Synthetic & Bio-Based Adipic Acid Market Report: Trends, Forecast and Competitive Analysis to 2030

Synthetic & Bio-Based Adipic Acid Trends and Forecast

The future of the global synthetic & bio-based adipic acid looks promising with opportunities in the plasticizer, lubricant, and coating applications. The global synthetic & bio-based adipic acid is expected to reach an estimated $13.7 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are rising demand for eco-friendly materials and emergence of nylon 6.6.

A more than 150-page report is developed to help in your business decisions.

Synthetic & Bio-Based Adipic Acid by Segment

The study includes a forecast for the global synthetic & bio-based adipic acid by product type, type, aplication, and region.

Synthetic & Bio-Based Adipic Acid by Product Type [Shipment Analysis by Value from 2018 to 2030]:

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

Synthetic & Bio-Based Adipic Acid by Type [Shipment Analysis by Value from 2018 to 2030]:

• Synthetic Adipic Acid
• Bio-Based Adipic Acid

Synthetic & Bio-Based Adipic Acid by Aplication [Shipment Analysis by Value from 2018 to 2030]:

• Plasticizers
• Lubricants
• Coatings
• Others

Synthetic & Bio-Based Adipic Acid by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Synthetic & Bio-Based Adipic Acid Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies synthetic & bio-based adipic acid companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the synthetic & bio-based adipic acid companies profiled in this report include-

• Asahi Kasei
• Ascend Performance Materials
• BASF
• Liaoyang Petrochemical
• Radici
• Rhodia
• Shangdong Haili (Bohui)

Synthetic & Bio-Based Adipic Acid Market Insights

Lucintel forecasts that nylon 6,6 fiber is expected to witness highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period due to presence of key players in the region.

Features of the Global Synthetic & Bio-Based Adipic Acid

Market Size Estimates: Synthetic & bio-based adipic acid size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Synthetic & bio-based adipic acid size by product type, type, aplication, and region in terms of value ($B).

Regional Analysis: Synthetic & bio-based adipic acid breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, types, aplications, and regions for the synthetic & bio-based adipic acid.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the synthetic & bio-based adipic acid.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the synthetic & bio-based adipic acid size?

Answer: The global synthetic & bio-based adipic acid is expected to reach an estimated $13.7 billion by 2030.

Q.2 What is the growth forecast for synthetic & bio-based adipic acid?

Answer: The global synthetic & bio-based adipic acid is expected to grow with a CAGR of 5.3% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the synthetic & bio-based adipic acid?

Answer: The major drivers for this market are rising demand for eco-friendly materials and emergence of nylon 6.6.

Q4. What are the major segments for synthetic & bio-based adipic acid?

Answer: The future of the synthetic & bio-based adipic acid looks promising with opportunities in the plasticizer, lubricant, and coating applications.

Q5. Who are the key synthetic & bio-based adipic acid companies?

Answer: Some of the key synthetic & bio-based adipic acid companies are as follows:

• Asahi Kasei
• Ascend Performance Materials
• BASF
• Liaoyang Petrochemical
• Radici
• Rhodia
• Shangdong Haili (Bohui)

Q6. Which synthetic & bio-based adipic acid segment will be the largest in future?

Answer: Lucintel forecasts that nylon 6,6 fiber is expected to witness highest growth over the forecast period.

Q7. In synthetic & bio-based adipic acid, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the synthetic & bio-based adipic acid by product type (nylon 6,6 fiber, nylon 6,6 resin, polyurethanes, adipate esters, and others), type (synthetic adipic acid and bio-based adipic acid), aplication (plasticizers, lubricants, coatings, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?