Global Adipic Acid Market, By Application (Nylon 6, 6 Fiber, Nylon 6, 6 Resin, Polyurethanes, Adipate Esters), End Use Industry (Automotive, Electrical & Electronics, Home Appliances, Textiles, FMCG), and Geography - Global Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

Adipic Acid – Insights

Adipic acid or hexanedioic acid are organic compounds with molecular formula (CH2)4(COOH)2. Adipic acids are commercially formed by the reaction between cyclohexanone and cyclohexanol. High purity adipic acids are used in the manufacture of polyurethane. These are widely used in home furnishing applications such as bedding foam, furniture, and carpet underlays. These are widely used in cushioning materials to make furniture more comfortable and durable.

Increasing applications of adipic acid in various end-use industries, namely paints & coatings, automobiles, textiles, industrial appliances, consumer goods, electrical & electronics, wires & cables and food & packaging industry is expected to boost growth of the adipic acid market during the forecast period (2017-2025).

Burgeoning population growth in turn results in increasing infrastructure development activities, especially in countries such as India, China, and Brazil. This subsequently fuels demand for paints & coatings and wires & cables. Changing life style and increasing disposable income is surging the demand for convenience food, which in turn is propelling demand for nylon 6,6 resin in food packaging industry.

Raw material price fluctuation coupled with high production cost of synthetic based adipic acid is expected to be the key challenge for market growth during the forecast period. Generation of harmful CO2 and toxic waste from adipic acid manufacturing unit, due to the use of petroleum based raw materials, has compelled the industry to shift in focus from synthetic towards bio based adipic acid. For instance, glucose is commonly used to produce bio based adipic acid. Whereas raw materials required to manufacture synthetic based adipic acid are petroleum and its derivatives, which require huge capital investment as compared to bio based adipic acid which in turn is expected to hinder the growth of synthetic based adipic acid market. For instance, on March 20, 2014, Rennovia Inc. and Johnson Matthey Davy Technologies Ltd. -- collaborated to develop and commercialize the production technology for bio-based glucaric acid and adipic acid. Also, on February 27, 2015, Rennovia Inc. and Johnson Matthey Davy Technologies Ltd. Announced plans to co-develop commercial catalysts for bio based adipic acid process are the key drivers for the growth of global adipic acid market during the forecast period.

The global adipic acid market size was valued at US$ 7.1 billion (revenue) and 3737.8 kilo tons (volume) in 2016 and is expected to expand at a CAGR of 6.0% in terms of revenue and 4.1% in terms of volume during 2017 – 2025.

Figure 1. Global Adipic Acid Market Share, 2016 (Revenue)

Adipic Acid Market

Source: Coherent Market Insights Analysis (2016)

Nylon 6,6 Fibers has emerged as the fastest growing application area for Adipic Acid

Nylon 6,6 fibers have been the major application segment of adipic acid in 2015. Increasing, demand for nylon 6,6 fibers in automotive industry is expected to be the key factor propelling growth of the market for adipic acid. Increasing automotive industry coupled with the growing population in emerging economies such as China, India, and Brazil is projected to augment market growth during the forecast period. For instance, according to India Brand Equity Foundation (IBEF) -- a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India -- by 2020, India is expected to be the world leader in 2W and 4W segments export. Also, Government of India plans to make India as an automobiles manufacturing hub by 2026, and the passenger vehicle segment is expected to reach 9.4 million units as highlighted in the Auto Mission Plan (AMP) 2016-2026.

Regional Insights

Europe, followed by Asia Pacific and North America, respectively, accounted for major share in the global adipic acid market both in terms of revenue and volume in 2016 and the trend is estimated to remain the same over the forecast period. In 2016, Asia Pacific held a share of 25.3% in terms of volume, followed by Europe (37.8%). The growing demand for nylon 6,6, fibers in the application segments in Asia Pacific due to increasing population, growing urbanization owing to surge in construction activities is expected to drive growth of the global adipic acid market during the forecast period. According to a study conducted by Coherent Market Insights, the global Adipate ester market is expected to witness a CAGR of 6.2% from 2017 to 2025, which in turn is expected to fuel the global adipic acid market.

Multinational players need to shift towards environment friendly and green technology

Major players in the global Adipic Acid market include Asahi Kasei Corporation, Ascend Performance Materials Inc., BASF SE, Invista, Lanxess Ag, PetroChina Liaoyang Petrochemical, Radici Group, Rhodia, Shandong Haili Chemical Industry Company Ltd., and Shandong Hongye Chemical Company, Ltd., Rennovia Inc.

