Dodecanedioic acid is known as DDDA, which is a dicarboxylic acid that used in top-grade coatings, antiseptics, painting materials, surfactant, corrosion inhibitor, and engineering polymers (nylon 612). It is also used in the manufacture of corrosion inhibitors used in water treatment, chemical, pulp and paper, powder coatings and other industrial facilities. Powder coatings manufactured using DDDA have a number of advantages over conventional liquids such as higher resistance to corrosion, abrasion, chipping, high quality finish, protection from chemicals, heat, moisture. Additionally, powder coatings are free from all variants of solvents resulting in negligible volatile organic compounds (VOC) emissions and are termed as eco-friendly coating. DDDA is used in the manufacture of polyesters, especially polyamides and epoxy resins. In the medical sector, intravenous infusion of DDDA in type 2 diabetic patients helps in maintaining blood sugar without affecting the energy levels or increasing the blood glucose in the human body. DDDA is used as a primary constituent for corrosion resistant coats and heat transfer fluids.
Evolution in construction and automotive industries has led to a huge demand for paints and coatings propelling the growth of the dodecanedioic acid market. Nylon is used in manufacturing thermoplastics, fabrics, screws, gears and ropes with its excellent properties coupled with improved performance, high tensile strength, high elasticity, and easy availability. Manufacture of nylon 612, powder coatings, adhesives, and paints is driving the demand for DDDA in Asia due to industrialization. Nylon 612 is used the manufacture of coatings, polyesters, greases, detergents, fragrances, and adhesives. It has attractive heat resistant property which helps in production of heat resistant thermoplastics.
According to the study “Asia Dodecanedioic Acid Industry Situation and Prospects Research report”, the increasing demand for zero volatile organic compounds in paints is another key factor driving the dodecanedioic acid industry. Resin manufacturing accounts for a largest share in the DDDA market. Stringent environmental concerns related with the production of dodecanedioic acid could hinder the growth of DDDA in Asian markets. The introduction of bio-based DDDA is expected to nullify the declining market. Bio-based DDDA will replace approximately 30% of petrochemical product industry in the next few years.
Cyclododecane, Dodecyl Alcohol, 1-3-Butadiene and Hydrogen Peroxide are the few types of products available in Asia’s Dodecanedioic Acid industry. Various aaplications of Dodecanedioic Acid in Asia market are resins, powder coatings, adhesives, lubricants and others. Geographically, Dodecanedioic Acid market in Asia is spread across China, Japan, India, Korea, Saudi Arabia and other region. The leading players in Dodecanedioic Acid market in Asia are Evonik, Dupont, Verdezyne, BEYO Chemical, Cathay Industrial Biotech, UBE INDUSTRIES, Nantong Senos Biotechnology, Santa Cruz Biotechnology, and Zibo Guantong Chemical.
Industrialization in Asia accounts for a larger share in the DDDA market; however, China is the largest producer as well as consumer of DDDA. Initiatives toward environmental sustainability are expected to encourage the leading manufacturers in the exploration of bio-based routes for the production of dodecanedioic acid. Evolution in nylon and polyamides market is fuelling the growth of DDDA market prospects in Asia. Increasing crude oil prices and carbon footprint on the environment has led to increased investments on R&D by manufacturing companies, to produce more bio-based DDDA. Asia’s stringent environmental and government regulations on petroleum-based products has motivated DDDA manufacturing units to use bio-based resources, as an alternative, in the production process. Increasing focus towards bio-based dodecanedioic acid will witness a steady growth of Asian dodecanedioic acid market during the next few years.
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