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Dimer Acids - Global Strategic Business Report

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    Report

  • 338 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5139538

Global Dimer Acids Market to Reach $1 Billion by 2030

The global market for Dimer Acids estimated at US$720.3 Million in the year 2023, is projected to reach a revised size of US$1 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2023-2030.

Standard Dimer Acids, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$481 Million by the end of the analysis period. Growth in the Distilled Dimer Acids segment is estimated at 4.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $165.7 Million, While China is Forecast to Grow at 5.8% CAGR

The Dimer Acids market in the U.S. is estimated at US$165.7 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$252.8 Million by the year 2030 trailing a CAGR of 5.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 41 Featured)

  • Fujian Zhongde Energy Co. Ltd
  • BASF SE
  • MilliporeSigma
  • Croda International PLC
  • Emery Oleochemicals Group
  • Nissan Chemical Corporation
  • Oleon NV
  • Harima Chemicals Group, Inc.
  • Ingevity Corporation
  • A.B. Enterprises
  • KLK Oleo
  • Anhui Elite Industrial Co., Ltd.
  • Kraton Corporation
  • BOC Sciences
  • Ataman Kimya AS

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Competitive Landscape
  • Dimer Acids - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Market Analysis and Prospects
  • Global Dimer Acid Market Continues Leaping from Strength to Strength
  • Hydrogenated & Distilled Dimer Acid & Oilseed Chemicals: Principal Segments of Dimer Acid Market
  • Non-reactive Polyamide Resins Dominate, While Reactive Polyamide Resins to Witness Fastest Growth
  • Regional Market Analysis
  • Market Restraints
  • Recent Market Activity
  • WORLD BRANDS
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Polyamide Resins: Holding Value Proposition for Diverse Applications & Dimer Acid
  • Polyamides Build on Dimer Fatty Acid
  • Other NoTable Applications
  • Industrial Polyamide-Based Cable Protection Systems
  • Nylon: Key Applications
  • Trends in the Construction Industry Influence Market Uptake of Dimer Acid
  • Increased Activities of Remodeling and Renovation to Propel the Growth
  • Global Remodeling Market (in US$ Trillion) for the Years 2017, 2019, 2021, 2023 and 2025
  • Growing Adoption of Dimer Acid in Paints and Coatings Drives Market Growth
  • Strong Demand for Alkyd Resins Supported by a Robust Paints and Coatings Industry to Spur Demand for Dimer Acid. Global Market for Alkyd Resins (In US$ Billion) for Years 2022, 2024, 2026 and 2028
  • Global Paints and Coatings Industry in US$ Billion: 2018-2027
  • Shift towards Low-VOC Options for Paints & Coatings
  • Surging Usage of Hot Melt Adhesives Spur the Demand for Dimer Acid
  • Global Adhesives Market (2022E): Percentage Value Breakdown by Technology
  • Diverse End-Use Markets - A Major Plus for Hot Melt Adhesives
  • Packaging: The Largest Market for Hot Melt Adhesives
  • Key Packaging Applications & Benefits of HMAs
  • Hot Melt Adhesives from Biodegradable Resources
  • Strong Demand for Fuel Additives to Boost Consumption of Dimer Acid
  • Robust Fuel Additives Market to Boost Demand for Dimer Acid, a Key Commodity in the Upstream Value Chain: Global Market for Fuel Additives (In U$ Billion) for Years 2022, 2024, 2026, 2028 and 2030
  • Fuel Additive Market: Primary Drivers
  • Guidelines to Curb Emissions Ignite Demand
  • Expansion of Automotive Industry & Rising Gasoline Demand
  • Rising Consumption of Aviation Fuels
  • Emergence of Green Fuel Additives
  • Emergence of Green Corrosion Inhibitors as Raving Trend to Augur Well for Dimer Acid
  • Toxicity Concerns Augment Demand for Green Inhibitors
  • Dimer Acid: Gaining Attention for Anti-Corrosion Properties
  • Rising Opportunities in the Automotive Sector Drive Market Demand
  • World Automobile Production in Million Units: 2008-2022
  • Growing Opportunities in the Cosmetics Industry
  • World Cosmetics Market (2022): Percentage Breakdown of Revenues for Skincare Products, Haircare Products, Makeup Products, Fragrance Products, and Other Cosmetics
  • Promising Growth of Oilfield Chemicals to Boost Dimer Acid Consumption
  • Global Demand for Oilfield Chemicals (In US$ Billion) for Years 2022, 2024, 2026, 2028, and 2030
  • Process & Technology Advancements Augur Well for Market Growth
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Dimer Acids Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Dimer Acids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Dimer Acids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Dimer Acids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Standard by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Standard by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Standard by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Distilled by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Distilled by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Distilled by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Distilled & Hydrogenated by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Distilled & Hydrogenated by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Distilled & Hydrogenated by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Non-reactive polyamides by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Non-reactive polyamides by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Non-reactive polyamides by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Reactive Polyamides by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Reactive Polyamides by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Reactive Polyamides by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Oil Field Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Oil Field Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Oil Field Chemicals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
AFRICA
  • Dimer Acids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Fujian Zhongde Energy Co. Ltd
  • BASF SE
  • MilliporeSigma
  • Croda International PLC
  • Emery Oleochemicals Group
  • Nissan Chemical Corporation
  • Oleon NV
  • Harima Chemicals Group, Inc.
  • Ingevity Corporation
  • A.B. Enterprises
  • KLK Oleo
  • Anhui Elite Industrial Co., Ltd.
  • Kraton Corporation
  • BOC Sciences
  • Ataman Kimya AS

Table Information