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Dodecanedioic Acid (DDDA) Market Overview, Industry Top Manufactures, Size, Growth Analysis & Forecast: 2023

Aug 22, 2018 9:17 AM ET

Market Study Report adds global Dodecanedioic Acid (DDDA) market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

Dodecanedioic Acid (DDDA) Market size is set to exceed USD 590 million by 2023 according to a new research report.

Increasing product demand in high-performance nylon production is considered to be the major factor propelling the global DDDA market size by 2023. In 2015, the global nylon production stood at approximately four million tons and is projected to reach six million tons by 2023. Nylon 6, 12 demand has been witnessing growth owing to the expanding paints and coatings industry will boost industry growth over the estimated period. This specialty nylon is extensively used in thermoplastic manufacturing, which finds a broad application range in polyesters, fragrances, adhesives, grease, and detergents. The above-mentioned products have a massive demand from major application areas and will subsequently drive the industry.

Growing infrastructure spending is likely to propel the global DDDA market size over the projected timeframe. Escalating construction business will significantly increase the demand for paint & coating applications. It offers the required solubility characteristics with acetone, benzene, and water, which makes it desirable for paints & coatings.

Booming automotive sector due to the increasing spending dynamics will positively influence the global industry revenue. Automotive essentially require paints & coatings to protect the vehicle part against corrosion along with improving the physical appearance. In 2015, the overall automotive production was close to 90 million units and is projected to upsurge over the estimated period owing to the boost the DDDA market size by 2023.

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The overall DDDA market share for powder coatings shall witness the maximum gains at over 6% CAGR by 2023. Cumulating demand for paints and coatings across the automotive and construction industry will positively impact demand. The product usage in paint & coatings offers higher corrosion resistance, resistance & protection against chemicals, and superior finish.

In 2015, North America industry revenue was more than USD 100 million, primarily on account of demand from the U.S. The enormous automotive customer base in the country along with rising renovation practices in the region will positively influence the regional growth in the coming years. In 2015, Asia Pacific formed the largest chunk in the DDDA market size and shall observe maximum growth at over 6% over the projected period. Increasing construction spending in India and China accompanied with growing regional automotive industry will propel growth.

In 2015, the global DDDA market size was highly consolidated with four major industry players, contributing approximately 50% of the global share. Key companies in the global DDDA market share are UBE, Verdezyne, Cathay, BASF SE, Invista, Santa Cruz Biotechnology, Zibo Guangtong Chemical, and Evonik.

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Table of Content:

Chapter 1    Research Methodology

1.1     Research Methodology

1.1.1    Initial data exploration

1.1.2    Statistical modeling and forecast

1.1.3    Industry insights and validation

1.2   Data Sources

Chapter 2    Executive Summary

2.1    DDDA industry 360 degree synopsis, 2013 – 2023

2.1.1    Business trends

2.1.2    Application trends

2.1.3    Regional trends

Chapter 3    DDDA Industry Insights

3.1   Industry segmentation

3.2   Industry Size and forecast, 2012-2023

3.3   Industry ecosystem analysis

3.3.1  Vendor matrix

3.4   Raw material insights

3.4.1    Cyclododecane

3.4.2    Dodecyl alcohol

3.4.3    1,3 butadiene

3.4.4    Hydrogen peroxide

3.5   Regulatory/legislative landscape

3.6   Technology & innovation landscape

3.6.1    Petroleum route

3.6.2    Bio-based route

3.6.2.1    Biobased feedstock

3.6.2.2    DDDA fermentation from biobased feedstock

3.6.2.3    Conventional process & technology innovation

3.   Verdezyne technology

3.   Industry Impact forces

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