Increasing use of hydrogenated dimer acid in personal care and cosmetics products as emulsifiers and conditioning agents
Category: Chemicals & Materials Published Date : Feb-23 ID: CVC-62171 Format: PDF Pages: 300
Report Highlights
According to a research survey conducted by ChemView Consulting, in Hydrogenated Dimer Acid Market was worth US $ 3.79 Bn. The market is expected to grow at a CAGR of 7.90% between 2023 and 2033 to hit US $ 8.10 Bn by 2033 end.
Key Market Trends
Automotive Industry Drives Demand for Hydrogenated Dimer Acid
The automotive industry is increasingly turning to hydrogenated dimer acid as a key component in the production of lubricants, greases, and other automotive fluids. This is due to its superior performance and cost-effectiveness compared to other alternatives. As a result, the demand for hydrogenated dimer acid is expected to grow significantly in the coming years.
Hydrogenated Dimer Acid Gains Popularity in Personal Care Products
Hydrogenated dimer acid is gaining traction in the personal care industry due to its ability to provide superior moisturizing and conditioning properties. It is being used in a variety of products, including shampoos, conditioners, body washes, and lotions. As a result, the demand for hydrogenated dimer acid is expected to increase in the coming years.
Market Drivers
Increasing Demand for Environmentally Friendly Products
Hydrogenated dimer acid is a renewable, biodegradable, and non-toxic alternative to traditional petroleum-based products. As consumers become more aware of the environmental impact of their purchases, the demand for hydrogenated dimer acid is increasing. This is driving growth in the hydrogenated dimer acid market, as manufacturers are investing in research and development to meet the growing demand.
Growing Use of Hydrogenated Dimer Acid in Industrial Applications
Hydrogenated dimer acid is increasingly being used in industrial applications, such as lubricants, adhesives, and coatings. This is due to its superior performance compared to traditional petroleum-based products. As a result, the demand for hydrogenated dimer acid is growing in the industrial sector, driving growth in the hydrogenated dimer acid market.
Technological Advancements in Hydrogenated Dimer Acid Production
Manufacturers are investing in research and development to improve the production process of hydrogenated dimer acid. This is resulting in improved production efficiency and cost savings, which is driving growth in the hydrogenated dimer acid market. Technological advancements are also enabling manufacturers to produce hydrogenated dimer acid with improved properties, such as higher purity and better performance.
Segmentation Insights
Hydrogenated Dimer Acid is a type of dimer acid that is obtained by the hydrogenation of dimer acid. It is widely used in various applications such as adhesives, paints & coatings, surfactants, and lubricants. Here is the market analysis of the Hydrogenated Dimer Acid market.
Market Analysis by Type
The hydrogenated dimer acid market can be segmented into standard, distilled, and hydrogenated types. The hydrogenated segment is expected to hold the largest share of the market during the forecast period owing to its high demand in the production of lubricants, oilfield chemicals, and fuel oil additives.
Market Analysis by Application
The market can be segmented into alkyd resins, adhesives, paint & coatings, surfactants, polyamide resin, oilfield chemicals, lubricants, fuel oil additives, and others. The paint & coatings segment is expected to dominate the market due to the increasing demand for paints and coatings in various industries, including automotive, construction, and packaging.
Market Analysis by End-Use Industry
The end-use industry segments of the hydrogenated dimer acid market are packaging, construction, oil & gas, cosmetics & personal care, chemical, automobile, and others. The oil & gas segment is expected to hold the largest share of the market due to the growing demand for hydrogenated dimer acid in the production of oilfield chemicals.
Overall, the hydrogenated dimer acid market is expected to grow at a steady rate during the forecast period due to the increasing demand from various end-use industries such as paints and coatings, adhesives, and oil & gas.
Regional Insights
North America: Unlocking the Potential of Hydrogenated Dimer Acid in North America
Hydrogenated Dimer Acid is a versatile chemical compound that has a wide range of applications in the North American market. It is used in the production of lubricants, surfactants, and other specialty chemicals. It is also used in the production of polymers, adhesives, and coatings. The market for Hydrogenated Dimer Acid in North America is expected to grow significantly in the coming years due to the increasing demand for these products. This growth is driven by the increasing demand for specialty chemicals, as well as the increasing demand for polymers and adhesives. The market is also expected to benefit from the increasing demand for lubricants and surfactants. With the increasing demand for these products, the potential of Hydrogenated Dimer Acid in North America is immense.
Asia Pacific: Exploring the Possibilities of Hydrogenated Dimer Acid in Asia Pacific
Hydrogenated Dimer Acid is a versatile chemical compound that has a wide range of applications in the Asia Pacific market. It is used in the production of lubricants, surfactants, and other specialty chemicals. It is also used in the production of polymers, adhesives, and coatings. The market for Hydrogenated Dimer Acid in Asia Pacific is expected to grow significantly in the coming years due to the increasing demand for these products. This growth is driven by the increasing demand for specialty chemicals, as well as the increasing demand for polymers and adhesives. The market is also expected to benefit from the increasing demand for lubricants and surfactants. With the increasing demand for these products, the possibilities of Hydrogenated Dimer Acid in Asia Pacific are immense.
