세계의 아디핀산 시장 규모, 점유율, 산업 동향 분석 리포트 : 용도별, 최종 용도별, 지역별 전망과 예측(2023-2030년)

The Global Adipic Acid Market size is expected to reach $6.2 billion by 2030, rising at a market growth of 3.9% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,778.6 Kilo Tonnes, experiencing a growth of 3.7% (2019-2022).

Adipate esters are commonly used as plasticizers in the polymer industry. They improve the flexibility, durability, and workability of plastics and elastomers. Consequently, Adipate esters contributed $196.4 million revenue in the market in 2022. These esters help reduce the glass transition temperature of polymers, making them more pliable and less brittle. Adipate esters have relatively low volatility compared to other plasticizers, making them less likely to evaporate and cause emissions, making them suitable for applications with low volatility. Adipate esters can enhance the performance of end products, such as textiles, automotive components, and wire and cable insulation, by improving their flexibility and durability. Some of the factors impacting the market are growing consumption of nylon 6, 6 in the global automotive industry, increasing innovation and research of adipic acid, and Stringent regulations to prevent hazardous effects.

The automotive industry increasingly focuses on reducing vehicle weight to enhance fuel efficiency and lower emissions. Nylon 6,6, which is strong, lightweight, and durable, is used in engine parts, fuel lines, and various structural components. Using nylon 6,6 in the automotive sector can reduce weight, which contributes to better fuel efficiency. As governments worldwide impose stricter emissions and fuel efficiency regulations, automakers seek lightweight materials like nylon 6,6 to meet these standards. Nylon 6,6 offers excellent mechanical properties, including resistance to impact, chemicals, and heat. These properties make it a preferred material for various automotive components, such as air intake manifolds, radiator end tanks, and electrical connectors. Additionally, Ongoing R&D efforts focus on finding more efficient and cost-effective ways to produce adipic acid. Innovations in production technology can lead to higher yields, lower energy consumption, and lower production costs. Environmental concerns have spurred research into more sustainable methods for producing adipic acid. Bio-based production methods using renewable feedstocks are a prime example of innovation that aligns with the growing demand for eco-friendly and sustainable products. Research and innovation led to the discovery of novel applications for adipic acid. Collaboration between academia, industry, and government research organizations can drive innovation in adipic acid. Such partnerships can accelerate the development of new technologies and applications. They lead to improvements in production processes, the development of sustainable alternatives, and the creation of new applications, all of which can increase the market.

However, adhering to stringent regulations often requires manufacturers to invest in safety measures, environmental controls, and compliance procedures. These additional costs can affect the overall profitability of adipic acid production. Obtaining regulatory approvals and meeting compliance requirements can be time-consuming and complex. Companies may face delays and administrative challenges in bringing new products or processes to market. Regulatory agencies may restrict the use of adipic acid in certain applications or at specific concentrations due to environmental or health concerns. These restrictions can limit the potential market.

Application Outlook

On the basis of application, the market is segmented into nylon 6, 6 fiber, nylon 6, 6 resin, polyurethane, adipate esters, and others. The polyurethane segment acquired a substantial revenue share in the market in 2022. Due to polyurethane's low weight and high abrasion resistance, it is used to create durable shoe soles. The largest use of polyurethane in the footwear industry is for sports and trekking shoes and boots. Polyurethane is also used in sports and high-quality safety shoe soles. It is widely used as an insulating material in the building and construction industry. In the future, the increased use of polyurethane in various applications is expected to fuel its global demand.

End-use Outlook

On the basis of End-use, the market is segmented into Automotive, Packaging & Consumer Goods, Electrical & Electronics, Textile, Building & Construction, and Others. In 2022, the automotive segment accounted for the largest revenue share in the market. The inherent properties of nylon 6,6, derived from adipic acid, make it an ideal material for various automotive applications. Engine components, such as gears, bearings, and bushings, benefit from the high strength and heat resistance of nylon, ensuring optimal performance in demanding conditions. Additionally, the material is extensively used in the production of cable and wiring due to its electrical insulating capabilities, resistance to abrasion, and chemical stability. In the realm of vehicle interiors, adipic acid-derived nylon is employed for seat fabrics, carpets, and other textile elements, providing durability and wear resistance.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region held the highest revenue share in the market in 2022. The rising automotive, textiles, and electronics industries in major countries such as India, China, etc., contribute to the market's huge demand. China includes the world's most extensive electronics production base. Electronic products, such as wires, cables, computing devices, and other personal devices, recorded the highest growth in electronics. The country serves the domestic demand for electronics and exports electronic output to other countries, thus providing a massive market.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ascend Performance Materials LLC, Asahi Kasei Corporation, BASF SE, Koch Industries, Inc. (Invista BV), Liaoyang Tianhua Chemical Co., Ltd, Radici Partecipazioni S.p.A., Solvay SA, Sumitomo Chemical Co., Ltd., DOMO Chemicals GmbH, and LANXESS AG.

