The speed of energy conversion is accelerating, and the bio-based adipic acid market has broad development prospects.

Bio-based adipic acid is a kind of adipic acid produced using renewable biomass resources as raw materials. Compared with petroleum-based adipic acid, bio-based adipic acid has the advantages of renewable raw materials, energy saving and emission reduction, green environmental protection, and small carbon footprint, which is in line with the concept of green and sustainable development of the chemical industry. In recent years, as environmental protection supervision has become increasingly strict, the bio-based materials market has developed rapidly, and the bio-based adipic acid market has also ushered in good development opportunities.

Adipic acid, also known as fat acid, appears as white crystals or crystalline powder. As an important organic dibasic acid, adipic acid is mainly used to produce nylon 66 resin and is widely used in organic synthesis, medicine, dyes, chemical production, lubricants and other fields. my country is a major producer of adipic acid. In 2021, my country’s adipic acid production capacity will be approximately 2.80 million tons. The main production companies include Huafeng Chemical, Shenma Nylon, Hualu Hengsheng, Jiangsu Haili, etc. Globally, the adipic acid market is still dominated by petroleum-based adipic acid, and there is broad room for substitution with bio-based adipic acid.

According to the “2022-2027 Bio-based Adipic Acid Industry Market In-depth Research and Investment Prospects Forecast Analysis Report released by the Industrial Research Center It shows that under the strategic background of carbon neutrality and carbon peaking, the bio-based adipic acid market has broad development prospects. At present, there are many companies around the world engaged in R&D and production of bio-based adipic acid, including the American Verdezyne Company, Asahi Kasei, DuPont, Japan’s Toray, the Netherlands’ DSM, BASF, etc.

The preparation process of bio-based adipic acid can be divided into two types. One is to use glucose as the raw material, and generate glucaric acid and mufuric acid through yeast fermentation, thereby generating bio-based adipic acid; the other is to use fructose as the raw material, Bio-based adipic acid is synthesized through catalytic dehydration to generate 5-hydroxymethylfurfural (HMF). Compared with the cyclohexane oxidation method, the bio-based adipic acid preparation process has the advantages of environmental friendliness, high product safety, and degradability, so it has attracted widespread market attention.

On August 24, 2022, Japan’s Toray announced the development of the world’s first 100% bio-based adipic acid, which is made from inedible biomass-derived sugars and combined with microbial fermentation technology, chemical purification technology, etc. At present, Japan’s Toray is improving its adipic acid production capacity and building a complete industrial chain of bio-based adipic acid. With technological advancement and in-depth research, Japan’s Toray plans to promote the commercial application of bio-based adipic acid in 2030.

Industry analysts said that the raw material for petroleum-based adipic acid is oil or natural gas. my country is short of oil resources, and under the international political situation , the uncertainty of oil supply increases. In order to adjust the energy structure and ensure energy security, the development of biomass resources will be an inevitable trend. my country is a major producer of adipic acid. Under the strategic background of carbon neutrality and carbon peaking, the bio-based adipic acid market has broad development space.