Press release
Dimer Acids Market To Surpass US$ 1000 Million By 2027 | BASF SE, Croda International Plc., Arizona Chemical Company
Dimer acid (C36H68O4) is a chemical compound having the formula C36H68O4. It's a clear light yellow liquid that's commonly used to make hot melt adhesives and polyamide resins. Dimer acid is also known as dimerized fatty acids, and it is made up of unsaturated fatty acids like oleic acid, canola oil, and tall oil. Adhesives, surfactants, fuel oil additives, alkyd resins, and lubricants are all made with dimer acid. They're non-toxic and can be utilised to make reactive and non-reactive polyamides for epoxy resins, corrosion inhibitors, polyol esters, personal care products, and drilling muds in oil fields.In terms of revenue, the global dimer acid market is expected to cross US$ 1000 million by the end of 2027, rising at a CAGR of 6.1 percent over the forecast period (2019 to 2027).
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Major Key Players Covered In This Report: BASF SE, Croda International Plc., Arizona Chemical Company, LLC, Oleon NV, Shandong Huijin Chemical Co. Ltd., Liancheng Baixin Science and Technology Co. Ltd., Jiangsu Jinma Oil Technology Development Co., Ltd., and Jiangsu Yonglin Oleochemical Co., Ltd...
Because of dimer acids' eco-friendly characteristics, the worldwide dimer acids market has seen a boom in growth in recent years. Furthermore, dimer acids are used in a variety of end-user sectors, including the automobile industry, printing inks, paints, coatings, oil & gas, and others, which is projected to boost demand for dimer acids globally in the future years.The global dimer acid market is divided into reactive polyamide resins, non-reactive polyamide resins, oilfield chemicals, and resins based on application. Dimer acids are commonly employed in the manufacturing of reactive polyamide resins, which are then used in the formulation of various goods such as inks, coatings, adhesives, and other materials. This scenario is projected to drive the worldwide dimer acids market forward in the coming years.
Reasons to Purchase Report:
• The paper looks at how Dimer Acids is expected to expand in the future.
• Using Porter's five forces analysis, examine several views on the Dimer Acids.
• The product type that is projected to dominate the Dimer Acids market and the regions that are expected to grow the fastest throughout the forecast period are investigated.
• Recognize the leading market participants' new advancements, Dimer Acids shares, and policies.
• In the last five years, the competitive landscape has included the Dimer Acids share of significant firms as well as the important policies adopted for development.
• Comprehensive company profiles including the major Dimer Acids player's product offerings, essential financial information, current advancements, SWOT analysis, and strategies.
𝗖𝗵𝗿𝗶𝘀𝘁𝗺𝗮𝘀 𝘀𝗮𝗹𝗲 𝗶𝘀 𝗹𝗶𝘃𝗲!
𝒈𝒆𝒕 𝒆𝒙𝒄𝒍𝒖𝒔𝒊𝒗𝒆 𝒄𝒉𝒓𝒊𝒔𝒕𝒎𝒂𝒔 𝒅𝒊𝒔𝒄𝒐𝒖𝒏𝒕 𝒐𝒇 𝟮𝟱-𝟯𝟬 % 𝒕𝒊𝒍𝒍 𝟯𝟭 𝒅𝒆𝒄 𝟮𝟬𝟮𝟭
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