Middle East & Africa Adipic Acid Market Size & Outlook
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MEA adipic acid market highlights
- The MEA adipic acid market generated a revenue of USD 320.8 million in 2022.
- The market is expected to grow at a CAGR of 3.6% from 2023 to 2030.
- In terms of segment, nylon 6,6 fiber was the largest revenue generating application in 2022.
- Polyurethanes is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 320.8 million |
| Market revenue in 2030 | USD 424.5 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Nylon 6,6 fiber |
| Fastest growing segment | Polyurethanes |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nylon 6,6 Fiber, Nylon 6,6 Resin, Polyurethanes, Adipate Esters |
| Key market players worldwide | Ascend Performance Materials, Asahi Kasei Corp, Basf SE, INVISTA, Lanxess AG, Solvay SA, Sumitomo Chemical Co Ltd, Domo Chemicals |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.6% of the global adipic acid market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 1,835.2 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Adipic Acid Market Scope
Adipic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Domo Chemicals | View profile | 1001-5000 | Leuna, Sachsen-Anhalt, Germany, Europe | https://www.domochemicals.com |
| INVISTA | View profile | 10001+ | Wichita, Kansas, United States, North America | http://www.invista.com/ |
| Lanxess AG | View profile | 12621 | Kennedyplatz 1, Cologne, Germany, 50569 | https://www.lanxess.com |
| Ascend Performance Materials | View profile | 1001-5000 | Houston, Texas, United States, North America | https://www.ascendmaterials.com/ |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Sumitomo Chemical Co Ltd | View profile | 37235 | 27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan, 104-8260 | http://www.sumitomo-chem.co.jp |
| Asahi Kasei Corp | View profile | 48897 | 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan, 101-8101 | http://www.asahi-kasei.co.jp |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Middle East & Africa adipic acid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to adipic acid market will help companies and investors design strategic landscapes.
Nylon 6,6 fiber was the largest segment with a revenue share of 48.07% in 2022. Horizon Databook has segmented the Middle East & Africa adipic acid market based on nylon 6,6 fiber, nylon 6,6 resin, polyurethanes, adipate esters covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of adipic acid market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa adipic acid market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa adipic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA adipic acid market size, by country, 2018-2030 (US$M)
Middle East & Africa Adipic Acid Market Outlook Share, 2022 & 2030 (US$M)
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