Download Sample, Dimethylolpropionic Acid (DMPA) Market Growth Driven by Developments in the Coatings Industry
The market for dimethylolpropionic acid is expected to grow due to the rising production of polyurethane dispersion. This is due to the growth of the polyurethane dispersion market from a wide range of end-use industries, including leather, adhesives & sealants, fiberglass, furniture, etc. Therefore, it is anticipated that over the forecast period, increasing demand for polyurethane dispersions will support market expansion. Market expansion is expected to be fuelled by rising demand for electro-deposition coatings throughout the metal industry.
Dimethylolpropionic acid is commonly used in the manufacture of water-soluble resins. It is primarily utilized to produce high gloss waterborne coatings with excellent toughness and flexibility in aqueous urethane dispersions. The market's growth rate is anticipated to be driven by the increasing demand for the production of this resin. Automotive refinish paint sales in the United States reached US$ 2.1 billion on 37 million gallons in 2020, according to the American Coatings Association, and are anticipated to reach US$ 2.3 million on 40 million gallons in 2021.
Dimethylolpropionic acid is commonly used in the manufacture of water-soluble resins. It is primarily utilized to produce high gloss waterborne coatings with excellent toughness and flexibility in aqueous urethane dispersions. The market's growth rate is anticipated to be driven by the increasing demand for the production of this resin. Automotive refinish paint sales in the United States reached US$ 2.1 billion on 37 million gallons in 2020, according to the American Coatings Association, and are anticipated to reach US$ 2.3 million on 40 million gallons in 2021.
 Market.webp "Dimethylolpropionic Acid (DMPA) Market Report")
Significant Expansion of The Automotive and Textile Industries are Significantly Pushing DMPA Market Growth
In 2021, there has been a noticeable increase in demand for both the textile and automobile industries. The Organisation Internationale des Constructeurs d'Automobiles (OICA) estimates that in 2021, 40,338,536 automobiles, light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and heavy buses would be produced globally, up from 31,223,533 in 2020. India's domestic textile exports increased by 9% in FY 2021, according to the India Brand Equity Foundation (IBEF), despite the Pandemic. Both the automobile and textile industries depend heavily on the dimethylolpropionic acid (DMPA) market.
As a result, it is anticipated that during the forecast period, demand for the dimethylolpropionic acid (DMPA) market will increase. Over the forecast period, increasing investment in the chemical and petrochemical sector is anticipated to drive dimethylolbutanoic acid market growth. Also, it is predicted that increased petrochemical product production and consumption would boost dimethylolbutanoic acid market growth.
As a result, it is anticipated that during the forecast period, demand for the dimethylolpropionic acid (DMPA) market will increase. Over the forecast period, increasing investment in the chemical and petrochemical sector is anticipated to drive dimethylolbutanoic acid market growth. Also, it is predicted that increased petrochemical product production and consumption would boost dimethylolbutanoic acid market growth.
Recent Trends in the Dimethylolpropionic Acid (DMPA) Industry
- Rising adoption in automotive coatings.
- Demand surge for waterborne coatings.
- Growing interest in polyurethane production.
Explore Our Breakthrough Market Segmentation and Personalize it to Meet Your Business Needs…!
Polyurethane Dispersion Segment Growth is Influencing Overall the Dimethylolpropionic Acid (DMPA) Market
The polyurethane dispersion segment, which was followed by the resin segment, dominated the global dimethylolpropionic acid market in terms of application. Dimethylolpropionic acid is used in the production and processing of water-soluble resins and is frequently added to aqueous urethane dispersions to create high gloss, flexible, and durable waterborne coatings. Due to its properties, including strong heat and abrasion resistance, great adhesion, and low toxicity and flammability due to low VOC levels and HAP emissions, waterborne coatings are used in a variety of applications.
