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Bio-adipic Acid Price Trend and Forecast

Bio-adipic Acid Production Cost Report: Operating Costs, Logistics, Utilities, Manufacturing Process, and Raw Material Requirements See more

Procurement Resource provides latest prices of Bio-Adipic Acid. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Bio-Adipic Acid Regional Price Trend

Get the latest insights on price movement and trend analysis of Bio-Adipic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Bio-Adipic Acid Price Trend for the Second Quarter of 2022

Biobased chemicals such as bio-adipic acid serve as suitable alternatives to conventional chemicals as it helps to reduce the dependence on fossil fuels, thereby reducing the carbon footprint. With the surging crude oil and natural gas prices, many companies are now investing the biobased chemicals. Bio-adipic acid is obtained from raw sugars, glucose and fatty acids derived from coconut oil.

The price of feedstock coconut oil remained strong throughout the Asian market owing to the supply crunch in the global market. With the absence of the Black Sea sunflower oil and palm oil export ban by Indonesia, oil prices exploded globally. The prices of feedstock coconut oil averaged 2985 USD/MT FOB Subic (Philippines). Similar price trends were seen in the European and US domestic markets due to the trade bottlenecks and lack of valuable imports from Malaysia and the Philippines due to adverse climate conditions.

The prices of raw sugars soared throughout the Asian market owing to the robust demand from the ethanol and biofuel industries. In the USA, the prices of raw sugars peaked at 808.38 USD/MT in April and further stabilized around 797.18 USD/MT in June 2022. Whereas in Brazil, the prices of raw sugars declined from 556.20 USD/MT ( February) to 492 USD/MT in June due to the lousy harvest owing to the adverse climate conditions caused by the La Nina weather phenomenon.

The high prices of biomass feedstock kept the price trends of bio-adipic acid strong throughout the first half of the said year.

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About:

A bio-based route to adipic acid has been developed as an alternative to petroleum-derived adipic acid. Sugar and plant-based oils are examples of sustainable feedstocks that can be used to make bio-adipic acid.

Product Details:

Report Features Details
Product Name Bio-adipic Acid
Chemical Formula C6H10O4
Molecular Weight 146.14 g/mol
Industrial Uses Polymer Industry, Nylon industry, Plasticizer production, Leavening agent in food industry
Supplier Database DSM, Genomatica, Bio-Amber
Region/Countries Covered Asia Pacific: China , India, Indonesia, Pakistan,  Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand,  South Korea, Iraq, Saudi Arabia, Malaysia, Nepal,  Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore,  Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden,  Belgium, Austria, Ireland Switzerland , Norway,  Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia,  Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes 
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Production Processes:

  • Production of Bio-Adipic Acid from Fatty Acids via Fermentation

Fatty acids are converted to adipic acid by genetically modified yeast species in this process.

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology:

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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