Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 7.65 Billion | USD 12.28 Billion | 5.4% | 2023 |
According to a report from Zion Market Research, the global Dispersant/Dispersing Agent Market was valued at USD 7.65 Billion in 2023 and is projected to hit USD 12.28 Billion by 2032, with a compound annual growth rate (CAGR) of 5.4% during the forecast period 2024-2032.
This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Dispersant/Dispersing Agent industry over the next decade.
Dispersant/dispersing agents are mixed as additives in order to form a uniform mixture and prevent from setting and clumping. These additives are formed by using various chemicals such as polycarboxylate, lignosulfonates, naphthalene sulfonate, and so on. It completely depends on usage in different industries. Dispersant/dispersing agents are extensively used in the applications such as paints & coatings, oil & gas, construction, pharmaceuticals, pulp & paper, agricultural, detergents, and others.
These agents are widely preferred in the construction industries owing to growth in infrastructure and development activities. End-user industries, raw material suppliers, and dispersing agent manufacturers are involved in the value chain of the dispersing agent market.
The major growth factor of the global dispersant/dispersing agent market is increasing demand for leisure construction activities, end-user industries, and modernization of infrastructure. In addition, exponential growth in the population and urbanization is expected to boost the global dispersant/dispersing agent market. Use of dispersant/dispersing agents in concrete preparation influences the global market positively.
Moreover, rising disposal income of the middle class positively impacts global market growth in future. Accelerating demand from oil & gas industries and increasing environmental concern among people may fuel the global dispersant/dispersing agent market growth.
Based on applications, the global dispersant/dispersing agent market is bifurcated as pharmaceutical, paints & coatings, detergents, agricultural, construction, oil & gas, pulp & paper, and others.
Report Attributes | Report Details |
---|---|
Report Name | Dispersant/Dispersing Agent Market |
Market Size in 2023 | USD 7.65 Billion |
Market Forecast in 2032 | USD 12.28 Billion |
Growth Rate | CAGR of 5.4% |
Number of Pages | 110 |
Key Companies Covered | Arkema Group, BASF SE, Clariant AG, the Dow Chemical Company, Ashland Inc., Cytec Industries Inc., and others |
Segments Covered | By Applications And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific is the dominating region in the dispersant/dispersing agent market owing to growth in the construction and infrastructure activities. Europe is the second largest market for dispersant/dispersing agent market growing at a faster rate. It will continue its growth in North America in the near future. However, Latin America and Africa are following the same trend owing to growth in urbanization and population explosion. The emergence of new economies such as Mexico, India, and Brazil is anticipated to foster the global dispersant/dispersing agent market growth. Asia-Pacific accounted for the largest market share in terms of revenue and is projected to propel the global market. Considerable growth in the infrastructural activates in South Korea, India, and China along with technological advancements enhances the global dispersant/dispersing agent market in future.
Major companies in the global dispersant/dispersing agent market are
By Application
Dispersant/Dispersing Agent market: Regional Segment Analysis
FrequentlyAsked Questions
A chemical additive known as a dispersant or dispersing agent is employed to enhance the dispersion of solid particles or molecules in a liquid medium. It ensures a homogenous and stable mixture by preventing the particles from clumping together or settling out. Paints and coatings, pharmaceuticals, food processing, and agriculture are among the numerous industries that frequently employ dispersants.
The demand for dispersants is being driven by their increasing use in a variety of industries, including pharmaceuticals, food processing, agriculture, and paints and coatings. In order to enhance the efficacy and stability of these products, they necessitate effective dispersants.
According to a report from Zion Market Research, the global Dispersant/Dispersing Agent Market was valued at USD 7.65 Billion in 2023 and is projected to hit USD 12.28 Billion by 2032.
According to a report from Zion Market Research, the global Dispersant/Dispersing Agent Market a compound annual growth rate (CAGR) of 5.4% during the forecast period 2024-2032.
Asia Pacific is the dominating region in the dispersant/dispersing agent market owing to growth in the construction and infrastructure activities. Europe is the second largest market for dispersant/dispersing agent market growing at a faster rate. It will continue its growth in North America in the near future.
Major companies in the global dispersant/dispersing agent market are Arkema Group, BASF SE, Clariant AG, the Dow Chemical Company, Ashland Inc., Cytec Industries Inc., and others.
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