Press release
Dimer Acid Market to grow at a healthy CAGR up to 2023, APAC to show steady growth
Dimer Acid Market
North America dimer acid market price worth USD 300 million in 2015, is projected to witness a substantial growth over the coming seven years. The regional growth can be credited to rapid infrastructure development along with supportive government policies favoring the use of epoxy, masonry coatings, and adhesives in the construction sector. U.S. market revenue worth USD 200 million in 2015, is expected to register highest growth rates at 6% over 2016-2023.
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Polyamide resin consumption due to strong construction spending particularly in BRICS nations may drive product demand. Nonreactive polyamide resins dominated the application landscape by accounting over 40% of global dimer acid market share in 2015. Strong solvent demand from adhesives and printing inks will drive non-reactive polyamide resin applications.
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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF
2. Arizona Chemicals
3. Croda International
4. Anqing Hongyu Chemical Company Ltd
5. Aturex Group
6. Harima Chemicals
7. Jiangsu Yonglin Oleochemical
8. Shangdong Huijin Chemical
9. Novepha Company Limited
10. Florachem Corp.
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. Major companies are actively involved in M&A and joint venture agreements with small scale producers in order to strengthen their market presence. Emergence of large number of dimer acid producers in China may further increase competitiveness among market participants.
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
Growing demand for polyamide resins owing to rise in expenditure on construction activities is predicted to favorably affect global dimer acid market size over the coming years. According to Global Market Insights, Inc., “Dimer Acid industry size is predicted to reach USD 2.2 billion by 2023.” EPA and REACH norms favoring the use of dimer acid in various sectors owing to its non-toxic nature is expected to boost the global industry trends over the coming years.
Glimpse of Table of Content (ToC)
Chapter 3. Dimer acid Market Insights
3.1. Dimer acid Market segmentation
3.2. Dimer acid Market Size and forecast, 2012 – 2023
3.3. Dimer acid Market 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
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/dimer-acid-market
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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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