Research Reports
Dimethylolpropionic Acid Market To Surpass US$ 530 Million By 2027
Published by Coherent Market Insights
Posted on September 17, 2021
3 min readLast updated: February 5, 2026
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Published by Coherent Market Insights
Posted on September 17, 2021
3 min readLast updated: February 5, 2026
The dimethylolpropionic acid market is set to surpass $530 million by 2027, driven by demand in polyurethane dispersions and powder coatings, with significant growth opportunities in the automobile industry.
Dimethylolpropionic acid is a free-flowing crystalline that is beneficial for the manufacturing and processing of water-soluble resins. It is widely used in the aqueous urethane dispersions for proving high gloss waterborne coatings with excellent flexibility and toughness. It is also used in the powder coatings as a modifier in epoxy polyester for enhancing gloss, flow property, and impact resistance. Furthermore, it is also used in urethane elastomers for improving adhesion to glass, steel, and plastic.
The global dimethylolpropionic acid market is projected to surpass US$ 530.0 million by the end of 2027, in terms of revenue, growing at CAGR of 8.0% during the forecast period (2020 to 2027).
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Drivers
The growing production of polyurethane dispersion is expected to drive the market growth of dimethylolpropionic acid. This is attributed to the rising demand for polyurethane dispersion from various end-use applications such as leather, adhesives &sealants, fiberglass, furniture, etc. Thus rising demand for polyurethane dispersions is projected to favor the market growth over the forecast period.
Rising demand for electro-deposition coatings across the metal industry is projected to stimulate market growth. Electro-deposition is low-cost coatings that offer high performance and improve functional properties of the materials. It is widely used in appliances such as HVAC system. Thus growing demand for electro-deposition coatings across the various end-use application is expected to augment the market growth of dimethylolbutanoic acid over the forecast period.
Market Opportunities
The growing demand for powder coating from the automobile industry is expected to offer potential growth opportunity to the market of the dimethylolbutanoic acid. The automobile industry is emerging as the fastest-growing application of powder coating for enhancing the gloss and impact resistance on the component of the automobile. This is expected to accelerate market growth of dimethylolbutanoic acid over the forecast period.
Competitive Section
Key players are operating in the global dimethylolpropionic acid market are Geo Specialty Chemicals, Inc., Perstorp Specialty Chemicals AB, Henan Tianfu Chemical Co. Ltd., Jiangxi Nancheng Hongdu Chemical Technology Development Co., Ltd., and Shenzhen Vtolo Chemicals Co., Ltd.
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The post Dimethylolpropionic Acid Market To Surpass US$ 530 Million By 2027 appeared first on Gatorledger.
The article discusses the projected growth of the dimethylolpropionic acid market, expected to surpass $530 million by 2027.
Market growth is driven by increased demand for polyurethane dispersions and electro-deposition coatings.
Key players include Geo Specialty Chemicals, Perstorp Specialty Chemicals, and others.
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