Sales of Standard Dimeric Fatty Acid Will Envisage a Healthy 5.6% Value CAGR During 2019-2027

The Fact.MR study provides actionable insights based on a thorough research on growth of the dimeric fatty acid market between the period 2018 and 2027. The study projects that the sales of dimeric fatty acid will envisage a healthy 5.6% value CAGR during 2019-2027.

The research report presents a comprehensive assessment of the Dimeric Fatty Acid market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.Inorganic growth is likely to remain the key strategy for Tier 1 manufacturers of dimeric fatty acid, as they are shifting their focus on acquiring local, small-scale manufacturers in the dimeric fatty acid market.

A recent study published by Fact.MR opines that the dimeric fatty acid market will witness 5.4% value y-o-y over 2018 to surpass US$ 608 million by the end of 2019. The study remains bullish on the potential rise in demand for dimeric fatty acid, as a majority of environmentally-conscious customers from wide-ranging industries are shifting away from solvent-based raw materials to their bio-based variants.

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Prominent Leaders:

  • Croda International Plc.
  • Kraton Corporation
  • Oleon NV
  • Shandong Huijin Chemical Co. Ltd.
  • Liancheng Baixin Science and Technology Co. Ltd.
  • Jiangsu Jinma Oil Technology Development Co. Ltd.
  • Jiangsu Yonglin Oleochemical Co. Ltd.
  • Anqing Hongyu Chemical Co. Ltd.
  • Aturex Group
  • Florachem Corp.
  • Emery Oleochemicals GmbH
  • Jarchem Industries Inc
Industrial Growth in Asia Pacific Region will Bolster Applications of Dimeric Fatty Acids

According to the Fact.MR study, the Asia Pacific region excluding Japan (APEJ) is the largest and fastest-growing market for dimeric fatty acid, generating over one third of the global revenues. The study predicts that emerging economies, especially China, will create more lucrative opportunities for dimeric fatty acid market players, as the trends of urbanization and industrialization are on their greatest peak in developing countries in the region.

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Though the dimeric fatty acid market is capital intensive, small- and medium-scale businesses have entered the Chinese dimeric fatty acid market. The emergence of new entrants in the dimeric fatty acid market in China is mainly attributed to the plethora of opportunities that the end-user industries have generated for stakeholders. The Chinese government has developed a favorable regulatory environment to boost production of biodiesel in the country, which is contributing greatly to growth of the dimeric fatty acid market in China. Furthermore, the adhesive industry and coatings industry is gaining momentum to create more industrial opportunities for dimeric fatty acid market players in the country.

India is another lucrative market for dimeric fatty acid, as the construction industry has been witnessing burgeoning growth in the country, since the past few years. According to the National Investment Promotion and Facilitation Agency, India, the Indian construction industry is expected to witness booming growth to surpass US$ 738 billion by the year 2022. Impressive growth prospects of the Indian construction industry is influencing dimeric fatty acid market players to shift their focus towards investing in the country, as dimer-based adhesives, sealants, and coating are commonly used in construction operations.

strategic focus of key dimeric fatty acid manufacturers

Non-reactive Polyamides Hold the Largest Share in Global Consumption of Dimeric Fatty Acid

The Fact.MR projects a significant rise in consumption of dimeric fatty acid due to increasing adoption of non-reactive polyamide resins in a wide range of industrial sectors. The study finds that non-reactive polyamides accounted for over 42% revenue share in dimeric fatty acid market in 2018, and it will continue to gobble the largest share in global consumption of dimeric fatty acids in the upcoming years.

As dimeric fatty acids are a precursor for non-reactive polyamide resins, the adoption non-reactive polyamides across various industries is likely to boost consumption of dimeric fatty acids. Non-reactive polyamide resins are commonly used in printing inks, coatings, and adhesives, which are likely to remain the important end-user industries for dimeric fatty acid in the upcoming years.

Manufacturers in the dimeric fatty acid market are aiming to target the marine industry to provide non-corrosive coatings manufactured using dimer-based non-reactive polyamide resins. With the burgeoning growth of water transportation and shipping industry, the adoption of marine coatings is expected to upsurge, thereby creating lucrative opportunities for dimeric fatty acid-based water-resistant coatings.

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Though non-reactive polyamides hold the largest revenue share in the dimeric fatty acid market, the Fact.MR study projects promising growth of oilfield chemical segments, which is poised to boost dimeric fatty acid growth in the upcoming years. Recent developments in the construction industry are among the leading factors to provide an impetus to adoption of oilfield chemicals. Anticipating the potential rise in infrastructural developments across the globe, the oilfield chemical industry is expected to witness incremental growth, in turn influencing future application trends in the dimeric fatty acid market.

The report answers important questions which include:

  • Why is player leading the Dimeric Fatty Acid Market in region?
  • Which factors pose a negative impact on the Dimeric Fatty Acid Market growth?
  • What was the value registered by the Dimeric Fatty Acid Market in 2018?
  • What challenges do the Dimeric Fatty Acid Market players face during R&D stages?
  • Which countries contribute a significant share to the total market revenue in region?

Key findings of the Market report:

  • Prominent manufacturers, raw material suppliers, equipment providers, traders, and distributors in the Dimeric Fatty Acid market.
  • In-depth analysis of important market segments, market potential, impacting trends, and challenges.
  • Critical examination of the strengths, weaknesses, opportunities and threats of each Market player.
  • Extensive investigation of the effects of the growth of relevant industries.
  • Accurate data regarding the future prospects of the Market during the forecast period.

 

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