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.
相關閱讀
本站所有信息與內容，版權歸原作者所有。網站中部分新聞、文章來源于網絡或會員供稿，如讀者對作品版權有疑議，請及時與我們聯系，電話：025-85303363 QQ：2402955403。文章僅代表作者本人的觀點，與本網站立場無關。轉載本站的內容，請務必注明"來源：林中祥膠粘劑技術信息網（www.www.cnmindian.com）".
網友評論
加載中...
