Octadecanedioic Acid (ODDA) Market Report by Application (Polyester Polyols, Powder Coatings, Cosmetics, Lubricating Oils, and Others), End Use Industry (Automotive, Industrial, Medical, Construction, Cosmetics, Textiles, and Others), and Region 2025-2033

Octadecanedioic Acid (ODDA) Market Report by Application (Polyester Polyols, Powder Coatings, Cosmetics, Lubricating Oils, and Others), End Use Industry (Automotive, Industrial, Medical, Construction, Cosmetics, Textiles, and Others), and Region 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A6526

Market Overview:

The global octadecanedioic acid (ODDA) market size reached USD 9.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 13.3 Billion by 2033, exhibiting a growth rate (CAGR) of 4.01% during 2025-2033.

Report Attribute
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024 USD 9.2 Billion
Market Forecast in 2033 USD 13.3 Billion
Market Growth Rate (2025-2033) 4.01%


Octadecanedioic acid (ODDA) (C18H34O4) is an intermediate chemical used as a basic building block for the formulation of compounds. It is produced by microbial fermentation and is usually found in various plants and animal fats. It is a long waxy chain of dicarboxylic acid with two carbon components that appears as a white solid with a mildly pungent, oily odor. ODDA is widely used as a lubricating agent, food additive, emulsifier, and emollient. It is also used to manufacture pharmaceuticals, cosmetics, soaps, shampoos, insulators, and detergents. As a result, ODDA finds extensive applications across the automotive, cosmetic, pharmaceutical, and construction industries.

Octadecanedioic Acid (ODDA) Market Trends:

The increasing incorporation of ODDA in personal care and cosmetic products as an emulsifying, moisturizing, and surfactant agent is creating a positive outlook for the market. It is also used to produce moisturizers, sunscreen, makeup, soap, and baby lotions. In line with this, the rising knowledge of personal health, hygiene, and cleanliness, along with the surge in beauty consciousness, is acting as another growth-inducing factor. Additionally, the widespread product adoption for manufacturing polymers, such as polyurethane, polyphenylene oxide, polyphenylene ethers, epoxy, polyether amides, and polycarbonates, is favoring the market growth. Furthermore, the polyester polyols derived from ODDA exhibit excellent solvent resistance, optical clarity, toughness, and hydrolytic stability, which, in turn, is propelling the market growth. Apart from this, the rising environmental consciousness and the growing trend toward sustainable and environmentally friendly compounds to reduce the dependency on petrochemical products is providing an impetus to eh market growth. Other factors, including the increasing utilization of polyester polyols in the automotive industry, extensive research and development (R&D) activities, and the widespread product adoption as a thickener in grease compositions, are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global octadecanedioic acid (ODDA) market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on application and end use industry.

Breakup by Application:

  • Polyester Polyols
  • Powder Coatings
  • Cosmetics
  • Lubricating Oils
  • Others
     

Breakup by End Use Industry:

  • Automotive
  • Industrial
  • Medical
  • Construction
  • Cosmetics
  • Textiles
  • Others
     

Breakup by Region:

Octadecanedioic Acid (ODDA) Market Report

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Cathay Biotech Inc., Elevance Renewable Sciences Inc., Hunan HuaTeng Pharmaceutical Co. Ltd., Key Organics Limited (Tennants Consolidated Limited), Oakwood Products Inc., TCI Chemicals (India) Pvt. Ltd. (Tokyo Chemical Industry Co. Ltd.), Toronto Research Chemicals Inc. (LGC Limited), Xiamen Sinopeg Biotech Co. Ltd. and Zhejiang Hongxin Dyeing Material Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Billion USD
Segment Coverage Application, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Cathay Biotech Inc., Elevance Renewable Sciences Inc., Hunan HuaTeng Pharmaceutical Co. Ltd., Key Organics Limited (Tennants Consolidated Limited), Oakwood Products Inc., TCI Chemicals (India) Pvt. Ltd. (Tokyo Chemical Industry Co. Ltd.), Toronto Research Chemicals Inc. (LGC Limited), Xiamen Sinopeg Biotech Co. Ltd. and Zhejiang Hongxin Dyeing Material Co. Ltd.
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global Octadecanedioic Acid (ODDA) market was valued at USD 9.2 Billion in 2024.

We expect the global Octadecanedioic Acid (ODDA) market to exhibit a CAGR of 4.01% during 2025-2033.

The rising utilization of Octadecanedioic Acid (ODDA) as a lubricating agent, food additive, emulsifier, and emollient to manufacture pharmaceuticals, cosmetics, soaps, etc., is primarily driving the global Octadecanedioic Acid (ODDA) market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous production activities for Octadecanedioic Acid (ODDA).

Based on the application, the global Octadecanedioic Acid (ODDA) market can be segmented into polyester polyols, powder coatings, cosmetics, lubricating oils, and others. Currently, polyester polyols hold the majority of the total market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global Octadecanedioic Acid (ODDA) market include Cathay Biotech Inc., Elevance Renewable Sciences Inc., Hunan HuaTeng Pharmaceutical Co. Ltd., Key Organics Limited (Tennants Consolidated Limited), Oakwood Products Inc., TCI Chemicals (India) Pvt. Ltd. (Tokyo Chemical Industry Co. Ltd.), Toronto Research Chemicals Inc. (LGC Limited), Xiamen Sinopeg Biotech Co. Ltd., and Zhejiang Hongxin Dyeing Material Co. Ltd.

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Octadecanedioic Acid (ODDA) Market Report by Application (Polyester Polyols, Powder Coatings, Cosmetics, Lubricating Oils, and Others), End Use Industry (Automotive, Industrial, Medical, Construction, Cosmetics, Textiles, and Others), and Region 2025-2033
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