Product Code: ETC6192417 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In Australia, the synthetic and bio-based adipic acid market is gaining momentum due to its widespread application in nylon production, plasticizers, and polyurethane. The demand for bio-based alternatives is increasing due to sustainability initiatives and environmental regulations aimed at reducing greenhouse gas emissions.
There is growing interest in bio-based adipic acid production in Australia due to environmental regulations targeting carbon footprint reductions. Synthetic adipic acid continues to dominate, but investments in sustainable production methods using renewable feedstocks are gaining traction, driven by demand from the automotive and textile industries for eco-friendly materials.
The market for synthetic and bio-based adipic acid in Australia is challenged by fluctuating prices of raw materials such as cyclohexane and the high production costs associated with bio-based variants. The shift toward sustainability requires investments in cleaner technologies, which not all manufacturers can afford. Furthermore, limited local production capacity and dependency on imports make the market vulnerable to global supply chain disruptions.
As Australia moves toward more sustainable chemical production, there is a growing opportunity for investors in bio-based adipic acid. This market is supported by rising demand for eco-friendly nylon and polyurethane applications in automotive and construction. Strategic partnerships with bio-refineries and advancements in green chemistry can yield long-term profitability for stakeholders entering this space.
Adipic acid production, particularly through bio-based methods, aligns with Australia`s national agenda for decarbonizing the chemical industry. The government provides grants and R&D incentives through programs like the Clean Energy Finance Corporation (CEFC) and the Cooperative Research Centres (CRC) Program to encourage green chemistry innovations. Policies targeting emissions reduction also indirectly push the adoption of sustainable raw materials in adipic acid synthesis.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Synthetic And Bio Based Adipic Acid Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Synthetic And Bio Based Adipic Acid Market - Industry Life Cycle |
3.4 Australia Synthetic And Bio Based Adipic Acid Market - Porter's Five Forces |
3.5 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Synthetic And Bio Based Adipic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Synthetic And Bio Based Adipic Acid Market Trends |
6 Australia Synthetic And Bio Based Adipic Acid Market, By Types |
6.1 Australia Synthetic And Bio Based Adipic Acid Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume, By Synthetic Adipic Acid, 2021- 2031F |
6.1.4 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume, By Bio-based Adipic Acid, 2021- 2031F |
6.2 Australia Synthetic And Bio Based Adipic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume, By Nylon 6, 2021- 2031F |
6.2.3 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume, By 6 Fiber, 2021- 2031F |
6.2.4 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume, By Nylon 6, 2021- 2031F |
6.2.5 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume, By 6 Resin, 2021- 2031F |
6.2.6 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume, By Polyurethanes, 2021- 2031F |
6.2.7 Australia Synthetic And Bio Based Adipic Acid Market Revenues & Volume, By Adipate Esters, 2021- 2031F |
7 Australia Synthetic And Bio Based Adipic Acid Market Import-Export Trade Statistics |
7.1 Australia Synthetic And Bio Based Adipic Acid Market Export to Major Countries |
7.2 Australia Synthetic And Bio Based Adipic Acid Market Imports from Major Countries |
8 Australia Synthetic And Bio Based Adipic Acid Market Key Performance Indicators |
9 Australia Synthetic And Bio Based Adipic Acid Market - Opportunity Assessment |
9.1 Australia Synthetic And Bio Based Adipic Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Synthetic And Bio Based Adipic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Synthetic And Bio Based Adipic Acid Market - Competitive Landscape |
10.1 Australia Synthetic And Bio Based Adipic Acid Market Revenue Share, By Companies, 2024 |
10.2 Australia Synthetic And Bio Based Adipic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |