This Dimer Acid market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The dimer acid market size has grown strongly in recent years. It will grow from $1.86 billion in 2024 to $1.98 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to investments in research and development by manufacturers, shift towards lightweight materials to improve fuel efficiency, liberalization and deregulation initiatives have encouraged competition and investment, increasing focus on product safety and quality and expansion of the renewable energy sector.
The dimer acid market size is expected to see strong growth in the next few years. It will grow to $2.49 billion in 2029 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to increased usage in personal care products, focus on antioxidant properties, increasing demand for adhesives and sealants in construction, large-scale infrastructure development projects and increasing demand for specialty chemicals. Major trends in the forecast period include nanotechnology, integration of dimer acids in electronics, adoption of dimer acid-based ink resins, advancements in biotechnological approaches and advancements in purification technologies.
The growing demand for sustainable and bio-based products is expected to drive the growth of the dimer acid market. Sustainable and bio-based products are made from renewable resources or processes that minimize environmental impact, focusing on long-term ecological balance and resource preservation. This trend is gaining momentum due to increasing environmental concerns, regulatory pressures, consumer preferences for eco-friendly options, and corporate sustainability initiatives. Dimer acids derived from bio-based sources are more biodegradable compared to those produced from fossil fuels, leading to a reduced environmental impact at the end of their life cycle. For example, in April 2024, a survey conducted by TheRoundup, a US-based platform promoting sustainability, found that 62% of U.S. adults frequently seek environmentally sustainable products, up from 27% in 2021. Additionally, 82% consider sustainability when purchasing mattresses, although 52% are concerned about the cost. This increasing consumer preference for eco-friendly products is propelling the development of the dimer acid market.
Leading players in the dimer acid market are focusing on innovation to meet the increasing demand for high-quality, sustainable materials across various industries. One such innovation is distilled dimer acid, a purified form known for its superior performance characteristics including flexibility, toughness, and chemical resistance. For example, Cargill introduced Pripol 1013 in June 2023, a distilled dimer acid renowned for its ability to produce high-performance polyesters and polyamides. This product offers enhanced water repellence, flexibility, and resistance to hydrolysis and chemicals, making it suitable for various resin modification applications in industries such as epoxy, polyurethane, polyester, and polyamide.
In March 2022, DL Chemical Co. Ltd. merged with Kraton Corporation for $38 million, positioning both companies as global leaders in specialty chemicals. This merger is expected to advance their vision of sustainability and innovation, potentially leading to the development of more eco-friendly and high-performance dimer acid products to meet the evolving market demands. Kraton Corporation, a prominent manufacturer of dimer acids, including those derived from bio-based sources, is poised to play a key role in shaping the future of the dimer acid market.
Major companies operating in the dimer acid market are Henan GP Chemicals Co. Ltd., BASF SE, Wilmar International Limited, Evonik Industries AG, Eastman Chemical Company, Musim Mas Group, Lanxess, Kemira Oyj, Croda International Plc, Kraton Corporation, Nissan Chemical America Corporation, KLK OLEO, Oleon NV, Emery Oleochemicals, Tokyo Chemical Industry Co. Ltd, Santa Cruz Biotechnology Inc., Jarchem Industries Inc., Vizag chemical, Florachem Corporation, SunChem Group, Shandong Huijin Chemical Co. Ltd., ATUREX, Anqing Hongyu Chemical Co. Ltd.
Asia-Pacific was the largest region in the dimer acid market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the dimer acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dimer acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Dimer acid, also known as dimerized fatty acid, is a complex mixture of dicarboxylic acids formed through the thermal or catalytic dimerization of unsaturated fatty acids, primarily sourced from natural origins such as vegetable oils. It is characterized by two fatty acid molecules linked by a dicarboxylic acid bond. Dimer acid is highly prized for its distinctive chemical properties, notably exceptional thermal stability and resistance to corrosion. These attributes render it a versatile additive in the production of polyamides, adhesives, lubricants, and coatings.
