Dispersing Agents Market Size, Share And Growth Analysis For 2024-2033
Global Dispersing Agents Market Size, Trends, And Forecast 2024-2033
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LONDON , GREATER LONDON , UNITED KINGDOM, September 30, 2024 /EINPresswire.com/ —
The dispersing agents market has experienced robust growth in recent years, expanding from $6.77 billion in 2023 to $7.31 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to growing industrialization, rising demand in end-use industries, environmental regulations, focus on research and development, increasing population and urbanization.
What Is TheEstimated Market Size Of The Global Dispersing Agents Market And Its Annual Growth Rate?
The dispersing agents market is projected to continue its strong growth, reaching $9.74 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to digitalization of manufacturing processes, increased R&D investments, increased demand for high-performance products, focus on cost-effective solutions, emerging markets and industries.
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Growth Driver OfThe Dispersing Agents Market
Increasing oil drilling and exploration activities are expected to drive the dispersing agent market. Oil drilling refers to boring a hole using a drill bit to produce oil and natural gas. Exploration activities refer to the procedures and techniques used to identify potential locations for drilling and extracting oil and gas. Dispersing agents such as an oil dispersant are a mixture of emulsifiers and solvents that are used to break oil into small droplets following an oil spill and destroy oil slicks on the water surface and stop the prevalent winds from moving them to reduce greenhouse gas emissions and achieve other goals.
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Which Market Players Are Driving TheDispersing Agents Market Growth?
Key players in the market include BASF SE, Clariant AG, Altana AG, Arkema Group, Ashland Inc., Croda International PLC., Emerald Performance Materials, Solvay SA, Elementis PLC., Evonik Industries AG, Gruppo Chimico Dalton SpA, King Industries Inc., Cera-Chem Pvt. Ltd., CHRYSO SAS, Rudolf GmbH, Dow Inc., Akzo Nobel N.V., Lonza Group AG, Huntsman Corporation, DIC Corporation, Wacker Chemie AG, Kao Corporation, Buckman Laboratories International Inc., Milliken & Company, Michelman Inc., PCC SE, Harmony Additive Pvt. Ltd., Safic-Alcan Group, Shamrock Technologies Inc., Pulcra Chemicals.
What Are TheEmerging Trends Shaping The Dispersing Agents Market Size?
Major companies operating in the dispersing agents market are adopting a strategic partnership approach, aiming to collaborate on the development and production of revolutionary products with a strong contribution to sustainability. Strategic partnerships refer to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success.
How Is TheGlobal Dispersing AgentsMarket Segmented?
1) By Product Type: Suspension, Solution, Colloid, Powder, Other Product Type
2) By Formation Type: Waterborne, Oil-Borne, Solvent-Borne
3) By End-User Industry: Paints And Coatings, Oil And Gas, Construction, Pulp And Paper, Textile, Other End-User Industries
Geographical Insights: Asia-PacificLeading TheDispersing AgentsMarket
Asia-Pacific was the largest region in the market in 2023. The regions covered in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Dispersing Agents Market Definition
The dispersing agents refer to chemicals containing surfactants and solvent components that break petroleum oil into tiny droplets. These compounds make colors with extremely low solubilities that dissolve steadily in water.
Dispersing Agents Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global dispersing agentsmarket report covering trends, opportunities, strategies, and more
The Dispersing Agents Global Market Report 2024by The Business Research Company is the most comprehensive report that provides insights on dispersing agents market size, dispersing agents market driversand trendsand dispersing agentsmarket growth across geographies. Thisreport helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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