Long Chain Diacids Market: By Product, and Geography

Long Chain Diacids Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (C9, C10, C11, C12, C14, C16, C18), and Region

Long Chain Diacids Market was estimated at at US$ 1,297.3 million in 2022 and is poised to grow at a CAGR of 6.0% from 2023-2029. Growth of end-use industries which consumes long-chain dibasic acids drives the market. Long-chain dibasic acid is widely recognized as the primary raw material for various applications in a variety of end-use industries, including adhesives, coatings, personal care & cosmetics, and others. The growing application of long-chain dibasic acid in end-use industries is expected to drive the market's growth in the coming forecast period. The coatings industry has been gaining traction over the last couple of decades due to increasing construction industry demand. Growing demand from the personal care & cosmetics segment is also anticipated to propel the market growth of the long-chain dibasic acid market in the coming forecast period. Increased use of nylon and other polyamides, lubricants, pharmaceuticals, powder coatings, corrosion inhibitors, and adhesives in end industries such as automotive and building is expected to drive industry growth over the next nine years. Since the last few years, key players in the long-chain dibasic acid market have been focusing on increasing their production capacities in existing plants or establishing new projects to capture the regional market of the long-chain dibasic acid market in regions where demand has risen, allowing for higher production capacities to meet global as well as regional demand. In 2021, the C10 product segment accounted for a larger revenue share and was projected to grow with a CAGR of 6.1% from 2022 to 2028 to reach US$ 815.2 Mn by 2028. The significant rise in demand for eco-friendly chemicals across the globe and rising demand for high-performance chemicals from the end-use industries support the market growth.

Long Chain Diacids Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6%

Largest Market

Asia-Pacific

Fastest Growing Market

Europe

Long Chain Diacids Market Dynamics

The global long-chain diacids market has been propelled by increasing performance for an environmentally friendly alternative. The applications of LCDA have low environmental impacts as they are biodegradable. This is expected to fuel its adoption rate in solvents. The growing demand for LCDA as bio-solvents is one of the key drivers in the global market. This, in turn, motivates manufacturers to replace volatile organic solvents during the production of paint strippers, inks, coatings, agricultural chemicals, and adhesives. Fluctuation in raw material prices relatively slow economic growth in significant economics could hinder the global industry.

Long Chain Diacids Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 1,297.3 million

Market CAGR

6%

By Product Type

  • C9
  • C10
  • C11
  • C12
  • C14
  • C16
  • C18

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The long chain diacids market size was valued at US$ 1,297.3 million in 2022

Increasing Demand from Powder Coatings Segment

Europe is the fastest-growing for long chain diacids market

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Long Chain Diacids Market Introduction 
2.1.Global Long Chain Diacids Market  - Taxonomy
2.2.Global Long Chain Diacids Market  - Definitions
2.2.1.Product Type
2.2.2.Region
3. Global Long Chain Diacids Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Long Chain Diacids Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Long Chain Diacids Market  By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. C9
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. C10
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. C11
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. C12
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. C14
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. C16
5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. C18
5.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6. Global Long Chain Diacids Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. North America
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Europe
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Asia Pacific (APAC)
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Middle East and Africa (MEA)
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Latin America
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7. North America Long Chain Diacids Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
7.1.1.C9
7.1.2.C10
7.1.3.C11
7.1.4.C12
7.1.5.C14
7.1.6.C16
7.1.7.C18
7.2.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
7.2.1.United States of America (USA)
7.2.2.Canada
8. Europe Long Chain Diacids Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.C9
8.1.2.C10
8.1.3.C11
8.1.4.C12
8.1.5.C14
8.1.6.C16
8.1.7.C18
8.2.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Germany
8.2.2.France
8.2.3.Italy
8.2.4.United Kingdom (UK)
8.2.5.Spain
8.2.6.Rest of EU
9. Asia Pacific (APAC) Long Chain Diacids Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.C9
9.1.2.C10
9.1.3.C11
9.1.4.C12
9.1.5.C14
9.1.6.C16
9.1.7.C18
9.2.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.China
9.2.2.India
9.2.3.Australia and New Zealand (ANZ)
9.2.4.Japan
9.2.5.Rest of APAC
10. Middle East and Africa (MEA) Long Chain Diacids Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.C9
10.1.2.C10
10.1.3.C11
10.1.4.C12
10.1.5.C14
10.1.6.C16
10.1.7.C18
10.2.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.GCC Countries
10.2.2.South Africa
10.2.3.Rest of MEA
11. Latin America Long Chain Diacids Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.C9
11.1.2.C10
11.1.3.C11
11.1.4.C12
11.1.5.C14
11.1.6.C16
11.1.7.C18
11.2.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Brazil
11.2.2.Mexico
11.2.3.Rest of LA
12. Competition Landscape
12.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
12.2.1.Henan Junheng Industrial Group Biotechnology Co., Ltd.
12.2.2.Shandong Guangtong New Materials Co., Ltd.
12.2.3.AECOCHEM
12.2.4.Cathay Industrial Biotech
12.2.5.Palmary Chemical
12.2.6.Evonik
13. Research Methodology 
14. Appendix and Abbreviations 

Key Market Players

  • Henan Junheng Industrial Group Biotechnology Co., Ltd.
  • Shandong Guangtong New Materials Co., Ltd.
  • AECOCHEM
  • Cathay Industrial Biotech
  • Palmary Chemical
  • Evonik
  • Invista
  • Zibo Guangtong Chemical
  • BASF

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