Hydrogenated Dimer Acid Market Analysis

End Use Industry (Construction, Packaging, Oil & Gas, Cosmetics, Chemical, Automobile)

The construction segment in the hydrogenated dimer acid market is estimated to hold the largest revenue share of 36 % by the end of 2037. The growth of the segment can be accounted to the rising demand for hydrogenated dimer acid in the construction sector since it comprises all the necessary polymers. It was noticed that in 2021, the market size of the American construction industry was estimated to be over 2 trillion dollars, and in the following year, it is anticipated to grow even more. The rapid growth of the real estate sector, along with massive investments to construct buildings and infrastructures generates the need for hydrogenated dimer acid as it is used for surface coating, paint & inks, adhesives, and sealants in construction processes.

Application (Alkyd Resins, Adhesives, Paint & Coatings, Surfactants, Resins, Fuel Oil)

Hydrogenated dimer acid market from the paints & coatings segment is attributed to holding the most significant share by the end of the forecast period. Hydrogenated dimer acid is used to synthesize polyamide resins that are further used in paints & coatings, especially in protective coating. The rapidly expanding demand for paints and coatings from various end-use industries such as construction, automotive, and others is anticipated to bring lucrative growth opportunities for segment growth

Our in-depth analysis of the global market includes the following segments: