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Dispersing agents (dispersants) are the chemical compounds that facilitate separation or disperse suspension solutions and prevent settling or coagulation of the particles present in the solution. Additionally, dispersing agents also lowers the viscosity of the dispersion or paste and facilitates smooth flow & properties of the dispersion. Majority of the dispersing agents are based on polyacrylates, polyethers, polysorbate, etc. Different applications require different formulations, thus various chemicals are used in formulating dispersing agents. Dispersants for water-based systems and solvent-based system are formulated differently for proper functioning & applications.
The dispersing agent market is driven by wide adoption in various end-use industries such as paints & coatings, construction, pharmaceuticals, etc. Dispersing agents are highly important in the dispersion formulations that makes its usage strong in various dispersion formulations. Dispersing agent market is driven by the high adoption of low-foam dispersing agents in paints & coating industry to make the stable formulations while making pigment concentrates. In oil spills, dispersants are used to disperse large oil molecules into small particles that help to protect the marine habitat. These dispersants are sprayed using special boats and planes.
Key Market Driver -
Strong adoption of dispersing agents across various end-use industries dries the market.
Key Market Restraint -
Changing regulatory landscape across the globe to restrain the market growth.
However, the stringent government norms and changing regulatory policies across the world regarding the use of harmful chemicals is restraining dispersing agent market. For instance, the use of dispersing agents in freshwater is prohibited by environmental protection agency (EPA), unless it is authorized by the onsite coordinator.
By surfactant type, the market is segmented into anionic, cationic and non-ionic. Based on end-use industries, the market is segmented into paints, inks & Coating, building & construction, pharmaceuticals, agrochemicals, detergent & consumer goods, paper & pulp, oil & gas and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global dispersing agents market is highly fragmented with a number of global & regional players operating in the market. Some of the prominent players in the global dispersing agents includes Evonik, Lubrizol, BASF SE, Clariant AG, Dow Chemical Company, Arkema Group, RUDOLF Group, Elementis Specialties, Inc., Ashland Inc., Croda International Plc, Troy Corporation, NIPPON PAPER INDUSTRIES CO., LTD., Toray Chemicals, and others.
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The global dispersing agent market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia-Pacific dominates the global dispersing agents market on the back of China. Emerging economies such as India, Indonesia, Thailand, Vietnam, etc. are the fastest-growing markets. The demand in the region is driven by health growth in paints & coatings and pharmaceutical industry. The matured markets in the region such as Japan & South Korea are expected to witness sluggish growth over the forecast period. Dispersing agents market in Europe is driven by the more developed regions of Western Europe such as Germany, France Italy and UK. The slow growth in the construction industry has limited the market growth in these region. However, growth opportunities in the dispersing agents market are expected to be created in the less mature regions of Eastern Europe. North America market is expected to grow moderately over the forecast period on the back of pharmaceutical and paints & coating industry. Latin America is also expected to witness sluggish growth over the forecast period owing to slow growth in the paints & coatings industry. The political & social instability in the region is also expected to slow-down the dispersing agents market growth over the forecast period. The Middle East & Africa region is also expected to witness slow to moderate growth over the forecast due to slow-down in demand for paints & coatings in recent years. Egypt, South Africa, Saudi Arabia and Iran are the prominent paints & coatings market in the region.
By Surfactant Type
By End-Use Industries
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