Global Bio-Based Adipic Acid Market Growth 2023-2029

Global Bio-Based Adipic Acid Market Growth 2023-2029

Adipic acid is the most widely used dicarboxylic acid from the industrial perspective. Adipic acid is mainly used for the production of nylon which finds its application in composite materials which are used in manufacturing automobile components.

LPI (LP Information)' newest research report, the “Bio-Based Adipic Acid Industry Forecast” looks at past sales and reviews total world Bio-Based Adipic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-Based Adipic Acid sales for 2023 through 2029. With Bio-Based Adipic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-Based Adipic Acid industry.

This Insight Report provides a comprehensive analysis of the global Bio-Based Adipic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio-Based Adipic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-Based Adipic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-Based Adipic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio-Based Adipic Acid.

The global Bio-Based Adipic Acid market size is projected to grow from US$ 4282.4 million in 2022 to US$ 5141.7 million in 2029; it is expected to grow at a CAGR of 5141.7 from 2023 to 2029.

High investment and R&D costs associated with the production of bio-based adipic acid are expected to pose challenges to the market participants. The global market is still in initial stages with adipic acid manufacturers such as DSM, Genomatica and Bio-Amber shifting their capabilities towards the production of its bio-based alternative.

This report presents a comprehensive overview, market shares, and growth opportunities of Bio-Based Adipic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Food Grade
Industrial Grade

Segmentation by application
Paints and Coatings
Low-temperature Lubricants
Plastic Additives
Polyurethane Resins
Food Additives
Other Synthetic Fibers

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Verdezyne
DSM
BioAmeber
Ameris
Aemethis
Genomatica
Rennovia

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bio-Based Adipic Acid market?

What factors are driving Bio-Based Adipic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bio-Based Adipic Acid market opportunities vary by end market size?

How does Bio-Based Adipic Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.