Press release
Dimer Acid Market Growth, Analysis, Industry Demand, Key Players like BASF, Arizona Chemical, a Kraton Company, Croda , Oleon, Emery Oleochemicals
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.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.
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According to a new research report by Global Market Insights, Inc. Global Dimer Acid Market size is expected to reach USD 2.26 billion by 2023. Oilfield chemical applications may witness significant gains at 4.5% CAGR. Increasing production across OPEC countries, U.S. and Russia will stimulate dimer acid demand. Increasing application scope in new avenges such as surfactants, alkyd resins, adhesives and oil additives may complement product demand.
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.
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. Anqing Hongyu Chemical Company Ltd
5. Aturex Group
6. Harima Chemicals
7. Jiangsu Yonglin Oleochemical Co. Ltd
8. Shangdong Huijin Chemical Co. Ltd
9. NOVEPHA COMPANY LIMITED
10. Florachem Corporation
11. Liancheng Baixin Science & Technology Co. Ltd
12. Oleon
13. Emery Oleochemicals
14. Nissan Chemical Houston Corp
15. Jarchem Industries, Inc.
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.
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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.
APAC, led by China dimer acid market size, was largest regional industry and accounted for over 38% of global volume in 2015. Increasing infrastructure spending in China, Indonesia and India may drive regional demand. China’s push for shale gas exploration and oil production will drive demand in the region.
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.
Table Of Content For This Research Report:
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
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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