Adipic Acid Market Size Value in the UK

The UK adipic acid market had a moderate growth from 2013 to 2023, with fluctuations and a few notable declines. The market size in 2023 stood at 17.034 million euros. A significant drop occurred in 2020, but the market rebounded thereafter, evidenced by a 15.12% increase in 2021. Over the past two years, growth was relatively stable with minor variations, culminating in a small 0.55% increase in 2023. The five-year compound annual growth rate (CAGR) from 2018 to 2023 was slightly negative at -0.12%, signalling a generally flat market.

Future trends to watch for include:

  • Impacts of environmental regulations and shifts towards sustainable alternatives.
  • Potential market consolidation or changes due to economic factors and global supply chain dynamics.

Top Countries about Adipic Acid