Adipic Acid Market

Adipic Acid Market Size and Forecast

The global Adipic Acid Market is valued at USD 5.55 Billion in 2024 and is projected to reach a value of USD 9.14 Billion by 2035 at a CAGR (Compound Annual Growth Rate) of 4.65% between 2025 and 2035.

Adipic Acid Market Key Highlights

• Based on the Raw Material, the Cyclohexane category accounted for significant market share in Adipic Acid market industry in 2024
• In 2024, by Application, Nylon 6,6 Fiber dominated the Adipic Acid market with 52.20% of market share
• Based on the End User Industry, the Automotive category accounted for significant market share in Adipic Acid market industry for 40.60% in 2024
• North America dominated the Adipic Acid market industry with 40.40% Adipic Acid market share in 2024
• Asia Pacific region is anticipated to grow at the highest CAGR during the forecast period in Adipic Acid market industry

Adipic Acid Market Drivers

Automotive Industry Drives Demand

The growing adoption of nylon 6,6 in the automotive industry is a key driver for the demand for Adipic Acid market. Nylon 6,6 is increasingly used to replace metals in vehicles, providing a lightweight, durable alternative that enhances fuel efficiency and performance. The COVID-19 pandemic significantly impacted consumer behavior, leading to a surge in automobile purchases as people sought safer commuting options amid reduced public transportation services. This increased demand for vehicles directly boosts the need for nylon 6,6, and subsequently, for Adipic Acid market. As automotive manufacturers continue to integrate advanced plastics to improve vehicle efficiency and safety, the consumption of nylon 6,6 is expected to rise, further propelling the Adipic Acid market.

Electronics Sector Growth Boosts Need for Nylon 6,6 and Adipic Acid

Nylon 6,6 resin is widely utilized in the electronics industry for producing components like mobile phone connectors, computer motherboards, terminal blocks, power tool housings, and circuit breakers due to its excellent electrical and mechanical properties, including high dielectric strength, flame retardancy, and insulation resistance. As the electronics sector continues to expand with the increasing use of digital devices such as smartphones, computers, and televisions, this growth is expected to drive up the demand for nylon 6,6.

Rising 3D Printing Applications Propel Market Growth

The market is also significantly driven by the rising demand for 3D printing. Adipic acid derivatives, such as polyamide (PA), are highly suited for 3D printing due to their exceptional flexibility, durability, and mechanical properties. Unlike other thermoplastics like PLA and ABS, PA offers superior impact resistance and chemical resilience, making it ideal for industrial components. Its ability to absorb moisture also facilitates easy post-processing with spray paints and dyes. With a higher melting point and low friction coefficient, PA can produce abrasion-resistant parts, including functional interlocking gears. As 3D printing technology advances, the use of adipic acid in creating high-performance, precision parts are expected to grow.

Infrastructure Development and Rising Disposable Incomes Fuel Adipic Acid Market Demand

The growing global population, especially in developing countries like Brazil, China, and India, is driving increased infrastructure development, which in turn boosts the demand for wires, cables, paints, and coatings. Acidic acid plays a crucial role in this sector as a difunctional crosslinking agent in water-based acrylic emulsions used in paints and coatings. Additionally, rising disposable incomes and evolving lifestyles are propelling the demand for convenience foods, which drives the need for nylon 6,6 resin in food packaging.

Application Insights

Based on Application, the global market is segmented into Nylon 6,6 Fiber, Nylon 6,6 Resin, Polyurethane, Adipate Esters, and Others. The Nylon 6,6 Fiber segment held the dominant share in 2024, accounting for significant Adipic Acid industry share of 52.20%.

• Nylon 6,6 Fiber: Nylon 6,6 fiber, produced from adipic acid and hexamethylenediamine, is one of the most important applications of adipic acid. This type of nylon is used extensively in the textile and apparel industries due to its strength, durability, and resistance to wear. Its also used in automotive fabrics, carpets, industrial fabrics, and performance sportswear. The fibers are also used for making upholstery and in applications requiring high tensile strength and abrasion resistance
• Nylon 6,6 Resin: Nylon 6,6 resin is a high-performance engineering plastic produced from adipic acid and hexamethylenediamine. It’s particularly important in automotive, electrical, and electronics industries, where its used to manufacture parts such as connectors, gears, and under-the-hood automotive components. Nylon 6,6 resin is also used in consumer goods, industrial machinery, and packaging materials, offering strength, flexibility, and impact resistance
• Polyurethanes: Adipic acid is used in the production of polyurethanes, which are a group of polymers used in a wide range of applications. Polyurethanes made from adipic acid are commonly used in the automotive, construction, and footwear industries. They are used for manufacturing flexible foams (e.g., for mattresses and cushions), rigid foams (for insulation), coatings, adhesives, sealants, and elastomers.

