Octadecanedioic Acid (ODDA) Market Analysis By Application (Polyester Polyols, Cosmetics, Powder Coatings, Lubricating Oils), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), And Segment Forecasts, 2014 - 2024

Published: Feb, 2017 | Pages: 85 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global octadecanedioic acid (ODDA) market is anticipated to reach USD 9.4 million by 2024, according to a new report by Grand View Research, Inc. Growing demand for renewable chemicals used to derive high value intermediate & end-use products is expected to support market growth over the coming years.

Traditionally, dibasic or dicarboxylic acids were produced through chemical reactions such as multistep butadiene oxidation which used petrochemical as a raw material. Initiatives undertaken to reduce dependency on petrochemical feedstock led to the development of biotechnological production methods, namely, microbial fermentation and metathesis.

Further expansions & investments in the biotechnological field are anticipated to facilitate commercial scale production of C18 dibasic acid through microbial fermentation. Vegetable oil is used as feedstock while using the biotechnological processes.

Rising ODDA demand from soaps & detergents and organic personal care products is projected to augment market growth over the forecast period. Developing economies such as India, China, South Korea and Japan are slated to emerge as the key end-use markets. Growing application scope in personal care and plastics is expected to augment product demand over the forecast period.

Further Key Findings from the Study Suggest:

Water repellant properties of C18 dicarboxylic acid has found extensive application in cosmetics

The application of octadecanedioic acid in coatings, adhesives, sealants, and elastomers (CASE) segment is projected to gain prominence across the world

Demand in the polyester polyols segment accounted for approximately 50% of the market volume in 2015

Advantages such as improved performance, reduced carbon footprint, and renewable content enable manufacturers to charge a "green premium" on products

Commercialization of biobased methods coupled with increasing demand for renewable sources in the lubricants and cosmetics market is anticipated to augment market demand

Lubricating oil is projected to occupy the second-largest share on account of increasing use of ODDA as thickener component in grease compositions

Rising awareness of ecofriendly products and increasing government initiatives supporting measures towards sustainable environment is expected to propel market demand

Volatile price of petrochemical derived products on account of supply-demand imbalances has prompted the shift towards biobased chemicals

Elevance Renewable Sciences Inc. has developed its own patented metathesis catalyst technology, which has fortified its hold in the market

Key market players include Elevance Renewable Sciences Inc., Croda International Plc., Cathay Industrial Biotech Ltd., TCI America, and BASF SE

