Global Adipic Acid Market Size & Outlook, 2022-2030
Global adipic acid market, 2018-2030 (US$M)
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Global adipic acid market highlights
- The global adipic acid market generated a revenue of USD 4,887.6 million in 2022 and is expected to reach USD 6,567.3 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.8% by 2030.
- In terms of segment, nylon 6,6 fiber accounted for a revenue of USD 2,595.5 million in 2022.
- Polyurethanes is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 4,887.6 million |
| Market revenue in 2030 | USD 6,567.3 million |
| Growth rate | 3.8% (CAGR from 2022 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 |
Other key industry trends
- In terms of revenue, the North America accounted for 32.9% of the global adipic acid market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 232.9 million by 2030.
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Adipic Acid Market Scope
Adipic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 53.1% in 2022. Horizon Databook has segmented the Global 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.
- Global Adipic Acid Application Outlook (Revenue, USD Million, 2018-2030)
- Nylon 6,6 Fiber
- Nylon 6,6 Resin
- Polyurethanes
- Adipate Esters
- Others
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Target buyers of Global adipic acid market databook
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Our clientele includes a mix of adipic acid market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global adipic acid market , including forecasts for subscribers. This global databook contains high-level insights into Global adipic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global adipic acid market size, by regions, 2018-2030 (US$M)
Top 10 countries: Adipic acid market size, 2022 (US$M)
Global adipic acid market share, by application, 2022 & 2030 (%, US$M)
Adipic acid market: Opportunity assessment by country
Global adipic acid market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,367.7 | 1,371.5 | 1,176.2 | 1,558.1 | 1,607.8 | 1,661.0 | 1,718.0 | 1,778.5 | 1,843.0 | 1,911.7 | 1,985.1 | 2,062.9 | 2,145.0 | 3.7% |
| Europe | 1,043.0 | 1,007.1 | 833.6 | 1,306.5 | 1,351.3 | 1,399.1 | 1,450.3 | 1,504.7 | 1,562.8 | 1,624.6 | 1,690.7 | 1,760.9 | 1,835.2 | 3.9% |
| Asia Pacific | 1,331.1 | 1,139.7 | 940.3 | 1,448.2 | 1,498.4 | 1,551.7 | 1,608.2 | 1,667.9 | 1,730.9 | 1,797.5 | 1,868.1 | 1,942.7 | 2,021.6 | 3.8% |
| Latin America | 111.0 | 92.8 | 76.3 | 106.5 | 109.5 | 112.6 | 116.0 | 119.5 | 123.3 | 127.4 | 131.6 | 136.1 | 141.0 | 3.2% |
| MEA | 273.4 | 233.5 | 235.6 | 311.6 | 320.8 | 330.7 | 341.4 | 352.9 | 365.2 | 378.5 | 392.7 | 408.0 | 424.5 | 3.6% |
| Overall | 4,126.1 | 3,844.6 | 3,262.1 | 4,730.9 | 4,887.6 | 5,055.0 | 5,233.9 | 5,423.6 | 5,625.2 | 5,839.6 | 6,068.3 | 6,310.7 | 6,567.3 | 3.8% |
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