Adipic acid is a type of compound made from cyclohexane, which is used in commercial purposes. It is mostly used to produce nylon 66, which is further processed into fibers for different application areas such as automobile, clothing, carpentry, and others. It is also used in polyurethane and esters to manufacture various products. Adipic acid acts as an intermediate of polyamide 66.
The market in Asia-Pacific is expected to grow at a moderate pace due to the increasing demand for adipic acid in the polyamide 66 in the aforementioned application areas. Also, the growing footwear market boosts the market.
The Asia-Pacific adipic acid market is segmented on the basis of application and geography. On the basis of application, the market covers 1,6- hexanediol (HDO), nylon 6,6 (PA 6,6), plasticizers, and polyurethane.
The market segmented in terms of geography includes countries such as China, India, Japan, and others. The market report also covers some of the leading companies that operate in this region. Some of the key players are Lanxess AG, Inolex, Ascend Performance Materials Operations Llc, Adinol RivneaZot, and others.
Emerging opportunities in this market have been identified in the report on the basis of secondary research. The research involves press releases, industry white papers, and many more. Also, the drivers and restraints of the market have been covered in the report.
It also provides a product portfolio, recent developments, growth strategies & trends, financials, and market share, and helps the user of this report determine the competition and devise a business strategy.
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