Global Market Study on Dimer Acid - Distilled and Hydrogenated, Size, Share, Trend, Analysis to 2021

Global Market Study on Dimer Acid - Distilled and Hydrogenated

Segment to Witness High Growth by 2021

Persistence Market Research

Global Dimer Acid Market Will Reach US$

705.8 Million by 2021 - Persistence Market

Research

Persistence Market Research

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Global Market Study on Dimer Acid - Distilled and Hydrogenated

Segment to Witness High Growth by 2021

Persistence Market Research Released New Market Report “Global Market Study on Dimer

Acid: Distilled and Hydrogenated Segment to Witness High Growth by 2021”, the

global market for dimer acids valued at an estimated US$ 494.1 million in 2015, and is

expected to expand at a CAGR of 6.1% from 2015 to 2021, to reach a market value of US$

705.8 Mn by 2021.

The growth of end use industries is expected to emerge as a major factor driving the global

dimer acid market during the forecast period. Moreover, steady economic growth in regions

across the globe, especially in Asia Pacific is also likely to indirectly drive the growth of the

global dimer acid market between 2015 and 2021.

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Additionally, increasing demand for bio-based, green products, is expected to positively

impact the global dimer acid market during the forecast period.

However, volatility in prices of dimer acids, primarily due to fluctuation in vegetable oil

prices is likely to act as an impediment to the growth of the global dimer acid market

between 2015 and 2021. The global dimer acid market is expected to grow from an

estimated value of US$ 494.1 million in 2015to US$ 705.8 million by 2021, registering a

CAGR of 6.2% during the forecast period.

Asia-Pacific is expected to dominate the global dimer acid market during the forecast period.

It is slated to register CAGR of nearly 7.3% between 2015 and 2021.A relatively slower pace

of growth is forecast to be exhibited by Europe and North America’s dimer acid markets

during the forecast period.

On the basis...