The production of bio based and synthetic-based adipic acid follows a two-step process. The first step involves production of cyclohexane or cyclohexanone, commonly known as ketone alcohol oil, while the second step is the conversion of ketone alcohol oil into adipic acid using nitrogen acid reactions. This reaction leads to production of a large amount of nitrous oxide (N2O) and NOX.

Key end-use industries in the global adipic acid market, such as textile and automotive, have gained significant traction in the recent past, and the trend is expected to continue in the near future, in turn augmenting growth of the market. According to the stats provided by Coherent Market Insights, the automotive industry was dominating the market for adipic acid in 2016 and the trend is expected to continue in the following years. Adipic acid is mainly used in the production of nylon 6,6, which finds wide application across various industries ranging from automotive to textile. This is mainly attributed its high durability, lightweight, high elasticity and tensile strength. The clothing industry has witnessed rapid growth in the recent past, especially in emerging economies of India and China, due to increasing discretionary income.

Asia Pacific is expected to be the fastest growing region during the forecast period. Growing economy of China, Japan and India is in turn propelling the demand for improved residential and commercial complex to accommodate the rapidly growing population. This increases demand for synthetic fibers, paints & coatings and electrical wires & cables applications in various infrastructural projects. Europe was the largest market for adipic acids in 2016 and the region is expected to retain its dominance in the market through 2025.

Market Dynamics

Synthetic adipic acid is manufactured from petroleum products such as phenol and benzene. Fluctuation in crude oil prices and adverse environmental impact of manufacturing of adipic acid inhibits growth of the adipic acid market. The production of adipic acid involves significant generation of CO2 and also toxic industrial waste. This has led to increasing focus of players in the market towards development of bio-based adipic acid, which is more economically viable and involves a relatively clean production process. For instance, on November 30, 2011, Verdezyne, Inc.—a biotechnology company—announced plans to develop renewable chemicals and fuels from non-petroleum sources, with the commencement of its first pilot plant to produce adipic acid. Increasing merger & acquisition between multinational players and product development is expected to boost the market for adipic acid. For instance, on March 20, 2014, Rennovia Inc. and Johnson Matthey Davy Technologies Ltd. collaborated to develop and commercialize the production technology for bio-based glucaric acid and adipic acid. Also, on February 27, 2015, Rennovia Inc. and Johnson Matthey Davy Technologies Ltd. to co-develop commercial catalysts for bio-based adipic acid process are the key drivers for the growth of global adipic acid market during the forecast period.

The increasing preference of auto manufacturers towards the use of nylon 6, 6 due to the considerable lightweight, low cost, and excellent performance, resulting in high fuel efficiency and adherence to regulatory guidelines, is fueling growth of the adipic acid market. Changing food habits and increasing disposable income coupled with population expansion is propelling growth of the food & beverages industry and subsequently, increasing demand for nylon 6, 6 fiber in production of packaging products.

Market Taxonomy

This report segments the global Adipic Acid market on the basis of application. On the basis of application, the market is segmented as Nylon 6, 6 Fiber, Nylon 6, 6 Resin, Polyurethanes, Adipate Esters, and Others. On the basis of end-use industry, the global adipic acid market is segmented into Automotive, Electrical & Electronics, Home Appliances, Textiles, FMC and others.

Key features of the study:

  • This report provides in-depth analysis of the global Adipic Acid market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2017 – 2025), considering 2016 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 valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
  • It includes insights on the largest technology used to manufacture different types of adipic acid across the globe.
  • It profiles leading players in the global 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 Asahi Kasei Corporation, Ascend Performance Materials Inc., BASF SE, Invista, Lanxess Ag, PetroChina Liaoyang Petrochemical, Radici Group, Rhodia, Shandong Haili Chemical Industry Company Ltd., and Shandong Hongye Chemical Company, Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, technology upgrade, market expansion, and marketing tactics
  • The global adipic acid market report caters to various stakeholders in this industry, including investors, raw material manufacturer, resins manufacturer, end-users, distributors, new entrants, and financial analysts
  • Stakeholders would greatly benefit in decision making through the various strategy matrices used in analyzing the Adipic Acid market

Detailed Segmentation:

