Dispersing Agents Market Size
| Study Period | 2019-2029 |
| Market Size (2024) | USD 5.27 Billion |
| Market Size (2029) | USD 6.26 Billion |
| CAGR (2024 - 2029) | > 3.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Dispersing Agents Market Analysis
The Dispersing Agents Market size is estimated at USD 5.27 billion in 2024, and is expected to reach USD 6.26 billion by 2029, growing at a CAGR of greater than 3.5% during the forecast period (2024-2029).
The COVID-19 pandemic severely affected the world. The lockdowns resulted in supply chain disruptions and plant closedowns, which affected the value chain of the dispersing agents. However, lockdowns in regions like Europe and the Americas negatively affected the market for dispersing agents due to low demand from paints, coatings, and construction industries. However, the market registered a significant rise in the growth rate after the restrictions were lifted.
- Increasing demand from the paints and coatings industry and the increasing oil drilling and exploration activities drive the growth of the dispersing agents market.
- On the contrary, the increasing prices of raw materials are hindering market growth.
- The rise in demand from the pharmaceutical industry is expected to create opportunities for the market during the forecast period.
- The Asia-Pacific region is expected to dominate the market due to the rising demand for dispersing agents from the construction and textile end-user industries. It is also expected to register the highest CAGR during the forecast period.
Dispersing Agents Market Trends
Increasing demand from the Paints and Coatings Industry
- Dispersing agents have been used to wet, disperse, and stabilize the solid pigments in the binder solution and to prevent flocculation. These agents are widely used in the paints and coatings industry and are expected to grow rapidly during the forecast period. Paints and coatings are used across industries such as construction, automotive, textiles, industrial, and others.
- The construction sector in the Asia-Pacific region is the largest in the world. It is increasing at a healthy rate, owing to the rising population, increase in middle-class income, and rapid urbanization.鈥� The highest growth for housing is expected to be registered in the Asia-Pacific region, owing to the expanding housing construction markets in China and India.
- The construction sector is one of the significant contributor to China's continued economic development. China is amid a construction mega-boom. According to the National Bureau of Statistics of China, the value of construction output accounted for CNY 31.2 trillion (USD 4.5 trillion) in 2022, up from CNY 29.3 trillion (USD 4.2 trillion) in 2021.
- Moreover, as per the forecast given by the Ministry of Housing and Urban-Rural Development, China's construction sector is expected to maintain a 6% share of the country's GDP into 2025. The growth in the construction industry is expected to drive the market for paints and coatings.
- Similarly, the increasing production of automotive vehicles is driving the market for automotive paints and coatings. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), global automotive vehicle production grew by 6% and reached 85 million in 2022, compared to 80.2 million manufactured in 2021. China, the United States, and India are the most prominent automotive vehicle markets globally.
- China is the world's biggest automobile market in terms of production and sales. According to OICA, vehicle production in China reached a total of 27.02 million units in 2022, which is an increase of 3% over 2021 for the same period.
- Thus, the growth in the construction and automotive industries is expected to drive the market for paints and coatings, thereby driving the market for dispersing agents.
Asia-Pacific Region to Dominate the Market
- The Asia-Pacific region is likely to dominate the market due to increased presence and development in various end-user industries in countries like India, China, and ASEAN Countries.
- Dispersing agents are widely used in the paints and coatings industry. The increase in demand for paints and coatings in the building and construction is expected to drive the market. In the construction industry, dispersing agents are used in various concrete mixtures, such as ready-mixed concrete, underwater concrete, and self-compacting concrete.
- China is among the largest construction market in the world, encompassing 20% of all construction investments globally. China is expected to spend nearly USD 13 trillion on buildings by 2030, creating a positive market outlook for dispersing agents.
- The Indian government has been actively boosting housing construction to provide houses to about 1.3 billion people. The country is likely to witness around USD 1.3 trillion of investment in housing over the next seven years, including the construction of 60 million new houses in the country. The availability of affordable housing in the country is expected to increase by around 70% by 2024.
- Dispersing agents are used in dying textiles made of cotton, cellulosic fiber, and synthetic fiber. It helps the dispersion of dyestuff in the bath properly and thus provides uniform color for the fabric. The rapid growth of the textile market in countries like India and China has been driving the market studied.
- India鈥檚 textile and apparel exports (including handicrafts) stood at USD 44.4 billion in 2022, a 41% increase compared to the previous year. Moreover, according to IBEF, the Indian textile and apparel industry is expected to register around 10% CAGR from 2019-20 to 2025-26 reaching USD 190 billion by 2025-26.
- The factors above and government support have contributed to the increasing demand for dispersing agents in the Asia-Pacific region during the forecast period.