The regulations on coatings in the U.S. and Europe are highly strict, yet they allow the widespread use of waterborne coatings since they have a VOC content of less than 3.5 pounds per gallon of water. Furthermore, compared to an equal amount of solvent-borne coatings, relatively small volumes of aqueous coatings may effectively cover vast surface areas. These coatings are typically less expensive than solvent-borne coatings and don't require any additives, thinners, or hardeners. These factors are anticipated to increase the demand for aqueous coatings globally, which will increase the demand for dimethylolpropionic acid.
The regulations on coatings in the U.S. and Europe are highly strict, yet they allow the widespread use of waterborne coatings since they have a VOC content of less than 3.5 pounds per gallon of water. Furthermore, compared to an equal amount of solvent-borne coatings, relatively small volumes of aqueous coatings may effectively cover vast surface areas. These coatings are typically less expensive than solvent-borne coatings and don't require any additives, thinners, or hardeners. These factors are anticipated to increase the demand for aqueous coatings globally, which will increase the demand for dimethylolpropionic acid.
Easy Accessibility of DMPA Substitutes to Hamper the Market Growth at a Moderate Level
On the one hand, the DMPA's specialised uses have raised hopes for the market's future that are extremely positive. To consolidate production and distribution activities, manufacturers are anticipated to face a variety of difficulties in the near future. A significant threat to the expansion of the global DMPA market is the simple availability of various DMPA alternatives, including TME, TMP, and DMBA, at comparatively lower cost. The chemical properties of DMPA and DMBA are comparable. DMBA has two reactive hydroxyl groups and a tertiary carboxylic acid group. Over the forecast period, it is anticipated that the polyurethane dispersion's hazardous substances and environmental effects will limit the usage of dimethylolbutanoic acid.
In January 2022 Perstorp acquired the dimethylolpropionic acid division of GEO's. This acquisition confirms the company's strategic position in polyurethane and alkyds dispersions, which is a vital step on the road to becoming a global leader in specialized waterborne coatings. Moreover, A group of dendrimers, including DMPA-G1-TMP-Azide, DMPA-G1-TMP-Acetylene, DMPA-G1-TMP-NHBOC, and DMPA-G1-TMP-Carboxyl, were released by CD Bioparticles in April 2021 for use in coatings, theranostic adhesives, biosensors, and optics. In April 2021, Perstorp Specialty Chemicals AB increased the price of their Bis-MPA dimethylolpropionic acid product in order to offset cost increases throughout the global supply chains.
Key players are operating in the global dimethylolpropionic acid market are Perstorp, Ltd., Geo Specialty Chemicals Inc., Shenzhen Vtolo Chemicals Co. Ltd, Lemman Laboratories International Co.,Ltd, CD Bioparticles, Merck & Co., Inc., Yigyooly Enterprise Limited, Jiangxi Selon Industrial Co., Ltd., Biosynth Carbosynth, Henan Tianfu Chemical Co. Ltd., Jiangxi Nancheng Hongdu Chemical Technology Development Co..
In January 2022 Perstorp acquired the dimethylolpropionic acid division of GEO's. This acquisition confirms the company's strategic position in polyurethane and alkyds dispersions, which is a vital step on the road to becoming a global leader in specialized waterborne coatings. Moreover, A group of dendrimers, including DMPA-G1-TMP-Azide, DMPA-G1-TMP-Acetylene, DMPA-G1-TMP-NHBOC, and DMPA-G1-TMP-Carboxyl, were released by CD Bioparticles in April 2021 for use in coatings, theranostic adhesives, biosensors, and optics. In April 2021, Perstorp Specialty Chemicals AB increased the price of their Bis-MPA dimethylolpropionic acid product in order to offset cost increases throughout the global supply chains.
Key players are operating in the global dimethylolpropionic acid market are Perstorp, Ltd., Geo Specialty Chemicals Inc., Shenzhen Vtolo Chemicals Co. Ltd, Lemman Laboratories International Co.,Ltd, CD Bioparticles, Merck & Co., Inc., Yigyooly Enterprise Limited, Jiangxi Selon Industrial Co., Ltd., Biosynth Carbosynth, Henan Tianfu Chemical Co. Ltd., Jiangxi Nancheng Hongdu Chemical Technology Development Co..
Searching for a Country or Region Specific Report?
Unlock industry complexities with reports crafted for selected countries and regions at Reduced Cost
Asia Pacific to Dominate Overall Dimethylolpropionic Acid (DMPA) Market
Culturally and historically, Asia Pacific is anticipated to dominate the world market for dimethylolpropionic acid. The region's dimethylolpropionic acid market is expanding primarily due to the expanding usage of waterborne coatings in the construction and automotive sectors, with China and India serving as the main growth engines. In the first half of 2021, private equity investments in Indian real estate reached US$ 2.9 billion, a 2x increase from the first half of 2020, according to a recent report by Colliers India. According to data published by the Indian Brand Equity Foundation, the real estate industry is anticipated to reach US$ 1 trillion by 2030, accounting for 18–20% of India's GDP. This fosters a highly favorable atmosphere for market expansion along with the region's strong economic development.
The report provides a detailed overview of the dimethylolpropionic acid (DMPA) market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for dimethylolpropionic acid (DMPA) market has been offered for all regional market shares, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the dimethylolpropionic acid (DMPA) market. These Y-o-Y projections on regional and country-level markets brighten the political, economic, and business environment outlook, which is anticipated to have a substantial impact on the growth of the dimethylolpropionic acid (DMPA) market. Some key countries and regions included in the dimethylolpropionic acid (DMPA) market report are as follows:
| North America | United States, Canada |
| Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Rest of Latin America |
| Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Switzerland, Belgium, Austria, Sweden, Norway, Denmark, Finland, Ireland, Rest of Europe |
| Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Singapore, Malaysia, Vietnam, Thailand, Rest of Asia Pacific |
| Middle East and Africa | GCC Countries, South Africa, Nigeria, Egypt, Morocco, Algeria, Israel, Iran, Kenya, Turkey, Rest of MEA |
Dimethylolpropionic Acid (DMPA) Market Research Report Covers In-depth Analysis on:
- Dimethylolpropionic acid (DMPA) market detailed segments and segment-wise market breakdown
- Dimethylolpropionic acid (DMPA) market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in dimethylolpropionic acid (DMPA) industry)
- Current, historical, and forthcoming 10 years market valuation in terms of dimethylolpropionic acid (DMPA) market size (US$ Mn), volume (Tons), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Dimethylolpropionic acid (DMPA) market demand analysis
- Dimethylolpropionic acid (DMPA) market pricing analysis over the forecast period (by key segment and by region)
- Dimethylolpropionic acid (DMPA) market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in dimethylolpropionic acid (DMPA) market
- Regulatory landscape by key regions and key countries
- Supply chain and value chain analysis in dimethylolpropionic acid (DMPA) market
- Dimethylolpropionic acid (DMPA) market sales and distribution strategies
- A comprehensive overview of the parent market
- A detailed viewpoint on dimethylolpropionic acid (DMPA) market forecast by countries
- Mergers and acquisitions in dimethylolpropionic acid (DMPA) market
- Essential information to enhance market position
- Robust research methodology
- Frequently Asked Questions -
What are the key factors influencing the growth of the Dimethylolpropionic Acid (DMPA) market?
The growth of the DMPA market is driven by increasing demand for environmentally friendly coatings, the rise in automotive and construction activities, and the development of advanced waterborne polyurethane technologies.
What industries are the largest consumers of Dimethylolpropionic Acid (DMPA)?
The largest consumers of DMPA are the coatings, adhesives, sealants, and elastomers industries, particularly in automotive, construction, and furniture sectors, where high-performance coatings are essential.
How does the global market for Dimethylolpropionic Acid (DMPA) look in the next decade?
The global market for DMPA is expected to see steady growth, driven by increasing demand for eco-friendly and durable coatings in various sectors, with strong expansion in Asia-Pacific and North America.
