Los Angeles, CA -- (SBWire) -- 09/04/2019 --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.
The global 2015 adipic acid production reached about 3059391 MT in 2015 from about 2485166 MT in 2011 with an average growth rate of 5.53%. China is the biggest production base, which holds 32.99% production share in 2015.
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China, North America, EU and Asia (ex. China) are the main consumption bases, while China holds 28.83% consumption share, North America holds 23.92%, EU holds 23.45%, and Asia (ex. China) holds 14.34% consumption share in 2015. They occupy 90.54% of the global consumption in total.
The global Adipic Acid market was 4790 million US$ in 2018 and is expected to 6730 million US$ by the end of 2025, growing at a CAGR of 4.4% between 2019 and 2025.
This report studies the Adipic Acid market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Key Players of the Global Adipic Acid Market
Invista, Solvay, Ascend, BASF, Radici, Asahi Kasei, Lanxess, Haili, Huafon, Shenma Industrial, Hualu Hengsheng, Liaoyang Sinopec, Hongye, Tianli, Yangmei Fengxi, Zhejiang Shuyang, Kailuan Group
Global Adipic Acid Market: Segmentation by Product
Cyclohexane Oxidation, Cyclohexene Oxidation, Phenol Hydrogenation
Global Adipic Acid Market: Segmentation by Application
Nylon 6,6, Polyurethanes, Adipic Esters, Others
Global Adipic Acid Market: Segmentation by Region
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Table of Contents
Market Overview: The report begins with this section where product overview and highlights of product and application segments of the global Adipic Acid market are provided. Highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.
Competition by Company: Here, the competition in the global Adipic Acid market is analyzed, taking into consideration price, revenue, sales, and market share by company, market concentration rate, competitive situations and trends, expansion, merger and acquisition, and market shares of top 5 and 10 companies.
Company Profiles and Sales Data: As the name suggests, this section gives the sales data of key players of the global Adipic Acid market as well as some useful information on their business. It talks about the gross margin, price, revenue, products and their specifications, applications, competitors, manufacturing base, and the main business of players operating in the global Adipic Acid market.
Market Status and Outlook by Region: In this section, the report discusses about gross margin, sales, revenue, production, market share, CAGR, and market size by region. Here, the global Adipic Acid market is deeply analyzed on the basis of regions and countries such as North America, Europe, China, India, Japan, and the MEA.
Application or End User: This part of the research study shows how different application segments contribute to the global Adipic Acid market.
Market Forecast: Here, the report offers complete forecast of the global Adipic Acid market by product, application, and region. It also offers global sales and revenue forecast for all years of the forecast period.
Upstream Raw Materials: The report provides analysis of key raw materials used in the global Adipic Acid market, manufacturing cost structure, and the industrial chain.
Marketing Strategy Analysis and Distributors: This section offers analysis of marketing channel development trends, indirect marketing, and direct marketing followed by a broad discussion on distributors and downstream customers in the global Adipic Acid market.
Research Findings and Conclusion: This is one of the last sections of the report where the findings of the analysts and the conclusion of the research study are provided.
Appendix: Here, we have provided a disclaimer, our data sources, data triangulation, market breakdown, research programs and design, and our research approach.
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Global Adipic Acid Market Will Reach 6730 Million US$ by 2025: Top Key Players Invista, Solvay, Ascend, BASF