End User Industry Insights

The End user industry segment is divided into Automotive, Electrical & Electronics, Home Appliances, Textiles, Construction, Healthcare, Others. The Automotive segment held the dominant share in 2024, accounting for significant Adipic Acid industry share of 40.60%.

• Automotive: In the automotive industry, adipic acid is used primarily in the production of nylon 6,6, which is used for making various parts such as airbags, fuel lines, seat belts, and under-the-hood components. It is also used in manufacturing lightweight, high-performance plastic parts for vehicles, contributing to weight reduction and fuel efficiency
• Electrical & Electronics: In the electrical and electronics industry, adipic acid is used in the production of insulating materials, connectors, and other components that require durable, high-performance plastics. Nylon 6,6 and other adipic acid-derived materials are commonly used for electrical connectors, circuit breakers, and other electrical parts due to their electrical insulation properties and high resistance to heat
• Home Appliances: Adipic acid is used in the production of polyamide (nylon) materials, which are integral to the construction of home appliances such as refrigerators, washing machines, dishwashers, and microwave ovens. These materials are favored for their strength, durability, and resistance to wear and tear, making them ideal for appliance components such as gears, valves, and inner linings
• Textiles: Adipic acid is a key component in the production of synthetic fibers, particularly nylon 6,6. These fibers are used in a variety of textile products, including clothing, carpets, and upholstery. The textile industry relies on the superior strength, elasticity, and resistance to abrasion provided by nylon made from adipic acid
• Construction: In the construction industry, adipic acid is used to produce a range of materials, including paints, coatings, adhesives, and sealants. It is particularly valued in the production of polyurethane, which is used for insulation materials, flooring, and coatings, offering durability and moisture resistance in construction applications
• Healthcare: The healthcare industry uses adipic acid in the production of medical devices, including syringes, catheters, and surgical tools. Nylon, derived from adipic acid, is used in these devices because of its strength, flexibility, and resistance to chemicals and sterilization processes. Additionally, adipic acid is used in the production of certain drug delivery systems and medical packaging

Adipic Acid Market Regional Trends

In 2024, the North America captured 40.40% of the revenue share.

North America Adipic Acid Market Trends

North America Adipic Acid Market is driven by increased use of nylon 6,6 fiber in the automotive sector in the US and Canada. The preference for personal vehicles over public transportation in these countries, combined with robust economic stability and higher individual purchasing power in the US, Canada, and Mexico, has boosted the automobile demand. Additionally, the textile industry relies on adipic acid for nylon fiber production, which is used in high-performance fabrics for clothing, carpets, and upholstery. The growing use of polyurethanes in construction, automotive, and footwear industries also contributes to the demand for Adipic Acid Market.

U.S. Adipic Acid Market Trends

U.S. Adipic Acid Market is driven by its wide-ranging applications across industries such as automotive, textiles, construction, and electronics. Environmental concerns surrounding the traditional production of adipic acid, which generates nitrous oxide, have prompted the U.S. Adipic Acid market to explore more sustainable options, such as bio-based adipic acid. This focus on sustainability, along with the U.S. governments regulatory pressure, has influenced market trends, encouraging innovations in green technologies and bio-based materials.

Asia Pacific Adipic Acid Market Trends

Asia Pacific Adipic Acid Market is driven by increasing consumption of polyurethane across key industries such as automotive, construction, & electronics. The regions growth is further propelled by the rising construction expenditures driven by sustainable infrastructure development. According to Oxford Economics, the US, India, and China together account for approximately 58% of global growth in the construction sector, with China contributing about 26.1% in 2020. Additionally, India is projected to experience the highest growth rate of around 9.8% in infrastructure construction from 2020 to 2030.

China Adipic Acid Market Trends

In the China Adipic Acid market, prices surged in January 2022 due to high raw material costs and strong demand from both importing countries and the polyamide industry. However, by February and March 2022, prices stabilized as demand remained steady and supply was adequate. In India, prices also rose sharply in January 2022, driven by limited supply from China caused by port congestion. Prices in India stabilized by the end of February, though demand from the textile industry remained strong in March. In May 2022, Adipic acid prices fell across Asia, influenced by reduced demand from importing countries and a significant drop in downstream consumption, particularly from the Nylon 6,6 sector. This led to increased inventories and a decline in market sentiment.

