Global Synthetic And Bio-Based Adipic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Food Grade and Industrial GradeBy Type;
Synthetic Adipic Acid and Bio-Based Adipic AcidBy Application;
Plasticizers, Lubricants, Coatings, and OtherBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Synthetic And Bio-Based Adipic Acid Market Overview
Synthetic And Bio-Based Adipic Acid Market (USD Million)
Synthetic And Bio-Based Adipic Acid Market was valued at USD 12,432.73 million in the year 2024. The size of this market is expected to increase to USD 18,448.71 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.
Global Synthetic And Bio-Based Adipic Acid Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 5.8 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 5.8 % |
Market Size (2024) | USD 12,432.73 Million |
Market Size (2031) | USD 18,448.71 Million |
Market Concentration | Medium |
Report Pages | 359 |
Major Players
- BASF SE
- INVISTA
- Ascend Performance Materials LLC
- Lanxess AG
- Radici Partecipazioni SpA
- Asahi Kasei Corporation
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Synthetic And Bio-Based Adipic Acid Market
Fragmented - Highly competitive market without dominant players
The Synthetic and Bio-Based Adipic Acid Market is experiencing robust growth, primarily fueled by its extensive application in nylon 6,6 production, which represents nearly 60% of the overall market consumption. This high-performance polymer is widely used in automotive, electrical, and textile sectors due to its exceptional strength, durability, and chemical resistance. The increasing focus on lightweight, high-strength materials in the automotive industry is a key driver of this market.
Shift Toward Eco-Friendly Bio-Based Alternatives
A noticeable shift toward bio-based adipic acid is reshaping the market landscape as industries prioritize sustainability. Currently, bio-based variants account for around 15% of the market, reflecting a growing commitment to reducing carbon emissions and adopting greener production processes. This trend is further reinforced by tightening regulations and rising environmental awareness.
Expanding Role in High-Performance Polymer Applications
Adipic acid also plays a crucial role in the production of polyurethanes and plasticizers, collectively accounting for nearly 25% of total market demand. These materials are essential for a wide range of applications, including construction, electronics, and footwear, where durability, heat resistance, and flexibility are critical. Ongoing advancements in product formulations are further enhancing the appeal of these high-performance polymers.
Market Outlook for the Future
With its wide-ranging industrial applications and increasing demand for sustainable materials, the adipic acid market is well-positioned for continued growth. Strategic investments in research and development and the adoption of innovative, environmentally friendly manufacturing techniques are expected to drive the market's long-term expansion.
Synthetic And Bio-Based Adipic Acid Market Recent Developments
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In May 2022, Lanxess and Advent International agreed to acquire DSM's Engineering Materials business for around EUR 3.7 billion, with Lanxess receiving a payment of at least USD 1.8 billion and a stake of up to 40 percent.
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In December 2021, Ascend Performance Materials announced plans to purchase a compounding facility in San Jose Iturbide, Mexico, expanding its global footprint and increasing production capacity for high-performance engineered materials.
Synthetic And Bio-Based Adipic Acid Market Segment Analysis
In this report, the Synthetic And Bio-Based Adipic Acid Market has been segmented by Product Type, Type, Application and Geography.
Synthetic And Bio-Based Adipic Acid Market, Segmentation by Product Type
The Synthetic And Bio-Based Adipic Acid Market has been segmented byProduct Type into Nylon 6,6 Fiber, Nylon 6,6 Resin, Polyurethanes, and Adipate Esters, Others.
Nylon 6,6 Fiber
key material in the production of high-performance textiles and industrial products. It holds a significant share of the synthetic and bio-based adipic acid market, making up nearly 40% of the demand. This fiber is highly valued for its strength, durability, and resistance to wear, commonly used in automotive, fashion, and industrial applications.
Nylon 6,6 Resin
Accounts for approximately 25% of the adipic acid market and is widely used in manufacturing automotive components, electrical equipment, and household goods. Its excellent mechanical properties and thermal resistance make it an essential material in the production of engineering plastics, contributing significantly to the overall growth of the market.
Polyurethanes,
derived from adipic acid, represent a growing segment in the market with an increasing demand driven by their versatile use in foams, coatings, adhesives, and sealants. This segment is projected to grow by 18% annually, thanks to the expanding use of polyurethanes in the automotive, construction, and consumer goods industries.
Adipate Esters and Others,
which form an integral part of plasticizers, make up around 10% of the market. These compounds are widely used in flexible plastics, contributing to the market's steady growth. Other niche applications also exist, including in the production of lubricants and solvents, although these represent a smaller portion of the overall demand.
Synthetic And Bio-Based Adipic Acid Market, Segmentation by Type
The Synthetic And Bio-Based Adipic Acid Market has been segmented by Type into Synthetic Adipic Acid, and Bio-Based Adipic Acid.
Synthetic Adipic Acid
Synthetic Adipic Acid is the dominant form in the global market, accounting for around 90% of total consumption. Its established production techniques, cost-effectiveness, and versatile applications in industries such as automotive, textiles, and construction continue to drive its widespread use. The segment remains a key player in the manufacturing of products like nylon, polyurethanes, and various plastics, ensuring its strong market presence. Despite the increasing interest in bio-based alternatives, synthetic adipic acid is expected to retain a significant share due to its proven efficiency and scalability.
Bio-Based Adipic Acid
Bio-Based Adipic Acid is rapidly emerging as a promising alternative, currently capturing approximately 10% of the global market. This sustainable version of adipic acid is derived from renewable resources, aligning with the growing demand for environmentally friendly and green materials. As industries and consumers increasingly prioritize sustainability, bio-based adipic acid is anticipated to experience significant growth, with a projected annual growth rate of over 15%. This shift reflects a broader trend toward eco-conscious manufacturing practices, offering a cleaner, renewable option for various industrial applications.
Synthetic And Bio-Based Adipic Acid Market, Segmentation by Application
The Synthetic And Bio-Based Adipic Acid Market has been segmented by Application into Plasticizers, Lubricants, Coatings, Other.
Plasticizers
Are a major application of adipic acid, representing around 30% of the global market share. These additives are essential in improving the flexibility, durability, and workability of plastics, especially in materials like PVC and flexible polymers. The demand for plasticizers continues to rise due to their vital role in industries such as construction, automotive, and consumer goods, where high-performance and adaptable materials are crucial for product longevity.
Lubricants
Contribute to the production of high-quality lubricants, which account for approximately 15% of the market. Lubricants derived from adipic acid esters are used to reduce friction, minimize wear, and enhance the performance of mechanical systems. This application is particularly important in automotive and industrial sectors, where reliable lubrication is essential for optimal functionality and efficiency.
Coatings
The coatings sector is increasingly turning to adipic acid, making up about 20% of the market. Adipic acid is a key ingredient in creating durable and protective coatings for automotive, industrial, and consumer products. These coatings offer superior resistance to abrasion, corrosion, and UV degradation, making them highly sought after by industries looking for long-lasting protection and improved aesthetics in their products.
Other Applications
Adipic acid make up the remaining 35% of the market. This category includes niche uses in the manufacturing of solvents, adhesives, sealants, and various specialty chemicals. As industries like chemicals, automotive, and manufacturing continue to evolve, the demand for these unique applications is expanding, contributing to steady growth in this segment.
Synthetic And Bio-Based Adipic Acid Market, Segmentation by Geography
In this report, the Synthetic And 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.
Regions and Countries Analyzed in this Report
Synthetic And Bio-Based Adipic Acid Market Share (%), by Geographical Region
North America
North America holds a significant share in the adipic acid market, driven by strong industrial demand, particularly from the automotive, textiles, and chemicals sectors. The market in this region is anticipated to grow steadily due to increasing emphasis on sustainable and bio-based products. The U.S. is the primary contributor, with advancements in manufacturing technologies and the shift towards eco-friendly materials bolstering the market's expansion.
