#Adipic Acid Price Trend

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Adipic Acid Prices | Pricing | Trend | News | Database | Chart | Forecast

 Adipic Acid is an essential industrial chemical primarily used in the production of nylon 6,6, as well as in various resins, fibers, coatings, and plasticizers. It is also utilized in the food and pharmaceutical industries as a gelling agent and acidity regulator. The pricing of adipic acid has been a point of interest for various industries and businesses due to its substantial demand across multiple sectors. Over the years, adipic acid prices have been influenced by several factors, including raw material costs, global market dynamics, production levels, environmental regulations, and regional supply-demand imbalances.

A key driver in the pricing of adipic acid is the cost of raw materials. Adipic acid is produced mainly from cyclohexane, a chemical derived from crude oil. The volatility of crude oil prices often directly impacts the price of adipic acid. For instance, when crude oil prices soar, the cost of producing cyclohexane increases, driving up adipic acid prices. Conversely, when oil prices drop, adipic acid tends to become more affordable, barring any other external factors. This close correlation with oil prices makes the adipic acid market sensitive to fluctuations in the global energy market, including geopolitical tensions, supply chain disruptions, and economic shifts that affect oil prices.

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In addition to raw material costs, the production capacity and operational efficiencies of manufacturers significantly influence adipic acid prices. Major producers are concentrated in regions such as North America, Europe, and Asia-Pacific, with China being one of the largest players in the market. The availability of production facilities, technological advancements in manufacturing processes, and innovations aimed at improving yield and efficiency all play crucial roles in shaping supply levels and, consequently, the pricing of adipic acid. Periods of reduced production capacity, whether due to planned maintenance shutdowns or unplanned operational challenges, can lead to reduced supply, which often results in price spikes. On the other hand, when production is robust and supply levels meet or exceed market demand, prices tend to stabilize or even decrease.

Environmental regulations are another critical factor that impacts adipic acid prices. The production of adipic acid involves the release of nitrous oxide, a potent greenhouse gas. As governments worldwide implement stricter environmental regulations and carbon emission policies, adipic acid producers are being forced to invest in cleaner technologies and adopt more sustainable production methods. These investments in green technology often lead to increased production costs, which are passed on to consumers in the form of higher adipic acid prices. In particular, regions with more stringent environmental policies, such as Europe, may experience higher adipic acid prices compared to regions with more lenient regulations. This regulatory pressure is expected to increase in the future as sustainability becomes a growing concern for industries across the globe.

Demand trends across various end-user industries also have a significant effect on adipic acid prices. The nylon 6,6 industry is the largest consumer of adipic acid, and any shifts in demand for nylon products can cause price fluctuations. For instance, the automotive and textile industries, which are major consumers of nylon, directly impact adipic acid demand. A downturn in these industries can lead to reduced demand for adipic acid, resulting in lower prices. Conversely, a booming automotive or textile market can drive up demand and subsequently increase prices. Other industries, such as food and pharmaceuticals, while smaller in terms of volume, also contribute to demand fluctuations, particularly in niche markets where adipic acid plays a specialized role.

The global supply chain dynamics also contribute to adipic acid price movements. Trade restrictions, tariffs, and transportation costs can all affect the global flow of adipic acid, creating regional price disparities. For example, shipping constraints or trade tariffs between major producing regions, such as China and the United States, can lead to higher adipic acid prices in regions dependent on imports. Similarly, logistical challenges such as port congestion or limited transportation capacity can result in delayed deliveries and temporary supply shortages, causing prices to surge in affected areas.

Seasonal variations also play a part in adipic acid pricing, though to a lesser extent. In some industries, demand for nylon or other adipic acid derivatives may be higher at specific times of the year, leading to short-term price fluctuations. For example, increased automotive production during certain seasons can lead to higher demand for nylon, which in turn drives up adipic acid prices. Likewise, maintenance cycles for production plants are often scheduled during periods of lower demand, but unexpected shutdowns during peak seasons can create supply shortages and lead to sudden price hikes.

Finally, the role of global economic conditions cannot be overlooked when analyzing adipic acid prices. Economic downturns, recessions, and fluctuations in currency exchange rates can all affect market dynamics. During periods of economic uncertainty, industries may scale back production, leading to reduced demand for adipic acid and subsequent price drops. However, during periods of economic recovery or growth, increased industrial activity can drive up demand and result in higher prices. Exchange rate fluctuations, particularly in major producing and consuming regions, can also affect adipic acid pricing, as a stronger currency may make imports more expensive, contributing to regional price increases.

In conclusion, adipic acid prices are influenced by a complex interplay of factors ranging from raw material costs and production capacity to environmental regulations, demand trends, and global supply chain dynamics. The price of adipic acid is highly susceptible to external factors such as crude oil price fluctuations, regulatory changes, and shifts in global demand. As industries continue to evolve and adopt more sustainable practices, adipic acid prices are likely to face further fluctuations, making it essential for businesses to stay informed about market trends and developments in order to navigate the challenges of this volatile market.

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The global demand for Adipic Acid market was valued at USD 7984.2 Million in 2023 and is expected to reach USD 12927.1 Million in 2032, growing at a CAGR of 5.50% between 2024 and 2032.Adipic acid, a white crystalline powder, is primarily used as a monomer in the production of nylon 6,6, a key component in the textile and automotive industries. With its wide-ranging applications in various sectors, the adipic acid market has experienced significant growth over the past few decades. This article delves into the current state of the adipic acid market, its growth drivers, challenges, and future prospects.

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Market Overview

The global adipic acid market was valued at approximately USD 5 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. This growth can be attributed to the increasing demand for nylon 6,6, the expansion of the automotive and textile industries, and the rising emphasis on sustainability.

