New York, NY -- (SBWIRE) -- 09/23/2020 -- Rapid growth of the electronics industry is one of the significant factors influencing market growth.

The global Adipic Acid Market is expected to reach USD 8.99 Billion by 2027, according to a new report by Reports and Data. Adipic acid finds substantial application in the production of nylon-66, which is deployed in the automotive industry for use in engine covers, air intake manifolds, tires, airbag containers, and headlamp covers, among various others interior and exterior automotive parts. An increasing emphasis on reduction of vehicular weight to increase fuel-efficiency is expected to drive the demand for nylon in the upcoming years. Moreover, nylon is suitable for high-performance applications in automobiles, such as mechanical strength, wear & abrasion, chemical & temperature resistance, flexibility, moldability, and ease of processing. Thus, the increasing demand for nylon-66, in turn, would drive the growth of the adipic acid market.

The report is updated with the latest market and economic scenario with regard to the COVID-19 pandemic. The report is furnished with the current details and changes in the demand and trends relating to the COVID-19 crisis. Impact analysis of the pandemic on the overall growth of the industry and its future impact is covered in the report.

Market Size – USD 6.05 billion in 2018, Market Growth - CAGR of 4.4%, Market Trends – Increasing investments on R&D in textile production technology.

Get a Sample of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2328

The report provides a comprehensive overview of the competitive landscape and provides an analysis of the key companies operating in the industry. The top players operating in the industry are Asahi Kasei Corporation, Ascend Performance Materials, Invista, BASF SE, Petro China Company Limited, Radici, Lanxess AG, Rhodia, Sumitomo Chemical Co. Ltd., and Dow Chemical Company, among others.

The Adipic Acid industry is segmented into:

Raw Materials Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

Cyclohexane
Cyclohexanol/Cyclohexanone (KA oil)
Others

Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

Nylon 66 Fibers & Engineering Resins
Polyurethanes
Adipate Esters
Others

Industry Verticals Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

Automotive
Electrical & Electronics
Food & Beverages
Textile
Cosmetics
Medical
Others

Regional Outlook of Adipic Acid Market:

The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Adipic Acid market is analyzed on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.

Browse complete Report @ https://www.reportsanddata.com/report-detail/adipic-acid-market

Advantages of Adipic Acid Market Report:

Panoramic overview of the opportunities and risks in the Adipic Acid sector
Study of recent innovations and developments in the industry
Comprehensive study of the growth pattern of the Adipic Acid industry
In-depth assessment of the competitive landscape of the key players of the Adipic Acid industry
Analysis of the Adipic Acid market drivers, constraints, and opportunities
Assessment of technological developments and the latest trends in the industry

Key considerations of the Adipic Acid Market Report:

Strategic Developments:

The study includes an assessment of key strategic developments of the Adipic Acid industry, including R&D advancements, product launches, brand promotions, mergers and acquisitions, joint ventures, collaborations, government deals, agreements, and partnerships. Regional growth of the leading companies is also provided on a global as well as country-wise scale.

Vital Features of the Market:

The report covers the evaluation of the key market features such as revenue, price analysis, capacity, gross margin, production and consumption ratio, import/export, and supply and demand ratio. Along with this, CAGR, gross margins, and estimated revenue generation is also covered by the report. The report further covers the market growth based on each segment and sub-segment of the industry.

Analytical Tools:

The report is furnished with accurate and assessed statistical data of the key industry players and their scope in the market. The analytical tools include SWOT analysis, Porter's Five Forces Analysis, feasibility analysis, and investment return analysis. These tools have been utilized to gain a deeper understanding of the key market players and their operations in the industry.

Fill all the details to get the Sample of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2328

Thank you for reading our report. For customization or further inquiry, please get in touch with us. Our team will ensure the report is tailored according to your requirements.

About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Contact Us:
John Watson
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

Related Reports –

Defoamers Market Size, Share & Industry Overview, By Vertical, By Industry Type, By Application Type, Technology Type, and Regional Forecast 2020-2027

Crude Sulfate Turpentine Market Size, Share & Industry Analysis, By Type, By Technology, By Product , By Application and Regional Forecast, 2020-2027