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Dodecanedioic Acid (DDDA) Market By Application (Powder coatings, Adhesives, Resins, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Covid-19

Global Dodecanedioic Acid (DDDA) Market Size, Share

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Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Dodecanedioic Acid (DDDA) industry. The report analyzes and declares the historical and current trends analysis of the Dodecanedioic Acid (DDDA) industry and subsequently recommends the projected trends anticipated to be observed in the Dodecanedioic Acid (DDDA) market during the upcoming years.

The Dodecanedioic Acid (DDDA) market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Dodecanedioic Acid (DDDA) market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Dodecanedioic Acid (DDDA) industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Dodecanedioic Acid (DDDA) industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Dodecanedioic Acid (DDDA) market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Dodecanedioic Acid (DDDA) industry. The Dodecanedioic Acid (DDDA) market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Dodecanedioic Acid (DDDA) sector. Key strategic developments in the Dodecanedioic Acid (DDDA) market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Dodecanedioic Acid (DDDA) market are appropriately highlighted in the report.

The Dodecanedioic Acid (DDDA) market research report delivers an acute valuation and taxonomy of the Dodecanedioic Acid (DDDA) industry by practically splitting the market on the basis of different types, category and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Dodecanedioic Acid (DDDA) industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Dodecanedioic Acid (DDDA) industry is provided for the leading economies of the world.

Due to increased use in nylon 612, powder composites, resins, and paints production, the demand for DDDA is expected to increase. Nylon 612 is used in a wide variety of applications including coatings, polyester, detergents, grease, fragrances, and resins. Nylon 612 is also used in the production of thermally resistant thermoplastics because of its thermal-resistance properties. Rising demand for paint with zero polycyclic aromatic hydrocarbons further increased the worldwide dodecanedioic acid industry. Resin became the largest commodity segment, accounting for the amount of about two-thirds of the industry in the last year. Environmental concerns surrounding dodecanedioic acid production would act as market restraint. The perceived limitation is expected to be annulled through the production of bio-based DDDA. It is also projected that in the coming years about 30 per cent of the petrochemical product market will replace bio-based DDDA. Powder composites are expected to be market segment with the fastest-growing use over the forecast period.

The Dodecanedioic Acid (DDDA) market is segmented based on application and region. On the basis of Application segmentation, the market is classified into Powder coatings, Adhesives, Resins, and others.

Some of the essential players operating in the Evonik Industries Evonik Industries AG, Beyo Chemical Co. Ltd., Cathay Industrial Biotech Ltd., Sinopec Qingjiang Petrochemical Co. Ltd., INVISTA, Zibo Guangtong Chemical Co. Ltd., Verdezyne Inc., and Others.

logoThe taxonomy of the Dodecanedioic Acid (DDDA) industry by its scope and segmentation is as follows:

logo By Application Segmentation Analysis

  • Powder coatings
  • Adhesives
  • Resins
  • Others

logo Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Covid-19

Dodecanedioic Acid (DDDA) Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

logoKey Insights from Primary Research

  • According to the primary CXO’s of the global Dodecanedioic Acid (DDDA) market, the market is estimated to witness a substantial growth of nearly 6% over the forecast period.
  • The market was valued at USD 17 billion, in 2019 and is expected to be valued over USD 30 billion.
  • On the basis of the type segment, Resins dominated the global Dodecanedioic Acid (DDDA) market in 2019. In terms of revenue, it accounted for more than a 62% share of the total market in 2019.
  • Asia Pacific market is expected to be the fastest goring region for Dodecanedioic Acid (DDDA) over the forecast period owing to growing investments for R&D and chemical industry in the region.
  • By geography, the North America region headed the market with a share of above 31%, in 2019.

logoKey Recommendations from Analysts

  • Higher prevalence of composite materials, technological advances, high unmet nylon needs and government initiatives are major factors that are expected to drive the development if this market in the near future.
  • The strategic developments such as regional expansion, product innovations and on-going research and developments by the major companies such as Evonik Industries AG, Beyo Chemical Co. Ltd., Cathay Industrial Biotech Ltd., etc. is likely to boom the market’s growth over the up-coming years.
  • Our analysts recommend that the Asia Pacific region is predicted to witness a significant growth attributed to the growing demand for Dodecanedioic Acid (DDDA) from China and India.
  • Expansion of pharmaceuticals companies especially in emerging market is antipicated to fuel the demand for Dodecanedioic Acid (DDDA) in the developing regions over the forthcoming years.
  • Strengthening the distribution channel and growing availability of bipolar disorder drugs online may also help the major player to cater the lucrative growth of the market over the years to come.

logoMarket Share Analysis by Region

Covid-19

Dodecanedioic Acid (DDDA) Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Evonik Industries Evonik Industries AG
  • Beyo Chemical Co. Ltd.
  • Cathay Industrial Biotech Ltd.
  • Sinopec Qingjiang Petrochemical Co. Ltd.
  • INVISTA
  • Zibo Guangtong Chemical Co. Ltd.
  • Verdezyne Inc.
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