Global Adipic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product;
Polyamide/Nylon - Engineering Plastics[Automotive, Packaging Films & Coatings, Industrial/Machinery, Electrical & Electronics, Consumer Goods, Appliances, Wire & Cable and Others], - Fibers[Textile Filament, Industrial Filament, Carpet Filament and Staple Fiber], - Polyurethanes, Adipic/Adipate Esters (Plasticizers), and Others.By Raw Material;
Cyclohexanol and Cyclohexanone.By End Use;
Automotive, Electrical & Electronics, Home Appliances, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Adipic Acid Market (USD Million), 2021 - 2031
In the year 2024, the Global Adipic Acid Market was valued at USD 5,572.25 million. The size of this market is expected to increase to USD 7,234.56 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.
The Global Adipic Acid Market, crucial for various industrial applications, has shown notable growth in recent years. Adipic acid is a key intermediate in the production of nylon 6,6, which is widely used in textiles, automotive parts, and consumer goods. The increasing demand for high-performance and durable materials in automotive and construction sectors is driving the market. Additionally, the growth of the textile industry, particularly in emerging economies, further supports the demand for adipic acid.
In terms of market dynamics, the expansion of the automotive and construction industries is a significant driver. With the rise in infrastructure development and vehicle production, there is a higher demand for materials that offer enhanced durability and performance. This trend has led to increased utilization of adipic acid in the production of nylon and other polymers, which are integral to these sectors. Furthermore, the growing consumer preference for high-quality, long-lasting products is also fueling market growth.
The Global Adipic Acid Market faces challenges related to environmental concerns and regulatory pressures. The production of adipic acid involves the use of harmful chemicals and contributes to greenhouse gas emissions. This has led to stricter regulations and a push towards more sustainable production methods. Companies are investing in research and development to explore alternative production processes that reduce environmental impact and improve sustainability.
The market is expected to continue its growth trajectory, driven by advancements in technology and increasing industrial applications. The development of eco-friendly production methods and the expansion of applications in emerging industries such as electronics and renewable energy could provide new opportunities for market players. As the industry adapts to changing regulations and environmental standards, the Global Adipic Acid Market is likely to experience ongoing innovation and growth.
Global Adipic Acid Market Recent Developments
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In August 2022, Toray Industries, Inc. (Tokyo) achieved a significant milestone by developing the world’s first 100% bio-based adipic acid, a crucial raw material for nylon 66 (polyamide 66), using sugars extracted from inedible biomass.
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In March 2022, Genomatica, a leader in sustainable materials, and Asahi Kasei, a diversified global manufacturer based in Japan, announced a strategic partnership. This collaboration aims to commercialize renewably-sourced nylon 6,6, produced using Genomatica’s bio-based hexamethylenediamine (HMDA) building block.
Segment Analysis
By product, adipic acid is primarily used in the production of nylon, polyurethane, and plasticizers. Nylon 6,6, one of the most significant products derived from adipic acid, is used in textiles, automotive, and industrial applications due to its strength and durability. Polyurethane, another key product, is utilized in a range of industries including automotive, construction, and furniture. The growing demand for high-performance plastics and synthetic materials continues to drive the use of adipic acid in these applications, ensuring its central role in various industrial sectors.
The raw material segmentation looks at the sources from which adipic acid is produced, with the most common being benzene and cyclohexane. Cyclohexane is the primary raw material used in the industrial synthesis of adipic acid, contributing to the production of various downstream products such as nylon and plasticizers. The increasing availability of renewable feedstocks and the push for more sustainable production processes have led to research into bio-based alternatives to traditional petrochemical-based raw materials. This shift could influence the market in the coming years as industries increasingly focus on reducing their carbon footprint.
In terms of end use, adipic acid is primarily used in the production of nylon fibers and resins, which are widely used in textiles, automotive parts, and industrial applications. The demand for lightweight, high-strength materials in the automotive industry has spurred the growth of adipic acid-based products, particularly in the manufacturing of components like airbags, under-the-hood parts, and fuel lines. Additionally, adipic acid plays a key role in producing plasticizers, which are used to enhance the flexibility and durability of products such as flooring, cables, and packaging materials. Other end uses include applications in the production of coatings, adhesives, and sealants, further expanding the scope of adipic acid in various industrial sectors.
