Dispersing agents: Key market research findings
- New product developments
- Rise in demand from end-user industries
Technavio has released a new market research report on the global dispersing agents market, which is expected to grow at a CAGR of 6% between 2016 and 2020. The consumption of dispersing agents aka dispersants or plasticizers is a growing trend in the market due to the increase in a number of applications in automotive, construction, paints and coatings, pulp and paper, detergents, oil and gas, other end-user industries. Modernization of infrastructure, the rise of the automotive industry, and the emergence of end-user industries across the globe has accelerated the demand for dispersants. APAC is the largest and the highest growing region in the global dispersing agents market, owing to infrastructure development in several APAC nations such as China, India, Indonesia, Malaysia, and Taiwan.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments
“Of late, the several applications of dispersants include construction, paints and coatings, automotive, oil and gas, and detergents. With the continuous rise in the investments in R&D, newer dispersants with varied applications are expected come up during the forecast period. For instance, the manufacturing process of dispersants requires costly pigments, which plays a significant role in determining the final properties of the coating. The performance requirements in combination with the continuing conversion from conventional solvent-based system to waterborne and high-solid systems will increase the need for the development of new dispersants,” says Chandrakumar Badala Jaganathan, Lead Analyst, Chemicals & Materials, Technavio Research
The dispersants market had a high growth due to the rapid growth in automotive, paints and coatings, oil and gas, and other allied industries. There is a direct correlation between the automotive, construction, paints and coatings, and oil and gas industries as the development of the infrastructure and automotive sector have resulted in the growth of the market for dispersants in the paints & coatings industry. Workability improvement of fluids due to the stable and easier suspension of particles on account of addition of dispersants has led to the increase in consumption of dispersants in different end-user industries.
The key players in the global dispersing agents market are Arkema, Ashland, BASF, Clariant, DOW Chemical Company and Solvay. The market consists of regions small- and medium-sized vendors, as well as prominent chemical manufacturers with established manufacturing facilities. The market is highly fragmented in terms of end-user industries because of their wide scope in many industrial applications. Moreover, it has huge growth potential hence attracts small and big level industry players. Many vendors have been investing in the development of new dispersants to cater to the needs of rising demand for specialized dispersing agents in many applications.
A more detailed analysis is available in the Technavio report, Global Dispersing Agents Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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