MARKET INTRODUCTION
Synthetic and bio-based adipic acids are important raw materials utilized in the production of industrial fiber, including Nylon 6.6. Adipic acid is usually produced by using several raw materials like cyclohexane, benzene, also phenol. The lower purity grade of the adipic acid is utilized to produce polyurethane, whereas high purity grade is employed to produce nylon. Expansion of the footwear market as polyurethane is utilized in the production of footwear is anticipated to fuel the market growth of synthetic as well as bio-based adipic acid.
MARKET DYNAMICS
The synthetic & bio-based adipic acid market has witnessed significant growth owing to factors such as increasing application in plasticizers, lubricants, coatings, and others. The rise in demand for nylon from the automotive industry is predominantly propelling the market growth of adipic acid. Nylon 6 6 is widely utilized in the manufacturing of lightweight automobiles components, including intake manifolds, as these materials have better resistance which further makes them ideal substitutes for metals. However, a growing environmental concern since adipic acid poses a threat to the environment along with the health of humans is presumed to restrict the market growth. Nevertheless, the rising development of bio-based adipic acid is projected to provide immense opportunities over the forecast period.
MARKET SCOPE
The "Global Synthetic and Bio-Based Adipic Acid Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the synthetic and bio-based adipic acid market with detailed market segmentation by type, product, application, and geography. The global synthetic and bio-based adipic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading synthetic and bio-based adipic acid market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global synthetic and bio-based adipic acid market is segmented on the basis of type, product, and application. On the basis of type, the synthetic and bio-based adipic acid market is segmented into synthetic adipic acid and bio-based adipic acid. The synthetic and bio-based adipic acid market on the basis of product is classified into nylon 6,6 fiber; nylon 6,6 resin; polyurethanes, adipate esters, and others. Based on application, the synthetic and bio-based adipic acid market is segmented into plasticizers, lubricants, coatings, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global synthetic and bio-based adipic acid market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The synthetic and bio-based adipic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the synthetic and bio-based adipic acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the synthetic and bio-based adipic acid market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global synthetic and bio-based adipic acid market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from synthetic and bio-based adipic acid market are anticipated to lucrative growth opportunities in the future with the rising demand for synthetic and bio-based adipic acid in the global market. Below mentioned is the list of few companies engaged in the synthetic and bio-based adipic acid market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the synthetic and bio-based adipic acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Synthetic And Bio-Based Adipic Acid Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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The List of Companies
1. Asahi Kasei
2. Ascend Performance Materials
3. BASF SE
4. Liaoyang Petrochemical
5. Radici
6. Rhodia
7. Shangdong Haili (Bohui)
8. Others
1. Asahi Kasei
2. Ascend Performance Materials
3. BASF SE
4. Liaoyang Petrochemical
5. Radici
6. Rhodia
7. Shangdong Haili (Bohui)
8. Others
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