Adipic Acid Market

The adipic acid market is a global industry centered on a chemical compound primarily used to produce Nylon 6,6 and polyurethanes. Key customers are large industrial verticals, including automotive, electronics, textiles, and food & beverage manufacturers. Market growth is primarily driven by the increasing demand for bio-based, environmentally friendly alternatives to traditional petroleum-derived products, supported by government encouragement and the need for lightweight, high-performance materials in sectors like automotive and electronics.

CAGR

3.5%

Compound Annual Growth Rate

Current Value

$5.19B

Estimated 2026

Projected Value

$6.84B

By 2034

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