Dodecanedioic Acid Market Segments and Key Trends 2014-2020

Dodecanedioic acid (DDDA) is a dicarboxylic acid. DDDA is a white solid with slight odor. Its melting point is 1280C and boiling point is 2500C. DDDA is used in various applications such as surfactants, corrosion inhibitors, paints and medical applications among others. It is used as adhesives, capacitor electrolyte and as plasticizer in various applications. It can be used as an ingredient for heat transfer fluid and corrosion resistant coats. Additionally, DDDA is used as a stabilizing and curing agent in powder coatings. However, in spite of its’ several applications, the major application of DDDA is polyesters, especially polyamides, epoxy resins. DDDA is manufactured from butadiene through a chemical process. There is no health issue associated with inhalation of DDDA due to its lower vapor pressure. DDDA is neither genotoxic nor mutagenic.

The market for dodecanedioic acid was mainly driven by polyamides market. Dodecanedioic acid is majorly used in manufacturing of polyamide 6,12. Polyamide 6,12 is majorly used in manufacturing nylon products. DDDA is also used in polyester coatings, diester synthetic lubricants and fibers among others. Dodecanedioic acid is used in flame retardants, fertilizers, flavors and fragrances, cleaning agents and dyestuffs among others. Investing in biodegradable DDDA has been the major opportunity for the dodecanedioic acid market. The manufactures are focusing on bio-based DDCA in near future. Verdezyne Inc., a U.S. based company is planning to open new DDDA plant in Malaysia. The plant will utilize lauric acid as chemical feedstock in order to manufacture DDDA. The project emphasizes on bio-based DDDA manufacturing. However, environmental issues can act as a major restraint for the dodecanedioic acid market in upcoming years.

In terms of demand, Asia Pacific was the leading region in dodecanedioic acid market. Growing demand of dodecanedioic acid for nylon 6,12 market has been the major driver for the growth in the market....