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Dimer Acid Market Forecast Industry Size Share Analysis Report 2024 | Key Players: BASF, Arizona Chemical, a Kraton Company, Croda, Oleon, Emery Oleochemicals, Jiangxi Copper Co., Ltd
Dimer Acid Market
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Increasing presence of small scale dimer acid producers in China coupled with capacity expansions by major overseas companies in the region should benefit industrial production. Raw material availability along with low manufacturing costs is one of the major factors aiding the production landscape in the region.
Regulatory support by EPA & REACH owing to its non-toxic nature will favor industry growth. Raw material supply bottleneck issues for rapeseed oil, tall oil, soy oil and sunflower oil may affect the production and affect dimer acid market price trend.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF
2. Arizona Chemical, a Kraton Company
3. Croda
4. Oleon
5. Emery Oleochemicals
6. Jiangxi Copper Co., Ltd
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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.
Dimer acid application Analysis (Volume: Kilo Tons; Revenue: USD Million; 2012 – 2023)
• Nonreactive polyamide resins
• Reactive polyamide resins
• Oilfield chemicals
• Others
Browse key industry insights spread across 70 pages with 48 market data tables & 18 figures & charts from the report, “Dimer Acid Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/dimer-acid-market
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.
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.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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