#Dodecanedioic Acid Market size

[marketsndata]

Global Dodecanedioic Acid Market Size, Growth and Trends, 2030

Global dodecanedioic acid market size was valued at USD 457.05 million in 2022, which is expected to grow to USD 659.99 million in 2030 with a CAGR of 4.7% during the forecast period between 2023 and 2030. The global dodecanedioic acid (DDDA) market is significantly influenced by its role as a vital intermediate chemical in the production of nylon.

The demand for nylon materials across various industries, including automotive, textiles, and packaging is a major driver of DDDA market. In the automotive sector, where lightweight, durable materials are highly sought after, DDDA’s contribution to nylon-based components plays a crucial role in weight reduction and improved fuel efficiency. Furthermore, the textile industry values nylon’s strength and durability, making it a preferred choice for sportswear, outdoor gear, and industrial applications, fueling the demand for DDDA.

The packaging industry’s growth is driven by the rise of e-commerce and the need for efficient packaging solutions, further intensifying the demand for DDDA as it is integral in the creation of films, coatings, and barrier materials. DDDA finds extensive use in consumer goods, including textiles, apparel, and household items, catering to the consumer goods industry’s quest for durable and versatile materials. Emerging markets, marked by expanding middle-class populations and increasing industrialization, serve as significant contributors of the global demand for nylon and related materials, thereby supporting the demand for DDDA.

Sample report- https://www.marketsandata.com/industry-reports/dodecanedioic-acid-market/sample-request

Strong Demand from Automotive Sector to Raise the Requirement of Dodecanedioic Acid

Dodecanedioic acid (DDDA) plays a pivotal role in the automotive industry by enhancing adhesives used for structural bonding and sealants for creating air-tight and water-tight seals. These modifications result in improved strength, impact resistance, temperature stability, and adhesion, which are essential for vehicle assembly and compliance with strict safety and environmental regulations. Additionally, DDDA contributes to weight reduction, aiding in fuel efficiency and sustainability goals in the automotive sector.

For instance, overall auto sales in India witnessed a 20% raise on a year-on-year basis during September 2023. The strong performance of automotive sector across the globe increase the demand for engineering plastics, adhesives, and sealants, which in turn drives the demand for dodecanedioic acid.

High Performance of Nylon to Improve the Demand for Dodecanedioic Acid

The rising global demand for nylon along with its diverse range of applications across various industries is a key driver for the Dodecanedioic acid (DDDA) market. As industries such as textile, automotive, and packaging continue to expand and innovate, the need for advanced materials like nylon is expected to grow, contributing to the worldwide demand for its raw material, DDDA.

For instance, following a capacity expansion of 40,000 tons per year in 2020 by Invista Nylon Chemicals, the latest investment during August 2021 resulted in the rise of its plant’s capacity to 400,000 tons per year. Expansion of nylon production by several manufacturers will further enhance nylon value chain globally and raise demand for dodecanedioic acid across the globe.

Rising Demand for Adhesives and Sealants to Drive the Dodecanedioic Acid Market

The rising demand for sealants and adhesives in various industries, including construction, automotive, electronics, and aerospace, led to a broader application base for DDDA in the market. DDDA’s versatility makes it suitable for different sectors, as its adoption constantly expand.

For instance, in February 2022, to enhance its market-leading product line of thermal management encapsulants, adhesives, and gap fillers, Parker Lord broadened its range of offerings for electric vehicle manufacturers. The expansion presently encompass new thermally conductive (TC) adhesives and one-component (1K) low-density gap fillers. Developments and increasing adhesives and sealants production across several countries to heighten dodecanedioic acid demand globally.

Impact of COVID-19

The Dodecanedioic Acid (DDDA) market experienced significant disruption due to the outbreak of COVID-19. DDDA supply chains experienced disruptions, potentially leading to shortages and increased operational costs. In parallel, numerous industries, most notably automotive and textiles, underwent a reduction in production or temporary shutdowns in response to lockdowns and economic uncertainties which significantly diminished the demand for DDD. Furthermore, the pandemic’s adverse impact extended to construction and infrastructure projects as they encountered delays and cancellations which affected the demand for DDDA within the construction sector. The situation resulted in deferred investments and a notable reduction in DDDA consumption in construction-related applications during the pandemic.

Key Outlook

Butadiene, a major raw material of Dodecanedioic Acid is derived from crude oil or natural gas and highly subjected to price fluctuations, which leads to hinderance in the market growth of DDDA.

Dodecanedioic acid is highly preferred in manufacturing of engineering plastics due to its solvent free nature and minimal VOC emission, which aligns with eco-friendly targets and stringent regulation in several countries.

