Adipic Acid Market by Manufacturers | INVISTA (U.S.), PetroChina Company Limited (China), Asahi Kasei Corporation (Japan), Ascend Performance Materials (U.S.)
Adipic Acid Market Overview: The reaction between cyclohexanol and cyclohexanone can synthesize adipic acid. It is one of the prominent types of aliphatic dicarboxylic acids due to their significant usage as a feedstock in the manufacturing of industrial fibers. They possess excellent properties such as superior durability, extreme weather performance, and chemical resistance which make them suitable for utilization in numerous ends use industries such as automotive, textile, packaging & consumer goods, electrical & electronics, building & construction, and others. Some of the prominent factors that positively influence the growth of the Adipic Acid Market are growing demand for domestic appliances, increasing per capita disposable income, and increasing consumption of adipic acid in packaging & consumer goods. Additionally, the booming building & construction industry and increasing usage of plastic products in the commercial, as well as a residential sector are