Long Chain Dicarboxylic Acid Market Size, Trends and Insights By Application (Nylon, Powder Coatings, Lubricants, Adhesives, Pharmaceuticals, Corrosion Inhibitors, Others), By Properties (Heat Resistance, Durability, Strength), By End-Use Industry (Automotive, Textiles, Coatings, Electronics, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Reports Description
As per the current market research conducted by the CMI Team, the global Long Chain Dicarboxylic Acid Market is expected to record a CAGR of 7.2% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 344.6 Million. By 2033, the valuation is anticipated to reach USD 644.4 Million.
The Long Chain Dicarboxylic Acid (LCDA) market revolves around specialized chemicals used in various industrial applications. LCDA, comprising molecules with long carbon chains and two carboxylic acid groups, is found to be extensively used in manufacturing nylon polymers, coatings, adhesives, and corrosion inhibitors. Key industries driving demand include automotive, textiles, electronics, and construction.
Market growth is propelled by innovations in production technologies, increasing adoption of eco-friendly materials, and stringent regulatory requirements promoting sustainable practices. Geographically, North America, Europe, and Asia Pacific dominate consumption, supported by robust industrial sectors and a strong emphasis on product quality and performance.
Long Chain Dicarboxylic Acid Market – Significant Growth Factors
The Long Chain Dicarboxylic Acid Market presents significant growth opportunities due to several factors:
- Growing Demand from Nylon Production: LCDAs are crucial for synthesising nylon polymers used extensively in textiles, automotive components, and industrial applications, driving steady market demand.
- Expanding Applications in Coatings and Adhesives: The increasing adoption of LCDA in high-performance coatings, adhesives, and sealants due to their superior chemical resistance and durability is boosting market growth.
- Emphasis on Sustainable Solutions: Rising environmental concerns and regulatory pressures are prompting industries to adopt LCDA for their eco-friendly properties and recyclability, supporting market expansion.
- Technological Advancements in Production: Ongoing advancements in LCDA production technologies, such as improved catalytic processes and renewable feedstock utilization, are enhancing efficiency and lowering production costs.
- Expansion in Emerging Economies: Rapid industrialization in emerging economies presents opportunities for LCDA manufacturers to expand their market presence and cater to growing industrial sectors.
- Development of Novel Applications: Innovating new applications for LCDA in sectors like renewable energy, electronics, and healthcare offers avenues for market diversification and revenue growth.
- Focus on Biobased and Renewable Sources: Increasing interest in biobased LCDA derived from renewable feedstocks offers opportunities to tap into sustainable markets and meet consumer preferences for environmentally friendly products.
Long Chain Dicarboxylic Acid Market – Mergers and Acquisitions
The Long Chain Dicarboxylic Acid Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Long Chain Dicarboxylic Acid Market include:
- In 2023, Cathay Biotech Inc. secured additional funding and formed a strategic partnership with China Merchants Group (CMG). CMG plans to purchase a minimum of 10,000 tons of bio-based polyamides from Cathay in 2023, signaling a substantial advancement in the bio-based materials market for both entities.
- In 2023, DuPont entered into a definitive agreement to acquire Spectrum Plastics Group from AEA Investors. This acquisition aims to strengthen DuPont’s portfolio in packaging, biopharma & pharma processing, and medical devices, solidifying its presence in the healthcare market.
- In 2022, INVISTA launched the Asia Innovation Center at the Shanghai International Chemical New Materials Innovation Center (INNOGREEN) at SCIP. This state-of-the-art facility focuses on meeting the application demands of engineering polymers in key sectors such as automotive and electrical & electronics.
These mergers and acquisitions helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Long Chain Dicarboxylic Acid Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
| Long Chain Dicarboxylic Acid Market | Adipic Acid Market | Formic Acid Market |
| CAGR 7.2% (Approx) | CAGR 3.67% (Approx) | CAGR 9.53% (Approx) |
| USD 644.4 Million by 2033 | USD 6.99 Billion by 2033 | USD 5,240 Million by 2033 |
Long Chain Dicarboxylic Acid Market – Significant Threats
The Long Chain Dicarboxylic Acid Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Fluctuating Raw Material Costs: Volatility in the prices of raw materials used in LCDA production, such as petrochemicals and renewable feedstocks, can impact profit margins and competitiveness.
