The global Bio-Based Adipic Acid market was valued at 4668.78 Million USD in 2021 and will grow with a CAGR of 2.43% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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

By Market Verdors:

Verdezyne

DSM

BioAmeber

Ameris

Aemethis

Genomatica

Rennovia

By Types:

Food Grade

Industrial Grade

By Applications:

Paints and Coatings

Low-temperature Lubricants

Plastic Additives

Polyurethane Resins

Food Additives

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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