According to a new market report published by Persistence Market Research “Global Market Study on Dimer Acid: Distilled and Hydrogenated Segment to Witness High Growth by 2021”, the global market for dimer acids valued at an estimated US$ 494.1 million in 2015, and is expected to expand at a CAGR of 6.1% from 2015 to 2021, to reach a market value of US$ 705.8 Mn by 2021.
The growth of end use industries is expected to emerge as a major factor driving the global dimer acid market during the forecast period. Moreover, steady economic growth in regions across the globe, especially in Asia Pacific is also likely to indirectly drive the growth of the global dimer acid market between 2015 and 2021.
Additionally, increasing demand for bio-based, green products, is expected to positively impact the global dimer acid market during the forecast period.
However, volatility in prices of dimer acids, primarily due to fluctuation in vegetable oil prices is likely to act as an impediment to the growth of the global dimer acid market between 2015 and 2021. The global dimer acid market is expected to grow from an estimated value of US$ 494.1 million in 2015to US$ 705.8 million by 2021, registering a CAGR of 6.2% during the forecast period.
相關(guān)閱讀
本站所有信息與內(nèi)容，版權(quán)歸原作者所有。網(wǎng)站中部分新聞、文章來(lái)源于網(wǎng)絡(luò)或會(huì)員供稿，如讀者對(duì)作品版權(quán)有疑議，請(qǐng)及時(shí)與我們聯(lián)系，電話：025-85303363 QQ：2402955403。文章僅代表作者本人的觀點(diǎn)，與本網(wǎng)站立場(chǎng)無(wú)關(guān)。轉(zhuǎn)載本站的內(nèi)容，請(qǐng)務(wù)必注明"來(lái)源：林中祥膠粘劑技術(shù)信息網(wǎng)（m.423344.com）".
網(wǎng)友評(píng)論
加載中...
