The future of the global dimer acid market looks promising with opportunities in the reactive & non-reactive polyamide, oilfield chemical, and cosmetic product applications. The global dimer acid market is expected to reach an estimated $2.9 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing demand for adhesives and sealants, rising demand for this acid based cosmetic products, and expanding use of acid-based polyamide resins in maritime coatings.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the dimer acid market by
product type (standard, distilled, and distilled & hydrogenated),
application (reactive & non-reactive polyamide, oilfield chemical, cosmetic
products, and others), and region (North America, Europe, Asia Pacific, and the
Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will
grow at a faster pace and why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the
emerging trends in this market and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market,
standard, distilled, and distilled & hydrogenated are the major segments of
dimer acid market by product type. Lucintel forecasts that distilled &
hydrogenated is expected to witness highest growth over the forecast
period.Within this market, reactive & non-reactive polyamide will remain
the largest segment due to its increasing demand as surface coatings from the
automobile industry.
APAC is expected to
witness highest growth over the forecast period due to increasing
constructional activity in the region.
Florachem, BASF, Arizona
Chemicals, Emery Oleochemicals, Aturex, Anqing Hongyu Chemical, Oleon, Novepha,
Harima Chemicals, and Nissan Chemical America are the major suppliers in the
dimer acid market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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