The Adipic Acid Market size was valued at USD 5.1 billion in 2022. It is estimated to hit USD 6.82 billion by 2030 and grow at a CAGR of 3.7% over the forecast period of 2023-2030.
In recent years, the adipic acid market has witnessed significant growth due to the rising demand for nylon 6,6. The automotive sector, in particular, has been a major driver of this market, as adipic acid is an essential component in the manufacturing of automotive parts, such as airbags, tires, and engine covers. Additionally, the textile industry heavily relies on adipic acid for the production of high-quality fibers, ensuring durability and strength in various fabrics. Furthermore, the packaging industry has also contributed to the expansion of the adipic acid market. Adipic acid is used in the production of polyethylene terephthalate (PET) bottles, which are widely used for packaging beverages, personal care products, and pharmaceuticals. The increasing demand for green packaging solutions has further propelled the growth of this market, as adipic acid offers excellent barrier properties and recyclability.
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In terms of geographical distribution, North America emerged as a dominant player in the adipic acid market and is expected to grow with a CAGR of about 3.8% during the forecast period. The region's rapid industrialization, coupled with the growing automotive and textile sectors, has fueled the demand for adipic acid. Moreover, the presence of key market players and favorable government policies have further boosted the market growth in this region.
However, the adipic acid market is not without its challenges. Fluctuating raw material prices, environmental concerns, and stringent regulations pose significant obstacles to market players. Nylon 6, 6 Fiber product segment dominated the Adipic Acid Market with the highest revenue share of about 54.2% in 2022. Nylon 6,6 Fiber possesses remarkable strength and durability, making it an ideal choice for various applications. Its robust nature enables it to withstand rigorous conditions, making it highly sought after in industries such as textiles, automotive, and consumer goods.
Drivers
Rising demand for adipic acid in the production of polyurethane foams, coatings, and resins
Growing awareness regarding sustainable practices and the shift towards bio-based adipic acid
Growing demand for nylon 6,6 from various industries
Nylon 6,6, a versatile synthetic polymer, finds extensive application across a wide range of industries. Its exceptional properties, such as high strength, durability, and resistance to heat and chemicals, make it a preferred choice for various end-use sectors. These include automotive, textiles, electrical and electronics, packaging, and consumer goods, among others. This increasing demand for nylon 6,6 drives the adipic acid market significantly.
Restrain
Volatility in raw material prices
Adipic acid production heavily relies on cyclohexane and cyclohexanol, which are derived from crude oil. Fluctuations in crude oil prices directly impact the cost of raw materials, thereby affecting the overall profitability of adipic acid manufacturers.
Opportunities
Increasing demand for adipic acid in emerging economies, such as China and India
Challenges
Environmental concerns Associated with the adipic acid
The traditional production process of adipic acid involves the emission of nitrous oxide, a potent greenhouse gas. As sustainability becomes a key focus for industries worldwide, there is a growing need for eco-friendly alternatives and cleaner production methods.
The ongoing conflict between Russia and Ukraine has had a profound impact on crude oil prices, causing significant disruptions. Adipic acid production is heavily dependent on cyclohexane and cyclohexanol, both of which are derived from crude oil. However, Russia's invasion of Ukraine has led to a surge in global oil prices, surpassing $120 per barrel. This increase is primarily driven by concerns over potential shortages in global supplies originating from Russia. The geopolitical tensions between these two nations have created an atmosphere of uncertainty, resulting in market volatility within the adipic acid industry. Businesses are facing challenges in planning and making informed decisions due to fluctuating prices, unpredictable supply levels, and changing trade policies. This volatility has not only affected manufacturers but also impacted downstream industries that rely on adipic acid as a raw material.
In January 2023, the prices of Adipic Acid experienced a decline in both the US and Europe. This decline is attributed to a combination of factors, including inflation, high-interest rates, and geopolitical conflicts. These factors have led to a decrease in global demand and low trading activity. The US economy has had a weak start to 2023, primarily due to a continued decline in customer demand and the impact of high inflation on consumer spending. Manufacturers of Adipic Acid have observed a decline in new orders from end-use industries for the fourth consecutive month. Although consumer confidence in the US fell in January, it remains higher than the lowest point in July 2022. To manage regional inflation, the US Federal Reserve recently increased the interest rate by 25 basis points, marking the eighth increase since March 2022. This increase has further contributed to consumer pessimism about business conditions in January. Similarly, the price of Adipic Acid in Europe also experienced a decline in January 2023. This decline is attributed to negative market sentiment from downstream industries. The weak-cost pressure from feedstock Cyclohexanone dropped by approximately 5.8% in January, which supported downstream derivatives, including Adipic Acid, in the European market. As a result, orders from end-use sectors decreased, leading to an accumulation of Adipic Acid in the market. Additionally, the Eurozone's inflation rate fell for the third consecutive month in January, primarily due to a significant drop in the cost of natural gas. The inflation rate in January was 8.5%, which was lower than the rate of 9.2% in December.
