Global Dimer Acid-Based (DAB) Polyamide Resins Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Dimer Acid-Based (DAB) Polyamide Resins Market was worth US$ 1,742.3 Mn and is expected to grow at a CAGR of 6.6% over the forecast period. While the historical CAGR is 5.2%, the market is expected to hit US$ 3,301.4 Mn by 2032 end.

The class of dicarboxylic acids includes dimer acids, commonly referred to as dimerized fatty acids. Transparent, viscous, and non-toxic substances are known as dimer acids. Unsaturated fatty acids obtained from sources such as oleic acid, canola oil, tallow, cottonseed, and rapeseed are dimerized to create dimer acids.

Hot melt adhesives and polyamide resins are both synthesized using dimer acids. Polyamide resins based on dimer acids have a variety of characteristics that either make them reactive or non-reactive by nature. Epoxy resins, typically utilized in producing adhesives and surface coatings, are usually cured by reactive polyamides.

Market Dynamic

DEMAND FOR ADHESIVES AND SURFACE COATINGS IS DRIVING THE DIMER ACID-BASED POLYAMIDE RESINS MARKET

Growing disposable income and the expanding economies of developing nations have increased the demand for residential real estate, which is predicted to further the industry’s overall expansion.

The main field in which adhesives and surface coatings are used in construction. As a result, the market for dimer acid-based polyamide resins is anticipated to be driven by the rising demand for adhesives and surface coatings from various end-use sectors, including construction.

The production of printing inks also primarily uses polyamide resins based on dimer acids. Dimer Acid-Based (DAB) Polyamide Resins are becoming more and more in demand as a result of applications for them in decorative coatings, fabrics, interlining, shoe stretch, fold plastic, and Baotou glue on a global scale.

HIGH RAW MATERIAL COSTS RESTRAIN THE MARKET GROWTH

A significant obstacle for the market for dimer acid-based (DAB) polyamide resins is high raw material costs. Dimer acid and hexamethylenediamine are the main ingredients used to manufacture DAB polyamide resins. Dimer acid, made from petroleum, is a crucial feedstock for manufacturing DAB polyamide resins. Dimer acid’s price is unstable and based on crude oil’s cost. Dimer acid and crude oil prices are directly related to the cost of DAB polyamide resins.

Another essential raw element used in creating DAB polyamide resins is hexamethylenediamine. It is made from ammonia and is also a component in nylon 6,6 manufacturing. Hexamethylenediamine’s pricing is also unstable and is influenced by the cost of ammonia and natural gas.

Market Segments Covered in Report

By Type:

• Benzene-Soluble
• Alcohol-Soluble

By Application:

• Decorative Coatings
• Fabrics
• Interlining
• Shoe Stretch
• Fold Plastic
• Baotou Glue

By End-Use:

• Inks, Paints & coating
• Automotive
• Chemical
• Fiber and Textile
• Electrical & Electronics
• Others

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Where are Alcohol-Soluble Dimer Acid-Based (DAB) Polyamide Resins used?

DAB polyamide resins soluble in alcohol, acetone, and methyl ethyl ketone are made of organic solvents. Silk screen printing applications or water-based fabric treatments can both use alcohol-soluble DABS.

Why are Decorative Coatings expected to witness a high growth rate?

Decorative coatings are anticipated to use dimer acid-based (DAB) polyamide resins at a high pace of growth throughout the forecast period. The demand for these products in this application among end users is driven by their excellent qualities, such as color retention, gloss retention, quicker drying time, and high compatibility with other binders.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.

• With a market share of 18.2%, the production of dimer-based curable inks, varnishes, and lacquers for lithographic offset printing in Europe is the greatest industrial application for dimer acid polyamide resins. The total demand for printing inks is rising significantly in many Eastern European nations.
• Epoxy resins, typically utilized in producing adhesives and surface coatings, are usually cured by reactive polyamides. In Asia, especially China and India, the market for decorative coatings is increasing more quickly. Additionally, it is projected that the APAC decorative paints & coatings market will grow remarkably, increasing demand for polyamide resins based on dimer acids.

Competition Analysis

The market for Dimer Acid-Based (DAB) Polyamide Resins is competitive globally, with manufacturers holding a small percentage of the industry.

A list of some of the key suppliers present in the market are:

• The Dow Chemical Company
• Hitachi Chemical
• Kraton Corporation
• Anqing Hongyu Chemical
• Jinan Tongfa Resin
• RITEKS

Global Dimer Acid-Based (DAB) Polyamide Resins Market 2022-2032: Report Coverage and Highlights

• Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
• Key drivers, restraints, opportunities, and key emerging trends impacting market growth
• Predictions on critical supply, demand, and technological trends and changes in consumer behavior
• Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
• Segment-wise, country-wise, and region-wise market analysis
• Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
• Key product innovations and regulatory framework
• Covid-19 impact on the market and how to navigate
• Strategic market analysis and recommendations on crucial winning strategies

• Report Includes

  Market Size Data

  • Global market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and region
  • Regional level market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and country
  • Country level market share data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment
  • Market attractiveness analysis based on market share index and CAGR index for each of the segments and regions
  • Incremental dollar opportunity generated in the forecast period would be indicated
  • Key Takeaways, Recommendations, and key investment pockets for the relevant segments would be highlighted

  Market Background

  • Macroeconomic factors that impact the market developments
  • Market dynamics (Drivers, Restraints, Opportunities) that positively or negatively influence market growth
  • Supply Side and Demand Side trends – trends witnessed from buyers and suppliers side
  • Production and Consumption Gap Analysis – analysis of gap between production and consumption in any geography to fulfil unmet demand
  • Trade analysis and analysis of key supply and demand hubs
  • Identification of hotbed opportunities existing in the market
  • Porter’s and PEST analysis to understand the business environment of the geography
  • Regulatory scenario – Identification of key sector specific and trade regulations, and assessment of whether it helps or hinder market development & growth

  Pricing Analysis

  • Regional-level product pricing analysis to set and benchmark your current or future product offerings across each product type
  • Historical and projected pricing trends of the product which helps in determining the product’s price and/or services beneficial for companies product lifecycle
  • Cost teardown analysis and key factors impacting pricing

  Value Chain Analysis

  • Country-wise list of raw material suppliers
    • Raw material price trends and buyers’ sentiment
    • Overview of Intelligent Sourcing Technique
    • Raw material procurement requirements
    • Vendor selection criteria
  • Country-wise list of product manufacturers
  • Country-wise list of distributors/traders
  • Country-wise list of end-users
    • End-Users/Customers consumption mapping
    • Key End-Users/Customers client list
  • Country-wise list of other key channel partners
  • Average profitability margins
  • Regional value chain dynamics

  Competition Analysis

  • Market shares and production capacities of key players
  • Tier structure analysis of market
  • Comprehensive competition dashboard representing the top 10-15 players in the market
  • Individual company profiles of top 15 to 20 manufacturers
    • Business Overview
    • Product Portfolio
    • Key Financials
    • Recent Developments
    • SWOT Analysis
    • Strategies

Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific

Why Choose CVC Market Research?;

• Specialized market research company
• Impeccable and deep industry expertise
• Wide range of offerings
• Robust research methodology and statistical models with least deviation
• Extensive reports and full-service consulting
• Expert panel sanctioned industry outlook
• Growth dynamics for calculated investments
• Tri-level quality guarantee
• 6 months unlimited post-sales support
• Regular planned and contracted report updates