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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