Finally, the geography segmentation explores the market across different regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America and Europe are well-established markets for adipic acid, driven by their advanced automotive and manufacturing sectors. The Asia-Pacific region, particularly China and India, is expected to see significant growth in demand for adipic acid due to rapid industrialization and the expanding automotive industry. The growing focus on sustainability and the shift toward bio-based products could also play a significant role in shaping the market dynamics in these regions. The Middle East & Africa and Latin America are emerging markets where demand for adipic acid is increasing in response to rising industrial activity and infrastructure development. This regional segmentation highlights the diverse growth opportunities and trends influencing the global adipic acid market.
Global Adipic Acid Segment Analysis
In this report, the Global Adipic Acid Market has been segmented by Product , Raw Material, End Use, and Geography.
Global Adipic Acid Market, Segmentation by Product
The Global Adipic Acid Market has been segmented by Product into and Polyamide/Nylon.
The polyamide or nylon segment holds a significant share in the global adipic acid market. Nylon is extensively utilized in the production of textiles, automotive parts, and industrial components due to its durability, strength, and resistance to wear and tear. Adipic acid is essential in the synthesis of nylon 6,6, which is renowned for its high tensile strength and stability. The increasing use of nylon in various applications, including clothing, carpets, and automotive interiors, drives the demand for adipic acid, ensuring its continued prominence in the market.
Several factors are influencing the global adipic acid market, including technological advancements and shifting consumer preferences. Innovations in production technologies have led to more efficient and sustainable methods of adipic acid synthesis, such as the development of bio-based processes. Additionally, the growing emphasis on environmental sustainability is prompting manufacturers to explore greener alternatives to traditional adipic acid production methods, which often involve the use of non-renewable resources.
Geographically, the global adipic acid market is witnessing robust growth across various regions. North America and Europe have historically been major markets due to their advanced industrial sectors and high demand for high-performance materials. However, emerging economies in Asia-Pacific, particularly China and India, are experiencing rapid industrialization and urbanization, leading to increased demand for adipic acid in textiles and automotive industries. The market dynamics in these regions are influenced by factors such as economic growth, infrastructure development, and changing consumer preferences.
Global Adipic Acid Market, Segmentation by Raw Material
The Global Adipic Acid Market has been segmented by Raw Material into Cyclohexanol and Cyclohexanone.
The Global Adipic Acid Market is primarily segmented by raw material into Cyclohexanol and Cyclohexanone. Cyclohexanol and Cyclohexanone are key precursors in the production of adipic acid, which is used predominantly in the manufacture of nylon 6,6 and other synthetic fibers. Cyclohexanol is often preferred due to its relatively lower cost and greater availability. The market dynamics are influenced by the fluctuating prices and supply chain disruptions of these raw materials, which impact the overall cost and production efficiency in the adipic acid industry.
The choice between Cyclohexanol and Cyclohexanone is influenced by factors such as production cost, availability, and environmental regulations. Cyclohexanone, while generally more expensive, is favored for its efficiency in producing high-quality adipic acid. This segmentation reflects broader trends in the market where companies seek to optimize production processes and manage costs amidst varying raw material prices. Additionally, advancements in production technology and shifts towards sustainable practices are expected to influence the market landscape, potentially altering the dominance of these raw materials in the adipic acid market.
Global Adipic Acid Market, Segmentation by End Use
The Global Adipic Acid Market has been segmented by End Use into Automotive, Electrical & Electronics, Home Appliances, and Others.
In the automotive industry, adhesives play a crucial role in bonding components and materials, contributing to the structural integrity, weight reduction, and overall performance of vehicles. With the increasing demand for lightweight materials to improve fuel efficiency and reduce emissions, automotive manufacturers are turning to advanced adhesives for parts such as body panels, windows, interior trims, and battery enclosures in electric vehicles. Additionally, adhesives are used to reduce the need for mechanical fasteners, providing a cleaner and more durable finish.
In the electrical & electronics sector, adhesives are used extensively for assembling and bonding delicate components such as semiconductors, displays, sensors, and circuit boards. The need for high-performance adhesives in electronics continues to grow, driven by the rise of consumer electronics, wearable devices, and the increasing miniaturization of products. These adhesives must meet stringent criteria for heat resistance, conductivity, and insulating properties, ensuring the durability and reliability of electronic devices in various applications, from mobile phones to complex medical devices.
