Global Adipic Acid Application Market Trends, Size, Forecast - 2018-2023


Posted June 22, 2020 by pooja1919

The global adipic acid market is expected to grow at CAGR of 4.6% during the forecast period (2018-2023).

 
The global adipic acid market is expected to grow at CAGR of 4.6% during the forecast period (2018-2023). A wide range of adipic acid applications is driving the adipic acid market. Mechanical properties such as durability, strength and light weight make adipic acid a significant important material in the day to day life. Adipic acid is widely used as raw material for the manufacturing of Nylon 66. Nylon 66 is the largest application market for adipic acid. The automobile industry is the largest consumer market of nylon 66. Increased demand from the automobile sector is driving the adipic acid market.

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The adipic acid application market has been segmented into two major categories which are Nylon 66 and plasticizers. The adipic acid market is also categorized on the basis of end-user markets such as the automobile, construction, consumer goods, packaging, agriculture materials, and electronics. North America (US and Canada), Europe (western Europe and the rest of Europe), APAC (India, China and Japan) are major geographies that are included in this report. North America is the largest consumer market for the adipic acid market, however, APAC is the fastest growing market for adipic acid due to the huge emerging demand from India, China and Japan and rising demand for adipic acid in varied domains such as agriculture, consumer goods and automobile. Key companies which are profiled in the report include Asahi Kasei, Ascend Performance Materials, BASF, Bioamber, Shenma Group Co. Ltd., Finetech Industry Ltd., Haihang Industry Co. Ltd., Invista, Lanxess Ag, Liaoyang Petrochemical, Petro China Company Limited, Radici, Rennovia Inc., Rhodia, Shangdong Haili, Solvay Chemicals, Sumitomo Chemical Co., Ltd, Tokyo Chemical Industry Co. Ltd., Tractus Company Ltd. and Verdezyne Inc.

A full report of Global Adipic Acid Application Market is available at: https://www.omrglobal.com/industry-reports/adipic-acid-market

Global Adipic Acid Application Market Segmentation

By application

nylon 66 market

plasticizers market

other market

By end user

consumer goods market

packaging market

electronics market

automobile market

agriculture market

other market

competitive landscape

key strategies

key company analysis

regional analysis

north america

united states

canada

europe

uk

france

spain

germany

italy

rest of europe

asia pacific

india

china

japan

rest of apac

rest of the world

Company Profiles

asahi kasei

ascend performance materials

basf se

bioamber

shenma group co. ltd.

finetech industry ltd.

haihang industry co. ltd.

invista

lanxess ag

iaoyang petrochemical

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated June 22, 2020