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Octadecanedioic Acid Market Share

Report ID: GMI6736
Published Date: Sep 2023
Report Format: PDF

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Octadecanedioic Acid Market Share

Some of the major industry players operating in the Octadecanedioic acid market are ;

Invista
BASF SE
Dupont de Nemours, Inc.
Solvay S.A.
Croda International Plc
Evonik Industries AG
Lianyungang Ningkang Chem Co., Ltd.
Hangzhou Dayangchem Co. Ltd.
Haihang Industry Co., Ltd.
VWR International LLC
Tokyo Chemical Industry Co., Ltd. (TCI)
Santa Cruz Biotechnology, Inc
Haihang Industry Co., Ltd.
Sigma-Aldrich Corporation (Now part of MilliporeSigma)
J&K Scientific Ltd.

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for octadecanedioic acid was USD 8.4 million in 2023 and will reach USD 12.5 million by 2024 due to its widespread usage as monomer or building block in the production of high-performance polymers, resins, and polyesters worldwide.

Octadecanedioic acid industry from the polyester polyols application segment recorded USD 4.9 million in 2022 due to the dire need to enhance thermal stability, mechanical properties, and chemical resistance in polymer formulations.

U.S. industry size for octadecanedioic acid registered USD 2.8 million in 2022 and will incur a significant CAGR from 2023-2032 owing to the higher application in the automotive, aerospace, and other industries of the region.

Invista, BASF SE, Dupont de Nemours, Inc., Solvay S.A., Croda International Plc, Evonik Industries AG, Lianyungang Ningkang Chem Co., Ltd., Hangzhou Dayangchem Co. Ltd., Haihang Industry Co., Ltd., and VWR International LLC are some of the major octadecanedioic acid companies worldwide.