- Regulatory Challenges: Stringent environmental regulations and evolving compliance requirements may increase operational costs and restrict market access for LCDA manufacturers, particularly regarding emissions and waste management.
- Substitute Products and Technologies: Competing materials and alternative technologies, including bio-based alternatives and other specialty chemicals, pose a threat by offering comparable performance characteristics or cost advantages.
- Economic Uncertainty: Global economic downturns or regional recessions can lead to reduced consumer spending and industrial output, dampening demand for LCDA across key end-use industries.
- Technological Disruptions: Rapid advancements in production technologies or disruptive innovations in materials science could render existing LCDA manufacturing processes obsolete or less competitive, requiring continual adaptation and investment in R&D.
Category-Wise Insights
By Application:
- Nylon: LCDA are essential in nylon synthesis, providing durability and flexibility to fibers used in textiles, automotive components, and industrial applications. Growing demand for lightweight and high-performance materials is driving innovation in LCDA production methods and applications.
- Powder Coatings: LCDA contributes to the formulation of powder coatings known for their durability and resistance to chemicals and weathering. Increasing adoption in the construction, automotive, and electronics sectors is boosting market growth for powder coatings.
- Lubricants: In lubricants, LCDA acts as intermediates to enhance viscosity and thermal stability, meeting stringent performance requirements in automotive and industrial applications. Demand is rising for eco-friendly lubricants, prompting research into biobased LCDA alternatives.
- Adhesives: LCDA serve as building blocks in high-performance adhesives and sealants, offering superior bonding strength and durability. The shift towards lightweight materials and sustainable construction practices is fueling growth in the LCDA adhesives segment.
- Pharmaceuticals: LCDA are utilized in pharmaceutical formulations for their chemical stability and compatibility with active ingredients. Advances in drug delivery systems and biopharmaceuticals are driving demand for LCDA in pharmaceutical applications.
- Corrosion Inhibitors: LCDA acts as corrosion inhibitors by forming protective coatings on metal surfaces, enhancing durability in automotive, marine, and infrastructure sectors. Market growth is driven by increasing investments in infrastructure and stringent regulatory standards for corrosion protection.
- Others: Beyond traditional applications, LCDA find niche uses in specialty chemicals, personal care products, and food additives, driven by innovations in sustainable materials and consumer demand for environmentally friendly solutions.
By Properties
- Heat Resistance: Long Chain Dicarboxylic Acids (LCDA) exhibit excellent heat resistance, making them ideal for applications in high-temperature environments such as automotive under-the-hood components and industrial coatings. The market trend emphasizes continuous improvement in heat stability to meet stringent performance requirements across various sectors, including aerospace and electronics.
- Durability: LCDA are valued for their exceptional durability, providing robustness in coatings, adhesives, and fibers used in construction and automotive industries. Market trends focus on enhancing durability through advanced formulations and production techniques, meeting the growing demand for long-lasting and sustainable materials in modern infrastructure and consumer goods.
- Strength: Known for their strength, LCDA are essential in producing high-performance materials like nylon fibers and specialty plastics. The market trend includes innovations in molecular design and reinforcement techniques to optimize strength properties, catering to diverse applications in engineering plastics, composites, and industrial components.
By End Use Industry
- Automotive: LCDA are used in automotive applications for manufacturing durable components like engine parts and interior materials. Trends include increasing demand for lightweight materials to improve fuel efficiency and reduce emissions, driving the adoption of LCDA-based polymers and coatings.
- Textiles: In textiles, LCDA are essential for producing nylon fibers known for their strength and elasticity. The trend towards sustainable fashion and durable materials continues to boost demand for LCDA in textile manufacturing.
- Coatings: LCDA enhances the performance of coatings by providing excellent chemical resistance and durability. The market trend involves a growing demand for high-performance coatings in construction, automotive, and industrial applications, driving the adoption of LCDA-based formulations.
- Electronics: Used in electronics for insulation and protective coatings, LCDA contribute to enhancing the performance and longevity of electronic components. Trends focus on miniaturization and lightweight materials in electronics, increasing the use of LCDA in specialized applications.
