Research On Adipic Acid Market – Industry Size, Trends, Regional Outlook and Forecasts
The Adipic Acid Market is segmented based on the global applications, geographic presence, by products and ingredients.Decision Databases is involved in providing research reports and company profiles in the global adipic acid market in terms of revenue and output/volume.
Adipic acid is a crystalline white powder like organic compound usually soluble in nature. Adipic acid is extensively used in the preparation of nylon fiber and nylon resin. Adipic acid is also used to prepare polyurethane and plasticizers from esters. It has a wide range of application in several end-user industries which include electronics, footwear, automobile, food and beverage and others.
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Global adipic acid market is analyzed based on its application and segmented into nylon 6,6 resin, polyurethanes, nylon 6,6 fiber, adipate esters and others. Nylon fiber 6,6 and nylon resin 6,6 are major application segments with high market growth owing to their high demand by end user industries. Adipate esters also play an imperative part in the preparation of PVC pipes and plasticizers and expected to contribute for the growth of this market for the forecast period.
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Adipic acid is used to add flavors to food and beverages. Change in eating trends and demand for new flavors of food and beverage rapidly surge the growth of global adipic acid market. Nylon fiber is essentially used by the automotive industry in preparation of spear part and several components. This in turn boosts the growth of global adipic acid market. In addition, rapid demand for nylon fibers and nylon resin from electronics and footwear industry will open key opportunities for this market over the forecast period. Environmental concerns associated with adipic acid will restrain market growth.
Best Region Of Markets :
Asia Pacific is the most prominent region of this market. Growth of footwear industry and economic growth in India and China propel the growth of Asia Pacific region. Followed by Asia Pacific, North America and Europe are other faster growing regions in this market. Latin America and MEA are expected to show considerable growth over the forecast period. Key players in global adipic acid market are Liyoyang Petrochemical, Radici, Shangdong Haili (Bohui), Asahi Kasei, BASF, Rhodia, INVISTA and Ascend Performance Materials.
Few Major Table Of Contents :
1. INTRODUCTION TO THE ADIPIC ACID MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF ADIPIC ACID
4. ADIPIC ACID MARKET ANALYSIS BY APPLICATION
5. ADIPIC ACID MARKET ANALYSIS BY GEOGRAPHY
6. COMPETITIVE LANDSCAPE OF ADIPIC ACID COMPANIES
7. COMPANY PROFILES OF ADIPIC ACID INDUSTRY
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