Press release
Dimer Acid Market Key Players are Arizona Chemicals, Oleon, Croda, BASF, Anqing Hongyu, Aturex Group, Harima, Jiangsu Yonglin oleochemical, Shangdong Huijin, Novepha, Florachem, Liancheng Baixin, and Nissan Chemical
Dimer Acid Market
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Rising crude oil and natural gas production may enhance product growth for specialty oilfield chemicals. Growth in natural gas extraction and production activities may stimulate dimer acid market growth. Natural gas is preferred over conventional source of energy such as diesel, gasoline, coal and liquefied petroleum gas owing to its low carbon emission. U.S. had production of natural gas of over 20 trillion cubic feet in 2015. China estimated to have production of over 315 billion cubic meters by 2023 to meet the energy demand and reduce the usage of conventional sources like coal.
Key insights from the report include:
• Global dimer acid market size may reach 645.1 kilo tons by 2023 with industry gains predicted at 4.4%. Growing oilfield chemical demand due to increasing drilling activities is likely to positively influence market growth.
• Reactive polyamide resin may witness highest gains at 4.6% CAGR. Rapidly increasing surface coatings and adhesive demand from construction & marine industry may propel dimer acid market size for reactive polyamide resins.
• U.S. dimer acid market size was valued above USD 200 million for 2015 and industry predicts gains at over 6% CAGR up to 2023. Government initiatives in the region to enrich public infrastructure may favor epoxy & adhesives and construction coating agents demand.
• Europe may surpass USD 690 million by 2023. ECB has initiated a strategy for funding private sector afloat in the economy which may stabilize growth rates in major industries which include energy, construction, transportation, foundry and plastics.
• Reactive polyamide resins demand in APAC may observe significant gains at 5.6% CAGR and surpass 90 kilo tons by 2023.
• Global dimer acid market share is moderately consolidated with major industry players contributing over 35% of global industry demand. Major companies include Croda, Arizona Chemicals, BASF and Oleon.
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Chapter 3. Dimer acid Industry Insights
3.1. Industry segmentation
3.2. Industry Size and forecast, 2012 - 2023
3.3. Industry ecosystem analysis
3.4. Industry Impact forces
3.4.1. Growth drivers
3.4.1.1. Increasing construction spending
3.4.1.2. Rising oilfield chemicals demand
3.4.2. Industry pitfalls & challenges
3.4.2.1. Fluctuating raw material prices.
3.5. Growth potential analysis
3.6. Porter's analysis
3.7 Company market share analysis, 2015
3.8. PESTEL analysis
Chapter 4. Dimer Acid Industry Application Insights
4.1. Global dimer acid market share by application, 2015 & 2023
4.2. Nonreactive polyamide resins
4.2.1. Market estimates and forecast, 2012 - 2023
4.2.2. Market estimates and forecast, by region, 2012 – 2023
4.3. Reactive polyamide resins
4.3.1. Market estimates and forecast, 2012 - 2023
4.3.2. Market estimates and forecast, by region, 2012 - 2023
4.4. Oilfield chemicals
4.4.1. Market estimates and forecast, 2012 - 2023
4.4.2. Market estimates and forecast, by region, 2012 – 2023
4.5. Others
4.5.1. Market estimates and forecast, 2012 - 2023
4.5.2. Market estimates and forecast, by region, 2012 - 2023
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Global dimer acid market share is fairly consolidated with prominent players including BASF, Nissan Chemical, Croda, Arizona Chemicals, Aturex Group, Jiangsu Yonglin oleochemical, Harima, Novepha, Oleon and Florachem.
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