The Asia Pacific Adipic Acid Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 896.1 Kilo Tonnes, showcasing a growth of 4.0% (2019-2022).
Adipic acid prices mainly depend on the availability of raw materials, namely cyclohexanol and cyclohexanone, and demand from end-use sectors such as food & beverages, textile, pharmaceuticals, and personal care. BASF SE, Asahi Kasei Corporation, Lanxess, and Invista are major companies operating in this space.
Due to its toxicity, adipic acid poses severe threats to the environment. As per the New Jersey Department of Health and Senior Services, direct exposure to adipic acid can cause skin and ocular irritation and other health problems. Continuous exposure to this acid can also cause severe health conditions, such as cancer and reproductive disorders. Moreover, releasing adipic acid into natural water sources such as lakes, rivers, and ponds can be fatal to marine life, including invertebrates, fish, and aquatic vegetation. Therefore, the governing bodies of various nations have imposed multiple restrictions on the production, sale, distribution, and use of adipic acid. This is expected to restrain the growth of the market over the forecast period.
According to Invest India, India's domestic apparel & textile industry contributes approx. 2.3 % of the country's GDP and 7% of industry output in value terms. The share of textile, apparel, and handicrafts in India's total exports was 11.4% in 2020-21. India's textile exports were highest in FY 2021-22, crossing US$ 44 Bn. Adipic acid is a key raw material for producing nylon 6,6, a strong and durable synthetic polymer in the textile industry. It creates nylon fibers, fabrics, and yarns for various textile and apparel applications. India is a significant hub for apparel manufacturing and exports. The use of adipic acid-derived nylon materials in clothing, sportswear, hosiery, and fashion accessories is common in the country. The aspects mentioned above will expand the market growth in this region.
According to the State Council of China, in 2022, the added value of major electronics manufacturers rose 12.7 percent year-on-year, compared with the 7.5 percent growth seen in the overall industrial sector. The expanding electronics industry in China, which includes both domestic production and export-oriented manufacturing, leads to the demand for materials that meet the sector's stringent requirements. Adipic acid-based materials provide insulation, protection, and durability for electronic components, making them valuable in the context of the growing electronics industry in China. Manufacturers and suppliers in the market can collaborate with the Chinese electronics industry to offer solutions that align with its evolving needs. The aspects mentioned above will expand the market growth in this region.
The China market dominated the Asia Pacific Adipic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $638.8 million by 2030. The Japan market is registering a CAGR of 3.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 4.9% during (2023 - 2030).
Based on Application, the market is segmented into Nylon 6, 6 Fiber, Nylon 6, 6 Resin, Polyurethane, Adipate Esters, and Others. Based on End-use, the market is segmented into Automotive, Packaging & Consumer Goods, Electrical & Electronics, Textile, Building & Construction, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Adipic Acid Market is Predict to reach $6.2 Billion by 2030, at a CAGR of 3.9%
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.
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 Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- 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
TABLE 1 Asia Pacific Adipic Acid Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Adipic Acid Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Nylon 6, 6 Fiber Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Nylon 6, 6 Fiber Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Nylon 6, 6 Fiber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Nylon 6, 6 Fiber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Nylon 6, 6 Resin Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Nylon 6, 6 Resin Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Nylon 6, 6 Resin Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Nylon 6, 6 Resin Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Polyurethane Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Polyurethane Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Polyurethane Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Polyurethane Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Adipate Esters Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Adipate Esters Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Adipate Esters Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Adipate Esters Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Automotive Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Automotive Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Packaging & Consumer Goods Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Packaging & Consumer Goods Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Packaging & Consumer Goods Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Packaging & Consumer Goods Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Asia Pacific Electrical & Electronics Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Electrical & Electronics Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Electrical & Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Asia Pacific Electrical & Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Asia Pacific Textile Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Textile Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Textile Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Asia Pacific Textile Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Asia Pacific Building & Construction Market by Country, 2019 - 2022, USD Million
TABLE 50 Asia Pacific Building & Construction Market by Country, 2023 - 2030, USD Million
TABLE 51 Asia Pacific Building & Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 Asia Pacific Building & Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 54 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 55 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 Asia Pacific Adipic Acid Market by Country, 2019 - 2022, USD Million
TABLE 58 Asia Pacific Adipic Acid Market by Country, 2023 - 2030, USD Million
TABLE 59 Asia Pacific Adipic Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 Asia Pacific Adipic Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 China Adipic Acid Market, 2019 - 2022, USD Million
TABLE 62 China Adipic Acid Market, 2023 - 2030, USD Million