- Others: LCDA finds applications in diverse sectors such as aerospace, healthcare, and renewable energy. Opportunities include developing novel applications in bioplastics, renewable energy storage, and pharmaceuticals, driven by innovation in LCDA production and sustainable solutions.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 344.6 Million |
| Projected Market Size in 2033 | USD 644.4 Million |
| Market Size in 2023 | USD 321.5 Million |
| CAGR Growth Rate | 7.2% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Application, Properties, End-Use Industry and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Long Chain Dicarboxylic Acid Market – Regional Analysis
The Long Chain Dicarboxylic Acid Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: In North America, the trend revolves around stringent environmental regulations pushing for sustainable practices. There is a growing demand for LCDA in automotive lightweighting and high-performance coatings, driven by technological innovations and investments in renewable feedstocks.
- Europe: Europe emphasizes circular economy principles, fostering a shift towards bio-based LCDA and eco-friendly materials. The market trend includes increasing adoption of textiles and stringent regulations promoting recyclability in coatings and adhesives, supported by government incentives for sustainable manufacturing.
- Asia-Pacific: Asia-Pacific leads in industrial expansion, driving robust demand for LCDA in automotive and electronics sectors. The trend focuses on technological advancements in production processes, coupled with rising investments in infrastructure and urbanization, boosting market growth for high-performance materials.
- LAMEA (Latin America, Middle East, and Africa): LAMEA regions are seeing a surge in construction and automotive industries, stimulating demand for LCDA in coatings and adhesives. The trend includes growing investments in infrastructure development and increasing adoption of advanced materials to meet infrastructure demands, supported by economic growth and urbanization.
Competitive Landscape – Long Chain Dicarboxylic Acid Market
The Long Chain Dicarboxylic Acid Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:
- Invista S.à r.l.
- BASF SE
- Dupont de Nemours Inc.
- Cathay Industrial Biotech Ltd.
- Toyobo Co. Ltd.
- Evonik Industries AG
- Santa Cruz Biotechnology Inc.
- Shandong Hilead Biotechnology Co. Ltd.
- Lianyungang JTD Chemical Industry Co. Ltd.
- Henan Tianfu Chemical Co. Ltd.
- Haihang Industry Co. Ltd.
- Sigma-Aldrich Co. LLC
- Wuhan Rison Trading Co. Ltd.
- Cabb Chemicals
- Hangzhou Dayangchem Co, Ltd.
- Others
These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.
New entrants like start-ups and smaller chemical companies are adopting innovations such as biobased LCDA production and advanced recycling technologies to penetrate the market. These players focus on sustainable practices and novel applications to differentiate themselves and gain market share. By leveraging R&D investments and strategic partnerships, they aim to meet evolving industry demands for eco-friendly materials and technological advancements.
Established leaders like BASF, Dupont, and Invista dominate the LCDA market through extensive R&D capabilities, global presence, and diversified product portfolios. These companies leverage economies of scale to maintain competitive pricing and quality standards while leading in technological advancements and regulatory compliance. Strategic acquisitions and partnerships further strengthen their market position, enabling them to cater effectively to diverse industrial sectors and capitalize on emerging market opportunities.
