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By Type;
Food Grade and Industrial GradeBy Source of Raw Material;
Vegetable Oils and Sugars & StarchBy Distribution Channel;
Direct Sales and Online RetailBy Application;
Paints & Coatings, Low-temperature Lubricants, Plastic Additives, Polyurethane Resins, Food Additives, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Introduction
Global Bio-Based Adipic Acid Market (USD Million), 2021 - 2031
In the year 2024, the Global Bio-Based Adipic Acid Market was valued at USD 1,648.73 million. The size of this market is expected to increase to USD 3,013.94 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.
Bio-Based Adipic Acid Market
*Market size in USD million
CAGR 9.0 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 9.0 % |
| Market Size (2024) | USD 1,648.73 Million |
| Market Size (2031) | USD 3,013.94 Million |
| Market Concentration | Medium |
| Report Pages | 392 |
Major Players
- Verdezyne
- DSM
- BioAmeber
- Ameris
- Aemethis
- Genomatica
- Rennovia
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Bio-Based Adipic Acid Market
Fragmented - Highly competitive market without dominant players
The Global Bio-Based Adipic Acid Market is growing as a result of the shift towards more sustainable and eco-friendly chemical solutions. Bio-based adipic acid, derived from renewable resources such as plant-based feedstocks, offers an alternative to the traditionally petroleum-based adipic acid used in the production of nylon and other polymers. This transition is driven by increased environmental concerns and regulatory pressures aimed at reducing carbon footprints and reliance on fossil fuels.
Technological advancements in the production of bio-based adipic acid are enhancing market prospects. Innovations in fermentation and catalytic processes have improved yield efficiencies and reduced production costs. Additionally, partnerships between biotechnology companies and chemical manufacturers are facilitating the development of scalable production methods and novel applications. These advancements are making bio-based adipic acid more competitive with its petroleum-based counterparts.
Geographically, the market is witnessing substantial growth in North America and Europe, where there is a strong emphasis on sustainability and stringent environmental regulations. In contrast, the Asia-Pacific region is emerging as a significant player due to rapid industrialization and increasing demand for eco-friendly materials. The market dynamics are further influenced by ongoing R&D efforts, which are expected to drive down costs and expand the applications of bio-based adipic acid across various industries, including automotive, textiles, and packaging.
Global Bio-Based Adipic Acid Market Recent Developments
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In June 2021, researchers unveiled an advanced fermentation technique for producing bio,adipic acid, reducing production costs and carbon emissions, significantly improving its competitiveness in polymer applications.
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In January 2024, a biotechnological firm scaled its production facility for bio,based adipic acid using sugar feedstocks, targeting sustainable replacements for conventional adipic acid in nylon manufacturing.
Segment Analysis
This report extensively covers different segments of Global Bio-Based Adipic Acid Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).
The Global Bio-Based Adipic Acid Market is segmented by type, application, and geography. In terms of type, the market includes various forms of bio-based adipic acid, such as those derived from renewable resources like sugarcane, corn, and lignocellulosic biomass. Each type offers different benefits in terms of sustainability and performance, catering to diverse industrial needs and preferences. This segmentation reflects the industry's focus on producing environmentally friendly alternatives to traditional petrochemical-based adipic acid.
Application segmentation covers the diverse uses of bio-based adipic acid across various industries. Key applications include automotive, where it is used in the production of nylon and other synthetic materials; textiles, for manufacturing fibers and fabrics; and consumer goods, including plastics and coatings. The versatility of bio-based adipic acid in these sectors underscores its growing importance as industries seek more sustainable materials to meet environmental regulations and consumer preferences.
Global Bio-Based Adipic Acid Segment Analysis
In this report, the Global Bio-Based Adipic Acid Market has been segmented by Type, Application and Geography.
Global Bio-Based Adipic Acid Market, Segmentation by Type
The Global Bio-Based Adipic Acid Market has been segmented by Type into Food Grade and Industrial Grade.
Industrial Grade bio-based adipic acid, on the other hand, is utilized in a variety of industrial applications, including the production of polymers, resins, and coatings. This type of adipic acid is used in manufacturing processes where high purity and specific functional properties are required, such as in the production of nylon and other synthetic materials. The growth of the industrial-grade segment is supported by the expanding applications in sectors like automotive, textiles, and electronics, where bio-based solutions are being adopted to reduce environmental impact.