Strategies Deployed in Adipic Acid Market

Nov-2022: Ascend Performance Materials LLC acquired a majority stakes in circular Polymers, a recycler of post-consumer, high performance polymers. Through this acquisition Ascend aimed to get a consistent supply of high-quality PCR materials for its ReDefyne sustainable polyamides.

Jun-2022: Ascend Performance Materials has successfully finalized its acquisition of Formulated Polymers Limited, an engineered materials manufacturer located in Chennai. With this strategic acquisition, ascend is poised to expand its manufacturing capabilities and product portfolio, enhancing its ability to cater to the needs of customers in the South Asian market.

Oct-2020: Ascend Performance Materials has launched ReDefyne™, a portfolio of sustainable polyamides created with up to 100% pre- and post-consumer recycled polyamide 66 or 6 to provide a low carbon footprint and reliable performance, even in demanding applications.

Sep-2020: Ascend Performance Materials LLC recently acquired two Italian companies, Poliblend and Esseti Plast, both specializing in the technical polymers industry. With this strategic purchase, ascend is establishing its second production facility in Europe. Simultaneously, the company is complementing this acquisition with the establishment of a new compounding facility in China, which will enhance its ability to cater to customers on a global scale by providing local services.

Mar-2022: Asahi Kasei Corporation has teamed up with Genomatica, Inc., a company specializing in biological manufacturing processes for chemicals. Their collaboration is focused on bringing renewable nylon 6,61, created from Genomatica's bio-based HMD building block, to market. This partnership also aligns with Asahi Kasei's goal to be a pioneer in offering eco-friendly nylon 6,6 for the automotive and electronics sectors using plant-based HMD, thereby advancing their sustainability objectives.

Jan-2020: BASF SE has successfully finalized the purchase of Solvay SA's Polyamide (PA 6.6) business. Solvay SA is a chemical manufacturing company specializing in the production and distribution of specialty polymers. This acquisition is part of BASF's strategy to expand its polyamide expertise by incorporating innovative and widely recognized products like Technyl. It will also enhance BASF's ability to provide its customers with enhanced engineering plastics solutions.

May-2022: Radici Partecipazioni S.p.A has successfully acquired the Engineering Plastics division of Ester Industries Ltd., a renowned manufacturer of polyester chips, film tapes, discs, cassettes, and various related products. This strategic acquisition not only solidifies Radici's position in the Indian market but also extends the company's reach across the Asian continent. It marks a significant step in enhancing the company's global strategy and expanding its international footprint.

Jan-2020: Domo Chemical GmbH has successfully finalized its acquisition of Solvay S. A's performance polyamides business in Europe, a leading chemical manufacturing company specializing in the production and distribution of specialty polymers. With this strategic move, Domo is dedicated to enhancing its portfolio in nylon-based engineering materials. Furthermore, this acquisition includes a collaborative effort between BASF and Domo in France to establish a joint venture for the production of Adipic Acid.

Scope of the Study

Market Segments covered in the Report:

By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)

• Nylon 6, 6 Fiber
• Nylon 6, 6 Resin
• Polyurethane
• Adipate Esters
• Others

By End-use (Volume, Kilo Tonnes, USD Million, 2019-2030)

• Automotive
• Packaging & Consumer Goods
• Electrical & Electronics
• Textile
• Building & Construction
• Others

By Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Ascend Performance Materials LLC
• Asahi Kasei Corporation
• BASF SE
• Koch Industries, Inc. (Invista BV)
• Liaoyang Tianhua Chemical Co., Ltd
• Radici Partecipazioni S.p.A.
• Solvay SA
• Sumitomo Chemical Co., Ltd.
• DOMO Chemicals Gmbh
• LANXESS AG

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Table of Contents

Chapter 1. Market Scope & Methodology

• 1.1 Market Definition
• 1.2 Objectives
• 1.3 Market Scope
• 1.4 Segmentation
  • 1.4.1 Global Adipic Acid Market, by Application
  • 1.4.2 Global Adipic Acid Market, by End-use
  • 1.4.3 Global Adipic Acid Market, by Geography
• 1.5 Methodology for the research