By Product
Nylon 6, 6 Resin
Nylon 6, 6 Fiber
Adipate Esters
Polyurethane
Others
By Application
Plasticizers
Wet Paper Resins
Unsaturated Polyester Resins
Food Additives
Coatings
Other Applications
By End-user Industry
Food and Beverage
Personal Care
Electrical and Electronics
Textiles
Pharmaceuticals
Automotive
Packaging
Consumer Goods
Others
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North America dominated the Adipic Acid Market with the highest revenue share of about 33.5% in 2022. North America boasts a robust manufacturing infrastructure, which has enabled it to meet the growing demand for adipic acid efficiently. Another crucial factor contributing to North America's success in the adipic acid market is its focus on research and development (R&D). The region has invested significantly in innovation and technology, leading to the development of advanced manufacturing processes and improved product quality.
The Asia Pacific region is anticipated to experience the highest CAGR of about 3.9% in the Adipic Acid Market throughout the forecast period. The region's burgeoning population and rapid urbanization have led to an increased demand for consumer goods, including textiles, automotive components, and packaging materials. Adipic acid, a vital raw material in the production of nylon, polyester, and polyurethane, finds extensive application in these industries. Asia Pacific has the dominant nylon market with a revenue share of about 43.6% in 2022. Furthermore, the Asia Pacific region has witnessed significant economic development, resulting in improved living standards and disposable incomes. This has led to a surge in consumer spending, particularly in the automotive and textile sectors, further driving the demand for adipic acid. Additionally, the region's favorable government policies and initiatives to promote industrial growth and attract foreign investments have created a conducive environment for the expansion of the Adipic Acid Market.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are LANXESS, BASF SE, Ascend Performance Materials, INVISTA, Asahi Kasei Corporation, Radici Partecipazioni S.p.A., DOMO Chemicals, Solvay, Sumitomo Chemical Co. Ltd., Liaoyang Tianhua Chemical Co. Ltd., and other key players mentioned in the final report.
Ascend Performance Materials-Company Financial Analysis
In April 2023, LANXESS achieved a significant milestone towards enhancing sustainability in its portfolio of polyols and oxidation products (POP), which includes adipic acid (ADA) products.
In April 2023, Asahi Kasei and Microwave Chemical embarked on a joint demonstration project with the goal of commercializing a chemical recycling process for polyamide 661 (PA66), commonly known as nylon 66, utilizing microwave technology.
In Jan 2022, INVISTA entered into strategic cooperation agreements with China Pingmei Shenma Group, aimed at driving environmental upgrades in the nylon 6,6 value chain and improving local raw material supply. The agreements also encompass a five-year purchase and sale arrangement for adiponitrile (ADN) and adipic acid (AA), as well as the licensing of key technologies.
In Jan 2020, DOMO Chemicals, a leading producer of high-quality engineering materials for various markets, announced the successful completion of its acquisition of Solvay's Performance Polyamides Business in Europe. The agreement also includes a joint venture between BASF and DOMO in France for the production of Adipic Acid.
| Report Attributes | Details |
| Market Size in 2022 | US$ 5.1 Bn |
| Market Size by 2030 | US$ 6.82 Bn |
| CAGR | CAGR of 3.7% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Nylon 6, 6 Resin, Nylon 6, 6 Fiber, Adipate Esters, Polyurethane, and Others) • By Application (Plasticizers, Wet Paper Resins, Unsaturated Polyester Resins, Food Additives, Synthetic Lubricants, Coatings, and Other Applications) • By End-user Industry (Food and Beverage, Personal Care, Electrical and Electronics, Textiles, Pharmaceuticals, Automotive, Packaging, Consumer Goods, and Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | LANXESS, BASF SE, Ascend Performance Materials, INVISTA, Asahi Kasei Corporation, Radici Partecipazioni S.p.A., DOMO Chemicals, Solvay, Sumitomo Chemical Co. Ltd., Liaoyang Tianhua Chemical Co. Ltd |
| Key Drivers | • Rising demand for adipic acid in the production of polyurethane foams, coatings, and resins • Growing awareness regarding sustainable practices and the shift towards bio-based adipic acid • Growing demand for nylon 6,6 from various industries |
| Market Restraints | • Volatility in raw material prices |
Ans: The Adipic Acid Market was valued at USD 5.1 billion in 2022.
