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).
Report ID: Rn117464830 Published Date: March, 2025 Updated Date: April, 2025

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Raw Material
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Adipic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing automotive industry demand
        2. Expanding textile manufacturing sector
        3. Rising consumer electronics usage
        4. Increased demand for adhesives
        5. Growth in food packaging
      2. Restraints
        1. Volatile raw material prices
        2. Stringent environmental regulations
        3. High production costs
        4. Market competition pressures
        5. Limited raw material availability
      3. Opportunities
        1. Emerging markets expansion
        2. Innovations in production technology
        3. Green chemistry advancements
        4. Increased use in coatings
        5. Expanding renewable energy applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Adipic Acid Market, By Product, 2021 - 2031 (USD Million)
      1. Polyamide/Nylon
        1. Engineering Plastics
          1. Automotive
          2. Packaging Films & Coatings
          3. Industrial/Machinery
          4. Electrical & Electronics
          5. Consumer Goods
          6. Appliances
          7. Wire & Cable
          8. Others
        2. Fibers
          1. Textile Filament
          2. Industrial Filament
          3. Carpet Filament
          4. Staple Fiber
        3. Polyurethanes
          1. Adipic/Adipate Esters (Plasticizers)
          2. Others
    2. Global Adipic Acid Market, By Raw Material, 2021 - 2031 (USD Million)
      1. Cyclohexanol
      2. Cyclohexanone
    3. Global Adipic Acid Market, By End Use, 2021 - 2031 (USD Million)
      1. Automotive
      2. Electrical & Electronics
      3. Home Appliances
      4. Others
    4. Global Adipic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Invista (Koch Industries, Inc.)
      3. Lonza Group AG
      4. Ascend Performance Materials LLC
      5. Radici Group
      6. Domo Chemicals GmbH
      7. China Petroleum & Chemical Corporation (Sinopec)
      8. Nippon Shokubai Co., Ltd.
      9. UBE Industries, Ltd.
      10. Showa Denko K.K.
  7. Analyst Views
  8. Future Outlook of the Market