Dimer acids, or dimerized fatty acids, are dicarboxylic acids prepared by dimerizing unsaturated fatty acids obtained from tall oil, usually on clay catalysts. The study is segment by product type, by application and by geography.
By product type it includes standard, distilled and hydrogenated segments. In 2014, standard product segment accounted for largest share of the market pie and projected to maintain its dominance during the forecast period 2015 to 2023. However, growth is projected to be highest from the distilled product segment.
By applications types it includes non-reactive polyamides, reactive polyamides, oilfield chemicals and others. Non-reactive polyamides was the largest application segment and projected to maintain its dominance over the next six years. By geography it includes regions such as North America, Europe, Asia Pacific, and RoW. Where in market share of each is analysed and estimates are provided for the next seven years. These regions are further sub segmented in different countries.
The global market is moderately concentrated. Players such as BASF, Arizona Chemicals and Oleon N.V. accounted for more than one third of the market pie. Some of the other leading players present in this market are Emery Oleochemicals, Croda International, Anqinig Hongyu, Shandong Huijin Chemical Co. Ltd.
Purpose of the Report
The purpose of this strategic research study titled “Global Dimer Acid Market” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global dimer acid market.
Target Audience
USP and Key Offerings
This report analyses the worldwide markets for dimer acid in USD million & kilo tons by the following product types, standard, distilled and hydrogenated. The study also includes analyses by following applications types such as non-reactive polyamides, reactive polyamides, oilfield chemicals and others. The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific and Rest of World (RoW). Annual estimates and forecasts are provided for the period 2014 through 2023 and market growth rate is calculated from 2015 to 2023. Market data and analytics are derived from primary and secondary research. We have considered demand side approach of the market. Competitive analysis is primarily based on public domain information including company URLs and company annual report.
Other in-depth analyses provided in the report include:
Overall, the research study provides a holistic view of the global dimer acid market, of growth offering market size and estimates for the period from 2015 to 2023, keeping in mind the above mentioned factors.
By product type the study includes standard, distilled and hydrogenated products. In 2014, standard product type accounted for the largest share of 42.50% of the market in terms of volume. However, growth is projected to highest from the distilled product segment. Whereas, hydrogenated product segment is projected to witness below average growth rates during the forecast period.
The application segments covered in the study include non-reactive polyamides, reactive polyamides, oilfield chemicals and others. In 2014, nonreactive polyamide resins were the leading application segment with 39% of total market revenue. Reactive polyamide resins are expected to witness highest growth rate over the forecast period due to rise in its demand from the marine coatings and other industries.
Growth of infrastructure industry in emerging markets is also projected to drive the market demand forreactive polyamide resins.Oilfield chemicals is another lucrative market projected to witness above average growth rates.
Globally, Asia Pacific is the largest and fastest marketfor dimer acid. In 2014, it accounted for 40% share of the market pie in terms of volume. RoW is another lucrative market for dimer acid after Asia Pacific. Easy availability of raw material and economic development are the factors contributing towards the market growth in Asia Pacific and RoW regions. European marketis projected to witness average growth rates during the forecast period.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Dimer Acid market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
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Application
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
