Dodecanedioic acid is a dibasic acid, which appears as a white solid substance. It can be manufactured either synthetically or bio-technologically. The synthetic chemicals used for manufacturing dodecanedioic acid are cyclododecane, dodecyl alcohol, 1-3-butadiene, and hydrogen peroxide. The bio-based manufacturing process uses paraffin wax and yeast to prepare dodecanedioic acid. The dodecanedioic acid is segmented based on applications, such as resins, powder coatings, adhesives, lubricants, and others.
Increasing focus towards bio-based dodecanedioic acid will be one of the latest trends that will gain traction in the dodecanedioic acid market during the next four years. The stringent government regulations on petroleum-based products has led many companies to use bio-based resources, as an alternative, in the production of dodecanedioic acid. For instance, one of the key manufacturers verdezyne an agreement with Bio X Cell according to which the company plans to manufacture nearly 30 million pounds of bio-based renewable dodecanedioic acid on a yearly basis
Owing to the presence of several global and local manufacturers, this market appears to be highly competitive. The manufacturers in the market are competing based on technology, availability of raw material, and price. The wide applications and the investments by the manufacturers to manufacture bio-based dodecanedioic acid will promote the growth of the dodecanedioic acid market. The
The Global Dodecanedioic Acid Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Dodecanedioic Acid Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
BEYO Chemical
Cathay Industrial Biotech
Evonik Industries
UBE INDUSTRIES
Verdezyne
Merck
Nantong Senos Biotechnology
Santa Cruz Biotechnology
Zibo Guantong Chemical

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Synthetic production
Biotech production

In Market segmentation by applications :
Resins
Powder coatings
Adhesives
Lubricants

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Dodecanedioic Acid Market for the forecast period 2023-2030?
• What are the driving forces in the Dodecanedioic Acid Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Dodecanedioic Acid industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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