The adipic acid market volume in Italy saw a stable increase, reaching 161.45 million kilograms in 2023. Forecasts from 2024 to 2028 show a steady growth pattern: 166.31 million kilograms in 2024, escalating to 180.21 million kilograms by 2028. Year-on-year variations are 2.11% (2024), 2.11% (2025), 2.06% (2026), and 1.94% (2027), with a compound annual growth rate (CAGR) of 2.23% over the five years.
Future trends to watch for:
- Increasing demand in the automotive and textile industries, driven by advancements in production technologies.
- Potential regulatory changes impacting production processes and supply chain adjustments.
- Sustainable and eco-friendly initiatives influencing market dynamics and competitive strategies.