Synthetic & Bio-based Adipic Acid Market, By Application (Nylon 6,6 fiber, Nylon 6,6 resin, Polyurethanes, Adipate esters, Others), and By Region (North America, Europe, Asia Pacific, Latin America, MEA) - Size, Share, Outlook, and Opportunity Analysis, 2

Synthetic & Bio-based Adipic Acid Market, By Application (Nylon 6,6 fiber, Nylon 6,6 resin, Polyurethanes, Adipate esters, Others), and By Region (North America, Europe, Asia Pacific, Latin America, MEA) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Adipic acid is a vital raw material used in the manufacturing of industrial fiber such as Nylon 6.6. Adipic acid is basically produced by using various raw materials such as benzene, cyclohexane and phenol. The lower purity grade of adipic acid is used to produce polyurethane whereas high purity grade is used to produce nylon. The major end-user of adipic acid includes food, packaging, automotive, medical, consumer goods, construction, electronics, and furniture.

Market Dynamics
Growth in the textile industry especially across the Asia Pacific region is projected to offer profitable market opportunities in the near future. The growing demand for sports shoes and apparel due to increasing number of people participating in the sports activities is expected to spur the market growth of adipic acid. Also, growth in the sports industry is another major factor augmenting the demand for nylon which in turn accelerating the market growth of synthetic and bio-based adipic acid.
In addition, expansion of the footwear market as polyurethane is used in the production of footwear is expected to fuel the market growth of synthetic and bio-based adipic acid. According to the World Footwear, footwear production worldwide reached 24.2 billion pairs in 2018, increased by 2.7% from 2017. Thus, growth in the footwear market due to increasing production and demand among consumer is expected to augment the market growth of the adipic acid over the forecast period.
Key features of the study:
This report provides in-depth analysis of the global synthetic and bio-based adipic acid market and provides market size (US$ Million & Tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
This study also provides impact analysis of Coronavirus (Covid-19) pandemic on synthetic and bio-based adipic acid market.
It profiles key players in the global synthetic and bio-based adipic acid market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Invista, Rhodia, BASF, Ascend Performance Materials, Shangdong Haili (Bohui), Liaoyang Petrochemical, Asahi Kasei, Radici
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global synthetic and bio-based adipic acid market report caters to various stakeholders in this industry including investors, suppliers, synthetic and bio-based adipic acid manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the synthetic and bio-based adipic acid market
Detailed Segmentation:
Global Synthetic and bio-based adipic acid Market, By Application:
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Global Synthetic and bio-based adipic acid Market, By Region:
North America
U.S.
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Canada
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Europe
U.K.
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Germany
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
France
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Italy
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others

Spain
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others

Russia
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Rest of Europe
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Asia Pacific
China
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
India
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Japan
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
ASEAN
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Australia
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
South Korea
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Rest of Asia Pacific
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Latin America
Brazil
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Mexico
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Rest of Latin America
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Middle East & Africa
Middle East
By Application
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Africa
By Application
Electronics
Nylon 6,6 fiber
Nylon 6,6 resin
Polyurethanes
Adipate esters
Others
Company Profiles
Invista
Company Overview
Material Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Rhodia
BASF
Ascend Performance Materials
Shangdong Haili (Bohui)
Liaoyang Petrochemical
Asahi Kasei
Radici
“*” marked represents similar segmentation in other categories in the respective section.