Global Long Chain Dicarboxylic Acid (LCDA) Acid Market - Industry Trends and Forecast to 2029

Análisis y tamaño del mercado de ácido dicarboxílico de cadena larga (LCDA)

Se espera que el mercado de ácidos dicarboxílicos de cadena larga (LCDA) experimente un mayor crecimiento durante el período de pronóstico debido a su mayor uso en recubrimientos en polvo, nailon y otras aplicaciones de poliamida. El "nailon y otras poliamidas " es el segmento de aplicación de mayor crecimiento del mercado debido a sus propiedades beneficiosas, como resistencia al calor, fuerza y ​​durabilidad durante el período de pronóstico. Además, los principales actores del mercado se están centrando en el fácil acceso a las materias primas y en el cumplimiento de las regulaciones ambientales, lo que se espera que aumente el crecimiento del mercado durante el período de pronóstico.

Data Bridge Market Research analiza que el mercado de ácidos dicarboxílicos de cadena larga (LCDA) se valoró en USD 224,10 millones en 2021 y se espera que alcance los USD 383,61 millones para 2029, registrando una CAGR del 6,95% durante el período de pronóstico de 2022 a 2029. Además de la información sobre escenarios de mercado como el valor de mercado, la tasa de crecimiento, la segmentación, la cobertura geográfica y los principales actores, los informes de mercado seleccionados por Data Bridge Market Research también incluyen un análisis experto en profundidad, producción y capacidad por empresa representada geográficamente, diseños de red de distribuidores y socios, análisis detallado y actualizado de tendencias de precios y análisis de déficit de la cadena de suministro y la demanda.

Ámbito de aplicación y segmentación del mercado de ácido dicarboxílico de cadena larga (LCDA)

Definición de mercado

Los ácidos dicarboxílicos de cadena larga son intermediarios químicos versátiles que se utilizan como bloques de construcción para la fabricación de lubricantes, polímeros o adhesivos. Los ácidos dicarboxílicos de cadena larga son aquellos compuestos orgánicos ampliamente utilizados en aplicaciones industriales. Por ejemplo, uno de los ácidos dicarboxílicos más importantes es  el ácido adípico . El ácido adípico se utiliza como monómero para la fabricación de nailon-6, 6. La mayoría de los ácidos dicarboxílicos de cadena larga se forman a partir de recursos petroquímicos, pero son químicamente complejos de sintetizar, por lo que los ácidos dicarboxílicos de cadena larga se pueden producir mediante métodos biotecnológicos.

Dinámica del mercado global de ácido dicarboxílico de cadena larga (LCDA)

Conductores

• Demanda creciente de ácido dicarboxílico de cadena larga (LCDA) en aplicaciones automotrices e industriales

El ácido dicarboxílico de cadena larga (LCDA) se utiliza en la producción de nailon y otras poliamidas , recubrimientos en polvo, lubricantes, adhesivos y pinturas. La creciente demanda de nailon y otras poliamidas, recubrimientos en polvo, lubricantes y adhesivos en varias aplicaciones industriales y automotrices son algunos de los principales factores que se espera que impulsen el crecimiento del mercado mundial de ácido dicarboxílico de cadena larga (LCDA) durante el período de pronóstico de 2022 a 2029.

• Alto uso de nailon y otras poliamidas.

El nailon y otras poliamidas ofrecen varias propiedades beneficiosas, como durabilidad, resistencia al calor y resistencia. Por lo tanto, estos nailon y otras poliamidas son lucrativos para su uso en numerosas industrias de usuarios finales, como la automotriz, la de componentes electrónicos, la de embalajes, la de edificación y la de construcción. El nailon de alto rendimiento se utiliza principalmente para fabricar colectores porque ayuda a reducir el peso del sistema. Esto aumenta la eficiencia del combustible y reduce el costo de producción. Se espera que la creciente demanda de nailon y otras poliamidas impulse la tasa de crecimiento del mercado de ácidos dicarboxílicos de cadena larga (LCDA).