TABLE 63 China Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64 China Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65 China Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 66 China Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 67 China Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 68 China Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 69 China Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 70 China Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 71 China Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 72 China Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 73 Japan Adipic Acid Market, 2019 - 2022, USD Million
TABLE 74 Japan Adipic Acid Market, 2023 - 2030, USD Million
TABLE 75 Japan Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 76 Japan Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 77 Japan Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 78 Japan Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 79 Japan Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 80 Japan Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 81 Japan Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 82 Japan Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 83 Japan Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 84 Japan Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 85 India Adipic Acid Market, 2019 - 2022, USD Million
TABLE 86 India Adipic Acid Market, 2023 - 2030, USD Million
TABLE 87 India Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 88 India Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 89 India Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 90 India Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 91 India Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 92 India Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 93 India Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 94 India Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 95 India Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 96 India Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 97 South Korea Adipic Acid Market, 2019 - 2022, USD Million
TABLE 98 South Korea Adipic Acid Market, 2023 - 2030, USD Million
TABLE 99 South Korea Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 100 South Korea Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 101 South Korea Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 102 South Korea Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 103 South Korea Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 104 South Korea Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 105 South Korea Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 106 South Korea Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 107 South Korea Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 108 South Korea Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 109 Singapore Adipic Acid Market, 2019 - 2022, USD Million
TABLE 110 Singapore Adipic Acid Market, 2023 - 2030, USD Million
TABLE 111 Singapore Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 112 Singapore Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 113 Singapore Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 114 Singapore Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 115 Singapore Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 116 Singapore Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 117 Singapore Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 118 Singapore Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 119 Singapore Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 120 Singapore Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 121 Malaysia Adipic Acid Market, 2019 - 2022, USD Million
TABLE 122 Malaysia Adipic Acid Market, 2023 - 2030, USD Million
TABLE 123 Malaysia Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 124 Malaysia Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 125 Malaysia Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 126 Malaysia Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 127 Malaysia Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 128 Malaysia Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 129 Malaysia Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 130 Malaysia Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 131 Malaysia Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 132 Malaysia Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of Asia Pacific Adipic Acid Market, 2019 - 2022, USD Million
TABLE 134 Rest of Asia Pacific Adipic Acid Market, 2023 - 2030, USD Million
TABLE 135 Rest of Asia Pacific Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of Asia Pacific Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of Asia Pacific Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 138 Rest of Asia Pacific Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 139 Rest of Asia Pacific Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of Asia Pacific Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 141 Rest of Asia Pacific Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 142 Rest of Asia Pacific Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 143 Rest of Asia Pacific Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 144 Rest of Asia Pacific Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 145 Key Information – Ascend Performance Materials
TABLE 146 Key Information – Asahi Kasei Corporation
TABLE 147 Key Information – BASF SE
TABLE 148 key Information – Koch Industries, Inc.
TABLE 149 key Information – Lanxess AG
TABLE 150 Key Information – Solvay SA
TABLE 151 Key Information – Sumitomo Chemical Co., Ltd.
TABLE 152 Key Information – Liaoyang Tianhua Chemical Co., Ltd
TABLE 153 Key Information – Radici Partecipazioni SpA
TABLE 154 Key Information – Domo chemicals gmbh
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Adipic Acid Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Adipic Acid Market
FIG 4 Porter’s Five Forces Analysis - Adipic Acid Market
FIG 5 Asia Pacific Adipic Acid Market Share by Application, 2022
FIG 6 Asia Pacific Adipic Acid Market Share by Application, 2030
FIG 7 Asia Pacific Adipic Acid Market by Application, 2019 - 2030, USD Million
FIG 8 Asia Pacific Adipic Acid Market Share by End-use, 2022
FIG 9 Asia Pacific Adipic Acid Market Share by End-use, 2030
FIG 10 Asia Pacific Adipic Acid Market by End-use, 2019 - 2030, USD Million
FIG 11 Asia Pacific Adipic Acid Market Share by Country, 2022
FIG 12 Asia Pacific Adipic Acid Market Share by Country, 2030
FIG 13 Asia Pacific Adipic Acid Market by Country, 2019 - 2030, USD Million
FIG 14 Recent strategies and developments: Ascend performance materials llc
FIG 15 SWOT Analysis: Ascend Performance Materials LLC
FIG 16 SWOT Analysis: BASF SE
FIG 17 SWOT Analysis: Koch Industries, Inc.
FIG 18 SWOT Analysis: Lanxess AG
FIG 19 SWOT Analysis: Solvay SA
FIG 20 Swot Analysis: Sumitomo Chemical Co., Ltd.
FIG 21 SWOT Analysis: Liaoyang Tianhua Chemical Co., Ltd
FIG 22 SWOT Analysis: Radici Partecipazioni SpA
FIG 23 SWOT Analysis: Radici Partecipazioni SpA
