Dispersants or dispersing agents are kind plasticizers that are used in suspensions in order to improve separation of particles and prevent clumping or settling of the products. Commonly available in both surface active and non surface active polymer substances dispersing agents have varied industrial applications. Rapid growth of these industries is creating strong demand in dispersing agent market. Technological advancements, increasing applications and innovation are the strongest drivers for the global industry of dispersants. Tremendous growth in automotive, construction and such other industries is expected to maintain high demand pattern in the dispersants market. the industry is expected to maintain strong growth in terms of demand, applications, innovation, revenue and global presence.
Scope of Dispersants Market
The global dispersing agent market is segmented on the basis of the end-user industries, geographic demands and applications of these products. End user applications of dispersing agents range across varied industrial verticals including paints and coatings, oil and gas, construction, automotive, pharmaceutical, detergents, agricultural and other significant industries. Based on geographic regions, the market is segmented into five basic regions, which include North America, Latin America, Europe, Asia Pacific and Middle East and Africa. These regions are further segmented based on countries and significant regions.
- Europe: Russia, UK, France, Italy, Germany and rest of the Europe
- Asia Pacific: India, Japan, China and rest of Asia Pacific
- North America: Canada and US
- Latin America: Brazil and rest of Latin America
Forecasting Reports for Dispersants Industry
Increasing applications across different industries like construction, automotive, paints and coating are creating rapid growth in dispersing agent market on global platform. According to the research reports, dispersants market is expected to witness strong growth at a CAGR of over 6% from 2013 to 2018. During the forecasting period, construction segment is expected to dominate the global market. Booming construction and infrastructure industry is the strongest reason for the rise in demand in this industry. At the estimated compound annual growth rate, the market is expected to reach 5,475 KT by 2018. In 2013, the market was estimated to be 3,960 KT.
Company profile of dispersing agent market is a mixture of small and medium businesses as well as chemical giants. This diversity is a potential reason for the healthy competition in the market. Geographically, Asia Pacific is expected to be the fastest growing region in terms of demand, infrastructural growth and end user industrial growth.