Dodecanedioic Acid Market Size

  • Report ID: 4328
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Dodecanedioic Acid Market Size

Dodecanedioic Acid Market size was valued at USD 679.4 million in 2024 and is likely to reach USD 1.45 billion by the end of 2037, registering around 6.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of dodecanedioic acid is assessed at USD 712.55 million. 

The growth of the market can be attributed to the boom in the manufacturing industry, owing to its great usage in varied processes. In the latest reports, the manufacturing industry in the United States was expected to be worth approximately USD 6 trillion in 2022. Rising urbanization across the world along with a growing number of industries owing to modernization is estimated to increase the growth of the manufacturing sector. The manufacturing sector includes the production of various goods and services. The rising disposable income of people spend on buying these manufactured goods is anticipated to drive the growth of dodecanedioic acid in the coming years. Dodecanedioic acid is used in many manufacturing industries including paints, coatings, adhesives, lubricants, and nylon manufacturing.  

Dodecanedioic acid is being highly utilized in the manufacturing of cosmetics, lubricants, fragrances, toothbrushes, and pharmaceuticals among others, and growing demand for manufacturing resin is anticipated to influence the market in a positive way. Thus, the increase in the number of manufacturing businesses across the world is expected to bring lucrative opportunities for the key players in the global dodecanedioic acid market in the assessment period. In 2022, it was projected that the number of businesses in the manufacturing industry of the United States counted to be 638,590 in total. The pharmaceutical industry is rising industry across the world owing to the increasing incidence of diseases and the occurrence of COVID-19 in 2019. The internet penetration and awareness of early diagnosis made people more concerned about their health. All these factors influence the growth of the pharmaceutical sector and in turn the use of dodecanedioic acid market growth during the forecast period.


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Author Credits:  Rajrani Baghel


  • Report ID: 4328
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of dodecanedioic acid is assessed at USD 712.55 million.

The dodecanedioic acid market size was valued at USD 679.4 million in 2024 and is likely to reach USD 1.45 billion by the end of 2037, registering around 6.2% CAGR during the forecast period i.e., between 2025-2037. The expansion of the manufacturing industry along with the high utilization of dodecanedioic acid in other end-use industries will impel the market growth.

Asia Pacific is poised to account for largest industry share by 2037, owing to rising support from the governments in the region to expand the chemical industry.

The major players in the market include Evonik Industries AG, Koch Industries, Inc., Santa Cruz Biotechnology, Inc., UBE Corporation, Zibo Guangcheng Chemical Co., Ltd, Merck Group, Chemceed, BASF, The Dow Chemical Company.
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