Dimer Acid Market Analysis and Size

The dimer market is expected to witness a higher growth over the forecast period due to increasing demand for polyamide resins in adhesives and coatings industries. The “oilfield chemicals” is the highest growing application segment of the market due to extensive application scope in oil and gas processing and extraction activities along with other applications such as well drilling, hydraulic fracturing and refining over the forecast period. Furthermore, the major market players are focusing on easy access to raw materials and meeting environmental regulations which is expected to augment the market growth during the forecast period.

Dimer acids market was valued at USD 1.61 billion in 2021 and is expected to reach USD 2.31 billion by 2029, registering a CAGR of 4.60% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand. 

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Market Definition

Dimer acids, are those dicarboxylic acids prepared by dimerizing unsaturated fatty acids. The dimerizing unsaturated fatty acids has obtained from tall oil, which is usually on clay catalysts. Dimer acids are used mainly for the synthesis of polyamide hot melt adhesives and polyamide resins. They are also used in surfactants,  fuel oil additives, lubricants, alkyd resins, and adhesives. It is a light yellow viscous or yellow or transparent liquid.

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Croda International Plc (U.K.), Kraton Corporation (Japan), BASF SE (Germany), Qingdao ECHEMI Digital Technology Co., Ltd. (China), Aturex Group (France), Harima Chemicals Group, Inc. (Japan), Forchem Oyj (Finland), Emery Oleochemicals (U.S.), Elevance Renewable Sciences, Inc. (U.S.), Cathay Biotech Inc.  (China)., TCI Chemicals (India) Pvt. Ltd. (India), Nanjing Chemlin Chemical Industrial Co. Ltd. (China), Nissan Chemical Corporation (Japan), Junheng Industrial Group Biotechnology Co.,Ltd (China)

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