Dispersing agent materials have high demand from various industries such as construction, automotive, and oil & gas, which is anticipated to drive growth of the global dispersing agent market significantly over the forecast period.
The global dispersing agent market report has been segmented on the basis of end-use industry, and region.
On the basis of end-use industry, the global dispersing agent market has been segmented into construction, paints & coatings, oil & gas, detergents, pulp & paper, and others (agricultural and pharmaceutical end-use industries). The construction segment is estimated to account for major share in the global dispersing agent market in terms of revenue, owing increasing demand from new and innovative infrastructure design in construction industries. Increasing use of dispersing agent in a concrete preparation is also anticipated to fuel the target market growth positively.
On the basis of region, the global dispersing agent market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Market in Asia Pacific is expected to account for major revenue share in the global dispersing agent market, and is estimated to register highest growth in terms of revenue in the next nine years, owing to increasing demand for the product from construction, agriculture, and healthcare industries in this region. Growing demand for paints and coating on account of rapidly growing automotive industries are also projected to boost growth of the target market over next five years. Increasing infrastructural development activities in emerging economies such as India, Brazil, China, and others are expected to offer new opportunities for the major players in the market.
Key players operating in the global market include Air Products & Chemicals Inc., The Dow Chemical Company, Arkema Group, Ashland Inc., BASF SE, Elementis PLC, The Lubrizol Corporation, Clariant AG, Croda International Plc, and Cytec Industries Inc