SAN FRANCISCO, July 13, 2015 /PRNewswire/ --
Global Dodecanedioic Acid (DDDA) Market is expected to reach USD 443.3 million by 2022, according to a new study by Grand View Research, Inc. Increasing demand for nylon 6,12 from various end-use industries including polymers, detergents and coatings is expected to drive DDDA market growth over the forecast period. In addition, increasing paints & coatings production is likely to fuel DDDA demand. Development of new coating technologies for the industrial paints has contributed to the growth of DDDA on account of its ability to resist corrosion and provide durable flexible coatings.
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Browse full research report with TOC on "Global Dodecanedioic Acid (DDDA) Market Analysis By Application (Resins, Powder Coatings, Adhesives, Lubricants), Bio-based Potential And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/dodecanedioic-acid-ddda-industry
Penetration of DDDA in resin applications was highest in 2014, as it is used as a key raw material for manufacturing nylon. Increasing consumption of nylon 6,12 in automotive, electrics & electronics and construction is likely to drive DDDA market production. Growth of these end-use industries is anticipated to subsequently impact market growth in resin applications over the forecast period.
Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/renewable-chemicals
For the purpose of this study, Grand View Research has segmented the Dodecanedioic Acid Market on the basis of application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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Grand View Research, Inc
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Email:sales@grandviewresearch.com
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