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Adipic Acid prices in india | |
The Mumbai 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 data collected by Indian Petrochem, the price of adipic acid in the Mumbai market has declined by Rs.4/kg to Rs.133/kg on August 13, 2025, from Rs.137/kg assessed on August 6, 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 Vizag Chemical are actively working to meet local demand amid changing market dynamics. Globally, major adipic acid producers include Germany's BASF SE, INVISTA, Lanxess AG 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, IndianPetrochem. #AdipicAcidpricesinIndia #IndianAdipicAcidprices #IndianPricesAdipicAcid #IndianPetrochem | |
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| Target State: All States Target City : Delhi Last Update : 13 August 2025 10:11 PM Number of Views: 4 | Item Owner : IndianPetroChem Contact Email: Send email to item owner Contact Phone: (None) |
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2025-08-14 (0.573 sec)