Key Drivers

1. Automotive Industry Growth: Nylon 6,6, derived from adipic acid, is extensively used in the automotive industry for manufacturing various components such as air intake manifolds, engine covers, and radiator end tanks. The lightweight and durable nature of nylon 6,6 makes it a preferred material, driving the demand for adipic acid. The global shift towards electric vehicles (EVs) further fuels this demand, as EVs require lightweight materials to enhance energy efficiency.

2. Textile Industry Expansion: Nylon 6,6 is also a crucial material in the textile industry, used in the production of carpets, apparels, and industrial yarns. The increasing consumer demand for high-performance textiles and the growth of the fashion industry are significant factors propelling the adipic acid market.

3. Sustainability and Green Chemistry: There is a growing emphasis on sustainability and reducing carbon footprints across industries. The adipic acid market is witnessing innovations in bio-based production methods, which utilize renewable raw materials instead of traditional petrochemical sources. These environmentally friendly processes are gaining traction, aligning with global sustainability goals and attracting investments.

Challenges

Despite its promising growth, the adipic acid market faces several challenges:

1. Volatile Raw Material Prices: Adipic acid production relies heavily on petrochemical derivatives such as cyclohexane. Fluctuations in crude oil prices directly impact the cost of raw materials, affecting the overall production cost and market stability.

2. Environmental Concerns: Traditional adipic acid production methods involve the use of nitric acid, leading to the emission of nitrous oxide, a potent greenhouse gas. Stricter environmental regulations and the need to reduce greenhouse gas emissions pose significant challenges to conventional production processes. Companies are investing in research and development to discover more sustainable and eco-friendly production methods.

3. Competition from Alternatives: The development of alternative materials, such as bio-based polyamides and other synthetic fibers, poses a threat to the adipic acid market. These alternatives offer similar properties and, in some cases, better performance, leading to a potential shift in market dynamics.

Regional Insights

The Asia-Pacific region dominates the adipic acid market, accounting for the largest share in 2023. The region's rapid industrialization, expanding automotive and textile sectors, and growing population contribute to this dominance. China, in particular, is a major consumer and producer of adipic acid, driven by its robust manufacturing capabilities and increasing demand for high-performance materials.

North America and Europe also hold significant market shares, with well-established automotive and textile industries. The focus on sustainable production methods and stringent environmental regulations in these regions further drive innovation and market growth.

Future Prospects

The future of the adipic acid market looks promising, with several trends shaping its trajectory:

1. Bio-based Production Methods: Continued advancements in bio-based adipic acid production methods are expected to reduce the environmental impact and enhance sustainability. These methods leverage renewable resources and offer a greener alternative to traditional processes.

2. Technological Innovations: Ongoing research and development efforts are focused on improving production efficiency, reducing costs, and discovering novel applications for adipic acid. Innovations in catalyst technologies and process optimization are likely to drive future growth.

3. Rising Demand for High-Performance Materials: The increasing demand for lightweight, durable, and high-performance materials in various industries, including automotive, textiles, and electronics, will continue to propel the adipic acid market. The shift towards electric vehicles and sustainable practices will further augment this demand.

Key Players

Ascend Performance Materials

Asahi Kasei Corporation

BASF SE

INVISTA

LANXESS

Liaoyang Tianhua Chemical Co., Ltd

Radici Partecipazioni S.p.A.

Solvay

Sumitomo Chemical Co., Ltd.

DOMO Chemicals

Segmentation by Application

In 2023, the nylon production, six fiber application segment dominated the market, accounting for 53.1% of the total revenue. Its significant market share is driven by the expanding use of nylon 6, 6 as a metal alternative in automotive, electrical, and electronic devices, among other things. Nylon 6,6 fiber is also commonly used in technical components such as gears, nuts, bolts, bearings, powder tool casings, rivets and wheels, and rocker box covers. The properties of nylon 6,6 fiber, such as moisture and mildew resistance, high melting temperature, outstanding durability, and improved strength, are predicted to push its employment in a variety of applications in the coming years.

Polyurethane Production also has a consistent growth potential due to its use in a variety of end-use industries.

Segmentation by End-Use Industry

The automotive segment dominated the market over the projection period. The automotive industry mostly uses nylon 66, which is manufactured from adipic acid, due to its superior mechanical, temperature-resistant, and lightweight properties. Adipic acid is commonly used as a monomer in the production of polyamide 6.6 pellets and other polyamides or polymers for engineering plastics, as well as polyurethane for flexible and semi-rigid foam.

However, the food and beverage industry sector has gained significant market share.

Segmentation by Form

The powder form of Adipic Acid is in high demand in the market. Adipic acid powder is widely utilized in a variety of industries, including textiles, automobiles, and food. It is preferred for its portability, storage, and transportation. The powder form enables exact dosing, making it suited for a variety of applications. In addition, the powder form is more stable and has a longer shelf life than the liquid version.

Segmentation by Purity

Food Grade is the fastest-growing section of the Adipic Acid Market. Adipic Acid is becoming increasingly popular in the food business due to its numerous possibilities as a food ingredient. In food and beverage items, adipic acid is used to regulate acidity and increase flavor.

Segmentation by Production Process

Cyclohexane held the largest market share in 2023. Almost all commercial adipic acid is made from cyclohexane. It is commonly utilized as an intermediate chemical in a variety of processes, with around 54% of its output used to produce adipic acid for nylon-66.

However, cyclohexanone is expected to increase at the fastest CAGR of 8.5% throughout the projection period.

Segmentation by Region

North America dominated the global industry in 2023, accounting for more than 32.9% of total revenue

Asia Pacific is predicted to be the fastest-growing regional market

The rest of the world, including Latin America, the Middle East, and Africa, supplies the remaining demand for Adipic Acid.

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Cyclohexanone Prices, Trends & Forecasts | Provided by Procurement Resource

Cyclohexanone is a colourless to pale yellow liquid that is an organic molecule with a unique and pleasing peppermint-like odour. Its chemical structure includes a six-membered ring cyclic ketone, including a carbonyl group (-CO-).

