The global dimer acid-based (DAB) polyamide resin market size surpassed USD 2,819 million in 2024 and is predicted to reach around USD 5,597 million by 2034, registering a CAGR of 7.1% from 2024 to 2034.
The Dimer Acid-based Polyamide Resin Market pertains to the processing, supply, and utilization of resins from dimer acid and polyamides. These resins are generally used in adhesives, coatings, inks, and composites because of their strong adhesive properties, chemical resistance, and flexibility. DAB resins are much more economically valuable because of their superior adhesion characteristics and chemical resistance, and they are therefore much sought after in the sectors of coating, adhesive, and ink.
Growing performance and durability needs are expected to increase the demand for DAB resins. Continuous development continues in DAB resin formulations, driving the industry as manufacturers innovate and expand tailored functionalities to serve various applications. The increasing trend in sustainability sets good ground for dimer acids, especially harvested from renewable sources, such as vegetable oils, rendering DABs a more attractive alternative to conventional petroleum-based products. Price fluctuation of raw materials and strict environmental regulations are some barriers that the DAB polyamide resin market will have to contend with. Despite these deterrents, the DAB polyamide resin industry continues to grow and develop, thus shaping its future.
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| Stats ID: | 7317 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
| Stats ID: | 7317 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
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