Skip to main content

Global Dimeric fatty acid Market Players Contribute Majorly towards Innovative Trends, details Fact.MR report

In order to dissert the market scenario prevailing across the dimeric fatty acid market sector, Fact.MR has evenly presented a comprehensive analysis report on global dimeric acid market growth to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the dimeric fatty acid market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.
Request a Free Sample Report of Global Market - https://www.factmr.com/connectus/sample?flag=S&rep_id=2470
Key Developments in the Dimeric Fatty Acid Market
  • Croda International Plc., a British specialty chemicals company, recently declared its continuous improvement plan, which includes three important investments in the Latin American region. The company has invested in a new innovation and customer experience center and a specialty polymer plant in the region, which is a part of its five-year improvement plan.
  • Oleon NV, a leading player in the dimeric fatty acid market which is headquartered in Belgium, has announced the opening of its new isostearic acid production unit. The company has invested around 20 million euro in the new production unit, which will produce dimeric fatty acid and isostearic acid.
  • Kraton Corporation, an American manufacturer in the dimeric fatty acid market, announced a global price rise of 10-15% for Tall Oil Rosin (TOR), Tall Oil Fatty Acids (TOFA), and its other derivatives. Later, the company also declared an excused performance, or force majeure, on North America distilled tall oils due to the impacts of Hurricane Michael on its Panama facility. As tall oil is the primary raw material used in the manufacturing of dimer fatty acid, this is likely to induce a significant rise in prices of dimeric fatty acid in the upcoming years.
  • Another manufacturer in the dimeric fatty acid market – Florachem Corp., announced that it has moved to a newly-constructed, 30,000 square foot facility near the Port of Jacksonville, Florida. With the investments in this new facility, the company aims to centralize manufacturing and corporate functions and centralized manufacturing and corporate functions. The new location is likely to become a strength for the company as Jacksonville is the Southeast’s premier intermodal port.
The Fact.MR report covers all the recent developments in the dimeric fatty acid market. The report features a list of market leaders and new entrants in the dimeric fatty acid market, including Croda International Plc., Kraton Corporation, Oleon NV, Shandong Huijin Chemical Co. Ltd., Liancheng Baixin Science and Technology Co. Ltd., Jiangsu Jinma Oil Technology Development Co., Ltd., Jiangsu Yonglin Oleochemical Co. Ltd., Anqing Hongyu Chemical Co., Ltd., Aturex Group, Florachem Corp., Emery Oleochemicals GmbH, and Jarchem Industries Inc.
Dimeric Fatty Acid Market to Remain Fragmented among Tier 2 and 3 Market Players
According to the Fact.MR study, Croda International Plc., Oleon NV, and Kraton Corporation are among the leading players in the dimeric fatty acid market. The study finds that Tier 1 players account for around 27% share in the dimeric fatty acid market and the market remains highly fragmented among local players. Inorganic growth is likely to remain the key strategy for Tier 1 manufacturers of dimeric fatty acid, as they are shifting their focus on acquiring local, small-scale manufacturers in the dimeric fatty acid market. Meanwhile, Tier 2 and 3 players are competing on price in regional markets for dimeric fatty acid. As the dimeric fatty acid market is highly fragmented among small or medium-level market players, they are aiming to expand their businesses in the international markets to envisage incremental growth in the upcoming years.
Fluctuating Availability of Raw Materials Remains a Key Challenge
Over 80-85% of dimeric fatty acid is manufactured using tall oil fatty acids (TOFA), which is obtained as a by-product of the Kraft wood pulping process. However, the production of TOFA has declined steadily over the past few years owing to the palpable shift of manufacturers towards pulping younger pine trees with lower chemical content.
Ask Industry Experts about this Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=2470
Fluctuating supply of TOFA due to the recent transformations in wood pulping procedures is likely to make a significant impact on growth and salient dynamics of the dimeric fatty acid market in the upcoming years. Uncertainties about the availability of raw materials also suggest a potential rise in prices of dimeric fatty acids in the coming future. In addition, a majority of customers in the end-user industries, such as adhesives, coatings, and printing inks industry, are moving away from dimeric fatty acid-based polyamides due to inadequate supply and increased prices. Thereby, this can make a negative impact on growth of the dimeric fatty acid market.

Comments

Post a Comment

Popular posts from this blog

Spray Polyurea Elastomers Market: Notable Developments by Key Stakeholders

 According to estimates of Fact.MR in its new research analysis, the global market for spray polyurea elastomers will reflect an impressive 9.6% volume CAGR during the period 2017 to 2026. Nearly US$ 2,760 Mn worth of spray polyurea elastomers are envisaged to be sold across the globe by 2026-end. Analysis on Sherwin Williams, Huntsman Corporation, Specialty Products Inc., and other prominent participants operating in the global spray polyurea elastomers has been incorporated in the report. Corrosion protection and abrasion resistance attributes of spray polyurea elastomers have been driving their demand in mining-related equipment and facilities. Erosion protection, waterproofing, and concrete surface protection are other key characteristics of polyurea that have fuelled their adoption in the construction sector. With robust balance sheets across the mining sector, miners in North America are adhering to an investment-led approach, which in turn has given birth to a renewed foc...
Post a Comment
Read more

Global Sodium Percarbonate Market to Surpass Revenues worth US$ 600 Mn until the end of 2029

According to a new Fact.MR report, global demand for sodium percarbonate accounted for a sales volume of 1051 KT in 2018, which is projected to grow substantially through 2019 and beyond. A plethora of factors are shaping growth in the sodium percarbonate market , ranging from growing demand for low-cost cleaning agents to shifting customer preference for eco-friendly bleach products. The Fact.MR study finds that the demand for sodium percarbonate is being buoyed by its extensive functional benefits in both industrial and household cleaning applications. Powerful bleaching, disinfection, and cleaning capabilities are the key attributes that are highly likely to remain key influencers, sustaining sodium percarbonate sales over the forthcoming years. Request for a Customize Sample Copy of this Market Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=2527 Sodium Percarbonate Market in Numbers   The sodium percarbonate market has been envisaged to surpass reven...
Post a Comment
Read more

Sodium Methoxide Market: Growing Demand to Impact Revenue Share during 2018-2027

The purpose of this rich study presented by FactMR is to elaborate the various market projections impacting the global sodium methoxide market during the period until 2027. This assessment delivers high-end statistics concerning market size, Y-o-Y growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about growth trends along with opportunities that are expected to reshape the overall structure of the sodium methoxide market during the forecast period. Request for Sample Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=2800 Sodium methoxide industry continues to gain lucrative opportunities across the world on the backdrop of the increasing investment in the end use industries, increasing production capacities of the key companies, increasing investment in the research & development activities. Moreover, the growth in the sodium methoxide industry has influenced its market...
Post a Comment
Read more