Price Trends of Adipic Acid in its Latest Insights and Dashboard

Posted on 29 November, 2022 by Endru Smith

Request for Real Time Adipic Acid Prices: https://www.procurementresource.com/resource-center/adipic-acid-price-trends/pricerequest

Adipic Acid, also called hexanedioic acid, is a natural composite with the formula C₆H₁₀O₄ and is the most crucial dicarboxylic acid. It melts at 152 ºC and is a white crystalline compound. The acid is attained commercially by reaction between two compounds cyclohexanol and cyclohexanone.

The purest form of adipic acid is employed in the production of polyurethane. Adipic Acid has a molar mass of about 146.14 g/mol. It has a very uncommon occurrence in nature.

The worldwide leading Adipic Acid producing country is China. Whereas regions like Brazil and Europe are also hyping up the market growth of adipic acid.

Key Details About the Adipic Acid Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the adipic acid price, lithium carbonate price and carbon black price etc. in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The adipic acid price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Adipic Acid Price Trend:

Industrial uses impacting the adipic acid price trend primarily include the production of nylon, solvents, and lubricants, electronics, briquetting agents, and glass protection products, flue gas desulphurization scrubbers.

Other than that, it is also employed in the food and beverage and paints and coating industries as well. It is also widely utilised in applications of furnishings such as bedding foams, carpet underlays, and furniture and in the materials for cushioning to make the furniture durable and comfortable.

Key Market Players:

• Asahi Kasei Corporation
• Ascend Performance Materials LLC
• Lanxess AG
• Solvay SA
• Invista (Koch Industries, Inc.)

News and Events:

December 2021 - The company, Ascend Performance Material announced to buy a facility of compounding in San Jose Iturbide, Mexico and hence expanded the production capacity for the high-performance engineered raw materials. This agreement included a joint venture between Mitsubishi Corp and Dainichiseika and the assets of DM color Mexicana.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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