Product Code: ETC13136009 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Octadecanedioic Acid Market was valued at USD 0.2 Billion in 2024 and is expected to reach USD 0.33 Billion by 2031, growing at a compound annual growth rate of 8.20% during the forecast period (2025-2031).
The global octadecanedioic acid market is experiencing steady growth due to its increasing applications in various industries such as cosmetics, pharmaceuticals, and polymers. Octadecanedioic acid, also known as Dodecanedioic acid, is widely used as a corrosion inhibitor, plasticizer, and monomer in the production of nylon. The rising demand for bio-based and sustainable chemicals is driving the market growth, as octadecanedioic acid can be derived from renewable sources such as castor oil. Additionally, the growing awareness about the benefits of using eco-friendly chemicals is further propelling the market expansion. Key players in the global octadecanedioic acid market are focusing on research and development activities to enhance product quality and expand their product portfolios to cater to the increasing demand from various end-user industries.
The Global Octadecanedioic Acid Market is experiencing growth due to increasing demand in various industries such as cosmetics, polymers, and lubricants. The rising awareness about the benefits of octadecanedioic acid, such as its moisturizing and anti-aging properties in skincare products, is driving its market growth. Additionally, the growing emphasis on sustainable and eco-friendly products is creating opportunities for bio-based octadecanedioic acid derived from renewable sources. The market is also witnessing innovations in product formulations and applications, leading to a wider range of end-use industries adopting octadecanedioic acid. Overall, the Global Octadecanedioic Acid Market is poised for expansion driven by its versatile applications and the increasing consumer preference for natural and sustainable ingredients.
The Global Octadecanedioic Acid Market faces several challenges, including limited awareness about its benefits and applications among end-users, high production costs due to the complex manufacturing process involved, and fluctuating prices of raw materials such as castor oil, which is a primary source of octadecanedioic acid. Additionally, the lack of standardized regulations and quality control measures in some regions can hinder market growth and adoption. Competition from alternative products and the need for continuous innovation to develop more cost-effective production methods are also significant challenges faced by the industry. Overcoming these obstacles will require strategic marketing efforts to educate consumers, investments in research and development for process optimization, and collaborations with key stakeholders to establish consistent quality standards.
The global Octadecanedioic Acid market is primarily driven by the increasing demand for bio-based and sustainable products across various end-use industries such as cosmetics, pharmaceuticals, and polymers. Octadecanedioic acid, also known as C18 diacid, is gaining popularity as a versatile intermediate chemical used in the production of specialty polymers, resins, and coatings due to its unique properties such as high thermal stability and corrosion resistance. Additionally, growing awareness about the environmental impact of traditional petrochemical-based products is driving the shift towards bio-based alternatives like Octadecanedioic acid, which is derived from renewable sources. The market is also propelled by advancements in production technologies, expanding application scope, and increasing research and development activities aimed at enhancing the performance characteristics of Octadecanedioic acid in various applications.
Government policies related to the Global Octadecanedioic Acid Market vary by country and region. In general, regulatory bodies such as the Environmental Protection Agency (EPA) in the United States and the European Chemicals Agency (ECHA) in the European Union oversee the registration, evaluation, and authorization of octadecanedioic acid to ensure its safe use in various applications. These agencies set guidelines for the handling, storage, and disposal of octadecanedioic acid to protect human health and the environment. Additionally, trade policies and tariffs may impact the import and export of octadecanedioic acid between countries, influencing market dynamics. Companies operating in this market must adhere to these government regulations to maintain compliance and ensure the sustainable growth of the Global Octadecanedioic Acid Market.
The Global Octadecanedioic Acid Market is expected to witness steady growth in the coming years, driven by the increasing demand for bio-based and sustainable products across various industries such as coatings, lubricants, and textiles. The growing awareness about environmental sustainability and the shift towards green chemistry practices are likely to further boost the market growth. Additionally, the rising investments in research and development activities to enhance the properties and applications of octadecanedioic acid are anticipated to create new opportunities for market expansion. However, factors such as fluctuating raw material prices and regulatory challenges related to product approvals may pose challenges to market growth. Overall, the market is projected to experience a positive trajectory, supported by the increasing adoption of bio-based chemicals and the ongoing innovation in product development.