The main product variations of dimer acid include standard, distilled, and distilled and hydrogenated forms. Standard dimer acids, originating from the dimerization of unsaturated fatty acids found in vegetable oils such as soybean and rapeseed, retain natural traits such as high oxidative stability and moderate viscosity. They are utilized across diverse applications including alkyd resins, adhesives and elastomers, lubricants, polyamide resin, fuel oil additives, and others, catering to sectors such as construction, oilfield operations, cosmetics, and more.
The dimer acid market research report is one of a series of new reports that provides dimer acid market statistics, including the dimer acid industry global market size, regional shares, competitors with dimer acid market share, detailed dimer acid market segments, market trends, and opportunities, and any further data you may need to thrive in the dimer acid industry. These dimer acid market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The dimer acid market consists of sales of dimer acid 35 and dimer acid 17. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The dimer acid market size has grown strongly in recent years. It will grow from $1.86 billion in 2024 to $1.98 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to investments in research and development by manufacturers, shift towards lightweight materials to improve fuel efficiency, liberalization and deregulation initiatives have encouraged competition and investment, increasing focus on product safety and quality and expansion of the renewable energy sector.
The dimer acid market size is expected to see strong growth in the next few years. It will grow to $2.49 billion in 2029 at a compound annual growth rate (CAGR) of 6%. The growth in the forecast period can be attributed to increased usage in personal care products, focus on antioxidant properties, increasing demand for adhesives and sealants in construction, large-scale infrastructure development projects and increasing demand for specialty chemicals. Major trends in the forecast period include nanotechnology, integration of dimer acids in electronics, adoption of dimer acid-based ink resins, advancements in biotechnological approaches and advancements in purification technologies.
The growing demand for sustainable and bio-based products is expected to drive the growth of the dimer acid market. Sustainable and bio-based products are made from renewable resources or processes that minimize environmental impact, focusing on long-term ecological balance and resource preservation. This trend is gaining momentum due to increasing environmental concerns, regulatory pressures, consumer preferences for eco-friendly options, and corporate sustainability initiatives. Dimer acids derived from bio-based sources are more biodegradable compared to those produced from fossil fuels, leading to a reduced environmental impact at the end of their life cycle. For example, in April 2024, a survey conducted by TheRoundup, a US-based platform promoting sustainability, found that 62% of U.S. adults frequently seek environmentally sustainable products, up from 27% in 2021. Additionally, 82% consider sustainability when purchasing mattresses, although 52% are concerned about the cost. This increasing consumer preference for eco-friendly products is propelling the development of the dimer acid market.
Leading players in the dimer acid market are focusing on innovation to meet the increasing demand for high-quality, sustainable materials across various industries. One such innovation is distilled dimer acid, a purified form known for its superior performance characteristics including flexibility, toughness, and chemical resistance. For example, Cargill introduced Pripol 1013 in June 2023, a distilled dimer acid renowned for its ability to produce high-performance polyesters and polyamides. This product offers enhanced water repellence, flexibility, and resistance to hydrolysis and chemicals, making it suitable for various resin modification applications in industries such as epoxy, polyurethane, polyester, and polyamide.
In March 2022, DL Chemical Co. Ltd. merged with Kraton Corporation for $38 million, positioning both companies as global leaders in specialty chemicals. This merger is expected to advance their vision of sustainability and innovation, potentially leading to the development of more eco-friendly and high-performance dimer acid products to meet the evolving market demands. Kraton Corporation, a prominent manufacturer of dimer acids, including those derived from bio-based sources, is poised to play a key role in shaping the future of the dimer acid market.
Major companies operating in the dimer acid market are Henan GP Chemicals Co. Ltd., BASF SE, Wilmar International Limited, Evonik Industries AG, Eastman Chemical Company, Musim Mas Group, Lanxess, Kemira Oyj, Croda International Plc, Kraton Corporation, Nissan Chemical America Corporation, KLK OLEO, Oleon NV, Emery Oleochemicals, Tokyo Chemical Industry Co. Ltd, Santa Cruz Biotechnology Inc., Jarchem Industries Inc., Vizag chemical, Florachem Corporation, SunChem Group, Shandong Huijin Chemical Co. Ltd., ATUREX, Anqing Hongyu Chemical Co. Ltd.
