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adipic acid Prices in India | |
The Ahmedabad chemical market is witnessing a significant fall in prices of adipic acid, a key raw material used in diverse industries such as nylon production, polyurethane, plasticizers and coatings. This fall in prices has caught the attention of industry stakeholders and reflects the complex interrelationship of global trends, domestic demand-supply dynamics and raw material cost adjustments. According to recent data collected by IndianPetrochem, the price of adipic acid in the Ahmedabad market has declined by Rs.3/kg to Rs.137/kg from Rs.140/kg as on 10 July 2025. This reflects a substantial decline after a long period of price stability and has caused concern among industry stakeholders. In the domestic market, major Indian producers such as Gujarat State Fertilizers and Chemicals Limited (GSFC) and Bodal Chemicals are actively working to meet local demand amid changing market dynamics. Globally, major adipic acid producers include Germany's BASF, DOMO Chemicals and INVISTA, which play a key role in setting production standards and supply availability in international markets. The global adipic acid market will be valued at US$ 6.19 billion in 2023, which is expected to grow steadily, reaching an estimated US$ 6.50 billion in 2024 and is projected to reach US$ 9.11 billion by 2032. This growth, driven by a compound annual growth rate (CAGR) of approximately 4.2%, is driven by increasing applications across various industries, adipic acid Prices in India, Indian adipic acid Prices, Indian Prices adipic acid, IndinaPetrochem. #adipicAcidPricesinIndia #IndianAdipicAcidPrices #IndianPricesAdipicAcid #IndinaPetrochem | |
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| Target State: All States Target City : Delhi Last Update : 10 July 2025 6:34 PM Number of Views: 15 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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2025-07-11 (0.581 sec)