 Table of Contents

Chapter 1 Methodology and Scope
                    1.1 Research methodology
                    1.2 Research scope and assumptions
                    1.3 List of data sources
Chapter 2 Executive Summary
                    2.1 Octadecanedioic Acid - Industry summary and key buying criteria, 2015
Chapter 3 Octadecanedioic Acid Market Variables, Trends & Scope
                    3.1 Market segmentation & scope
                    3.2 Market size and growth prospects, 2014 - 2024
                    3.3 Value chain analysis
                       3.3.1 Vendor landscape
                    3.4 Market dynamics
                       3.4.1 Market driver analysis
                            3.4.1.1 Growing demand for engineering polymers
                            3.4.1.2 High demand for personal care products
                            3.4.1.3 Biobased production method
                       3.4.2 Market restraint analysis
                            3.4.2.1 High product price
                    3.5 Production process overview
                    3.6 Key market opportunities - Prioritized
                       3.6.1 Recent developments
                       3.6.2 Patent landscape
                    3.7 Industry analysis - Porter's
                    3.8 Competitive scenario, 2015
                       3.8.1 Company heat map analysis
                       3.8.2 Market strategy overview
                    3.9 PESTEL analysis
Chapter 4 Octadecanedioic Acid Market: Application Estimates & Trend Analysis
                    4.1 Octadecanedioic acid application potential
                    4.2 Global octadecanedioic acid market share by application, 2015 & 2024
                    4.3 Polyester polyols
                       4.3.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                       4.3.2 Market estimates & forecast, by region, 2014 - 2024 (Kilogram) (USD Thousand)
                    4.4 Cosmetics
                       4.4.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                       4.4.2 Market estimates & forecast, by region, 2014 - 2024 (Kilogram) (USD Thousand)
                    4.5 Powder coatings
                       4.5.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                       4.5.2 Market estimates & forecast, by region, 2014 - 2024 (Kilogram) (USD Thousand)
                    4.6 Lubricating oils
                       4.6.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                       4.6.2 Market estimates & forecast, by region, 2014 - 2024 (Kilogram) (USD Thousand)
                    4.7 Others
                       4.7.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                       4.7.2 Market estimates & forecast, by region, 2014 - 2024 (Kilogram) (USD Thousand)
Chapter 5 Octadecanedioic acid Market: Regional Estimates & Trend Analysis
                    5.1 Regional movement analysis & market share, 2015 & 2024
                    5.2 Market size forecasts & trend analysis by region, 2014 - 2024 (Kilogram) (USD Thousand)
                    5.3 North America
                       5.3.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                       5.3.2 Market estimates & forecast by application, 2014 - 2024 (Kilogram) (USD Thousand)
                       5.3.3 U.S.
                            5.3.3.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                            5.3.3.2 Market estimates & forecast by application, 2014 - 2024 (Kilogram) (USD Thousand)
                    5.4 Europe
                       5.4.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                       5.4.2 Market estimates & forecast by application, 2014 - 2024 (Kilogram) (USD Thousand)
                       5.4.3 Germany
                            5.4.3.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                            5.4.3.2 Market estimates & forecast by application, 2014 - 2024 (Kilogram) (USD Thousand)
                       5.4.4 France
                            5.4.4.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                            5.4.4.2 Market estimates & forecast by application, 2014 - 2024 (Kilogram) (USD Thousand)
                    5.5 Asia Pacific
                       5.5.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                       5.5.2 Market estimates & forecast by application, 2014 - 2024 (Kilogram) (USD Thousand)
                       5.5.3 Japan
                            5.5.3.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                            5.5.3.2 Market estimates & forecast by application, 2014 - 2024 (Kilogram) (USD Thousand)
                    5.6 Latin America
                       5.6.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                       5.6.2 Market estimates & forecast by application, 2014 - 2024 (Kilogram) (USD Thousand)
                    5.7 Middle East & Africa (MEA)
                       5.7.1 Market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
                       5.7.2 Market estimates & forecast by application, 2014 - 2024 (Kilogram) (USD Thousand)
Chapter 6 Octadecenedioic Acid Potential Market
                    6.1 Introduction
                    6.2 Total addressable market
                    6.3 Potential applications
                       6.3.1 Emollients
                       6.3.2 Anti-inflammatory agents
                       6.3.3 Dermatological products
                       6.3.4 Hair care products
                       6.3.5 Anti-aging products
Chapter 7 Competitive Landscape
                    7.1 BASF
                       7.1.1 Company overview
                       7.1.2 Financial performance
                       7.1.3 Product benchmarking
                    7.2 Elevance Renewable Sciences, Inc.
                       7.2.1 Company overview
                       7.2.2 Product benchmarking
                       7.2.3 Strategic initiatives
                    7.3 Croda International plc
                       7.3.1 Company overview
                       7.3.2 Financial performance
                       7.3.3 Product benchmarking
                    7.4 Cathay Industrial Biotech Ltd.
                       7.4.1 Company overview
                       7.4.2 Product benchmarking
                       7.4.3 Strategic initiatives
                    7.5 TCI America
                       7.5.1 Company overview
                       7.5.2 Product benchmarking
                       7.5.3 Strategic initiatives