The market dynamics for both grades are influenced by trends in sustainability and regulatory pressures. As industries increasingly adopt eco-friendly practices and regulations tighten around the use of synthetic chemicals, the demand for bio-based adipic acid is expected to rise. Innovations in production technologies and expanding applications across various industries further contribute to the growth prospects of both food-grade and industrial-grade segments, positioning the market for continued development and diversification.
Global Bio-Based Adipic Acid Market, Segmentation by Application
The Global Bio-Based Adipic Acid Market has been segmented by Application into Paints and Coatings, Low-temperature Lubricants, Plastic Additives, Polyurethane Resins, Food Additives and Other Synthetic Fibers.
In the realm of low-temperature lubricants, bio-based adipic acid provides improved performance characteristics compared to traditional additives. Its use in lubricants helps in maintaining fluidity and efficiency at lower temperatures, which is essential for high-performance applications in automotive and industrial sectors. This application is expanding as industries seek greener alternatives that do not compromise on performance.
Bio-based adipic acid also finds significant applications as plastic additives, polyurethane resins, and food additives. In plastics, it contributes to enhancing durability and flexibility, while in polyurethane resins, it helps in producing high-quality foams and coatings with a reduced environmental impact. Additionally, in the food industry, it is used as a safer, bio-based alternative to synthetic additives, catering to the growing demand for natural ingredients in food products. These diverse applications highlight the versatility and growing importance of bio-based adipic acid in various industrial and consumer products.
Global Bio-Based Adipic Acid Market, Segmentation by Geography
In this report, the Global Bio-Based Adipic Acid Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Bio-Based Adipic Acid Market Share (%), by Geographical Region, 2024
North America leads the market, holding a significant share due to advanced industrial infrastructure and a strong focus on sustainability. The region's robust regulatory framework and consumer preference for eco-friendly products drive the growth of bio-based adipic acid in sectors such as automotive and textiles.
Europe follows closely, with substantial market share attributed to the European Union's stringent environmental regulations and green initiatives. The region's commitment to reducing carbon emissions and promoting renewable resources bolsters the demand for bio-based adipic acid. Key European countries, including Germany, France, and the UK, are at the forefront of integrating bio-based chemicals into various industrial applications.
In the Asia-Pacific region, rapid industrialization and a growing middle-class population contribute to the increasing adoption of bio-based adipic acid. Countries like China and India are emerging as significant players due to their expanding manufacturing sectors and supportive government policies on sustainable practices. The market share in Asia-Pacific is expected to rise as the region invests more in green technologies and renewable resources.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Bio-Based Adipic Acid Market. These factors include; Market Drivers, Restraints and Opportunities Analysis, Market Opportunity Mapping, PEST (Political, Economic, Social and Technological) Analysis and Porter's Five Forces Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Sustainability Initiatives
- Eco-Friendly Product Demand
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Technological Advancements-Technological advancements in the bio-based adipic acid market are pivotal in enhancing production efficiency and sustainability. Innovations in microbial fermentation and enzyme technology are enabling more efficient conversion of renewable feedstocks into adipic acid. Advanced biotechnological methods, such as genetically engineered microorganisms and optimized fermentation processes, are improving yield rates and reducing production costs, making bio-based adipic acid more competitive with traditional petrochemical-based alternatives.
Another significant development is the integration of green chemistry principles into the production process. Researchers and companies are focusing on reducing the environmental footprint by utilizing renewable resources and minimizing waste and emissions. For instance, the adoption of cleaner catalysts and solvent-free reactions is streamlining production and aligning with global sustainability goals. These technological improvements not only enhance the environmental benefits of bio-based adipic acid but also address regulatory pressures for greener manufacturing practices.
Advancements in material science are expanding the applications of bio-based adipic acid. Enhanced properties of bio-based adipic acid are making it suitable for a broader range of uses, from automotive components to textiles. Innovations in this field are leading to the development of high-performance bio-based products that can compete with traditional materials, thereby opening new market opportunities and driving further growth in the bio-based adipic acid sector.
Restraints
- High Production Costs
- Raw Material Availability
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Production Challenges-The production of bio-based adipic acid faces several technical challenges that hinder its widespread adoption. One significant issue is the scalability of production processes. Bio-based adipic acid is typically produced through fermentation processes using renewable feedstocks, which can be complex and difficult to scale up from laboratory settings to industrial levels. Achieving consistent quality and efficiency on a large scale remains a hurdle, impacting overall production feasibility.
Another challenge is the high cost of production. The raw materials used for producing bio-based adipic acid, such as plant-based sugars or lignocellulosic biomass, often come at a premium compared to conventional petrochemical feedstocks. Additionally, the advanced processing technologies required to convert these raw materials into bio-based adipic acid add to the overall cost. These economic factors can make bio-based adipic acid less competitive in price compared to its fossil-fuel-derived counterparts.
There are logistical and infrastructure issues associated with the bio-based adipic acid supply chain. The production facilities for bio-based adipic acid are still relatively scarce, and integrating these new facilities with existing infrastructure for distribution and processing poses challenges. The development of a robust supply chain and infrastructure to support the growth of the bio-based adipic acid market is crucial for overcoming these production challenges and facilitating wider adoption in various industries.
Opportunities
- Expanding Applications
- Government Incentives
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Emerging Markets-Emerging markets are presenting significant growth opportunities for the Global Bio-Based Adipic Acid Market due to their rapidly expanding industrial sectors and increasing adoption of sustainable practices. Countries in Asia-Pacific, Latin America, and parts of Africa are witnessing substantial industrial growth, driven by rising urbanization and economic development. As these regions develop, there is a growing emphasis on adopting environmentally friendly alternatives, including bio-based chemicals like adipic acid, which can help meet both regulatory requirements and consumer demand for greener products.
The shift towards bio-based adipic acid in these emerging markets is also supported by favorable government policies and incentives aimed at promoting sustainable development. Governments are increasingly implementing regulations and offering subsidies to encourage the use of bio-based chemicals, which helps reduce reliance on petrochemical-based products. Additionally, local initiatives and collaborations between governments and private companies are accelerating the development and adoption of bio-based technologies, including adipic acid, in various applications such as automotive, textiles, and packaging.
The growing consumer awareness and preference for sustainable products in emerging markets are driving demand for bio-based adipic acid. As disposable incomes rise and consumer preferences shift towards environmentally friendly and sustainable products, manufacturers are investing in bio-based solutions to cater to these evolving needs. This trend is expected to boost the market for bio-based adipic acid as companies seek to differentiate themselves in a competitive landscape by offering products that align with sustainability goals and appeal to environmentally conscious consumers.
Competitive Landscape Analysis
Key players in Global Bio-Based Adipic Acid Market include:
- Verdezyne
- DSM
- BioAmeber
- Ameris
- Aemethis
- Genomatica
- Rennovia
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Source of Raw Material
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Application
- Market Snapshot, By Region
- Bio-Based Adipic Acid Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Sustainability Initiatives
- Eco-Friendly Product Demand
- Technological Advancements
- Restraints
- High Production Costs
- Raw Material Availability
- Production Challenges
- Opportunities
- Expanding Applications
- Government Incentives
- Emerging Markets
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Bio-Based Adipic Acid Market, By Type, 2021 - 2031 (USD Million)
- Food Grade
- Industrial Grade
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Bio-Based Adipic Acid Market, By Source of Raw Material, 2021 - 2031 (USD Million)
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Vegetable Oils
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Sugars & Starch
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Bio-Based Adipic Acid Market, By Distribution Channel, 2021 - 2031 (USD Million)
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Direct Sales
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Online Retail
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- Bio-Based Adipic Acid Market, By Application, 2021 - 2031 (USD Million)
- Paints and Coatings
- Low-temperature Lubricants
- Plastic Additives
- Polyurethane Resins
- Food Additives
- Other Synthetic Fibers
- Bio-Based Adipic Acid Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Bio-Based Adipic Acid Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Verdezyne
- DSM
- BioAmeber
- Ameris
- Aemethis
- Genomatica
- Rennovia
- Company Profiles
- Analyst Views
- Future Outlook of the Market