Octadecanedioic Acid Market Size and Share Forecast 2034
Global Octadecanedioic Acid Market Growth, Size, Trends Analysis - By Application, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jun-2025 | Report ID: CHEM25106 | Pages: 1 - 255 | Formats*: |
| Category : Chemical & Materials | |||
Octadecanedioic Acid Market Introduction and Overview
According to SPER Market Research, the Global Octadecanedioic Acid Market is estimated to reach USD 14.24 billion by 2034 with a CAGR of 4.69%.
The report includes an in-depth analysis of the Global Octadecanedioic Acid Market, including market size and trends, product mix, Applications, and supplier analysis. The Global Octadecanedioic Acid Market was valued at USD XX billion in 2024 and is expected to grow at a CAGR of XX% from 2025 to 2034. Octadecanedioic acid is an important monomer or structural component in the production of high-performance polymers, resins, and polyesters. Its integration improves material qualities such as high melting points, exceptional thermal stability, and chemical resistance. These characteristics make it perfect for applications in harsh settings, such as automotive parts, industrial coatings, and speciality materials that require long-term endurance.
By Application Insights:
The octadecanedioic acid (ODDA) market is divided into several segments based on application, including polyester polyols, lubricants and greases, powder coatings, personal care products, and others. Polyester polyols are a significant segment because ODDA serves as a building block in the creation of high-performance polymers and resins. ODDA is regarded for its ability to improve thermal stability, mechanical strength, and chemical resistance in polymer-based compositions. These qualities make it appropriate for usage in industrial and consumer applications where durability and performance are important, such as coatings, foams, and elastomers across diverse end-use sectors.
By End Use Insights:
The octadecanedioic acid (ODDA) market is divided into five end-use segments: automotive, construction, textiles, cosmetics, and others. Among these, the automobile sector is a primary driver of ODDA demand. This is mostly owing to its use in innovative materials used to make lightweight, durable, and high-performance automotive parts. ODDA-based compounds help improve fuel efficiency, corrosion resistance, and mechanical strength. Furthermore, its significance in the development of speciality coatings, lubricants, and polymers contributes to its broad use in vehicle manufacturing and maintenance.
Regional Insights:
North America is a significant market, driven by increasing demand in the automotive, aerospace, and personal care industries. The existence of significant chemical manufacturers, as well as advances in polymer technology, help to drive growth. Environmental rules also promote the use of bio-based and high-performance materials, such as ODDA. Europe is experiencing steady growth as a result of sustainability goals and a shift towards environmentally friendly and durable materials. ODDA's uses in coatings, lubricants, and cosmetics are consistent with EU rules supporting green chemistry and low-emission products.
Market Competitive Landscape:
Global Octadecanedioic Acid Market is dominated by established players such as BASF SE, Croda International Plc, Dupont de Nemours, Inc., Evonik Industries AG, Haihang Industry Co., Ltd., Hangzhou Dayangchem Co. Ltd., Invista, Lianyungang Ningkang Chem Co., Ltd., Santa Cruz Biotechnology, Inc., Solvay S.A., as well as a number of small and medium-sized companies. These market participants compete fiercely, with some operating in multiple locations and having significant consumer bases. Furthermore, the market is consolidated, with a few large-scale vendors owning the majority of the market. Leading corporations have invested much in thorough research and development, largely to create more cutting-edge products.
