Global Dimeric fatty acid Market Players Contribute Majorly towards TrendsPosted by Arslan on August 26th, 2019 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. Key Developments in the Dimeric Fatty Acid Market
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. Like it? Share it!More by this author |