Australia Adipic Acid Market (2025-2031) | Value, Size, Trends, Analysis, Revenue, Growth, Share, Forecast, Companies & Industry

Australia Adipic Acid Market Highlights

Topics Covered in the Australia Adipic Acid Market Report

Australia Adipic Acid Market report thoroughly covers the market By Application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Australia Adipic Acid Market Synopsis

Australia Adipic Acid Market is expected to grow due to growing demand for adipic acid in various end-use industries such as automotive, textile, and electrical & electronics. Adipic acid is a key chemical intermediate used in the production of nylon 6,6, which is further used in the manufacturing of automotive components, fibers, and packaging materials. The increasing demand for lightweight and durable materials in the automotive industry is expected to drive the growth of the adipic acid market in Australia.The textile industry is also a major consumer of adipic acid, as it is used in the production of nylon 6,6 fibers. With the growing demand for synthetic fibers in the textile industry, the demand for adipic acid is expected to witness significant growth.

According to 6Wresearch, the Australia Adipic Acid Market size is projected to grow at the CAGR of 6.7% during the forecast period of 2025-2031. The Australia adipic acid market is expected to witness significant growth due to the increasing demand for nylon in various end-use industries. The rise in production of automobiles, electronic devices, and consumer goods is driving the demand for nylon which, in turn, is contributing to the growth of the adipic acid market. Moreover, advancements in technology have led to the development of new and advanced uses for adipic acid such as its application as a lubricant in the automotive industry. This is expected to further boost the growth of the market. The growing trend towards sustainable and environmentally-friendly products is expected to drive the development of bio-based adipic acid. This is in line with the increasing focus on reducing carbon emissions and promoting eco-friendly practices. As a result, key players in the market are investing in research and development to produce bio-based adipic acid, which is expected to be a major trend in the Australia market. Moreover, the rising adoption of electric vehicles and renewable energy sources is also expected to create growth opportunities for the adipic acid market. The use of nylon in the production of lightweight and durable components for electric vehicles and wind turbines is expected to drive demand for adipic acid. Despite the positive outlook, there are certain challenges that may hinder the Australia Adipic Acid Market Growth. Fluctuations in raw material prices and stringent regulations on environmental sustainability may impact the production and supply of adipic acid. Additionally, alternative materials such as bio-based nylon are gaining traction in the market, which could pose a threat to the demand for adipic acid.

Government policies and schemes introduced in the Australia Adipic Acid Market

The Australian government has implemented various policies and schemes to support the growth of the Adipic Acid Market in the country. Some of these include the National Innovation and Science Agenda, which aims to foster innovation and entrepreneurship in key industries, including chemical manufacturing. The government has also introduced policies to support sustainable production of chemicals, such as the Industry Growth Centres Initiative, which promotes collaboration between industry and research institutions to drive technological advancements and improve sustainability practices. Moreover, the Australian Renewable Energy Agency (ARENA) provides funding for research and development projects that focus on renewable energy solutions in the chemical industry. This promotes the use of clean and sustainable energy sources in adipic acid production, reducing the carbon footprint of the industry.

Leading players in the Australia Adipic Acid Market

The Australia Adipic Acid Industry is highly competitive, with several leading players operating in the market. Some of the key players in this market include Ascend Performance Materials LLC, BASF SE, Chemstar Chemical Co., Invista Sarl, Lanxess AG, PetroChina Company Limited, PTT Global Chemical Public Company Limited, Radici Partecipazioni SpA, Shandong Haili Chemical Industry Co. Ltd., Solvay S.A., Sumitomo Chemical Company Limited, and The Dow Chemical Company among others.

Future Insight of the Australia Adipic Acid Market

The Adipic Acid Market in Australia is expected to see significant transformation influenced by global trends toward sustainability and innovation. The market may witness an upsurge in the demand for bio-based adipic acid as industries seek more environmentally friendly alternatives to petroleum-based products. As technology advances, we are likely to observe the incorporation of cutting-edge processes that not only enhance efficiency but also minimize environmental impact. Furthermore, trade policies and international partnerships could play a crucial role in shaping the competitive landscape of this market, potentially opening new avenues for exports and collaboration on a global scale.

Market analysis By Applications

According to Dhaval, Research Manager, 6Wresearch, the segment of the Australia adipic acid market that is expected to grow is the Automotive industry. This growth can be attributed to the increasing demand for lightweight and fuel-efficient vehicles, which require the use of materials such as nylon 66 and polyurethanes, both of which are derived from adipic acid.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

 

Key Highlights of the Report:

• Australia Adipic Acid Market Outlook
• Market Size of Australia Adipic Acid Market, 2024
• Forecast of Australia Adipic Acid Market, 2031
• Historical Data and Forecast of Australia Adipic Acid Revenues & Volume for the Period 2021-2031
• Australia Adipic Acid Market Trend Evolution
• Australia Adipic Acid Market Drivers and Challenges
• Australia Adipic Acid Price Trends
• Australia Adipic Acid Porter's Five Forces
• Australia Adipic Acid Industry Life Cycle
• Historical Data and Forecast of Australia Adipic Acid Market Revenues & Volume By Applications for the Period 2021-2031
• Historical Data and Forecast of Australia Adipic Acid Market Revenues & Volume By Nylon 66 for the Period 2021-2031
• Historical Data and Forecast of Australia Adipic Acid Market Revenues & Volume By Plasticizers for the Period 2021-2031
• Historical Data and Forecast of Australia Adipic Acid Market Revenues & Volume By Polyurethanes for the Period 2021-2031
• Historical Data and Forecast of Australia Adipic Acid Market Revenues & Volume By Automotive for the Period 2021-2031
• Historical Data and Forecast of Australia Adipic Acid Market Revenues & Volume By Polyester Staple Fiber for the Period 2021-2031
• Australia Adipic Acid Import Export Trade Statistics
• Market Opportunity Assessment By Applications
• Australia Adipic Acid Top Companies Market Share
• Australia Adipic Acid Competitive Benchmarking By Technical and Operational Parameters
• Australia Adipic Acid Company Profiles
• Australia Adipic Acid Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments

By Application

• Nylon 66
• Plasticizers
• Polyurethanes
• Automotive
• Polyester Staple Fiber