The global adipate market is projected to achieve a valuation of US$ 3.6 billion in 2023, with expectations to grow at a CAGR of 5.1% to reach US$ 5.9 billion by 2033.

Anticipated growth in the global adipate market is driven by rising demand from key industries including construction, automotive, and consumer goods. A shift towards bio-based and sustainable chemicals is also contributing to market expansion, with manufacturers increasingly investing in research and development to innovate more environmentally friendly adipate products.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8554

Key Companies Profiled

BASF SE
Eastman Chemical Company
Exxon Mobil Corporation
Fengchen Group Co., Ltd
Hallstar Industrial
Mitsubishi Chemical Corporation
Lanxess Chemicals
Country-wise Insights

The demand for adipate esters in India is on the rise, fueled by the increasing adoption of non-phthalate plasticizers across various sectors such as automotive, construction, and packaging. India's large population creates a substantial market for personal care and cosmetic products, where adipate esters serve as essential ingredients.

As an emerging economy with a rapidly expanding middle class and growing disposable income, India is witnessing increased consumer demand for high-quality products that utilize adipate esters.

These favorable conditions position the Indian market as an attractive opportunity for adipate manufacturers. Several global players have already established a presence in India, while others are actively pursuing entry into this promising market.

Category-wise Insights:

Dimethyl adipate esters are gaining momentum due to their unique properties and versatile applications. Dimethyl adipate (DMA) serves as a solvent and plasticizer across diverse industries such as coatings, adhesives, and personal care products.

DMA esters are biodegradable with low potential for bioaccumulation, making them a preferred choice for formulators seeking sustainable and environmentally-friendly ingredients. Their non-flammability enhances safety during handling, distinguishing them from many other solvents and plasticizers.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8554

Competitive Landscape:

Key players in the adipate market include Aarti Industries Ltd., Atman Kimya, BASF SE, Eastman Chemical Company, Exxon Mobil Corporation, Fengchen Group Co., Ltd, Haihang Industry, Hallstar Industrial, Matangi Industries, Mitsubishi Chemical Corporation, New Japan Chemical Co., Ltd., Seqens, and Lanxess Chemicals.

Significant investments in research and development are driving innovations in adipate products, aimed at enhancing performance, sustainability, and safety. Leading manufacturers are expanding production capacities to meet increasing demand. Sustainability remains a focal point, with efforts focused on developing environmentally-friendly products with reduced toxicity to gain competitive advantage.

Recent Developments: In August 2021, Arkema announced the acquisition of Polinox, a major producer of polymers and additives in Brazil, bolstering its position in the Latin American market for plastic additives, including adipates.

In September 2021, Eastman Chemical Company completed an expansion of its plasticizer manufacturing facility in Texas, increasing capacity for non-phthalate plasticizers, including adipate esters.

In October 2021, the European Commission approved the use of adipic acid as a feedstock for producing bio-based succinic acid, paving the way for bio-based adipate esters and other chemicals.

Segmentation of Adipate Industry Research

By Product Type :
Adipate Salts
Sodium
Potassium
Adipate Esters
Dimethyl
Dioctyl
Diisopropyl
Bis (2-ethylhexyl)
Others
By Function :
Plasticizer
Solvent
Lubricant
Emollient
Acidity Regulator
Flavouring Agent
By Application :
Personal Care & Cosmetic Products Formulation
Perfumes and Colognes
Bath Products
Skin Fresheners
Skin Cleansers
Moisturizers
Others (lipsticks, aftershave lotions, etc.)
Agrochemicals Production
PVC Production
Films Production
Food Packaging film
Agricultural Film
Food Processing
Plastic & Rubber Products Manufacturing
Mineral Products Manufacturing
Cement
Plasters
Paint Stripper Formulations
Others (coatings to the wire & cable etc.)
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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