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Consumption of Dimeric Fatty Acid is Largest in Non-reactive Polyamides Application Accounted For Over 42% Revenue Share

01-20-2023 07:00 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Dimeric Fatty Acid Market

Dimeric Fatty Acid Market

The market for dimeric fatty acids is expected to reach USD 974 billion by 2032, up from an estimated USD 703 million in 2022, with a CAGR of 9.7% throughout that period. Tall oil fatty acids can be dimerized to produce dimeric fatty acids, also known as di-carboxylic acids, which are non-toxic and have two functions (TOFA).

They are clear, light yellow liquids that are often utilised as a rheology controller or polymer building block in the fabrication of polyamide hot melt adhesives and polyamide resins. They can assist improve the water repellency, hydrolytic stability, and pigment wetting qualities of polymers.

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What Makes the Consumption of Dimeric Fatty Acid is Largest in Non-reactive Polyamides Application?

Fact.MR anticipates a large increase in the usage of dimeric fatty acids as a result of the widespread adoption of non-reactive polyamide resins. According to the analysis, non-reactive polyamides generated over 42% of the market's revenue in 2021 and will continue to consume the majority of the world's dimeric fatty acids in the years to come.

The use of non-reactive polyamides across a variety of industries is projected to increase consumption of dimeric fatty acids because they are a precursor for non-reactive polyamide resins. Printing inks, coatings, and adhesives are three end-use industries that are projected to continue to be significant consumers of dimeric fatty acids in the coming years. These businesses frequently use non-reactive polyamide resins.

Key Companies Profiled

• Anqing Hongyu Chemical Co. Ltd.
• Aturex Group
• Croda International Plc.
• Emery Oleochemicals GmbH
• Florachem Corp.
• Jarchem Industries Inc
• Jiangsu Jinma Oil Technology Development Co. Ltd.
• Jiangsu Yonglin Oleochemical Co. Ltd.
• Kraton Corporation
• Liancheng Baixin Science and Technology Co. Ltd.
• Oleon NV
• Shandong Huijin Chemical Co. Ltd

What insights this research provides to readers?

• Dimeric Fatty Acid fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Dimeric Fatty Acid player.
• Various regulations imposed by the governments on the consumption of Dimeric Fatty Acid in detail.

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Based on precise data trends and classification, we provide one of the most thorough and understandable regional breakdowns of the global Dimeric Fatty Acid market. With regard to a variety of industries, from developing markets to regional markets, our specialists provided insightful analysis. Expect a thorough examination of the most significant economies in the globe, both internationally and globally.

The most recent market research report, which is being distributed to a global audience, offers business forecasts, growth trends in important regions, and development developments. The thorough market research helps customers navigate the data and understand the analysis. A deeper understanding of the industry, thorough predictions, product production, and overall market income can all be aided by geographic market research.

Dimeric Fatty Acid Market: Segmentation

• By Product Type :
o Standard
o Distilled
o Distilled & Hydrogenated
• By Application :
o Reactive Polyamides
o Oil Field Chemicals
o Others

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The key perks of this report address the following questions-

• What are the key highlights of our Dimeric Fatty Acid market research report?
• What are impelling reasons for buying this report?
• What makes this Dimeric Fatty Acid market report distinct from others?
• What are the key benefits of this Dimeric Fatty Acid market research report?
• What objectives are met under this market research report?
• What research methodology do we use at FactMR?
• What insights this research provides to readers?

Check out more related studies published by Fact.MR Research:
https://www.newswire.co.kr/newsRead.php?no=945688
https://www.newswire.co.kr/newsRead.php?no=946344

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About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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