Please Wait.....
Report
Adipic Acid - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 120 Pages I Mordor Intelligence
The Adipic Acid Market is expected to register a CAGR of greater than 3% during the forecast period.
Key Highlights
- The growing electronics market and increased use of personal care products are fueling the market growth.
- Stringent environmental regulations regarding production are expected to hinder the market's growth.
- The Asia-Pacific region is expected to dominate the market during the forecast period owing to its growing development in major countries such as India, China, and Japan.
Adipic Acid Market Trends
Increasing Demand from the Automotive Industry
- Adipic acid is mainly used as a monomer in producing polyamide 6.6 pellets and other polyamides or polymers in engineering plastics and as polyurethane for flexible and semi-rigid foams.
- Nylon 66, manufactured from adipic acid, is used primarily for its superior mechanical, temperature-resistant, and lightweight properties in the automotive industry. Also, polyamide is used in producing glass-reinforced plastics-based structural parts, air intake manifolds, engine covers, rocker valve covers, airbag containers, and various other interior and exterior automotive parts.
- The increased demand for lightweight engineering plastic is expected to drive the adipic acid market's growth. Due to current environmental and economic concerns, automobile manufacturers are incorporating more advanced plastic materials to reduce weight and make vehicles more fuel-efficient.
- The high absorption properties of plastics also allow the vehicle to meet stricter safety standards. In contrast, using polyamides such as nylon 6 and nylon 6,6 provides for the depreciation of the mass of parts used in vehicles as they offer more design freedom than metals.
- The increasing number of light and electric vehicles directly impacts engineering plastic consumption, which, in turn, is anticipated to drive the demand for adipic acid over the long term during the forecast period. According to the China Association of Automobile Manufacturing, the production of New Energy Vehicles in the country witnessed a year-on-year increase of 96.9% in December 2022.
- The factors mentioned above are expected to contribute to the growth of the adipic acid market in the automotive segment during the forecast period.
Asia-Pacific to Dominate the Market
- The Asia-Pacific region is expected to dominate the adipic acid market. The rising automotive, textiles, and electronics industries in major countries such as India, China, etc., contribute to the market's huge demand.
- China includes the world's most extensive electronics production base. Electronic products, such as wires, cables, computing devices, and other personal devices, recorded the highest growth in the electronics segment. The country serves the domestic demand for electronics and exports electronic output to other countries, thus, providing a massive market for adipic acid.
- Furthermore, the Indian electronics industry is one of the fastest-growing industries globally. The domestic electronics manufacturing sector is expanding steadily, owing to favorable government policies, such as 100% foreign direct investment (FDI), no requirement for industrial licenses, and the technological transformation from manual to automatic production processes.
- Electronics System Design and Manufacturing (ESDM) is the fastest-growing industry, continuously transforming businesses and economies worldwide. For instance, by 2025, India's digital economy will be worth USD 1 trillion.
- China is also one of the most attractive countries for clothing manufacturing due to relatively low labor costs and fewer commercial obstacles. According to the National Bureau of Statistics of China, the country manufactured 3.18 billion meters of textile for garments as of October 2022. The materials produced each month were consistently greater than three billion m. Hence positively impacting the market growth.
- Additionally, according to the China Association of Automobile Manufacturing, the production of passenger cars in the country witnessed a year-on-year increase of 11.2% in December 2022.
- Furthermore, in November 2022, INVISTA Nylon Chemicals Co. of China inaugurated its new adiponitrile plant with an investment of USD 1 billion at the Shanghai Chemical Industry Park. The new adiponitrile plant includes a capacity of 400,000 tons/year.
- Hence, with growth in the country's electrical, electronics, automotive, and textile sectors, the demand for adipic acid is expected to increase in the upcoming years.
Adipic Acid Industry Overview
The adipic acid market is fragmented in nature. Some of the major players in the market include Asahi Kasei Corporation, BASF SE, LANXESS, Domo Chemicals, and Sumitomo Chemical Co. Ltd., among others (in no particular order).
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Use of Nylon 66 in the Automotive Industry
4.1.2 Rising Use in the Personal Care and Electronics Industry
4.2 Restraints
4.2.1 Stringent Environment Regulations Regarding Production Process
4.2.2 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION (Market Size in Volume)
5.1 By Raw Material
5.1.1 Cyclohexanol
5.1.2 Cyclohexanone
5.2 By End Product
5.2.1 Nylon 66 Fibers
5.2.2 Nylon 66 Engineering Resins
5.2.3 Polyurethanes
5.2.4 Adipate Esters
5.2.5 Other End Products
5.3 By Application
5.3.1 Plasticizers
5.3.2 Unsaturated Polyester Resins
5.3.3 Wet Paper Resins
5.3.4 Coatings
5.3.5 Synthetic Lubricants
5.3.6 Food Additives
5.3.7 Other Applications
5.4 By End-user Industry
5.4.1 Automotive
5.4.2 Electrical and Electronics
5.4.3 Textiles
5.4.4 Food and Beverage
5.4.5 Personal Care
5.4.6 Pharmaceuticals
5.4.7 Other End-user Industries
5.5 Geography
5.5.1 Asia-Pacific
5.5.1.1 China
5.5.1.2 India
5.5.1.3 Japan
5.5.1.4 South Korea
5.5.1.5 Rest of Asia-Pacific
5.5.2 North America
5.5.2.1 United States
5.5.2.2 Canada
5.5.2.3 Mexico
5.5.3 Europe
5.5.3.1 Germany
5.5.3.2 United Kingdom
5.5.3.3 Italy
5.5.3.4 France
5.5.3.5 Russia
5.5.3.6 Rest of Europe
5.5.4 South America
5.5.4.1 Brazil
5.5.4.2 Argentina
5.5.4.3 Rest of South America
5.5.5 Middle East & Africa
5.5.5.1 Saudi Arabia
5.5.5.2 South Africa
5.5.5.3 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)**/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Asahi Kasei Corporation
6.4.2 Ascend Performance Materials
6.4.3 BASF SE
6.4.4 Domo Chemicals
6.4.5 HUAFENG GROUP
6.4.6 INVISTA
6.4.7 LANXESS
6.4.8 Liaoyang Tianhua Chemical Co. Ltd
6.4.9 Radici Partecipazioni SpA
6.4.10 Shenma Industrial Co., Ltd
6.4.11 Sumitomo Chemical Co. Ltd
6.4.12 Shandong Hualu-Hengsheng Chemical Co., Ltd.
6.4.13 Tangshan Zhonghao Chemical Co. Ltd
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Rising Awareness of Bio-based Adipic Acid
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security