© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

The Big Picture of DDDA market by 2023

Read more at @ https://www.gminsights.com/industryanalysis/dodecanedioic-acid-DDDA-market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

Dodecanedioic Acid (DDDA) Market size was 58.8 kilo tons in 2015, as per the latest research report by Global Market Insights, Inc. Strong production outlook for nylon 6,12 due to wide application scope for manufacturing greases, polyesters, coatings, fragrances detergents and adhesives and should drive global DDDA market size. Dodecanedioic acid market size may reach USD 599.5 in revenue by 2023. Nylon 6,12 is used for engineering thermoplastics production due to superior heating properties. This has stimulated nylon 6,12 industry demand over the past few years and this trend is expected to continue throughout the forecast period. Powder coating applications may grow significantly at 6.2% CAGR. Strong application scope for paints and powder coatings production owing to high effectiveness and growth of automobiles & construction industry may drive DDDA market size. Rise in focus on protective coatings usage in the past few years has resulted in significant growth of dodecanedioic acid market in the recent times.

Global Market Scenario of DDDA Chemical

For more information please browse @ https://www.gminsights.com/request-sample/detail/422

© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

Increasing corrosion inhibitors demand for water treatment, pulp & paper and chemical facilities may subsequently drive DDDA market growth. Increasing focus for developing sustainable routes based on biomass owing to depleting fossil fuel reserves may favor DDDA market growth. Renewable feedstock has provided the manufacturers with cost reduction opportunities and improved penetration in heavily regulated market such as Europe and North America.

Cathay Industrial Biotech, Verdezyne Inc., Invista, and Evonik Industries are spending on R&D for utilization of biological processing methods for various applications. Verdezyne uses biobased feedstock which includes, plant oils, fatty acids, soap stocks, palm oil, palm kernel and distillates of fatty acid followed by yeast fermentation. Dodecanedioic acid produced from this process can be used as chemical intermediate in production of polymers, coatings, and fibers . 

Continue.....

Read more at @ https://www.gminsights.com/industry-analysis/dodecanedioic-acid-DDDA-market F

© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

U.S. DDDA market share, by application, 2015 (KT)

Download Brochure @ https://www.gminsights.com/request-sample/detail/422

© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

Get sample research PDF for more Professional and Technical insights @ https://www.gminsights.com/request-sample/detail/422

Latest Research Report On Oil Storage Market @ https://www.gminsights.com/industry-analysis/dodecanedioic-acid-DDDA-market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

Thank you

You can visit us at: www.gminsights.com