Research Scope/Taxonomy
Market Analysis by Type:
Market Analysis by Application:
Market Analysis by End-Use Industry:
Market analysis by region:
Key Companies Profiled
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
3.1. Preliminary Investigation & Research Form
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7.1. Cross Analysis of Type W.R.T. Application
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Application Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Type Landscape
10.1. Introduction
10.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Type [Value (US$ Mn) and Volume (Tons) Analysis]
10.2.1. Standard
10.2.2. Distilled
10.2.3. Hydrogenated.
10.2.4. Others
10.2.5. Market Attractiveness Analysis by Type
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Alkyd Resins
11.2.2. Adhesives
11.2.3. Paint & Coatings
11.2.4. Surfactants
11.2.5. Polyamide Resin
11.2.6. Oilfield Chemicals
11.2.7. Lubricants
11.2.8. Fuel Oil Additives
11.2.9. Others
11.3. Market Attractiveness Analysis by Application
12.1. Introduction
12.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End-Use Industry [Value (US$ Mn) and Volume (Tons) Analysis]
12.2.1. Packaging
12.2.2. Construction
12.2.3. Oil & Gas
12.2.4. Cosmetics & Personal Care
12.2.5. Chemical
12.2.6. Automobile
12.2.7. Others.
12.3. Market Attractiveness Analysis by End-Use Industry
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. North America
13.3.2. Latin America
13.3.3. Europe
13.3.4. Asia-Pacific
13.3.5. Middle East
13.3.6. Africa
13.4. Market Attractiveness Analysis by Region
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country
14.3.1.1. U.S.
14.3.1.2. Canada
14.3.2. By Type
14.3.3. By Application
14.3.4. By End-Use Industry
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Type
14.4.3. By Application
14.4.4. By End-Use Industry
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. Brazil
15.3.1.2. Mexico
15.3.1.3. Rest of Latin America
15.3.2. By Type
15.3.3. By Application
15.3.4. By End-Use Industry
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Type
15.4.3. By Application
15.4.4. By End-Use Industry
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. Germany
16.3.1.2. Italy
16.3.1.3. France
16.3.1.4. UK
16.3.1.5. Spain
16.3.1.6. Netherlands
16.3.1.7. Norway
16.3.1.8. Russia
16.3.1.9. Rest of Europe
16.3.2. By Type
16.3.3. By Application
16.3.4. By End-Use Industry
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Application
16.4.3. By End-Use Industry
17.1. Introduction
17.2. Key Market Trends
17.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.3.1. By Country
17.3.1.1. China
17.3.1.2. Japan
17.3.1.3. South Korea
17.3.1.4. India
17.3.1.5. Indonesia
17.3.1.6. Thailand
17.3.1.7. Vietnam
17.3.1.8. Australia & New Zealand
17.3.1.9. Rest of Asia-Pacific
17.3.2. By Type
17.3.3. By Application
17.3.4. By End-Use Industry
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Type
17.4.3. By Application
17.4.4. By End-Use Industry
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country
18.4.1.1. Saudi Arabia
18.4.1.2. Turkey
18.4.1.3. U.A.E.
18.4.1.4. Rest of the Middle East
18.4.2. By Type
18.4.3. By Application
18.4.4. By End-Use Industry
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Type
18.5.3. By Application
18.5.4. By End-Use Industry
19.1. Introduction
19.2. Key Market Trends
19.3. Pricing Analysis
19.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
19.4.1. By Country
19.4.1.1. South Africa
19.4.1.2. Nigeria
19.4.1.3. Egypt
19.4.1.4. Rest of Africa
19.4.2. By Type
19.4.3. By Application
19.4.4. By End-Use Industry
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Type
19.5.3. By Application
19.5.4. By End-Use Industry
20.1. Tier Structure Breakdown
20.2. Market Share Analysis
20.3. ion Capacity Analysis
20.4. Company Footprint Analysis
20.4.1. Footprint of Players
20.4.2. Regional Footprint of Players
20.4.3. Channel Footprint of Players
20.5. Brand Preference Analysis
20.6. Competition Dashboard
21.1. BASF.
21.1.1. Company Overview
21.1.2. & Financial Portfolio
21.1.3. Manufacturing Facilities
21.1.4. Recent Developments
21.1.5. SWOT Analysis
21.1.6. Strategy Overview
21.2. Croda International
21.3. Oleon NV
21.4. Harima Chemicals
21.5. Emery Oleochemicals
21.6. Florachem Corp.
21.7. Arizona Chemicals
21.8. Aturex Group
21.9. Anqing Hongyu Chemical Co. Ltd.
21.10. Novepha Co. Ltd.
21.11. Others