Global Adipic Acid Market is Expected to Reach USD 8,063.1 million in 2018: Transparency Market Research

Global Adipic Acid Market is Expected to Reach USD 8,063.1 million in 2018: Transparency Market Research

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Global Adipic Acid Market is Expected to Reach USD 8,063.1 million in 2018: Transparency Market Research PR Newswire ALBANY, New York, September 25, 2012 ALBANY, New York, September 25, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Synthetic and Bio-Based Adipic Acid Market - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 - 2018," the global synthetic adipic acid market was worth USD 4,898.5 million in 2010 and is expected to reach USD 8,063.1 million in 2018, growing at a CAGR of 5.8% from 2013 to 2018. In the overall global market, Asia Pacific is expected to maintain its lead position in terms of revenue till 2018. Asia Pacific is expected to enjoy 33.3% of the global adipic acid market revenue share in 2018 followed by Europe. Browse the full report athttp://www.transparencymarketresearch.com/synthetic-and-bio-based-adipic- acid.html The global adipic acid market is driven by growing demand for nylon 6, 6 resin and fibers in automotive and electronics industries and the growth of the global footwear market where polyurethane being one of the applications of adipic acid is used to manufacture shoe soles. However, due to rising price of crude oil and the impact of adipic acid on the environment, the world is shifting towards the use of bio-based adipic acid.

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Global Adipic Acid Market is Expected to Reach USD 8,063.1 million in 2018: Transparency Market Research
PR Newswire ALBANY, New York, September 25, 2012
ALBANY, New York,September 25, 2012/PRNewswire/ --According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Synthetic and Bio-Based Adipic Acid Market - Global Industry Analysis, Size, Share, Growth and Forecast, 2012-2018," the global synthetic adipic acid market was worth USD 4,898.5 millionin 2010 and is expected to reachUSD 8,063.1 millionin 2018, growing at a CAGR of 5.8% from 2013 to 2018. In the overall global market,Asia Pacificis expected to maintain its lead position in terms of revenue till 2018.Asia Pacificis expected to enjoy 33.3% of the global adipic acid market revenue share in 2018 followed byEurope. Browse the full report athttp://www.transparencymarketresearch.com/synthetic-and-bio-based-adipic-acid.html The global adipic acid market is driven by growing demand for nylon 6, 6 resin and fibers in automotive and electronics industries and the growth of the global footwear market where polyurethane being one of the applications of adipic acid is used to manufacture shoe soles. However, due to rising price of crude oil and the impact of adipic acid on the environment, the world is shifting towards the use of bio-based adipic acid. Apart from providing a clean solution, bio-based adipic acid is also economically viable against its synthetic counterpart. The bio-based adipic acid market is still in its nascent phase and is likely to commercialize by 2013 - 2014. However, it is expected that demand for bio-based adipic acid will be significant due to growing demand for eco-friendly materials and its acceptance by the consumers. Some companies like DSM, Verdezyne and Rennovia have already started their pilot operations with extensive R&D activities to support their pursuit. Many other companies are expected to follow them in the coming years.
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Ethylene Oxide Industry The major geographic markets for adipic acid areAsia Pacific, andEurope.Asia Pacificenjoyed the largest market share of the worldwide adipic acid market in 2010 and is expected to lead by 2018. Along with being the largest market,Asia Pacificis also the fastest growing market for adipic acid. This research is specially designed to estimate and analyze the demand and performance of synthetic & bio-based adipic acid in the global scenario. This research provides in-depth analysis of synthetic & bio-based adipic acid manufacturers, trend analysis by segments and demand by geography. The report covers all the major segments of the global synthetic & bio-based adipic acid market and provides in-depth analysis, historical data and statistically refined forecast for the segments covered. The study presents a comprehensive assessment of the stakeholder strategies, winning imperatives for them by segmenting the global synthetic & bio-based adipic acid market as below: i.Synthetic & Bio-BasedAdipic Acid Market, by Applications: ii. -Nylon6, 6 Fibers iii. -Nylon6, 6 Resins iv. -Polyurethanes v. -AdipateEsters vi. -Others
In addition the report provides a cross-sectional analysis of all the above segments with respect to the following geographical markets: North America Europe Asia-Pacific Rest of the World (RoW) Browse allChemical &Materials Market ResearchReports Upcoming Reports inChemical & Materials Market Food Preservatives Market Polycrystalline Silicon Market Ferro Silicon Market Strained Silicon Market Silicon Carbide Abrasives Market Advanced Ceramics Market Lubricating Oil Market Enzymes Market Concrete Admixtures Market Smart Fabrics And Interactive Textiles Market About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our data repository is continuously updated and revised by a team of research
experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Sheela AK 90 Sate Street, Suite 700 Albany, NY12207 Tel: +1-518-618-1030 USA- Canada Toll Free: +1-866-552-3453 Email:sales@transparencymarketresearch.com