Global Dimer Acid Market Overview:
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.
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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.
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. The demand for the product type is mainly driven the required purity of the product.
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. Reactive polyamide is consumed majorly due to high demand from the construction industry and it is leading the global market.
On the basis of the end-user industry, the global dimer acid market is segmented into construction, oilfield industry, cosmetics, and others. The construction segment is the major contributor to the global dimer acid market due to rising urbanization, large-scale investments in infrastructure & industrial sectors, and rising construction activities in emerging economies.
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.
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Regional Analysis
The global dimer acid market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is dominating the global dimer acid market followed by the Middle East, which is further trailed by North America and Europe. The global dimer acid market is mostly driven by the demand from the construction industry for adhesives, surface coatings, paints, and sealants. Asia Pacific and the Middle East witnessed a high demand for oilfield chemicals in 2016 due to growing oilfield industry.
Competitive Analysis
Some of the key players in the global dimer acid market are Shandong Huijin Chemical Co. Ltd (China), Croda International Plc (U.K), Oleon Corporate M&S (Europe), Anqing Hongyu Chemical Co., Ltd(China), Florachem Corporation. (U.S.), Emery Oleochemicals (Malaysia), Jinan tongfa resin Co. Ltd. (China), Krayton Corporations (U.S.), Aturex Group (China).
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
4.1.4 End Users
4.2 Porter’s Five Forces Analysis
4.2.1 Threat Of New Entrants
4.2.2 Bargaining Power Of Buyers
4.2.3 Bargaining Power Of Suppliers
4.2.4 Threat Of Substitutes
4.2.5 Intensity Of Competitive Rivalry
5 Market Dynamics Of Global Dimer Acid Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
5.6 Trends/Technology
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