USA: +1 347 690-0211 | UK: +44 2032 894158 | JAPAN: +81 50 5806 9039 | Translate : 

Global Dodecanedioic Acid (DDDA) Market Projected to Reach USD 30 Billion by 2026

15-Jun-2020 | Facts and Factors

Findings from Facts and Factors report “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 Forecasts, 2020–2026” states that the global Dodecanedioic Acid (DDDA) market in 2019 was approximately USD 17 billion. The market is expected to grow above a CAGR of 6% and is anticipated to reach over USD 30 billion by 2026.

Dodecanedioic acid, usually referred to as DDDA, is just a dicarboxylic acid used in electronics in top-grade substrates, disinfectants, paint products, surfactants, corrosion inhibitors and composites such as nylon 612; DDDA is used in the manufacturing of corrosion inhibitors widely used in water purification, chemistry, pulp & paper, and other industrial plants. DDDA can also be used in the manufacturing of material composites. Powder composites have a range of advantages over traditional materials, such as improved corrosion resistance, discoloration and scratching, high-quality finishes, chemical, high temperature, and tolerance to moisture. Therefore, dust composites are solvent-free which leads to zero emissions of volatile organic compounds (VOC). This in effect makes the content temperature prone. DDDA's primary applications are polyesters, particularly polyamides, and resins with thermoplastics. For patients with type 2 diabetes, IV DDDA infusion has shown that it helps maintain healthy levels of sugar without impacting the energy levels or increasing blood glucose in the body. It can also be used as a component of heat transfer solutions and oxidation proof materials.

Request Sample Request Customization Buy Now

Browse the full “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 Forecasts, 2020–2026"

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.

Based on application, resin segment represented 62% of the global demand for dodecanedioic acid and is expected to lead the industry by 2026 at a CAGR of 6.0%. Rise of this segment is attributable to the growing demand of nylon from numerous end-use industry, especially the automotive industry. Increasing demand from paint industry is also expected to boost demand for the drug.

Asia Pacific has been the main market for dodecanedioic acid, contributing  more than a third of the global demand in volume over the past few years. Growing industrial activities in Asia-Pacific are expected to fuel DDDA demand over the forecast period

Top key players operating in the market are 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.

This report segments the Dodecanedioic Acid (DDDA) market as follows:

Global Dodecanedioic Acid (DDDA) Market: By Application Segmentation Analysis

  • Powder coatings
  • Adhesives
  • Resins
  • Others

Global Dodecanedioic Acid (DDDA) Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • 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

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors

Global Headquarters

Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal - 200120, China
Tel: +86 21 80360450



Latest Market Research Reports

report img

Ankle Splints Market Report 2021 – 2026

Facts Factors recently published a report on Global Ankle Splints Market which encompasses all the qualitative and quantitative market details. In this study, the market witnessed a market value of USD 2,050 Million in 2020 and ...

Published Date : 08-Dec-2021 | | Category : Healthcare | Pages : 177 | Format : Read more

Inquiry for Buying Request Sample
report img

Bio-Based Materials Market Report 2021 – 2026

Facts Factors published a report on Global Bio-Based Materials Market that encompasses all the quantitative as well as qualitative market analysis. In this study, the market witnessed a market value of USD 14 Billion in 2020 an ...

Published Date : 08-Dec-2021 | | Category : Chemical & Materials | Pages : 171 | Format : Read more

Inquiry for Buying Request Sample

Why FnF Market Research?

1 Inflallible Methodology

to ensure high-level data integrity, accurate analysis, and impeccable forecasts

2 Analyst Support

for complete satisfaction

3 Customization

on-demand customization of scope of the report to exactly meet your needs

4 Targeted Market View

Targeted market view to provide pertinent information and save time of readers

5 Agile Approach

A faster and efficient way to cater to the needs with continuous iteration