openPR Logo
Press release

Dimethylolpropionic Acid Market to be Worth US$ 115.9 Mn by 2020

09-19-2017 07:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Dimethylolpropionic Acid Market to be Worth US$ 115.9 Mn by 2020

Future Market Insights (FMI) delivers key insights on the global dimethylolpropionic acid market in its upcoming report titled “Dimethylolpropionic Acid (DMPA) Market: Global Industry Analysis and Opportunity Assessment 2015–2020”. The global Dimethylolpropionic Acid (DMPA) market is projected to expand at a CAGR of over 8% during the forecast period (2015–2020), largely due to increasing demand for polyurethane dispersions, regarding which FMI offers vital insights in detail in this report.

On the basis of application, the market has been segmented into polyurethane dispersions, resin coatings and others. The polyurethane dispersions applications segment is estimated to remain the largest application area for DMPA, accounting for over 80% share of global consumption in 2014. DMPA is most widely used in Polyurethane Dispersions (PUDs) in order to improve hydrophilic properties of polyurethane polymer. PUDs is further used in applications such as adhesives, glass fiber sizing, automotive topcoats, wood finishing and other such applications.

View and Download TOC of Dimethylolpropionic Acid (DMPA) Market Research Report@ https://www.futuremarketinsights.com/reports/dimethylolpropionic-acid-market/toc

Resin coatings is another application which consumes substantial amount of DMPA. DMPA is used in water soluble alkyd resins and polyester resins for improved hydrolytic stability, minimal coupling solvent. DMPA improves early water spot resistance in air dried resins. Consumption of DMPA in both polyurethane dispersions and resin coatings application is projected to expand at CAGR in between 7% to 10% through the forecast period. The others segment, which includes powder coatings, electrode position coatings, epoxy ester coatings and print inks is expected to expand at a moderate CAGR of 5.4% during the forecast period and is expected to account for over US$ 6 Mn by the end of 2025.

Growth of the global DMPA market is mainly driven by increasing demand for polyurethane dispersions along with that for polyester and alkyd resin. Moreover, increasing demand for eco-friendly products and functional finishes are other factors driving growth of the DMPA market. According to FMI analysis, growth in polyurethane dispersions industry, especially in developing economies, coupled with intensifying penetration of powder coating in the automobile industry is bolstering demand for DMPA. Automotive industry is the fastest growing end-user of powder coating, owing to which demand for powder coating is projected to increase at a CAGR of 6.5% during the forecast period. This in turn, is expected to fuel demand for DMPA.

Request and Download Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-339

This report covers trends that are driving growth of each segment and the respective sub-segments and offers analysis and insights on the potential of the Dimethylolpropionic Acid (DMPA) market in specific regions. APEJ is expected to dominate the Dimethylolpropionic Acid (DMPA) market, accounting for over 36% share of the overall market by the end of 2015, and is anticipated to remain dominant till the end of 2025. Western Europe is estimated to be the second-largest market, accounting for over 22% of market share by the end of 2015. Japan is estimated to account for over 8.9% share of the total DMPA market by the end of 2015. The APEJ market is anticipated to expand at the highest CAGR during the forecast period, followed by Eastern Europe, due to increasing investment and economic development in these regions.

Key players in the global Dimethylolpropionic Acid (DMPA) market include Geo Specialty Chemicals, Inc., Perstorp Specialty Chemicals AB, Henan Tianfu Chemical Co. Ltd., Jiangxi Nancheng Hongdu Chemical Technology Development Co., Ltd., Shenzhen Vtolo Chemicals Co., Ltd. Currently, major participants, such as Geo Specialty Chemicals, Inc. and Perstorp Speciality, are mainly focusing on business expansion in emerging regions in order to enhance their global presence. Moreover, these key players are focusing on expanding their chemical portfolio through various strategic acquisitions and mergers. For example, since its establishment, Geo Speciality Chemicals Co., Ltd has acquired over 15 companies, which include Rhône Poulenc, Courtney Industries Inc., Cytec Industries, Henkel North America and Mallinckrodt Inc.

