Key Trimer Acid Market Players:
- Croda International Plc
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Kraton Corporation
- Arizona Chemical (Kraton)
- WestRock Company
- Emerald Performance Materials
- Ingevity Corporation
- Oleon NV (Avril Group)
- Harima Chemicals Group, Inc.
- KLK OLEO (Kuala Lumpur Kepong)
- Emery Oleochemicals
- Aditya Birla Chemicals
- BASF SE
- Akzo Nobel N.V.
- Resinate Materials Group
- Dura Chemicals, Inc.
The global trimer acid market is moderately consolidated and has a few important players of note, like Croda International, Kraton Corporation, and Arizona Chemical. Overall, companies are diversifying into bio-based and sustainable products to comply with stricter environmental, health, and safety regulations and greater green chemistry trends. Within the industry, companies are undertaking strategic initiatives such as mergers and acquisitions, Kraton Corporation completed the acquisition of Arizona Chemical, Inc. in 2016, capacity expansions, research and development investments to commercialize high-purity specialty trimer acids in adhesives, coatings, and polymer industries. Global players within Asia the companies from Malaysia and South Korea specifically, are leveraging efficient production to be competitive in many export markets. Conversely, the focus has been on incorporating biopolymer strategies also at the European players' level for greater presence in the sector.
Some of the key players operating in the trimer acid market are listed below: