Dimer
Acid Market Research Report (2020-2025) Provides In-Depth
Analysis by Scope, Growth Rate, Driving Factors, Competitive Situation, Top
Manufacturers and Upcoming Trends. Dimer Acid Market report split global into
several key Regions which mainly includes Market Overview, Table of Content,
List of Figures and Applications. Dimer Acid Market Growing at Higher CAGR Rate
of XX% between (2020-2025).
Summery:-
The global dimer acid market size
is expected to value at USD 2.30 billion by 2024. The market is subject to
witness a substantial growth due to the increasing demand for polyamide type of
resins in coatings and adhesives industries. Rapid industrialization in
developing economies across Asia Pacific and North America is anticipated to
stimulate market expansion over the forecast period.
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The key driving factors responsible for the growth of Dimer Acid
market :
In addition, rise in the number
of manufacturing activities in the BRICS economies such as, Brazil, India,
Russia, China, and South Africa is projected to expand market reach of dimer
acid industry in the upcoming years. Growing number of infrastructure
activities for better residential as well as public infrastructure,
particularly in Asia Pacific region are propelling market growth, in the recent
years. Globally, the dimer acid market is predicted to grow at CAGR of 4.0% in
the forecast period, providing numerous opportunities for market players to
invest for research and development in the market.
Increasing demand from building
& construction sector is predicted to amplify market value of dimer acid
over the forecast period. In addition, increasing government spending on
various infrastructural projects, particularly in the Asia Pacific and South
America region are anticipated to fuel market expansion over the coming years.
Polyamide resins such as dimer acid are adopted for production of adhesives
& construction materials due to their unique structural properties.
Moreover, oilfield chemicals are
used in wide range application involving oil & gas extraction, and
processing activities. These chemicals are also widely adopted for drilling,
refining, and hydraulic fracturing activities. The factors are expected to play
vital role in future growth of dimer acid industry over the next seven years.
Common oilfield chemicals, which are used as a raw material, include corrosion
& scale inhibitors, wetting agents, surfactants, and demulsifiers.
Shifting trend towards local
energy generation rather than energy import, to become self-sufficient and
cater to the growing energy demand in developing economies across the Asia
Pacific region are expected to fuel market demand for dimer acid in the near
future. Rise in the number of drilling activities across the globe to meet
growing energy demand is estimated to favor growth of oilfield chemicals, thus
fostering dimer acid demand as well.
The dimer acid market is broadly
categorized into three major segments based on the application type such as
nonreactive polyamide resins, reactive polyamide resins, and oilfield
chemicals. The reactive polyamide resins is considered as one of the fastest
growing segment in the dimer acid industry with substantial revenue generation
in the last few years.
View Full Table of
Contents of This Report @ https://www.millioninsights.com/industry-reports/dimer-acid-market
Table of Contents:-
• Dimer Acid Market Overview
• Dimer Acid Market Competition by
Manufacturers
• Dimer Acid Market Production, Revenue
(Value) by Region (2014-2025)
• Dimer Acid Market Supply (Production),
Consumption, Export, Import by Regions (2014-2025)
• Dimer Acid Market Production, Revenue
(Value), Price Trend by Type
• Dimer Acid Market Analysis by
Application
• Dimer Acid Market Manufacturers
Profiles/Analysis
• Dimer Acid Market Manufacturing Cost
Analysis
• Dimer Acid Market Industrial Chain,
Sourcing Strategy and Downstream Buyers
• Dimer Acid Market Marketing Strategy
Analysis, Distributors/Traders
• Dimer Acid Market Effect Factors
Analysis
• Dimer Acid Market Research Findings
and Conclusion
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