Key players in the Europe Dispersants Market are Air Products and Chemicals, Inc, Arkema S.A., Ashland Inc, BASF SE, Chryso S.A.S., Clariant Chemicals, Croda International Plc, Cytec Industries Inc., Elementis plc & others.
(PRWEB) August 02, 2014
Dispersing agents are used as additives to provide a uniform mixture of particles and to prevent clumping and settling. It is produced using different types of chemicals such as lignosulfonates, polycarboxylate, and so on, depending on its usage in different industries. The production of dispersing agents is a growing trend in the market due to the increasing applications in construction, paints & coatings, pulp & paper, detergents, oil & gas, agricultural, pharmaceuticals, and other end-user industries.
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The European region’s macroeconomic instability makes short-term forecasts more challenging. Despite the economic downturns in the region, the European chemical industry is still in a strong position, posting sales of $770.7 billion in 2010, which was one-fourth of the global sales in terms of value. Although the effect of recession is visible, the demand for innovative products would hold its ground in this region. Until then, Europe continues to be the second biggest market for dispersing agents.
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The overall consumption of dispersing agents in Europe was 1,070 KT in 2012, increasing to 1,104 KT in 2013, and is projected to reach 1,449 KT in 2018. Paints & coatings will be the rapidly growing industry, due to the increasing demand for dispersing agents, from both existing and emerging applications in the industry.
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Americas Dispersants Market
North America is a diversified market for chemicals due to the presence of numerous high profile companies in the region. Globally, this market has been one of the leaders with respect to demand as well as product innovation, in terms of quality and application development. The key country in the North American market is the U.S. However, due to increased regulations with several associations, the North American market is expected to play a key role in the manufacturing and commercialization of dispersing agents. In terms of volume, dispersing agents used in the construction industry captured a major market share that accounted for 75.05% of this market in 2012. In terms of volume, dispersing agents are estimated to grow to reach 1,050 KT by 2018, from 790 KT in 2013.
Asia-Pacific Dispersants Market
Asia-Pacific continues to drive the economic recovery. However, it is not immune to the seemingly deepening Eurozone despairs and the monotonous recovery of the U.S. economy. Asia-Pacific’s growing demand for energy and basic materials would propel the region to increase the production of chemicals, paper, paints, concrete, pharmaceuticals, and so on. With increasing infrastructure expenditure, the dispersing agents market in Asia-Pacific is bound to grow significantly, and will outpace other regions. In terms of volume, dispersing agents used in the construction industry captured major share, accounting for 79.67% of this market in 2012. The overall dispersing agents market in this industry is estimated to reach $2,024 million by 2018, from $1,292 million in 2013.
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