In the home appliances sector, adhesives are used in a variety of applications, including assembling parts, securing components, and providing seals for appliances like refrigerators, washing machines, and dishwashers. Adhesives offer the flexibility, durability, and strength required for these appliances, helping manufacturers improve product performance while also reducing the need for mechanical fasteners. As energy efficiency and product longevity become key consumer considerations, adhesives are playing a larger role in the development of modern home appliances.
The others category encompasses a wide range of industries where adhesives are used for bonding, sealing, and assembling products. This includes applications in packaging, construction, healthcare, and textiles, among others. In packaging, adhesives are essential for securing closures, labels, and seals, ensuring that products are protected and presented effectively. In construction, adhesives provide bonding solutions for flooring, insulation, and wall materials, offering strong and lasting performance in demanding environments. In healthcare, adhesives are used in medical devices, wound care products, and surgical applications, ensuring safety and precision. Overall, the versatility of adhesives makes them indispensable across a wide array of industries, contributing to their steady growth across global markets.
Global Adipic Acid Market, Segmentation by Geography
In this report, the Global Adipic Acid Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Adipic Acid Market Share (%), by Geographical Region, 2024
North America, the adipic acid market is characterized by significant demand from the automotive and textiles industries. The region's advanced manufacturing infrastructure and strong presence of key market players contribute to its substantial market share. The adoption of sustainable practices and regulatory policies aimed at reducing environmental impact have led to increased investments in green and bio-based adipic acid production, enhancing market growth.
Europe's adipic acid market is driven by a robust automotive and textiles industry, with a focus on high-performance materials and sustainable manufacturing practices. The European market is notable for its stringent environmental regulations, which have pushed the industry towards developing more eco-friendly production methods. Additionally, the region's emphasis on recycling and circular economy practices supports the growth of the adipic acid market.
The Asia Pacific region holds the largest share of the global adipic acid market due to its rapid industrialization, particularly in countries like China and India. The growth in automotive production, coupled with increasing demand for textiles and consumer goods, fuels the high consumption of adipic acid in this region. Moreover, the region's expanding manufacturing capabilities and investments in infrastructure contribute to its dominance in the global market.
In the Middle East and Africa, the adipic acid market is growing due to increased industrial activities and infrastructure development. The region's emerging economies are investing in the development of chemical manufacturing facilities, which supports the demand for adipic acid. Additionally, the growth of the construction and automotive sectors in the Middle East is expected to drive market expansion.
The Latin American adipic acid market is relatively smaller compared to other regions but is experiencing growth due to increased industrialization and infrastructure development. Countries like Brazil and Mexico are witnessing rising demand for adipic acid in the automotive and textiles industries. The market is supported by investments in industrial capacity expansion and the adoption of new technologies in the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Adipic Acid Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers
- Growing automotive industry demand
- Expanding textile manufacturing sector
- Rising consumer electronics usage
- Increased demand for adhesives
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Growth in food packaging: The global food packaging market has experienced substantial growth, driven by increasing consumer demand for convenience and the need for longer shelf life. Advances in packaging technologies, including the development of sustainable materials and innovations in design, have played a significant role in this expansion. Companies are increasingly adopting eco-friendly packaging solutions, such as biodegradable materials and recyclable options, to meet regulatory requirements and consumer preferences. The growth is further supported by the rising trend of online food delivery services, which necessitates efficient and secure packaging to ensure product safety and quality during transportation.
In the Global Adipic Acid Market, growth is influenced by its widespread use in the production of nylon, which is integral to various applications, including textiles, automotive parts, and industrial components. The demand for adipic acid is closely tied to the performance of these end-use industries. As the automotive and construction sectors grow, driven by advancements in technology and infrastructure development, the need for adipic acid also rises. Additionally, there is a growing focus on sustainability within the industry, with efforts to develop bio-based adipic acid and reduce the environmental impact of its production. This shift towards more sustainable practices is expected to influence market dynamics positively, driving further growth in the coming years.
Restraints
- Volatile raw material prices
- Stringent environmental regulations
- High production costs
- Market competition pressures
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Limited raw material availability: The global adipic acid market faces challenges due to the limited availability of raw materials. Adipic acid, primarily used in the production of nylon 6,6 and other polymers, relies heavily on benzene and cyclohexane as its raw materials. Supply chain disruptions, geopolitical tensions, and fluctuations in the prices of these raw materials have led to increased production costs and volatility in the adipic acid market. The dependence on a few key suppliers for these raw materials adds a layer of risk, impacting the stability of the market and prompting companies to seek alternative sources or materials.
