Octadecanedioic Acid (ODDA) Market

By Grade;

Cosmetic Grade, Industrial Grade, and Pharmaceutical Grade

By Form;

Liquid and Solid

By Application;

Polyester Polyols, Powder Coatings, Cosmetics, Lubricating Oils, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn320616315 Published Date: August, 2025

Octadecanedioic Acid (ODDA) Market Overview

Octadecanedioic Acid (ODDA) Market (USD Million)

Octadecanedioic Acid (ODDA) Market was valued at USD 9.40 million in the year 2024. The size of this market is expected to increase to USD 12.37 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.


Octadecanedioic Acid (ODDA) Market

*Market size in USD million

CAGR 4.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.0 %
Market Size (2024)USD 9.40 Million
Market Size (2031)USD 12.37 Million
Market ConcentrationHigh
Report Pages337
9.40
2024
12.37
2031

Major Players

  • Elevance Renewable Sciences, Inc.
  • TCI Chemicals (India) Pvt. Ltd.
  • Hunan HuaTeng Pharmaceutical Co., Ltd.
  • Nanjing Chemlin Chemical Industry Co.
  • XIAMEN SINOPEG BIOTECH CO.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Octadecanedioic Acid (ODDA) Market

Fragmented - Highly competitive market without dominant players


The Octadecanedioic Acid (ODDA) Market is gaining significant momentum as this specialty chemical is increasingly used in high-performance polymers, cosmetic formulations, and industrial applications. Over 53% of demand is linked to polyamides and polyesters, where ODDA enhances durability, heat resistance, and flexibility. Its versatility across multiple industries makes it a crucial material in advanced manufacturing.

Expanding Use in Bio-Based Materials
The shift toward sustainable chemistry has accelerated the adoption of ODDA in bio-based polymers and eco-friendly resins. Nearly 39% of new product developments focus on renewable ODDA sources, supporting the transition to green manufacturing. This positions ODDA as a key enabler of sustainable industrial practices.

Integration in Personal Care Formulations
In the cosmetics sector, octadecanedioic acid is valued for its role in skin conditioning and sebum regulation. Approximately 32% of applications are tied to personal care products, where ODDA enhances stability and improves formulation performance. Its increasing use in premium cosmetic lines highlights its growing market relevance.

Role in Advanced Coatings and Adhesives
ODDA is widely utilized in industrial coatings, sealants, and adhesives due to its ability to deliver strong chemical resistance and improved adhesion. Close to 29% of demand comes from coating applications, reflecting its contribution to durability and long-lasting performance across diverse industries.

Future Prospects in High-Tech Industries
The ODDA market is set to benefit from its integration into 3D printing materials, specialty polymers, and medical-grade compounds. Around 27% of ongoing innovations are focused on next-generation applications, showcasing ODDA’s role in driving technological advancements and ensuring long-term growth potential.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Form
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Octadecanedioic Acid (ODDA) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Bio-based
        2. Sustainability
        3. Industrial applications
        4. Regulations
      2. Restraints
        1. Cost
        2. Competition
        3. Supply chain disruptions
        4. Technological limitations
      3. Opportunities
        1. Sustainable development
        2. Research and development
        3. Emerging markets
        4. Innovative applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Octadecanedioic Acid (ODDA) Market, By Grade, 2021 - 2031 (USD Million)

      1. Cosmetic Grade

      2. Industrial Grade

      3. Pharmaceutical Grade

    2. Octadecanedioic Acid (ODDA) Market, By Form, 2021 - 2031 (USD Million)

      1. Liquid

      2. Solid

    3. Octadecanedioic Acid (ODDA) Market, By Application, 2021 - 2031 (USD Million)
      1. Polyester Polyols
      2. Powder Coatings
      3. Cosmetics
      4. Lubricating Oils
      5. Others
    4. Octadecanedioic Acid (ODDA) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Elevance Renewable Sciences, Inc.
      2. TCI Chemicals (India) Pvt. Ltd.
      3. Hunan HuaTeng Pharmaceutical Co., Ltd.
      4. Nanjing Chemlin Chemical Industry Co.
      5. XIAMEN SINOPEG BIOTECH CO.
  7. Analyst Views
  8. Future Outlook of the Market