new research on dodecanedioic acid (ddda) market 2015 – 2022

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New Research on Dodecanedioic acid (DDDA) market 2015 – 2022

New Research on Dodecanedioic acid (DDDA) market 2015 – 2022:Fractovia.org


Global Dodecanedioic acid (DDDA) market size is predicted to grow from more than 55 kilo tons in 2015 and register CAGR of more than 5.2% by the end of forecast period.

Dodecanedioic acid is used in production of rust inhibitors that are widely used in chemicals, water treatment, industries and pulp & paper. Growing demand for paints comprising zero volatile organic compounds has added to the expansion of the industry.

Verdezyne Incorporation, a firm manufacturing bio based chemicals, and Cornell Brothers Corporation, the biggest marketer and most reputed distributor of specialty chemicals in APAC region, signed a deal for sales and distribution of Verdezyne bio based Dodecanedioic acid (BIOLON DDDA). The deal demonstrates heavy demand for the high quality renewable specialty chemicals like BIOLON DDDA in APAC.

Overview:


BIOLON DDDA will be manufactured at Verdezyne first commercial unit in Malaysia and will be distributed in seventeen nations of APAC region, including South Korea, China and Japan. Verdezyne commercial unit is predicted to be completed by 2017 and will have a capacity to manufacture about 9000 metric tons of diacids including BIOLON DDDA yearly.

The deal ensures Cornell Brothers Corporation of right to use more than 10 % of the expected unit capacity. BIOLON DDDA will be utilised in manufacturing different end user products like cosmetics, automotive components, fragrances, polymer resins and toothbrush bristles. Global Dodecanedioic acid market is segmented into key geographical regions namely North America, APAC, Latin America, Europe and MEA.

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


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new research on dodecanedioic acid (ddda) market 2015 – 2022

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