Dimer Acid Market anylsis Strategy, Revenue, Opportunity, Business Segment Overview and Key Trends 2022-2030
Market Insights Dimer acid is also known as dimerized fatty acids and is often derived from various types of oil. Market Research Future has performed an in-depth study of the global dimer acid market which includes a number of factors and figures to back up research which reveals the manner of growth in the market. Dimer acid is a yellowish to yellow viscous transparent liquid which is non-toxic in nature and has applications in the production of polyamide resins, hot melt adhesives, alkyd resins, adhesives, surfactants, and lubricants to name a few. In polyamide resins, dimer acid is used for synthesis which is then further used in various applications based on polyamide type. Reactive polyamide, for example, has applications as a curing agent for epoxy resins while nonreactive polyamide is used for hot melt adhesives, and printing inks. The rapid growth of the construction industry across the globe has significantly boosted the demand for adhesives, sealants, surfactants, and...