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World’s 1 st Real Time Market Intelligence North America Adipic Acid Market is Expected to Reach $1.7 Billion in 2018 MicroMarket Monitor Forecasts

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Presentation on theme: "World’s 1 st Real Time Market Intelligence North America Adipic Acid Market is Expected to Reach $1.7 Billion in 2018 MicroMarket Monitor Forecasts"— Presentation transcript:

1 World’s 1 st Real Time Market Intelligence North America Adipic Acid Market is Expected to Reach $1.7 Billion in 2018 MicroMarket Monitor Forecasts http://www.micromarketmonitor.com/market/north-america-adipic-acid-1182676362.html

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

3 http://www.micromarketmonitor.com/market/north-america-adipic-acid-1182676362.html  The global adipic acid application market is expected to grow at a CAGR of 4% from 2014 to 2019, and is projected to reach a market value of $7.5 billion by 2019.  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.  The U.S. is the world’s largest producer of adipic acid, with more than one-fourth share of the global demand.  In order to gain acceptance from more customers, the bio- based polyamide is expected to be more cost and performance-effective than the petro-based polyamides.

4 http://www.micromarketmonitor.com/market/north-america-adipic-acid-1182676362.html  The bio-based polyamide market has enormous potential and opportunity, with many obstacles to be overcome by the petroleum-based polyamides.  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.

5 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.  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.  Germany’s 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

6 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 country’s 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

7 About MicroMarket Monitor http://www.micromarketmonitor.com/market/north-america-adipic-acid-1182676362.html MicroMarketMonitor provides deep dive insight into 5000 granular markets along with the updates. The MMM Reports are uniquely differentiated by its ecosystem analysis (value chain) analysis for each granular market. It provides pictorial methodology along with the market sizing at each market capturing all dependent markets (demand side), macro indicators (demand side), and supplyside company data.The Report Plots all the dependent cascaded market with their growth/slow down indicators, which influences revenues of the targeted market. The report provides you competitive landscape, competitive profile along with the competitive SWOT analysis. The report also provides Customer landscape identifying the top customers for the target market. It plots market landscape of the technologies, ingredients, vendors servicing the target market including the cannibalization of the prevailingtechnologies/products.

8 Contact Us Mr. Chandrasekhar K. 5601 Bridge Street Suite 300 Fort Worth TX 76112 Tel: +1-888-502-0539 Email: sales@micromarketmonitor.com Connect with us on LinkedIn @ http://www.linkedin.com/company/micromarketmonitorsales@micromarketmonitor.com http://www.linkedin.com/company/micromarketmonitor


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