Global Dimer Acids Strategic Business Report 2023 – Promising Growth of Oilfield Chemicals to Boost Dimer Acid Consumption

DUBLIN, Dec. 29, 2023 /PRNewswire/ — The “Dimer Acids – Global Strategic Business Report” has been added to’s offering.

The global market for Dimer Acids estimated at US$688.6 Million in the year 2022, is projected to reach a revised size of US$1 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.

Standard, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$481 Million by the end of the analysis period. Growth in the Distilled segment is estimated at 5.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $159.4 Million, While China is Forecast to Grow at 6.6% CAGR

The Dimer Acids market in the U.S. is estimated at US$159.4 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$252.8 Million by the year 2030 trailing a CAGR of 6.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Key Market Trends & Drivers

  • Polyamide Resins: Holding Value Proposition for Diverse Applications & Dimer Acid
  • Polyamides Build on Dimer Fatty Acid
  • Industrial Polyamide-Based Cable Protection Systems
  • Trends in the Construction Industry Influence Market Uptake of Dimer Acid
  • Increased Activities of Remodeling and Renovation to Propel the Growth
  • Growing Adoption of Dimer Acid in Paints and Coatings Drives Market Growth
  • Strong Demand for Alkyd Resins Supported by a Robust Paints and Coatings Industry to Spur Demand for Dimer Acid. 
  • Shift towards Low-VOC Options for Paints & Coatings
  • Surging Usage of Hot Melt Adhesives Spur the Demand for Dimer Acid
  • Diverse End-Use Markets – A Major Plus for Hot Melt Adhesives
  • Packaging: The Largest Market for Hot Melt Adhesives
  • Key Packaging Applications & Benefits of HMAs
  • Hot Melt Adhesives from Biodegradable Resources
  • Strong Demand for Fuel Additives to Boost Consumption of Dimer Acid
  • Robust Fuel Additives Market to Boost Demand for Dimer Acid, a Key Commodity in the Upstream Value Chain
  • Fuel Additive Market: Primary Drivers
  • Guidelines to Curb Emissions Ignite Demand
  • Expansion of Automotive Industry & Rising Gasoline Demand
  • Rising Consumption of Aviation Fuels
  • Emergence of Green Fuel Additives
  • Emergence of Green Corrosion Inhibitors as Raving Trend to Augur Well for Dimer Acid
  • Toxicity Concerns Augment Demand for Green Inhibitors
  • Dimer Acid: Gaining Attention for Anti-Corrosion Properties
  • Rising Opportunities in the Automotive Sector Drive Market Demand
  • World Automobile Production in Million Units: 2008-2022
  • Growing Opportunities in the Cosmetics Industry
  • Promising Growth of Oilfield Chemicals to Boost Dimer Acid Consumption
  • Process & Technology Advancements Augur Well for Market Growth

Key Companies Profiled

  • Fujian Zhongde Energy Co. Ltd
  • MilliporeSigma
  • Croda International PLC
  • Emery Oleochemicals Group
  • Nissan Chemical Corporation
  • Oleon NV
  • Harima Chemicals Group, Inc.
  • Ingevity Corporation
  • A.B. Enterprises
  • KLK Oleo
  • Anhui Elite Industrial Co., Ltd.
  • Kraton Corporation
  • BOC Sciences
  • Ataman Kimya AS

Key Topics Covered:


  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022 and 2023
  • COVID-19-Led Economic Downturn Weighs on Construction Sector, Affecting Dimer Acid Market
  • World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
  • COVID-19 Impact on Dimer Acid Market
  • Competitive Landscape
  • Dimer Acids – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Global Market Analysis and Prospects
  • Global Dimer Acid Market Continues Leaping from Strength to Strength
  • Hydrogenated & Distilled Dimer Acid & Oilseed Chemicals: Principal Segments of Dimer Acid Market
  • Non-reactive Polyamide Resins Dominate, While Reactive Polyamide Resins to Witness Fastest Growth
  • Regional Market Analysis
  • Market Restraints
  • Recent Market Activity




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