Ans: The expected CAGR of the global Adipic Acid Market during the forecast period is 3.7%.
Ans: Adipic acid acts as a mordant, facilitating the fixation of dyes onto fabrics. By forming complexes with metal ions, it improves the colorfastness and durability of dyes, ensuring vibrant and long-lasting hues in textiles. Adipic acid serves as a key component in the production of nylon fibers. In addition to its role in dyeing and nylon production, adipic acid also contributes to the finishing processes of textiles. Moreover, adipic acid finds use in the production of polyurethane-based coatings for textiles.
Ans: China is the dominating country in the Asia Pacific region in the Adipic Acid Market.
Ans: Yes, you can ask for the customization as pas per your business requirement.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Adipic Acid Market Segmentation, By Product
8.1 Nylon 6, 6 Resin
8.2 Nylon 6, 6 Fiber
8.3 Adipate Esters
8.4 Polyurethane
8.5 Others
9. Adipic Acid Market Segmentation, By Application
9.1 Plasticizers
9.2 Wet Paper Resins
9.3 Unsaturated Polyester Resins
9.4 Food Additives
9.5 Synthetic Lubricants
9.6 Coatings
9.7 Other Applications
10. Adipic Acid Market Segmentation, By End-user Industry
10.1 Food and Beverage
10.2 Personal Care
10.3 Electrical and Electronics
10.4 Textiles
10.5 Pharmaceuticals
10.6 Automotive
10.7 Packaging
10.8 Consumer Goods
10.9 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Adipic Acid Market by Country
11.2.2North America Adipic Acid Market by Product
11.2.3 North America Adipic Acid Market by Application
11.2.4 North America Adipic Acid Market by End-user Industry
11.2.5 USA
11.2.5.1 USA Adipic Acid Market by Product
11.2.5.2 USA Adipic Acid Market by Application
11.2.5.3 USA Adipic Acid Market by End-user Industry
11.2.6 Canada
11.2.6.1 Canada Adipic Acid Market by Product
11.2.6.2 Canada Adipic Acid Market by Application
11.2.6.3 Canada Adipic Acid Market by End-user Industry
11.2.7 Mexico
11.2.7.1 Mexico Adipic Acid Market by Product
11.2.7.2 Mexico Adipic Acid Market by Application
11.2.7.3 Mexico Adipic Acid Market by End-user Industry
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Adipic Acid Market by Country
11.3.1.2 Eastern Europe Adipic Acid Market by Product
11.3.1.3 Eastern Europe Adipic Acid Market by Application
11.3.1.4 Eastern Europe Adipic Acid Market by End-user Industry
11.3.1.5 Poland
11.3.1.5.1 Poland Adipic Acid Market by Product
11.3.1.5.2 Poland Adipic Acid Market by Application
11.3.1.5.3 Poland Adipic Acid Market by End-user Industry
11.3.1.6 Romania
11.3.1.6.1 Romania Adipic Acid Market by Product
11.3.1.6.2 Romania Adipic Acid Market by Application
11.3.1.6.4 Romania Adipic Acid Market by End-user Industry
11.3.1.7 Turkey
11.3.1.7.1 Turkey Adipic Acid Market by Product
11.3.1.7.2 Turkey Adipic Acid Market by Application
11.3.1.7.3 Turkey Adipic Acid Market by End-user Industry
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Adipic Acid Market by Product
11.3.1.8.2 Rest of Eastern Europe Adipic Acid Market by Application
11.3.1.8.3 Rest of Eastern Europe Adipic Acid Market by End-user Industry
11.3.2 Western Europe
11.3.2.1 Western Europe Adipic Acid Market by Product
11.3.2.2 Western Europe Adipic Acid Market by Application
11.3.2.3 Western Europe Adipic Acid Market by End-user Industry
11.3.2.4 Germany
11.3.2.4.1 Germany Adipic Acid Market by Product
11.3.2.4.2 Germany Adipic Acid Market by Application
11.3.2.4.3 Germany Adipic Acid Market by End-user Industry
11.3.2.5 France
11.3.2.5.1 France Adipic Acid Market by Product
11.3.2.5.2 France Adipic Acid Market by Application
11.3.2.5.3 France Adipic Acid Market by End-user Industry
11.3.2.6 UK
11.3.2.6.1 UK Adipic Acid Market by Product
11.3.2.6.2 UK Adipic Acid Market by Application
11.3.2.6.3 UK Adipic Acid Market by End-user Industry
11.3.2.7 Italy