Buy Full Dimethylolpropionic Acid (DMPA) Market Report@ https://www.futuremarketinsights.com/checkout/339

About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.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 Dimethylolpropionic Acid Market to be Worth US$ 115.9 Mn by 2020 here

News-ID: 724623 • Views: 97

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for DMPA

Dimethylolpropionic Acid (DMPA) Market: APEJ to Remain Largest Consuming
Future Market Insights (FMI) delivers key insights on the global dimethylolpropionic acid market in its upcoming report titled “Dimethylolpropionic Acid (DMPA) Market: Global Industry Analysis and Opportunity Assessment 2015–2020”. The global Dimethylolpropionic Acid (DMPA) market is projected to expand at a CAGR of over 8% during the forecast period (2015–2020), largely due to increasing demand for polyurethane dispersions, regarding which FMI offers vital insights in detail in this report. On the
Dimethylolpropionic Acid (DMPA) Market Forecasted to Reach US$ 115.9 Mn Value by …
Future Market Insights (FMI) delivers key insights on the global dimethylolpropionic acid market in its upcoming report titled “Dimethylolpropionic Acid (DMPA) Market: Global Industry Analysis and Opportunity Assessment 2015–2020”. The global Dimethylolpropionic Acid (DMPA) market is projected to expand at a CAGR of over 8% during the forecast period (2015–2020), largely due to increasing demand for polyurethane dispersions, regarding which FMI offers vital insights in detail in this report. On
Dimethylolpropionic Acid (DMPA) Market Forecasted to Reach US$ 115.9 Mn Value by …
Future Market Insights (FMI) delivers key insights on the global dimethylolpropionic acid market in its upcoming report titled “Dimethylolpropionic Acid (DMPA) Market: Global Industry Analysis and Opportunity Assessment 2015–2020”. The global Dimethylolpropionic Acid (DMPA) market is projected to expand at a CAGR of over 8% during the forecast period (2015–2020), largely due to increasing demand for polyurethane dispersions, regarding which FMI offers vital insights in detail in this report. On
Dimethylolpropionic Acid (DMPA) Market Poised to Expand at 8.0% CAGR During 2014 …
Future Market Insights (FMI) delivers key insights on the global dimethylolpropionic acid market in its upcoming report titled “Dimethylolpropionic Acid (DMPA) Market: Global Industry Analysis and Opportunity Assessment 2015–2020”. The global Dimethylolpropionic Acid (DMPA) market is projected to expand at a CAGR of over 8% during the forecast period (2015–2020), largely due to increasing demand for polyurethane dispersions, regarding which FMI offers vital insights in detail in this report. On the
Global Dimethylolpropionic Acid (DMPA) (Cas 4767-03-7) Market Research Report Fo …
ReportsWorldwide has announced the addition of a new report title Global Dimethylolpropionic Acid (DMPA) (Cas 4767-03-7) Market Research Report Forecast 2017 to 2021 to its growing collection of premium market research reports. The Global Dimethylolpropionic Acid (DMPA) (Cas 4767-03-7) Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Dimethylolpropionic Acid (DMPA) (Cas 4767-03-7) industry overview with growth analysis and historical & futuristic
By 2020 Dimethylolpropionic Acid (DMPA) Market is Projected to Enlarge at 8.0% C …
Future Market Insights (FMI) delivers key insights on the global dimethylolpropionic acid market in its upcoming report titled “Dimethylolpropionic Acid (DMPA) Market: Global Industry Analysis and Opportunity Assessment 2015–2020”. The global Dimethylolpropionic Acid (DMPA) market is projected to expand at a CAGR of over 8% during the forecast period (2015–2020), largely due to increasing demand for polyurethane dispersions, regarding which FMI offers vital insights in detail in this report. On the