According to a research survey conducted by ChemView Consulting, in 2022, the Global Dimer Acid-Based (DAB) Polyamide Resins Market was worth US$ 1,742.3 Mn and is expected to grow at a CAGR of 6.6% over the forecast period. While the historical CAGR is 5.2%, the market is expected to hit US$ 3,301.4 Mn by 2032 end.

Dimer acids which might be additionally called dimerized fatty acids belong to the organization of dicarboxylic acids. Dimer acids are viscous fluids which are obvious and non-poisonous in nature. Dimer acids are synthetic with the aid of using dimerizing unsaturated fatty acids which are acquired from oleic acid, canola oil, tallow, cottonseed, tall oil, and rapeseed amongst others.

Dimer acids are broadly used to synthesize polyamide resins and warm soften adhesives. Dimer acid-primarily based totally polyamide resins have numerous homes which lead them to both reactive or non-reactive in nature. Reactive polyamides are generally used as curing retailers for epoxy resins which are typically used withinside the production of adhesives and floor coatings.

On the alternative hand, the non-reactive polyamides are predominantly used withinside the production of printing inks and warm-soften adhesives. These elements are probable to have a advantageous effect at the income of dimer acid-primarily based totally polyamide resins globally.

Growing economies of growing international locations coupled with growing disposable earnings has boosted the general call for for residential homes which in flip is anticipated to enhance the general boom of the development enterprise.

The production enterprise is the primary utility of adhesives and floor coatings. Thus, the developing call for for adhesives and floor coatings from diverse end-use industries inclusive of production is anticipated to power the general dimer acid-primarily totally based polyamide resins marketplace.

Dimer acid-primarily totally based polyamide resins also are fed on withinside the production of printing inks. The boom of the marketplace may be attributed to the growing call for for Dimer Acid-Based (DAB) Polyamide Resins attributable to the Decorative Coatings, Fabrics, Interlining, Shoe Stretch, Fold Plastic, Baotou Glue Applications throughout the worldwide level. These merchandises provide amazing bond energy to the substrate with excessive abrasion resistance.

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A list of some of the key suppliers present in the market are:

  • The Dow Chemical Company
  • Hitachi Chemical
  • Kraton Corporation
  • Anqing Hongyu Chemical
  • Jinan Tongfa Resin

Global Dimer Acid-Based (DAB) Polyamide Resins Market 2022-2032: Report Coverage and Highlights

  • Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Segment-wise, country-wise, and region-wise market analysis
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Key product innovations and regulatory framework
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies

For More Details Visit our Report Page.

About ChemView Consulting:

ChemView Consulting is a leading market research firm in the Asia Pacific, with expertise in Chemicals & Materials, Food & Beverages, Packaging, Oil & Gas, New & Renewable Energy, and Disruptive Technologies. We are one of the top market intelligence firms specializing in business analytics with an expertise in the ever-growing chemicals industry. We track high-growth markets with innovative ideas and opportunities insights through B2B research.

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