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The molecule is extremely reactive and combustible, fiercely reacting with strong acids and oxidising agents. It readily dissolves in organic solvents like ethanol, acetone, methanol, and ether.

Key Details About the Cyclohexanone Price Trends:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Cyclohexanone price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The cyclohexanone price trends, including India Cyclohexanone price, USA Cyclohexanone price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Cyclohexanone Price Trends:

Cyclohexanone is mainly employed as a solvent which facilitates the production of various compounds like caprolactam, adipic acid, and hexamethylenediamine, which are all used in nylon making. As the nylon market is witnessing rapid demand due to its application in end-use industries, like textile, automotive, and packaging, it will also boost demand for cyclohexanone. The chemical also works as a solvent to produce a few medicines, insecticides, and other chemical compounds. Other factors furthering the market expansion include a rising population, lifestyle changes and the increasing demand for food and agricultural goods.

Key Players:

BASF SE

OSTCHEM

Honeywell International Inc

UBE INDUSTRIES, LTD.

News & Recent Development

29th May 2023- The cyclohexanone benchmark price reached 9320.00 RMB/ton, from the previous 9510.00 RMB/ton declining by -2.00%. This decline was caused by weak feedstock benzene prices, frail demand, lower transaction focus, and high availability of product availability.

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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Beverage Acidulants Market Giants Spending Is Going To Boom | Tate and Lyle, Cargill, Hawkins Watts, Weifang Ensign Industry

Latest Study on Industrial Growth of Beverage Acidulants Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Beverage Acidulants market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Major players profiled in the study are:

Cargill, Inc. (United States), Tate and Lyle (United Kingdom), Northeast Pharmaceutical Group Co. Ltd. (China), Archer Daniels Midland , Corbion N.V. (Netherlands), Hawkins Watts Limited (Australia), Parry Enterprises India Ltd. (India), FBC Industries, Inc. (United States), Weifang Ensign Industry Co., Ltd. (China)

Scope of the Report of Beverage Acidulants

Acidulants namely acetic, adipic, fumaric, citric, lactic, malic, tartaric acids, phosphoric, and glucono-delta-lactone are commonly used as food additives in processed beverages to not only impart sour taste but also to adjust the pH, enhance and modify the flavors and sweetness of sugars. Furthermore, beverage acidulants are extensively used in the beverage processing industry as preservatives, additives, and flavoring agents.

The Global Beverage Acidulants Market segments and Market Data Break Down are illuminated below:

by Type (Citric Acid, Acetic Acid, Fumaric Acid, Lactic Acid, Phosphoric Acid, Malic Acid, Tartaric Acid, Others), Application (Dairy-based Beverages, Alcoholic Beverages, Soft Drinks, Other), Nature (Synthetic, Organic), Form (Powder, Granules, Liquid), Distribution Channel (Online Stores, Supermarkets, Specialized Stores, Others)

Market Opportunities:

Growing Beverage Industries across the Developing Countries

Increasing Consumer Preference for Natural Colors

Market Drivers:

The Expansion of the Beverage Processing Industry

The Use of Beverage Acidulants Not Only Enhance Flavor But Also Increase the Shelf Life of Beverages

Change in consumer behavior and lifestyle fuelling the Market Growth

A Rise in Demand for Longer Shelf Life Products

Market Trend:

Increased Application of Citric Acidulants in the Beverages

What can be explored with the Beverage Acidulants Market Study?

Gain Market Understanding

Identify Growth Opportunities

Analyze and Measure the Global Beverage Acidulants Market by Identifying Investment across various Industry Verticals

Understand the Trends that will drive Future Changes in Beverage Acidulants

Understand the Competitive Scenarios

Track Right Markets

Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Table of Contents

Global Beverage Acidulants Market Research Report

Chapter 1 Global Beverage Acidulants Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Productions, Revenue (Value) by Region

Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions

Chapter 6 Global Productions, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Beverage Acidulants Market Forecast

Finally, Beverage Acidulants Market is a valuable source of guidance for individuals and companies.

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Concentrated Nitric Acid Market Analysis: Regulatory Compliance and Safety Measures

Concentrated nitric acid, often abbreviated as CNA, is a highly corrosive and potent chemical that plays a vital role in various industrial applications. This versatile compound is a key ingredient in the production of a wide range of products, including explosives, fertilizers, and chemicals. The concentrated nitric acid market is dynamic and ever-evolving, influenced by factors such as demand in the chemical industry, agricultural needs, and global economic conditions. In this article, we will explore the Concentrated Nitric Acid market, its applications, key players, trends, and future prospects.

Market Overview

The concentrated nitric acid market is an essential segment of the global chemical industry. This market primarily deals with the production, distribution, and utilization of concentrated nitric acid, which typically has a concentration of 68-70% nitric acid in water. This chemical compound is highly corrosive, and its handling and storage require specialized equipment and precautions.

Key Applications

Chemical Manufacturing: The chemical industry is the largest consumer of concentrated nitric acid. It is used in the production of various chemicals, including ammonium nitrate, adipic acid, and toluene diisocyanate. The demand for these chemicals, in turn, is driven by sectors such as agriculture, automotive, and construction.

Explosives: Concentrated nitric acid is a crucial component in the manufacturing of explosives, particularly ammonium nitrate-fuel oil (ANFO) and nitroglycerin. These explosives are used in mining, construction, and military applications.

Fertilizers: Agriculture is a significant driver of the concentrated nitric acid market. Nitric acid is a key component in the production of nitrogen-based fertilizers, which are essential for crop growth and food production.

Pharmaceuticals: In the pharmaceutical industry, concentrated nitric acid is used for various applications, including the synthesis of active pharmaceutical ingredients and cleaning and sterilizing equipment.

Market Trends

Environmental Regulations: Environmental concerns have led to tighter regulations on the production and handling of concentrated nitric acid. This has prompted the industry to adopt cleaner and safer technologies to minimize emissions and environmental impact.

