In 2024, the forecasted production of adipic acid in Italy is 65.578 million kilograms, a slight increase from the 2023 actual data, which stood at the same value. The production increments marginally over the following years, reaching 65.601 million kilograms by 2028. The year-on-year growth rates indicate a stable yet minimal increase, suggesting a consistent production trend over the short term. The compound annual growth rate (CAGR) from 2024 to 2028 is negligible, reflecting a static production environment with minimal shifts.
Future trends to watch for:
- Environmental regulations impacting the production processes and efficiencies.
- Demand shifts from emerging markets and green alternative materials.
- Technological advancements in adipic acid production affecting output capacity.