The dimer acids market refers to the global market for a class of dicarboxylic acids that are produced by dimerizing unsaturated fatty acids derived from vegetable oils or animal fats. Dimer acids are used as raw materials in the production of various products, including polyamide resins, hot melt adhesives, oilfield chemicals, lubricants, and coatings.
The growth of the Dimer Acids Market is driven by the increasing demand for polyamide resins and hot melt adhesives in the packaging, automotive, and construction industries. The increasing use of dimer acids in oilfield chemicals and lubricants is also contributing to the growth of the market.
The market for dimer acids is highly competitive, with a large number of manufacturers operating globally. Some of the key players in the market include
- BASF SE
- Monsanto Company
- E I du Pont de Nemours & Company
- Bayer AG
- The Dow Chemical Company
- Syngenta AG
- Nufarm Limited
Geographically, Asia Pacific is the largest market for dimer acids, followed by North America and Europe. The growth of the market in Asia Pacific is driven by the increasing demand for polyamide resins and hot melt adhesives in the region's rapidly growing construction and packaging industries.
In the coming years, the dimer acids market is expected to continue to grow due to the increasing demand for sustainable and bio-based products in various industries. Additionally, the development of new and innovative products using dimer acids is expected to drive the growth of the market further.
To Know More Information Read the Blog - https://www.coherentmarketinsights.com/market-insight/dimer-acids-market-3458
About Coherent Market Insights
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Contact Us
Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame,
CA 94010, United States
Phone: US +12067016702 / UK +4402081334027
JAPAN:+81-50-5539-1737
INDIA:+91-848-285-0837
Email: [email protected]
Lactic acid has a systematic name that is 2-hydroxypropionic acid, which is widely existed in nature.
Lactic acid is formed when glucose is broken down for energy in the absence of sufficient oxygen.The United States is the world’s largest consumer market.
Its consumptions account for about 30% of the world.China became the world’s second consumer market after 2011, and its accounting for about 25% of the world.With the continuous development of technology of lactic acid, its capacity, production and consumption have varying degrees of growth.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-lactic-acids-2019-2024-313The main downstream products of lactic acid are PLA, the PLA’s expansion will cause the rise of lactic acid consumption, and therefore, consumption growth in industrial application is significantly higher than the others.According to this study, over the next five years the Lactic Acids market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 1030 million by 2024, from US$ 920 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Lactic Acids business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Lactic Acids market by product type, application, key manufacturers and key regions and countries.This study considers the Lactic Acids value and volume generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.L-lactic AcidD-lactic AcidDL-lactic AcidSegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.Industrial UseFood and BeveragePharmaceutical and Personal CareThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaIndiaAustraliaEuropeGermanyFranceUKItalyRussiaSpainMiddle East & AfricaEgyptSouth AfricaIsraelTurkeyGCC CountriesThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.The key manufacturers covered in this report: Breakdown data in in Chapter 3.Corbion-PuracCargillGalacticMusashinoADMHenan Jindan Lactic Acid TechnologyBIn addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole.
It also analyzes key emerging trends and their impact on present and future development.Research objectivesTo study and analyze the global Lactic Acids consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Lactic Acids market by identifying its various subsegments.Focuses on the key global Lactic Acids manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Lactic Acids with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the consumption of Lactic Acids submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.Get the Complete Report & TOC @ https://www.grandresearchstore.com/food-and-beverages/global-lactic-acids-2019-2024-313Table of content2019–2024 Global Lactic Acids Consumption Market Report1 Scope of the Report1.1 Market Introduction1.2 Research Objectives1.3 Years Considered1.4 Market Research Methodology1.5 Economic Indicators1.6 Currency Considered2 Executive Summary2.1 World Market Overview2.1.1 Global Lactic Acids Consumption 2014–20242.1.2 Lactic Acids Consumption CAGR by Region2.2 Lactic Acids Segment by Type2.2.1 L-lactic Acid2.2.2 D-lactic Acid2.2.3 DL-lactic Acid2.3 Lactic Acids Consumption by Type2.3.1 Global Lactic Acids Consumption Market Share by Type (2014–2019)2.3.2 Global Lactic Acids Revenue and Market Share by Type (2014–2019)2.3.3 Global Lactic Acids Sale Price by Type (2014–2019)2.4 Lactic Acids Segment by Application2.4.1 Industrial Use2.4.2 Food and Beverage2.4.3 Pharmaceutical and Personal Care2.5 Lactic Acids Consumption by Application2.5.1 Global Lactic Acids Consumption Market Share by Application (2014–2019)2.5.2 Global Lactic Acids Value and Market Share by Application (2014–2019)2.5.3 Global Lactic Acids Sale Price by Application (2014–2019)CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store/
