SAN FRANCISCO, January 23, 2017 /PRNewswire/ --
The global long chain dicarboxylic acid market is expected to reach USD 300.3 million by 2025, according to a new report by Grand View Research, Inc. Rising product use as LCDA applications such as nylon & other polyamide, powder coatings and lubricants will augment market growth over the next nine years.
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The increasing use of long chain dicarboxylic acid as precursor in manufacturing of nylon & other polyamides, powder coatings, lubricants, adhesives, and corrosion inhibitors, applications will fuel the long chain dicarboxylic acid demand. Rising application scope of nylon & other polyamides in automotive and building construction is expected to propel long chain dicarboxylic acid growth over the forecast period.
Long chain dicarboxylic acid is employed as a key bio-based product for manufacturing in various applications. LCDA is an environmentally degradable product which makes its suitable for compliance with various regulatory norms laid by REACH and EPA in Europe and North America respectively.
High performance nylon & other polyamide used possess properties like high strength & stiffness, fatigue resistance, and broad temperature toleration. High performance nylon is widely used in infrastructure projects across various geographies of the world. The growth of above stated application segment is expected to fuel long chain dicarboxylic acid demand over the forecast period.
Browse full research report with TOC on "Long Chain Dicarboxylic Acid Market Analysis By Application (Nylon & Other Polyamides, Powder Coatings, Lubricants, Adhesives, Pharmaceuticals, Corrosion Inhibitors), By Region (North America, Europe, Asia Pacific, RoW), And Segment Forecasts, 2013 - 2025" at: http://www.grandviewresearch.com/industry-analysis/long-chain-dicarboxylic-acid-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global long chain dicarboxylic acid (LCDA) market on the basis of application and region:
Read Our Blog - Long Chain Dicarboxylic Acid (LCDA): A Potential bio-based precursor for various applications
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
Phone: 1-415-349-0058
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Email: sales@grandviewresearch.com
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