The adipic acid market in France experienced fluctuations from 2013 to 2023. Valued at 57.635 million Euros in 2023, the market recorded a downward trend in recent years with a year-on-year decline of 0.6% for both 2022 and 2023. Over the last five years, the compound annual growth rate (CAGR) was negative at -2.15%, highlighting a decrease in annual growth.
Looking ahead, factors such as environmental regulations and shifts towards sustainable alternatives might impact the market. Stakeholders should monitor advancements in bio-based adipic acid production and any regulatory changes related to sustainability. These elements could significantly influence market dynamics in the future.
