Dimer Acid Market Is Likely To Reach USD 2.30 Billion By 2024: Grand View Research, Inc.

The global dimer acid market is expected to reach USD 2.30 billion by 2024, according to a new report by Grand View Research, Inc. Growing consumption of polyamide resins in marine coatings is a major growth driving factor over the forecast period. Increasing oilfield chemicals demand which uses dimer acid as feedstock owing to rising drilling activities to meet excess energy demand is also expected to drive the demand growth. 

Asia Pacific and Latin America are expected to witness brisk growth owing to increasing construction activities in the regions. Emerging economies such as China and India along with Southeast Asia have been witnessing significant construction spending due to urbanization and industrial growth. 

The industry faces challenges in terms of raw material availability. The fatty acid production which is largely done through vegetable oils has been facing high demand from food & biofuels industries, therefore tightening its supply for production of dimer acid. 

U.S. dimer acid market revenue by application, 2014 - 2024, (USD Million)

Another challenge market participants face is the low biodegradation rate of products made of these acids. Considering increasing importance for recyclability of materials, development of novel technologies to tackle the issue is crucial for development prospects. 

Reactive polyamide resins segment was the dominant application accounted for over 40% of the overall volume in 2015. High demand for epoxy, marine and flooring coatings to drive the segment growth at a CAGR of 4.3% from 2016 to 2024.

Browse full research report on Dimer Acid Market: www.grandviewresearch.com/industry-analysis/dimer-acid-market    

                              

Further key findings from the study suggest:            

         

• Global dimer acid market demand was 467.4 kilo tons in 2015 and is expected to reach 671.7 kilo tons by 2024, growing at a CAGR of 4.0% from 2015 to 2024
• The nonreactive polyamide resin is expected to exhibit considerable growth accounting for over 40% of total market volume by 2024. The increasing use of nonreactive polyamide resins, which are based on dimers, for printing inks and paper coatings, is anticipated to boost application segment growth over the forecast period.
• Asia Pacific was the dominant regional market with demand share exceeding 38% in 2015. Economic growth coupled with increasing migration has resulted in increasing sustainable infrastructure needs thereby facilitating demand for dimer acid based reactive polyamide resins. Increasing compliance of producers with stringent EU regulations to positively impact demand in the Eurpoen market
• Some of the key players operating in global dimer acid market include BASF, Arizona Chemicals, Emery Oleochemicals, Aturex Group, Croda International, Anqing Hongyu Chemicals Co. Ltd., Florachem Corp., Nissan Chemical America Corp., Novepha Co. Ltd., Harima Chemicals and Oleon N.V.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/renewable-chemicals                                                                                                                                                                                               

Grand View Research has segmented the dimer acid market on the basis of application and region:

Global Dimer Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

• Nonreactive Polyamide Resins
• Polyamide Resins
• Oilfield Chemicals
• Others

Global Dimer Acid Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

• North America
• U.S
• Europe
• Germany
• UK
• Asia Pacific
• India
• China
• Central & South America
• Middle East and Africa

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-dimer-acid-market                                                                                                                                                             

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Sulfuric Acid Market To Reach $13.45 Billion By 2025: Grand View Research, Inc.

The global sulfuric acid market is expected to be valued at USD 13.45 billion by 2025, according to a new report by Grand View Research, Inc. Increasing investments in plant facilities due to the rising production capacity of phosphate fertilizer and tightening environmental regulations are anticipated to spur the market over the foreseeable period.

Rising demand for the production of nutrient-rich food crops is expected to boost the industry. Increasing requirement for the continuous & sustainable H₂SO₄ product for the manufacturing of phosphate fertilizer, inorganic chemicals, detergents & soaps, dyes, and gasoline is expected to trigger industry growth over the forecast period.

Growing suppliers of sulfuric acid in Saudi Arabia due to the presence of large number of acid manufacturing facilities to strengthen the growth of phosphate is expected to spur the Middle East regional market. Factors such as increase in the number of initiatives carried out by companies such as DuPont, Outotec, and Sumitomo Corporation to expand their plant facilities, enhance distribution network, and expand processing capacities are projected to propel the market over the next eight years.

Browse full research report on Sulfuric Acid Market: www.grandviewresearch.com/industry-analysis/sulfuric-acid-market    

                          

Further key findings from the study suggest:      

               

• The global demand was valued at USD 10.10 billion in 2016, at an estimated CAGR of 3.3% from 2017 to 2025
• Elemental sulfur was the largest raw material segment in 2016, accounting for over 57% of the overall market
• Increasing demand for the manufacturing of sulfuric acid from elemental sulfur owing to its environmentally-friendly property in comparison to base metal smelter or pyrite ore roasting is projected to propel elemental sulfur raw material segment
• Fertilizers was the largest application segment in 2016 and is expected to progress at a moderate rate over the foreseeable period
• Increasing demand for the production of phosphate fertilizer to enhance the quality of irrigation water is projected to propel fertilizer application growth 
• In terms of revenue, Asia Pacific was the dominant regional segment in 2016 and is anticipated to hold a considerable share in the market, at an estimated CAGR of around 3.6% over the forecast period
• Growing demand for H₂SO₄ products in chemical industries from emerging the economies of China and India and the availability of raw materials in this region is projected to drive Asia Pacific regional segment
• In May 2017, DuPont Clean Technologies received a contract agreement from Yidu Xingfa Chemical Co. Ltd. for the technology and engineering license for a 3600 tpd MECS MAX3 sulfuric acid plant. This initiative is expected to strengthen the company’s Xingfa plant in China.
• Some players operating in this industry include Mosaic Company, Chemtrade Refinery, DuPont, Akzonobel N.V., BASF, PVS Chemical Solution, Valero Energy, and Solvay among others.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/organic-chemicals-and-compounds                                                                                                                                                                                       

Grand View Research has segmented the global sulfuric acid market based on raw material, application, and region

Raw Material Outlook (Volume, Million Tons; Revenue, USD Million; 2014 - 2025)

• Elemental sulfur
• Base metal smelters
• Pyrite ore
• Others

Application Outlook (Volume, Million Tons; Revenue, USD Million; 2014 - 2025)

• Fertilizers
• Chemical manufacturing
• Metal processing
• Petroleum refining
• Textile industry
• Automotive
• Paper & pulp
• Others

Regional Outlook (Volume, Million Tons; Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Russia
• Germany
• France
• Asia Pacific
• China
• Japan
• India
• Central & South America
• Middle East & Africa
• Saudi Arabia

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-sulfuric-acid-market                                                                                                                                                     

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Defoamers Market Size Will Grow At A 4.7% from 2014 to 2025: Grand View Research, Inc.

The global defoamers market is expected to reach USD 4.4 Billion by 2025, according to a new report by Grand View Research, Inc. Rising investment on water treatment operation across the globe has driven the global defoamers market. Furthermore, growth in pulp & paper production in developing regions of the world has fueled the demand.

Water-based defoamers segment has experienced robust growth over the past few years, owing to environmental benefits associated with it. Shift in consumer preferences towards environmentally sustainable products is expected to result in increased share of water-based defoamers over the next few years.

U.S. defoamers market revenue by product, 2014 - 2025 (Million)

Silicone-based defoamers dominated the global market, accounting for more than 38% share of the total revenue. Wide usage of silicone-based defoamers in major end-user industries including pulp & paper and water treatment attributed for the largest share. The share of oil-based defoamers is estimated to decline, owing to stringent environmental regulations.

Pulp & paper was the largest application segment of the global defoamers market in 2016. Growth of pulp & paper industry in developing regions such as Asia Pacific, Eastern Europe, and Latin America has fueled the demand for defoamers in the recent past. Demand from agrochemicals and coatings applications is expected to increase at a fast pace.

Browse full research report on Defoamers Market: www.grandviewresearch.com/industry-analysis/defoamers-market  

                             

Further key findings from the study suggest:    

                 

• The global defoamers market was valued at USD 2,938.2 million in 2016 and is expected to grow at a CAGR of 4.7% from 2017 to 2025
• Silicone-based defoamers accounted to be the largest product segment in 2016 and is estimated to account for more than 38% share by 2025
• Water-based defoamers segment is likely to expand at the fastest growth rate of 5.1% from 2017 to 2025
• Pulp & paper is estimated to be the highest revenue generating segment of the global defoamers market in 2025, accounting for more than 27% of the revenue share
• Defoamers for coatings application is expected to reach USD 1,112.9 million by 2025, owing to rising demand in waterborne coatings
• Asia Pacific dominated the global defoamers market and the region is anticipated to maintain its leading position over the forecast period, accounting for around 44% share of the revenue
• Positive outlook in pulp & paper production coupled with prospective growth in coatings industry in China, India, and South East Asian countries is expected to drive the demand in Asia Pacific region
• North America was the second-leading player in the regional market, accounting for more than 21% share in 2016
• Producers including BASF SE, Applied Material Solutions, Wacker Chemie AG, Kemira Oyj, Shin Etsu Chemical Co., Ltd, Dow Corning Corp, Air Products and Chemicals Inc., and Evonik Industries AG were the leading players in global defoamers market
• Fragmented nature of the market coupled with integrated operation led to intense competition

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/specialty-and-fine-chemicals                                                                                                                                                                                        

Grand View Research has segmented the global defoamers market on the basis of product, application, and region:

Defoamers Product Outlook (Revenue, USD Million, 2014 - 2025)

• Water-based
• Oil based defoamers
• Silicone based defoamers
• Others

Defoamers Application Outlook (Revenue, USD Million, 2014 - 2025)

• Pulp & paper
• Coatings
• Agrochemicals
• Water treatment
• Food & Beverage
• Others

Defoamers Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa 

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-defoamers-market                                                                                                                                                      

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com