11.3.2.7.1 Italy Adipic Acid Market by Product
11.3.2.7.2 Italy Adipic Acid Market by Application
11.3.2.7.3 Italy Adipic Acid Market by End-user Industry
11.3.2.8 Spain
11.3.2.8.1 Spain Adipic Acid Market by Product
11.3.2.8.2 Spain Adipic Acid Market by Application
11.3.2.8.3 Spain Adipic Acid Market by End-user Industry
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Adipic Acid Market by Product
11.3.2.9.2 Netherlands Adipic Acid Market by Application
11.3.2.9.3 Netherlands Adipic Acid Market by End-user Industry
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Adipic Acid Market by Product
11.3.2.10.2 Switzerland Adipic Acid Market by End-user Industry
11.3.2.10.3 Switzerland Adipic Acid Market by Application
11.3.2.11.1 Austria
11.3.2.11.2 Austria Adipic Acid Market by Product
11.3.2.11.3 Austria Adipic Acid Market by Application
11.3.2.11.4 Austria Adipic Acid Market by End-user Industry
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Adipic Acid Market by Product
11.3.2.12.2 Rest of Western Europe Adipic Acid Market by Application
11.3.2.12.3 Rest of Western Europe Adipic Acid Market by End-user Industry
11.4 Asia-Pacific
11.4.1 Asia-Pacific Adipic Acid Market by Country
11.4.2 Asia-Pacific Adipic Acid Market by Product
11.4.3 Asia-Pacific Adipic Acid Market by Application
11.4.4 Asia-Pacific Adipic Acid Market by End-user Industry
11.4.5 China
11.4.5.1 China Adipic Acid Market by Product
11.4.5.2 China Adipic Acid Market by Application
11.4.5.3 China Adipic Acid Market by End-user Industry
11.4.6 India
11.4.6.1 India Adipic Acid Market by Product
11.4.6.2 India Adipic Acid Market by Application
11.4.6.3 India Adipic Acid Market by End-user Industry
11.4.7 Japan
11.4.7.1 Japan Adipic Acid Market by Product
11.4.7.2 Japan Adipic Acid Market by Application
11.4.7.3 Japan Adipic Acid Market by End-user Industry
11.4.8 South Korea
11.4.8.1 South Korea Adipic Acid Market by Product
11.4.8.2 South Korea Adipic Acid Market by Application
11.4.8.3 South Korea Adipic Acid Market by End-user Industry
11.4.9 Vietnam
11.4.9.1 Vietnam Adipic Acid Market by Product
11.4.9.2 Vietnam Adipic Acid Market by Application
11.4.9.3 Vietnam Adipic Acid Market by End-user Industry
11.4.10 Singapore
11.4.10.1 Singapore Adipic Acid Market by Product
11.4.10.2 Singapore Adipic Acid Market by Application
11.4.10.3 Singapore Adipic Acid Market by End-user Industry
11.4.11 Australia
11.4.11.1 Australia Adipic Acid Market by Product
11.4.11.2 Australia Adipic Acid Market by Application
11.4.11.3 Australia Adipic Acid Market by End-user Industry
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Adipic Acid Market by Product
11.4.12.2 Rest of Asia-Pacific Adipic Acid Market by Application
11.4.12.3 Rest of Asia-Pacific Adipic Acid Market by End-user Industry
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Adipic Acid Market by country
11.5.1.2 Middle East Adipic Acid Market by Product
11.5.1.3 Middle East Adipic Acid Market by Application
11.5.1.4 Middle East Adipic Acid Market by End-user Industry
11.5.1.5 UAE
11.5.1.5.1 UAE Adipic Acid Market by Product
11.5.1.5.2 UAE Adipic Acid Market by Application
11.5.1.5.3 UAE Adipic Acid Market by End-user Industry
11.5.1.6 Egypt
11.5.1.6.1 Egypt Adipic Acid Market by Product
11.5.1.6.2 Egypt Adipic Acid Market by Application
11.5.1.6.3 Egypt Adipic Acid Market by End-user Industry
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Adipic Acid Market by Product
11.5.1.7.2 Saudi Arabia Adipic Acid Market by Application
11.5.1.7.3 Saudi Arabia Adipic Acid Market by End-user Industry
11.5.1.8 Qatar
11.5.1.8.1 Qatar Adipic Acid Market by Product
11.5.1.8.2 Qatar Adipic Acid Market by Application
11.5.1.8.3 Qatar Adipic Acid Market by End-user Industry
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Adipic Acid Market by Product
