Adipic acid is a key chemical raw material, appearing as white crystalline powder. It is mainly used to produce nylon 66 and polyurethane, widely applied in automobiles, shoe materials, plastics, coatings and other fields. China is the world’s largest producer and exporter. Leading overseas manufacturers include BASF, Lanxess, Invista, etc. The industry faces general overcapacity.
EU anti‑dumping measure against China: High anti‑dumping duties are imposed on Chinese adipic acid, greatly restricting its exports to the EU.
Price hikes by overseas giants: Germany’s Lanxess has raised its global selling prices of adipic acid twice, driven by rising energy and raw‑material costs.
Market divergence: Prices stay low in Asia due to overcapacity and weak demand; European prices are higher, supported by costs and trade barriers.
Industry trend: New‑energy and eco‑friendly materials bring moderate growth, while growth of traditional downstream sectors slows down.