Dimer Acid Market to See Strong Expansion Through 2027

Dimer Acid Market report is a comprehensive overview of the market’s situation thoroughly examined and compiled by Stratview Research. This new report provides past progress, current market conditions, and a future prospect from the year 2022 to 2027. It also offers accurate overview of the growth strategies, market size, mergers & acquisitions, and upcoming products/services of leading key players in this market.
Market Insights
The report analyses the market thoroughly and collects data in order to offer reliable data to the users. Dimer Acid Market is estimated to grow at a decent CAGR of 6.8% during the forecast period.
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Market Segments' Analysis
According to Stratview Research, the Dimer Acid Market based on the application type, the market is segmented as nonreactive polyamide resins, reactive polyamide resins, oilfield chemicals, and others. The oilfield chemicals segment is estimated to hold the major share of the market during the forecast period.
Top key vendors in the market:
The report mentions a list of key players in the Dimer Acid Market. Some of them are mentioned below –
• Anqing Hongyu Chemical Company Ltd.
• Arizona Chemicals
• BASF SE
• Croda International Plc
• Florachem Corporation
• Harima Chemicals Group
Which region is expected to dominate the market?
In terms of regions, North America is estimated to register significant growth in the market during the forecast period owing to increasing per capita income, increasing technological trends, and growing demand for quick drying & long-lasting inks compatible with paper, metal, glass surface, etc. Further, Europe is estimated to account for a significant share of the market over the forecast period on account of increasing construction activities, availability of low interest housing loans, and favorable government initiatives.
Also, Asia-Pacific is estimated to witness high growth in the market on account of the growing production of premium cars and significant investments in R&D activities by manufacturers, rapid urbanization, and increasing construction activities with India, China, Malaysia, and Thailand being the major countries with lucrative growth opportunities, fueling the regional market growth over the forecast period.
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