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 AcidPolyamides Build on Dimer Fatty AcidIndustrial Polyamide-Based Cable Protection SystemsTrends in the Construction Industry Influence Market Uptake of Dimer AcidIncreased Activities of Remodeling and Renovation to Propel the GrowthGrowing Adoption of Dimer Acid in Paints and Coatings Drives Market GrowthStrong 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 & CoatingsSurging Usage of Hot Melt Adhesives Spur the Demand for Dimer AcidDiverse End-Use Markets – A Major Plus for Hot Melt AdhesivesPackaging: The Largest Market for Hot Melt AdhesivesKey Packaging Applications & Benefits of HMAsHot Melt Adhesives from Biodegradable ResourcesStrong Demand for Fuel Additives to Boost Consumption of Dimer AcidRobust Fuel Additives Market to Boost Demand for Dimer Acid, a Key Commodity in the Upstream Value ChainFuel Additive Market: Primary DriversGuidelines to Curb Emissions Ignite DemandExpansion of Automotive Industry & Rising Gasoline DemandRising Consumption of Aviation FuelsEmergence of Green Fuel AdditivesEmergence of Green Corrosion Inhibitors as Raving Trend to Augur Well for Dimer AcidToxicity Concerns Augment Demand for Green InhibitorsDimer Acid: Gaining Attention for Anti-Corrosion PropertiesRising Opportunities in the Automotive Sector Drive Market DemandWorld Automobile Production in Million Units: 2008-2022Growing Opportunities in the Cosmetics IndustryPromising Growth of Oilfield Chemicals to Boost Dimer Acid ConsumptionProcess & Technology Advancements Augur Well for Market Growth

Key Companies Profiled

Fujian Zhongde Energy Co. LtdBASF SEMilliporeSigmaCroda International PLCEmery Oleochemicals GroupNissan Chemical CorporationOleon NVHarima Chemicals Group, Inc.Ingevity CorporationA.B. EnterprisesKLK OleoAnhui Elite Industrial Co., Ltd.Kraton CorporationBOC SciencesAtaman Kimya AS

Key Topics Covered:

1. MARKET OVERVIEW

World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022 and 2023COVID-19-Led Economic Downturn Weighs on Construction Sector, Affecting Dimer Acid MarketWorld Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022COVID-19 Impact on Dimer Acid MarketCompetitive LandscapeDimer 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 ProspectsGlobal Dimer Acid Market Continues Leaping from Strength to StrengthHydrogenated & Distilled Dimer Acid & Oilseed Chemicals: Principal Segments of Dimer Acid MarketNon-reactive Polyamide Resins Dominate, While Reactive Polyamide Resins to Witness Fastest GrowthRegional Market AnalysisMarket RestraintsRecent 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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