In the global Octadecanedioic Acid market, Asia is expected to witness significant growth due to the presence of major manufacturing hubs in countries like China and India. North America is projected to hold a substantial market share attributed to the growing demand for bio-based products in the region. Europe is likely to witness steady growth driven by increasing investments in research and development activities. The Middle East and Africa region is anticipated to experience moderate growth owing to the expanding chemical industry in countries like Saudi Arabia and South Africa. Latin America is also expected to show promising growth prospects due to the rising demand for sustainable chemicals in countries like Brazil and Mexico. Overall, the global Octadecanedioic Acid market is poised for growth across all regions with varying degrees of opportunities and challenges.
Global Octadecanedioic Acid Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Octadecanedioic Acid Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Octadecanedioic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Global Octadecanedioic Acid Market - Industry Life Cycle |
3.4 Global Octadecanedioic Acid Market - Porter's Five Forces |
3.5 Global Octadecanedioic Acid Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Octadecanedioic Acid Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.7 Global Octadecanedioic Acid Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Global Octadecanedioic Acid Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.9 Global Octadecanedioic Acid Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.10 Global Octadecanedioic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Octadecanedioic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Octadecanedioic Acid Market Trends |
6 Global Octadecanedioic Acid Market, 2021 - 2031 |
6.1 Global Octadecanedioic Acid Market, Revenues & Volume, By Process, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Octadecanedioic Acid Market, Revenues & Volume, By Microbial Fermentation, 2021 - 2031 |
6.1.3 Global Octadecanedioic Acid Market, Revenues & Volume, By Metathesis, 2021 - 2031 |
6.2 Global Octadecanedioic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Octadecanedioic Acid Market, Revenues & Volume, By Manufactured By Petrochemical, 2021 - 2031 |
6.2.3 Global Octadecanedioic Acid Market, Revenues & Volume, By Manufactured By Biotechnological, 2021 - 2031 |
6.3 Global Octadecanedioic Acid Market, Revenues & Volume, By Usage, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Octadecanedioic Acid Market, Revenues & Volume, By Monomer and Additive, 2021 - 2031 |
6.3.3 Global Octadecanedioic Acid Market, Revenues & Volume, By Coating, Reactive Diluent, 2021 - 2031 |
6.3.4 Global Octadecanedioic Acid Market, Revenues & Volume, By Toners/Ink, 2021 - 2031 |
6.3.5 Global Octadecanedioic Acid Market, Revenues & Volume, By Ingredient, 2021 - 2031 |
6.4 Global Octadecanedioic Acid Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Octadecanedioic Acid Market, Revenues & Volume, By Automobile, 2021 - 2031 |
6.4.3 Global Octadecanedioic Acid Market, Revenues & Volume, By Industrial, 2021 - 2031 |
6.4.4 Global Octadecanedioic Acid Market, Revenues & Volume, By Medical, 2021 - 2031 |
6.4.5 Global Octadecanedioic Acid Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.4.6 Global Octadecanedioic Acid Market, Revenues & Volume, By Food Service, 2021 - 2031 |
6.4.7 Global Octadecanedioic Acid Market, Revenues & Volume, By Textiles, 2021 - 2031 |
6.4.8 Global Octadecanedioic Acid Market, Revenues & Volume, By Cosmetics, 2021 - 2031 |
6.4.9 Global Octadecanedioic Acid Market, Revenues & Volume, By Others, 2021 - 2031 |
6.5 Global Octadecanedioic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Octadecanedioic Acid Market, Revenues & Volume, By Polyester Polyols, 2021 - 2031 |
6.5.3 Global Octadecanedioic Acid Market, Revenues & Volume, By Cosmetics, 2021 - 2031 |
6.5.4 Global Octadecanedioic Acid Market, Revenues & Volume, By Powder Coating, 2021 - 2031 |
6.5.5 Global Octadecanedioic Acid Market, Revenues & Volume, By Lubricant Oils, 2021 - 2031 |
6.5.6 Global Octadecanedioic Acid Market, Revenues & Volume, By Corrosion Inhibitors, 2021 - 2031 |
6.5.7 Global Octadecanedioic Acid Market, Revenues & Volume, By Epoxy Curing, 2021 - 2031 |
6.5.8 Global Octadecanedioic Acid Market, Revenues & Volume, By Reactive Coating, 2021 - 2031 |
6.5.9 Global Octadecanedioic Acid Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Octadecanedioic Acid Market, Overview & Analysis |
7.1 North America Octadecanedioic Acid Market Revenues & Volume, 2021 - 2031 |
