Global Dimer Acids Strategic Business Report 2023 - Promising Growth of Oilfield Chemicals to Boost Dimer Acid Consumption

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Dec 29, 2023, 05:15 ET

DUBLIN, Dec. 29, 2023 /PRNewswire/ -- The "Dimer Acids - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Dimer Acids estimated at US$688.6 Million in the year 2022, is projected to reach a revised size of US$1 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.

Standard, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$481 Million by the end of the analysis period. Growth in the Distilled segment is estimated at 5.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $159.4 Million, While China is Forecast to Grow at 6.6% CAGR

The Dimer Acids market in the U.S. is estimated at US$159.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$252.8 Million by the year 2030 trailing a CAGR of 6.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Key Market Trends & Drivers

Polyamide Resins: Holding Value Proposition for Diverse Applications & Dimer Acid
Polyamides Build on Dimer Fatty Acid
Industrial Polyamide-Based Cable Protection Systems
Trends in the Construction Industry Influence Market Uptake of Dimer Acid
Increased Activities of Remodeling and Renovation to Propel the Growth
Growing Adoption of Dimer Acid in Paints and Coatings Drives Market Growth
Strong Demand for Alkyd Resins Supported by a Robust Paints and Coatings Industry to Spur Demand for Dimer Acid.
Shift towards Low-VOC Options for Paints & Coatings
Surging Usage of Hot Melt Adhesives Spur the Demand for Dimer Acid
Diverse End-Use Markets - A Major Plus for Hot Melt Adhesives
Packaging: The Largest Market for Hot Melt Adhesives
Key Packaging Applications & Benefits of HMAs
Hot Melt Adhesives from Biodegradable Resources
Strong Demand for Fuel Additives to Boost Consumption of Dimer Acid
Robust Fuel Additives Market to Boost Demand for Dimer Acid, a Key Commodity in the Upstream Value Chain
Fuel Additive Market: Primary Drivers
Guidelines to Curb Emissions Ignite Demand
Expansion of Automotive Industry & Rising Gasoline Demand
Rising Consumption of Aviation Fuels
Emergence of Green Fuel Additives
Emergence of Green Corrosion Inhibitors as Raving Trend to Augur Well for Dimer Acid
Toxicity Concerns Augment Demand for Green Inhibitors
Dimer Acid: Gaining Attention for Anti-Corrosion Properties
Rising Opportunities in the Automotive Sector Drive Market Demand
World Automobile Production in Million Units: 2008-2022
Growing Opportunities in the Cosmetics Industry
Promising Growth of Oilfield Chemicals to Boost Dimer Acid Consumption
Process & Technology Advancements Augur Well for Market Growth

Key Companies Profiled

Fujian Zhongde Energy Co. Ltd
BASF SE
MilliporeSigma
Croda International PLC
Emery Oleochemicals Group
Nissan Chemical Corporation
Oleon NV
Harima Chemicals Group, Inc.
Ingevity Corporation
A.B. Enterprises
KLK Oleo
Anhui Elite Industrial Co., Ltd.
Kraton Corporation
BOC Sciences
Ataman Kimya AS

Key Topics Covered:

1. MARKET OVERVIEW

World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022 and 2023
COVID-19-Led Economic Downturn Weighs on Construction Sector, Affecting Dimer Acid Market
World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
COVID-19 Impact on Dimer Acid Market
Competitive Landscape
Dimer Acids - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Global Market Analysis and Prospects
Global Dimer Acid Market Continues Leaping from Strength to Strength
Hydrogenated & Distilled Dimer Acid & Oilseed Chemicals: Principal Segments of Dimer Acid Market
Non-reactive Polyamide Resins Dominate, While Reactive Polyamide Resins to Witness Fastest Growth
Regional Market Analysis
Market Restraints
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

For more information about this report visit https://www.researchandmarkets.com/r/246j32

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