PUBLISHER: The Business Research Company | PRODUCT CODE: 1927051
PUBLISHER: The Business Research Company | PRODUCT CODE: 1927051
Octadecanedioic acid is a long-chain dicarboxylic acid represented by the chemical formula C18H34O4. It serves as a crucial monomer in the manufacturing process of polyamides, polyesters, and other polymers, offering attributes such as increased durability and flexibility. Furthermore, it plays a vital role as an intermediate in organic synthesis and the production of specialty chemicals.
The primary product types of octadecanedioic acid include powder and liquid forms. Powder refers to a dry, voluminous solid comprising numerous fine particles that exhibit free-flowing characteristics when agitated or tilted. Its diverse applications encompass polyester polyols, lubricants, greases, powder coatings, personal care items, and various other applications across industries such as automotive, construction, textiles, cosmetics, and more.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have influenced the octadecanedioic acid market by increasing costs of imported intermediates, catalysts, and specialty processing equipment required for high purity production. These effects are most prominent in automotive, construction, and textile applications across Europe and Asia Pacific. Elevated tariffs have impacted supply costs and downstream polymer pricing. At the same time, tariff pressures have encouraged regional production, strengthened local specialty chemical supply chains, and supported investments in bio based acid manufacturing routes.
The octadecanedioic acid market research report is one of a series of new reports from The Business Research Company that provides octadecanedioic acid market statistics, including octadecanedioic acid industry global market size, regional shares, competitors with a octadecanedioic acid market share, detailed octadecanedioic acid market segments, market trends and opportunities, and any further data you may need to thrive in the octadecanedioic acid industry. This octadecanedioic acid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The octadecanedioic acid market size has grown strongly in recent years. It will grow from $8.85 billion in 2025 to $9.31 billion in 2026 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to growth of polymer manufacturing industry, increasing use of specialty chemicals, expansion of automotive component production, demand for durable materials, advancements in organic synthesis processes.
The octadecanedioic acid market size is expected to see steady growth in the next few years. It will grow to $11.15 billion in 2030 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to lightweight material demand in vehicles, growth in specialty coatings, sustainability driven polymer innovation, rising use in personal care formulations, development of bio derived monomers. Major trends in the forecast period include growing use in high performance polyamides, rising demand from automotive polymer applications, expansion of specialty polyester production, increasing adoption in lubricants and greases, higher focus on bio based dicarboxylic acids.
The expanding pharmaceutical sector is expected to propel the growth of the octadecanedioic acid market going forward. The pharmaceutical sector refers to the segment of the economy involved in the research, development, production, and distribution of medications and other health-related products. Growth in this sector is driven by advances in medical research and technology, an aging global population, increasing prevalence of chronic diseases, rising healthcare expenditure, and broader access to healthcare in developing regions. Octadecanedioic acid is utilized in this sector for its role in drug delivery systems, improving medication stability and controlled release while offering biocompatibility for safer and more effective pharmaceutical products. For instance, in October 2025, according to the European Federation of Pharmaceutical Industries and Associations (EFPIA), a Belgium-based organization representing the pharmaceutical sector, European pharmaceutical production increased from $470.62 billion (€405.7 billion) in 2023 to $510.41 billion (€440.0 billion) in 2024. Therefore, the expanding pharmaceutical sector is driving the growth of the octadecanedioic acid market.
The rising cosmetics industry is expected to propel the growth of the octadecanedioic acid market going forward. The cosmetics industry includes a wide range of products designed to enhance and maintain physical appearance, such as skincare, haircare, makeup, fragrances, and personal care items. Industry growth is driven by evolving consumer preferences, technological advancements, social media influence, wellness trends, and globalization, all of which support innovation and accessibility in beauty products. Octadecanedioic acid offers significant benefits for this industry, serving as an ingredient that supports skin health, hydration, and overall well-being. For instance, in September 2024, Cosmetica Italia, an Italy-based national trade association, reported that Italy's cosmetics market reached $14.5 billion (€12,530 million) at the end of 2023, reflecting a 9.4% increase over 2022, with the industry's total turnover reaching $17.5 billion (€15.1 billion). Therefore, the rising cosmetics industry is driving the growth of the octadecanedioic acid market.
The expansion of the automotive industry is expected to propel the growth of the octadecanedioic acid market going forward. The automotive industry involves the design, manufacturing, and sale of motor vehicles, including cars, trucks, and motorcycles, as well as their components and supporting infrastructure. Its growth is fueled by rising demand for advanced, energy-efficient vehicles supported by technological innovation and shifting consumer preferences. Octadecanedioic acid is used in this sector as a key component in high-performance polyamides and coatings that improve vehicle durability, chemical resistance, and the performance of lightweight components. For instance, in January 2024, the European Automobile Manufacturers Association, a Belgium-based automobile industry association, reported that the EU car market grew by 13.9% in 2023 compared to 2022, reaching total annual sales of 10.5 million vehicles. Therefore, the expansion of the automotive industry is driving the growth of the octadecanedioic acid market.
Major companies operating in the octadecanedioic acid market are BASF SE, Thermo Fisher Scientific Inc., Solvay SA, Arkema S.A., Croda International plc, Cathay Biotech Inc., Shandong Minglang Chemical Co. Ltd., Elevance Renewable Sciences Inc., Unilong Industry Co. Ltd., Shandong Ench Chemical Co. Ltd., TCI Chemicals (India) Pvt. Ltd., OPQ Chemical Co. Ltd., Conscientia Industrial Co. Ltd., Autech Industry Co. Ltd., Key Organics Limited, Gihi Chemicals Co. Ltd., Nanjing Chemlin Chemical Industrial Co. Ltd., Sandoo Pharmaceuticals, Ambeed Inc., Lori Industry Co. Ltd., Refine Chemical Co. Ltd., Zehao Industry Co. Ltd., Shandong Lanhai Industry Co. Ltd., Xingrui Industry Co. Ltd.
North America was the largest region in the octadecanedioic acid market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the octadecanedioic acid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the octadecanedioic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The octadecanedioic acid market consists of sales of biodegradable materials, pharmaceuticals, coatings, paints, lubricants and greases, cosmetics, and personal care products. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Octadecanedioic Acid Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses octadecanedioic acid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for octadecanedioic acid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The octadecanedioic acid market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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