Europe
Europe is another major player in the adipic acid market, known for its robust manufacturing capabilities and high demand for both synthetic and bio-based adipic acid. The region is seeing significant growth in the bio-based segment as companies strive to meet sustainability goals. European markets are increasingly adopting green technologies, making it one of the most active regions for innovation in adipic acid production and application, particularly in the automotive and coatings industries.
Asia Pacific
Asia Pacific is the largest and fastest-growing region in the adipic acid market, contributing to over 40% of the global share. The region’s growth is driven by rapid industrialization, particularly in countries like China, India, and Japan. The demand for adipic acid in Asia Pacific is primarily fueled by the rising consumption of nylon and polyurethanes in industries such as automotive, textiles, and electronics. The increasing focus on sustainable production is also propelling the adoption of bio-based adipic acid.
Middle East and Africa
Middle East and Africa holds a relatively smaller share of the adipic acid market. However, it is steadily expanding due to growing industrial activities and demand for adipic acid in diverse applications such as plastics and lubricants. This region's market growth is also supported by the increasing demand for both synthetic and bio-based adipic acid as a result of various development initiatives in the chemical and manufacturing sectors.
Latin America
Latin America is emerging as a key market for adipic acid, driven by growing industrialization and rising demand from the automotive and textile sectors. Countries like Brazil and Mexico are at the forefront of this market shift. The increasing demand for both synthetic and bio-based adipic acid in the region reflects a trend toward sustainable production and the development of eco-friendly alternatives, which is expected to accelerate growth in the coming years.
Synthetic And Bio-Based Adipic Acid Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Synthetic And Bio-Based Adipic Acid Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
---|---|---|---|---|---|
Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing Demand from Automotive Industry
- Increasing Adoption of Nylon 6,6 in Textiles and Plastics
- Shift towards Sustainable and Bio-Based Products
- Technological Advancements in Adipic Acid Production
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Expansion of End-Use Applications - The expansion of end-use applications is a major driver of the synthetic and bio-based adipic acid market, as demand continues to rise across diverse sectors including automotive, textiles, consumer goods, and construction. Adipic acid is a key component in the production of nylon 6,6, polyurethanes, and various plasticizers, which are widely used in manufacturing durable and flexible materials. With growing industrialization and infrastructure development, the usage of adipic acid in coatings, adhesives, sealants, and elastomers is steadily increasing.
Moreover, the shift toward bio-based alternatives is further enhancing market growth, as industries look to reduce carbon emissions and adopt more sustainable feedstocks. Bio-based adipic acid, produced from renewable resources, is gaining traction in applications where green chemistry and environmental compliance are prioritized. This broadening application landscape is not only driving production capacity expansions but also encouraging innovation in both synthetic and bio-based formulations, making adipic acid a versatile and high-demand industrial chemical.
Restraints
- High Production Costs
- Stringent Environmental Regulations
- Competition from Substitutes
- Volatility in Raw Material Prices
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Limited Commercialization of Bio-Based Adipic Acid - Limited commercialization of bio-based adipic acid remains a key restraint in the synthetic and bio-based adipic acid market, primarily due to technological barriers, high production costs, and lack of large-scale manufacturing infrastructure. While bio-based alternatives are gaining attention for their environmental benefits, current production processes are still in the early stages of scalability and cost competitiveness compared to petroleum-based methods. This gap limits their adoption in price-sensitive industries, such as textiles and automotive, where traditional adipic acid continues to dominate.
The absence of a robust supply chain and inconsistent availability of renewable feedstocks further hinder the commercial viability of bio-based adipic acid. Without widespread industrial integration and long-term procurement contracts, producers face difficulties in achieving the economies of scale required for broader market penetration. As a result, despite growing interest and regulatory support for sustainable solutions, the limited commercialization of bio-based variants continues to constrain the overall growth potential of the adipic acid market.