List of Tables

TABLE 1 Octadecanedioic acid - Key market driver impact
TABLE 2 Octadecanedioic acid - Key market restraints impact
TABLE 3 Octadecanedioic acid IP landscape
TABLE 4 Octadecanedioic acid competitive heat map analysis
TABLE 5 Octadecanedioic acid market volume estimates & forecast by application, 2014 - 2024 (Kilogram)
TABLE 6 Octadecanedioic acid market revenue estimates & forecast by application, 2014 - 2024 (USD Thousand)
TABLE 7 ODDA market estimates & forecast from polyester polyols, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 8 ODDA market volume estimates & forecast from polyester polyols, by region, 2014 - 2024 (Kilogram)
TABLE 9 ODDA market revenue estimates & forecast from polyester polyols, by region, 2014 - 2024 (USD Thousand)
TABLE 10 ODDA market estimates & forecast from cosmetics, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 11 ODDA market volume estimates & forecast from cosmetics, by region, 2014 - 2024 (Kilogram)
TABLE 12 ODDA market revenue estimates & forecast from cosmetics, by region, 2014 - 2024 (USD Thousand)
TABLE 13 ODDA market estimates & forecast from powder coatings, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 14 ODDA market volume estimates & forecast from powder coatings, by region, 2014 - 2024 (Kilogram)
TABLE 15 ODDA market revenue estimates & forecast from powder coatings, by region, 2014 - 2024 (USD Thousand)
TABLE 16 ODDA market estimates & forecast from lubricating oils, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 17 ODDA market volume estimates & forecast from lubricating oils, by region, 2014 - 2024 (Kilogram)
TABLE 18 ODDA market revenue estimates & forecast from lubricating oils, by region, 2014 - 2024 (USD Thousand)
TABLE 19 ODDA market estimates & forecast from others, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 20 ODDA market volume estimates & forecast from others, by region, 2014 - 2024 (Kilogram)
TABLE 21 ODDA market revenue estimates & forecast from others, by region, 2014 - 2024 (USD Thousand)
TABLE 22 ODDA volume estimates & forecast by region, 2014 - 2024 (Kilogram)
TABLE 23 ODDA revenue estimates & forecast by region, 2014 - 2024 (USD Thousand)
TABLE 24 North America ODDA market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 25 North America ODDA market volume by application, 2014 - 2024 (Kilogram)
TABLE 26 North America ODDA market revenue by application, 2014 - 2024 (USD Thousand)
TABLE 27 U.S. ODDA market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 28 U.S. ODDA market volume by application, 2014 - 2024 (Kilogram)
TABLE 29 U.S. ODDA market revenue by application, 2014 - 2024 (USD Thousand)
TABLE 30 Europe ODDA market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 31 Europe ODDA market volume by application, 2014 - 2024 (Kilogram)
TABLE 32 Europe ODDA market revenue by application, 2014 - 2024 (USD Thousand)
TABLE 33 Germany ODDA market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 34 Germany ODDA market volume by application, 2014 - 2024 (Kilogram)
TABLE 35 Germany ODDA market revenue by application, 2014 - 2024 (USD Thousand)
TABLE 36 France ODDA market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 37 France ODDA market volume by application, 2014 - 2024 (Kilogram)
TABLE 38 France ODDA market revenue by application, 2014 - 2024 (USD Thousand)
TABLE 39 Asia Pacific ODDA market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 40 Asia Pacific ODDA market volume by application, 2014 - 2024 (Kilogram)
TABLE 41 Asia Pacific ODDA market revenue by application, 2014 - 2024 (USD Thousand)
TABLE 42 Japan ODDA market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 43 Japan ODDA market volume by application, 2014 - 2024 (Kilogram)
TABLE 44 Japan ODDA market revenue by application, 2014 - 2024 (USD Thousand)
TABLE 45 Latin America ODDA market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 46 Latin America ODDA market volume by application, 2014 - 2024 (Kilogram)
TABLE 47 Latin America ODDA market revenue by application, 2014 - 2024 (USD Thousand)
TABLE 48 MEA ODDA market estimates & forecast, 2014 - 2024 (Kilogram) (USD Thousand)
TABLE 49 MEA ODDA market volume by application, 2014 - 2024 (Kilogram)
TABLE 50 MEA ODDA market revenue by application, 2014 - 2024 (USD Thousand)
TABLE 51 Total addressable market revenue by application, 2015, (USD Billion)