Tag Archives: Adipic Acid Market

Adipic Acid Market Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Adipic acid or hexanedioic acid are organic compounds with molecular formula (CH2)4(COOH)2. Adipic acids are commercially formed by the reaction between cyclohexanone and cyclohexanol. High purity adipic acids are used in the manufacture of polyurethane. These are widely used in home furnishing applications such as bedding foam, furniture, and carpet underlays. These are widely used in cushioning materials to make furniture more comfortable and durable.

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Adipic Acid Industry is Estimated to Reach Around USD 7,538 million till 2020

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. Polyutherane is considered to be one of the rapid growing applications in thermal insulation.

Adipic Acid Market Size Price | ****** Industry Trends Report, 2023

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The adipic acid market is growing with the growth of end user industries including footwear, electronics and automotive in India and China and it is assumed to remain a remarkable factor driving the Asia-Pacific adipic acid market.

The European and North American markets are highly driven by innovation and technology. Europe emerged as the second largest market for adipic acid. North America follows Europe in the adipic acid market share. RoW adipic acid market is driven by the growing automobile industry largely in Argentina and Brazil.

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