Press release
Global Octadecanedioic Acid Market Size, Share - Industry Trend and Forecast 2017-2021
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 of ODDA include animal fats and vegetable oils. ODDA is an intermediate chemical used in the manufacturing of polymers such as polyester polyols, polyurethanes, polycarbonates, and also, lubricant oils, powder coatings, and epoxies.
Technavios analysts forecast the global octadecanedioic acid market to grow at a CAGR of 4.04% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global octadecanedioic acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Octadecanedioic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Caming Pharmaceutical
Croda International
Elevance Renewable Sciences
HIMOUNT EUROPE
LGC
TCI AMERICA
Other prominent vendors
Nanjing Chemlin Chemical Industry Co.
Toronto Research Chemicals
Zhejiang Hongxin Dyeing Material Co.
Oakwood Products
Key Organics
Market driver
High demand from North America
For a full, detailed list, view our report
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Market challenge
Lack of awareness
For a full, detailed list, view our report
Market trend
Increasing consumer preferences toward organic cosmetics and personal care products
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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