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Follow on Google News | Global Bio-Based Adipic Acid Market Trends, Growth and Forecast up to 2020Grand View Research has announced the addition of "Global Bio-Based Adipic Acid Market Analysis And Forecasts To 2020" Market Research report to their Database
By: Grand View Research, Inc Stringent government regulations over environmental impact coupled with volatile petrochemical based raw material prices is expected to augment bio-based adipic acid market demand. Adipic acid manufactured from bio-based feedstock would reduce carbon footprints and green house gases (GNG) into the atmosphere. Adipic acid is a precursor for polyurethane (PU) and nylon production. Increasing nylon demand for applications such as textiles and automotive components is expected to significantly augment bio-based adipic acid market growth over the next six years. Shift in preference by industry participants for using bio-based PU over traditional products, in industrial applications such as infrastructure, electronics and automobile is expected to fuel adipic acid market growth over the forecast period. View Bio-Based Adipic Acid Market Report with TOC @ http://www.grandviewresearch.com/ Other applications include food and medical industry. Adipic acid is used as a flavor ant and gelling aid ingredient in food processing industry. Medical industry uses adipic acid as polymeric coating in hydrophilic drugs and other controlled release mechanisms. Stringent FDA regulations owing to nitrogen dioxide (NO2) emissions from traditional adipic acid are expected to positively rule in favor of bio-based adipic acid. High initial R&D and production costs associated with bio-based adipic acid are expected to hamper industry participant’ Browse All Market Research Report @ Grand View Research (http://www.grandviewresearch.com/ End
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