|Product Name||Adipic Acid|
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Adipic Acid Prices: https://www.procurementresource.com/resource-center/adipic-acid-price-trends/pricerequest
Adipic acid is the most essential dicarboxylic acid which is also referred to as hexanedioic acid. The structural formula of adipic acid is C₆H₁₀O₄.
It is a crystalline white material that melts at about 1520C. Adipic acid has a molar mass of roughly 146.14 g/mol. The purest form of adipic acid is used in the manufacture of polyurethane.
The reaction between cyclohexanol and cyclohexanone is necessary for the synthesis of adipic acid in commercial applications. Cyclohexanol is first transformed into ketone, which produces nitrous acid, before being used to oxidise cyclohexanol and cyclohexanone (together known as KA oil) to produce adipic acid. Through a multistep process, KA oil is ultimately oxidised with the aid of nitric acid to form adipic acid.
The world’s top producer of adipic acid is China. Whereas regions like Brazil and Europe are also accelerating the market growth of adipic acid.
Key Details About the Adipic Acid Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Adipic Acid 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 Adipic Acid price chart, 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 Adipic Acid Price Trend:
The primary industrial applications for adipic acid include the production of nylon, solvents, lubricants, electronics, briquetting agents, and glass protection products, as well as the food and beverage business, paints and coatings sector, and flue gas desulphurization scrubbers.
Additionally, adipic acid is also employed as a comonomer, and hexamethylenediamine to produce nylon 6,6 and is a key raw material in the plastic and textile industry.
It is also used in applications including mattress foams, carpet underlays, furniture, and cushioning material to make furniture durable and comfy.
Other than that, adipic acid also finds its application in soil conditioners, flue gas desulphurisation scrubbers, and the production of Copolyamides and terpolymers.
Key Market Players:
- Asahi Kasei Corporation
- Ascend Performance Materials LLC
- Lanxess AG
- Solvay SA
- Invista (Koch Industries, Inc.)
News and Events:
- December 2022: Ascend Performance Material stated that it would acquire a compounding company in San Jose Iturbide, Mexico, in order to increase its capacity for generating high-performance designed raw materials. This agreement included a joint venture between Mitsubishi Corp. and Dainichiseika as well as the assets of DM Color Mexicana.
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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.
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