Synthetic & Biobased Adipic Acid Market
Synthetic & Bio-based Adipic Acid Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Synthetic & Bio-based Adipic Acid Market Size and Growth
The Synthetic and Bio-based Adipic Acid market is experiencing significant growth, driven by rising demand for sustainable materials. The market is projected to reach approximately USD 6 billion by 2027, with an increasing focus on eco-friendly products. Challenges include price volatility of raw materials and the need for technological advancements. Request Sample Report
Companies Covered (Covid 19 Impact Covered)
◍ Invista
◍ Rhodia
◍ BASF
◍ Ascend Performance Materials
◍ Shangdong Haili (Bohui)
◍ Liaoyang Petrochemical
◍ Asahi Kasei
◍ Radici
The synthetic and bio-based adipic acid market is competitive, driven by companies like Invista, BASF, and Rhodia, which enhance production efficiency and sustainability. These firms innovate in renewable sources and applications, fostering market growth. Specific sales revenues include Invista ($7 billion), BASF ($87 billion), and Ascend Performance Materials ($1 billion).
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Market Segmentation
By Application
◍ Nylon 6,6 Fiber
◍ Nylon 6,6 Resin
◍ Polyurethanes
◍ Adipate Esters
◍ Others
By Product
◍ Synthetic Adipic Acid
◍ Bio-based Adipic Acid
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Market Growth
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$ X Billion USD
