Global Synthetic And Bio-Based Adipic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Food Grade and Industrial Grade

By Type;

Synthetic Adipic Acid and Bio-Based Adipic Acid

By Application;

Plasticizers, Lubricants, Coatings, and Other

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn583384063 Published Date: May, 2025 Updated Date: June, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 12,432.73 Million
Market Size (2031)USD 18,448.71 Million
Market ConcentrationMedium
Report Pages359
12,432.73
2024
18,448.71
2031

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Synthetic And Bio-Based Adipic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand from Automotive Industry
        2. Increasing Adoption of Nylon 6,6 in Textiles and Plastics
        3. Shift towards Sustainable and Bio-Based Products
        4. Technological Advancements in Adipic Acid Production
        5. Expansion of End-Use Applications
      2. Restraints
        1. High Production Costs
        2. Stringent Environmental Regulations
        3. Competition from Substitutes
        4. Volatility in Raw Material Prices
        5. Limited Commercialization of Bio-Based Adipic Acid
      3. Opportunities
        1. Rising Investments in Research and Development
        2. Emerging Markets in Asia-Pacific and Latin America
        3. Development of Green Technologies and Processes
        4. Increasing Consumer Awareness and Demand for Sustainable Products
        5. Strategic Collaborations and Partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Synthetic And Bio-Based Adipic Acid Market, By Product Type, 2021 - 2031 (USD Million)
      1. Food Grade
      2. Industrial Grade
    2. Synthetic And Bio-Based Adipic Acid Market, By Type, 2021 - 2031 (USD Million)
      1. Synthetic Adipic Acid
      2. Bio-Based Adipic Acid
    3. Synthetic And Bio-Based Adipic Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Plasticizers
      2. Lubricants
      3. Coatings
      4. Other
    4. Synthetic And Bio-Based Adipic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Asahi Kasei Corporation
      2. Ascend Performance Materials
      3. BASF SE
      4. Invista
      5. Lanxess AG
      6. PetroChina Liaoyang Petrochemical
      7. Radici Group
      8. Rhodia
      9. Shandong Haili (Bohui)
  7. Analyst Views
  8. Future Outlook of the Market