Dispersing Agent Market to be Dominated by Paints and Coatings Segment Through 2028
Increasing
demand from paints and coatings industry is contributing to the growth of Global Dispersing Agent
market.
According to TechSci Research
report, “Dispersing Agent Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2018-2028," the Global Dispersing Agent Market is anticipated to grow at an
impressive rate in the forecast period, 2024-2028. Global Dispersing Agent Market
is expected to grow impressively through 2028 due to increasing demand from
paints and coatings industry. A dispersing agent, also known as a
dispersant, is a substance that is used to break down and separate particles in
a liquid medium. Dispersing agents are commonly used in the manufacturing of
paints, inks, coatings, and other products to ensure that the ingredients
remain evenly distributed and do not settle out over time.
In the pharmaceutical
industry, dispersing agents are used in drug formulations to ensure that the
active ingredients are evenly distributed throughout the formulation, resulting
in a more effective drug. In the food industry, dispersing agents are used to
ensure that the ingredients are evenly mixed, resulting in a consistent and
high-quality product.
Increasing industrialization
and urbanization are driving the growth of the dispersing agent market,
particularly in the Asia-Pacific region. The demand for high-quality products
is increasing in emerging economies, such as China and India, due to rising
disposable incomes and improving living standards. The increasing urbanization
in these countries is also driving the demand for infrastructure development,
which is driving the growth of the construction industry.
The global dispersing agent
market is highly competitive, with numerous manufacturers vying for market
share. This intense competition can drive down prices and limit profit margins,
making it challenging for smaller or newer manufacturers to enter the market. Additionally,
established manufacturers can dominate the market, making it difficult for new
entrants to gain traction. New manufacturers must develop innovative products
or focus on niche markets to compete with established players successfully.
The construction industry is
a significant end-user of dispersing agents, particularly in the production of
concrete and mortar. In the last few years, the construction industry has
experienced significant growth globally, particularly in emerging economies such
as China and India. This growth has driven demand for dispersing agents in the
construction industry, leading to increased investment in the production and
development of dispersing agents.
The COVID-19 pandemic has had
a significant impact on the global dispersing agent market over the last year.
The pandemic has led to disruptions in the supply chain and decreased demand
for products due to the shutdown of manufacturing plants and reduced
construction activities. However, the market has shown resilience, with
manufacturers adapting to the changing market conditions by investing in
research and development, developing new products, and focusing on cost
optimization strategies.
Browse over XX market data Figures spread through 110
Pages and an in-depth TOC on " Global Dispersing Agent Market"
Global Dispersing Agent Market
is segmented based on Formation Type, End
User industry, Region and Competitive Landscape.
Based on Formation Type, the market is divided into Water-borne,
Solvent-borne, and Oil-borne. Water-borne segment is expected to hold the
largest market share in the forecast period.
Based on End User Industry,
the market is divided into Paints and Coatings, Oil and Gas, Construction,
Paper and Pulp, Others. The increasing demand for quality products is the primary
reason driving the segment's growth.
Major companies operating in Global
Dispersing Agent Market are:
- BASF SE
- Croda International PLC
- Clariant AG
- Evonik Industries AG
- The Solvay Group
- Ashland Global Specialty Chemicals Inc.
- The Lubrizol Corporation
- King Industries Inc.
- Rudolf GmbH
- ELEMENTS PLC
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“Global Dispersing agent
market is expected to continue its growth trajectory in the coming years,
driven by increasing demand from various end-use industries and technological
advancements. The development of new and improved dispersing agents that offer
better performance and sustainability is expected to further drive the market's
growth. The growing trend towards eco-friendly and sustainable products is also
expected to have a significant impact on the dispersing agent market. Companies
are investing seriously in research and development to advance new products
that are environmentally friendly and meet rigorous regulatory standards."
said Mr. Karan Chechi, Research Director with TechSci research, a research
based global management consulting firm.
“Dispersing
Agent Market- Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2018-2028 Segmented By Formation Type (Water-borne,
Solvent-borne, and Oil-borne), By End User Industry (Paints and Coatings, Oil
and Gas, Construction, Paper and Pulp, Others), By Region and Competition,” has evaluated the future growth
potential of Global Dispersing Agent Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Dispersing Agent Market.
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