Technological Advancements: Ongoing research and development in the field of nitric acid production have resulted in more efficient and cost-effective methods. This has led to increased production capacities and reduced costs, making nitric acid more accessible to various industries.

Shift Towards Green Chemistry: The chemical industry, including the concentrated nitric acid sector, is gradually shifting towards green and sustainable practices. Companies are exploring ways to minimize waste, reduce energy consumption, and incorporate renewable resources into the production process.

Global Economic Factors: The concentrated nitric acid market is also influenced by broader economic trends. Fluctuations in the global economy can impact demand, pricing, and investment in the industry.

Key Players

Several global and regional players dominate the concentrated nitric acid market. Some of the prominent companies include:

BASF SE: BASF is a global chemical giant with a significant presence in the concentrated nitric acid market. They produce and distribute nitric acid for various industrial applications.

CF Industries: CF Industries is a major player in the agricultural sector, producing nitrogen-based fertilizers using concentrated nitric acid as a primary raw material.

Yara International: Yara is another leading player in the fertilizers segment, with a focus on sustainable and environmentally friendly agricultural solutions.

Thermo Fisher Scientific: Thermo Fisher provides high-purity concentrated nitric acid for laboratory and analytical applications.

Future Prospects

The future of the concentrated nitric acid market looks promising, with several factors contributing to its growth:

Population Growth: The global population is on the rise, driving the demand for food and agricultural products. This, in turn, increases the demand for nitrogen-based fertilizers, sustaining the market's growth.

Industrialization and Infrastructure Development: Ongoing industrialization and infrastructure development in emerging economies are expected to boost the demand for explosives and construction materials, driving the need for concentrated nitric acid.

Sustainable Practices: The market is likely to witness a shift towards more sustainable practices, with a focus on reducing environmental impact. Green chemistry and cleaner production methods will play a significant role in shaping the industry's future.

In conclusion, the concentrated nitric acid market is a vital component of the global chemical industry, serving various sectors such as chemicals, agriculture, and explosives. As industries continue to evolve and environmental concerns drive innovation, the market is expected to adapt and thrive, meeting the demands of a changing world while maintaining safety and sustainability.

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Concentrated Nitric Acid Market Growth Dynamics 2023 Emerging Technologies and Supply Chain Analysis

Concentrated nitric acid is a strong acid used in various industrial applications such as the manufacturing of fertilizers, dyes, and explosives. It is a colorless, corrosive liquid with a sharp, pungent odor and a boiling point of 83 °C. In this article, we will provide you with a comprehensive overview of the concentrated nitric acid market, including its market size, key players, and trends.

Market Size

The global concentrated nitric acid market size was valued at USD 18.2 billion in 2020 and is projected to reach USD 23.5 billion by 2027, growing at a CAGR of 3.4% from 2021 to 2027. The demand for concentrated nitric acid is driven by its use in the manufacturing of fertilizers, particularly ammonium nitrate, which is widely used in agriculture.

Key Players

Some of the key players operating in the concentrated nitric acid market include BASF SE, The Chemours Company, Yara International ASA, CF Industries Holdings, Inc., EuroChem Group AG, Hanwha Solutions Corporation, and OCI Nitrogen BV, among others. These companies are primarily focused on expanding their production capacities to meet the growing demand for concentrated nitric acid from various end-use industries.

Trends

The increasing demand for ammonium nitrate fertilizers is expected to be a key driver for the concentrated nitric acid market in the coming years. Additionally, the growing use of concentrated nitric acid in the production of adipic acid, which is used in the manufacture of nylon, is also expected to boost the demand for this product.

However, the concentrated nitric acid market is also facing several challenges, such as stringent regulations regarding its use and transportation due to its hazardous properties. Moreover, the high cost of raw materials and the fluctuating prices of natural gas, which is used as a feedstock in the production of concentrated nitric acid, are also expected to hamper market growth to some extent.

Conclusion

The concentrated nitric acid market is expected to grow steadily in the coming years, driven by the increasing demand for ammonium nitrate fertilizers and adipic acid. However, stringent regulations and the high cost of raw materials may pose challenges for market growth. Key players in the market are focused on expanding their production capacities to meet the growing demand for this product.

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Adipic Acid Market Development Strategy Analysis 2027

Major aspects that fuel the market growth are discussed in this illustrative Adipic Acid Market research such as prospective, driving, restraining factors, latest trends and key advancements. Newly entering key players into the marketplace will obtain huge assistance by referring this Adipic Acid Market study report as it carries out detailed industry study along with depicting latest developments in the industrial sectors. Significant data provided here is of huge assistance for industry players to obtain detailed assessment of the market competition for the prediction period 2022-2027. By knowing competition for the upcoming period, key players can introduce novel products into the market and obtain huge profits in the business. It further catches data about market share, market tactics and industry volume.

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This Adipic Acid Market research enables to target specific products into the market and enhance the revenue rate of the business. It further helps to know more about global market position in major regions of the globe such as Europe, Asia Pacific, North America, Latin America, Middle East and Africa. It further aims to provide a comprehensive presentation of the market strategies and entire market scenario. Some of the crucial factors are highlighted in this Adipic Acid Market report include continuously evolving consumer, buyer and vendor needs, key pricing structure, customer data, their preferences and buying attitude.

Top Players of Adipic Acid Market

The following are the key players in the Adipic Acid Market.

Asahi Kasei Corporation

Ascend Performance Materials Inc.

BASF SE

Invista

Lanxess Aktiengesellschaft

Petrochina Liaoyang Petrochemical

Radici Group

Rhodia

Shandong Haili Chemical Industry Company, Ltd. (BOHUI)

Shandong Hongye Chemical Company, Ltd.

