Global Adipic Acid Market is Expected to Reach a Valuation of USD 8.58 Billion by 2027

Adipic acid market is estimated to grow at 4.03% for 2020-2027 with factors such as fluctuation in raw material prices along with strict environmental regulations which will likely to impede the growth of the market in emerging economies.

Adipic acid market has shown an exceptional penetration in developed economies in North America. Increasing growth of automobile industry along with prevalence of supply hub for engineered polymers which will likely to enhance the growth of the market.

Adipic Acid Market Scenario

According to Data Bridge Market Research the adipic acid market is attaining a significant growth in developing economies during the forecast period of 2020-2027 due to factors such as increasing preferences of durable and lightweight products in construction, automotive and electronics industry, expansion of construction industry for the production of insulation materials, housing electronics and exterior panels, increasing usage of bio-adipic acid commercially, rising demand due to environmental friendly process of chemicals which will help in boosting the growth of the market.

Now the question is which are the other regions that adipic acid market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific adipic acid market in the forecast period of 2020-2027. The Data bridge market research new reports highlight the major growth factors and opportunities in the adipic acid market.  

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Scope of the Adipic Acid Market

Adipic acid market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the adipic acid market is further analyzed based on maximum granularity into further segmentation. On the basis of raw material, the market is segmented into cyclohexanol, and cyclohexanone. Based on end product, the market is segmented into nylon 66 fibers, nylon 66 engineering resins, polyurethanes, adipate esters, and other end products. Based on end-user industry, the market is segmented into automotive, electrical and electronics, textiles, food and beverages, personal care, pharmaceutical, and other end-user industries. Based on application, the market is segmented into plasticizers, unsaturated polyester resins, wet paper resins, coatings, synthetic lubricants, food additives, and other applications.  
  • Adipic acid is a white crystalline solid, also known as hexanedioic acid that melts at 152 ° C. In the polymer industry, it is one of the most important monomers used. Adipic acid is an organic acid that has six atoms of carbon in it. The terminal carbons in the chain also have two carboxylate groups (-COOH) attached to them. 

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Key Pointers Covered in the Adipic Acid Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Ascend Performance Materials
  • Asahi Kasei Corporation.
  • BASF SE
  • INVISTA.
  • LANXESS
  • PetroChina Company Limited
  • Radici Partecipazioni SpA
  • Solvay
  • Sumitomo Chemical Co., Ltd.
  • DSM
  • TCI Chemicals (India) Pvt. Ltd
  • huafeng group
  • Tangshan Zhonghao Chemical Co., Ltd.
  • Tian Li High & New Tech. Co., Ltd

Above are the key players covered in the report, to know about more and exhaustive list of adipic acid companies,’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-adipic-acid-market

Research Methodology: Global Adipic Acid Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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