To mitigate these challenges, industry players are investing in research and development to explore alternative raw materials and improve the efficiency of adipic acid production processes. Additionally, there is a growing emphasis on recycling and sustainable practices to reduce dependence on finite resources. Innovations in production technology and the development of bio-based alternatives are also gaining traction as potential solutions to address the limitations posed by the current raw material landscape. As the market evolves, these strategies will play a crucial role in shaping the future dynamics of the global adipic acid industry.
Opportunities
- Emerging markets expansion
- Innovations in production technology
- Green chemistry advancements
- Increased use in coatings
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Expanding renewable energy applications: The expansion of renewable energy applications is significantly influencing the Global Adipic Acid Market. Adipic acid, a key raw material in the production of nylon and other polymers, is experiencing increased demand due to its use in manufacturing lightweight, high-strength materials essential for renewable energy technologies. For instance, adipic acid is integral in producing components for wind turbines and electric vehicles, which are pivotal to advancing renewable energy infrastructure. The shift towards greener technologies and the push for more sustainable production processes are driving the growth of this market as industries seek to reduce their carbon footprint and enhance energy efficiency.
The focus on reducing greenhouse gas emissions is prompting the adoption of more sustainable practices in adipic acid production itself. Traditional methods of adipic acid synthesis are energy-intensive and produce significant amounts of nitrous oxide, a potent greenhouse gas. As a result, there is a growing emphasis on developing and adopting innovative, eco-friendly production technologies. This includes the use of alternative raw materials and more efficient production techniques, which align with global sustainability goals. Consequently, the Global Adipic Acid Market is evolving to meet the demands of a rapidly changing energy landscape, driven by both increased application in renewable energy sectors and advancements in green manufacturing processes.
Competitive Landscape Analysis
Key players in Global Adipic Acid Market include:
- BASF SE
- Invista (Koch Industries, Inc.)
- Lonza Group AG
- Ascend Performance Materials LLC
- Radici Group
- Domo Chemicals GmbH
- China Petroleum & Chemical Corporation (Sinopec)
- Nippon Shokubai Co., Ltd.
- UBE Industries, Ltd.
- Showa Denko K.K.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Raw Material
- Market Snapshot, By End Use
- Market Snapshot, By Region
- Global Adipic Acid Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing automotive industry demand
- Expanding textile manufacturing sector
- Rising consumer electronics usage
- Increased demand for adhesives
- Growth in food packaging
- Restraints
- Volatile raw material prices
- Stringent environmental regulations
- High production costs
- Market competition pressures
- Limited raw material availability
- Opportunities
- Emerging markets expansion
- Innovations in production technology
- Green chemistry advancements
- Increased use in coatings
- Expanding renewable energy applications
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Adipic Acid Market, By Product, 2021 - 2031 (USD Million)
- Polyamide/Nylon
- Engineering Plastics
- Automotive
- Packaging Films & Coatings
- Industrial/Machinery
- Electrical & Electronics
- Consumer Goods
- Appliances
- Wire & Cable
- Others
- Fibers
- Textile Filament
- Industrial Filament
- Carpet Filament
- Staple Fiber
- Polyurethanes
- Adipic/Adipate Esters (Plasticizers)
- Others
- Engineering Plastics
- Polyamide/Nylon
- Global Adipic Acid Market, By Raw Material, 2021 - 2031 (USD Million)
- Cyclohexanol
- Cyclohexanone
- Global Adipic Acid Market, By End Use, 2021 - 2031 (USD Million)
- Automotive
- Electrical & Electronics
- Home Appliances
- Others
- Global Adipic Acid Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Adipic Acid Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF SE
- Invista (Koch Industries, Inc.)
- Lonza Group AG
- Ascend Performance Materials LLC
- Radici Group
- Domo Chemicals GmbH
- China Petroleum & Chemical Corporation (Sinopec)
- Nippon Shokubai Co., Ltd.
- UBE Industries, Ltd.
- Showa Denko K.K.
- Company Profiles
- Analyst Views
- Future Outlook of the Market