Dispersing Agents Market 2018: Research, Share, Competitor Strategy, Industry Trends and Forecast to 2023
Dispersing Agents are used in various end-use industries such as oil & gas, pulp and paper, building and construction, automobile, agriculture, and pharmaceuticals among others. The growing demand from the developing regions is one of the major factors driving the global market of dispersing agents. The growing GDP in the Asia Pacific region has augmented various sectors such as automobiles, building and construction among others which is significantly contributing to the growth of the segment. Moreover, the growing population in the region has surged the demand for energy in turn adding to the demand for Dispersing Agents in the oil and gas industry.
The Global Dispersing Agents Market is segmented into type and end-use industry. By type the market is segmented into suspension, solution, colloid, powder and others. By end-use industry, the Global Dispersing Agent Market is further bifurcated into building & construction, paints & coatings, pulp & Paper, detergent, oil & gas, agriculture industry, pharmaceuticals and others.
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The Global Dispersing Agents Market is spanned across five key regions: Europe, Asia Pacific, North America Latin America, and the Middle East & Africa. Among these, Asia Pacific followed by Europe and North America are the major regions adding to the demand for dispersing agents. The presence of agrarian economies such as India and China has further surged the demand for dispersing agents in the agricultural sector. North America is the third largest region in the market of dispersing agents. The developed end-use industries coupled with the growing adoption of dispersing agents are the major factor contributing to the growth of the market. The major countries in the region responsible for this growth are the U.S. and Canada. Furthermore, the growing construction in the region is further adding to the use of dispersants. Various government initiatives such as New Building Canada Fund and Northeast and Southeast construction projects in the U.S is further expected to boost the market in the region.
The European market of dispersing agents is mainly driven by the developed automobile and construction industries. Moreover, the increasing use of Dispersing Agents in the pharmaceutical industry coupled with their growing demand from the oil & gas sector is anticipated to further propel to the growth of the market during the forecast years.
Some of the prominent players operating in the Global Dispersing Agents Market are BASF SE (Germany), Clariant AG (Switzerland), Cytec Industries Inc. (U.S.), The Dow Chemical Company (U.S.), Air Products & Chemicals Inc (U.S.), Altana AG (Germany), Arkema Group (France), Emerald Performance Materials Llc (U.S.), Meadwestvaco Corporation (U.S.), The Lubrizol Corporation (U.S.), Croda International Plc (U.K), and Gruppo Chimico Dalton Spa (Italy) among others.
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