Dodecanedioic Acid (DDDA) Market By Application - Global Industry Analysis and Forecast to 2022

Published On : October 2017 Pages : 80 Category: Organic Chemicals Report Code : CM10291

Industry Outlook and Trend Analysis

The Dodecanedioic Acid (DDDA) Market was worth USD 0.27 billion in the year of 2012 and is expected to reach approximately USD 0.48 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 5.17% during the forecast period. The global dodecanedioic acid market is expected to grow owing to its rising requirement in the production of adhesives, paints, nylon 6, 12 and powder coatings. It is utilized as major raw material in the manufacturing of nylon 6,12 which is utilize in a variety of applications like fragrances, polyesters, coatings, greases, adhesives and detergents. Expanding dodecanedioic acid requirement for paints and powder coatings attributable to its high viability combined with the development of the end-use ventures is relied upon to drive the market over the conjecture time frame. Nylon 6,12 is utilized as a part of the manufacturing of elite thermoplastics inferable from its heating capacities. This has brought about an enlarging requirement for nylon 6,12 in the course of recent years, and this pattern is relied upon to proceed over the gauge time frame. DDDA is utilized in the making of corrosion inhibitors, which are broadly utilized as a part of pulp & paper, water treatment, chemical facilities and other industrial facilities. Ascend in concentration on protective coatings in the previous couple of years has brought about critical development of the substance in the current circumstances. Expanding requirement for paints containing zero volatile organic compounds has added to the development of the worldwide dodecanedioic acid industry.

Application Outlook and Trend Analysis

In 2014 resin application is the biggest segment representing more than 60 percent of the total volume. Increasing infiltration of nylon in different applications including gears, fabrics and screws is anticipated to boost the development of resins amid the figure period. Increasing research and development expenditure by nylon makers towards item advancement is anticipated to positively affect the market in the upcoming years. Besides, developing requirement for specialty polymers that are bio-based including nylon 6,12 is anticipated to increase bio-based DDDA market development throughout the following years. In accordance with the developing requirement for bio-based items, various producers including Verdezyne and Cathay are concentrating on creating bio-routes for production. In 2014 Verdezyne produced the primary bio-based DDDA plant in Malaysia. The bio-based item is expected to supplant roughly 30 percent of the petroleum-based item industry throughout the following couple of years. Powder coating applications are foreseen to encounter the most elevated development when contrasted to its counterparts over the estimate time frame. Extension of industrial paints and coatings industry in Middle East and BRICS by virtue of outstanding qualities, for example, resistance to heat and rendering flexibility to polyesters is anticipated to drive powder coatings market. Powder coatings have several benefits over traditional liquids like chipping and abrasion, high-quality finish, higher resistance to corrosion, protection from heat, chemicals and moisture. Additionally, powder coatings are atmosphere friendly as it is solvent free which results in reduced emissions of volatile organic compounds (VOC). Development of powder sector in upcoming markets of India and China because of utilization development in chemical, construction and automotive enterprises, is anticipated to fuel the requirement for the synthetic. Thus, powder coatings makers are relied upon to utilize DDDA in the upcoming years.

Regional Outlook and Trend Analysis

In 2014 Europe and North America DDDA market ruled the global requirement representing fir more than 45 percent of the total volume. The rise of Mexico as an automotive manufacturing center point in light of vicinity to the United States market alongside developing residential utilization is anticipated to fuel requirement over the gauge time frame. Low development of nylon generation in Italy, France and Germany in light of high production cost is anticipated upon to bring about the steady development of the Europe DDDA market over the conjecture time frame. Asia Pacific dodecanedioic acid market is anticipated to encounter the quickest development throughout the following years by virtue of the growing modern production base, especially in India and China. The powerful production base of nylon in India, Japan and China alongside expanding requirement for industrial paints and powder coatings are foreseen to enlarge market development in the upcoming years. The dedication of various governments towards the security of environment is foreseen to increase production of bio-based DDDA in the area and favorably affect the market over the anticipated period.

Competitive Insights

In 2014 global DDDA market share was dominated by BASF, Santa Cruz Biotechnology, Verdezyne Inc, Cathay Industrial Biotech Ltd, Evonik Industries and Invista. Various manufacturers are investigating bio-based routes for manufacturing DDDA owing to developing requirement for eco-friendly items, for example, powder coatings, adhesives, lubricants, and nylon. In November 2014, Verdezyne reported plans to set up another production base in Malaysia for delivering bio-based DDDA on an extensive scale.

