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Global <strong>Market</strong> Study on <strong>Dimer</strong> <strong>Acid</strong>: Asia Pacific Regional <strong>Market</strong> to Hold High Value Share<br />

Throughout the Forecast Period<br />

According to the latest report published by Persistence <strong>Market</strong> Research, the global dimer acids<br />

market is anticipated to expand at a moderate CAGR of 4.1% over the forecast period (2017-2025)<br />

to reach a valuation of US$ 711 Mn by 2025-end. Global consumption of dimer acid stood at<br />

256,000 MT in 2016 this figure is expected to increase to around 351,509 MT by 2025-end.<br />

Increasing demand for hot-melt adhesives and flexographic inks is expected to reflect positively on<br />

the global sales of the dimer acid over the next couple of years.<br />

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The focus remains on offering a wider-rang of application-specific products with higher purity<br />

standards. Kraton Corporation, Croda International Plc., Oleon NV, Emery Oleochemicals,<br />

Florachem Corporation., Jarchem Industries Inc., Aturex Group, Shandong Huijin Chemical Co.<br />

Ltd, Shandong Huijin Chemical Co. Ltd, Shandong Huijin Chemical Co. Ltd, Jiangsu Yonglin<br />

Oleochemical Co., Ltd., Jiangxi Longwell Industrial Co., Ltd., and Jinan Tongfa resin Co., Ltd are<br />

some of the leading companies operating in the global dimer acid market. Many of these companies<br />

are entering into agreements with local suppliers to strengthen supply chain, at the same time<br />

emphases is also given to expanding production capacity.<br />

Standard <strong>Dimer</strong> <strong>Acid</strong> to Dominate the Global <strong>Dimer</strong> <strong>Acid</strong> <strong>Market</strong><br />

Global consumption of the standard dimer acid is estimated to reach 211,097 MT by the end of<br />

forecast period. In recent years, consumption of standard dimer acid has been substantially high in<br />

Asia Pacific. Demand for distilled & hydrogenated dimer acid is also expected to increase at a<br />

noteworthy pace owing to its superior quality standard and high resistance to oxidation and heat.<br />

This product type segment is projected to register relatively faster CAGR as compared to standard<br />

and distilled segments.<br />

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Application of <strong>Dimer</strong> <strong>Acid</strong> to remain Concentrated in Non-Reactive Polyamide Resins and Reactive<br />

Polyamide Resins Manufacturing .By application, the non-reactive polyamides resins segment is<br />

expected to account for a 41.7% value share of the global dimer acid market by 2017-end. <strong>Dimer</strong><br />

acid based non-reactive polyamides are used in the production of inks and adhesives, whereas the<br />

reactive polyamide variants are used in the production of epoxy curing agents and polyurethanes.<br />

Growth in construction sector and other end use sectors, such as packaging, and automotive is<br />

expected to fuel the demand for dimer acids during the forecast period.<br />

Asia Pacific at the Forefront of the Global <strong>Dimer</strong> <strong>Acid</strong> <strong>Market</strong> : By 2017-end, Asia Pacific (APAC)<br />

is expected to account for the largest value share of the global dimer acid market, followed by<br />

Europe and North America respectively. Surging demand for dimer acid in countries such as China<br />

and India is favoring the prospects of the market in the region. In addition, China’s leadership in the<br />

APAC’s dimer acid market is expected to remain unchallenged throughout the assessment period.<br />

The growth of various end-use industries in several other Asian countries is also resulting in higher<br />

demand for dimer acid in the region<br />

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