Chapter 2. Market At a Glance

• 2.1 Key Highlights

Chapter 3. Market Overview

• 3.1 Introduction
  • 3.1.1 Overview
    • 3.1.1.1 Market Composition and Scenario
• 3.2 Key Factors Impacting the Market
  • 3.2.1 Market Drivers
  • 3.2.2 Market Restraints

Chapter 4. Strategies Deployed in Adipic Acid Market

• 4.1 Porter's Five Forces Analysis

Chapter 5. Global Adipic Acid Market by Application

• 5.1 Global Nylon 6, 6 Fiber Market by Region
• 5.2 Global Nylon 6, 6 Resin Market by Region
• 5.3 Global Polyurethane Market by Region
• 5.4 Global Adipate Esters Market by Region
• 5.5 Global Others Market by Region

Chapter 6. Global Adipic Acid Market by End-use

• 6.1 Global Automotive Market by Region
• 6.2 Global Packaging & Consumer Goods Market by Region
• 6.3 Global Electrical & Electronics Market by Region
• 6.4 Global Textile Market by Region
• 6.5 Global Building & Construction Market by Region
• 6.6 Global Others Market by Region

Chapter 7. Global Adipic Acid Market by Region

• 7.1 North America Adipic Acid Market
  • 7.1.1 North America Adipic Acid Market by Application
    • 7.1.1.1 North America Nylon 6, 6 Fiber Market by Country
    • 7.1.1.2 North America Nylon 6, 6 Resin Market by Country
    • 7.1.1.3 North America Polyurethane Market by Country
    • 7.1.1.4 North America Adipate Esters Market by Country
    • 7.1.1.5 North America Others Market by Country
  • 7.1.2 North America Adipic Acid Market by End-use
    • 7.1.2.1 North America Automotive Market by Country
    • 7.1.2.2 North America Packaging & Consumer Goods Market by Country
    • 7.1.2.3 North America Electrical & Electronics Market by Country
    • 7.1.2.4 North America Textile Market by Country
    • 7.1.2.5 North America Building & Construction Market by Country
    • 7.1.2.6 North America Others Market by Country
  • 7.1.3 North America Adipic Acid Market by Country
    • 7.1.3.1 US Adipic Acid Market
      • 7.1.3.1.1 US Adipic Acid Market by Application
      • 7.1.3.1.2 US Adipic Acid Market by End-use
    • 7.1.3.2 Canada Adipic Acid Market
      • 7.1.3.2.1 Canada Adipic Acid Market by Application
      • 7.1.3.2.2 Canada Adipic Acid Market by End-use
    • 7.1.3.3 Mexico Adipic Acid Market
      • 7.1.3.3.1 Mexico Adipic Acid Market by Application
      • 7.1.3.3.2 Mexico Adipic Acid Market by End-use
    • 7.1.3.4 Rest of North America Adipic Acid Market
      • 7.1.3.4.1 Rest of North America Adipic Acid Market by Application
      • 7.1.3.4.2 Rest of North America Adipic Acid Market by End-use
• 7.2 Europe Adipic Acid Market
  • 7.2.1 Europe Adipic Acid Market by Application
    • 7.2.1.1 Europe Nylon 6, 6 Fiber Market by Country
    • 7.2.1.2 Europe Nylon 6, 6 Resin Market by Country
    • 7.2.1.3 Europe Polyurethane Market by Country
    • 7.2.1.4 Europe Adipate Esters Market by Country
    • 7.2.1.5 Europe Others Market by Country
  • 7.2.2 Europe Adipic Acid Market by End-use
    • 7.2.2.1 Europe Automotive Market by Country
    • 7.2.2.2 Europe Packaging & Consumer Goods Market by Country
    • 7.2.2.3 Europe Electrical & Electronics Market by Country
    • 7.2.2.4 Europe Textile Market by Country
    • 7.2.2.5 Europe Building & Construction Market by Country
    • 7.2.2.6 Europe Others Market by Country
  • 7.2.3 Europe Adipic Acid Market by Country
    • 7.2.3.1 Germany Adipic Acid Market
      • 7.2.3.1.1 Germany Adipic Acid Market by Application
      • 7.2.3.1.2 Germany Adipic Acid Market by End-use
    • 7.2.3.2 UK Adipic Acid Market
      • 7.2.3.2.1 UK Adipic Acid Market by Application
      • 7.2.3.2.2 UK Adipic Acid Market by End-use
    • 7.2.3.3 France Adipic Acid Market
      • 7.2.3.3.1 France Adipic Acid Market by Application
      • 7.2.3.3.2 France Adipic Acid Market by End-use
    • 7.2.3.4 Russia Adipic Acid Market
      • 7.2.3.4.1 Russia Adipic Acid Market by Application
      • 7.2.3.4.2 Russia Adipic Acid Market by End-use
    • 7.2.3.5 Spain Adipic Acid Market
      • 7.2.3.5.1 Spain Adipic Acid Market by Application
      • 7.2.3.5.2 Spain Adipic Acid Market by End-use
    • 7.2.3.6 Italy Adipic Acid Market
      • 7.2.3.6.1 Italy Adipic Acid Market by Application