Report Scope

“Dodecanedioic Acid Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global dodecanedioic acid market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/dodecanedioic-acid-market

Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: info@marketsandata.com Website: https://www.marketsandata.com

[kirancmi]

Dodecanedioic Acid Market Is Estimated To Witness High Growth Owing To Surging Demand From Plasticizers Production

Dodecanedioic acid is an organic compound that finds extensive application as a comonomer in nylon and polyesters production. It helps to improve flexibility, transparency and low temperature processability of polymers. Dodecanedioic acid is predominantly used in plasticizers and lubricant production that enhances durability and efficiency of end-use applications.

The global dodecanedioic acid market is estimated to be valued at US$ 720.37 Mn in 2023 and is expected to exhibit a CAGR of 8.9% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: Surging Demand from Plasticizers Production: Dodecanedioic acid acts as a key intermediate in plasticizers manufacturing. It helps plasticizers to impart flexibility, softness and workability to plastics. Significant growth of plastics industry globally is propelling the demand for plasticizers which in turn is driving the consumption of dodecanedioic acid. According to Oxford Economics, the global plastics market is estimated to reach US$ 715 Bn by 2023 from US$ 582 Bn in 2018 registering a CAGR of 4%. Rise in Nylon and Polyester Production: Dodecanedioic acid serves as an indispensable monomer in production of various nylon and polyester varieties. It provides versatility, tensile strength and toughness to final polymers. Expanding textiles sector along with growth in automotive and electronics industries is augmenting the demand for nylons and polyesters. This increased consumption of nylons and polyesters is directly influencing the market growth of dodecanedioic acid over the forecast period. SWOT Analysis Strength: Dodecanedioic acid has wide applications in industries such as polymers, lubricants and plastics. It is used as a chemical intermediate in plasticizers and nylon resins. Dodecanedioic acid offers better thermal and chemical stability compared to alternatives. Weakness: The availability of substitutes like sebacic acid and azelaic acid poses a threat to the dodecanedioic acid market. High manufacturing costs involved in the production of dodecanedioic acid make it less competitive. Opportunity: Growing demand from end use industries such as lubricants, coatings and plastics offer lucrative growth opportunities. Increasing R&D activities to develop bio-based production methods also provide new opportunities. Threats: Volatility in raw material prices impacts the overall production cost of dodecanedioic acid. Stringent environmental regulations regarding the emissions from manufacturing plants pose challenges. Key Takeaways The global dodecanedioic acid market size is expected to witness high growth. The global dodecanedioic acid market is estimated to be valued at US$ 720.37 Mn in 2023 and is expected to exhibit a CAGR of 8.9% over the forecast period 2024 to 2031.

The market in Asia Pacific region is expected to grow at the fastest pace due to growing polymer industry in countries such as China, India and Taiwan. China dominates the global market with largest production facilities located in regions of Shandong and Liaoning. Key players

operating in the dodecanedioic acid market are The Coconut Company (UK) Ltd., Tirumala Food Industries, Enature Organic Products, Ayam Sarl, Nestlé S.A., Renuka Foods PLC, S & P Industries Sdn Bhd, Shriram Coconut Products Limited, Star Heritage Products, and Pulau Sambu Singapore Pte Ltd. These companies are focusing on capacity expansion and backward integration to gain competitive advantage.

Get more insights on this topic: https://www.newsstatix.com/dodecanedioic-acid-market-industry-insights-trends-dodecanedioic-acid-market/

[gireportstory]

Dodecanedioic Acid (DC12, DDDA) Market Size, Analyzing Forecasted Outlook and Growth for 2024-2030

Global Info Research’s  report offers key insights into the recent developments in the global Dodecanedioic Acid (DC12, DDDA) market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the market to help them make informed decisions. Furthermore, the research report includes qualitative and quantitative analysis of the market to facilitate a comprehensive market understanding.This Dodecanedioic Acid (DC12, DDDA) research report will help market players to gain an edge over their competitors and expand their presence in the market.

According to our (Global Info Research) latest study, the global Dodecanedioic Acid (DC12, DDDA) market size was valued at USD 374.5 million in 2023 and is forecast to a readjusted size of USD 493.5 million by 2030 with a CAGR of 4.0% during review period.

Global key players of Dodecanedioic Acid (DC12, DDDA) include Cathay Industrial Biotech, UBE Industries, Palmary Chemical, CCDC, Shandong Guangtong New Materials, etc. The top five players hold a share over 89%.

Asia-Pacific is the largest market, has a share about 50%, followed by Europe and North America, with share 25% and 25%, separately.

