Dimer Acid Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

In a world where sustainability is paramount, industries are experiencing a transformative shift towards greener alternatives. The automotive and construction sectors, in particular, are witnessing a surge in innovation, with dimer acid-based products leading the charge. These products offer enhanced performance while significantly reducing environmental impact, aligning perfectly with evolving regulatory standards and consumer demands.

Driving Innovation: The Rise of Dimer Acid-Based Products

The relentless pursuit of novel chemical compositions in automotive adhesives, sealants, paints, and coatings has sparked a wave of innovation. Dimer acid, recognized for its ability to improve bonding performance and functionality, is increasingly becoming a key ingredient in product formulations, driving industry-wide advancements.

Meeting Market Demand: The Case for Low-VOC Paints & Coatings

Stringent regulations on high-VOC additives have fueled the adoption of bio-based alternatives like dimer acid. Companies are reformulating their products to meet consumer demands for low-VOC solutions, leading to significant growth in the utilization of dimer-based additives.

Future Outlook: Expanding Applications and Market Growth

The trajectory for dimer acid-based products, particularly in the realm of reactive polyamides used as epoxy curing agents, points towards substantial expansion. Applications span from marine maintenance to industrial coatings, positioning dimer acid for significant growth in the years ahead.

Accelerating Market Momentum: The Advantages of Hot-Melt Adhesives

Growing awareness among manufacturers about the benefits of hot melt adhesives over traditional options is accelerating market growth. Favorable government regulations and environmental concerns are driving the adoption of dimer acid, further propelling market momentum.

Enhancing Printing Inks with Sustained Polyamide Resins Adoption

The preference for dimer acids in printing inks is on the rise, driven by their ability to offer heightened gloss and improved substrate adherence. Dimer acid-based polyamide resins play a pivotal role in elevating printing ink quality, thereby bolstering market appeal.

Building a Sustainable Future: Leveraging Green Chemistry

As the chemical industry embraces sustainability, natural oleochemicals like dimer acid are gaining traction for their wide-ranging applications. Companies are investing in research and development to optimize manufacturing processes, thereby driving the adoption of sustainable alternatives.

Strategic Imperatives: Strengthening Supply Chains and Market Position

Leading companies are focusing on strengthening supply chains and forming strategic partnerships to navigate volatile raw material prices. By securing the supply chain and expanding product portfolios, companies like Kraton Corporation are well-positioned to capitalize on growing demand.

Driving Market Growth in North America: Oil and Gas Production

The increase in oil and gas production in North America is expected to fuel market growth. Stable spending in construction activities is anticipated to heighten demand for adhesives and coatings, further driving the growth of the dimer acid market.

Rising Demand in Asia Pacific: Coatings and Hot-melt Adhesives

The Asia Pacific region is poised to witness strong growth in the dimer acid market, driven by increasing development activities and growth in various industries. Notably, China stands out as a major user of hot-melt adhesive products, offering ample opportunities for players in the dimer acid industry.

Competitive Analysis

Key players in the dimer acid market include Kraton Corporation, Croda International Plc., Oleon NV, Emery Oleochemicals, Florachem Corporation, Jarchem Industries Inc., Aturex Group, Shandong Huijin Chemical Co. Ltd, Liancheng Baixin science and technology Co. Ltd., Jiangsu Jinma Oil Technology Development Co., Ltd., Jiangsu Yonglin Oleochemical Co., Ltd., Jiangxi Longwell Industrial Co., Ltd., and Jinan Tongfa resin Co., Ltd.

Market Segmentation

By Product Type:

Standard
Distilled
Distilled & Hydrogenated

By Application:

Reactive Polyamides
Non-Reactive Polyamides
Oil Field Chemicals
Others

Key Regions

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

1. Executive Summary

1.1. Global Dimer Acid Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2018-2023

3.1. Global Dimer Acid, Production Output, by Region, 2018 - 2023
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East & Africa

4. Global Dimer Acid Market Outlook, 2018 - 2031

4.1. Global Dimer Acid Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Standard
  - 4.1.1.2. Distilled
  - 4.1.1.3. Distilled & Hydrogenated
4.2. Global Dimer Acid Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Reactive Polyamides
  - 4.2.1.2. Non-Reactive Polyamides
  - 4.2.1.3. Oil Field Chemicals
  - 4.2.1.4. Others
4.3. Global Dimer Acid Market Outlook, by Region, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. North America
  - 4.3.1.2. Europe
  - 4.3.1.3. Asia Pacific
  - 4.3.1.4. Latin America
  - 4.3.1.5. Middle East & Africa

