Adipic acid is a white, crystalline substance used as a monomer to manufacture nylon 6, 6. It is produced through the oxidation of cyclohexane, cyclohexanol, cyclohexanone, or other petroleum-based feedstock with air or nitric acid. It is widely used as a reactant in manufacturing polyurethanes (PU) to form plasticizers, resins, polyester polyols, and lubricants. It is also employed in adhesives, baking powder, and food flavoring agents. As a result, adipic acid finds extensive applications in the paints and coatings, automotive, construction, textiles, industrial appliances, consumer goods, electrical and electronics, and food packaging industries.
The global adipic acid market is primarily driven by the increasing infrastructure development activities and the surging demand for paints, coatings, wires, and cables due to the expanding population. Moreover, there has been a significant rise in the consumption of convenience foods owing to changing lifestyles and inflating consumer disposable incomes. In line with this, the escalating demand for nylon 6,6 resin in the food packaging industry is positively influencing the market growth. Additionally, the rising need for high-quality plastic and comfortable and durable furniture represents another major growth-inducing factor. Furthermore, there has been widespread adoption of nylon 6,6 to manufacture various automotive interior and exterior parts, including glass-reinforced plastics-based structural parts, engine covers, and airbag containers, on account of their superior mechanical, temperature resistant, and lightweight properties. Along with this, rapid expansion in the construction industry and the growing product usage in building components, such as insulation materials, housing electronics, and exterior panels, have catalyzed market growth. In addition, the rising preferences for durable and lightweight products in the construction, automotive, and electronics industries are accelerating the product adoption rate. Other factors, including rapid industrialization, expanding packaging and consumer goods industry, increasing commercialization of bio-adipic acid, and rising personal care and pharmaceutical applications, are also anticipated to create a favorable market outlook.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the adipic acid manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the adipic acid industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the adipic acid industry.
The following technical and economic aspects are included in the report:
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