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.
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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.
Adipic Acid Market: Key Players
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
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
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Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
Adipic Acid Market
The adipic acid market can be segmented in the basis of Application
- Fibers
- Adipic Esters
- Polyamide 66
- Polyurethane
- Engineering plastics
- Automotive
- Electrical appliances
- Industrial
- Film Coating
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