5. North America Dimer Acid Market Outlook, 2018 - 2031

5.1. North America Dimer Acid Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Standard
  - 5.1.1.2. Distilled
  - 5.1.1.3. Distilled & Hydrogenated
5.2. North America Dimer Acid Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Reactive Polyamides
  - 5.2.1.2. Non-Reactive Polyamides
  - 5.2.1.3. Oil Field Chemicals
  - 5.2.1.4. Others
5.3. North America Dimer Acid Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. U.S. Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.2. U.S. Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.3. Canada Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.4. Canada Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Europe Dimer Acid Market Outlook, 2018 - 2031

6.1. Europe Dimer Acid Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Standard
  - 6.1.1.2. Distilled
  - 6.1.1.3. Distilled & Hydrogenated
6.2. Europe Dimer Acid Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Reactive Polyamides
  - 6.2.1.2. Non-Reactive Polyamides
  - 6.2.1.3. Oil Field Chemicals
  - 6.2.1.4. Others
6.3. Europe Dimer Acid Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Germany Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.2. Germany Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.3. U.K. Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.4. U.K. Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.5. France Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.6. France Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.7. Italy Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.8. Italy Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.9. Turkey Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.10. Turkey Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.11. Russia Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.12. Russia Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.13. Rest of Europe Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.14. Rest of Europe Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Asia Pacific Dimer Acid Market Outlook, 2018 - 2031

7.1. Asia Pacific Dimer Acid Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Standard
  - 7.1.1.2. Distilled
  - 7.1.1.3. Distilled & Hydrogenated
7.2. Asia Pacific Dimer Acid Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Reactive Polyamides
  - 7.2.1.2. Non-Reactive Polyamides
  - 7.2.1.3. Oil Field Chemicals
  - 7.2.1.4. Others
7.3. Asia Pacific Dimer Acid Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. China Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. China Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. Japan Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Japan Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. South Korea Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.6. South Korea Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.7. India Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.8. India Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.9. Southeast Asia Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.10. Southeast Asia Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.11. Rest of Asia Pacific Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.12. Rest of Asia Pacific Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Latin America Dimer Acid Market Outlook, 2018 - 2031

8.1. Latin America Dimer Acid Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Standard
  - 8.1.1.2. Distilled
  - 8.1.1.3. Distilled & Hydrogenated
8.2. Latin America Dimer Acid Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
8.3. Latin America Dimer Acid Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Brazil Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. Brazil Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. Mexico Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. Mexico Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Argentina Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.6. Argentina Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.7. Rest of Latin America Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.8. Rest of Latin America Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Middle East & Africa Dimer Acid Market Outlook, 2018 - 2031

9.1. Middle East & Africa Dimer Acid Market Outlook, by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Standard
  - 9.1.1.2. Distilled
  - 9.1.1.3. Distilled & Hydrogenated
9.2. Middle East & Africa Dimer Acid Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Reactive Polyamides
  - 9.2.1.2. Non-Reactive Polyamides
  - 9.2.1.3. Oil Field Chemicals
  - 9.2.1.4. Others
9.3. Middle East & Africa Dimer Acid Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. GCC Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.2. GCC Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.3. South Africa Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.4. South Africa Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.5. Egypt Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.6. Egypt Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.7. Nigeria Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.8. Nigeria Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.9. Rest of Middle East & Africa Dimer Acid Market by Product Type, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.10. Rest of Middle East & Africa Dimer Acid Market Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Competitive Landscape

10.1.Application vs Application Heatmap
10.2.Manufacturer vs Application Heatmap
10.3.Company Market Share Analysis, 2023
10.4.Competitive Dashboard
10.5.Company Profiles
- 10.5.1. Kraton Corporation
  - 10.5.1.1. Company Overview
  - 10.5.1.2. Product Portfolio
  - 10.5.1.3. Financial Overview
  - 10.5.1.4. Business Strategies and Development
- 10.5.2. Croda International Plc.
- 10.5.3. Oleon NV
- 10.5.4. Emery Oleochemicals
- 10.5.5. Florachem Corporation.
- 10.5.6. Jarchem Industries Inc.
- 10.5.7. Aturex Group
- 10.5.8. Shandong Huijin Chemical Co. Ltd
- 10.5.9. Liancheng Baixin science and technology Co. Ltd.
- 10.5.10. Jiangsu Jinma Oil Technology Development Co., Ltd.
- 10.5.11. Jiangsu Yonglin Oleochemical Co., Ltd.
- 10.5.12. Jiangxi Longwell Industrial Co., Ltd.
- 10.5.13. Jinan Tongfa resin Co., Ltd

11. Appendix

11.1.Research Methodology
11.2.Report Assumptions
11.3.Acronyms and Abbreviations