Dimer Acid Market Is Forecasted To Reach USD 1.90 Billion By 2020: Hexa Reports

“Get key Market Research Reports and Insightful Company Profiles”
“Global Dimer Acid Market” demand was 426.4 kilo tons in 2013 and is expected to reach 576.4 kilo tons by 2020.

Global Dimer Acid Market” is expected to grow at a CAGR of 4.4% by 2020. Increasing polyamide resins demand on account of high construction spending in Brazil, China, India and Mexico is expected to remain a key driving factor for global dimer acid market. Growing demand for oilfield chemicals on account of increasing drilling activities is also anticipated to have a positive influence on the market growth. Volatile price of key raw materials is expected to remain a key challenge for market

Nonreactive polyamide resins were the leading application segment with 40% of total market volume in 2013. Reactive polyamide resins are expected to witness highest growth rate over the forecast period on account of its increasing demand in construction and marine coatings. Growth of infrastructure industry in emerging markets of Asia Pacific and Latin America is expected to drive reactive polyamide resins demand.

Further key findings from the study suggest:

Asia Pacific emerged as the largest regional market with over 35% of total consumption in 2013. Increasing infrastructure
spending in China, Indonesia and India is expected to drive the regional market. China’s push for shale gas exploration and oil
production is expected to further drive demand in the region. Asia Pacific is also expected to be the fastest growing regional
market, at a CAGR of 5.2% from 2014 to 2020.

Browse Detail Report With TOC @ http://www.hexareports.com/report/dimer-acid-market/details

Easy availability of key raw materials such as palm oil in Malaysia and Indonesia coupled with low production costs have
resulted in emergence of small scale manufacturers in China. Major companies have been steadily expanding their presence in the region in order to cater to growing regional demand and expand their footprint in the global market. These trends are expected to positively impact the regional production landscape.

European dimer acid market is expected to reach a market worth USD 612.1 million by 2020, growing at a CAGR of 6.6% from 2014 to 2020. Increasing oil & gas production in Eastern Europe, particularly in Russia, is expected to drive the regional market.

Browse More Chemicals Related Market Research Reports:

• Global Antifouling Paint Market Professional Survey Report 2016 – http://www.hexareports.com/report/global-antifouling-paint-market-professional-survey-report-2016/details

• United States Gelatin Industry 2016 Market Research Report – http://www.hexareports.com/report/united-states-gelatin-industry-2016/details

The global market is moderately concentrated with top MNCs which have presence across the value chain. Leading companies such as BASF, Emery Oleochemicals, Arizona Chemicals and Oleon N.V. accounted for close to 50% of total market in 2013. Major companies have been actively involved in M&A and joint venture agreements with small scale producers in order to strengthen their market presence. Major companies operating in the global market include BASF, Arizona Chemicals, Croda International, Oleon N.V., Florachem, Emery Oleochemicals and Anqinig Hongyu.

About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting
services to a host of key industries across the globe.We offer comprehensive business intelligence in the form of industry
reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth

Contact Information:
Ryan Shaw
Hexa Reports
Felton Office Plaza,
6265 Highway 9,
Felton, California, 95018,
United States
Phone Number
Email Us: sales@hexareports.com
Our Website: http://www.hexareports.com

Media Contact
Company Name: Hexa Reports
Contact Person: Ryan Shaw
Email: sales@hexareports.com
Phone: 1-800-489-3075
Address:Felton Office Plaza, 6265 Highway 9
City: Felton
State: California
Country: United States
Website: http://www.hexareports.com/report/dimer-acid-market/details