Asia-Pacific was the largest region in the dimer acid market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the dimer acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dimer acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Dimer acid, also known as dimerized fatty acid, is a complex mixture of dicarboxylic acids formed through the thermal or catalytic dimerization of unsaturated fatty acids, primarily sourced from natural origins such as vegetable oils. It is characterized by two fatty acid molecules linked by a dicarboxylic acid bond. Dimer acid is highly prized for its distinctive chemical properties, notably exceptional thermal stability and resistance to corrosion. These attributes render it a versatile additive in the production of polyamides, adhesives, lubricants, and coatings.
The main product variations of dimer acid include standard, distilled, and distilled and hydrogenated forms. Standard dimer acids, originating from the dimerization of unsaturated fatty acids found in vegetable oils such as soybean and rapeseed, retain natural traits such as high oxidative stability and moderate viscosity. They are utilized across diverse applications including alkyd resins, adhesives and elastomers, lubricants, polyamide resin, fuel oil additives, and others, catering to sectors such as construction, oilfield operations, cosmetics, and more.
The dimer acid market research report is one of a series of new reports that provides dimer acid market statistics, including the dimer acid industry global market size, regional shares, competitors with dimer acid market share, detailed dimer acid market segments, market trends, and opportunities, and any further data you may need to thrive in the dimer acid industry. These dimer acid market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The dimer acid market consists of sales of dimer acid 35 and dimer acid 17. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Dimer Acid Market Characteristics3. Dimer Acid Market Trends and Strategies4. Dimer Acid Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Dimer Acid Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Dimer Acid Market34. Recent Developments in the Dimer Acid Market
5. Global Dimer Acid Growth Analysis and Strategic Analysis Framework
6. Dimer Acid Market Segmentation
7. Dimer Acid Market Regional and Country Analysis
8. Asia-Pacific Dimer Acid Market
9. China Dimer Acid Market
10. India Dimer Acid Market
11. Japan Dimer Acid Market
12. Australia Dimer Acid Market
13. Indonesia Dimer Acid Market
14. South Korea Dimer Acid Market
15. Western Europe Dimer Acid Market
16. UK Dimer Acid Market
17. Germany Dimer Acid Market
18. France Dimer Acid Market
19. Italy Dimer Acid Market
20. Spain Dimer Acid Market
21. Eastern Europe Dimer Acid Market
22. Russia Dimer Acid Market
23. North America Dimer Acid Market
24. USA Dimer Acid Market
25. Canada Dimer Acid Market
26. South America Dimer Acid Market
27. Brazil Dimer Acid Market
28. Middle East Dimer Acid Market
29. Africa Dimer Acid Market
30. Dimer Acid Market Competitive Landscape and Company Profiles
31. Dimer Acid Market Other Major and Innovative Companies
35. Dimer Acid Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Dimer Acid Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on dimer acid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for dimer acid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dimer acid market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Standard; Distilled; Distilled and Hydrogenated2) By Application: Alkyd Resins; Adhesives and Elastomers; Lubricants; Polyamide Resin; Fuel Oil Additives; Other Applications
3) By End-Use Industry: Construction; Oilfield; Cosmetics; Other End-Use Industries
Key Companies Mentioned: Henan GP Chemicals Co. Ltd.; BASF SE; Wilmar International Limited; Evonik Industries AG; Eastman Chemical Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Dimer Acid market report include:- Henan GP Chemicals Co. Ltd.
- BASF SE
- Wilmar International Limited
- Evonik Industries AG
- Eastman Chemical Company
- Musim Mas Group
- Lanxess
- Kemira Oyj
- Croda International Plc
- Kraton Corporation
- Nissan Chemical America Corporation
- KLK OLEO
- Oleon NV
- Emery Oleochemicals
- Tokyo Chemical Industry Co. Ltd
- Santa Cruz Biotechnology Inc.
- Jarchem Industries Inc.
- Vizag chemical
- Florachem Corporation
- SunChem Group
- Shandong Huijin Chemical Co. Ltd.
- ATUREX
- Anqing Hongyu Chemical Co. Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 1.98 Billion |
Forecasted Market Value ( USD | $ 2.49 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
No. of Companies Mentioned | 24 |