Adipic acid Prices, markets & analysis
With a network of price reporters across Asia, Europe and the US, ICIS is fully equipped to keep you updated on everything that happens in the global Adipic acid market, whether you buy or sell Adipic acid or related products.
From daily and weekly reports containing price assessments obtained by our network of local reporters, to the news and analysis that put the market into focus, we provide the tools you need to make confident business decisions.
Our editor gives their expert view
Adipic Acid Overview Transcript
Adipic acid is used in nylon 6,6 fibres and resins which account for nearly 65% of output.
It is also used to produce polyurethanes as a reactant to form plasticizers, lubricant components and polyester polyols.
Other outlets are as food ingredients for geletines, deserts and other foods that require acidulation.
The US is the largest exporter of adipic acid and Asia-Pacific is the largest net importer. Most adipic acid production is by the liquid-phase, nitric acid oxidation of Kaol.
Adipic acid is white crylstaine, odourless powder.
Europe has the capacity to produce 85,000 tonnes a year of adipic acid, while global output is put at 3.5 milliion tonnes a year. Global growth is around 4.5% per year with Asia being the fastest growing region.
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Adipic acid news and market information products from ICIS
We offer the following regional Adipic acid analysis and news coverage to keep you informed of factors and developments affecting prices in the Adipic acid marketplace.
Price Reporting – More information about the price reports we publish on Adipic acid
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Adipic acid
Track historical price data
News & analysis
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Insight and analysis of factors driving prices.
Adipic acid: Market overview
Asian adipic acid (ADA) prices will maintain an uptrend in the first quarter of 2014 on the back of high feedstock benzene prices and low inventory from producers. Major producers in Asia are building stocks early in the year in anticipation of a further price rise after Chinese Lunar New Year holiday, when the traditional peak season starts from February or March. Meanwhile, the rising feedstock prices also forced producers to raise prices to recoup their margins.
In Europe, the majority of European ADA players expect demand growth of 3-5% in 2014. ADA demand growth will be primarily driven by macroeconomic recovery in the shoe sole and engineering plastics sectors. Adipate plasticizers consumption is also expected to grow, as they continue to replace phthalate plasticizers.
In the near future, producers will be seeking price increases to compensate them for recent rises in the cost of benzene.
Updated to mid-Jan 2014
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Adipic Acid Methodology
About Adipic acid
Adipic acid is a white, crystalline compound and is primarily used in the production of nylon 6,6. It is also used to produce polyurethanes, as a reactant to form plasticisers, lubricant components and polyester polyols.
Feedstocks include benzene, cyclohexane (CX) and ammonia.
Key end-user products include automotive textiles, shoes and shoe soles. Other outlets are as a food ingredient in gelatines, desserts and other foods that require acidulation.
Exposure to adipic acid irritates the eyes, nose and throat as well as affecting the respiratory system.
Adipic acid decomposes on heating, producing toxic and corrosive fumes of valeric acid and other substances.