openPR Logo
Press release

Octadecanedioic Acid Market Size Application Development Potential, Competitive Market Share & Forecast, 2016 – 2024.

Octadecanedioic Acid Market Size Application Development

Global Octadecanedioic Acid Market size by 2024 is expected to substantially rise. The market is expected to grow at a steady and moderate CAGR from the year 2016 to 2024. End user products and high value intermediaries derived by using renewable chemicals in high demand is likely to support the octadecanedioic acid market growth over the impending years.

Conventionally, dicarboxylic or dibasic acids were formed through multistep butadiene oxidation which is a chemical reaction. Raw material used in the reaction are petrochemical. To reduce the reliance on petrochemical feedstock, initiatives are taken which in turn led to the development of methods.

Detailed table of contents of this research report@ https://www.gminsights.com/request-toc/upcoming/1262

Disparities in demand and supply caused due to instable prices of the petrochemical products have provoked a shift in the direction of bio-based chemicals. Strict environmental policies in the automotive and industrial sector have played a vital role in the bio-based products development. Growing demand for polyester foams, elastomers and paints in several automotive and industrial applications are the primary factors persuading the global octadecanedioic acid market.

Growing demand in octadecanedioic acid market from organic personal care products, detergents and soaps is projected to enhance the current market growth over the forecasted period. Emerging giant economies such as Japan, South Korea, China and India are scheduled to arise as the crucial end-users’ market. Increasing application opportunity in plastics and personal care is likely to enhance the product demand over the estimated period of time.

Through this microbial fermentation, production of C18 Dibasic on a commercial scale is expected to facilitate due to additional investments and expansions in the biotechnological field. In the use of biotechnological processes, vegetable oil is used as a raw material.

Inquire about to purchase this research report@ https://www.gminsights.com/inquiry-before-buying/1262

The basic element for preparation of a compound used in pharmaceutical and personal care is the C18 dicarboxylic acid. The cosmetic application section is projected to grow at a desirable and significant CAGR in the years from 2016 to 2024. Growing cognizance of natural skin-care constituents with properties of anti- aging is likely to increase the demand of octadecanedioic acid market over the next decade.

Asia Pacific is expected to grow at a significant CAGR in the forecasted years from 2016 to 2024. The Asia Pacific region is categorized by more polyester polyols use in the construction and automotive industry. Hence Asia Pacific is expected to gain a prominent percentage share by the end of the forecast period. Growing number of infrastructure projects in Japan, China and India is likely to boost demand of octadecanedioic acid market.

Some of the major companies in octadecanedioic acid market include the Nanjing Chemlin Chemical Industrial Co., BASF SE, TCI America, Cathay Industrial Biotech Ltd., Croda International Plc., and Elevance Renewable Sciences Inc.

Browse complete summary of this report @ https://www.gminsights.com/industry-analysis/octadecanedioic-acid-odda-market

The octadecanedioic acid market is expected to improve and grow at a stable rate. Manufacturers are in the hunt for developing processes for efficient production and a sturdy distribution network to commercialize the application of octadecanedioic acid. Renewable content and outstanding product properties allows the manufacturers to impose a premium for the product.

About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Octadecanedioic Acid Market Size Application Development Potential, Competitive Market Share & Forecast, 2016 – 2024. here

News-ID: 501861 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for Octadecanedioic

Global Octadecanedioic Acid Market Overview Report by 2020-2025
Scope of the Report: The global Octadecanedioic Acid market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 1.7%% in the forecast period of 2020 to 2025 and will expected to reach USD 4265.9 million by 2025, from USD 3982 million in 2019. Market segmentation Octadecanedioic Acid market is split by Type and by Application. For the period 2015-2025, the growth among segments
Octadecanedioic Acid Market Growth Analysis By Top Major Players 2025 | TMR
Octadecanedioic acid is a long chain dicarboxylic acid which contains two carbon components. It is also called C18 diacid. Dicarboxylic acid is formed by the traditional method of butadiene oxidation. The primary raw material used in this process consists of petrochemicals. The volatile prices of petrochemical products coupled with the imbalance in the supply demand of petrochemicals raw materials has led to the shift toward biotechnology-based chemicals. The initiative to
Octadecanedioic Acid Market 2018: Emerging Trends, Highlights and Challenges For …
Octadecanedioic Acid Market delivers complete analysis of market challenges, market drivers, opportunities, potential application. The Octadecanedioic Acid Market research report delivers developing market trends, raw materials analysis, manufacturing process, regional outlook and comprehensive analysis of different market segments. Browse Detailed TOC, Tables, Figures, Charts and Companies Mentioned in Octadecanedioic Acid Market at- https://www.absolutereports.com/12915809 Octadecanedioic acid is a long chain dicarboxylic acid which contains two carbon components. It is also called C18 diacid.
Global Octadecanedioic Acid Market Size, Share - Industry Trend and Forecast 201 …
Latest industry research report on: Global Octadecanedioic Acid Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. Octadecanedioic acid (ODDA) comes under the group of long-chain dicarboxylic acids. ODDA is an 18-carbon diacid containing two carboxylic acid groups at both ends of the linear hydrocarbon. ODDA is majorly produced in two ways: Microbial fermentation process and metathesis of natural oils. Natural oils used in the production
Global Octadecanedioic Acid Market 2018 - BASF, Croda, Cathay Industrial Biotech
The statistical surveying information incorporated into the Octadecanedioic Acid report is the aftereffect of significant essential and optional research exercises. The report fragments the worldwide market for Octadecanedioic Acid based on makers, item compose, applications, and Region. In this report, each fragment is contemplated completely and measurements are introduced in detail. The report offers an exact outline of the worldwide Octadecanedioic Acid advertise covering key factors, for example, drivers and
Octadecanedioic Acid Market Key Players, Size, Share, Demand and Research Report …
Octadecanedioic acid is a long chain dicarboxylic acid which contains two carbon components. It is also called C18 diacid. Dicarboxylic acid is formed by the traditional method of butadiene oxidation. The primary raw material used in this process consists of petrochemicals. The volatile prices of petrochemical products coupled with the imbalance in the supply demand of petrochemicals raw materials has led to the shift toward biotechnology-based chemicals. The initiative to