11.5.1.9.2 Rest of Middle East Adipic Acid Market by Application
11.5.1.9.3 Rest of Middle East Adipic Acid Market by End-user Industry
11.5.2 Africa
11.5.2.1 Africa Adipic Acid Market by Country
11.5.2.2 Africa Adipic Acid Market by Product
11.5.2.3 Africa Adipic Acid Market by Application
11.5.2.4 Africa Adipic Acid Market by End-user Industry
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Adipic Acid Market by Product
11.5.2.5.2 Nigeria Adipic Acid Market by Application
11.5.2.5.3 Nigeria Adipic Acid Market by End-user Industry
11.5.2.6 South Africa
11.5.2.6.1 South Africa Adipic Acid Market by Product
11.5.2.6.2 South Africa Adipic Acid Market by Application
11.5.2.6.3 South Africa Adipic Acid Market by End-user Industry
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Adipic Acid Market by Product
11.5.2.7.2 Rest of Africa Adipic Acid Market by Application
11.5.2.7.3 Rest of Africa Adipic Acid Market by End-user Industry
11.6 Latin America
11.6.1 Latin America Adipic Acid Market by Country
11.6.2 Latin America Adipic Acid Market by Product
11.6.3 Latin America Adipic Acid Market by Application
11.6.4 Latin America Adipic Acid Market by End-user Industry
11.6.5 Brazil
11.6.5.1 Brazil Adipic Acid Market by Product
11.6.5.2 Brazil Adipic Acid Market by Application
11.6.5.3 Brazil Adipic Acid Market by End-user Industry
11.6.6 Argentina
11.6.6.1 Argentina Adipic Acid Market by Product
11.6.6.2 Argentina Adipic Acid Market by Application
11.6.6.3 Argentina Adipic Acid Market by End-user Industry
11.6.7 Colombia
11.6.7.1 Colombia Adipic Acid Market by Product
11.6.7.2 Colombia Adipic Acid Market by Application
11.6.7.3 Colombia Adipic Acid Market by End-user Industry
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Adipic Acid Market by Product
11.6.8.2 Rest of Latin America Adipic Acid Market by Application
11.6.8.3 Rest of Latin America Adipic Acid Market by End-user Industry
12. Company profile
12.1 LANXESS
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 BASF SE
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Ascend Performance Materials
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 INVISTA
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Asahi Kasei Corporation
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Radici Partecipazioni S.p.A.
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 DOMO Chemicals
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Solvay
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Sumitomo Chemical Co. Ltd.
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Liaoyang Tianhua Chemical Co. Ltd.
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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The Zeolite Market is expected to grow at a CAGR of 5% between 2023 and 2030, from USD 13.12 billion in 2022 to USD 19.39 billion in 2030
The Thin Film Material Market size was USD 13.25 billion in 2023 and is expected to Reach USD 18.99 billion by 2031 and grow at a CAGR of 4.6% over the forecast period of 2024-2031.
The Acetone Market size was valued at USD 5.47 billion in 2022. It is estimated to hit USD 10.09 billion by 2030 and grow at a CAGR of 7.95% over the forecast period of 2023-2030.
The Insect Growth Regulators Market size was valued at USD 1.1 billion in 2022. It is estimated to hit USD 1.87 billion by 2030 and grow at a CAGR of 6.9% over the forecast period of 2023-2030.
The Bonding Sheet Market Size was esteemed at USD 404.46 million out of 2022 and is supposed to arrive at USD 760.18 million by 2030,and develop at a CAGR of 8.2% over the forecast period 2023-2030.
The Low dielectric materials Market Size was esteemed at USD 1.18 billion out of 2022 and is supposed to arrive at USD 2.21 billion by 2030 and develop at a CAGR of 8.1% over the forecast period 2023-2030.
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