Global Dimer Fatty Acid Market - A US$ 812 Million Market by 2031 - In-Depth Analysis of Trends, Applications, and Regional Expansion [Yahoo! Finance]
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Source: Yahoo! Finance
- By Product, Technology, Grade, Application, End-user, Region" report has been added to ResearchAndMarkets.com's offering. The global dimer fatty acid market is poised for significant growth during forecast period. The market's value is expected to surge from US$ 590 million in 2024 to a remarkable US$ 812 million by 2031. One of the driving factors behind this growth is the rising demand for dimer fatty acid, particularly in the hot melt adhesives industry. Additionally, the increasing investment in local infrastructure development and construction projects is expected to further boost the sales of dimer fatty acid in the coming years. Impact of the Oil & Gas Sector on Dimer Fatty Acid Sales The oil & gas sector is anticipated to play a pivotal role in the growth of the dimer fatty acid market. Dimer fatty acid is a crucial ingredient in the manufacturing of chemicals used in drilling activities, including inverted oil-based mud and drilling fluid additives for both water-ba
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