Growth drivers and Market Value:

This report, from Stratview Research, studies the Adipic Acid Market value and growth drivers over the trend period of 2022-27. According to the report -

Adipic acid market is likely to witness a healthy CAGR of 4.2% during the forecast period. The global adipic acid market, along with its end products, has registered a direct growth in the previous few years. This growth is expected to surge in the upcoming years. The sturdiness, quality, lightweight properties, remarkable energy absorbing characteristics, an upward in the claim for durable polyamide 66, and the forthcoming safety protocols & innovative procedures for its usage will be the prime driving factors for the global market with the enhanced prominence on its different types and applications.

Segment Analysis:

Based on Material Type:

Based on the material type, the market is segmented as engineering plastics & fibers. The engineering plastics segment is further sub-segmented into automotive, packaging films & coatings, industrial/machinery, electrical & electronics, consumer goods, appliances, wire & cable, and others. About 13.7% of the total demand was registered from the automotive sub-segment in 2012, followed by the consumer goods application sub-segment as the most speedily developing segment in the global adipic acid market.

Based on Region:

In terms of regions, presently, the Asia-Pacific region is the largest consumer of adipic acid. China and Japan are the growth engines of the region with the largest share in the regional volumetric consumption of adipic acid in 2012. The market volume of the acid is relatively low in the European region, and is expected to flourish with a low growth of 1.8% during the forecast period.

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This Adipic Acid Market study report catches the impact of novel developments on the future market progress. There are a number of major industries already began adopting novel procedures, new headways, extensions, mergers and novel product launches to survive in the market and drive the business growth. It becomes easy for new players to rule the market and increase the product collection with this market research analysis. It focuses on major market segments. This Adipic Acid Market analysis is an effective tool to capture the COVID-19 impact on market developments and business growth. It also enables to explore through important insights such as latest market advancements, current market scenario, novel opportunities, challenges and market drivers.

Making sound and calculated decision for the benefit of business is important and this Adipic Acid Market report works as the best guide to help in this regard. It also enables to gauge through key competitors of the market and thorough analysis of the business scenario. Significant data gathered here is from interviews with leading business experts and primary research. Advanced data as well as statistics related to global market environment is also depicted in this market analysis.

Key features of the report -

Qualitative and Quantitative market research

Opportunity analysis

Market Assessment

Competitive Landscape

Industry best practices assessment

Product Research & Revenue Estimations

Market Trend Analysis

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Bio Adipic Acid Market 2022 Global Industry Extensive Competitive Landscape on Size, Volume, Trends, Share and Revenue| Regional Forecast By 2028

Bio Adipic Acid Market 2022 Global Industry Extensive Competitive Landscape on Size, Volume, Trends, Share and Revenue| Regional Forecast By 2028

This report studies the Bio Adipic Acid Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Bio Adipic Acid Market analysis segmented by companies, region, type and applications in the report. The…

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Global Aliphatic Polyester Polyol Market: Latest Trend, Growth, Analysis

According to this latest study, the growth in the Aliphatic Polyester Polyol market will change significantly from the previous year. Over the next five years, Aliphatic Polyester Polyol will register a CAGR in terms of revenue, and the global market size will reach USD in millions by 2028.

Aliphatic Polyester Polyol are dispersions of vinyl polymers in polyadipats based Aliphatic Polyester Polyol stabilized by a dispersant. Aliphatic Polyester Polyol. Adipic acid based Aliphatic Polyester Polyol is used in applications where flexibility is wanted, as in flexible foams and elastomers. Polyether polyols are made by the reaction of epoxides with compounds having active hydrogen atom. Polyester polyols are made by the polycondensation reaction of multifunctional carboxylic acids and polyhydroxyl compounds. They can be further categorized according to their end use. Polyester polyols are prepared by the reaction of a polycarboxylic acid or anhydride with a polyhydric alcohol employing in an initial step a stoichiometric excess of polycarboxylic acid or anhydride, thereafter removing between 90 to 95% of the water of esterification, adjusting the stoichiometry of the reaction.

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research& development, product and regional expansion of major participants involved in the market on global and regional basis. Moreover, the study covers price trend analysis, product portfolio of various companies along with patent analysis bifurcated into patent trend, patent share by company and patent analysis according to region.

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Key Players Covered In Aliphatic Polyester Polyol market Are:

BASF, INVISTA, Stepan, COIM, Tosoh, Sunko, Zand Shin, Huacheng, Wanhua, Huntsman, Yutian, Huafon, Sumei

Market Has Segmented The Aliphatic Polyester Polyol Market On The Basis Of Type, Application, And Region:

By Type:

·         Aliphatic Polyester Polyol

By Application:

·         Polyurethane Foam

·         Elastomer

·         Adhesives

·         Coating

·         Other

Aliphatic Polyester Polyol Market Segmentation by Geographical Analysis

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

·         Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of South America)

Impact Of Covid-19 Outbreak On The Aliphatic Polyester Polyol Market

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries,  Aliphatic Polyester Polyol Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.

Also, the Aliphatic Polyester Polyol market analysis report includes information on upcoming technology trends, restraints, threats, challenges and opportunities that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities. The report contains a comprehensive market and competitive landscape in addition to an analysis of the key vendors.

Report covered the major key points:

·         Explore key findings of the overall market

·         Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

·         Market forecasts for a minimum of 7years, along with 5 years of historical data for all segments, sub-segments, and regions

·         Market Segmentation caters to a thorough assessment of key segments with their market estimations

·         Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

·         Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

·         Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

·         Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

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Polybutylene Adipate Terephthalate (PBAT) Prices | Pricing | Trend | News | Database

 Polybutylene Adipate Terephthalate (PBAT) prices is an emerging biodegradable polymer that has gained significant attention in recent years due to its environmentally friendly characteristics and versatility in various applications. As industries and consumers increasingly prioritize sustainability, the demand for PBAT has surged, influencing its market dynamics and pricing trends. Understanding the factors affecting PBAT prices is crucial for businesses and stakeholders in the polymer industry.

