Dodecanedioic acid is a chemical substance produced from butadiene by a chemical process. A new way of producing Dodecanedioic acid by using yeast is coming into use, making it a cost advantage method. At room temperature Dodecanedioic acid is solid with a slight odor. It is used in the manufacture of other chemicals like polyesters. The chemical has no consumer uses. It is used in the manufacturing of tooth brushes, cosmetics, adhesives, coatings, paints, lubricants, automotive parts, fragrances, pharmaceuticals, fuel line tubing, etc. The chemical also has laboratory use.
It has a wide variety of applications - High performance polyamides, Polyester coatings, Diester synthetic lubricants, Adhesives, Corrosion inhibitors, Fibers, Powder coating curative, Plasticizers and Epoxy resin.
Driving factor for Dodecanedioic acid market has been polyamide market. Dodecanedioic acid is used in the manufacturing Polyamide 6,12 which is indeed used in manufacturing nylon products. Globally, paints and cosmetics industry is growing rapidly, attributing to the growth of Dodecanedioic acid market. A constraining factor the chemical has is it causes eye irritation.
This report provides information on Dodecanedioic acid market size for the year 2014-2016, and forecast of the same for year 2021. It also focuses on market drivers, challenges, restraints, market dynamics, growth indicators, competitive landscape, potential growth opportunities and other key aspects with respect to Dodecanedioic acid market.
United States of America, Europe and APAC regions have major demand for Dodecanedioic acid. The market for nylon products, cosmetics, fragrances and pharmaceuticals is growing globally. Hence, there is a broader scope for increasing demand for Dodecanedioic acid. Growth in automobile industry is also a major driving factor for Dodecanedioic acid market.
Dodecanedioic acid usage in adhesives, coatings, paints, lubricants, fuel line tubing etc. is also an encouraging factor for the market.
This report identifies Dodecanedioic acid market on the basis of type, application and regional market:
- Based on type of final products (polyamides and other chemicals)
- Based on its application in various industries
- This report is further segmented based on potential markets for Dodecanedioic acid. A detailed analysis by region – North America, Europe, Asia Pacific (APAC) and Rest of the World (RoW), has been provided in this report.
Sample Companies profiled in this report are:
- Cathay industrial biotech
- Veredezyne, Inc
- Sinopec Qingjiang petrochemical Co., Ltd
- Zybo Guangtong Chemical Co., Ltd