Octadecanedioic Acid Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Los Angeles, CA -- (SBWIRE) -- 05/17/2019 -- Octadecanedioic acid is a long chain dicarboxylic acid which contains two carbon components. It is also called C18 diacid. Dicarboxylic acid is formed by the traditional method of butadiene oxidation. The primary raw material used in this process consists of petrochemicals. The volatile prices of petrochemical products coupled with the imbalance in the supply demand of petrochemicals raw materials has led to the shift toward biotechnology-based chemicals.
The initiative to produce dicarboxylic acid from the method related to biotechnology production, primarily metathesis and microbial fermentation is taken to reduce the dependency on pertrochemicals raw material. The production of octadecanedioic acid through microbial fermentation, on a commercial scale, facilitates additional investments and developments in the biotechnological field. In the biotechnology method, vegetable oil is used as a raw material. Emission norms in the automobile and other industrial sectors have played an important role in the development of biotechnology-based acids.
The global Octadecanedioic Acid market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025. This report studies the Octadecanedioic Acid market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Octadecanedioic Acid in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Cathay Industrial Biotech
Elevance Renewable Sciences
Nanjing Chemlin Chemical Industrial
By the product type, the market is primarily split into
Manufactured by Petrochemical
Manufactured by Biotechnological
By the end users/application, this report covers the following segments
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