North america adipic acid market is expected to reach $1 7 billion in 2018

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North America Adipic Acid Market provides pictorial methodology along with detailed sizing by capturing all dependent markets Adipic Acid-North America can be segmented by Ingredients, Companies and Applications. Ingredients of this market are Cyclohexanol and Cyclohexanone. Companies of this market are Radici Group, Rhodia S.A., INVISTA, BASF SE , Shandong Haili Chemical Industry Co. Ltd.

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  • Email: sales@micromarketmonitor.com Tel: +1-888-502-0539

    North America Adipic Acid Market is Expected to Reach $1.7 Billion in 2018

    The demand will increase over the next several years as a consequence of the growing demand

    for engineering resins and improving fiber sales.

    http://www.micromarketmonitor.com/market/north-america-adipic-acid-1182676362.html

    Adipic acid is an intermediate chemical for polyamide 66, which is

    mainly a high-performance plastic, often referred to as engineering

    thermoplastics. These involve an extensive range of materials,

    depending on the monomers employed. Due to the high production

    growth rate in the automotive industry and the increasing number

    of developing countries, the Asia-Pacific region has the maximum

    adipic acid market share, followed by Europe and North America.

    Adipic acid in polyamide 66 is used widely in many applications

    such as automotive, consumer goods, electrical/electronics, energy,

    textile, and industrial coatings, among others.

    Crude oil-based polyamide manufacturers are also focusing on bio-

    based methods. Thus, conventional adipic acid producers are also

    focusing on bio-based methods which are accepted by the

    automotive and consumer goods industry to produce bio polyamide

    66 based parts.

    Get 10% Customization in This Report

    Browse through the market data tables, figures and detailed ToC on the North America

    Adipic Acid Market.

    http://www.micromarketmonitor.com/market/north-america-adipic-acid-1182676362.html

    Key players in the

    North America

    Adipic Acid Market

    are Radici Group,

    Rhodia S.A.,

    INVISTA, BASF SE

    , Shandong Haili

    Chemical Industry

    Co. Ltd, Shandong

    Hongye Chemical

    Group Corp. Ltd &

    others.

  • Email: sales@micromarketmonitor.com Tel: +1-888-502-0539

    In North America, the demand will increase over the next several years as a consequence of the

    growing demand for engineering resins and improving fiber sales. Currently, many startup

    companies such as Rennovia, Verdezyne, BioAmber, and Genomatica, among others, are

    developing bio-based routes for adipic acid plants having competitive properties with those of

    the conventional adipic acid. The growing use of polyamide 66, polyurethane, and

    esters/plasticizers are supporting the demand for adipic acid in the North American market.

    In addition, the stringent government regulations against nitrous oxide (Nox) emissions in many

    countries in North America are supporting the adoption of new technologies to eliminate or

    reduce the emissions in adipic acid production. The U.S. is the worlds largest producer of adipic

    acid, with more than one-fourth share of the global demand.

    Related Reports:

    Europe Adipic Acid Market:

    Amidst slow growth economic forecasts, the polyamide market in

    Europe is expected to be steady in the coming years. The special

    emphasis on lightweight automotive and emission control

    regulations is expected to be the important driver of this market.

    Since the last two decades, the percentage of engineering plastic

    and resins in automobile sector is constantly increasing. The

    reason for this growth is specific properties of engineering

    plastics. These are lightweight, strong, and are easy to process.

    As of 2013, the chemical industry has been included in the

    European emissions trading scheme, as a consequence of which,

    companies producing adipic acid will have to pay for the

    emissions of nitrous oxide into the atmosphere. These regulations are expected to drive the

    demand for bio-based adipic acid in the European region, thus, shifting the focus of the

    conventional adipic acid manufacturers. The shift of focus is indeed a threat for the conventional

    adipic acid market, but this step will help the manufacturers to control the nitrous oxide emission

    in the atmosphere.

    Germanys current position in producing bio-based polyamide is limited to a few manufacturers.

    However, new developments and investments, with further advancements in the field of high-

    value fine chemicals, are foreseen.

    http://www.micromarketmonitor.com/market/europe-adipic-acid-8733892843.html

    The special emphasis

    on lightweight

    automotive and emission

    control regulations is

    expected to be the

    important driver of this

    market.

  • Email: sales@micromarketmonitor.com Tel: +1-888-502-0539

    Asia-Pacific Adipic Acid Market:

    The Asia-Pacific region is the fastest-growing market for

    building & construction industry. It emerged from the global

    financial crisis as a growth driver and anchor of stability of the

    global economy. In APAC, polyurethane holds a major share in

    the total adipic acid market, followed by polyamide 66 where

    adipic acid is used as precursor to produce engineering plastics

    and fibers for various applications. China contributes to more

    than half of the total adipic acid production in the Asia-Pacific

    market, as of 2012. The growth in the Chinese market is driven

    by foreign investment, due to low-cost labor along with

    accessible raw materials, thus boosting the countrys

    production. The government's proposals to improve public

    infrastructure and rising automotive sector, helped in increasing

    the demand for adipic acid in their end-user markets.

    http://www.micromarketmonitor.com/market/asia-pacific-adipic-acid-1232462089.html

    About MicroMarket Monitor:

    MicroMarket Monitor identifies and attends to various unmet needs of different industrial

    verticals, which include value chain impact analysis. The company publishes about 12000

    Market Research Reports on various Micro Markets across the world. The graphical nature and

    multidimensional analysis of these reports provide advanced Business Intelligence Tools to the

    clients in that particular target market.

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    5601 Bridge Street

    Suite 300

    Fort Worth

    TX 76112

    Tel: +1-888-502-0539

    Email: sales@micromarketmonitor.com

    In APAC,

    polyurethane holds a

    major share in the total

    adipic acid market,

    followed by polyamide

    66 where adipic acid is

    used as precursor to

    produce engineering

    plastics and fibers for

    various applications.