Global Dimethylolpropionic Acid (DMPA) Market-Market Scope and Market Size
- DataBridge Market004
- Aug 1, 2022
- 3 min read
The global Dimethylolpropionic Acid (DMPA) Market has a rate of CAGR of 5% in the forecast period 2022 to 2029
Global Dimethylolpropionic Acid (DMPA) Market-Global Industry Trends & Forecast to 2029
ü Dimethylolpropionic acid is a crystalline organic compound that is progressively gaining traction in the market.
ü Dimethylolpropionic acid (DMPA) is primarily used in the manufacture of the aqueous anionic polyurethane dispersions and it is also used in the field of urethane elastomers, powder coatings, epoxy ester coatings, adhesives, and so on.
ü The demand for dimethylolpropionic acid for the production of water-soluble resins and its improved stability to it is expected to drive the growth of the market within the forecast period.
ü Data Bridge Market Research analyses that the dimethylolpropionic acid (DMPA) market is expected to undergo a CAGR of 5.00% during the forecast period.
ü This indicates that the market value, which was USD 577.50 million in 2021, would rocket up to USD 853.23 million by 2029.
ü In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Global Dimethylolpropionic Acid (DMPA) Market-Market Scope and Market Size
The dimethylolpropionic acid (DMPA) market is segmented on the basis of product, application, and end-user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
· Polyurethane dispersion
· Resins
· Powder Coating
Application
· Adhesive
· Glass fiber sizing
· Automotive Topcoat
· Wood Finishing
End User
· Paints and coatings
· Building and Construction
· Automotive Industry
· Textile and Leather
· Industrial
· Furniture and Upholstery
· Others
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Global Dimethylolpropionic Acid (DMPA) Market-Share Analysis, & Forecast 2029.
The dimethylolpropionic acid (DMPA) market is analysed and market size insights and trends are provided by country, product, application, and end-use industry as referenced above.
The countries covered in the dimethylolpropionic acid (DMPA) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the dimethylolpropionic acid (DMPA) market during the forecast period 2022-2029. This is due to the high demand and innovations in the coatings and chemical industries Europe will continue to project the highest annual growth rate for this period due to the rapid evolution of manufacturing centers and high demand from infrastructure development sectors
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Competitive Landscape and Dimethylolpropionic Acid (DMPA) Market Share Analysis
The dimethylolpropionic acid (DMPA) market competitive landscape provides details of a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the dimethylolpropionic acid (DMPA) market.
Some of the major players operating in the dimethylolpropionic acid (DMPA) market are:
· Perstorp (Sweden)
· Henan Tianfu Chemical Co. Ltd. (China)
· Jiangxi Nancheng Hongdu Chemical Technology Development Co., Ltd. (China)
· Geo Specialty Chemicals Inc (U.S.)
· Shenzhen Vtolo Chemicals Co, Ltd, (China)
· Lemman Laboratories International Co.,Ltd (China)
· CD Bioparticles (U.S.), Merck & Co., Inc. (U.S.)
· Yigyooly Enterprise Limited (China)
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