Hydrogenated Dimer Acid Market Share

APAC Market Forecast

Asia Pacific industry is predicted to dominate majority revenue share of 32% by 2037. The growth of the market can be ascribed to the rising demand for packaging, mainly food packaging, supported by increasing demand for ready-to-eat meals and online food ordering across the region. As per one of the surveys, by the end of 2033, approximately more than 519 million users in India are estimated to be dependent on the online food ordering system.

North American Market Statistics

The North America hydrogenated dimer acid market is estimated to be the second largest, registering a share of about 25% by the end of 2037. The growth of the market can be attributed majorly to the surging production of vehicles. The auto industry of the United States manufactured around 10 million vehicles in 2022, which included buses, coaches, commercial vehicles, heavy trucks as well as passenger vehicles.