The Long Chain Dicarboxylic Acid Market is segmented as follows:
By Application
- Nylon
- Powder Coatings
- Lubricants
- Adhesives
- Pharmaceuticals
- Corrosion Inhibitors
- Others
By Properties
- Heat Resistance
- Durability
- Strength
By End-Use Industry
- Automotive
- Textiles
- Coatings
- Electronics
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Long Chain Dicarboxylic Acid Market, (2024 – 2033) (USD Million)
- 2.2 Global Long Chain Dicarboxylic Acid Market: snapshot
- Chapter 3. Global Long Chain Dicarboxylic Acid Market – Industry Analysis
- 3.1 Long Chain Dicarboxylic Acid Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing Demand from Nylon Production
- 3.2.2 Expanding Applications in Coatings and Adhesives
- 3.2.3 Emphasis on Sustainable Solutions
- 3.2.4 Technological Advancements in Production
- 3.2.5 Expansion in Emerging Economies
- 3.2.6 Development of Novel Applications
- 3.2.7 Focus on Biobased and Renewable Sources.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Application
- 3.7.2 Market Attractiveness Analysis By Properties
- 3.7.3 Market Attractiveness Analysis By End-Use Industry
- Chapter 4. Global Long Chain Dicarboxylic Acid Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Long Chain Dicarboxylic Acid Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Long Chain Dicarboxylic Acid Market – Application Analysis
- 5.1 Global Long Chain Dicarboxylic Acid Market Overview: By Application
- 5.1.1 Global Long Chain Dicarboxylic Acid Market Share, By Application, 2023 and 2033
- 5.2 Nylon
- 5.2.1 Global Long Chain Dicarboxylic Acid Market by Nylon, 2024 – 2033 (USD Million)
- 5.3 Powder Coatings
- 5.3.1 Global Long Chain Dicarboxylic Acid Market by Powder Coatings, 2024 – 2033 (USD Million)
- 5.4 Lubricants
- 5.4.1 Global Long Chain Dicarboxylic Acid Market by Lubricants, 2024 – 2033 (USD Million)
- 5.5 Adhesives
- 5.5.1 Global Long Chain Dicarboxylic Acid Market by Adhesives, 2024 – 2033 (USD Million)
- 5.6 Pharmaceuticals
- 5.6.1 Global Long Chain Dicarboxylic Acid Market by Pharmaceuticals, 2024 – 2033 (USD Million)
- 5.7 Corrosion Inhibitors
- 5.7.1 Global Long Chain Dicarboxylic Acid Market by Corrosion Inhibitors, 2024 – 2033 (USD Million)
- 5.8 Others
- 5.8.1 Global Long Chain Dicarboxylic Acid Market by Others, 2024 – 2033 (USD Million)
- 5.1 Global Long Chain Dicarboxylic Acid Market Overview: By Application
- Chapter 6. Global Long Chain Dicarboxylic Acid Market – Properties Analysis
- 6.1 Global Long Chain Dicarboxylic Acid Market Overview: By Properties
- 6.1.1 Global Long Chain Dicarboxylic Acid Market Share, By Properties, 2023 and 2033
- 6.2 Heat Resistance
- 6.2.1 Global Long Chain Dicarboxylic Acid Market by Heat Resistance, 2024 – 2033 (USD Million)
- 6.3 Durability
- 6.3.1 Global Long Chain Dicarboxylic Acid Market by Durability, 2024 – 2033 (USD Million)
- 6.4 Strength
- 6.4.1 Global Long Chain Dicarboxylic Acid Market by Strength, 2024 – 2033 (USD Million)
- 6.1 Global Long Chain Dicarboxylic Acid Market Overview: By Properties
- Chapter 7. Global Long Chain Dicarboxylic Acid Market – End-Use Industry Analysis
- 7.1 Global Long Chain Dicarboxylic Acid Market Overview: By End-Use Industry
- 7.1.1 Global Long Chain Dicarboxylic Acid Market Share, By End-Use Industry, 2023 and 2033
- 7.2 Automotive
- 7.2.1 Global Long Chain Dicarboxylic Acid Market by Automotive, 2024 – 2033 (USD Million)
- 7.3 Textiles
- 7.3.1 Global Long Chain Dicarboxylic Acid Market by Textiles, 2024 – 2033 (USD Million)
- 7.4 Coatings
- 7.4.1 Global Long Chain Dicarboxylic Acid Market by Coatings, 2024 – 2033 (USD Million)
- 7.5 Electronics
- 7.5.1 Global Long Chain Dicarboxylic Acid Market by Electronics, 2024 – 2033 (USD Million)
- 7.6 Others
- 7.6.1 Global Long Chain Dicarboxylic Acid Market by Others, 2024 – 2033 (USD Million)
