Dimer Acids Global Strategic Business Report 2022-2030 - Growing Adoption of Dimer Acid in Paints and Coatings Drives Market Growth

Dublin, Dec. 28, 2023 (GLOBE NEWSWIRE) -- 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 Attributes:*
*Report Attribute* *Details*
No. of Pages 338
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $688.6 Million
Forecasted Market Value (USD) by 2030 $1000 Million
Compound Annual Growth Rate 4.8%
Regions Covered Global*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/ko4qix

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*Attachment*

· Dimer Acids Market

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