Dimer Acid Market Future Challenges, SWOT Analysis, Expert Review, and Industry Growth Outlook 2030
Research Reports
Feb 10, 2022
Dimer Acid Market Insights
Dimer acid is also known as dimerized fatty acids and is often derived from various types of oil. Market Research Future has performed an in-depth study of the global dimer acid market which includes a number of factors and figures to back up research that reveals the manner of growth in the market. Dimer acid is a yellowish to yellow viscous transparent liquid which is non-toxic in nature and has applications in the production of polyamide resins, hot melt adhesives, alkyd resins, adhesives, surfactants, and lubricants to name a few.
In polyamide resins, dimer acid is used for synthesis which is then further used in various applications based on polyamide type. Reactive polyamide, for example, has applications as a curing agent for epoxy resins while non-reactive polyamide is used for hot melt adhesives, and printing inks. The rapid growth of the construction industry across the globe has significantly boosted the demand for adhesives, sealants, surfactants, and various others. The construction industry is expected to be a steady revenue source for the global dimer acid market. Moreover, dimer acid also has applications in hair color products, depilatory wax products, and in the production of nail paint. The growing demand witnessed by the global personal care sector is expected to be a significant source of demand for dimer acid during the review period.
Get a Free Sample PDF Brochure –
https://www.marketresearchfuture.com/sample_request/5869
Key Players
Market participants competing in the global dimer acid market include Jinan tongfa resin Co. Ltd., Emery Oleochemicals, Anqing Hongyu Chemical Co., Ltd, Krayton Corporations, Shandong Huijin Chemical Co. Ltd, Florachem Corporation, Croda International Plc, Oleon Corporate M&S, and Aturex Group. These players use various strategies to ensure the growth of the market as well as the expansion of market share. MRFR’s analysis of the dimer acid market includes competition tracking for the mentioned market players as well as an analysis of their strategies.
A shortage of significant raw material, as well as the increasing use of unsaturated fatty acids in the synthesis of biofuels, is expected to deter the growth of the global dimer acid market. However, increasing applications in the cosmetic industry will offer the market new avenues for growth over the forecast period.
Speak to Analyst –https://www.marketresearchfuture.com/ask_for_schedule_call/5869
Market Segmentation
Segmentation of the global dimer market into its various parts has been done in MRFR’s report on the basis of product type, application, end-use industry, and region. Product types with regards to dimer acid have been segmented to include distilled, standard, and distilled & hydrogenated.
Applications of dimer acid have been segmented to include oilfield chemicals, reactive polyamide, non-reactive polyamide, cosmetics, & personal care products, and others.
End-user industries where dimer acid is used include construction, oilfield, cosmetics industry, and others.
Enquire For Discount https://www.marketresearchfuture.com/check-discount/5869
Regional Analysis
Five key regions have been covered in the global report and include Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa. The Asia Pacific dimer acid market finds itself at the forefront of the global market due to the presence of a large production base of dimer acid in the region. Several key market players are established in the Asia Pacific, thus making the region significant in the global market. Moreover, the region is witnessing substantial economic growth along with rapid urbanization which has resulted in a drastic increase in construction projects. the high demand for surface coatings, sealants, paints, and adhesives in the region drives the APAC dimer acid market. The rising applications of dimer acid in bio-based cosmetics is expected to impact regional growth during the review period.
The Middle East is another growing market due to the high number of construction projects being undertaken by rapidly developing economies in the region in an effort to boost tourism. The region also has a significant industrial area where adhesives and coatings are produced making it a significant region in the dimer acid market. Moreover, the presence of high oilfield reserves and the use of dimer acid as an oilfield chemical is expected to assist the region’s market growth.
More Reports –
| Construction Film Market | https://www.marketresearchfuture.com/reports/construction-film-market-5830 | |
| Hydrophilic Coatings Market | https://www.marketresearchfuture.com/reports/hydrophilic-coatings-market-5835 | |
| Mining Chemicals Market | https://www.marketresearchfuture.com/reports/mining-chemicals-market-5851 | |
| Polyether Ether Ketone Market | https://www.marketresearchfuture.com/reports/polyether-ether-ketone-market-5853 | |
| Stearic Acid Market | https://www.marketresearchfuture.com/reports/stearic-acid-market-5867 | |
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Contact Information:
Market Research Future® 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture.com
Tags:
PR-Wirein, Wire, Research Newswire, English