In terms of product type, Biological Fermentation is the largest segment, occupied for a share of 96%, and in terms of application, High Performance Polyamide and Nylon has a share about 71%.

We have conducted an analysis of the following leading players/manufacturers in the Dodecanedioic Acid (DC12, DDDA) industry: Cathay Industrial Biotech、UBE Industries、Palmary Chemical、CCDC、Shandong Guangtong New Materials Market segment by Type： Biological Fermentation、Chemical Synthesis Market segment by Application：High Performance Polyamide and Nylon、Lubricants and Rust Inhibitors、Essence and Fragrance、Hot Melt Adhesive、Other Report analysis: The Dodecanedioic Acid (DC12, DDDA) report encompasses a diverse array of critical facets, comprising feasibility analysis, financial standing, merger and acquisition insights, detailed company profiles, and much more. It offers a comprehensive repository of data regarding marketing channels, raw material expenses, manufacturing facilities, and an exhaustive industry chain analysis. This treasure trove of information equips stakeholders with profound insights into the feasibility and fiscal sustainability of various facets within the market. Illuminates the strategic maneuvers executed by companies, elucidates their corporate profiles, and unravels the intricate dynamics of the industry value chain. In sum, the Dodecanedioic Acid (DC12, DDDA) report delivers a comprehensive and holistic understanding of the markets multifaceted dynamics, empowering stakeholders with the knowledge they need to make informed decisions and navigate the market landscape effectively. Conducts a simultaneous analysis of production capacity, market value, product categories, and diverse applications within the Dodecanedioic Acid (DC12, DDDA) market. It places a spotlight on prime regions while also performing a thorough examination of potential threats and opportunities, coupled with an all-encompassing SWOT analysis. This approach empowers stakeholders with insights into production capabilities, market worth, product diversity, and the markets application prospects. Assesses strengths, weaknesses, opportunities, and threats, offering stakeholders a comprehensive understanding of the Dodecanedioic Acid (DC12, DDDA) markets landscape and the essential information needed to make well-informed decisions. Market Size Estimation & Method Of Prediction

Estimation of historical data based on secondary and primary data.

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user. About Us: Global Info Research is a company that digs deep into Global industry information to Dodecanedioic Acid (DC12, DDDA) enterprises with market strategies and in-depth market development analysis reports. We provide market information consulting services in the Global region to Dodecanedioic Acid (DC12, DDDA) enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

[albus077]

Dodecanedioic Acid Market Business Opportunities 2023-2023

Research Nester published a report titled “Dodecanedioic Acid Market: Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global dodecanedioic acid market in terms of market segmentation by process, raw materials, purity, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global dodecanedioic acid market is anticipated to grow with a CAGR of ~6% during the forecast period, i.e. 2023-2033. The market is segmented by application into resin, powder coatings, adhesives, lubricants, and others. Out of these, the resin segment held the largest market share by 60% in the year 2022, owing to the growing popularity and demand for nylon from variety of end use industries such as automotive, paint, and construction.

The global dodecanedioic acid market is estimated to garner revenue of ~USD 1419 Million by the end of 2033, further the market generated revenue of ~USD 601 Million in the year 2022. The robust growth of manufacturing industry in developing economies is estimated to be one of the major factors driving the growth of dodecanedioic acid market. Further, the high utilization of dodecanedioic acid in the production of engineering plastics, coatings, lubricants, paints, corrosion inhibitors, adhesives, and surfactants, and favorable features such as heat stability, flexibility, and high scratch resistance in the automotive sector is projected to be accelerate the market growth. Also, the usage of the dodecanedioic acid in the manufacturing of cosmetics, coatings, lubricants, fragrances, tooth brushes, adhesives, lubricants, and pharmaceuticals among others, and growing demand for plastic resin, manufacturing resin, and paints and coatings is further expected to influence the market.

Geographically, the dodecanedioic acid market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific region held the largest market share of 38% in the year 2022, on the back of expansion of chemical industry, urbanization & industrialization, expansion in research and development expenditure, high disposable income and considerable growth in GDP.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Request Report Sample@ https://www.researchnester.com/sample-request-4328

Rapid Urbanization and Industrialization to Drive the Market Growth

Rapid industrialization and urbanization has increased the demand for adhesives, and lubricants, and production of heat resistant thermoplastics is anticipated to positively affect the dodecanedioic acid market. Furthermore, increase in demand for zero volatile organic compounds paints is expected to extend profitable opportunities to the market players in the forecast period of 2021 to 2028.

