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Global Dodecanedioic Acid Market: By Application: Resins, Powder Coatings, Adhesives, Lubricants, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Price Analysis; Regional Price Analysis; Competitive Landscape; Industry Events and Developments
Global Dodecanedioic Acid Market Outlook
The global dodecanedioic acid market demand was estimated to be at 70.5-kilo tons in 2020 and is anticipated to grow over the 2023-2028 forecast period at a CAGR of 5.8%.
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The product finds extensive use in the manufacture of paints, construction materials, corrosion inhibitors, adhesives, lubricants, coatings, and surfactants. Further, the dodecanedioic acid market is driven by the emergence of a strong manufacturing base in emerging economies.
Market Segmentation
Dodecanedioic acid is an alpha, omega-dicarboxylic acid, dodecane, which oxidizes the methyl groups to the corresponding carboxylic acids. It comes from a dodecane hydride.
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The dodecanedioic acid market can be divided based on application into:
- Resins
- Powder Coatings
- Adhesives
- Lubricants
- Others
The EMR report looks into the regional dodecanedioic acid markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
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Market Analysis
The rapid industrialisation is expected to increase the need for lubricants, adhesives, and nylons in emerging economies. The rising demand for paints and coatings is expected to stimulate the need for DDDA, especially in powder coatings. Improving construction activities around the globe often impact the consumer demand at the same time. Increased demand for nylon from emerging economies like China and India can be attributed to the need for the product’s advantageous features such as durability, heat tolerance, and high scratch resistance in the automotive industry. It is expected that the increasing demand for bio-adhesives will bring lucrative opportunities for bio-dodecanedioic acid in the future. Renewable feedstock has provided DDDA producers with incentives for cost reduction and expanded penetration in heavily regulated markets such as North America and Europe. The growing use of nylon in the production of high-performance thermoplastics is a rising trend in the dodecanedioic acid market due to its heating capabilities.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global dodecanedioic acid market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Koch Industries, Inc.
- BASF SE (OTCMKTS: BASFY)
- Ube Industries, Ltd.
- Zibo Guangtong Chemical Co., Ltd.
- Evonik Industries AG
- Cathay Industrial Biotech Ltd.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region |
| Breakup by Application | Resins, Powder Coatings, Adhesives, Lubricants, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Koch Industries, Inc., BASF SE (ETR: BAS), Ube Industries, Ltd. (TYO: 4208), Zibo Guangtong Chemical Co., Ltd., Evonik Industries AG (ETR: EVK), Cathay Industrial Biotech Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Dodecanedioic Acid Market Analysis
8.1 Key Industry Highlights
8.2 Global Dodecanedioic Acid Historical Market (2018-2022)
8.3 Global Dodecanedioic Acid Market Forecast (2023-2028)
8.4 Global Dodecanedioic Acid Market by Application
8.4.1 Resins
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Powder Coatings
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Adhesives
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Lubricants
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Dodecanedioic Acid Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Price Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Koch Industries, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 BASF SE
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Ube Industries, Ltd.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Zibo Guangtong Chemical Co., Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Evonik Industries AG
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Cathay Industrial Biotech Ltd.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Dodecanedioic Acid: Key Industry Highlights, 2018 and 2028
2. Global Dodecanedioic Acid Historical Market: Breakup by Application Channel (USD Million), 2018-2022
3. Global Dodecanedioic Acid Market Forecast: Breakup by Application Channel (USD Million), 2023-2028
4. Global Dodecanedioic Acid Historical Market: Breakup by Region (USD Million), 2018-2022
5. Global Dodecanedioic Acid Market Forecast: Breakup by Region (USD Million), 2023-2028
6. North America Dodecanedioic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
7. North America Dodecanedioic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
8. Europe Dodecanedioic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
9. Europe Dodecanedioic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Asia Pacific Dodecanedioic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
11. Asia Pacific Dodecanedioic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Latin America Dodecanedioic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
13. Latin America Dodecanedioic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Middle East and Africa Dodecanedioic Acid Historical Market: Breakup by Country (USD Million), 2018-2022
15. Middle East and Africa Dodecanedioic Acid Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Global Dodecanedioic Acid Market Structure
Key Questions Answered in the Report
In 2020, the global dodecanedioic acid market attained a value of nearly 70.5-kilo tons.
The market is projected to grow at a CAGR of 5.8% between 2023 and 2028.
The major drivers of the market include rapid industrialisation, improving construction activities, increased demand for nylon, increasing demand for bio-adhesives, and expanded penetration in heavily regulated markets.
Extensive use in the manufacture of paints, corrosion inhibitors, adhesives, and the emergence of a strong manufacturing base in emerging economies are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Dodecanedioic acid find their major application in resins, powder coatings, adhesives, and lubricants, among others.
The major players in the industry are Koch Industries, Inc., BASF SE, Ube Industries, Ltd., Zibo Guangtong Chemical Co., Ltd., Evonik Industries AG, and Cathay Industrial Biotech Ltd., among others.
Analyst Review
The global dodecanedioic acid market attained a value of nearly 70.5-kilo tons in 2020, driven by the extensive use in the manufacture of paints, construction materials, corrosion inhibitors, and adhesives. Aided by rapid industrialisation and increased demand for nylon, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 5.8%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Dodecanedioic acid find their major application in resins, powder coatings, adhesives, and lubricants, among others. The major regional markets for dodecanedioic acid market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Koch Industries, Inc., BASF SE, Ube Industries, Ltd., Zibo Guangtong Chemical Co., Ltd., Evonik Industries AG, and Cathay Industrial Biotech Ltd., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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