A research study titled, “Dimer Acid Market by Products,
Application - Global Industry Analysis and Forecast To 2025” published by
Crystal Market Research, states that the Dimer Acid Market is projected to be
around $ 2.57 billion by 2025.
The global
dimer acid market was valued roughly USD 1.43 billion in 2016 and is likely to
reach around USD 2.57 billion by the
end of 2025 while compound annual growth rate (CAGR) of 6.70% during the
forecast period. Dimer acids are also known as dimerized fatty acids. They are
dicarboxylic acids made from dimerizing unsaturated fatty acids produced from
tall oil, frequently on clay catalysts. The Chemical Abstracts Service (CAS)
registry number of the material is [61788-89-4]. Dimer acids are primarily
employed for deriving polyamide resins. They are also used in adhesives,
surfactants, alkyd resins, as lubricants, fuel oil additives, etc. It is a
yellow or light yellow viscous transparent fluid. It is non-toxic in nature.
Dimer acid generally contains primarily a dimer of stearic acid. It is also
known C36 dimer acid. Dimer acids can be transformed to dimer amines by the
help of chemical reaction of ammonia and following diminution. Dimer acids are
produced by dimerizing unsaturated fatty acids that are obtained from canola
oil, oleic acid, tall oil, cottonseed, tallow and rapeseed amongst
others. Dimer acids are extensively used to blend hot melt adhesives and
polyamide resins.
To request a sample copy or
view summary of this report, click the link below:
The global dimer acid market is anticipated to
witness rapid growth due to increasing demand for polyamide resins in adhesives
and coatings industries. The demand for dimer acid is likely to boost owing to
its widespread applications in industries, such as adhesives, paints, and
oilfield chemicals amongst others. These industries would experience a constant
growth in the outlook, thereby fueling the growth of global dimer acid market.
The escalating number of drilling across the world to fulfill extra energy
demand is anticipated to optimistically impact oilfield chemicals and dimer
acid demand. Presently, non-reactive polymer dominates the application section
in the dimer acid market. Though, reactive polymers are estimated to
demonstrate the maximum CAGR owing to its rising popularity in marine coatings
and construction, particularly in Asia-Pacific region. In spite of its
affirmative position, the dimer acid market is prone to experience fluctuations
in the cost of raw materials such as cottonseed oil, soybean oil, and rapeseed
oil that can hinder the growth of the global market during the forecast years.
The key market manufacturers in global dimer acid market
includes; Harima Chemicals, Arizona Chemicals, Nissan Chemical America Corp.,
Aturex Group, BASF, Novepha Co. Ltd., Emery Oleochemicals, Oleon N.V., Anqing
Hongyu Chemical Co. Ltd., and Florachem Corp. According to applications, the global
market is split into; Oilfield chemicals, Non-reactive polyamides, Reactive
polyamides and others. By products, the market industry is parted into;
Standard, Distilled and Distilled & hydrogenated. Geographically, the
global dimer acid market is segmented into regions which are; Asia-Pacific
(Japan, China, India, Australia, South Korea and Rest of Asia Pacific), Europe
(Germany, Spain, Italy, France, UK and Rest of Europe), North America (the
United States, Mexico and Canada)and Rest of the World (Brazil, Saudi Arabia,
South Africa, United Arab Emirates and Others).
Browse full research report with TOC on "Dimer Acid
Market Is Projected To Be Around $ 2.57 Billion By 2025" at :
Competitive Insights
The global market
industry is greatly focused on four key companies reporting for around 45% of
the total market volume. Some of the major players in global dimer acid market
involve, Arizona Chemicals, Florachem Corp., Aturex Group, BASF, Emery Oleochemicals,
Oleon N.V., Novepha Co. Ltd., Anqing Hongyu Chemical Co. Ltd., Nissan Chemical
America Corp. and Harima Chemicals.
The global dimer acid
market is segmented as follows-
By Product Type
- Standard
- Distilled
- Distilled
& hydrogenated
By Application
- Non-reactive
polyamides
- Reactive
polyamides
- Oilfield
chemicals
- Other
Applications
Inquire
more about this report @: https://www.crystalmarketresearch.com/send-an-enquiry/CM09213
About Crystal Market Research
Crystal
Market Research is a U.S. based market research and business intelligence
company. Crystal offers one stop solution for market research, business
intelligence, and consulting services to help clients make more informed
decisions. It provides both syndicated as well as customized research studies
for its customers spread across the globe. The company offers market
intelligence reports across a broad range of industries including healthcare,
chemicals & materials, technology, automotive, and energy.
Contact:
Judy
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Website: http://www.crystalmarketresearch.com
No comments:
Post a Comment