The future of Dimethylolpropionic Acid in coatings, adhesives, and other applications
Category: Chemicals & Materials Published Date : Feb-23 ID: CVC-1387 Format: PDF Pages: 300
Report Highlights
According to a research survey conducted by ChemView Consulting, in 2023 Dimethylolpropionic Acid Market was worth US $ 530 Mn. The market is expected to grow at a CAGR of 6.40% between 2023 and 2033 to hit US $ 985.58 Mn by 2033 end.
Key Market Trends
The Solution for a Greener and More Sustainable Future
With its eco-friendly properties, DMPA is becoming a popular choice for various applications, creating a wide range of opportunities in the market. 2. “DMPA: The Key Ingredient in Polyurethane Foams.” DMPA is a key ingredient in polyurethane foams due to its role in improving foam quality and stability, making it a valuable product in the market.
The Essential Element in Adhesives and Coatings
With its role in improving product performance and durability, DMPA is an essential element in adhesives and coatings, creating a wide range of opportunities in the market.
Market Drivers
DMPA Enhancing Resin Performance and Versatility
The growing demand for high-performance polyurethane dispersions in various industries, such as automotive, construction, and textiles, has driven the DMPA market. As a key component in the production of waterborne polyurethane resins, DMPA provides excellent adhesion, flexibility, and chemical resistance, making it essential for a wide range of applications.
DMPA Supporting the Shift to Waterborne Technologies
The increasing focus on environmentally friendly practices in the coatings and adhesives industries has fueled the demand for DMPA. As a crucial ingredient in waterborne polyurethane formulations, DMPA enables the production of low-VOC, eco-friendly coatings and adhesives that reduce environmental impact and comply with stringent regulations.
Segmentation Insights
After conducting a thorough analysis of the Dimethylolpropionic Acid (DMPA) Market, we have identified the top three trending segments in the industry. These segments are experiencing significant growth, high demand, and widespread adoption.
Most Popular (Fastest Growth Rate)
Polyurethane Dispersion (Resins Application)
Polyurethane Dispersion is the most popular application in the DMPA Market due to its extensive usage in the resins application. DMPA is widely used as a building block for the production of polyurethane dispersions, which are used as binders for coatings, adhesives, and textile applications. DMPA’s excellent properties such as low toxicity, high reactivity, and versatility make it the preferred choice for the polyurethane dispersion – resins application.
Most Selling (Largest Market Share)
Automotive Topcoat (Electrodeposition Coating Application)
Automotive Topcoat is the most selling application in the DMPA Market due to its extensive usage in the electrodeposition coating application. DMPA is widely used as a crosslinking agent in automotive topcoats, which are used as protective coatings for automobile bodies. DMPA’s excellent properties such as improved adhesion, corrosion resistance, and durability make it the go-to choice for the automotive topcoat – electrodeposition coating application.
Trending (Gaining Traction)
Wood Finishing (Adhesive Application)
Wood Finishing is gaining significant traction in the DMPA Market due to its usage in the adhesive application. DMPA is widely used as a crosslinking agent in wood adhesives, which are used for bonding wood products such as furniture, flooring, and paneling. DMPA’s excellent properties such as moisture resistance, high reactivity, and improved bonding strength make it a trending choice in the wood finishing – adhesive application.
Regional Insights
Europe: A Pioneering Market with a Focus on Sustainability
Europe is a key market for dimethylolpropionic acid (DMPA), driven by its strong industrial sector and commitment to sustainability. The region’s focus on eco-friendly solutions and stringent environmental regulations has spurred the demand for DMPA in various applications, including coatings, adhesives, and polyurethane dispersions. Germany, the United Kingdom, and France lead the market with their advanced manufacturing capabilities and innovative technologies, making Europe an essential player in the global DMPA industry.
Asia-Pacific: A Rapidly Expanding Market with Industrial Growth
The Asia-Pacific region, including countries like China, India, and Japan, is witnessing rapid growth in the DMPA market. The region’s booming industrial sector and expanding applications in coatings, adhesives, and polyurethane dispersions have contributed to the rising demand for DMPA. The increasing focus on product development and the cost-competitive advantages of the region make Asia-Pacific an attractive market for DMPA manufacturers and investors.
