The Europe Adipic Acid Market would witness market growth of 3.7% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 374.4 Kilo Tonnes, showcasing a growth of 3.5% (2019-2022).
The electronic industry provides various products, from consumer electronics to aerospace. In the future, the continued digitalization, and the growing utilization of electronic devices such as smartphones, computers, and televisions are expected to contribute to the expansion of the electrical & electronics industry. This is expected to increase the market, which is used as a feedstock in the production of nylon 6, 6, thereby positively affecting the demand for adipic acid.
The aftermath of coronavirus is expected to encourage the expansion of the pharmaceuticals industry. This is expected to positively affect market growth due to the pharmaceutical industry's rising demand for adipic acid. In addition, the increasing international adoption of electric vehicles is expected to expand the automotive sector, thereby increasing the demand for adipic acid in producing nylon 6, 6.
The rising disposable income of customers, coupled with their easy access to finances in the form of loans from banks, has contributed to the growth of the global automotive industry. In addition, electric vehicles and automatic cars, which offer accessible and less effort-driving experiences to customers, are also witnessing surged demand globally. Thus, the increasing demand for automobiles worldwide is expected to fuel the consumption of nylon 6, 6, positively impacting the demand for adipic acid.
According to the German Trade and Administration, high innovation levels and low barriers to new product entry have helped create a EUR 12.7 billion confectionery and snack production industry in 2020. The leading segments in terms of market value are cocoa and chocolate products (EUR 5.5 billion). Adipic acid is used as a food additive in the confectionery industry. It is an acidity regulator and pH control agent in various products, including candies, chocolates, and chewing gum. Expanding the confectionery industry in Germany and its focus on quality, innovation, and sustainability can create opportunities to use adipic acid in various applications.
According to the government of the UK, there were 2.3 million vehicles registered for the first time in the UK in 2021, a rise of 5% compared to 2020. As vehicle registration in the UK rises, there is a corresponding increase in automobile demand. This leads to greater production of vehicles, which in turn requires the use of nylon 6,6 produced with adipic acid for components such as air intake manifolds, engine covers, and radiator end tanks. The aspects mentioned above will boost the market growth in this region.
The Germany market dominated the Europe Adipic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $355.2 million by 2030. The UK market is experiencing a CAGR of 2.9% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 4.5% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Adipic Acid Market will Hit $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)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Adipic Acid Market, 2019 - 2022, USD Million
TABLE 2 Europe Adipic Acid Market, 2023 - 2030, USD Million
TABLE 3 Europe Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 6 Europe Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 7 Europe Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Nylon 6, 6 Fiber Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Nylon 6, 6 Fiber Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Nylon 6, 6 Fiber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Nylon 6, 6 Fiber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Nylon 6, 6 Resin Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Nylon 6, 6 Resin Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Nylon 6, 6 Resin Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Nylon 6, 6 Resin Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Polyurethane Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Polyurethane Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Polyurethane Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Polyurethane Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Adipate Esters Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Adipate Esters Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Adipate Esters Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Adipate Esters Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 30 Europe Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 31 Europe Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 33 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Automotive Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Europe Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Europe Packaging & Consumer Goods Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Packaging & Consumer Goods Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Packaging & Consumer Goods Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Europe Packaging & Consumer Goods Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Europe Electrical & Electronics Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Electrical & Electronics Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Electrical & Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Europe Electrical & Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Europe Textile Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Textile Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Textile Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Europe Textile Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Europe Building & Construction Market by Country, 2019 - 2022, USD Million
TABLE 50 Europe Building & Construction Market by Country, 2023 - 2030, USD Million
TABLE 51 Europe Building & Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 Europe Building & Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 54 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 55 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 Europe Adipic Acid Market by Country, 2019 - 2022, USD Million
TABLE 58 Europe Adipic Acid Market by Country, 2023 - 2030, USD Million
TABLE 59 Europe Adipic Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 Europe Adipic Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 Germany Adipic Acid Market, 2019 - 2022, USD Million
TABLE 62 Germany Adipic Acid Market, 2023 - 2030, USD Million
TABLE 63 Germany Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64 Germany Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65 Germany Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 66 Germany Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 67 Germany Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 68 Germany Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 69 Germany Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 70 Germany Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 71 Germany Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 72 Germany Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 73 UK Adipic Acid Market, 2019 - 2022, USD Million
TABLE 74 UK Adipic Acid Market, 2023 - 2030, USD Million
TABLE 75 UK Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 76 UK Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 77 UK Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 78 UK Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 79 UK Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 80 UK Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 81 UK Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 82 UK Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 83 UK Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 84 UK Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 85 France Adipic Acid Market, 2019 - 2022, USD Million
TABLE 86 France Adipic Acid Market, 2023 - 2030, USD Million
TABLE 87 France Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 88 France Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 89 France Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 90 France Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 91 France Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 92 France Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 93 France Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 94 France Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 95 France Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 96 France Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 97 Russia Adipic Acid Market, 2019 - 2022, USD Million
TABLE 98 Russia Adipic Acid Market, 2023 - 2030, USD Million
TABLE 99 Russia Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 100 Russia Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 101 Russia Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 102 Russia Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 103 Russia Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 104 Russia Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 105 Russia Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 106 Russia Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 107 Russia Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 108 Russia Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 109 Spain Adipic Acid Market, 2019 - 2022, USD Million
TABLE 110 Spain Adipic Acid Market, 2023 - 2030, USD Million
TABLE 111 Spain Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 112 Spain Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 113 Spain Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 114 Spain Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 115 Spain Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 116 Spain Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 117 Spain Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 118 Spain Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 119 Spain Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 120 Spain Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 121 Italy Adipic Acid Market, 2019 - 2022, USD Million
TABLE 122 Italy Adipic Acid Market, 2023 - 2030, USD Million
TABLE 123 Italy Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 124 Italy Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 125 Italy Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 126 Italy Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 127 Italy Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 128 Italy Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 129 Italy Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 130 Italy Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 131 Italy Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 132 Italy Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of Europe Adipic Acid Market, 2019 - 2022, USD Million
TABLE 134 Rest of Europe Adipic Acid Market, 2023 - 2030, USD Million
TABLE 135 Rest of Europe Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of Europe Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of Europe Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 138 Rest of Europe Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 139 Rest of Europe Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of Europe Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 141 Rest of Europe Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 142 Rest of Europe Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 143 Rest of Europe Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 144 Rest of Europe 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 Europe 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 Europe Adipic Acid Market Share by Application, 2022
FIG 6 Europe Adipic Acid Market Share by Application, 2030
FIG 7 Europe Adipic Acid Market by Application, 2019 - 2030, USD Million
FIG 8 Europe Adipic Acid Market Share by End-use, 2022
FIG 9 Europe Adipic Acid Market Share by End-use, 2030
FIG 10 Europe Adipic Acid Market by End-use, 2019 - 2030, USD Million
FIG 11 Europe Adipic Acid Market Share by Country, 2022
FIG 12 Europe Adipic Acid Market Share by Country, 2030
FIG 13 Europe 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
