Global 1, 5, 9-Cyclododecatriene Market Projected to Reach USD 700.00 Million by 2026

19-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “1, 5, 9-Cyclododecatriene Market By Application (Resin, Adhesives, Powder Coatings & Dyes, Lubricants, Synthetic Fiber, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global 1, 5, 9-Cyclododecatriene market in 2019 was approximately USD 400.00 million. The market is expected to grow at a CAGR of around 5.0% and is anticipated to reach around USD 700.00 million by 2026.

Cyclododecatriene is cyclic trienes with the formula C12H18. There are four isomers that are acknowledged for 1,5,9-cyclododecatriene. Cyclododecatriene is cyclic trienes with the formula C12H18. 1, 5, 9-Cyclododecatriene (CAS - 4904-61-4) is also used in controlling friction and wear of the surfaces in a contact of the bodies in relative motion. 1,5,9-cyclododecatriene seems as a colorless fluid. It is poisonous by skin engagement and digestion and irritating to eyes and skin. 1,5,9-cyclododecatriene used to form other chemicals. Coating of a powder is a dry finishing procedure that has become tremendously famous since its starter in North America over in the 1960s.

Browse the full “1, 5, 9-Cyclododecatriene Market By Application (Resin, Adhesives, Powder Coatings & Dyes, Lubricants, Synthetic Fiber, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/1-5-9-cyclododecatriene-market-by-application-resin-809

The increasing investments in coating, lubricants, and several polymer industries lines across the world are one of the most key factors fueling the growth of the global 1, 5, 9-Cyclododecatriene market. The global 1, 5, 9-Cyclododecatriene market is expected to grow owing to the in-demand by increasing customers and an extensive focus on research and development by key players. Rising demand from automotive, paint & coating industry application is anticipated to witness significant growth in the global 1, 5, 9-Cyclododecatriene market within the forecast period.

Stringent government policies for 1, 5, 9-Cyclododecatriene in different nations may hamper the market’s growth. Research and development, innovations activities in the technology of the 1, 5, 9-Cyclododecatriene and increased investment in textile, and chemical industries are anticipated to open new avenues for the 1, 5, 9-Cyclododecatriene market in the near future.   

On the basis of application, the global 1, 5, 9-Cyclododecatriene market is categorized into the resin, adhesives, powder coatings & dyes, lubricants, synthetic fiber, and others. Among the aforementioned segment, the synthetic fiber segment was accounted for around25.0% revenue share in 2019. 1,5,9-cyclododecatriene formed by the procedure of this discovery is beneficial not only as raw materials for various useful organic compounds but also as an intermediate product for nylon. Thus,1, 5, 9-Cyclododecatrienes are broadly utilized by adhesives and synthetic fibers. The growth in the textile and chemical industry in the past few years has increased the demand for 1, 5, 9-Cyclododecatrienes in the synthetic fiber sector. The desire for high-quality coating for automotive parts is driving the growth of the global1, 5, 9-Cyclododecatrienes market.

On the basis of region the 1, 5, 9-Cyclododecatrienemarket is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2019, the Asia Pacific region dominates the 1, 5, 9-Cyclododecatrienemarket among all the regions followed by North America in terms of value. In North America, The new market strategic partnerships and product inventiveness are expected to continue during the forecast period, back to high demand of 1, 5, 9-Cyclododecatriene market in the region. Huge demand is from emerging countries because of the availability of skillful labor and developing companies that deal with a huge amount of data. 

Report Scope

Some of the key players operating in the market include

Evonik Industries AG, BASF SE, Arkema S.A., Albemarle Corporation, Jiangsu Victory Chemical Co., Ltd., Nanjing Lepushi Chemical Co., Ltd., GFS Chemicals, and Henan Clife Chemical Co., LTD. among others.

This report segments the global 1, 5, 9-Cyclododecatrienemarket as follows:

By Application Analysis

• Resin
• Adhesives
• Powder Coatings & Dyes
• Lubricants
• Synthetic Fiber
• Others

By Regional Analysis

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-East Asia
  • Rest of Asia pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

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