Global Adipic Acid Market to Grow at a CAGR 3.1% by 2021 - Growing Demand for Adipic Acid from Automotive Industry - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Adipic Acid Market 2017-2021" report to their offering.

The global adipic acid market to grow at a CAGR of 3.10% during the period 2017-2021.

The report, Global Adipic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one driver in market is growing demand for adipic acid from automotive industry. High-performance plastics such as nylon have an important role in the automotive segment. Lightweight plastics helps in the production of fuel-efficient vehicles. Reduction in the weight of the automobile by every 10% is expected to have a 5%-7% reduction in the fuel use. The increasing fuel prices and environmental concerns about pollution have propelled the manufacturing of fuel-efficient cars in the automotive industry. Automotive air intake manifolds were made of metals, but today nylon fibers are used extensively for the production these manifolds. The substitution of metals in the manifolds with nylon reduces the weight of these parts by half and decreases the production costs by more than one-third.

Key vendors

  • Asahi Kasei
  • BASF
  • INVISTA
  • LANXESS
  • Solvay

Other prominent vendors

  • Ascend Performance Materials
  • PetroChina Liaoyang Petrochemical
  • Radici Partecipazioni
  • RENNOVIA
  • Shandong Haili Chemical Industry
  • Shandong Hongye Chemical Group
  • Verdezyne

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Geographical segmentation

PART 08: Decision framework

PART 09: Drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

PART 12: Key vendor analysis

PART 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/25zc89/global_adipic

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Plastic Additives

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Plastic Additives