Dimer Acid Market worth USD 2.57 Billion By 2025 - Crystal Market research

1. Dimer Acid Market is projected to expand at a steady CAGR over the forecast period 2025 A research study titled, “Dimer Acid Market by Products, Application - Global Industry Analysis and Forecast To 2025” published by Crystal Market Research, states that the Dimer Acid Market is projected to be around $ 2.57 billion by 2025. Report Overview: The Global Dimer Acid Market was valued roughly USD 1.43 billion in 2016 and is likely to reach around USD 2.57 billion by the end of 2025 while compound annual growth rate (CAGR) of 6.70% during the forecast period. Dimer acids are also known as dimerized fatty acids. They are dicarboxylic acids made from dimerizing unsaturated fatty acids produced from tall oil, frequently on clay catalysts. The Chemical Abstracts Service (CAS) registry number of the material is [61788-89-4]. For more information, click on the below link @ https://www.crystalmarketresearch.com/report/dimer-acid-market Dimer acids are primarily employed for deriving polyamide resins. They are also used in adhesives, surfactants, alkyd resins, as lubricants, fuel oil additives, etc. It is a yellow or light yellow viscous transparent fluid. It is non-toxic in nature. Dimer acid generally contains primarily a dimer of stearic acid. It is also known C36 dimer acid. Dimer acids can be transformed to dimer amines by the help of chemical reaction of ammonia and following diminution. Dimer acids are produced by dimerizing unsaturated fatty acids that are obtained from canola oil, oleic acid, tall oil, cottonseed, tallow and rapeseed amongst others. Dimer acids are extensively used to blend hot melt adhesives and polyamide resins. 1 | P a g e

2. The global dimer acid market is anticipated to witness rapid growth due to increasing demand for polyamide resins in adhesives and coatings industries. The demand for dimer acid is likely to boost owing to its widespread applications in industries, such as adhesives, paints, and oilfield chemicals amongst others. These industries would experience a constant growth in the outlook, thereby fueling the growth of global dimer acid market. Regional Outlook: The escalating number of drilling across the world to fulfill extra energy demand is anticipated to optimistically impact oilfield chemicals and dimer acid demand. Presently, non-reactive polymer dominates the application section in the dimer acid market. Though, reactive polymers are estimated to demonstrate the maximum CAGR owing to its rising popularity in marine coatings and construction, particularly in Asia-Pacific region. In spite of its affirmative position, the dimer acid market is prone to experience fluctuations in the cost of raw materials such as cottonseed oil, soybean oil, and rapeseed oil that can hinder the growth of the global market during the forecast years. Top Major Market Players: The key market manufacturers in global dimer acid market includes; Harima Chemicals, Arizona Chemicals, Nissan Chemical America Corp., Aturex Group, BASF, Novepha Co. Ltd., Emery Oleochemicals, Oleon N.V., Anqing Hongyu Chemical Co. Ltd., and Florachem Corp. The Global Dimer Acid Market is segmented as follows- Applications: Oilfield chemicals, Non-reactive polyamides, Reactive polyamides and others. By products: Standard, Distilled and Distilled & hydrogenated. Purchase the report @ https://www.crystalmarketresearch.com/checkout/CM09213 About Crystal Market Research: Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy. Contact Us: Judy 304 South Jones Blvd, Suite 1896, Las Vegas NV 89107, United States. Toll Free: +1-888-213-4282 Website: http://www.crystalmarketresearch.com For More Discounts Offers Email at sales @ sales@crystalmarketresearch.com 2 | P a g e