Dodecanedioic acid (DDDA) is an alpha, omega-dicarboxylic acid that is dodecane in which the methyl groups, have been oxidized to the corresponding carboxylic acids. DDA is a C12 dibasic acid/dicarboxylic acid. It is a white solid with a flaky form in terms of physical appearance. At room temperature, the compound has a melting point of 128 degrees C and is insoluble in water.
The global Dodecanedioic Acid Market is expected to surpass U.S.$ 1,074.0 Million by the end of 2030 in terms of revenue, exhibiting a CAGR of 7.7% during the years (2022-2030)
Leading Companies in the Dodecanedioic Acid Industry:
1) Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc. is a pharmaceutical, healthcare and biotechnology industry. It produces Laboratory equipment and a company that supplies scientific instruments. The products manufactured are supplied worldwide. Thermo Fisher Inc. was founded in the year 1956. It was formed through the merger of Thermo Electron and Fisher Scientific. The headquarters are located in Waltham, Massachusetts U.S.
In April 2021, the company announced its plans of acquiring of PPD, Inc. a leading global contract research organization.
2) Evonik Industries AG
Evonik Industries AG is a German specialty chemicals company. It is the second largest chemicals company in Germany, and one of the largest specialty chemicals companies in the world. The company was founded in the year 2007, and the headquarters are located in Essen, Germany.