Adipic Acid Market (Nylon 66 Fibers, Engineering Plastics (Nylon 66 Resin), Polyurethanes, Adipic/Adipate Esters (Plasticizers), Others) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 the global adipic acid market was valued at US$ 4,560.0 Mn in 2014 and is estimated to expand with a CAGR of 4.4% from 2015 to 2022.
The market for adipic acid is witnessing growth on the back of rising demand from automobile and electronic industry. The foremost application of adipic acid is to produce nylon. These materials are extensively used in the manufacture of automobile components to reduce total weight which increases fuel efficiency. Moreover improvement in infrastructures and growth of the housing in emerging economies such as India, China, Brazil, and Middle East will also drive the market demand for adipic acid.
More than half of the market pie is accounted by four major players. Market participants are investing heavily in R&D to developed different routes for the production of bio based adipic acids, as they are the future of the adipic acid market. Some of the key players present in this market are Invista, Asahi Kasei Corp., BASF SE, Petrochina Liaoyang Petrochemical,Ascend Performance Materials Inc. and Lanxess.
• Focus on enhancing bio based routes to produce adipic acid
• Increasing application scope for adipic acid
• Emphasis on developing different business growth strategies
Chapter 1 Preface
1.1 Report Description
1.2 Research scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Adipic Acid Market
2.2 Global Adipic Acid Market, By Application Type, 2014
2.3 Global Adipic Acid Market, By Geography
Chapter 3 Market Dynamics
3.1.1 Global Adipic Acid Market Revenue and Volume, 2014 – 2022, (US$ Mn) (Kilo Ton)
3.2 Market Inclination Insights
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 See-Saw Analysis
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