Market Overview:
Dispersing agents are non-surface-active polymers that prevent the coagulation and help the application of materials, maintaining uniformity in mixtures, which makes them ideal for the use as additives in paints, medicines, and gasoline. Dispersing agents invariably enjoy an augmenting demand from the burgeoning end-use industries such as building & construction, oil & gas, pulp & paper, paints & coatings, detergent, agriculture, and pharmaceutical among others.
Resultantly, the market for dispersing agents enjoy increasing traction, worldwide. The growth in the end-user industries is a key driving force behind the growth of the market. Moreover, the widening application area of dispersing agents as additives such as in gypsum and concrete are escalating the market, globally.
Acknowledging the enormous growth, the market is garnering currently, Market Research Future (MRFR) in its recently published study report asserts that the global dispersing agents market would witness significant growth by 2023, registering an impressive CAGR throughout the estimated period (2017 – 2023).
Additional factors that are bolstering the growth of the market include the increasing number of manufacturing units and industries, especially in the developing regions and the growing development in the end-user industries.
Major Players:
Clariant AG (Switzerland), BASF SE (Germany), Cytec Industries Inc (US), Air Products & Chemicals Inc (US), The Dow Chemical Company (US), Altana AG (Germany), Emerald Performance Materials LLC (US), Arkema Group (France), Meadwestvaco Corporation (US), Croda International Plc (UK), The Lubrizol Corporation (US), and Gruppo Chimico Dalton Spa (Italy)
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Industry/ Innovation /Related News:
May 16, 2019 —- Arkema Group (France), a leading global chemical maker announced its plans to acquire ArrMaz (the US), a global leader in specialty chemicals for industries worldwide for USD 570 MN. ArrMaz is a private equity-backed additive manufacturer involved in the development of specialty surfactants that are used in cleaning, wetting, dispersing and emulsifying, and as anti-foaming agents.
Proskauer Rose, Kirkland & Ellis guided the deal, and Nob Hill Law Group that will build out the Arkema’s offerings for crop nutrition, mining, and infrastructure. Arkema it will integrate ArrMaz with the performance additives segment of its high-performance materials division.
ArrMaz operates nine plants in North America, South America, Asia, the Middle East, and Africa that is supported by 400 employees, according to Arkema. The transaction would close this summer subject to customary closing conditions.
Paints & coating industries predominantly drive the growth of the market due to the massive demand from the automotive sector witnessing the increasing production of automobiles worldwide. Whereas, building & construction sector accounts for a larger contribution which is expected to grow further during the assessed period.
On the other hand, the volatility in the cost and demand and supply gap of raw materials required for the production are major factors impeding the growth of the market. Also, the lack of funding for the research and development activities in the industry is restricting the growth of the market.
Dispersing Agents Market Segmentation :
By Type : Suspension, Solution, Colloid, and Powder among others.
By End-use Industry : Building & Construction, Oil & Gas, Paints & Coatings, Detergent, Pulp & Paper, Agriculture, and Pharmaceutical among others.
By Regions : Asia Pacific, North America, Europe, and the Rest-of-the-World.
Dispersing Agents Market Regional Analysis:
The Asia Pacific region, heading with the repaid industrialization and urbanization accounts for the largest market for dispersing agents, globally. The region would register a phenomenal CAGR over the review period owing to the augmenting demand from the various sectors such as oil & gas, agriculture, and pharmaceutical. Japan, China, and India are the key consumers of dispersing agents in this region.
Moreover, the presence of largely populated countries such as India and China are contributing to the market growth, augmenting the demand in the building & construction and automotive sector. Furthermore, the ample availability of low-cost raw material alongside the cost-competitive labor force and moderately regulatory framework are some other prominent factors driving the growth of the regional market.
The dispersing agents market in the European region accounts for the second-largest market, globally. Factors such as the presence of major manufacturers, such as BASF SE, Clariant AG, and Arkema Group among others, are impacting the growth of the regional market, positively.
Moreover, factors such as the growing production and sale of automobiles and the increasing investment in the construction sector are providing a major impetus to the growth of the market in the region. Germany, France, Italy, and the UK account for the major contributors to the market growth in the region.
The North America dispersing agents market is emerging as a promising market globally. Well-established developed end-user industries such as transportation, building & construction, and paint & coatings among others are driving the dispersing agents market in the region. Furthermore, the Shale gas revolution in the region has surged the oil and gas activities, especially in the US is further adding to the demand for dispersing agents.
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Dispersing Agents Market Competitive Analysis:
Highly competitive, the dispersing agents market appears to be fragmented due to the presence of many large and small-scale players. To churn the competition and thus to maintain their positions in the market, these players incorporate strategic initiatives acquisition, collaboration, partnership, expansion, and technology launch.
Manufacturers of strive to deliver the best quality, consistent pure, and reliable, high-quality products based on innovative technologies. They develop a proprietary portfolio of discrete best quality products available in packages ranging from small bottles to drums. They also aim to develop the ability to customize the packaging with the requested specifications such as bulk packaging and individual requirements.
LIST OF TABLES
Table 1 World Population By Major Regions (2017 To 2030)
Table 2 Global Dispersing Agents Market: By Region, 2017-2023
Table 3 North America Dispersing Agents Market: By Country, 2017-2023
Table 4 Europe Dispersing Agents Market: By Country, 2017-2023
Table 5 Asia Pacific Dispersing Agents Market: By Country, 2017-2023
Continued…
LIST OF FIGURES
FIGURE 1 Global Dispersing Agents Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Dispersing Agents Market
FIGURE 4 Value Chain Of Global Dispersing Agents Market
FIGURE 5 Share Of Global Dispersing Agents Market In 2017, By Country (In %)
Continued…
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