Dallas,TX (PRWEB) December 08, 2014
Increasing use of nylon 6,6 in the automotive industry is fueling the growth of the global market. Adipic acid which is a carboxylic acid is used for the manufacture of nylon 6,6. Adipic acid is used in a number of industrial sectors such as electronics, textiles and automotive. The global market for adipic acid is estimated to grow at a compound annual growth rate of 3.04 percent during the period from 2014 to 2019. Increasing demand from emerging economies in the Asia-Pacific region, particularly India and China are going to drive the growth in the market. The increasing demand for polyurethanes is also going to propel the growth of the adipic acid market in the future. However volatility in benzene prices is one of the biggest challenges in the global adipic acid market.
The increasing commercial use of bio-adipic acid due to growing awareness among consumers and manufacturers about reducing carbon footprints is one of the biggest trends in the market. As bio-adipic acid manufacturers receive price subsidies and other benefits from governments, manufacturers in the market have now started manufacturing adipic acid from bio-based feedstock. The demand for environment-friendly chemical manufacturing processes is also fueling the demand of bio-adipic acid in a number of industries.
Key players in the global adipic acid market are BASF, Solvay SA, Radici Partecipazioni, Ascend Performance Materials, Shandong Haili Chemical Industry, and INVISTA. Other important vendors in the market are Verdezyne, TCI Tokyo Chemical Industry, SK Capital Partners, TRInternational, PetroChina, KIC Chemicals, Celexion, American Tartaric Products, BioAmber, The Chemical, Sumitomo Chemical, ShiJiaZhuang GuYu Chemicals, Alfa Chem, Shenyang Ruikai Chemicals, Shandong Hongye, Alfa Aesar, Severodonetsk Azot Association, Santa Cruz Biotechnology, Rivneazot Open Joint Stock Company, Celexion ,Rennovia, Qinhuangdao Huanji Chemical, Lanxess, AVF Industries, KIC Chemicals, Jinan Haohua Industry, Itochu Chemical Frontier, Inolex, Hong Kong Bright Chemicals, Asahi Kasei, Haihang Industry, Genomatica, Finetech Industry, Brown Chemical, Command Chemical and China Shenma. The global market for adipic acid can be segmented on the basis of application and geographical regions. On the basis of application, the global adipic acid market can be segmented into nylon 6,6, polyurethanes, adipic esters, and others. Key leading counties in the adipic acid market are the US, China and Japan.
The report Global Adipic Acid Market 2015-2019 is an in-depth and professional report which covers market scenario, market size and forecasts, market trends, growth drivers, challenges, opportunities and threats, key vendors, and strengths and weaknesses of vendors.
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List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Global Adipic Acid Market Segmentation
Exhibit 3: Global Adipic Acid Market Segmentation by Application
Exhibit 4: Global Adipic Acid Market Segmentation by Geography
Exhibit 5: Global Adipic Acid Market 2014-2019 (MTPA)
Exhibit 6: Global Adipic Acid Imports and Exports 2004-2013 (MTPA)
Exhibit 7: Adipic Acid: Production Process
Exhibit 8: Adipic Acid Production Processes Analysis 2014
Exhibit 9: Global Adipic Acid Production Process Analysis 2014-2019
Exhibit 10: Global Adipic Acid Market Segmentation by Application 2014-2019
Exhibit 11: Global Adipic Acid Market Segmentation by Application 2014-2019 (MTPA)
Exhibit 12: Global Adipic Acid Market in Nylon 6,6 2014-2019 (MTPA)
Exhibit 13: Global Adipic Acid Market in Polyurethanes 2014-2019 (MTPA)
Exhibit 14: Global Adipic Acid Market in Adipic Esters 2014-2019 (MTPA)
Exhibit 15: Global Adipic Acid Market in Others 2014-2019 (MTPA) and more.
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