Dodecanedioic Acid Trends and Forecast
The future of the global dodecanedioic acid market looks promising with opportunities in the resin, powder coating, adhesive, and lubricant markets. The global dodecanedioic acid market is expected to reach an estimated $526.7 million by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are developing economies having a strong manufacturing base, increase in paint and coatings demand, particularly for powder coatings, along with the growing the amount of money that nylon manufacturers spend on R&D to create innovative products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Dodecanedioic Acid by Segment
The study includes a forecast for the global dodecanedioic acid by production process, application, and region.
Dodecanedioic Acid Market by Production Process [Shipment Analysis by Value from 2018 to 2030]:
• Synthetic Production
• Biotech Production Dosage Technique
Dodecanedioic Acid Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Resins
• Powder Coating
• Adhesives
• Lubricants
• Others
Dodecanedioic Acid Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Dodecanedioic Acid Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies dodecanedioic acid companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the dodecanedioic acid companies profiled in this report include-
• Invista
• Verdezyne
• BASF
• Cathay Industrial Biotech
• Ube Industries
• Santa Cruz Biotechnology
• Cathay
• Evonik
• UBE
• Thermo Fisher
Dodecanedioic Acid Market Insights
Lucintel forecasts that synthetic production will remain the larger segment over the forecast period due to the growth in demand for dodecanedioic acid produced synthetically for use in nylon, industrial plastic, and paints.
Within this market, resins will remain the largest segment due to the rise in demand for nylon across a number of end markets, especially automotive.
APAC will remain the largest region over the forecast period due to encouraging laws to draw in more capital and boost domestic consumption in nations like China, Malaysia, and Japan.
Features of the Global Dodecanedioic Acid Market
Market Size Estimates: Dodecanedioic acid market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Dodecanedioic acid market size by production process, application, and region in terms of value ($M).
Regional Analysis: Dodecanedioic acid market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different production process, application, and regions for the dodecanedioic acid market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the dodecanedioic acid market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the dodecanedioic acid market size?
Answer: The global dodecanedioic acid market is expected to reach an estimated $526.7.0 million by 2030.
Q2. What is the growth forecast for dodecanedioic acid market?
Answer: The global dodecanedioic acid market is expected to grow with a CAGR of 4.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the dodecanedioic acid market?
Answer: The major drivers for this market are developing economies having a strong manufacturing base, increase in paint and coatings demand, particularly for powder coatings, along with the growing the amount of money that nylon manufacturers spend on R&D to create innovative products.
Q4. What are the major segments for dodecanedioic acid market?
Answer: The future of the global dodecanedioic acid market looks promising with opportunities in the resin, powder coating, adhesive, and lubricant markets.
Q5. Who are the key dodecanedioic acid market companies?
Answer: Some of the key dodecanedioic acid companies are as follows:
• Invista
• Verdezyne
• Basf
• Cathay Industrial Biotech
• Ube Industries
• Santa Cruz Biotechnology
• Cathay
• Evonik
• Ube
• Thermo Fisher
Q6. Which dodecanedioic acid market segment will be the largest in future?
Answer: Lucintel forecasts that synthetic production will remain the larger segment over the forecast period due to the growth in demand for dodecanedioic acid produced synthetically for use in nylon, industrial plastic, and paints.
Q7. In dodecanedioic acid market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to encouraging laws to draw in more capital and boost domestic consumption in nations like China, Malaysia, and Japan.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the dodecanedioic acid market by production process (synthetic production and biotech production dosage technique), application (resins, powder coating, adhesives, lubricants, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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