Dodecanedioic Acid Market.pdf
In 2015, resins accounted for over 50% of the global DDDA market share. Increasing
application of nylon in fabrics, screws, and gears will positively impact the business
growth by 2033.
The overall DDDA market share for powder coatings shall witness the maximum
gains at over 6% CAGR by 2023. Cumulating demand for paints and coatings across
the automotive and construction industry will positively impact demand. The product
usage in paint & coatings offers higher corrosion resistance, resistance & protection
against chemicals, and superior finish.
U.S. DDDA market share, by application, 2012-2023 (USD Million)
In 2015, North America industry revenue was more than USD 100 million, primarily
on account of demand from the U.S. The enormous automotive customer base in the
country along with rising renovation practices in the region will positively influence
the regional growth in the coming years. In 2015, Asia Pacific formed the largest
chunk in the DDDA market size and shall observe maximum growth at over 6% over
the projected period. Increasing construction spending in India and China
accompanied with growing regional automotive industry will propel growth.
In 2015, the global DDDA market size was highly consolidated with four major
industry players, contributing approximately 50% of the global share. Key companies
in the global DDDA market share are UBE, Verdezyne, Cathay, BASF SE, Invista,
Santa Cruz Biotechnology, Zibo Guangtong Chemical, and Evonik.