PUBLISHER: Value Market Research | PRODUCT CODE: 1342817
PUBLISHER: Value Market Research | PRODUCT CODE: 1342817
The global demand for Dodecanedioic Acid Market is presumed to reach the market size of nearly USD 1335.04 MN by 2030 from USD 666.74 MN in 2022 with a CAGR of 8.02% under the study period of 2023 - 2030.
Dodecanedioic acid is also known as DDDA. It is solid with a slight odour at room temperature. It is utilized in various applications, including surfactants, corrosion inhibitors, paints, and medical purposes. The material is used in manufacturing corrosion inhibitors widely used in chemicals, pulp & paper, and water treatment, among other industrial facilities. DDDA is also utilized in powder coatings for curing and stability.
The rise in the usage of dodecanedioic acid majorly in the production of engineering plastics, coatings, lubricants, paints, corrosion inhibitors, adhesives, and surfactants owing to features such as heat stability, flexibility, and high scratch resistance in the automotive sector accelerates the market growth. Moreover, the growing demand for bio-based dodecanedioic acid also contributes to the market's growth. However, strict government regulations to control and reduce harmful effects on the human population are expected to obstruct market growth. Besides this, the growing use of dodecanedioic acid in the manufacturing of cosmetics, coatings, lubricants, toothbrushes, fragrances, adhesives, oils, and pharmaceuticals further influences the market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of dodecanedioic acid. The growth and trends of Dodecanedioic Acid Industry provide a holistic approach to this study.
This section of the dodecanedioic acid market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Dodecanedioic Acid market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the dodecanedioic acid market include Verdezyne, BASF SE, Cathay Industrial Biotech, UBE Industries, Santa Cruz Biotechnology, Cathay, Evonik, Ube, Invista. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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