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
News & Analysis - News & market analysis specifically relating to Adipic acid
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Insight and analysis of factors driving prices.
Adipic acid: Market overview
Updated to Q1 2015
The European adipic acid market continues to be rather over-supplied. With one producer having announced that it intends to increase capacity through improving the productivity of existing assets, there appears to be no immediate prospect of a rebalancing of the market from the supply side. In the short term, large reductions in raw material costs led by tumbling crude oil and feedstock prices may lead to substantial pressure on adipic acid values. Although some market players are optimistic about demand for the first quarter, one buyer expressed caution that prices have reached a sufficiently low level where capacity closures might ensue.
The Asian adipic acid market is expected to be under pressure in the first quarter amid the lower feedstock benzene prices and the increasing new capacities from China. China’s Chongqing Huafon Chemical is expected to start up its new 160,000 tone/year ADA plant in early this year, which will weigh on the market sentiment. Downstream demand is expected to slow down because of the lower economic growth in Asia, sources have said.
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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.