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Dimer Acid Market Forecast Research Report 2024-2032

The global dimer acid market size reached US$ 2.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.35% during 2024-2032.

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Dimer Acid Market Trends:

Dimer acid is widely used in the formulation of coatings and paints for the automotive industry, as they offer excellent adhesion, corrosion resistance, and durability. Furthermore, the widespread product utilization in the production of adhesives and sealants for bonding components, sealing joints, and preventing leaks in automotive is acting as another growth-inducing factor. Additionally, dimeric acid improves the lubricity, viscosity, and thermal stability of lubricants, thus ensuring smooth operation and reduced friction in engines, transmissions, bearings, and other automotive systems.

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Aturex Group

Croda International plc

Emery Oleochemicals

Florachem Corporation

Harima Chemicals Group Inc.

Jinan TONGFA Rosin Co., ltd.

Kraton Corporation (DL Chemical Co. Ltd.)

Oleon NV (Avril Group

Qingdao ECHEMI Digital Technology Co. Ltd.

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7 months ago

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