Growing Automotive Sector And Increasing Demand For Eco-Friendly Products Will Boost The Long Chain Dicarboxylic Acids Market
According to a recently published report, the global Long Chain Dicarboxylic Acid Market is expected to grow at a significant rate during 2016-2022. The global long chain dicarboxylic acid market is segmented on the basis of products, applications and geography. The report on global long chain dicarboxylic acid market forecast, 2016-2022 (by products, application and geography) provides detailed overview and predictive analysis of the market.
Full report is available on global long chain dicarboxylic acid market forecast 2016-2022 (by products, application and geography) report at http://www.briskinsights.com/report/long-chain-dicarboxylic-acid-market
The global long chain dicarboxylic acid market is expected to report healthy growth during the forecast period due to expansion of automotive sector across the globe. In 2015, approximately 90.7 million motor vehicles were produced globally in comparison to 89.7 million in 2014. The increasing production rate in automotive sector is expected to significantly influence the demand for long chain dicarboxylic acid in the upcoming scenario. Long chain dicarboxylic acids result in products with high strength, more flexibiltiy, anti-corrosion properties and higher durability. Lubricants which are produced using this acid provide better performance in comparison to their short chain derivatives and find its application in aviation engine systems and automotive industry. Growing usage of clear powder coatings in automotive industry on account of its properties such as flexibility, environment friendliness, chemical resistance, durability and toughness is anticipated to drive the demand of diabolic compounds during the forecasted period. Limited availability of these acids and high costs are anticipated to hinder the demand for long chain dicarboxylic acid during the forecast period. Rising demand from emerging economies is anticipated to create significant opportunities for the growth of this market. APAC is anticipated to be a lucrative market on account of increasing automotive production in Indonesia, China, Japan and Taiwan. In India, encouragement of 100% FDI in the automotive industry under the automatic route is anticipated to augment the automobile industry which in turn is expected to open new market avenues for dicarboxylic acids during the forecast period.
Scope of the Report
1. Global Long Chain Dicarboxylic Acid Market By Products 2012-2022 ($ Million)
1.6. Dodecanedioic Acids
2. Global Long Chain Dicarboxylic Acid Market By Application 2012-2022 ($ Million)
2.1. Clean Powder Coatings
2.3. Corrosion Inhibitors
3. Global Long Chain Dicarboxylic Acid Market By End Users 2012-2022 ($ Million)
3.1. Chemical Industry
3.2. Healthcare Industry
3.3. Automotive Industry
4. Global Long Chain Dicarboxylic Acid Market Regional Outlook 2012-2022 ($ Million)
4.1. North America
4.3. Asia Pacific
4.4. Middle East & Africa
4.5. Central & South America
5. Competitive Landscape
5.1. Aecochem Corp.
5.2. Capot Chemical Co., Ltd.
5.8. Hangzhou Dayangchem Co. Ltd.