- 7.1 Global Long Chain Dicarboxylic Acid Market Overview: By End-Use Industry
- Chapter 8. Long Chain Dicarboxylic Acid Market – Regional Analysis
- 8.1 Global Long Chain Dicarboxylic Acid Market Regional Overview
- 8.2 Global Long Chain Dicarboxylic Acid Market Share, by Region, 2023 & 2033 (USD Million)
- 8.3. North America
- 8.3.1 North America Long Chain Dicarboxylic Acid Market, 2024 – 2033 (USD Million)
- 8.3.1.1 North America Long Chain Dicarboxylic Acid Market, by Country, 2024 – 2033 (USD Million)
- 8.3.1 North America Long Chain Dicarboxylic Acid Market, 2024 – 2033 (USD Million)
- 8.4 North America Long Chain Dicarboxylic Acid Market, by Application, 2024 – 2033
- 8.4.1 North America Long Chain Dicarboxylic Acid Market, by Application, 2024 – 2033 (USD Million)
- 8.5 North America Long Chain Dicarboxylic Acid Market, by Properties, 2024 – 2033
- 8.5.1 North America Long Chain Dicarboxylic Acid Market, by Properties, 2024 – 2033 (USD Million)
- 8.6 North America Long Chain Dicarboxylic Acid Market, by End-Use Industry, 2024 – 2033
- 8.6.1 North America Long Chain Dicarboxylic Acid Market, by End-Use Industry, 2024 – 2033 (USD Million)
- 8.7. Europe
- 8.7.1 Europe Long Chain Dicarboxylic Acid Market, 2024 – 2033 (USD Million)
- 8.7.1.1 Europe Long Chain Dicarboxylic Acid Market, by Country, 2024 – 2033 (USD Million)
- 8.7.1 Europe Long Chain Dicarboxylic Acid Market, 2024 – 2033 (USD Million)
- 8.8 Europe Long Chain Dicarboxylic Acid Market, by Application, 2024 – 2033
- 8.8.1 Europe Long Chain Dicarboxylic Acid Market, by Application, 2024 – 2033 (USD Million)
- 8.9 Europe Long Chain Dicarboxylic Acid Market, by Properties, 2024 – 2033
- 8.9.1 Europe Long Chain Dicarboxylic Acid Market, by Properties, 2024 – 2033 (USD Million)
- 8.10 Europe Long Chain Dicarboxylic Acid Market, by End-Use Industry, 2024 – 2033
- 8.10.1 Europe Long Chain Dicarboxylic Acid Market, by End-Use Industry, 2024 – 2033 (USD Million)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Long Chain Dicarboxylic Acid Market, 2024 – 2033 (USD Million)
- 8.11.1.1 Asia Pacific Long Chain Dicarboxylic Acid Market, by Country, 2024 – 2033 (USD Million)
- 8.11.1 Asia Pacific Long Chain Dicarboxylic Acid Market, 2024 – 2033 (USD Million)
- 8.12 Asia Pacific Long Chain Dicarboxylic Acid Market, by Application, 2024 – 2033
- 8.12.1 Asia Pacific Long Chain Dicarboxylic Acid Market, by Application, 2024 – 2033 (USD Million)
- 8.13 Asia Pacific Long Chain Dicarboxylic Acid Market, by Properties, 2024 – 2033
- 8.13.1 Asia Pacific Long Chain Dicarboxylic Acid Market, by Properties, 2024 – 2033 (USD Million)
- 8.14 Asia Pacific Long Chain Dicarboxylic Acid Market, by End-Use Industry, 2024 – 2033
- 8.14.1 Asia Pacific Long Chain Dicarboxylic Acid Market, by End-Use Industry, 2024 – 2033 (USD Million)
- 8.15. Latin America
- 8.15.1 Latin America Long Chain Dicarboxylic Acid Market, 2024 – 2033 (USD Million)
- 8.15.1.1 Latin America Long Chain Dicarboxylic Acid Market, by Country, 2024 – 2033 (USD Million)
- 8.15.1 Latin America Long Chain Dicarboxylic Acid Market, 2024 – 2033 (USD Million)
- 8.16 Latin America Long Chain Dicarboxylic Acid Market, by Application, 2024 – 2033
- 8.16.1 Latin America Long Chain Dicarboxylic Acid Market, by Application, 2024 – 2033 (USD Million)
- 8.17 Latin America Long Chain Dicarboxylic Acid Market, by Properties, 2024 – 2033
- 8.17.1 Latin America Long Chain Dicarboxylic Acid Market, by Properties, 2024 – 2033 (USD Million)
- 8.18 Latin America Long Chain Dicarboxylic Acid Market, by End-Use Industry, 2024 – 2033
- 8.18.1 Latin America Long Chain Dicarboxylic Acid Market, by End-Use Industry, 2024 – 2033 (USD Million)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Long Chain Dicarboxylic Acid Market, 2024 – 2033 (USD Million)
