Chemical Research

  Definition:  Brassylic acid, also known as 1,13-tridecanedioic acid, is a saturated dicarboxylic acid with the molecular formula C12H22O4. It is primarily used in the production of nylon, lubricants, and corrosion inhibitors due to its unique chemical properties. Brassylic acid is a crucial compound in the chemical industry, serving as a building block for various applications. Market Size:  The global brassylic acid market has been steadily growing over the years, driven by the increasing demand for its derivatives in various industries. While precise market figures may vary, the market size is estimated to be in the range of several million tons annually. The brassylic acid market was valued at US$ 683.9 Mn in 2022 and is expected to exhibit a CAGR of 4.65%, in terms of revenue over the forecast period (2023-2030), to reach US$ 984.1 Mn by 2030. Market Growth:  The  brassylic acid market  has experienced consistent growth due to its versatile appli...