The price of PBAT is influenced by several factors, including raw material costs, production processes, and market demand. Raw materials used in the production of PBAT, such as adipic acid, terephthalic acid, and butanediol, play a significant role in determining its cost. Fluctuations in the prices of these raw materials can directly impact the overall cost of PBAT. For instance, increases in the prices of petrochemical-based raw materials due to supply chain disruptions or geopolitical issues can lead to higher PBAT prices. Conversely, advancements in the production technology or the development of more cost-effective raw material sources can contribute to lower PBAT prices.

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Production processes also affect PBAT pricing. The complexity and scale of PBAT production involve various steps, including polymerization and blending, which require specialized equipment and technology. As manufacturers invest in advanced technologies to improve production efficiency and reduce costs, the pricing of PBAT can experience fluctuations. Innovations in production methods that enhance yield and reduce energy consumption can potentially lower production costs, thereby influencing PBAT prices in the market.

Market demand plays a pivotal role in shaping PBAT prices. As awareness of environmental issues grows, the demand for biodegradable and compostable materials like PBAT is increasing. This heightened demand can lead to price fluctuations based on supply and demand dynamics. When demand outpaces supply, prices tend to rise, reflecting the scarcity of the material. On the other hand, if supply exceeds demand, prices may decrease. The growth of industries such as packaging, agriculture, and textiles, which utilize PBAT for its biodegradable properties, contributes to the overall demand and, consequently, impacts pricing trends.

Another critical factor affecting PBAT prices is the competitive landscape within the polymer industry. As more manufacturers enter the market and production capacities expand, competition can influence pricing strategies. Competitive pressures may drive manufacturers to optimize their production processes, reduce costs, and offer more competitive prices to attract customers. Conversely, if the market remains concentrated with a few dominant players, pricing may be less volatile and more stable.

Regulatory policies and environmental regulations also play a significant role in PBAT pricing. Governments and regulatory bodies worldwide are increasingly implementing policies to promote sustainable practices and reduce plastic waste. These regulations often favor the use of biodegradable materials like PBAT, creating a favorable market environment for such polymers. However, compliance with stringent regulatory standards may increase production costs, which can, in turn, affect PBAT prices.

The global economic environment and trade conditions further impact PBAT pricing. Economic fluctuations, currency exchange rates, and international trade policies can influence the cost of raw materials, production, and transportation. For instance, changes in exchange rates can affect the cost of imported raw materials, leading to price adjustments for PBAT. Additionally, trade barriers or tariffs imposed on raw materials or finished products can impact pricing dynamics in the global market.

In conclusion, PBAT prices are influenced by a complex interplay of factors, including raw material costs, production processes, market demand, competition, regulatory policies, and global economic conditions. As the demand for sustainable and biodegradable materials continues to grow, understanding these factors is essential for businesses and stakeholders to navigate the evolving PBAT market. By staying informed about these influences, industry participants can make strategic decisions and anticipate pricing trends in the dynamic landscape of polymer production and consumption.

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Global Cyclohexane Market Study 2014 - 2030

Analysis of the CYCLOHEXANE MARKET

A comprehensive market study on the CYCLOHEXANE MARKET Market provides an overview of the demand-supply and consumption patterns of Cyclohexane Market across six different regions. This market study describes the Cyclohexane Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Cyclohexane Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.

Distinct market estimations and forecasts are presented in this comprehensive Cyclohexane Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Cyclohexane Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.

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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Cyclohexane Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.

Global Cyclohexane Demand Supply Analysis By Applications, (Volume, Value) (2014–2030)

     Strategic Issues

     Capacity Analysis – Plants and Projects (2014 – 2030)

Capacity

Production

Producing Companies

Capacity Additions and Investments

Location

Salient Statistics

Technology / Process

     Demand Analysis and Forecast (2014 – 2030)

Capacity

Production

Operating Rate

Import

Export

Net Trade

Demand

Demand Growth Rate (%)

Driving Force Analysis

Global Cyclohexane Market, By Application

Caprolactam

Adipic Acid

Others

Why Prismane Consulting?

Chemical Sciences, Engineering, Oil & Gas, Finance, Economics and Business backgrounds

Real-world industry, consulting, and market research experience

Average work experience of 10+ years

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About Prismane Consulting

Prismane Consulting is a unique global boutique consulting firm with an Indian origin. We present ourselves to the world outside providing management, economic and technical expertise to improve customer engagement, boost operational efficiency, reduce costs, and achieve superior business results. Prismane Consulting serves leading businesses in the field of Chemicals, Petrochemicals, Polymers, Materials, Environment and Energy. We have been advising clients on their key strategic issues solving their toughest and most critical business problems. To know more write to us on info@prismaneconsulting.com

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Cyclohexane Prices, Trends & Forecasts | Provided by Procurement Resource

Cyclohexane (C6H12) is a colorless fluid with a mild sweet smell. It is partially soluble in water and completely in alcohol, acetone, benzene, ethanol, ethyl ether, olive oil, and carbon tetrachloride. The melting point of this volatile compound ranges around 6.47 °C and the boiling point measures around 80.7° C. It is an alicyclic hydrocarbon comprised of 6 carbon atoms formed in a hexagon arrangement. Cyclohexane is a flammable fluid, non-corrosive. The dehydration of cyclohexanol and using concentrated phosphoric acid results in the production of cyclohexane.

Request for Real-Time Cyclohexane Prices: https://procurementresource.com/resource-center/cyclohexane-price-trends/pricerequest

The key importing countries include Vietnam, India, and the Netherlands. On the other hand, the primary exporting countries are Vietnam, Germany, and Belgium.

Key Details About the Cyclohexane Price Trends:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Cyclohexane price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The cyclohexane price trends, including India Cyclohexane price, USA Cyclohexane price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Cyclohexane Price Trends:

Cyclohexane is used commercially as a solvent to dissolve cellulose, ether, fats, waxes, spot removers, cellulosic, natural and synthetic resins, lacquers, and crude rubber. It is also used to manufacture perfumes, nylon 66 produced by a synthesis of adipic acid, plastics, paint, varnish remover, and much more.

