Adipic Acid Market Size & Share, By Raw Material (Cyclohexane, Phenol, Cyclohexanol, Cyclohexanone and Benzene), Application (Polyurethane, Nylon 6,6 Fiber, Nylon 6,6 Resin, Adipate Esters), End-Users (Automotive, Electrical & Electronics, Packaging & Consumer Goods, Building & Construction, Textile) - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

Market Outlook:

Adipic Acid Market size is predicted to grow from USD 5.09 billion in 2024 to USD 7.53 billion by 2034, reflecting a CAGR of over 4% from 2025 through 2034. The industry revenue is forecasted to reach USD 5.25 billion in 2025.

• Base Year Value (2024): USD 5.09 billion
• CAGR (2025-2034): 4%
• Forecast Year Value (2034): USD 7.53 billion
• Historical Data Period: 2019-2024
• Largest Region: Asia Pacific
• Forecast Period: 2025-2034

Market Dynamics:

Growth Drivers & Opportunities:

The adipic acid market is primarily driven by the increasing demand for nylon, particularly in the automotive and textile industries. As the automotive sector evolves with a focus on lightweight materials for fuel efficiency, adipic acid serves as a crucial component in the production of nylon 6,6, which is used in various vehicle parts. This trend is complemented by growing consumer preferences for durable and high-performance materials in both automotive and industrial applications. Furthermore, the rising adoption of sustainable practices has spurred interest in bio-based adipic acid production, presenting significant growth opportunities. Innovations in production technologies aimed at reducing the environmental impact of adipic acid manufacturing could enhance market appeal.

Additionally, the expansion of the construction and electronics industries contributes to the market growth, as adipic acid is employed in the production of polyurethanes and other materials essential for these sectors. The trend towards urbanization and infrastructure development boosts the demand for high-performance materials that exhibit desirable properties, such as chemical resistance and durability, thereby supporting adipic acid consumption. Another promising opportunity lies in the development of specialized products that cater to emerging applications, such as biodegradable polymers, which align with global sustainability goals and attract a new customer base.

Report Scope

Report Coverage	Details
Segments Covered	Raw Material, Application, End-Users
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	DuPont, BASF, Invista, Asahi Kasei, Solvay, Mitsui Chemicals, RadiciGroup, DSM, LG Chem, NITTO DENKO

Industry Restraints:

Despite the positive growth trajectory, the adipic acid market faces several significant restraints. One of the major challenges is the volatility in the prices of raw materials used in its production, which can adversely affect profit margins for manufacturers. Fluctuating supply and demand dynamics in the petrochemical market create uncertainty, complicating long-term planning for production and investment. Additionally, the environmental regulations surrounding chemical manufacturing are becoming increasingly stringent. This can lead to higher compliance costs and necessitate investment in cleaner technologies, which may burden smaller players in the market.

Moreover, there is heightened competition from alternative materials that can substitute for adipic acid in various applications. As industries pursue cost-effective solutions, products such as recycled materials and new synthetic polymers may encroach upon the market share traditionally held by adipic acid. Finally, global economic fluctuations and trade tensions could impact market dynamics, potentially reducing demand from key regions and complicating the overall landscape for adipic acid producers.

Regional Forecast:

North America

The Adipic Acid Market in North America, particularly in the United States and Canada, is characterized by significant consumption driven mainly by the automotive, electronics, and manufacturing sectors. As a key component in the production of nylon, its demand is closely linked with the textile and automotive industries, which are expected to contribute to steady growth. The U.S. has a robust infrastructure and technological advancements that facilitate efficient production and innovation in the chemical sector. Canada, while smaller in comparison, benefits from its strong manufacturing base and seeks to capitalize on sustainable practices, which also play a growing role in market demand.

Asia Pacific

The Asia Pacific region, especially China, Japan, and South Korea, represents a dynamic segment of the Adipic Acid Market. China is anticipated to dominate in terms of market size due to its vast industrial base and increasing demand for consumer goods, including textiles and plastics. The country's aggressive expansion in the automotive sector further fuels this demand. Meanwhile, Japan and South Korea also contribute significantly but with an emphasis on advanced applications in electronics and high-performance materials. This region is likely to exhibit the fastest growth owing to ongoing industrialization and urbanization, alongside an increased focus on sustainable manufacturing processes.

Europe

In Europe, the Adipic Acid Market is prominently represented by key countries such as Germany, the UK, and France. Germany is expected to lead the market due to its well-established automotive and engineering sectors, reflecting a high demand for Adipic Acid in nylon production and other applications. The UK and France contribute positively to the market, driven by their emphasis on innovation and sustainable materials, especially in the automotive and construction industries. As European industries increasingly focus on reducing carbon footprints, the shift towards eco-friendly alternatives may generate new growth opportunities in the region, fostering a competitive landscape.

Segmentation Analysis:

In terms of segmentation, the global Adipic Acid market is analyzed on the basis of Raw Material, Application, End-Users.

Raw Material

The raw material segment of the adipic acid market primarily consists of cyclohexanol and cyclohexanone, which are key precursors in the production process. Cyclohexane, derived from petroleum, is a significant feedstock, influencing both the availability and pricing of adipic acid. The increasing focus on sustainable raw materials has prompted the exploration of bio-based alternatives, notably bio-cyclohexanol, which is produced from renewable sources. As environmental regulations become more stringent, the demand for bio-based raw materials is expected to grow, leading to innovation and expansion within this segment.

Application

Adipic acid is extensively utilized in the production of nylon 6,6, which is one of its primary applications. This application is witnessing robust growth, driven by the rising demand for high-performance materials in various industries, including automotive, textiles, and electronics. Another significant application is the production of polyurethanes, which are gaining traction for their versatile properties in cushioning, insulation, and adhesives. Additionally, the food and beverage industry is increasingly using adipic acid as an acidulant and flavoring agent, contributing to its market diversification. The expanding applications of adipic acid in emerging sectors are expected to propel its demand and market growth.

End-Users

The end-user segment of the adipic acid market encompasses automotive, textiles, consumer goods, and packaging industries. The automotive sector is one of the largest consumers, driven by high demand for lightweight materials that enhance fuel efficiency and performance. Textiles also hold a substantial share, particularly with the growing trends toward synthetic fibers and high-durability applications. The consumer goods sector, including household products and appliances, is increasingly incorporating adipic acid-based materials due to their desirable characteristics such as flexibility and durability. The packaging industry is also emerging as a noteworthy end-user as the focus on sustainable and recyclable materials intensifies, promoting further growth in this segment.

Competitive Landscape:

The adipic acid market is characterized by intense competition among key players, driven by the growing demand for nylon, polyurethane, and various plastic products. Major companies are focusing on expanding their production capacities and engaging in strategic collaborations to enhance their market presence. Additionally, the shift towards bio-based adipic acid production is gaining traction, as companies aim to meet sustainability goals and reduce carbon footprints. Regions such as North America and Asia-Pacific are witnessing significant investments to cater to the increasing industrial applications of adipic acid. Moreover, the market is influenced by fluctuating raw material prices and environmental regulations, encouraging manufacturers to innovate in process efficiency and product quality.

Top Market Players

1. AdvanSix Inc.

2. BASF SE

3. Ascend Performance Materials LLC

4. Evonik Industries AG

5. DuPont de Nemours Inc.

6. Solvay SA

7. Mitsubishi Chemical Corporation

8. Radici Group

9. Lanxess AG

10. Sinopec Shenhua Chemical Holdings Limited