Research Scope/Taxonomy
Market Analysis by Application:
Market Analysis by End Use:
Market analysis by region:
Key Companies Profiled
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7.1. Cross Analysis of Application W.R.T. End Use
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Product Type Landscape
10.1. Introduction
10.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
10.3. Foliar Treatment
10.4. Soil Treatment
10.5. Seed Treatment
12.3.Market Attractiveness Analysis by Application
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End Use [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Adhesive
11.2.2. Glass Fiber Sizing
11.2.3. Automotive Topcoat
11.2.4. Wood Finishing
11.2.5. Others
12.3.Market Attractiveness Analysis by End Use
12.1. Introduction
12.2. Key Market Trends
12.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. Asia-Pacific
12.3.5. Middle East
12.3.6. Africa
12.4. Market Attractiveness Analysis by Region
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. By Country
13.3.1.1. U.S.
13.3.1.2. Canada
13.3.2. By Application
13.3.3. By End Use
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Application
13.4.3. By End Use
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country
14.3.1.1. Brazil
14.3.1.2. Mexico
14.3.1.3. Rest of Latin America
14.3.2. By Application
14.3.3. By End Use
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Application
14.4.3. By End Use
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. Germany
15.3.1.2. Italy
15.3.1.3. France
15.3.1.4. UK
15.3.1.5. Spain
15.3.1.6. Netherlands
15.3.1.7. Norway
15.3.1.8. Russia
15.3.1.9. Rest of Europe
15.3.2. By Application
15.3.3. By End Use
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Application
15.4.3. By End Use
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. China
16.3.1.2. Japan
16.3.1.3. South Korea
16.3.1.4. India
16.3.1.5. Indonesia
16.3.1.6. Thailand
16.3.1.7. Vietnam
16.3.1.8. Australia & New Zealand
16.3.1.9. Rest of Asia-Pacific
16.3.2. By Application
16.3.3. By End Use
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Application
16.4.3. By End Use
17.1. Introduction
17.2. Key Market Trends
17.3. Pricing Analysis
17.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.4.1. By Country
17.4.1.1. Saudi Arabia
17.4.1.2. Turkey
17.4.1.3. U.A.E.
17.4.1.4. Rest of the Middle East
17.4.2. By Application
17.4.3. By End Use
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Application
17.5.3. By End Use
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country
18.4.1.1. South Africa
18.4.1.2. Nigeria
18.4.1.3. Egypt
18.4.1.4. Rest of Africa
18.4.2. By Application
18.4.3. By End Use
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Application
18.5.3. By End Use
19.1. Tier Structure Breakdown
19.2. Market Share Analysis
19.3. Production Capacity Analysis
19.4. Company Footprint Analysis
19.4.1. Product Footprint of Players
19.4.2. Regional Footprint of Players
19.4.3. Channel Footprint of Players
19.5. Brand Preference Analysis
19.6. Competition Dashboard
20.1. Geo Specialty Chemicals, Inc.
20.1.1. Company Overview
20.1.2. Product & Financial Portfolio
20.1.3. Manufacturing Facilities
20.1.4. Recent Developments
20.1.5. SWOT Analysis
20.1.6. Strategy Overview
20.2. Perstorp Specialty Chemicals AB
20.3. Henan Fianfu Chemical Ltd.
20.4. Jiangxi nancheng Hongdu Chemical Technology Development Co., Ltd.
20.5. Shenzhen Vtolo Chemicals Co. Ltd.
20.6. Lemman Laboratories International Co.,Ltd
20.7. Biosynth Carbosynth
20.8. Yigyooly Enterprise Limited
20.9. Jiangxi Selon Industrial Co.,Ltd.
20.10.
20.11. 25. Bric Automotive Plastics Market Research Scope/Taxonomy Market Analysis by Material Type:
20.12.
20.13. Polypropylene (PP)
20.14. Polyurethane (PUR)
20.15. Acrylonitrile Butadiene Styrene (ABS)
20.16. Polyvinyl Chloride (PVC)
20.17. Polyethylene (PE)
20.18. Polystyrene (PS)
20.19. Polycarbonate (PC)
20.20. Polyamide (PA)
20.21. Acrylic (PMMA etc.)
20.22. Plastics Composites
20.23. Others