openPR Logo
Press release

Dimeric fatty acid Market Highlighting Regional Revenue Share Dominance during 2018-2027 | Key Players are Croda International Plc., Kraton Corporation, Oleon NV, etc.

05-23-2019 12:58 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Dimeric fatty acid Market Highlighting Regional Revenue Share

The purpose of this rich study presented by FactMR is to elaborate the various market projections impacting the global dimeric fatty acid market during the period until 2027. This assessment delivers high-end statistics concerning market size, Y-o-Y growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about growth trends along with opportunities that are expected to reshape the overall structure of the dimeric fatty acid market during the forecast period.

Request for Sample Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=2470

Key Developments in the Dimeric Fatty Acid Market

Croda International Plc., a British specialty chemicals company, recently declared its continuous improvement plan, which includes three important investments in the Latin American region. The company has invested in a new innovation and customer experience center and a specialty polymer plant in the region, which is a part of its five-year improvement plan.
Oleon NV, a leading player in the dimeric fatty acid market which is headquartered in Belgium, has announced the opening of its new isostearic acid production unit. The company has invested around 20 million euro in the new production unit, which will produce dimeric fatty acid and isostearic acid.
Kraton Corporation, an American manufacturer in the dimeric fatty acid market, announced a global price rise of 10-15% for Tall Oil Rosin (TOR), Tall Oil Fatty Acids (TOFA), and its other derivatives. Later, the company also declared an excused performance, or force majeure, on North America distilled tall oils due to the impacts of Hurricane Michael on its Panama facility. As tall oil is the primary raw material used in the manufacturing of dimer fatty acid, this is likely to induce a significant rise in prices of dimeric fatty acid in the upcoming years.
Another manufacturer in the dimeric fatty acid market – Florachem Corp., announced that it has moved to a newly-constructed, 30,000 square foot facility near the Port of Jacksonville, Florida. With the investments in this new facility, the company aims to centralize manufacturing and corporate functions and centralized manufacturing and corporate functions. The new location is likely to become a strength for the company as Jacksonville is the Southeast’s premier intermodal port.
The FactMR report covers all the recent developments in the dimeric fatty acid market. The report features a list of market leaders and new entrants in the dimeric fatty acid market, including Croda International Plc., Kraton Corporation, Oleon NV, Shandong Huijin Chemical Co. Ltd., Liancheng Baixin Science and Technology Co. Ltd., Jiangsu Jinma Oil Technology Development Co., Ltd., Jiangsu Yonglin Oleochemical Co. Ltd., Anqing Hongyu Chemical Co., Ltd., Aturex Group, Florachem Corp., Emery Oleochemicals GmbH, and Jarchem Industries Inc.

Browse Full Report on Market with TOC - https://www.factmr.com/report/2470/dimeric-fatty-acid-market

According to the FactMR study, Croda International Plc., Oleon NV, and Kraton Corporation are among the leading players in the dimeric fatty acid market. The study finds that Tier 1 players account for around 27% share in the dimeric fatty acid market and the market remains highly fragmented among local players. Inorganic growth is likely to remain the key strategy for Tier 1 manufacturers of dimeric fatty acid, as they are shifting their focus on acquiring local, small-scale manufacturers in the dimeric fatty acid market.

Meanwhile, Tier 2 and 3 players are competing on price in regional markets for dimeric fatty acid. As the dimeric fatty acid market is highly fragmented among small or medium-level market players, they are aiming to expand their businesses in the international markets to envisage incremental growth in the upcoming years.

Fluctuating Availability of Raw Materials Remains a Key Challenge

Over 80-85% of dimeric fatty acid is manufactured using tall oil fatty acids (TOFA), which is obtained as a by-product of the Kraft wood pulping process. However, the production of TOFA has declined steadily over the past few years owing to the palpable shift of manufacturers towards pulping younger pine trees with lower chemical content.

Research Methodology

The research methodology followed by analysts at FactMR is a proven approach that provides a base for compelling intelligence on dimeric fatty acid market. The FactMR report on dimeric fatty acid market is a result of extensive secondary research and the comprehensive primary research process for dimeric fatty acid market.

The insights on dimeric fatty acid market obtained from the primary research for dimeric fatty acid market have been utilized for authentication and validation of data obtained from secondary research process. The unique and reliable quantitative information gathered through primary research is backed by the current market dynamics to provide readers with accurate future prospects of dimeric fatty acid market.

Have Any Question? Ask Our Industry Experts - https://www.factmr.com/connectus/sample?flag=AE&rep_id=2470

About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

FactMR
11140 Rockville Pike
Suite 400, Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Dimeric fatty acid Market Highlighting Regional Revenue Share Dominance during 2018-2027 | Key Players are Croda International Plc., Kraton Corporation, Oleon NV, etc. here

News-ID: 1750799 • Views: 351

More Releases from Fact.MR

Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online

All 5 Releases


More Releases for FactMR

Elevator Sales Buoyed by Pervasive Trends of Digitalization and Mixed-Use Develo …
According to a new study by FactMR, the global sales of elevators are estimated to surpass 900 thousand units in 2019. The elevators industry continues to remain influenced by various factors, which range from the resurgent growth in new residential construction, to innovative developments in modern elevator designs such as cloud predictive maintenance and intuitive technologies. The study opines that demand for elevators shows no signs of abating alongside notable
Increased Enthusiasm for Smart Tires Expected to Impact Market Proliferation, de …
FactMR has published a new study titled “Automotive Tire Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022”, which drops light on the overall market scenario prevailing in the automotive tire sector. Based on this assessment, the automotive tire market is likely to register steady growth during the forecast period until 2022. Interestingly, it is projected that the target market will acquire nearly US$ 300 billion
Horehound Supplements Sales Sustained by Regulatory Amendments Advocating their …
According to new FactMR study, worldwide sales of horehound supplements are estimated to surpass 6,200 tons in 2019. The horehound supplements industry continues to be influenced by a slew of factors, ranging from growing consumer inclination towards botanical nutraceutical supplements to R&D investments in exploring the application scope of various traditional herbs. The study assesses the horehound supplements market in detail, and offers an analysis of the macroeconomic and industry-specific
Aluminum Alloy Metal Delivers Innovative Scope to Bolster Automotive Metal Wheel …
According to this meticulously compiled research study published by FactMR, the status of automotive metal wheel market stands dubious. Fluctuations in consumer trends together with swelling demand for light weight wheels is restricting the global market expansion. In order to confer additional market factors, readers can access the research report titled “Automotive Metal Wheel Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, added to the broad
Agriculture Sprayer Sales Surge as Cognitive Solutions and Precision Equipment G …
A recent study published by FactMR estimates the agricultural sprayer sales to surpass 3 million units by 2020. The study finds that technological transformations and digitization of the agriculture industry, along with demand for new tools and production methods, will remain key to growth of the agricultural sprayers industry. Request Here For a Free Sample Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=3476 According to the study, leading manufacturers are adopting cognitive technologies to meet growing end-user
Electric Vehicles Revolution Creates Opportunities for EV Traction Motors, Revea …
According to the latest study by FactMR, global demand of EV traction motor is estimated to exceed US$ 6,000 Mn in 2019, up from US$ 5,391.9 Mn in 2018. Sales of electric vehicles and hybrid electric vehicles, upheld by a host of technological features and claims of optimal performance, are likely to boost growth of EV traction motor market in 2019 and beyond. In addition, increasing regulations and norms put in place