Global Octadecanedioic Acid Market, By Type (Manufactured By Petrochemical, Manufactured By Biotechnological), End-Use Industry (Automobile, Industrial, Medical, Construction, Food Service, Textiles), Application (Polyester Polyols, Cosmetics, Powder Coating, Lubricant Oils), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Octadecanedioic Acid Market
Octadecanedioic acid market will reach an estimated valuation of USD 10.67 million by 2027, while registering this growth at a rate of 4.10% for the forecast period of 2020 to 2027. Octadecanedioic acid market report analyses the growth, which is currently being growing due to the increased demand for polyester foams, elastomers and paints in numerous automotive and industrial applications.
Octadecanedioic acid belongs to the class of organic compounds known as water-insoluble long chain fatty acids, and is relatively neutral. They are extensively used in applications such as powder coating, lubricant oils, polyester polyols and cosmetics.
The growing demand for personal care products, rising demand for engineering polymers, increasing preference for sustainable and eco-friendly products to decrease petrochemical dependency are some of the factors expected to drive growth of the octadecanedioic acid market in the forecast period of 2020-2027. On the other hand, developing applications of octadecanedioic acid in medical and textiles industries will further create several opportunities that will lead to the growth of the octadecanedioic acid market in the above mentioned period.
High price of the product is expected to restrain the growth of the octadecanedioic acid market in the above mentioned period.
This octadecanedioic acid market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on octadecanedioic acid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Octadecanedioic Acid Market Scope and Market Size
Octadecanedioic acid market is segmented on the basis of type, end-use industry and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the octadecanedioic acid market is segmented into manufactured by petrochemical and manufactured by biotechnological.
- On the basis of end-use industry, the octadecanedioic acid market is segmented into automobile, industrial, medical, construction, food service, and textiles.
- On the basis of application, the octadecanedioic acid market is segmented into polyester polyols, cosmetics, powder coating, and lubricant oils.
Octadecanedioic Acid Market Country Level Analysis
Octadecanedioic acid market is analysed and market size, volume information is provided by country, type, end-use industry and application as referenced above.
The countries covered in the market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the octadecanedioic acid market because of the increasing awareness for environment-friendly products in the region while Asia-Pacific is estimated to grow in the forecast period of 2020-2027 due to the quickly rising demand for octadecanedioic acid in several applications such as powder coatings, polyester polyols and cosmetics.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Octadecanedioic Acid Market Share Analysis
Octadecanedioic acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to octadecanedioic acid market.
The major players covered in the octadecanedioic acid market report are BASF SE, Elevance Renewable Sciences, Inc., Croda International, Cathay Industrial Biotech, Ltd., TCI Chemicals (India) Pvt. Ltd., TCI America, Inc. and Nanjing Chemlin Chemical Industrial among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Octadecanedioic Acid Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.