Dispersing Agents Industry Overview
The dispersing agents market is highly fragmented in nature. Some of the major players (not in any particular order) in the market include Arkema Group, BASF SE, Evonik Industries AG, Clariant, and Solvay, among others.
Dispersing Agents Market Leaders
-
Arkema Group
-
BASF SE
-
Clariant
-
Evonik Industries AG
-
Solvay
*Disclaimer: Major Players sorted in no particular order
Dispersing Agents Market News
- July 2022: Evonik Industries AG launched its new sustainable dispersing additive, TEGO Dispers 658. The dispersing agent was readily biodegradable and improved the sustainability of pigment and colored coatings production while at the same time offering formulators a similar high-performance profile.
- June 2022: CLARIANT, a leading global provider of specialty chemicals, launched its first universal polymeric dispersing agent for high-quality pigment preparations that incorporate organic and inorganic pigments and could be used for all water-based paint systems.
Dispersing Agents Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand from the Paints and Coatings Industry
4.1.2 The Increasing Oil Drilling and Exploration Activities
4.1.3 Other Drivers
4.2 Restraints
4.2.1 The Increasing Prices of Raw materials
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Value)
5.1 Formation Type
5.1.1 Waterborne
5.1.2 Oil-borne
5.1.3 Solvent-borne
5.2 End-user Industry
5.2.1 Paints and Coatings
5.2.2 Oil and Gas
5.2.3 Construction
5.2.4 Pulp and Paper
5.2.5 Textile
5.2.6 Other End-user Industries (Pharmaceutical, Agriculture and Detergent Industry)
5.3 By Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Indonesia
5.3.1.6 Malaysia
5.3.1.7 Thailand
5.3.1.8 Vietnam
5.3.1.9 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Spain
5.3.3.6 Russia
5.3.3.7 NORDIC Countries
5.3.3.8 Turkey
5.3.3.9 Rest of Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Colombia
5.3.4.4 Rest of South America
5.3.5 Middle East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Qatar
5.3.5.4 UAE
5.3.5.5 Egypt
5.3.5.6 Nigeria
5.3.5.7 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)**/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Ashland
6.4.2 Arkema Group
6.4.3 ATLANTA
6.4.4 BASF SE
6.4.5 CLARIANT
6.4.6 Croda International Plc
6.4.7 ELEMENTS PLC
6.4.8 Evonik Industries AG
6.4.9 Kemipex
6.4.10 King Industries, Inc.
6.4.11 NICCA CHEMICAL CO.,LTD.
6.4.12 Rudolf GmbH
6.4.13 Shubh Industries
6.4.14 Solvay
6.4.15 The Lubrizol Corporation
6.4.16 UNIQCHEM
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 The Rise in Demand from Pharmaceutical Industry
7.2 Other Opportunities
Dispersing Agents Industry Segmentation
A dispersing agent is a surface active substance that is added to a suspension of solid or liquid particles in a liquid to improve the separation of the particles and to prevent their settling or clumping.
The dispersing agents market is segmented into formation type, end-user industry, and geography. By formation type, the market is segmented into water-borne, solvent-borne, and oil-borne. By end-user industry, the market is segmented into paints and coatings, oil and gas, construction, paper and pulp, textile, and other end-user industries (pharmaceutical, agriculture, and detergent industry). The report also covers the market size and forecasts for the dispersing agents market in 27 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of value (USD).
| Formation Type | |
| Waterborne | |
| Oil-borne | |
| Solvent-borne |
| End-user Industry | |
| Paints and Coatings | |
| Oil and Gas | |
| Construction | |
| Pulp and Paper | |
| Textile | |
| Other End-user Industries (Pharmaceutical, Agriculture and Detergent Industry) |
| By Geography | |||||||||||
| |||||||||||
| |||||||||||
| |||||||||||
| |||||||||||
|
Dispersing Agents Market Research FAQs
How big is the Dispersing Agents Market?
The Dispersing Agents Market size is expected to reach USD 5.27 billion in 2024 and grow at a CAGR of greater than 3.5% to reach USD 6.26 billion by 2029.
What is the current Dispersing Agents Market size?
In 2024, the Dispersing Agents Market size is expected to reach USD 5.27 billion.
Who are the key players in Dispersing Agents Market?
Arkema Group, BASF SE, Clariant, Evonik Industries AG and Solvay are the major companies operating in the Dispersing Agents Market.
Which is the fastest growing region in Dispersing Agents Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Dispersing Agents Market?
In 2024, the Asia Pacific accounts for the largest market share in Dispersing Agents Market.
What years does this Dispersing Agents Market cover, and what was the market size in 2023?
In 2023, the Dispersing Agents Market size was estimated at USD 5.09 billion. The report covers the Dispersing Agents Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Dispersing Agents Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Dispersing Agents Industry Report
Statistics for the 2024 Dispersing Agents market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Dispersing Agents analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
