Dimer Acid Market Global Growth Forecast at 6.39% CAGR to 2021

Global Dimer Acid Market 2017-2021 report prepared based on an in-depth market analysis with inputs from industry experts and includes a discussion of the key vendors operating in dimer acid market.

November 7, 2017 /MarketersMedia/ —

Dimer acid market analysis the current trends, growth and opportunities impacting the market and in-depth study on the current state of the dimer acid industry. One trend in the market is APAC leading the market. APAC is the fastest growing region, which is expected to dominate the market for dimer acid during the forecast period. It is mainly due to the substantial economic growth and increase in the disposable income of consumers. The speedy increase in development and industrialization in China, India, and Japan is the main demand driving factor for dimer acid products in this region.

Browse Dimer Acid Market report with 32 Exhibits, Top 12 Companies Profile, Spread across 76 pages available @ http://www.rnrmarketresearch.com/global-dimer-acid-market-2017-2021-market-report.html .

According to the Dimer acid market report, one driver in the market is growing construction activities. The global construction industry is expected to value $15 trillion by the end of 2030. APAC is the base for four of the world’s emerging and growth-leading economies (EAGLEs), namely China, India, the Philippines, and Indonesia. In APAC, Vietnam is also considered as a potential emerging market, while Singapore is one of the key market conferring to the quality of infrastructure. These developing markets are facing stiff competition from other developing countries as well as developed countries when it comes to the development of quality of infrastructure. The analysts forecast global dimer acid market to grow at a CAGR of 6.39% during the period 2017-2021.

Dimer acids are dicarboxylic acids mainly produced by using dimerizing unsaturated fatty acids derived from oleic acid, tall oil, cottonseed oil, or canola oil. Dimer acids are mainly used in the synthesis of hot melt adhesives and polyamide resins. These are also used in adhesives, alkyd resins, lubricants, and fuel oil additives. Dimer acids are pale yellow colored, viscous, and transparent liquids. The non-toxic nature of dimer acid makes it widely preferred in its end-user industries.

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Key players in the global dimer acid market: Croda International, Emery Oleochemicals, Florachem, Kraton Corporation, and Oleon. Other Prominent Vendors in the market are: Anqing Hongyu Chemical, BOC Sciences, Chemical Associates, Harima Chemicals Group, Jarchem Industries, Jiangsu Yonglin Oleochemical, and Shandong Huijin Chemical.
Further, the report states that one challenge in the market is fluctuating price of raw materials. Several dimerized unsaturated fatty acids are generally used to produce dimer acids. These are commonly obtained from various types of oils and fats such as canola oil, tall oil, cottonseed oil, tallow, rapeseed oil, passion flower oil, soybean oil, and rice bran oil. Vegetable oils and fats are primarily used as raw materials for manufacturing dimer acid in the European and North American markets. The inconsistent supply of oil and fat is a major challenge for the global dimer acid market.

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List of Exhibits
Exhibit 01: Global dimer acid market
Exhibit 02: Global dimer acid market 2016 and 2021 ($ millions)
Exhibit 03: Market forecast: Global dimer acid market 2016-2021
Exhibit 04: Five forces analysis
Exhibit 05: Global dimer acid market by application 2016 (% share of revenue)
Exhibit 06: Global dimer acid market by application 2021 (% share of revenue)
Exhibit 07: Global dimer acid market by non-reactive polyamides 2016 and 2021 ($ millions)
Exhibit 08: Global dimer acid market by non-reactive polyamides 2016-2021
Exhibit 09: Global dimer acid market by reactive polyamides 2016 and 2021 ($ millions)
Exhibit 10: Market forecast: Global dimer acid market by reactive polyamides 2016-202 and more..

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Release ID: 260772