Pune, India -- (SBWIRE) -- 01/10/2020 -- Bio-Based Adipic Acid Market unveils a succinct analysis of the market size, regional spectrum and revenue forecast about the Bio-Based Adipic Acid market. Furthermore, the report points out major challenges and the latest growth plans embraced by key manufacturers that constitute the competitive spectrum of this business domain.

Adipic acid is the most widely used dicarboxylic acid from an industrial perspective. Adipic acid is mainly used for the production of nylon which finds its application in composite materials that are used in manufacturing automobile components.

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High investment and R&D costs associated with the production of bio-based adipic acid are expected to pose challenges to the market participants. The global market is still in initial stages with adipic acid manufacturers such as DSM, Genomatica and Bio-Amber shifting their capabilities towards the production of its bio-based alternative. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bio-Based Adipic Acid.
In global market, the following companies are covered (Verdezyne, DSM, BioAmeber, Ameris, Aemethis, Genomatica, Rennovia)

Market Segment by Product Type (Food Grade, Industrial Grade)

Market Segment by Application (Paints and Coatings, Low-temperature Lubricants, Plastic Additives, Polyurethane Resins, Food Additives, Other Synthetic Fibers)

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Bio-Based Adipic Acid market report consists of the world's crucial region market share, size (volume), trends including the product profit, price, value, production, capacity, capability utilization, supply, and demand. Besides, market growth rate, size, and forecasts at the global level have been provided. The geographic areas covered in this report: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. Top-down and bottom-up approaches are used to validate the global market size market and estimate the market size for manufacturers, regions segments, product segments and applications (end users). All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from BrandEssenceResearch and presented in this report.

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