Opportunities
- Rising Investments in Research and Development
- Emerging Markets in Asia-Pacific and Latin America
- Development of Green Technologies and Processes
- Increasing Consumer Awareness and Demand for Sustainable Products
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Strategic Collaborations and Partnerships - Strategic collaborations and partnerships are unlocking significant opportunities in the synthetic and bio-based adipic acid market, particularly as companies seek to enhance technological capabilities, scale production, and enter new geographic markets. Partnerships between chemical manufacturers, biotechnology firms, and end-use industries are enabling the co-development of innovative bio-based adipic acid solutions that meet both performance and sustainability standards. These alliances help reduce development costs, accelerate commercialization, and align products with regulatory and environmental requirements.
Collaborative R&D efforts are especially valuable in advancing fermentation-based technologies and improving yield efficiency in bio-based production. Joint ventures also provide access to proprietary technologies, intellectual property, and specialized talent, enabling faster adaptation to market needs. In addition, strategic agreements with large buyers such as automotive or textile companies can provide demand assurance, facilitating investment in pilot plants and full-scale manufacturing facilities.
Geographic partnerships are helping manufacturers overcome market entry barriers and distribution challenges in emerging economies. Local alliances offer insights into regulatory compliance, raw material sourcing, and consumer preferences, creating a more agile and responsive supply chain. This is particularly important as demand for eco-friendly materials rises in Asia-Pacific and Latin America, where rapid industrial growth is paired with increasing environmental regulation.
By leveraging strategic partnerships, companies can position themselves as leaders in both synthetic and bio-based adipic acid markets. These collaborations not only enhance competitiveness but also promote long-term sustainability, market expansion, and resilience against raw material and regulatory risks—key factors in securing future growth across global industrial sectors.
Synthetic And Bio-Based Adipic Acid Market Competitive Landscape Analysis
Key players in Synthetic And Bio-Based Adipic Acid Market include,
- Asahi Kasei Corporation
- Ascend Performance Materials
- BASF SE
- Invista
- Lanxess AG
- PetroChina Liaoyang Petrochemical
- Radici Group
- Rhodia
- Shandong Haili (Bohui)
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- 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 Product Type
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Synthetic And Bio-Based Adipic Acid Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Demand from Automotive Industry
- Increasing Adoption of Nylon 6,6 in Textiles and Plastics
- Shift towards Sustainable and Bio-Based Products
- Technological Advancements in Adipic Acid Production
- Expansion of End-Use Applications
- Restraints
- High Production Costs
- Stringent Environmental Regulations
- Competition from Substitutes
- Volatility in Raw Material Prices
- Limited Commercialization of Bio-Based Adipic Acid
- Opportunities
- Rising Investments in Research and Development
- Emerging Markets in Asia-Pacific and Latin America
- Development of Green Technologies and Processes
- Increasing Consumer Awareness and Demand for Sustainable Products
- Strategic Collaborations and Partnerships
- 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
- Synthetic And Bio-Based Adipic Acid Market, By Product Type, 2021 - 2031 (USD Million)
- Food Grade
- Industrial Grade
- Synthetic And Bio-Based Adipic Acid Market, By Type, 2021 - 2031 (USD Million)
- Synthetic Adipic Acid
- Bio-Based Adipic Acid
- Synthetic And Bio-Based Adipic Acid Market, By Application, 2021 - 2031 (USD Million)
- Plasticizers
- Lubricants
- Coatings
- Other
- Synthetic And 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
- Synthetic And Bio-Based Adipic Acid Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Asahi Kasei Corporation
- Ascend Performance Materials
- BASF SE
- Invista
- Lanxess AG
- PetroChina Liaoyang Petrochemical
- Radici Group
- Rhodia
- Shandong Haili (Bohui)
- Company Profiles
- Analyst Views
- Future Outlook of the Market