The global Dodecanedioic Acid (DDDA) Market is segmented as follows :

By Application

  • Resins
  • Powder Coatings
  • Adhesives
  • Lubricants
  • Others

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2012 and forecast from 2013 to 2022?
  • What will be the industry market growth from 2013 to 2022?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

  • Dodecanedioic Acid (DDDA) Market , By Application, Estimates and Forecast, 2012-2022 ($Million)
  • Resins
  • Powder Coatings
  • Adhesives
  • Lubricants
  • Other Applications
  • Dodecanedioic Acid (DDDA) Market , By Region, Estimates and Forecast, 2012-2022 ($Million)
    • North America
  • North America Dodecanedioic Acid (DDDA) Market , By Country
  • North America Dodecanedioic Acid (DDDA) Market , By Application
    • U.S. Dodecanedioic Acid (DDDA) Market , By Application
    • Canada Dodecanedioic Acid (DDDA) Market , By Application
    • Mexico Dodecanedioic Acid (DDDA) Market , By Application
    • Europe
  • Europe Dodecanedioic Acid (DDDA) Market , By Country
  • Europe Dodecanedioic Acid (DDDA) Market , By Application
    • Germany Dodecanedioic Acid (DDDA) Market , By Application
    • France Dodecanedioic Acid (DDDA) Market , By Application
    • UK Dodecanedioic Acid (DDDA) Market , By Application
    • Italy Dodecanedioic Acid (DDDA) Market , By Application
    • Spain Dodecanedioic Acid (DDDA) Market , By Application
    • Rest of Europe Dodecanedioic Acid (DDDA) Market , By Application
    • Asia-Pacific
      • Asia-Pacific Dodecanedioic Acid (DDDA) Market , By Country
      • Asia-Pacific Dodecanedioic Acid (DDDA) Market , By Application
        • Japan Dodecanedioic Acid (DDDA) Market , By Application
        • Australia Dodecanedioic Acid (DDDA) Market , By Application
        • India Dodecanedioic Acid (DDDA) Market , By Application
        • South Korea Dodecanedioic Acid (DDDA) Market , By Application
        • Rest of Asia-Pacific Dodecanedioic Acid (DDDA) Market , By Application
    • Rest of the World
      • Rest of the World Dodecanedioic Acid (DDDA) Market , By Country
      • Rest of the World Dodecanedioic Acid (DDDA) Market , By Application
        • Brazil Dodecanedioic Acid (DDDA) Market , By Application
        • South Africa Dodecanedioic Acid (DDDA) Market , By Application
        • Saudi Arabia Dodecanedioic Acid (DDDA) Market , By Application
        • Turkey Dodecanedioic Acid (DDDA) Market , By Application
        • United Arab Emirates Dodecanedioic Acid (DDDA) Market , By Application
        • Others Dodecanedioic Acid (DDDA) Market , By Application

Table of Contents

1.      Introduction

1.1.      Report Description

1.2.      Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

2.      Executive Summary

2.1.      Key Highlights

3.      Market Overview

3.1.      Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2.      Market Dynamics

3.2.1. Drivers

3.2.1.1.   Rising Demand For Coatings and Paints Market

3.2.1.2.   Rising Demand For Nylon

3.2.2. Restraints

3.2.2.1.   Stringent Government Regulations

3.2.3. Opportunities

3.2.3.1.   Emerging Countries to Offer Lucrative Growth Opportunities

4.      Dodecanedioic Acid (DDDA) Market, By Application

4.1.      Introduction

4.2.      Dodecanedioic Acid (DDDA) Market   Assessment and Forecast, By Application, 2016-2025

4.3.      Resins

4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.4.      Powder Coatings

4.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.5.      Adhesives

4.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.6.      Lubricants

4.6.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.7.      Other Applications

4.7.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

5.      Dodecanedioic Acid (DDDA) Market, By Region

5.1.      Introduction

5.2.      Dodecanedioic Acid (DDDA) Market   Assessment and Forecast, By Region, 2016-2025 ($Million)

5.3.      North America

5.3.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

5.3.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.3.3. U.S.

5.3.3.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.3.4. Canada

5.3.4.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.3.5. Mexico

5.3.5.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.4.      Europe

5.4.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

5.4.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.4.3. Germany

5.4.3.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.4.4. France

5.4.4.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.4.5. UK

5.4.5.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.4.6. Italy

5.4.6.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.4.7. Spain

5.4.7.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.4.8. Rest of Europe

5.4.8.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.5.      Asia-Pacific

5.5.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

5.5.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.5.3. Japan

5.5.3.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.5.4. China

5.5.4.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.5.5. Australia

5.5.5.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.5.6. India

5.5.6.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.5.7. South Korea

5.5.7.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.5.8. Rest of Asia-Pacific

5.5.8.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.6.      Rest of the World

5.6.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)

5.6.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.6.3. Brazil

5.6.3.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.6.4. Turkey

5.6.4.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.6.5. Saudi Arabia

5.6.5.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.6.6. South Africa

5.6.6.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.6.7. United Arab Emirates

