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Adipic Acid Market 2019 – Growth Analysis by Industry Size, Share, Latest Updates, Opportunities, Investment Cost and Forecast to 2024

Adipic

The “Adipic Acid Market” report 2019 covers all the significant developments which are recently being adopted across the global market. The prime objective of Adipic Acid market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends and opportunities. The Adipic Acid market report covers both the demand and supply aspect of the market. The report also highlighted the future trends in the Adipic Acid market that will impact the demand during the forecast period.

Scope of the Report:

  • This report studies the global Adipic Acid market size, industry status and forecast, competition landscape and growth opportunity.

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    Market Overview:

  • The market for adipic acid is expected to expand at a CAGR of more than 3.25% during the forecast period of 2019 – 2024. Major factors driving the market studied includes the growing electronics market in China and Japan, and rising use in personal care and pharmaceutical industry, among others.
  • – Stringent environment regulations regarding production process are expected to hinder the growth of the market studied.
  • – Rising awareness of bio-based adipic acid is likely to act as an opportunity in the forecast period.
  • – Asia-Pacific dominated the market across the globe with the largest consumption from countries such as China, Japan, etc.<

    Some of the Top Key Players of Adipic Acid Market Report Are:

  • Asahi Kasei Corporation.
  • Ascend Performance Materials
  • BASF SE
  • DowDuPont
  • huafeng group
  • LANXESS
  • Radici Partecipazioni SpA
  • Shenma Industrial Co., Ltd.
  • Solvay
  • Sumitomo Chemical Co., Ltd.
  • Tangshan Zhonghao Chemical Co., Ltd.
  • Tian Li High & New Tech. Co., Ltd

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    Key Market Trends:

    Increasing Demand from the Electrical & Electronics Industry

    – Nylon 66, which is manufactured from adipic acid, is used primarily for it’s superior mechanical, temperature resistant and electric insulating properties in the electrical & electronics industry.
    – According to Japan Electronics and Information Technology Industries Association (JEITA), the global electronics industry is expected to grow by more than 4% in 2019, driven by the demand for IT solution services and consumer electronics.
    – Historically, the electronics industry has seen competition between the United States and Japan, but most countries of the world are now rapidly accelerating their electronics manufacturing and electronics consumer bases like China and South Korea.
    – In India, the demand for electronic products and systems is estimated to be around USD 400 billion by 2020, registering a CAGR of 24.4% during 2012-2020 (according to Electronic Industries Association of India), which would further aggravate the domestic production through the years.
    – The above-mentioned factors are expected to contribute to the growth of the adipic acid market in the electrical & electronics segment, during the forecast period.

    China to Dominate the Market in Asia-Pacific Region

    – Globally, China has the largest defense spending in the world, after the United States. The country is planning to boost its military spending by more than 8% in 2019, with the aim to further advance its armed forces.
    – Additionally, the aviation industry in the country is said to be adding around 6,000 new airplanes between 2016 and 2033. The increase in these numbers of passengers encourages the government to invest more in the production of more flights, which, in turn, increases the consumption of nylon 6,6.
    – Furthermore, Electronic products, such as smartphones, OLED TVs, tablets, etc., have the highest growth in the market in the consumer electronics segment. The demand for electronic products is projected to grow in the near future, thereby driving the adipic acid market.
    – The textile industry in China is also booming with increasing investments and government support from the 13th Five-year Plan.
    – Hence, with growth in the electrical & electronics, aerospace & defense, and textile sectors in the country, the demand for adipic acid is expected to increase in the upcoming years.

    The Report Covers:

    • Comprehensive research methodology of Adipic Acid market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Adipic Acid market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Adipic Acid Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Use of Nylon 66 in the Automotive Industry
    4.1.2 Growing Electronics Market in China and Japan
    4.1.3 Rising Use in Personal Care and Pharmaceutical Industry
    4.2 Restraints
    4.2.1 Stringent Environment Regulations Regarding Production Process
    4.2.2 Others
    4.3 Industry Value-Chain Analysis
    4.4 Porters Five Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Technological Snapshot
    4.5.1 Production Process
    4.5.2 Technology Licensing and Patent Analysis

    5 MARKET SEGMENTATION
    5.1 By Raw Material
    5.1.1 Cyclohexanol
    5.1.2 Cyclohexanone
    5.2 By End Product
    5.2.1 Nylon 66 Fibers
    5.2.2 Nylon 66 Engineering Resins
    5.2.3 Polyurethanes
    5.2.4 Adipate Esters
    5.2.5 Others
    5.3 By Application
    5.3.1 Plasticizers
    5.3.2 Unsaturated Polyester Resins
    5.3.3 Wet Paper Resins
    5.3.4 Coatings
    5.3.5 Synthetic Lubricants
    5.3.6 Food Additives
    5.3.7 Others
    5.4 By End-user Industry
    5.4.1 Automotive
    5.4.2 Electrical & Electronics
    5.4.3 Textiles
    5.4.4 Food & Beverages
    5.4.5 Personal Care
    5.4.6 Pharmaceutical
    5.4.7 Others
    5.5 Geography
    5.5.1 Asia-Pacific
    5.5.1.1 China
    5.5.1.2 India
    5.5.1.3 Japan
    5.5.1.4 South Korea
    5.5.1.5 Australia & New Zealand
    5.5.1.6 Rest of Asia-Pacific
    5.5.2 North America
    5.5.2.1 United States
    5.5.2.2 Canada
    5.5.2.3 Mexico
    5.5.2.4 Rest of North America
    5.5.3 Europe
    5.5.3.1 Germany
    5.5.3.2 United Kingdom
    5.5.3.3 Italy
    5.5.3.4 France
    5.5.3.5 Russia
    5.5.3.6 NORDIC Countries
    5.5.3.7 Spain
    5.5.3.8 Rest of Europe
    5.5.4 South America
    5.5.4.1 Brazil
    5.5.4.2 Argentina
    5.5.4.3 Rest of South America
    5.5.5 Middle East & Africa
    5.5.5.1 Saudi Arabia
    5.5.5.2 South Africa
    5.5.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Asahi Kasei Corporation.
    6.4.2 Ascend Performance Materials
    6.4.3 BASF SE
    6.4.4 DowDuPont
    6.4.5 huafeng group
    6.4.6 LANXESS
    6.4.7 Radici Partecipazioni SpA
    6.4.8 Shenma Industrial Co., Ltd.
    6.4.9 Solvay
    6.4.10 Sumitomo Chemical Co., Ltd.
    6.4.11 Tangshan Zhonghao Chemical Co., Ltd.
    6.4.12 Tian Li High & New Tech. Co., Ltd

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Rising Awareness of Bio-Based Adipic Acid
    7.2 Others

     

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