Global Adipic Acid Market Report Size, Trends & Growth Opportunity, By Application (Nylon 66 Fibers, Nylon 66 Engineering Resins, Polyurethanes, Adipate Esters, Other), By Raw Material (Cyclohexanol, Cyclohexanone), By End-user Industry (Automotive, Electrical and Electronics, Textiles, Food and Beverage, Personal Care, Pharmaceuticals, Other End-user Industries), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2030.
Global Adipic Acid Market      
The Global Adipic Acid Market is estimated to be USD 4881.96 Mn in 2022 and is projected to reach USD 6610.27 Mn by 2030, growing at a CAGR of 3.30%.
Hexanedioic acid which has a white crystalline structure is known as Adipic Acid.  Adipic acid which has the chemical formula C6H10O4 resulted in Carbon, oxygen, and hydrogen together.
Market Drivers 
Major factors that drive the Global Adipic Acid Market growth are the speedy industrialization and the rising applications of artificial polymers in different aspects of the industries.
Furthermore, it is also combined in numerous drug tablets to sustain the controlled release of acidic or basic drug compounds propelling the growth of the market.
Additionally, the rising electronics market and enlarged use of personal care products are boosting the market growth.
Market Restraints
One of the major restraining factors for market growth is stringent environmental regulations regarding production. Moreover, fluctuating raw material prices with high production costs also hinder market growth.  
Market Segmentation
Adipic Acid Market is segmented into major 4 categories. Based on Application, the market is segmented into Nylon 66 Fibers, Nylon 66 Engineering Resins, Polyurethanes, Adipate Esters, and Others. Based on End-user Industry, the market is divided into Automotive, Electrical and Electronics, Textiles, Food and Beverage, Personal Care, Pharmaceuticals, and Other End-user Industries. Based on Raw Material, the market is segmented into Cyclohexanol, Cyclohexanone. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Based on region Asia Pacific is expected to dominate the market owing to the increasing consumption of polyurethane in industries like automotive, construction, textiles, and electronics in major countries such as India, China, etc.
North America is also likely to witness substantial growth due to the increasing utilization of nylon 6, 6 fiber from the automotive industry in counties like the U.S. and Canada. Also, High individual disposable income is boosting the market growth.
Market Key Players
Some of the key players operating in the Global Adipic Acid Market are Ascend Performance Materials; Asahi Kasei Corporation; BASF SE; INVISTA; LANXESS; Liaoyang Tianhua Chemical Co., Ltd; Radici Partecipazioni S.p.A.; Solvay; Sumitomo Chemical Co., Ltd.; DOMO Chemicals.
Industry development
In January 2020, Solvay's polyamide business unit was acquired by BASF. Legacy products like Technyl will complement the acquirer's product depth. With this acquisition, BASF will also be able to provide better products to its dedicated clients.
August 2022: In collaboration with Japan's National Institute of Advanced Industrial Science and Technology and RIKEN, Toray company developed 100% bio-based adipic acid for sustainable PA66 production.
March 2022: Genomatica, a sustainable materials company, and Asahi Kasei, a Japan-based diversified global manufacturer, entered into a partnership to commercialize renewably-sourced nylon 6,61 made from Genomatica's bio-based HMD (hexamethylenediamine) building block. Nylon 6,6 is made by using approximately 50% HMD along with about 50% adipic acid.

Global Adipic Acid Market  
1 Introduction        
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Adipic Acid Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Adipic Acid Market, By Raw Material
5.1 Y-o-Y Growth Comparison, By Raw Material
5.2 Adipic Acid Market Share Analysis, By Raw Material
5.3 Adipic Acid Market Size and Forecast, By Raw Material
5.3.1 Cyclohexanol
5.3.2 Cyclohexanone
6 Adipic Acid Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Adipic Acid Market Share Analysis, By Application
6.3 Adipic Acid Market Size and Forecast, By Application
6.3.1 Nylon 66 Fibers
6.3.2 Nylon 66 Engineering Resins
6.3.3 Polyurethanes
6.3.4 Adipate Esters
6.3.5 Other
7 Adipic Acid Market, By End-user Industry
7.1 Y-o-Y Growth Comparison, By End-user Industry
7.2 Adipic Acid Market Share Analysis, By End-user Industry
7.3 Adipic Acid Market Size and Forecast, By End-user Industry
7.3.1 Automotive
7.3.2 Electrical and Electronics
7.3.3 Textiles
7.3.4 Food and Beverage
7.3.5 Personal Care
7.3.6 Pharmaceuticals
7.3.7 Other End-user Industries
8 Adipic Acid Market, By Region
8.1 Adipic Acid Market Share Analysis, By Region
8.2 Adipic Acid Market Share Analysis, By Region
8.3 Adipic Acid Market Size and Forecast, By Region
9 North America Adipic Acid Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Adipic Acid Market Share Analysis, By Raw Material
9.3 North America Adipic Acid Market Size and Forecast, By Application
9.4 North America Adipic Acid Market Size and Forecast, By End-user Industry
9.5 North America Adipic Acid Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Adipic Acid Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Adipic Acid Market Share Analysis, By Raw Material
10.3 Europe Adipic Acid Market Size and Forecast, By Application 
10.4 Europe Adipic Acid Market Size and Forecast, By End-user Industry
10.5 Europe Adipic Acid Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Adipic Acid Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Adipic Acid Market Share Analysis, By Raw Material
11.3 Asia Pacific Adipic Acid Market Size and Forecast, By Application 
11.4 Asia Pacific Adipic Acid Market Size and Forecast, By End-user Industry
11.5 Asia Pacific Adipic Acid Market Size and Forecast, By Country
11.5.1 China        
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Adipic Acid Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Adipic Acid Market Share Analysis, By Raw Material
12.3 Latin America Adipic Acid Market Size and Forecast, By Application 
12.4 Latin America Adipic Acid Market Size and Forecast, By End-user Industry
12.4 Latin America Adipic Acid Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Adipic Acid Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Adipic Acid Market Share Analysis, By Raw Material
13.3 Middle East Adipic Acid Market Size and Forecast, By Application 
13.4 Middle East Adipic Acid Market Size and Forecast, By End-user Industry
13.5 Middle East Adipic Acid Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Ascend Performance Materials
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Asahi Kasei Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 BASF SE
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 INVISTA 
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Liaoyang Tianhua Chemical Co., Ltd
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Radici Partecipazioni S.p.A.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Solvay
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies        
15.8 Sumitomo Chemical Co., Ltd
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 LANXESS
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 DOMO Chemicals 
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies