Global Dimethylolpropionic Acid (DMPA) (CAS 4767-03-7) Market Research Report 2020

Dimethylolpropionic Acid DMPA CAS 4767 03 7 Market 

The global Dimethylolpropionic Acid (DMPA) (CAS 4767-03-7) market is valued at US$ xx million in 2020 is expected to reach US$ xx million by the end of 2026, growing at a CAGR of xx% during 2021-2026.

Dimethylolpropionic Acid DMPA CAS 4767 03 7 Market Trends

Dimethylolpropionic acid (DMPA) is widely used in the manufacturing of aqueous paints and resins, which is what drives the demand for it. In order to produce polyurethane dispersions, which are necessary for making water-based coatings that are ecologically benign, DMPA is a key ingredient. The market for DMPA is expanding rapidly due to the rising demand for environmentally friendly and sustainable goods across a number of industries, including electronics, construction, and the automobile industry. The introduction of DMPA is also being aided by strict environmental rules that aim to reduce volatile organic compounds (VOCs) in coatings, since it facilitates the formulation of high-performance, low-VOC aqueous coatings.

The growing use of DMPA in the manufacturing of sealants and adhesives is another important factor. Due to its special qualities, which include improving adhesives' flexibility, water resistance, and durability, DMPA is a recommended option for a variety of industrial applications. The need for DMPA is being driven by the growing construction and automotive sectors, which need improved adhesives and sealants for greater performance and lifespan. Furthermore, it is anticipated that the increase in infrastructure construction projects throughout the world would propel the DMPA market's expansion.

Dimethylolpropionic Acid DMPA CAS 4767 03 7 Market Share

Because of the fast industrialization and urbanization of nations like China, India, and South Korea, the Asia-Pacific region is predicted to control the DMPA market on a regional level. The burgeoning electronics sector, growing automobile manufacturing, and rising building activity in these nations are the main causes of the strong demand for DMPA. In addition, the market is expanding because of the region's supportive legislative framework and government campaigns to encourage eco-friendly goods.

By Type

• Standard Grade Dimethylolpropionic Acid
• Low Sodium Dimethylolpropionic Acid
• Fine Dimethylolpropionic Acid

By Application  

• Polyurethane Dispersions
• Resins
• Powder Coatings
• Printing Inks
• Lubricats

By Companies

• GEO Specialty Chemicals
• Perstorp
• FabriChem
• VUP
• Huzhou Changsheng Chemical
• Jiangxi Nancheng Hongdu Chemical Technology
• Lemman Laboratories
• Jiangsu Danyang Hwasun Chemical