The Latin America, Middle East and Africa Adipic Acid Market would witness market growth of 5.6% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 314.4 Kilo Tonnes, showcasing a growth of 5.5% (2023-2030).
Adipic acid is hazardous to the environment, and its release to natural water sources such as rivers and ponds leads to their contamination. Manufacturers of this acid have to ensure its minimum release to the environment. The complications associated with using the product in terms of its hazardous impact on humans and the environment might influence end users of this acid to opt for alternative products such as green adipic acid. This is expected to restrain the demand for the acidic acid market in the forecast period.
Changes in consumer preferences and trends can impact the demand for products made with adipic acid. For example, the shift towards sustainable and eco-friendly products can influence the market. International trade agreements, tariffs, and trade policies can impact the import and export of adipic acid, affecting market dynamics. The number and competitiveness of producers in the market can influence pricing and supply. A more competitive market may lead to lower prices and greater innovation. The growth of emerging nations can significantly impact the market. Increased industrialization and consumption in these regions can drive demand.
The International Trade Administration estimates that in 2020, Saudi Arabia accounted for nearly 52% of all vehicles sold in the Gulf Cooperation Council (GCC) and 35% in the MENA region. In 2019 and 2020, Saudi Arabia sold 556 thousand and 436 thousand vehicles, respectively. Sales are expected to reach 543,000 units by 2025, with only 32,000 being electric vehicles (EVs). Adipic acid is used to produce components for lithium-ion batteries, which are crucial for electric vehicles. These components include separators and insulating materials that help enhance battery performance and safety. The expansion of the EV industry in Saudi Arabia, driven by environmental concerns, government initiatives, and economic diversification, presents an opportunity to use materials produced with adipic acid in various EV components and infrastructure.
According to the National Library of Medicine, packaging industries in South Africa used 52 percent of domestic and imported plastic raw materials in 2021. South Africa produces 1,492,000 tonnes of plastic locally. South Africa may aim to compete in the global packaging industry. Adopting advanced materials, including those produced with adipic acid, can contribute to the quality and sustainability of packaging materials. The aforementioned factors will significantly expand the market growth across the region.
The Brazil market dominated the LAMEA Adipic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $141.5 million by 2030. The Argentina market is showcasing a CAGR of 6.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 5.3% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Adipic Acid Market is Projected to reach USD 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)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Adipic Acid Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Adipic Acid Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 6 LAMEA Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 7 LAMEA Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Nylon 6, 6 Fiber Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Nylon 6, 6 Fiber Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Nylon 6, 6 Fiber Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Nylon 6, 6 Fiber Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Nylon 6, 6 Resin Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Nylon 6, 6 Resin Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Nylon 6, 6 Resin Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Nylon 6, 6 Resin Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Polyurethane Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Polyurethane Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Polyurethane Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Polyurethane Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Adipate Esters Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Adipate Esters Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Adipate Esters Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Adipate Esters Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 LAMEA Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 30 LAMEA Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 31 LAMEA Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 32 LAMEA Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 33 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Automotive Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 LAMEA Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 LAMEA Packaging & Consumer Goods Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Packaging & Consumer Goods Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Packaging & Consumer Goods Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 LAMEA Packaging & Consumer Goods Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 LAMEA Electrical & Electronics Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Electrical & Electronics Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Electrical & Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 LAMEA Electrical & Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 LAMEA Textile Market by Country, 2019 - 2022, USD Million
TABLE 46 LAMEA Textile Market by Country, 2023 - 2030, USD Million
TABLE 47 LAMEA Textile Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 LAMEA Textile Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 LAMEA Building & Construction Market by Country, 2019 - 2022, USD Million
TABLE 50 LAMEA Building & Construction Market by Country, 2023 - 2030, USD Million
TABLE 51 LAMEA Building & Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 LAMEA Building & Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 54 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 55 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 LAMEA Adipic Acid Market by Country, 2019 - 2022, USD Million
TABLE 58 LAMEA Adipic Acid Market by Country, 2023 - 2030, USD Million
