Research Nester published a report titled “Organic Dispersants Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global organic dispersants market in terms of market segmentation by product type, application, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global organic dispersants market is predicted to grow at a CAGR of ~5% over the forecast period, i.e., 2022-2031. The market is segmented and analyzed for demand and supply by product type into oligomer and polymer organic dispersants. Of them, the oligomer sub-segment is anticipated to exhibit advancement during the forecast period owing to its growing application in many industries, including, the cosmetics and pharmaceutical industries. The global cosmetics industry earned over USD 370 billion, creating opportunities for the growth of the global organic dispersants market.
The global organic dispersants market is anticipated to grow on the back of growing use of organic dispersants in various end-user industries, such as, construction, oil and gas, and automotive industries. Organic dispersants are eco-friendly substances used for the dispersal of pigments in paints and coatings. The burgeoning global paint and coatings industry, which earned over USD 150 billion revenue, in the year 2020, is predicted to propel the global organic dispersants market growth over the forecast period.
Regionally, the global organic dispersants market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2031 on the back of developing infrastructure, and a greater demand for energy and automobiles. For instance, it is predicted that the construction industry in India will attain a revenue of about USD 1.4 trillion by 2025.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Extensive Use in Automotive Industry to Boost the Market Growth
Dispersants are used in vehicle engines to prevent the buildup of sludge and varnish on cylinder walls, thus keeping them clean. China’s domestic production of vehicles is expected to reach 35 million by the year 2025. The growing automotive industry is forecasted to propel the market growth of organic dispersants.
However, the higher costs of organic dispersants compared to chemical dispersants, and stringent government regulations imposed on their use in some developed countries are expected to operate as key restraints to the growth of the global organic dispersants market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global organic dispersants market which includes company profiling of Clariant Ltd., Harmony Additive Pvt. Ltd., Ferro Corporation, BASF SE, Arkema Technology, Ashland Inc., Evonik Industries AG, The Lubrizol Corporation, Dow Chemical Company, DCL Corporation, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global organic dispersants market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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