Adipic acid market

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Adipic Acid Market Share, Size, Analysis, Growth, Trends and Forecasts to 2020 | Hexa Research

“Adipic acid market is estimated to reach around U7, 538 million till 2020�

The global Adipic Acid Market is projected to witness a huge growth at a compound annual growth rate (CAGR) of more than 3% during the estimated period. Adipic acid is widely utilized as a prerequisite component in nylon manufacturing, which has a huge application scope in the automotive market.

The growing scope for adipic acid in low-temperature lubricants, synthetic fibers, and coatings & paints will positively impact the market. Moreover, the rising demand for coatings & paints due to the growing infrastructure expenditure is also expected to spur the market growth.

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Your Catalyst to a Lucrative Business However, the growing concern towards the environment is likely to hamper market growth, forcing the market players to opt for bio-based adipic acid. Bio-based manufacturing of this compound will gain popularity owing to its low prices, compared to synthetic manufacturing.

Adipic acid is used in polymer production, rendering it highly useful in the chemical industry. Its other major applications are plasticizers, coatings, and detergents. It can also be utilized in various customer -specific items like dishwashing machine tablets. This compound also finds its use in laboratory chemicals as an additive. The extensive nylon 6-6 application in the automotive market is also projected to spur the adipic acid market growth. Moreover, it is utilized in electronics and textiles industries as well; t herefore, the growth of these industries is likely to fuel the market growth.

Geographically, the Asia-Pacific region is expected to maintain its dominance over the forecast period.

Increasing end-use industries (such as electronics, footwear, and automotive) in countries such as India and China are projected to act as a driving factor for the global market.

The European region is likely to witness a rapid growth in the near future. However, the rising ecological concerns along with stringent government policies are likely to limit the industry growth in this region. The North America region is expected to exhibit a sluggish growth rate due to saturation in several end -use markets. Other regions projected to have successful regional markets for adipic acid are Russia and Latin America.

Some of the major companies operating in the global adipic acid market are Shandong Haili Chemical Industry Co. Ltd., Solvay SA., Asahi Kasei Corporation, and Ascend Performance Materials LLC.

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Your Catalyst to a Lucrative Business Table of Content of Adipic Acid Market

Chapter 1 Executive Summary 1.1 Adipic Acid - Industry Summary & Critical Success Factors (CSFs) Chapter 2 Adipic Acid Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Adipic Acid - Value Chain Analysis 2.4 Adipic Acid Market Dynamics 2.5 Key Opportunities Prioritized 2.6 Industry Analysis - Porter's 2.7 Adipic Acid - Company Market Share Analysis 2.8 Adipic Acid - PESTEL Analysis Chapter 3 Adipic Acid Application Outlook 3.1 Nylon 6,6 Fiber 3.2 Nylon 6,6 Resin 3.3 Polyurethane 3.4 Adipate Esters 3.5 Other Chapter 4 Adipic Acid Regional Outlook 4.1 North America 4.2 Europe 4.3 Asia Pacific 4.4 RoW Chapter 5 Bio-Based Adipic Acid 5.1 Synthesis of Bio-Based Adipic Acid 5.2 Bio-Based Adipic Acid - Value Chain Analysis 5.3 Bio-Based Adipic Acid - Market Scenario & Key Developments 5.4 Key Market Participants Chapter 6 Adipic acid - Competitive landscape 6.1 Ascend Performance Materials 6.2 Asahi Kasei 6.3 BASF 6.4 INVISTA 6.5 Lanxess AG 6.6 Liaoyang Petrochemical 6.7 Petro China Company Limited 6.8 Radici 6.9 Rhodia 6.10 Shangdong Haili (Bohui) 6.11 Sumitomo Chemical Co., Ltd

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Your Catalyst to a Lucrative Business Chapter 7 Methodology and Scope 7.1 Research Methodology 7.2 Research Scope & Assumption 7.3 List of Data Sources

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Your Catalyst to a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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