Furthermore, Cyclohexane is used to make solid fuel for camp stoves, recrystallize medium glass substitutes, solid fuels, and adhesives. It synthesizes chemicals like benzene, cyclohexyl chloride, cyclohexanol, cyclohexanone, nitro-Cyclohexane, and many other chemical compounds for large-scale production. Here benzene and cyclopentane are the significant chemicals produced by Cyclohexane specifically.

Key Players:

BASF SE

Chevron Phillips Chemical Company

ExxonMobil Chemical Holland B.V.

Henan GP Chemicals Co., Ltd.

News & Recent Development

Date: 10 April 2023- RUDN experts to find a new catalyst that provides more efficient oxidation of Cyclohexane. The process produces adipic acid which is used in manufacturing household chemicals, food additives and other substances.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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The Adiponitrile Market to focus on organic expansion between 2021 and 2031

Many chemical substitutes have entered the chemicals’ market, these help in eradicating hazards related to usage dangerous materials. This indirectly helps boost overall valuation of chemical and materials industry in various ways.

Adiponitrile or hexanedinitrile is a colorless organic liquid compound. It finds its major application as a precursor for polymer nylon 6-6 which is known for its high mechanical strength and hence finds an array of applications including conveyor belts, carpet fibers, and electro-insulating elements amongst others. Adiponitrile also finds its application, though to a much smaller extent as an intermediate for synthesis of corrosion inhibitors and rubber accelerators.The major market for adiponitrile is governed by its application in Nylon6-6 whose demand continues to sore across North America and Europe primarily due to automotive applications. Also the market for adiponitrile finds upward trend in Asia pacific countries like China, Malaysia and other south-east Asian countries chiefly due to availability of cheaper production facilities.

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Adiponitrile is largely prepared by most common industrial route which was revealed by Dupont involving nickel-catalyzed hydrocyanation of butadiene. This process involves series of sub-products to finally produce adiponitrile as the outcome. Adiponitrile is then hydrogenated to produce hexamethylenediamine which is a vital component of Nylon6-6. Nylon 6-6 is prime substitute for Nylon 6 which finds applications requiring fittings in automotive applications, strings for musical instruments, ropes and tire cords.

However Nylon 6-6 has better properties in high temperature applications and hence makes in suitable over nylon 6 in various applications. The major applications which necessitate high temperature and strength include that of carpet manufacturing, hosiery and knitted garments (textile sector), tire ropes, gear wheels, plug parts, hydraulic brake lines and radiator housings for automotive industry.

As Nylon 6-6 is light in weight and waterproof in nature it makes it appropriate for swim-wear. Adiponitrile is also used in production of adipic acid which is used in polyurethane applications like auto seating, footwear, thermal insulation amongst others. However adipic acid can be cheaply manufactured by other ways making adiponitrile a weaker option for this segment.

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Almost all the adiponitrile goes into production of Nylon 6-6 fiber and hence requirement of Nylon 6-6 drives the market. As Nylon 6-6 finds wide array of applications in manufacturing and automotive sector, growth of these sectors would fuel the need of adiponitrile. The requirement in this sector is largely dominated by the U.S., followed by developing countries like China and Malaysia.

The requirement of Nylon 6-6 resin grows wider across Europe and the U.S. as a major engineering resin; this would enhance market for adiponitrile. The tyre-cord requirement would continue to grow as the automotive segment seems to grow at steady pace across Asia-pacific countries and developed countries.

This makes the market for adiponitrile even more lucrative. Application for carpets, rugs and clothing fibers which belong to textile sector are likely to continue the growth owing to strengthening in textile industry. This will certainly act as a major driver in the requirement for adiponitrile in near future. However this market faces a stiff price competition due to cut-throat price rivalry and hence the major players in this segment are shifting their production sites to Asia-pacific countries. This has propelled to a large extent demand in China which would even advance further with tyre-cord requirement.

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Some of the key participants in the adiponitrile market include Dupont, Solvay, Rhodia group, Invista,BASF, Lyondellbasell Industries, LG Chem, Ineos, China Petroleum & Chemical Corporation, Braskem, Evonik Industries, The dow chemical company, JSR Corporation, Royal Dutch Shell and Saudi Basic Industries Corporation amongst others.

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Gas Treatment Market Size, Research Development, Share and Forecast to 2028 Including Covid19 Impact | Lhoist, Axens, BERRYMAN CHEMICAL, Eunisell Chemicals

Gas Treatment Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.1% in the forecast period of 2021 to 2028 and is expected to reach USD 7,571,729.60 thousand by 2028.

To get acquainted with market landscape, brand awareness, latest trends, possible future issues, industry trends and customer behaviour, this finest Gas Treatment market research report is very necessary. Moreover, the report contains market definition, currency and pricing, market segmentation, market overview, premium insights, key insights and company profile of the key market players. Several market drivers, market restraints, along with opportunities and challenges are taken into consideration under market overview which gives valuable insights to businesses for taking right actions. Businesses can surely rely upon this first-class market report to accomplish an utter success.

All the data and info is presented in a form that explains various facts and figures to the business. In this Gas Treatment market report, industry trends have been described on the macro level which makes it easy to outline market landscape and probable future issues. In this report, the market drivers and restraints have been explained aptly using SWOT analysis. For obtaining in depth market report, request an analyst call or drop down an enquiry at any time. Thus, the Gas Treatment market report helps with the rises in business activities, qualitative work done and superior profits.

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Gas Treatment Market Scope and Market Size

On the basis of treatment, the global gas treatment market is segmented into dehydration, acid gas removal and others. In 2021, acid gas removal is expected to dominate due to the growing demand for an eco-friendly environment, mainly in developing countries post COVID-19.

