Press release
With 6.8% CAGR, Dodecanedioic Acid (DDDA) Market Size Worth USD 1.27 Billion by 2028 - Comprehensive Research Report by Facts & Factors
Dodecanedioic Acid (DDDA) Market
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Some of the main competitors dominating the global dodecanedioic acid (DDDA) market are
UBE INDUSTRIES
LTD
Toronto Research Chemicals
Shandong Guangtong New Materials Co., Ltd.
Zibo Guangtong Chemical Co., Ltd.
Santa Cruz Biotechnology, Inc.
shijiazhuang yihe-chem co.,ltd
Evergreensino Chemical Co., Ltd.
Palmary Chemical
Shijiazhuang Dongao Chemical Technology Co., Ltd, Haihang Industry
Tokyo Chemical Industry Co., Ltd
Evonik Industries AG
ZHEJIANG BOADGE CHEMICAL CO., LTD., and Cathay Biotech Inc.
Dodecanedioic acid is a dicarboxylic acid (DDDA). DDDA is a white solid with a little odor. Its point of formation is 128 degrees Celsius, while its point of boiling is 250 degrees Celsius. DDDA is utilized in a variety of applications, including surfactants, corrosion inhibitors, paints, and various medical purposes. It is used in a variety of applications, such as adhesives, condensers, and diluents. It can be used as an ingredient in thermal transfer for liquid and corrosion-resistant coatings. DDDA is also used in powder coatings for curing and stability.
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Despite its numerous applications, DDDA is mostly employed in polyesters, particularly polyamides and epoxy resins. Butadiene is used in a chemical procedure to create DDDA. Because of the lower vapor pressure, there are no health risks associated with DDDA inhalation.
The rising industrialization of growing economies is estimated to increase the demand for adhesives, nylons, and lubricants. The increased need for paints & coatings is predicted to increase the demand for DDDA, particularly in powder coatings. Improving building operations all over the world frequently has an impact on consumer consumption at the same time.
The growth of the market for nylon in growing economies such as India and China can be connected to the automobile industry's need for the product's positive properties such as endurance, heat tolerance, and excellent scratch resistance. The growing need for bio-adhesives will almost certainly result in considerable advantages for bio-dodecanedioic acid ahead.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/dodecanedioic-acid-ddda-market
Renewable feedstock has provided incentives for DDDA makers to lower costs and expand market presence in highly regulated places like Europe and North America. Because of its heating abilities, the growing use of nylon in the production of high-thermoplastic substances represents a significant increase in the demand for dodecanedioic acid. Environmental restrictions, on the other hand, drive and govern the global dodecanedioic acid (DDDA) market size in terms of VOC emissions. Over the forecasted period, this could hinder total corporate expansion. Furthermore, adipic acid and sebacic acid, both of which can be used to make nylon, pose major substitution threats to the product.
The global dodecanedioic acid (DDDA) market is segregated on the basis of application and region. By applications, the market is divided into adhesives, powder coatings, resins, lubricants, and others. The resins category held the biggest market share in the global market for dodecanedioic acid and is likely to lead the market at a considerable CAGR during the forecast period. Nylon demand from a variety of end-use industries, especially the auto sector, is predicted to increase in this segment of implementation.
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Recent Developments
April 2021: 3M unveiled a novel silicone adhesive to enhance medical equipment for people with sensitive skin. The introduction of the new product has assisted the corporation in expanding its adhesives line.
April 2019: 3M introduced elongated surgical transfer adhesives as part of an expansion of their medical device adhesive line. The introduction has aided the company in increasing its market footprint.
The global dodecanedioic acid (DDDA) market is segmented as follows:
By Applications
Adhesives
Powder Coatings
Resins
Lubricants
Others
๐๐๐๐ ๐๐ฎ๐ฒ๐ง๐จ๐ฐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/dodecanedioic-acid-ddda-market
By Region
North America
The U.S.
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Reunion
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Southeast Asia
The Middle East & Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
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