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North America Adipic Acid Market is Expected to Reach $1.7 Billion in 2018 - New Report by MicroMarket Monitor
Date:7/23/2014

to be the important driver of this market. Since the last two decades, the percentage of engineering plastic and resins in automobile sector is constantly increasing. The reason for this growth is specific properties of engineering plastics. These are lightweight, strong, and are easy to process. As of 2013, the chemical industry has been included in the European emissions trading scheme, as a consequence of which, companies producing adipic acid will have to pay for the emissions of nitrous oxide into the atmosphere. These regulations are expected to drive the demand for bio-based adipic acid in the European region, thus, shifting the focus of the conventional adipic acid manufacturers. The shift of focus is indeed a threat for the conventional adipic acid market, but this step will help the manufacturers to control the nitrous oxide emission in the atmosphere.

Germany’s current position in producing bio-based polyamide is limited to a few manufacturers. However, new developments and investments, with further advancements in the field of high-value fine chemicals, are foreseen.
http://www.micromarketmonitor.com/market/europe-adipic-acid-8733892843.html

Asia-Pacific Adipic Acid Market
The Asia-Pacific region is the fastest-growing market for building & construction industry. It emerged from the global financial crisis as a growth driver and anchor of stability of the global economy. In APAC, polyurethane holds a major share in the total adipic acid market, followed by polyamide 66 where adipic acid is used as precursor to produce engineering plastics and fibers for various applications. China contributes to more than half of the total adipic acid product
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