However, the strict government regulations coupled with the toxic in nature and harmful for human population along with the rising awareness about environmental protection is expected to operate as key restraint to the growth of the global grouting materials market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global dodecanedioic acid market which includes company profiling of Cathay Biotech Inc., Evonik Industries AG, Koch Industries, Inc., Santa Cruz Biotechnology, Inc., UBE Corporation, Zibo Guangcheng Chemical Co., Ltd, Merck Group, Chemceed, BASF, The Dow Chemical Company and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global dodecanedioic acid market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.  

[chemicalindustrytrends-blog]

Dodecanedioic Acid (DDDA) Market Is Expected To Reach USD 443.3 Million By 2022

Dodecanedioic Acid (DDDA) Market Is Expected To Reach USD 443.3 Million By 2022

Global Dodecanedioic Acid (DDDA) Market is expected to reach USD 443.3 million by 2022, according to a new study by Grand View Research, Inc. Increasing demand for nylon 6,12 from various end-use industries including polymers, detergents and coatings is expected to drive DDDA market growth over the forecast period. In addition, increasing paints & coatings production is likely to fuel DDDA…

[marshalljohn080-blog]

According to a new report by EMR, 'Mannitol Market Size, Share, Price Trends, Report and Forecast 2019-2024', the market is expected to grow at a CAGR of 4.6% between 2019-2024.

[globalrketresearchanalysis]

Dodecanedioic Acid Market Is Anticipated To Surpass $443.3 Million By 2022

Global Dodecanedioic Acid (DDDA) Market is expected to reach USD 443.3 million by 2022, according to a new study by Grand View Research, Inc. Increasing demand for nylon 6,12 from various end-use industries including polymers, detergents and coatings is expected to drive DDDA market growth over the forecast period. In addition, increasing paints & coatings production is likely to fuel DDDA demand. Development of new coating technologies for the industrial paints has contributed to the growth of DDDA on account of its ability to resist corrosion and provide durable flexible coatings.

Global DDDA market, by product, 2012 - 2022 (Kilo Tons)

Penetration of DDDA in resin applications was highest in 2014, as it is used as a key raw material for manufacturing nylon. Increasing consumption of nylon 6,12 in automotive, electrics & electronics and construction is likely to drive DDDA market production. Growth of these end-use industries is anticipated to subsequently impact market growth in resin applications over the forecast period.

Browse full research report on Dodecanedioic Acid Market: www.grandviewresearch.com/industry-analysis/dodecanedioic-acid-ddda-industry

Further key findings from the study suggest:

Asia Pacific was the largest market for DDDA accounting for over 35% of the global volume share in 2014 owing to the presence of a robust industrial base in the region. High potential for industrialization in the region is expected to drive demand for DDDA over the forecast period, making it a high growth market. Discovery of shale gas in the U.S. is expected to open new opportunities in lubricant applicatios in North America in the near future.

China was the largest producer and consumer of DDDA owing to the presence of a robust polymer and paint & coatings manufacturing base in the country. China accounted for over 25% of the global market volume in 2014 and is expected to maintain its lion’s share over the forecast period.

Global DDDA demand in adhesives was 3.3 kilo tons in 2014 and is expected to grow at a CAGR of over 5% from 2015 to 2022. Rising importance of high performance adhesives in industrial applications has resulted in growing demand for adhesives. Growth of major end use industries such as construction and automotive, mainly in countries such as China, India and Brazil is expected to drive the global adhesives and sealants market over the next six years.

Key players present in the global lignin market include Ube, Cathay Industrial Biotech, Verdezyne Inc., Evonik Industries AG, Invista and Santa Cruz Biotechnology Inc. the global industry is characterized by integration by numerous companies across various stages of the value chain. Verdezyne has established a bio-based DDDA plant in Malaysia and as per the company’s outlook, their plant can replace 30% of the global synthetic market.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/renewable-chemicals

Grand View Research has segmented the global DDDA market on the basis of application and region:

Global DDDA Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012–2022)

Resins

Powder coatings

Adhesives

Lubricants

Others

Global DDDA Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012–2022)

North America

U.S.

Europe

Germany

UK

Latin America

Asia Pacific

China

India

MEA

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-dodecanedioic-acid-market

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

[marketresearchandreports-blog]

Dodecanedioic Acid (DDDA) Market To Gain From Increasing Demand For Nylon 6,12 From Various End-Use Industries Including Polymers, Detergents And Coatings Till 2022

Dodecanedioic Acid (DDDA) Market To Gain From Increasing Demand For Nylon 6,12 From Various End-Use Industries Including Polymers, Detergents And Coatings Till 2022

Global Dodecanedioic Acid (DDDA) Market is expected to reach USD 443.3 million by 2022, according to a new study by Grand View Research, Inc. Increasing demand for nylon 6,12 from various end-use industries including polymers, detergents and coatings is expected to drive DDDA market growth over the forecast period. In addition, increasing paints & coatings production is likely to fuel DDDA…

[mayuryeole28-blog]

Get more information @ http://bit.ly/2unxtZN  

DDDA Market size was over USD 370 million in 2015 and shall witness gains at over 5.5% CAGR over the estimated timeframe.

