Dimer Acids Based Market, By Product Type, By Application, By Geography

Description

The Dimer Acids Based Market size is valued at US$ 2.7 Bn in 2024 and is expected to reach US$ 4.33 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 2.7 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 - 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	7.00%	2030/2031 Value Projection:	US$ 4.33 Bn

Figure 1. Dimer Acids Based Market Share (%), by Region, 2024

Dimer acid is an unsaturated fatty acid produced through the dimerization of fatty acid derivatives like tall oil fatty acid or oleic acid. It is a pale white, waxy solid with a mild fatty acid odor. Dimer acids find versatile applications as metalworking fluids, reactive hot melt adhesives, surfactants, and printing ink additives owing to their unique reactivity and functionality. The dimer acid based market is driven by the growing demand from end-use industries like construction, packaging, automotive, and other manufacturing sectors. Dimer acids extraction are mainly used to produce polyamide resins and hot melt adhesives, with increasing applications in industries such as adhesives, paints and coatings, and oilfield chemicals. The increasing demand for oilfield chemicals is predicted to boost the global market, and the market is expected to witness a notable surge in the ""oilfield chemicals"" application segment, driven by its widespread use in oil and gas processing and extraction activities. The market is partially consolidated, and intense competition can lead to price wars and reduced profit margins, impacting overall market growth.

Market Dynamics:

The dimer acid based market is driven by the increasing demand from resin industries across the globe. Dimer acids are widely used in oilfield chemicals, reactive hot melt adhesives, printing ink additives, and other specialty chemical applications, which is fueling market growth. Additionally, the robust growth of the construction industry, along with the flourishing automotive sector, is propelling the need for adhesives, sealants, and coatings made from dimer acids.

Key features of the study:

This report provides in-depth analysis of the dimer acid based market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the dimer acid based market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include BASF SE, Croda International Plc., Arizona Chemical Company, LLC, Oleon NV, Shandong Huijin Chemical Co. Ltd., Liancheng Baixin Science and Technology Co. Ltd., Jiangsu Jinma Oil Technology Development Co., Ltd., and Jiangsu Yonglin Oleochemical Co., Ltd..
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The dimer acid based market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Detailed Segmentation:

Dimer Acids Based Market, By Product Type
- Standard
- Distilled
- Hydrogenated
Dimer Acids Based Market, By Application
- Reactive Polyamides
- Non-Reactive Polyamides
- Oil Field Chemicals
- Others
Dimer Acids Based Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Top Companies in the Dimer Acids Based market.
- BASF SE
- Croda International Plc.,
- Arizona Chemical Company
- Dimer LLC
- 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.

Product Code: CMI3458

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Dimer Acid Based Market , By Product Type
- Dimer Acid Based Market, By Application
- Dimer Acid Based Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Rise in infrastructure development activities
- Restraints
Fluctuations in crude oil prices
- Opportunities
Emerging applications of dimer acid in coatings, printing inks and lubricants
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations

4. Dimer Acids Based Market- Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Dimer Acids Based Market, By Product Type , 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Standard
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
Distilled
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
Hydrogenated
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)

6. Dimer Acids Based Market, By Application, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Reactive Polyamides
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
Non-Reactive Polyamides
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
Oil Field Chemicals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn)

7. Dimer Acids Based Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, By Region, 2019 - 2031
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East &Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
GCC Countries
Israel
Rest of Middle East
South Africa
Central Africa
North Africa

8. Competitive Landscape

BASF SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Croda International Plc.,
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Arizona Chemical Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Dimer LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Oleon NV
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Shandong Huijin Chemical Co. Ltd.,
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Liancheng Baixin Science and Technology Co. Ltd.,
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Jiangsu Jinma Oil Technology Development Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Jiangsu Yonglin Oleochemical Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Analyst Views

9. Section

References
Research Methodology
About us