      • 7.2.3.6.2 Italy Adipic Acid Market by End-use
    • 7.2.3.7 Rest of Europe Adipic Acid Market
      • 7.2.3.7.1 Rest of Europe Adipic Acid Market by Application
      • 7.2.3.7.2 Rest of Europe Adipic Acid Market by End-use
• 7.3 Asia Pacific Adipic Acid Market
  • 7.3.1 Asia Pacific Adipic Acid Market by Application
    • 7.3.1.1 Asia Pacific Nylon 6, 6 Fiber Market by Country
    • 7.3.1.2 Asia Pacific Nylon 6, 6 Resin Market by Country
    • 7.3.1.3 Asia Pacific Polyurethane Market by Country
    • 7.3.1.4 Asia Pacific Adipate Esters Market by Country
    • 7.3.1.5 Asia Pacific Others Market by Country
  • 7.3.2 Asia Pacific Adipic Acid Market by End-use
    • 7.3.2.1 Asia Pacific Automotive Market by Country
    • 7.3.2.2 Asia Pacific Packaging & Consumer Goods Market by Country
    • 7.3.2.3 Asia Pacific Electrical & Electronics Market by Country
    • 7.3.2.4 Asia Pacific Textile Market by Country
    • 7.3.2.5 Asia Pacific Building & Construction Market by Country
    • 7.3.2.6 Asia Pacific Others Market by Country
  • 7.3.3 Asia Pacific Adipic Acid Market by Country
    • 7.3.3.1 China Adipic Acid Market
      • 7.3.3.1.1 China Adipic Acid Market by Application
      • 7.3.3.1.2 China Adipic Acid Market by End-use
    • 7.3.3.2 Japan Adipic Acid Market
      • 7.3.3.2.1 Japan Adipic Acid Market by Application
      • 7.3.3.2.2 Japan Adipic Acid Market by End-use
    • 7.3.3.3 India Adipic Acid Market
      • 7.3.3.3.1 India Adipic Acid Market by Application
      • 7.3.3.3.2 India Adipic Acid Market by End-use
    • 7.3.3.4 South Korea Adipic Acid Market
      • 7.3.3.4.1 South Korea Adipic Acid Market by Application
      • 7.3.3.4.2 South Korea Adipic Acid Market by End-use
    • 7.3.3.5 Singapore Adipic Acid Market
      • 7.3.3.5.1 Singapore Adipic Acid Market by Application
      • 7.3.3.5.2 Singapore Adipic Acid Market by End-use
    • 7.3.3.6 Malaysia Adipic Acid Market
      • 7.3.3.6.1 Malaysia Adipic Acid Market by Application
      • 7.3.3.6.2 Malaysia Adipic Acid Market by End-use
    • 7.3.3.7 Rest of Asia Pacific Adipic Acid Market
      • 7.3.3.7.1 Rest of Asia Pacific Adipic Acid Market by Application
      • 7.3.3.7.2 Rest of Asia Pacific Adipic Acid Market by End-use
• 7.4 LAMEA Adipic Acid Market
  • 7.4.1 LAMEA Adipic Acid Market by Application
    • 7.4.1.1 LAMEA Nylon 6, 6 Fiber Market by Country
    • 7.4.1.2 LAMEA Nylon 6, 6 Resin Market by Country
    • 7.4.1.3 LAMEA Polyurethane Market by Country
    • 7.4.1.4 LAMEA Adipate Esters Market by Country
    • 7.4.1.5 LAMEA Others Market by Country
  • 7.4.2 LAMEA Adipic Acid Market by End-use
    • 7.4.2.1 LAMEA Automotive Market by Country
    • 7.4.2.2 LAMEA Packaging & Consumer Goods Market by Country
    • 7.4.2.3 LAMEA Electrical & Electronics Market by Country
    • 7.4.2.4 LAMEA Textile Market by Country
    • 7.4.2.5 LAMEA Building & Construction Market by Country
    • 7.4.2.6 LAMEA Others Market by Country
  • 7.4.3 LAMEA Adipic Acid Market by Country
    • 7.4.3.1 Brazil Adipic Acid Market
      • 7.4.3.1.1 Brazil Adipic Acid Market by Application
      • 7.4.3.1.2 Brazil Adipic Acid Market by End-use
    • 7.4.3.2 Argentina Adipic Acid Market
      • 7.4.3.2.1 Argentina Adipic Acid Market by Application
      • 7.4.3.2.2 Argentina Adipic Acid Market by End-use
    • 7.4.3.3 UAE Adipic Acid Market
      • 7.4.3.3.1 UAE Adipic Acid Market by Application
      • 7.4.3.3.2 UAE Adipic Acid Market by End-use
    • 7.4.3.4 Saudi Arabia Adipic Acid Market
      • 7.4.3.4.1 Saudi Arabia Adipic Acid Market by Application
      • 7.4.3.4.2 Saudi Arabia Adipic Acid Market by End-use
    • 7.4.3.5 South Africa Adipic Acid Market
      • 7.4.3.5.1 South Africa Adipic Acid Market by Application
      • 7.4.3.5.2 South Africa Adipic Acid Market by End-use
    • 7.4.3.6 Nigeria Adipic Acid Market
      • 7.4.3.6.1 Nigeria Adipic Acid Market by Application
      • 7.4.3.6.2 Nigeria Adipic Acid Market by End-use
    • 7.4.3.7 Rest of LAMEA Adipic Acid Market
      • 7.4.3.7.1 Rest of LAMEA Adipic Acid Market by Application
      • 7.4.3.7.2 Rest of LAMEA Adipic Acid Market by End-use