[marketsndata]

[severepeanutperfection]

Dodecanedioic Acid Market Outlook | Global Growth Analysis and Forecast Report with Key Players – Beyo Chemcial Co. Ltd., Cathay Industrial Biotech Ltd., Evonik Industries AG

The market report envelopes an all-in information of the global Dodecanedioic Acid market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Dodecanedioic Acid market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Dodecanedioic Acid market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Dodecanedioic Acid market.

The Dodecanedioic Acid market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.

Ask the Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-164

The Dodecanedioic Acid market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Dodecanedioic Acid market.

Prominent players covered in the global Dodecanedioic Acid market contain

Beyo Chemcial Co. Ltd.

Cathay Industrial Biotech Ltd.

Evonik Industries AG

Invista

Sinopec Qingjiang Petrochemical Co. Ltd

US Biotech Company, Verdezyne Inc

Zibo Guangtong Chemical Co.Ltd

All the players running in the global Dodecanedioic Acid market are elaborated thoroughly in the Dodecanedioic Acid market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Dodecanedioic Acid market players.

Reports at discounted rates exclusively for new entrants!!! Offer end by midnight!!!

The Dodecanedioic Acid market analyses the following important regions:

North America

Latin America

Asia Pacific

Japan

Western Europe

Eastern  Europe

Middle East & Africa

The Dodecanedioic Acid market report answers the following queries:

Why consumers are highly inclined towards the consumption of segment in the Dodecanedioic Acid market?

What are the opportunities available for players operating in the global Dodecanedioic Acid market?

Which trends have the maximum impact on the growth of the global Dodecanedioic Acid market?

Why region leads the global Dodecanedioic Acid market?

What are the drivers and restraints affecting the market size of the global Dodecanedioic Acid market?

What the report encloses for the readers:

Critical insights of each segment, including volume growth outlook, and demand & supply pattern.

A to Z of each player – positives & negatives, current status, future developments – of the global Dodecanedioic Acid market.

Detailed information regarding the trends influencing the growth of the global Dodecanedioic Acid market.

In-depth assessment on the utilization of Dodecanedioic Acid in each end use industry.

Historical data and future growth outlook of the global Dodecanedioic Acid market.

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[josephscott2504]

The Dodecanedioic Acid (DDDA) industry is expected to develop due to its growing demand in the production of paints, adhesives, nylon 6, 12, and powder coatings. It is utilized as an important raw material for the production of nylon 6, 12. Nylon 6, 12 has an extensive variety of uses comprising fragrances, detergents, greases, adhesives, coatings, and polyesters.

Growing demand for dodecanedioic acid for the production of powder coatings and the paints due to its great efficiency combined with the development of the end-use manufacturing is estimated to motivate the market above the prediction period. The Dodecanedioic Acid (DDDA) market on the source of Type of Application could span Lubricants, Powder Coatings, Adhesives, Resins and Others. The subdivision of Resins held the biggest stake of the Dodecanedioic acid (DDDA) industry during the past year. Growing uses of nylon in screws, gears, and fabrics are the major business development projections for the application.

[rohit0024]

Covid-19 Impact on Dodecanedioic Acid Market Size to surge at 5.9% CAGR is expected to reach $678.4 Million in 2025

Covid-19 Impact on Dodecanedioic Acid Market Size to surge at 5.9% CAGR is expected to reach $678.4 Million in 2025

March 2021 | Report Format: Electronic (PDF) Dodecanedioic Acid Market Growth & Trends The global dodecanedioic acid market size is expected to reach USD 678.4 million by 2025, according to a new report by Grand View Research Inc., registering a 5.9% CAGR during the forecast period. Increasing use of dodecanedioic acid (DDDA) for the manufacturing of nylon and growing demand for nylon from the…

[avinashdell]

Impact of COVID-19 On Market: Dodecanedioic Acid Market Size, Share, Demand & Growth, 2020

“Asia Pacific led the dodecanedioic acid market over the past years and COVID-19 has slowed demand in key industrial centres. The major manufacturing countries such as Japan, India, and China, are faced with a high prospect of production delays. The limitation on labour movement are expected to contribute to reduced production this year.”

Dip Knowledge:

The global dodecanedioic acid markets…