Recent Developments:
BASF declared on March 22, 2023, that the procedure at its North American plant in Geismar was artificial owing to an unanticipated equipment breakdown in the MDI unit.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Application, By End Use |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | BASF SE, Croda International Plc, Dupont de Nemours, Inc., Evonik Industries AG, Haihang Industry Co., Ltd., Hangzhou Dayangchem Co. Ltd., Invista, Lianyungang Ningkang Chem Co., Ltd., Santa Cruz Biotechnology, Inc |
- Global Octadecanedioic Acid Market Size (FY 2021-FY 2034)
- Overview of Global Octadecanedioic Acid Market
- Segmentation of Global Octadecanedioic Acid Market by Application (Polyester Polyols, Lubricants and Greases, Powder Coatings, Personal Care Products, Others)
- Segmentation of Global Octadecanedioic Acid Market by End Use (Automotive, Construction, Textiles, Cosmetics, Others)
- Statistical Snap of Global Octadecanedioic Acid Market
- Expansion Analysis of Global Octadecanedioic Acid Market
- Problems and Obstacles in Global Octadecanedioic Acid Market
- Competitive Landscape in the Global Octadecanedioic Acid Market
- Details on Current Investment in Global Octadecanedioic Acid Market
- Competitive Analysis of Global Octadecanedioic Acid Market
- Prominent Players in the Global Octadecanedioic Acid Market
- SWOT Analysis of Global Octadecanedioic Acid Market
- Global Octadecanedioic Acid Market Future Outlook and Projections (FY 2025-FY 2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Octadecanedioic Acid Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Octadecanedioic Acid Market
7. Global Octadecanedioic Acid Market, By Application (USD Million) 2021-2034
- 7.1. Polyester Polyols
- 7.2. Lubricants and Greases
- 7.3. Powder Coatings
- 7.4. Personal Care Products
- 7.5. Others
8. Global Octadecanedioic Acid Market, By End-Use (USD Million) 2021-2034
- 8.1. Automotive
- 8.2. Construction
- 8.3. Textiles
- 8.4. Cosmetics
- 8.5. Others
9. Global Octadecanedioic Acid Market, (USD Million) 2021-2034
- 9.1. Global Octadecanedioic Acid Market Size and Market Share
10. Global Octadecanedioic Acid Market, By Region, (USD Million) 2021-2034
- 10.1. Asia-Pacific
- 10.1.1. Australia
- 10.1.2. China
- 10.1.3. India
- 10.1.4. Japan
- 10.1.5. South Korea
- 10.1.6. Rest of Asia-Pacific
- 10.2. Europe
- 10.2.1. France
- 10.2.2. Germany
- 10.2.3. Italy
- 10.2.4. Spain
- 10.2.5. United Kingdom
- 10.2.6. Rest of Europe
- 10.3. Middle East and Africa
- 10.3.1. Kingdom of Saudi Arabia
- 10.3.2. United Arab Emirates
- 10.3.3. Qatar
- 10.3.4. South Africa
- 10.3.5. Egypt
- 10.3.6. Morocco
- 10.3.7. Nigeria
- 10.3.8. Rest of Middle-East and Africa
- 10.4. North America
- 10.4.1. Canada
- 10.4.2. Mexico
- 10.4.3. United States
- 10.5. Latin America
- 10.5.1. Argentina
- 10.5.2. Brazil
- 10.5.3. Rest of Latin America
11. Company Profile
- 11.1. BASF SE
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. Croda International Plc
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. Dupont de Nemours, Inc.
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. Evonik Industries AG
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. Haihang Industry Co., Ltd.
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. Hangzhou Dayangchem Co. Ltd.
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. Invista
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. J&K Scientific Ltd.
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. Lianyungang Ningkang Chem Co., Ltd.
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. Santa Cruz Biotechnology, Inc.
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
- 11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Octadecanedioic Acid Market is projected to reach USD 14.24 billion by 2034, growing at a CAGR of of 4.69% during the forecast period.
Octadecanedioic Acid Market grew in Market size from 2025. The Market is expected to reach USD 14.24 billion by 2034, at a CAGR of 4.69% during the forecast period.
Octadecanedioic Acid Market CAGR of 4.69% during the forecast period.
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Octadecanedioic Acid Market size is USD 14.24 billion from 2025 to 2034.
Octadecanedioic Acid Market is covered By Application, By End Use
The North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa is the highest Market share in the Octadecanedioic Acid Market .
BASF SE, Croda International Plc, Dupont de Nemours, Inc., Evonik Industries AG, Haihang Industry Co., Ltd., Hangzhou Dayangchem Co.
The report includes an in-depth analysis of the Global Octadecanedioic Acid Market, including market size and trends, product mix, Applications, and supplier analysis.
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