Adipic Acid Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2014 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Adipic Acid Market Analysis, Market Size, Application

Analysis, Regional Outlook, Competitive Strategies And

Forecasts, 2014 To 2020

Global adipic acid market is expected to experience significant growth over the next six years on account

of increasing industrial applications. Adipic acid is generally used in production of nylon for composite

material which finds application in automotive industry. Growing automotive industry is likely to propel

global adipic acid market over the forecast period. Adipic acid also finds application in plastic additives,

paints and coatings, polyurethane resins, food additives, low temperature lubricants, and synthetic

fibers. Growing paints industry on account of increasing infrastructure is expected to drive the global

adipic acid market over the forecast period.

Adipic acid is also used as flavorant and gelling aid in food industry. Growing food industry owing to

increasing population is likely to propel the market over the foreseeable period. Nylon fibers and nylon

resins have been the major application segment of adipic acid over the recent past. Growing Nylon

fibers demand in automotive industry is expected to be the major factor driving adipic acid market over

the next six years.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Nylon resin being the important product of adipic acid finds application in footwear industry. Growing

automotive and footwear industry in emerging nation including Russia, China, India, and Brazil is

anticipated to have positive impact on adipic acid market over the next six years. Polyurethane is the

second major application of adipic acid. Polyurethane is expected to be the rapid growing application

segment over the forecast period owing to increasing application in thermal insulation and...