5.6.7.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

5.6.8. Others

5.6.8.1.   Market Assessment and Forecast, By Application, 2016-2025 ($Million)

6.      Company Profiles

6.1.      Verdezyne

6.1.1. Business Overview

6.1.2. Product Portfolio

6.1.3. Strategic Developments

6.2.       Invista

6.2.1. Business Overview

6.2.2. Product Portfolio

6.2.3. Strategic Developments

6.3.      BASF SE

6.3.1. Business Overview

6.3.2. Product Portfolio

6.3.3. Key Financials

6.3.4. Strategic Developments

6.4.      UBE Industries

6.4.1. Business Overview

6.4.2. Product Portfolio

6.4.3. Strategic Developments

6.5.      Zibo Guangtong Chemical Co., Ltd.

6.5.1. Business Overview

6.5.2. Product Portfolio

6.5.3. Key Financials

6.5.4. Strategic Developments

6.6.      Evonik Industries

6.6.1. Business Overview

6.6.2. Product Portfolio

6.6.3. Key Financials

6.6.4. Strategic Developments

6.7.      Cathay Industrial Biotech

6.7.1. Business Overview

6.7.2. Product Portfolio

6.7.3. Strategic Developments

6.8.      Santa Cruz Biotechnology

6.8.1. Business Overview

6.8.2. Product Portfolio

 

6.8.3. Strategic Developments


List of Tables

Table 1.Dodecanedioic Acid (DDDA) Market, By Application ($Million), 2016-2025
Table 2.ResinsMarket, By Region ($Million), 2016-2025
Table 3.Powder Coatings Market, By Type ($Million), 2016-2025
Table 4.Adhesives Market, By Region ($Million), 2016-2025
Table 5.Lubricants Market, By Region ($Million), 2016-2025
Table 6.Other Applications Market, By Region ($Million), 2016-2025
Table 7.North America Dodecanedioic Acid (DDDA) Market, By Country, 2016-2025 ($Million)
Table 8.North America Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 9.U.S.Dodecanedioic Acid (DDDA) Market, by Application, 2016-2025 ($Million)
Table 10.Canada Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 11.Mexico Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 12.Europe Dodecanedioic Acid (DDDA) Market, By Country, 2016-2025 ($Million)
Table 13.Europe Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 14.Germany Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 15.France Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 16.UK Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 17.Italy Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 18.Spain Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 19.Rest of Europe Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 20.Asia-Pacific Dodecanedioic Acid (DDDA) Market, By Country, 2016-2025 ($Million)
Table 21.Asia-Pacific Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 22.Japan Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 23.China Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 24.Australia Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 25.India Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 26.South Korea Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 27.Rest of Asia-Pacific Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 28.Rest of the World Dodecanedioic Acid (DDDA) Market, By Country, 2016-2025 ($Million)
Table 29.Rest of the World Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 30.Brazil Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 31.Turkey Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 32.Saudi Arabia Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 33.South Africa Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 34.United Arab Emirates Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 35.Others Dodecanedioic Acid (DDDA) Market, By Application, 2016-2025 ($Million)
Table 36.Verdezyne: Key Strategic Developments, 2015-2017
Table 37.Invista: Key Strategic Developments, 2015-2017
Table 38.BASF SE: Key Strategic Developments, 2015-2017
Table 39.UBE Industries: Key Strategic Developments, 2015-2017
Table 40.Zibo Guangtong Chemical Co., Ltd.: Key Strategic Developments, 2015-2017
Table 41.Evonik Industries: Key Strategic Developments, 2015-2017
Table 42.Cathay Industrial Biotech: Key Strategic Developments, 2015-2017
Table 43.Santa Cruz Biotechnology: Key Strategic Developments, 2015-2017


List of Figures

Figure 1.Dodecanedioic Acid (DDDA) Market Share, By Application, 2016 & 2025
Figure 2Dodecanedioic Acid (DDDA) Market, By Region, 2016, ($Million)
Figure 3.BASF SE: Net Revenues, 2014-2016 ($Million)
Figure 4.BASF SE: Net Revenue Share, By Segment, 2016
Figure 5.BASF SE: Net Revenue Share, By Geography, 2016
Figure 6.Zibo Guangtong Chemical Co., Ltd.: Net Revenues, 2014-2016 ($Million)
Figure7.Zibo Guangtong Chemical Co., Ltd.: Net Revenue Share, By Segment, 2016
Figure8.Zibo Guangtong Chemical Co., Ltd.: Net Revenue Share, By Geography, 2016
Figure9.Evonik Industries: Net Revenues, 2014-2016 ($Million)
Figure10.Evonik Industries: Net Revenue Share, By Segment, 2016
Figure 11.Evonik Industries: Net Revenue Share, By Geography, 2016

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country