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NEW YORK , Sept. 5, 2022 /PRNewswire/ -- The Dodecanedioic Acid Market size is expected to grow by USD 144.66 million during 2025, at a CAGR of 5.45% during the forecast period, according to Technavio. The market is concentrated, and the degree of concentration will accelerate during the forecast period. BASF SE, BEYO Chemical Co. Ltd., Cathay Biotech Inc., ChemCeed LLC, Evonik Industries AG, Haihang Industry Co. Ltd., Santa Cruz Biotechnology Inc., Serena Chemicals, Shandong Guangtong New Material Co. Ltd., and Ube Industries Ltd. are some of the major market participants.
The increased demand for nylon-based products, growth in industrialization in emerging economies, and extensive use of powder coatings in consumer appliances will offer immense growth opportunities.
However, the stringent regulatory environment, volatility in prices of raw materials used for manufacturing specialty chemicals, and the threat of substitutes for dodecanedioic acid will challenge the growth of the market participants. Request Free Sample Report.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
APAC will account for 41% of market growth. The main markets for dodecanedioic acid in APAC are China , Japan , and India . This region's market will grow more quickly than other regions' markets. Over the forecast period, the expansion of the electronics sector would help the dodecanedioic acid market in APAC. Buy Sample Report.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our dodecanedioic acid market report covers the following areas:
This study identifies the increasing focus on bio-based and eco-friendly products as one of the prime reasons driving the dodecanedioic acid market growth during the next few years. Download Free Sample Report.
Dodecanedioic Acid Market Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Dodecanedioic Acid Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Dodecanedioic Acid Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Dodecanedioic Acid Market Key Highlights
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Accelerate at a CAGR of 5.45%
APAC, Europe, North America, South America, and MEA
China, US, Germany, Japan, and India
Leading companies, Competitive Strategies, Consumer engagement scope
BASF SE, BEYO Chemical Co. Ltd., Cathay Biotech Inc., ChemCeed LLC, Evonik Industries AG, Haihang Industry Co. Ltd., Santa Cruz Biotechnology Inc., Serena Chemicals, Shandong Guangtong New Material Co. Ltd., and Ube Industries Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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