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Adipic Acid Market Analysis, Size, Share, Growth, Industry Insights and Forecast to 2020 | Hexa Research
“Global Adipic Acid Market is expected to experience significant growth by 2020 on account of increasing industrial applications.”
31 October 2018 Adipic Acid Market is estimated to go through momentous growth globally. This industry is estimated to reach around USD 7, 538 million till 2020. This acid is produced using petroleum derived products like phenol, benzene and cyclohexane. Adipic acid which is generally used in production of Nylon is also manufactured in Automobile industry. Adipic acid is majorly used for Nylon fibres, Nylon Resin, paints and coatings. Cyclohexane accounts for over 80% of Adipic acid which is produced globally. Due to shift in hydrocarbons market, phenol used a primarily for production of adipic acid is replaced by cyclohexane. Polyuth erane is considered to be one of the rapid growing applications in thermal insulation. The fastest growing market for Adipic acid to be is Polyutherane with expected CAGR of 5.2% from 2015 to 2020. Growing demand for Nylon fibres in automobile industry is the major reason for rise in demand of adipic acid market in recent years. Nations like Russia, China, India and Brazil is expected to counter the positive impact in adipic acid market over next five years. North American market is expected to hit USD ove r 1.6 billion by 2019 with CAGR of 6.2% from 2015 to 2020.Adipic acid is also used as the gelling aid and flavorant in food industry. With increasing concern regarding environmental protection, Synthetic acid has now been focused towards the production of Bio based Adipic acid. These bio based adipic acid are produced using Glucose, which are environmental friendly. Bio based adipic acid require low capital investment as compared to Synthetic Adipic acid. Browse Details of Report @ https://www.hexaresearch.com/research-report/adipic-acid-industry/
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Asia Pacific Market, currently the leading regional market for Adipic acid is projected to be fastest growing market. Growth of electronics market in China is motivating the market growth of Adipic Acid in Asia Pacific. After Asia Pacific, Europe is the largest market for the Adipic acid, Use of Synthetic adipic acid in Europe, is affecting the Adipic acid market in China. Bio based Adipic acid holds around 16% lower utilities cost and around 30% lower manufacturing cost as compared to the Petroleum based adipic acid. Browse Related Category @ https://www.hexaresearch.com/research-category/bulk-chemicals-industry
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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
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Your Catalyst To a Lucrative Business 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 Chapter 7 Methodology and Scope 7.1 Research Methodology 7.2 Research Scope & Assumption 7.3 List of Data Sources
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