An Extensive Study on Dimer Acid market
Dimer Acid market is estimated to be valued at US$318.841 million in 2018 and is projected to grow at a significant rate during the forecast period. Dimer acids, also known as dimerized fatty acids, belong to the class of dicarboxylic acids, obtained by dimerizing unsaturated fatty acids. Dimer acids are non-toxic and have a yellow viscous transparent appearance.
Dimer acids are predominantly used to make polyamide resins and hot melt adhesives. Based on properties, dimer acid-based polyamide resins can be classified as either reactive or non-reactive. Reactive polyamides act as curing agents for epoxy resins, which are used to manufacture adhesives and surface coatings. Whereas, non-reactive polyamides are largely used to manufacture printing inks and hot-melt adhesives.
Dimer Acid market has been analyzed through the following segments like By Product, By Application, By Geography.