Data Bridge Market Research analyses that the dimethylolpropionic acid (DMPA) market is expected to undergo a CAGR of 5.00% during the forecast period. This indicates that the market value, which was USD 577.50 million in 2021, would rocket up to USD 853.23 million by 2029.
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Market Overview:
Dimethylolpropionic acid is a crystalline organic compound which is progressively gaining traction in the market. dimethylolpropionic acid (DMPA) is primarily used in the manufacture of the aqueous anionic polyurethane dispersions and it is also used in the field urethane elastomers, of powder coatings, epoxy ester coatings, adhesives, and so on. The demand of dimethylolpropionic acid for the production of water-soluble resins and improved the stability to it are expected to drive the growth of the market within the forecast period.
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), Jiangxi Selon Industrial Co.,Ltd. (China), Biosynth Carbosynth (Switzerland) among others.
Global Dimethylolpropionic Acid (DMPA) Market Scope
The dimethylolpropionic acid (DMPA) market is segmented on the basis product, application and end-user. The growth amongst these segments will help you analyze meagre 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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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Dimethylolpropionic Acid (DMPA) Market Landscape
Part 04: Global Dimethylolpropionic Acid (DMPA) Market Sizing
Part 05: Global Dimethylolpropionic Acid (DMPA) Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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