Chapter 8. Company Profiles

• 8.1 Ascend Performance Materials LLC (SK Capital and Partners)
  • 8.1.1 Company Overview
  • 8.1.2 Recent strategies and developments:
    • 8.1.2.1 Product Launches and Product Expansions:
    • 8.1.2.2 Acquisition and Mergers:
  • 8.1.3 SWOT Analysis
• 8.2 Asahi Kasei Corporation
  • 8.2.1 Company Overview
  • 8.2.2 Financial Analysis
  • 8.2.3 Segmental and Regional Analysis
  • 8.2.4 Research & Development Expenses
  • 8.2.5 Recent strategies and developments:
    • 8.2.5.1 Partnerships, Collaborations, and Agreements:
• 8.3 BASF SE
  • 8.3.1 Company Overview
  • 8.3.2 Financial Analysis
  • 8.3.3 Segmental and Regional Analysis
  • 8.3.4 Research & Development Expense
  • 8.3.5 Recent strategies and developments:
    • 8.3.5.1 Acquisition and Mergers:
  • 8.3.6 SWOT Analysis
• 8.4 Koch Industries, Inc. (Invista BV)
  • 8.4.1 Company Overview
  • 8.4.2 SWOT Analysis
• 8.5 Lanxess AG
  • 8.5.1 Company Overview
  • 8.5.2 Financial Analysis
  • 8.5.3 Segmental and Regional Analysis
  • 8.5.4 Research & Development Expenses
  • 8.5.5 SWOT Analysis
• 8.6 Solvay SA
  • 8.6.1 Company Overview
  • 8.6.2 Financial Analysis
  • 8.6.3 Segmental and Regional Analysis
  • 8.6.4 Research & Development Expenses
  • 8.6.5 SWOT Analysis
• 8.7 Sumitomo Chemical Co., Ltd.
  • 8.7.1 Company Overview
  • 8.7.2 Financial Analysis
  • 8.7.3 Segmental and Regional Analysis
  • 8.7.4 Research & Development Expenses
  • 8.7.5 SWOT Analysis
• 8.8 Liaoyang Tianhua Chemical Co., Ltd
  • 8.8.1 Company Overview
  • 8.8.2 SWOT Analysis
• 8.9 Radici Partecipazioni SpA
  • 8.9.1 Company Overview
  • 8.9.2 Recent strategies and developments:
    • 8.9.2.1 Acquisition and Mergers:
  • 8.9.3 SWOT Analysis
• 8.10. Domo Chemicals GmbH
  • 8.10.1 Company Overview
  • 8.10.2 Recent strategies and developments:
    • 8.10.2.1 Acquisition and Mergers:
  • 8.10.3 SWOT Analysis

Chapter 9. Winning Imperatives of Adipic Acid Market