Based on the provided market data, Vantage Market Research offers customizations in the reports to meet the specific needs of clients.

Adipic Acid Market Trends

1. Sustainability and Environmental Regulations: Increasing environmental regulations and a growing emphasis on sustainability are driving the adoption of eco-friendly practices in adipic acid production. In Adipic Acid market, Companies are investing in technologies and processes that reduce carbon footprints and improve sustainability, such as ISCC+ certifications & nitrous oxide (N₂O) abatement technologies
2. Growth in End-Use Industries: The demand is rising due to its widespread use in various end-use industries, particularly in the automotive, textile, & consumer goods sectors. The expansion of these industries, especially the automotive industrys push for lightweight and durable materials, is boosting the market demand
3. Technological Advancements: Innovations in production technologies, including the development of more efficient and sustainable production methods, are influencing the market. Advances such as chemical recycling processes for polyamide 66 (PA66) and improvements in catalyst technologies are enhancing production efficiency and reducing costs
4. Rising Raw Material Costs: Fluctuations in the prices of raw materials used in adipic acid production, such as benzene and cyclohexane, are impacting the market. Companies are adapting to these cost variations by optimizing production processes and seeking alternative raw materials
5. Increased Focus on Product Differentiation: To remain competitive, companies are focusing on product differentiation by offering specialized grades of adipic acid with enhanced properties for specific applications. This Adipic Acid Market trend is driven by the need to meet diverse industry requirements and customer demands

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Competitive Landscape

The Adipic Acid market report is characterized by the presence of both established players and emerging companies, each strive for market share through product innovation, strategic partnerships, and geographic expansion. The Adipic Acid market is characterized by intense competition as companies strive to innovate, expand their product portfolios, and capture a larger share of the growing demand for adipic acid. The major players in the market include both chemical giants and specialized manufacturers. Key companies involved in the production and distribution of adipic acid include BASF, DuPont, Invista (a subsidiary of Koch Industries), Lonza Group, Ascend Performance Materials, Reliance Industries, and DSM, among others.

• BASF is one of the largest producers of adipic acid globally and has a strong foothold in the North American and European markets. The company is known for its extensive product portfolio and commitment to sustainability, including initiatives to reduce emissions associated with adipic acid production.
• Lanxess is also focusing on eco-friendly production methods and has made significant investments in green technologies to reduce carbon emissions in adipic acid manufacturing.

The key players in the global Adipic Acid market include - BASF SE among others.

Latest Announcements

BASF drives forward structural adjustments at the Ludwigshafen site and closes production plants for adipic acid, CDon and CPon

• In August 2024, BASF will end the production of adipic acid, cyclododecanone (CDon) and cyclopentanone (CPon) at the Ludwigshafen site. The production plant for CDon and CPon will be shut down in the first half of 2025 and the remaining adipic acid production in Ludwigshafen will be closed in the course of 2025. The company has taken this decision as part of the ongoing strategic review of its production setup at the Ludwigshafen site to ensure competitiveness under changing market conditions

LANXESS increases prices for adipic acid

• In February 2024, Specialty chemicals company LANXESS is raising its prices for adipic acid globally with immediate effect. The increase amounts for EUR 250 per metric ton. The adjustment is due to the significant rise in raw material costs over the past months

INVISTA expands N2O abatement technology licensing to drive major emissions reductions in automotive materials supply chain

• In September 2023, INVISTA, an industry leader in the nylon 6,6 value chain, is licensing its nitrous oxide (N2O) abatement technology at three adipic acid production facilities in China; those licenses will help companies in the automotive industry achieve material supply chain emissions reductions

Adipic Acid Market Segments Covered in the report:

By Raw Material:

• Cyclohexane
• Phenol
• Cyclohexene
• Others

By Application:

• Nylon 6,6 Fiber
• Nylon 6,6 Resin
• Polyurethanes
• Others

By End User Industry:

• Automotive
• Electrical & Electronics
• Home Appliances
• Textiles
• Construction
• Healthcare
• Others

Adipic Acid Market Regions and Countries:

North America

• U.S.
• Canada
• Mexico

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Nordic Countries
• Benelux Union
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• South-East Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Rest of Latin America

The Middle-East and Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of Middle-East Africa