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 valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Octadecanedioic Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Octadecanedioic Acid market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Octadecanedioic Acid in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Octadecanedioic Acid manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
BASF
Croda
Cathay Industrial Biotech
Elevance Renewable Sciences
Nanjing Chemlin Chemical Industrial
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Manufactured by Petrochemical
Manufactured by Biotechnological
Summary: Get latest Market Research Reports on Octadecanedioic Acid. Industry analysis & Market Report on Octadecanedioic Acid is a syndicated market report, published as Global Octadecanedioic Acid Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Octadecanedioic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.