Furthermore, nylon and other polyamide has several applications in numerous industries that gain major market share over the forecast period due to its beneficial properties such as durability, strength and heat resistance, enhancing the market's growth. These properties makes nylon and other polyamide more advantageous for usage in the several end-user industries, with the growing demand for long chain dicarboxylic acids from several application such as powder coating, corrosion inhibitors and lubricants are major driving factor  for the growth of the long chain dicarboxylic acids market. 

Opportunities

• Increase in the number of emerging markets

Major market players are focusing on acquisition and mergers to increase their presence throughout the value chain. The majority of the industry market players are concentrating on product advancements and are targeting the development of new products with eco-friendly properties to cater to a broader application market, which will create profitable opportunities for the growth of the long chain dicarboxylic acid (LCDA) acid market.

Furthermore, numerous measures supporting sustainability and environmental conservations are expected to promote long chain dicarboxylic acid (LCDA) in several end-user industries. Favourable consumer spending patterns are anticipated to increase investments in the construction, automotive and pharmaceutical sector which will indirectly support the sales of long chain dicarboxylic acid (LCDA) acid and generate immense opportunities for the market growth.

Restraints/ Challenges

• High cost associated with long chain dicarboxylic acid (LCDA) acid

The high cost of product and the variable cost of raw material are some reason which is anticipated to restrain the demand of the long chain dicarboxylic acid (LCDA) acid and obstruct the growth rate of the market long chain dicarboxylic acid (LCDA) acid during the forecast period of 2022-2029.

This long chain dicarboxylic acid (LCDA) acid market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the long chain dicarboxylic acid (LCDA) acid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Covid-19 Impact on Long Chain Dicarboxylic Acid (LCDA) acid market

The outbreak of COVID-19 pandemic has impacted every industry globally in one way or another. The major industries such as automotive, chemical and construction industries are highly impacted during this pandemic. Most of the manufacturing plants were shut down due to social distancing policy which resulted in a drop in production. Furthermore, travel bans and border closures caused major problems such as supply chain disruptions due to delay or non-arrival of raw materials, and disrupted financial flows which resulting in lower consumption and demand of long chain dicarboxylic acid. The widespread nature of restrictions on retail and on movement, alongside the continued impact of the virus on air travel, the emergence of new variants, all have adversely impacted the chemical industry and thus, the long chain dicarboxylic acid (LCDA) market too.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Long Chain Dicarboxylic Acid (LCDA) Acid Market Scope

The long chain dicarboxylic acid (LCDA) acid market is segmented on the basis of application, properties and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

• Nylon and Other Polyamides
• Powder Coatings
• Lubricants
• Adhesives
• Pharmaceuticals
• Corrosion Inhibitors
• Others

Properties

• Heat Resistance
• Durability
• Strength

End User

• Electronic Component
• Packaging
• Automotive
• Building and Construction

Long Chain Dicarboxylic Acid ( (LCDA) Acid Market Regional Analysis/Insights

The long chain dicarboxylic acid (LCDA) acid market is analysed and market size insights and trends are provided by country, application, properties and end user as referenced above.

The countries covered in the long chain dicarboxylic acid (LCDA) acid market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the long chain dicarboxylic acid (LCDA) acid market in terms of market share and revenue. This is due to low-cost work force and availability of raw material within this region.

North America is expected to be the fastest developing region during the forecast period of 2022-2029 due to the rapidly increasing demand for long chain dicarboxylic acid (LCDA) acid in numerous applications such as lubricants, adhesives, pharmaceuticals, nylon and other polyamides, powder coatings, corrosion inhibitors and others in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Long chain dicarboxylic acid (LCDA) Acid Market Share Analysis

The long chain dicarboxylic acid (LCDA) acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to long chain dicarboxylic acid (LCDA) acid market.

Some of the major players operating in the long chain dicarboxylic acid (LCDA) acid market are:

• Cathay Biotech Inc. (China)
• Evonik Industries (Germany)
• Invista (U.S.)
• Henan Junheng Industrial Group Biotechnology Co.,Ltd (China)
• Shandong Guangtong New Materials Co., Ltd. (China)
• Shandong Hilead Biotechnology (China)
• DAYANG CHEM (HANGZHOU) CO., LTD (China)
• Corvay (Germany)
• Capot Chemical Co.,Ltd. (China)

SKU-55082