On the basis of technology, the global gas treatment market is segmented into SPREX (Axens), ADIP (Royal Dutch Shell plc), UOP (Honeywell International inc.), OASE (BASF SE), Flexsorb (Exxon Mobil Corporation), and others. In 2021, OASE (BASF SE) is expected to dominate the market as it provides selective sulfur removal and high energy efficiency to meet stringent emission regulations.

On the basis of industry, the global gas treatment market is segmented into refineries, power plants, pulp & paper, metal & mining, food & beverages, oil & gas, and others. In 2021, power plants are expected to dominate the market due to increasing regulations against harmful gas emissions from power plants.

Key Players: Global Gas Treatment Market

BASF SE, Dow, Exxon Mobil Corporation, Royal Dutch Shell plc, Honeywell International Inc., INEOS, Eastman Chemical Company, Clariant, Ecolab, Huntsman International LLC, Cabot Corporation, Lhoist, Axens, BERRYMAN CHEMICAL, Eunisell Chemicals among others.

MAJOR TOC OF THE REPORT

Chapter 1: Gas Treatment Market Overview

Chapter 2: Manufacturers Profiles

Chapter 3: Global Gas Treatment Market Competition, by Players

Chapter 4: Global Gas Treatment Market Size by Regions

Chapter 5: Global Gas Treatment Market Revenueby Type (Tertiary Amine, Primary Amine, Secondary Amine, Non-Amines)

Chapter 6: Global Gas Treatment Market Revenue by Type of Gas (Acid Gas, Synthesis Gas)

Chapter 7: Global Gas Treatment Market Revenue by  Treatment (Acid Gas Removal, Dehydration, Others)

Chapter 8: Global Gas Treatment Market Revenue by Technology (OASE (BASF SE), Flexsorb (Exxon Mobil Corporation), ADIP (Royal Dutch Shell Plc), UOP (Honeywell International Inc.), SPREX (Axens), Others)

Chapter 9: Global Gas Treatment Market Revenue by Industry (Power Plants, Refineries, Metal & Mining, Oil & Gas, Pulp & Paper, Food & Beverages, Others)

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Key Report Highlights

Comprehensive pricing analysis based on different product types and regional segments

Market size data in terms of revenue and sales volume

Deep insights about regulatory and investment scenarios of the global Gas Treatment Market

Analysis of market effect factors and their impact on the forecast and outlook of the global Gas Treatment Market

The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Gas Treatment Market

Key Questions Answered in Report:

What is the key to the Gas Treatment Market?

What will the Gas Treatment Market Demand and what will be Growth?

What are the latest opportunities for Gas Treatment Market in the future?

What are the strengths of the key players?

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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

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Browse Related Reports@

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Polybutadiene Market

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Global Polyamide Market Study, By type, By Application and Regional Forecasts 2021-2025

Bharat Book Bureau Provides the Trending Market Research Report on “Global Polyamide Market Research Report – Forecast till 2025”under  Chemical & Materials Market Research Reports Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Global Polyamide Market is estimated to reach the highest growth at a CAGR of over 5% to surpass USD 38.56 Billion during the review period. Polyamide is a polymer that features recurring amide groups (R―CO―NH―R′) as essential parts of the main polymer chain. It is produced from the production of polyamide are hexamethylenediamine, adipic acid, and caprolactam, among others.

The Global Polyamide Market is estimated to witness a substantial growth due to the rising use of polyamide in the automotive industry in various applications such as engine compartments, radiator systems, fuel supply systems, interior and exterior components, and electrical systems. Furthermore, the rising requirement for nylon fibers in the production of technical textiles is further expected to drive the growth of the market in Asia-Pacific. Polyamide has various applications in an expansive range of industries, including textile, automotive, electrical & electronics, medical, and packaging, among others. Nonetheless, the fluctuating crude oil prices have affected the manufacturing of petrochemicals, hence the volatile raw material prices are expected to hinder the growth of the global polyamide market during the study period.

Market Segmentation The Global Polyamide market has been categorized by Type, Class, Application, and End-Use Industry. Based on the type segment, the global market has been categorized into PA 6, PA 66, and bio polyamides & specialty polyamides. PA 6 is expected to drive the fastest growth with a market share of 51% during the forecast period. By Class type, the polyamide market has been bifurcated into aliphatic polyamides (nylon class) and semi-aromatic & aromatic polyamides. Fibers, wire & cables, 3D printing, sports equipment, engine components, brakes & transmission parts, and household goods & appliances, among others, are the key application segments covered under the scope of the study. The 3D printing segment is expected to be one of the fastest-growing segments in the global market, while the engine components segment is expected to hold the highest share in the global market. By end-use industry, the global polyamide market has been categorized into automotive, electrical & electronics, textile, aerospace & defense, packaging, consumer goods, others. The automotive industry held the highest share in the polyamide market in 2018 and is expected to register a CAGR of 5.5% during the assessment period.

Regional Analysis Geographically, the Global Polyamide Market has been segmented into Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific is expected to dominate the market due to the positive outlook of the automotive and textile industries in the emerging economies of the region. In 2018, Asia-Pacific contributed the 55% market share with a market value of approximately 15 billion. The surging technical textile industry in Asia-Pacific is expected to drive the growth of the global polyamide market during the review period. In 2018, North America was accounted for the second-largest market for the global polyamide market followed by Europe.

Key Players The Key Players in the Global Polyamide Market are BASF SE (Germany), Evonik Industries AG (Germany), Lanxess (Germany), Arkema (France), DuPont (US), EMS-CHEMIE HOLDING AG (Switzerland), Mitsui Chemicals, Inc (Japan), Toray Industries Inc (Japan), KOLON PLASTIC INC (South Korea), and AdvanSix Inc (US). Some of the key strategies followed by the players operating in the global polyamide market are expansion, product development, and agreement.

COVID 19 Impacts We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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