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

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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SOURCE Research and Markets