  • Global Adipic Acid Market, By Application:
    • Nylon 6, 6 Fiber
    • Nylon 6, 6 Resin
    • Polyurethanes
    • Adipate Esters
    • Others
  • Global Adipic Acid Market, By End Use Industry:
    • Automotive
    • Electrical & Electronics
    • Home Appliances
    • Textiles
    • FMCG
    • Others
  • Global Adipic Acid Market, By Geography:
    • North America
      • US
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Canada
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
    • Europe
      • UK
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Germany
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Italy
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • France
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Russia
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Rest of Europe
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
    • Asia-Pacific
      • China
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • India
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Japan
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • ASEAN
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Australia
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • South Korea
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Rest of Asia Pacific
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
    • Latin America
      • Brazil
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Mexico
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Rest of Latin America
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
    • Middle East
      • GCC
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Israel
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
    • Africa
      • North Africa
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • Central Africa
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
      • South Africa
        • By Application
          • Nylon 6, 6 Fiber
          • Nylon 6, 6 Resin
          • Polyurethanes
          • Adipate Esters
          • Others
        • By End Use Industry
          • Automotive
          • Electrical & Electronics
          • Home Appliances
          • Textiles
          • FMCG
          • Others
  • Company Profiles
    • Asahi Kasei Corporation *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Ascend Performance Materials Inc.
    • BASF SE
    • Invista
    • Lanxess Ag
    • PetroChina Liaoyang Petrochemical
    • Radici Group
    • Rhodia
    • Shandong Haili Chemical Industry Company Ltd.
    • Shandong Hongye Chemical Company, Ltd.

 “*” Marked represents similar segmentation in other categories in the respective section.

Note- We will profile top 10 companies’ profiles. Also, we will provide the exhaustive list of domestic players for every region.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet By Application
      • Market Snippet By End Use
      • Market Snippet By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trends
      • Mergers and Acquisitions
      • New Product Approvals/Launches
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Adipic Acid Market, By Application, 2016–2025 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2016 & 2025 (%)
      • Y-o-Y Growth Analysis, 2016–2025
      • Segment Trends
    • Nylon 6,6 Fiber
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Mn)
    • Nylon 6,6 Resin
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Mn)
    • Polyurethanes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Mn)
    • Adipate Esters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Mn)
  5. Global Adipic Acid Market, By End Use Industry, 2016–2025 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2016 & 2025 (%)
      • Y-o-Y Growth Analysis, 2016–2025
      • Segment Trends
    • Automobiles
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Mn)
    • Electrical & Electronics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Mn)
    • Home Appliances
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Mn)
    • Textiles
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Mn)
    • FMCG
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016–2025, (US$ Mn)
  6. Global Adipic Acid Market, By Regions, 2016–2025 (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2016 & 2025 (%)
      • Y-o-Y Growth Analysis, For Regions, 2016–2025
    • North America
      • Market Share Analysis, By Country, 2016 & 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016–2025
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
    • Europe
      • Market Share Analysis, By Country, 2016 & 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016–2025
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • France
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
    • Asia Pacific
      • Market Share Analysis, By Country, 2016 & 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016–2025
        • China
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • India
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
    • Latin America
      • Market Share Analysis, By Country, 2016 & 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016–2025
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
    • Middle East
      • Market Share Analysis, By Country, 2016 & 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016–2025
        • GCC Countries
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
    • Africa
      • Market Share Analysis, By Country, 2016 & 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2016–2025
        • Northern Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Application, 2016–2025 (US$ Mn)
          • Market Size and Forecast, By End Use Industry, 2016–2025 (US$ Mn)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
    • Company Profiles
      • Asahi Kasei Corporation *
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
    • Ascend Performance Materials I
    • BASF SE
    • Invista
    • Lanxess Ag
    • PetroChina Liaoyang Petrochemical
    • Radici Group
    • Rhodia
    • Shandong Haili Chemical Industry Company Ltd.
    • Shandong Hongye Chemical Company, Ltd.
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

“*” marked represents similar segmentation in other categories in the respective section.

Note- We will profile top 10 companies’ profiles. Also, we will provide the exhaustive list of domestic players for every region.

*Browse 90 market data tables and 40 figures on "Adipic Acid Market - Global forecast to 2025”.         

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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Key Benefits

  • Custom Research Solution

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  • Quick Turnaround Time Reports

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  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.