Forecast: Sold Production of Adipic Acid in Italy

In 2023, Italy's actual sold production of adipic acid was approximated at around 26 million kilograms. The forecasted data indicates a consistent reduction in volume, with an annual decrease of approximately 9% from 2024 to 2028. From 2024 to 2025, a drop to approximately 21.7 million kilograms represents an 8.8% decline, followed by 9.8% in 2026, 10.8% in 2027, and another 11.9% reaching down to 15.4 million kilograms in 2028. The five-year compound annual growth rate (CAGR) projects a negative trajectory emphasizing a declining trend in the production of adipic acid.

Future trends to watch for include:

  • Fluctuations in global demand for adipic acid and its derivatives due to policy changes and economic cycles.
  • Technological advancements or innovations in substitute products reducing demand further.
  • Potential regulatory impacts on production processes, especially concerning environmental sustainability.

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