- 8.19.1.1 The Middle-East and Africa Long Chain Dicarboxylic Acid Market, by Country, 2024 – 2033 (USD Million)
- 8.19.1 The Middle-East and Africa Long Chain Dicarboxylic Acid Market, 2024 – 2033 (USD Million)
- 8.20 The Middle-East and Africa Long Chain Dicarboxylic Acid Market, by Application, 2024 – 2033
- 8.20.1 The Middle-East and Africa Long Chain Dicarboxylic Acid Market, by Application, 2024 – 2033 (USD Million)
- 8.21 The Middle-East and Africa Long Chain Dicarboxylic Acid Market, by Properties, 2024 – 2033
- 8.21.1 The Middle-East and Africa Long Chain Dicarboxylic Acid Market, by Properties, 2024 – 2033 (USD Million)
- 8.22 The Middle-East and Africa Long Chain Dicarboxylic Acid Market, by End-Use Industry, 2024 – 2033
- 8.22.1 The Middle-East and Africa Long Chain Dicarboxylic Acid Market, by End-Use Industry, 2024 – 2033 (USD Million)
- Chapter 9. Company Profiles
- 9.1 Invista S.à r.l.
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 BASF SE
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Dupont de Nemours Inc.
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Cathay Industrial Biotech Ltd.
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Toyobo Co. Ltd.
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Evonik Industries AG
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Santa Cruz Biotechnology Inc.
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Shandong Hilead Biotechnology Co. Ltd.
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Lianyungang JTD Chemical Industry Co. Ltd.
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Henan Tianfu Chemical Co. Ltd.
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Haihang Industry Co. Ltd.
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Sigma-Aldrich Co. LLC
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Wuhan Rison Trading Co. Ltd.
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Cabb Chemicals
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Hangzhou Dayangchem Co Ltd.
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Others.
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.1 Invista S.à r.l.
List Of Figures
Figures No 1 to 31
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
|
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- Invista S.à r.l.
- BASF SE
- Dupont de Nemours Inc.
- Cathay Industrial Biotech Ltd.
- Toyobo Co. Ltd.
- Evonik Industries AG
- Santa Cruz Biotechnology Inc.
- Shandong Hilead Biotechnology Co. Ltd.
- Lianyungang JTD Chemical Industry Co. Ltd.
- Henan Tianfu Chemical Co. Ltd.
- Haihang Industry Co. Ltd.
- Sigma-Aldrich Co. LLC
- Wuhan Rison Trading Co. Ltd.
- Cabb Chemicals
- Hangzhou Dayangchem Co, Ltd.
- Others
FAQs
The key factors driving the Market are Growing Demand from Nylon Production, Expanding Applications in Coatings and Adhesives, Emphasis on Sustainable Solutions, Technological Advancements in Production, Expansion in Emerging Economies, Development of Novel Applications, Focus on Biobased and Renewable Sources.
The “Nylon” had the largest share in the global market for Long Chain Dicarboxylic Acid.
The “Heat Resistance” category dominated the market in 2023.
The key players in the market are Invista S.à r.l., BASF SE, Dupont de Nemours Inc., Cathay Industrial Biotech Ltd., Toyobo Co. Ltd., Evonik Industries AG, Santa Cruz Biotechnology Inc., Shandong Hilead Biotechnology Co. Ltd., Lianyungang JTD Chemical Industry Co. Ltd., Henan Tianfu Chemical Co. Ltd., Haihang Industry Co. Ltd., Sigma-Aldrich Co. LLC, Wuhan Rison Trading Co. Ltd., Cabb Chemicals, Hangzhou Dayangchem Co, Ltd., Others.
“North America” had the largest share in the Long Chain Dicarboxylic Acid Market.
The global market is projected to grow at a CAGR of 7.2% during the forecast period, 2024-2033.
The Long Chain Dicarboxylic Acid Market size was valued at USD 344.6 Million in 2024.