TABLE 59 LAMEA Adipic Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 LAMEA Adipic Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 Brazil Adipic Acid Market, 2019 - 2022, USD Million
TABLE 62 Brazil Adipic Acid Market, 2023 - 2030, USD Million
TABLE 63 Brazil Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64 Brazil Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65 Brazil Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 66 Brazil Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 67 Brazil Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 68 Brazil Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 69 Brazil Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 70 Brazil Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 71 Brazil Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 72 Brazil Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 73 Argentina Adipic Acid Market, 2019 - 2022, USD Million
TABLE 74 Argentina Adipic Acid Market, 2023 - 2030, USD Million
TABLE 75 Argentina Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 76 Argentina Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 77 Argentina Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 78 Argentina Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 79 Argentina Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 80 Argentina Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 81 Argentina Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 82 Argentina Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 83 Argentina Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 84 Argentina Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 85 UAE Adipic Acid Market, 2019 - 2022, USD Million
TABLE 86 UAE Adipic Acid Market, 2023 - 2030, USD Million
TABLE 87 UAE Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 88 UAE Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 89 UAE Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 90 UAE Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 91 UAE Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 92 UAE Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 93 UAE Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 94 UAE Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 95 UAE Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 96 UAE Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 97 Saudi Arabia Adipic Acid Market, 2019 - 2022, USD Million
TABLE 98 Saudi Arabia Adipic Acid Market, 2023 - 2030, USD Million
TABLE 99 Saudi Arabia Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 100 Saudi Arabia Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 101 Saudi Arabia Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 102 Saudi Arabia Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 103 Saudi Arabia Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 104 Saudi Arabia Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 105 Saudi Arabia Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 106 Saudi Arabia Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 107 Saudi Arabia Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 108 Saudi Arabia Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 109 South Africa Adipic Acid Market, 2019 - 2022, USD Million
TABLE 110 South Africa Adipic Acid Market, 2023 - 2030, USD Million
TABLE 111 South Africa Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 112 South Africa Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 113 South Africa Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 114 South Africa Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 115 South Africa Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 116 South Africa Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 117 South Africa Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 118 South Africa Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 119 South Africa Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 120 South Africa Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 121 Nigeria Adipic Acid Market, 2019 - 2022, USD Million
TABLE 122 Nigeria Adipic Acid Market, 2023 - 2030, USD Million
TABLE 123 Nigeria Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 124 Nigeria Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 125 Nigeria Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 126 Nigeria Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 127 Nigeria Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 128 Nigeria Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 129 Nigeria Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 130 Nigeria Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 131 Nigeria Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 132 Nigeria Adipic Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of LAMEA Adipic Acid Market, 2019 - 2022, USD Million
TABLE 134 Rest of LAMEA Adipic Acid Market, 2023 - 2030, USD Million
TABLE 135 Rest of LAMEA Adipic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of LAMEA Adipic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of LAMEA Adipic Acid Market by Application, 2019 - 2022, USD Million
TABLE 138 Rest of LAMEA Adipic Acid Market by Application, 2023 - 2030, USD Million
TABLE 139 Rest of LAMEA Adipic Acid Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of LAMEA Adipic Acid Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 141 Rest of LAMEA Adipic Acid Market by End-use, 2019 - 2022, USD Million
TABLE 142 Rest of LAMEA Adipic Acid Market by End-use, 2023 - 2030, USD Million
TABLE 143 Rest of LAMEA Adipic Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 144 Rest of LAMEA 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 LAMEA 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 LAMEA Adipic Acid Market Share by Application, 2022
FIG 6 LAMEA Adipic Acid Market Share by Application, 2030
FIG 7 LAMEA Adipic Acid Market by Application, 2019 - 2030, USD Million
FIG 8 LAMEA Adipic Acid Market Share by End-use, 2022
FIG 9 LAMEA Adipic Acid Market Share by End-use, 2030
FIG 10 LAMEA Adipic Acid Market by End-use, 2019 - 2030, USD Million
FIG 11 LAMEA Adipic Acid Market Share by Country, 2022
FIG 12 LAMEA Adipic Acid Market Share by Country, 2030
FIG 13 LAMEA 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
