Hexanedioic Acid Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 2.5 Billion by 2033, growing at a CAGR of 6% from 2026 to 2033.
The global hexanedioic acid market, also known as adipic acid, was valued at approximately USD 4,887.59 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. In 2022, the Asia Pacific region dominated the market, accounting for about 45% of the global share, driven by rapid industrialization and increasing demand from the automotive and textile sectors. North America followed, holding approximately 28% of the market share, attributed to the extensive use of nylon 6,6 fiber in the automotive sector. The Indian hexanedioic acid market generated revenue of USD 162.1 million in 2022 and is expected to reach USD 217.0 million by 2030, growing at a CAGR of 3.7% from 2023 to 2030. This growth is fueled by the expanding automotive and textile industries in the country. Additionally, the increasing adoption of electric vehicles worldwide is anticipated to boost the demand for nylon 6,6, thereby positively impacting the hexanedioic acid market. Opportunities in the market also arise from the development of bio based adipic acid, aiming to reduce environmental impact and cater to the growing demand for sustainable products.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=635732&utm_source=Pulse_G_April&utm_medium=212
Â
Invista
Solvay
Ascend
BASF
Radici
Asahi Kasei
Lanxess
Haili
Huafon
Shenma Industrial
Hualu Hengsheng
Liaoyang Sinopec
Hongye
Tianli
Yangmei Fengxi
Zhejiang Shuyang
Kailuan Group
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=635732&utm_source=Pulse_G_April&utm_medium=212
Growing demand for below applications around the world has had a direct impact on the growth of the Global Hexanedioic Acid Market
Bio-based Hexanedioic Acid
Synthetic Hexanedioic Acid
Polyamide Manufacturing
Coatings & Paints
Plasticizers
Lubricants
Adhesives & Sealants
Automotive
Electronics
Textiles
Consumer Goods
Agriculture
Industrial Grade
Food Grade
Adipic Acid Route
Bio-based Process
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/hexanedioic-acid-market/
1. Introduction of the Global Hexanedioic Acid Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Hexanedioic Acid Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Hexanedioic Acid Market, By Type
6. Global Hexanedioic Acid Market, By Application
7. Global Hexanedioic Acid Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Hexanedioic Acid Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/