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.
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
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Track historical price data
News & analysis
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Adipic acid: Market overview
European market participants along the polyamide chain are bracing themselves for another tough year in 2013, as margins continue to be squeezed by high feedstock costs and weak demand.
Consumption was largely low because of weak macroeconomic conditions – at least in the first half of the year. Nevertheless, feedstock benzene costs are expected to remain firm because of the continued shortage of pyrolysis gasoline (pygas), a key raw material for benzene production.
Asia has traditionally been a major importer of European adipic acid (ADA), with the majority used in the high-grade fibre market.
Asia ADA prices rebounded in end-July on the back of firm feedstock benzene costs, after being on a steady decline since mid-May.
Asian producers reduced their output in response to the weak market conditions and China’s Liaoyang Petrochemical shut its ADA plant in late June for more than two months of maintenance. The resultant drop in supply in China gave producers, who cited low inventories and high cost pressure, the opportunity to raise their prices and recoup some margins.
However, end-users in Taiwan said downstream demand is slower compared with the previous year and if feedstock prices rise too sharply, they will be unable to pass on the costs to their customers. Taiwan is a major importer of European and Chinese ADA.
Updated to mid-August 2013
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Adipic acid news & analysis
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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.