Adipic Acid Industry Statistics

In the following blog post, we will explore key statistics and trends shaping the Adipic Acid industry. From market sizes and regional demands to growth projections and application insights, these statistics provide valuable insights into the dynamic landscape of the global Adipic Acid market. Join us as we take a closer look at the data driving this vital sector forward.

Statistic 1

"Adipic Acid Market size exceeded USD 6 billion in global chemicals business and is projected to grow at over 3% CAGR between 2019 to 2025."

Statistic 2

"Asia Pacific accounts for over 40% of the global Adipic Acid demand due to growth in end-use industries such as automotive, electrical & electronics."

Statistic 3

"China was the largest consumer of Adipic Acid accounting for over 64% of the Asia Pacific demand."

Statistic 4

"Adipic Acid market in Europe is anticipated to grow at a CAGR of less than 1% in the upcoming years due to stringent regulatory norms."

Statistic 5

"In 2016, nylon 6,6 production constituted a considerable share of over 80% in the Adipic Acid industry."

Statistic 6

"USA’s contribution to the Adipic Acid global market is above 18%."

Statistic 7

"In Europe, Germany is projected to grow at approximately 4.5% CAGR from 2019 to 2025."

Statistic 8

"The global Adipic Acid market is expected to reach USD 8.43 billion by 2025."

Statistic 9

"The Indian Adipic Acid Market will witness significant growth due to increased demand from the automotive industry."

Statistic 10

"The Latin America Adipic Acid industry will witness a 5% increase because of the rise in the number of end-use industries."

Statistic 11

"Thailand’s share in the Adipic Acid industry was 20% in 2019."

Statistic 12

"Adipic Acid market in Australia is predicted to reach a valuation of over USD 140 Million by 2026."

Statistic 13

"The adhesives & sealants application in the Adipic Acid market will likely grow with a CAGR of over 4% from 2019 to 2025."

Statistic 14

"Polyester polyols applications in the Adipic Acid market will likely exceed USD 850 million by 2025."

Statistic 15

"The Japanese Adipic Acid market is worth around USD 200 million annually."

Statistic 16

"Adipic Acid market in Middle East & Africa is expected to reach over USD 150 million by 2025."

Statistic 17

"The use of Adipic Acid in the food & beverage industry is set to grow to $500 million by 2025."

Statistic 18

"Bio-based Adipic Acid is tipped to generate over USD 50 million by 2025 due to its rising demand in durable applications."

Statistic 19

"The global Adipic Acid market demand was 2.87 million tons in 2017."

The Adipic Acid industry is witnessing significant growth globally, with diverse trends emerging across different regions. Asia Pacific, particularly China and India, are key players in driving the demand for Adipic Acid due to the growth in end-use industries like automotive and electronics. Europe, on the other hand, is facing challenges with slow growth projections attributed to stringent regulatory norms. The market is expected to reach USD 8.43 billion by 2025, with notable contributions from regions such as the USA, Europe (particularly Germany), Latin America, and the Middle East & Africa. Additionally, the shift towards bio-based Adipic Acid and the increasing usage in various applications such as adhesives, sealants, polyester polyols, and even food & beverage industries are poised to further propel the market’s growth in the coming years.