7.2 North America Octadecanedioic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Octadecanedioic Acid Market, Revenues & Volume, By Process, 2021 - 2031 |
7.4 North America Octadecanedioic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
7.5 North America Octadecanedioic Acid Market, Revenues & Volume, By Usage, 2021 - 2031 |
7.6 North America Octadecanedioic Acid Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
7.7 North America Octadecanedioic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Octadecanedioic Acid Market, Overview & Analysis |
8.1 Latin America (LATAM) Octadecanedioic Acid Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Octadecanedioic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Octadecanedioic Acid Market, Revenues & Volume, By Process, 2021 - 2031 |
8.4 Latin America (LATAM) Octadecanedioic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
8.5 Latin America (LATAM) Octadecanedioic Acid Market, Revenues & Volume, By Usage, 2021 - 2031 |
8.6 Latin America (LATAM) Octadecanedioic Acid Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
8.7 Latin America (LATAM) Octadecanedioic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Octadecanedioic Acid Market, Overview & Analysis |
9.1 Asia Octadecanedioic Acid Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Octadecanedioic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Octadecanedioic Acid Market, Revenues & Volume, By Process, 2021 - 2031 |
9.4 Asia Octadecanedioic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
9.5 Asia Octadecanedioic Acid Market, Revenues & Volume, By Usage, 2021 - 2031 |
9.6 Asia Octadecanedioic Acid Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
9.7 Asia Octadecanedioic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Octadecanedioic Acid Market, Overview & Analysis |
10.1 Africa Octadecanedioic Acid Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Octadecanedioic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Octadecanedioic Acid Market, Revenues & Volume, By Process, 2021 - 2031 |
10.4 Africa Octadecanedioic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
10.5 Africa Octadecanedioic Acid Market, Revenues & Volume, By Usage, 2021 - 2031 |
10.6 Africa Octadecanedioic Acid Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
10.7 Africa Octadecanedioic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Octadecanedioic Acid Market, Overview & Analysis |
11.1 Europe Octadecanedioic Acid Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Octadecanedioic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Octadecanedioic Acid Market, Revenues & Volume, By Process, 2021 - 2031 |
11.4 Europe Octadecanedioic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
11.5 Europe Octadecanedioic Acid Market, Revenues & Volume, By Usage, 2021 - 2031 |
11.6 Europe Octadecanedioic Acid Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
11.7 Europe Octadecanedioic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Octadecanedioic Acid Market, Overview & Analysis |
12.1 Middle East Octadecanedioic Acid Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Octadecanedioic Acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Octadecanedioic Acid Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Octadecanedioic Acid Market, Revenues & Volume, By Process, 2021 - 2031 |
12.4 Middle East Octadecanedioic Acid Market, Revenues & Volume, By Type, 2021 - 2031 |
12.5 Middle East Octadecanedioic Acid Market, Revenues & Volume, By Usage, 2021 - 2031 |
12.6 Middle East Octadecanedioic Acid Market, Revenues & Volume, By End-Use Industry, 2021 - 2031 |
12.7 Middle East Octadecanedioic Acid Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Octadecanedioic Acid Market Key Performance Indicators |
14 Global Octadecanedioic Acid Market - Export/Import By Countries Assessment |
15 Global Octadecanedioic Acid Market - Opportunity Assessment |
15.1 Global Octadecanedioic Acid Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Octadecanedioic Acid Market Opportunity Assessment, By Process, 2021 & 2031F |
15.3 Global Octadecanedioic Acid Market Opportunity Assessment, By Type, 2021 & 2031F |
15.4 Global Octadecanedioic Acid Market Opportunity Assessment, By Usage, 2021 & 2031F |
15.5 Global Octadecanedioic Acid Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
15.6 Global Octadecanedioic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Octadecanedioic Acid Market - Competitive Landscape |
16.1 Global Octadecanedioic Acid Market Revenue Share, By Companies, 2024 |
16.2 Global Octadecanedioic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |