The Dispersant Polymer by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Dispersant Polymer, The dispersant polymer market size has grown rapidly in recent years. It will grow from $8.51 billion in 2023 to $9.38 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets, an increasing demand for chemical products and an increasing demand for bio-based dispersants.
The dispersant polymer market size is expected to see rapid growth in the next few years. It will grow to $14.41 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to government support, improvement in polymerization techniques, a rise in demand for water-based dispersants and rising urbanization. Major trends in the forecast period include product innovations, technological advancement, mergers and acquisitions, partnerships and collaborations and new plant expansions.
Government support is expected to drive the growth of the dispersant polymers market going forward. Growing government efforts to support the chemicals and polymers industries are affecting the market’s overall expansion. For instance, in September 2022, in Saudi Arabia, the Saudi Ministry of Industry and Mineral Resources (MIMR) published The Monthly Bulletin for Industry and Mining, covering the first half of 2022 and highlighting the most recent advancements in the industrial sector. According to the bulletin, 501 industrial licenses have been granted since the start of 2022, primarily for the production of steel, food, polymers, and chemicals. Further, in July 2022, the Defense and Security Accelerator (DASA), a part of the Ministry of Defense of the UK, was seeking innovations that enable front-line clinicians to diagnose and treat individuals exposed to biological or chemical agents in approximately 1 hour. For these innovations, $1.19 million is available for innovations that rapidly diagnose biological and chemical agents at the front line. Therefore, government support is expected to contribute to the dispersant polymers market expansion.
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The dispersant polymer market covered in this report is segmented –
1) By Type: Acrylic Dispersions, Vinyl Dispersions, Polyurethane Dispersions, SB Dispersions, Other Types
2) By Form: Liquid, Powder, Granule
3) By Technology: Water-Based, Solvent-Based, Solvent-Free
4) By End-Users: Oil And Gas, Paints And Coatings, Agriculture, Pulp And Paper, Detergent Industry, Pharmaceuticals, Other End Users
Major companies in the dispersant polymers market are focused on product innovations and developing new product solutions to strengthen their position in the market. For example, in April 2022, Engineered Polymer Solutions (EPS), a US-based company that designs and manufactures engineered elastomeric, polymeric, and plastic seals and sealing systems, launched EPS 2436, a new self-cross linking acrylic dispersion for use as a binder for high-quality wood coatings. EPS 2436 joins the EPS 2400 series, a line of waterborne acrylic resins that wood coating formulators can use to develop high-performance solutions for industrial applications, cabinetry, furniture, and flooring. This new product offers exceptional transparency when dry and excellent block resistance. Further, in January 2021, Dow, a US-based chemical producer, launched Acusol Prime 1 Polymer, its first-of-its-kind multifunctional, biodegradable dispersant. Acusol Prime 1 Polymer contains over 30% degradable carbon via OECD 302B protocol.
The dispersant polymer market report table of contents includes:
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