The study methodologies used to examine Adipic Acid market for the forecast period, 2019 - 2026 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.
New York, NY -- (SBWIRE) -- 05/14/2019 -- Adipic acid is a white crystalline, mildly toxic compound with carbon isomeric bonds. This C6 straightchain dicarboxylic acid is slightly soluble in water and completely soluble in alcohol and acetone. This acid is used primarily as a precursor to produce polyamide. It is also used to give some imitation food products a pungent flavor and in the fabrication of some low-temperature synthetic lubricants, synthetic fibers, coatings, plastics, polyurethane resins and plasticizers. It has a tart taste and is used as a gelling agent and additive in jello or gelatins. It is insoluble in water. It is the most important dicarboxylic acid and is mainly used as a precursor to produce polyamide 6/6.
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This report focuses on the global top players which are
ALFA AESAR, THERMO FISHER SCIENTIFIC, ASAHI KASEI CORP., ASCEND PERFORMANCE MATERIALS, BASF SE, CHINA SHENMA GROUP CO. LTD., COMMAND CHEMICAL CORP., FINETECH INDUSTRY LTD., GENOMATICA INC., HAIHANG INDUSTRY CO. LTD., HUAFENG GROUP, ITOCHU CHEMICAL FRONTIER CORP., INVISTA, LANXESS, MP BIOMEDICALS LLC
Adipic acid Market split by Type, can be divided into:
- Synthetic Adipic Acid
- Production Process of Synthetic Adipic Acid
- Bio-Based Adipic Acid
Adipic acid is used in many end-use applications such as:
- electrical and electronics
- synthetic leather
- shoe soles; sporting goods
- packaging films and coatings
- food and beverage/pharmaceuticals
By region, the market is divided into:
Asia-Pacific, North America, Europe, South America and the Middle East and Africa.
Sales of adipic acid products are projected to continue growing at a healthy rate during the next five years, driven by increasing demand from engine covers, air-intake manifolds, armrests, cushions, mirror brackets and radiator end tanks in the automotive sector; connectors, relays, switches, plugs, coil bobbins, and buttons and knobs in the electrical and electronics sector; midsoles, boots, cleats, plates and leather shoes for the shoe soles sector; and bags, sofas, gloves and door panels for the synthetic leather sector.
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How geography and sales fit together
The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. Adipic Acid enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:
- Where do the requirements come from?
- Where do non-potential customers reside?
- What is the buying behaviour of the customers dwelling in a particular area?
- What is the spending power of the customers in a specific region?
The specialist consulting approach adopted to study the Adipic Acid market by size, share. and growth form an important part of this market intelligence report. Expertise research specialist not only weight upon the company profiles of the major vendors but also significant aspects such as import and export status, supply chain management, demand and supply and distribution channel. Vital statistics on product positioning, consumption volume, a dramatic shift in consumer preferences, spending power and other are explained through resources including charts, graphs, and infographics.
The research provides answers to the following key questions:
- What will be the size of the market and the growth rate for the forecast period? 2018 - 2023?
- Which key driving forces will keep create more opportunities for the Adipic Acid market in years to come?
- Which are the most prominent players operating in the Adipic Acid market? What have been their winning strategies so far?
- Which trends from the yesteryears or the future are likely to shape the progress of the Adipic Acid market across different regions?
- What are the threats and challenges that can act like a barrier and restrict the development of the Adipic Acid market?
- What are the future opportunities for prominent market players?
- 78 data tables and 25 additional tables
- Country specific data and analysis for U.S., Canada, Mexico, Germany, Italy, France, China, India, Japan, Brazil, Argentina, Saudi Arabia and UAE
- Complete understanding of Polyamide 66 and its application in the automotive industry
- Detailed description of synthetic and bio-based adipic acids and their manufacturing process
- Insights of government regulations affecting adipic acid industry
- Profiles of major companies in the industry, including Arkema, Evonik, Lanxess, Sumitomo Chemical Co. Ltd., Koninklijke DSM N.V., Mitsui Chemicals Inc and The Dow Chemical Co."
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