Adipic Acid Market

Adipic acid is a white, crystalline, slightly water-soluble solid with the formula (CH2)4(COOH)2. It is the most important of the commercially available aliphatic dicarboxylic acids from the industrial perspective. Commercial adipic acid is produced from cyclohexane, cyclohexene, or phenol. Nylon 66 is the largest application segment of adipic acid. The increasing demand of automotive industry, electrical & electronics industry and footwear industry is anticipated to drive the demand of adipic acid. It is also used in polyurethane, adipic esters, plasticizers, food additives, and pharmaceuticals.

Adipic Acid Market contains market size and forecasts of Adipic Acid in global, including the following market information:

Global Adipic Acid Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Adipic Acid Market Sales, 2017-2022, 2023-2028, (MT)

Global top five Adipic Acid companies in 2021 (%)

The global Adipic Acid market was valued at 5896.8 million in 2021 and is projected to reach US$ 7870.6 million by 2028, at a CAGR of 4.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Cyclohexane Oxidation Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Adipic Acid include Invista, Solvay, Ascend, BASF, Radici, Asahi Kasei, Lanxess, Haili and Huafon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Adipic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Adipic Acid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Adipic Acid Market Segment Percentages, by Type, 2021 (%)

Cyclohexane Oxidation

Cyclohexene Oxidation

Phenol Hydrogenation

Global Adipic Acid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Adipic Acid Market Segment Percentages, by Application, 2021 (%)

Nylon 6,6

Polyurethanes

Adipic Esters

Others

Global Adipic Acid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Adipic Acid Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Adipic Acid revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Adipic Acid revenues share in global market, 2021 (%)

Key companies Adipic Acid sales in global market, 2017-2022 (Estimated), (MT)

Key companies Adipic Acid sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Invista

Solvay

Ascend

BASF

Radici

Asahi Kasei

Lanxess

Haili

Huafon

Shenma Industrial

Hualu Hengsheng

Liaoyang Sinopec

Hongye

Tianli

Yangmei Fengxi

Zhejiang Shuyang

Kailuan Group