Dimer Acid Market 2019 Global Market Challenge, Driver, Trends & Forecast to 2023

1. Dimer Acid Market Research Report – Forecast to 2023

2. Dimer Acid Market Research Report – Forecast to 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 REQUEST SAMPLE VIEW REPORTS PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

3. Dimer Acid Market - 2023 Global Dimer Acid Market Information: By Product Type (Standard, Distilled, Distilled & Hydrogenated), Application (Reactive & Non-Reactive Polyamide, Oilfield Chemical, Cosmetic Products), End-Use Industry (Construction, Oilfield, Cosmetics), And Region- Forecast Till 2023 Dimer acid is a yellow, viscous, and transparent liquid made by dimerizing unsaturated fatty acids on clay catalysts. Its molecular formula is C36H68O4. Unsaturated fatty acids are obtained from natural sources such as oleic acid, canola oil, tallow, cottonseed, tall oil, and rapeseed oil. Dimer acid is also known as dimerized fatty acids and 36 dimer acids. It is non-toxic and eco-friendly. It offers excellent properties to the polymer such as excellent elasticity, flexibility, high impact strength, hydrolytic stability, thermal stability, hydrophobicity, and lower glass transition temperatures. Dimer acid is widely used to synthesize polyamide resins. The polyamide resins are of two types reactive polyamide and nonreactive polyamide. The reactive polyamide is widely used as a curing agent for epoxy resin for thermosetting surface coating, adhesives, potting materials & lining, molded resin, marine coating, heavy duty coating, and others. The nonreactive polyamide is used for producing hot melt adhesives and printing inks. Dimer acid is also used in oilfield application as a corrosion & scale inhibitor, wetting agents, surfactants, and demulsifier. Moreover, it is used in cosmetics & personal care products such as in hair color products, depilatory wax removal products, and to make safer nail polishes. Rapidly growing construction industry boost the demand for adhesives, sealants, surface coating, paint & inks and thereby it is expected to ensure stable revenue source for dimer acid market. Additionally, increasing number of drilling activities across the globe to meet excess energy demand is expected to boost the demand for oilfield chemicals, which positively impact the global dimer acid market. Furthermore, the cosmetics application is expected to fuel the dimer acid market to a large extent. www.marketresearchfuture.com

4. Dimer Acid Market - 2023 Regional Analysis The Global Dimer Acid market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is leading the regional landscape owing to high demand from the construction industry for hot melt adhesives, normal adhesives, surface coatings, sealants, and paints among others. Additionally, rising energy demand is expected to increase the consumption of oilfield chemicals in Asia Pacific region, particularly in China. Furthermore, growing trends of using bio-based cosmetics are expected to show rising demand for dimer acid from the cosmetics industry. The Middle East is following the Asia Pacific in terms of market consumption and is expected to witness a significant growth for dimer acid over the forecast period. Ongoing infrastructural projects were taken up by the Middle East government to flourish tourism industry is expected to boost the demand for adhesives, sealants, surface coatings, paints, which is likely to impact the growth of dimer acid market positively. Additionally, the demand for oilfield chemicals is expected to show a steady growth during the forecast period due to the high concentration of oilfield reserves in the region. North American and European markets are relatively mature and are expected to show a considerable demand over the forecast period owing to high construction spending, especially for renovation activities. Latin America is expected to show a moderate demand for dimer acid, particularly in Mexico and Brazil, due to ongoing construction activities. Key Players Some of the prominent players operating in the global dimer acid market are Shandong Huijin Chemical Co. Ltd (China), Croda International Plc (U.K.), Oleon Corporate M&S (Europe), AnqingHongyu Chemical Co., Ltd(China), Florachem Corporation. (U.S.), Emery Oleochemicals (Malaysia), Jinan tongfa resin Co. Ltd. (China), Krayton Corporations (U.S.), Aturex Group (China). www.marketresearchfuture.com

5. Dimer Acid Market - 2023 Market Segmentation The global dimer acid market is segmented by product type, application, end-use industry, and region. On the basis of the product type, the global dimer acid market is segmented into standard, distilled, and distilled & hydrogenated. On the basis of the application, the global dimer acid market is segmented into reactive polyamide, non-reactive polyamide, oilfield chemical, cosmetics & personal care products, and others. On the basis of the end-user industry, the global dimer acid market is segmented into construction, oilfield, cosmetics industry, and others. On the basis of the region, the global dimer acid market is segmented into Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. Intended Audience Dimer acid manufacturers Traders and distributors of dimer acid Research and development institutes Potential investors Raw material suppliers Nationalized laboratory www.marketresearchfuture.com

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