The ICIS Adipic Acid reports are covered weekly in Asia and Europe by our locally based price reporters.
The news and analysis within the reports include spot and contract information, general overviews, upstream and downstream market movements as well as graphs and freight rates, when applicable to the market at the time. This independent and unbiased market information is crucial if you are involved in the Adipic Acid or related markets in order to make confident commercial 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.
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Adipic acid: Market overview
Updated to Q1 2017
Asia’s adipic acid (ADA) price uptrend is expected to weaken in the first quarter of 2017 as supply will increase with new capacity coming on stream in China. A 140,000 tonne/year ADA plant, operated by Taiyuan Chemical New Material Co, is expected to start up early this year in Shanxi province. Meanwhile, demand is expected to take a hit when downstream derivative plants cut production in the weeks leading to the Lunar New Year in late January.
Despite balance having been restored in the final quarter of last year, the European ADA market is again returning to a more unsettled condition. The product is subject to the same upward momentum that is being seen across the chemicals industry, with feedstock costs representing the main driver. So long as crude oil and upstream raw material costs remain on their present trajectory, it looks like ADA prices in Europe will also follow on the same upward path.
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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.