Global Octadecanedioic Acid Market Trends

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Global Octadecanedioic Acid Market Size, Share, and Trends Analysis Report Trends

  • Chemical and Materials
  • Jul 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Growing Shift Toward Bio-Based Octadecanedioic Acid in Industrial Applications”

  • Rising environmental concerns and regulatory pressure are driving the shift toward bio-based ODDA over traditional petrochemical-derived alternatives
  • Manufacturers are increasingly using renewable feedstocks such as vegetable oils and microbial fermentation to produce sustainable ODDA
  • Bio-based ODDA is gaining popularity in sectors such as automotive and coatings due to its comparable performance and reduced carbon footprint
  • Companies are investing in bio-refinery technology and fermentation advancements to scale up production efficiently
    • For instance, Cathay Biotech has successfully commercialized bio-based ODDA for high-performance nylon production, supporting sustainable manufacturing