automotive, electrical & electronics, consumer
goods and appliances industry is one of the chief drivers for the adipic acid market. The
extensive research and development in the textile production technology is also one of the key
factors influencing the adipic acid market. The companies are focusing on developing high
quality, durable, lightweight and high absorption capacity fibers which are capable of enduring
extreme conditions such as high temperatures and are chemically inert as well. The adipic acid
market has witnessed a significant growth in the recent decade and the trend is anticipated to
continue for the forecast period. However, the presence of stringent environmental regulations
in different regions and the rise of hybrid fibers is expected to restrain the adipic acid market.
Persistence Market Research
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Adipic Acid Market : Global Industry Analysis and
Forecast 2016 - 2022
The adipic acid market can be segmented in the basis of
On the basis of Application:
•
Fibers
Adipic Esters
Polyamide 66
Polyurethane
•
Engineering plastics
•
Automotive
•
Electrical appliances
•
Industrial
•
Film Coating
The adipic acid market can be segmented on the basis of the regions as North America, Latin
America, Asia Pacific, Europe and Middle East & Africa. In terms of production and consumption
Asia Pacific is the biggest market for the adipic acid. The chief markets in Asia Pacific region
include India and China, which are forecasted to exhibit double digit CAGR owing to relatively
relaxed regulation and high demand from the automotive manufacturers markets Followed by
Asia Pacific the next most promising region is Middle East and Africa, which will be a chief
participant in the adipic acid market in the coming years. Although North America is one of the
largest market for adipic acid in terms of consumption. However, the demand in this regions is
modest and is anticipated to exhibit modest growth over the forecast period. Europe is
anticipated to exhibit a modest growth in imminent years for adipic acid owing to its high
demand in the automotive industry, but the market in this region is limited due to the presence of
strict regulations.
Persistence Market Research
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Adipic Acid Market : Global Industry Analysis and
Forecast 2016 - 2022
Some of the key players include in the adipic acid market report include DSM, Ascend
Performance Materials Inc., BASF SE , Verdezyne, PetroChina Liaoyang Petrochemical
,Rennovia, Sumitomo Chemical Co., Ltd, Asahi Kasei Corporation, Invista, Lanxess Ag and
Rhodia
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The report covers exhaustive analysis on:
•
Adipic Acid Market Segments
•
Adipic Acid Market Dynamics
•
Historical Actual Market Size, 2012 - 2014
•
Adipic Acid Market Size & Forecast 2015 to 2025
•
Supply & Demand Value Chain
•
Adipic Acid Market Current Trends/Issues/Challenges
•
Competition & Companies involved
•
Technology
•
Value Chain
•
Adipic Acid Market Drivers and Restraints
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Persistence Market Research
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Adipic Acid Market : Global Industry Analysis and
Forecast 2016 - 2022
Regional analysis for Adipic Acid Market includes
•
North America
•
Latin America
•
Europe
•
Asia Pacific & Japan
•
The Middle East and Africa
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Report Highlights:
•
Shifting Industry dynamics
•
In-depth market segmentation
•
Historical, current and projected industry size Recent industry trends
•
Key Competition landscape
•
Strategies of key players and product offerings
•
Potential and niche segments/regions exhibiting promising growth
•
A neutral perspective towards market performance
Persistence Market Research
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Adipic Acid Market : Global Industry Analysis and
Forecast 2016 - 2022
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