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Global Octadecanedioic Acid Market 2017-2021

Global Octadecanedioic Acid Market 2017-2021

About Octadecanedioic Acid

Octadecanedioic acid (ODDA) comes under the group of long-chain dicarboxylic acids. ODDA is an 18-carbon diacid containing two carboxylic acid groups at both ends of the linear hydrocarbon. ODDA is majorly produced in two ways: Microbial fermentation process and metathesis of natural oils. Natural oils used in the production of ODDA include animal fats and vegetable oils. ODDA is an intermediate chemical used in the manufacturing of polymers such as polyester polyols, polyurethanes, polycarbonates, and also, lubricant oils, powder coatings, and epoxies.

Technavio’s analysts forecast the global octadecanedioic acid market to grow at a CAGR of 4.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global octadecanedioic acid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Octadecanedioic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Caming Pharmaceutical
  • Croda International
  • Elevance Renewable Sciences
  • HIMOUNT EUROPE
  • LGC
  • TCI AMERICA
Other prominent vendors
  • Nanjing Chemlin Chemical Industry Co.
  • Toronto Research Chemicals
  • Zhejiang Hongxin Dyeing Material Co.
  • Oakwood Products
  • Key Organics
Market driver
  • High demand from North America
  • For a full, detailed list, view our report
Market challenge
  • Lack of awareness
  • For a full, detailed list, view our report
Market trend
  • Increasing consumer preferences toward organic cosmetics and personal care products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Octadecanedioic Acid Market 2017-2021

Technavio recognizes the following companies as the key players in the global octadecanedioic acid market: Caming Pharmaceutical, Croda International, Elevance Renewable Sciences, HIMOUNT EUROPE, LGC, and TCI AMERICA.

Other Prominent Vendors in the market are: Nanjing Chemlin Chemical Industry Co., Toronto Research Chemicals, Zhejiang Hongxin Dyeing Material Co., Oakwood Products, and Key Organics.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing consumer preferences toward organic cosmetics and personal care products. The cosmetics application segment is the most fastest-growing segment worldwide. Consumers are shifting their preferences toward organic products due to its range of health benefits, compared to those in regular chemically manufactured products. This factor is likely to bring in more demand for the cosmetics and personal care application segment. Hence, the segment is projected to grow at the highest CAGR during the forecast period.”

According to the report, one driver in the market is high demand from North America. The demand for ODDA mainly comes from North America, in which the US is likely to continue its leading position in the ODDA market of the Americas during the forecast period. In terms of the application of ODDA, the cosmetics segment is expected to enjoy the highest growth rate in the Americas. In addition to that, the shift in consumer preferences toward organic products, due to good health benefits, is expected to increase the scope and demand for cosmetics and personal care products. The increase in demand for polyester polyols, especially in construction and automotive sectors, is expected to drive the market in the Americas.

Further, the report states that one challenge in the market is lack of awareness. ODDA has a wide range of applications in polyester polyols, cosmetics, powder coatings, lubricating oils, and others. Lubricating oils and greases are mainly used by industrial equipment manufacturers, automotive, transportation, and other end-user industries. Lubricants help in reducing friction, controlling thermal stability, and offer a high load-carrying capacity of the equipment. In addition to that, polyester polyols derived from C18 dicarboxylic acid exhibit excellent solvent resistance, optical clarity, hydrolytic stability, and toughness. These polymers find use in the automotive, foodservice, and medical segments. Since ODDA consists of C18 dicarboxylic acid, a basic building block in the formulation of most compounds, it is actively used in personal care and pharmaceutical products.

Companies Mentioned

Caming Pharmaceutical, Croda International, Elevance Renewable Sciences, HIMOUNT EUROPE, LGC, TCI AMERICA, Nanjing Chemlin Chemical Industry Co., Toronto Research Chemicals, Zhejiang Hongxin Dyeing Material Co., Oakwood Products, and Key Organics.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global long chain dicarboxylic acid market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing 2016
    • Market size and forecast 2016-2021
      • Table Global octadecanedioic acid market size and forecast 2016-2021 ($ thousand)
      • Table Global octadecanedioic acid market - Year over year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2016-2021 (%)
    • Comparison by application
      • Table Comparison by application
    • Polyester polyols- Market size and forecast 2016-2021
      • Table Polyester polyols- Market size and forecast 2016-2021 ($ thousand)
      • Table Polyester polyols- Year over year growth 2017-2021 (%)
    • Lubricating oil - Market size and forecast 2016-2021
      • Table Lubricating oil - Market size and forecast 2016-2021 ($ thousand)
      • Table Lubricating oil - Year over year growth 2017-2021 (%)
    • Cosmetics- Market size and forecast 2016-2021
      • Table Cosmetics- Market size and forecast 2016-2021 ($ thousand)
      • Table Cosmetics - Year over year growth 2017-2021 (%)
    • Powder coatings - Market size and forecast 2016-2021
      • Table Powder coatings - Market size and forecast 2016-2021 ($ thousand)
      • Table Powder coatings - Year over year growth 2017-2021 (%)
    • Others - Market size and forecast 2016-2021
      • Table Others - Market size and forecast 2016-2021 ($ thousand)
      • Table Others - Year over year growth 2017-2021 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Regional landscape
    • Geographical segmentation
      • Table Global octadecanedioic acid market - Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2016-2021
      • Table Americas - Market size and forecast 2016-2021 ($ thousand)
      • Table Americas - Year over year growth 2017-2021 (%)
    • EMEA - Market size and forecast 2016-2021
      • Table EMEA - Market size and forecast 2016-2021 ($ thousand)
      • Table EMEA - Year over year growth 2017-2021 (%)
    • APAC - Market size and forecast 2016-2021
      • Table APAC - Market size and forecast 2016-2021 ($ thousand)
      • Table APAC - Year over year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing consumer preferences toward organic cosmetics and personal care products
    • Increasing usage in powder coating applications
    • Rising government norms on the use of environment-friendly products
  • Vendor landscape
    • Competitor landscape
    • Other prominent vendors
  • Vendor analysis
    • Vendors covered
    • Caming Pharmaceutical
      • Table Caming Pharmaceutical: Business segmentation by products for 2016
      • Table Caming Pharmaceutical: Business segmentation by service for 2016
    • Croda International
      • Table Croda International: Business segmentation in terms of region for 2016
      • Table Croda International: Segmentation by business segments for 2016
    • Elevance Renewable Sciences
      • Table Elevance Renewable Sciences: Business segmentation by industry for the year 2016
      • Table Elevance Renewable Sciences: Business segmentation by products for the year 2016
    • HIMOUNT EUROPE
      • Table HIMOUNT EUROPE: Business segmentation by products for 2016
    • LGC
      • Table LGC: Business segmentation by industry for the year 2016
      • Table LGC: Business segmentation by products for the year 2016
    • TCI AMERICA
      • Table TCI AMERICA: Business segmentation by products for the year 2016
      • Table TCI AMERICA: Product features with specification of octadecanedioic acid produced in the company
  • Appendix
    • List of abbreviations
  • Explore Technavio

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