Octadecanedioic Acid - Global Strategic Business Report

Global Octadecanedioic Acid Market to Reach $12.3 Million by 2030

The global market for Octadecanedioic Acid estimated at US$8.8 Million in the year 2022, is projected to reach a revised size of US$12.3 Million by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. Polyester Polyols, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$6.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Lubricating Oils segment is readjusted to a revised 4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.3 Million, While China is Forecast to Grow at 6.6% CAGR

The Octadecanedioic Acid market in the U.S. is estimated at US$2.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.6 Million by the year 2030 trailing a CAGR of 6.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Select Competitors (Total 44 Featured) -

• BASF SE
• Cathay Industrial Biotech Ltd.
• Croda International PLC
• Elevance Renewable Sciences, Inc.
• TCI America

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