(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Nov. 15, 2024 (GLOBE NEWSWIRE) -- The "North America Dispersing Agents Market, By Country, Competition, Forecast & Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com's offering.
North America Dispersing Agents Market was valued at USD 2.23 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 5.27% through 2029 North America dispersing agents market is a dynamic and vital sector within the broader specialty chemicals industry. Dispersing agents play a crucial role in various applications, including paints and coatings, pharmaceuticals, agriculture, and more.
The dispersing agents market is witnessing a surge in demand, driven largely by the growing need for high-performance coatings. In particular, the architectural coatings sector is experiencing a rise in waterborne formulations. Manufacturers are focusing on developing dispersing agents that not only enhance performance but also adhere to environmental regulations by minimizing volatile organic compound (VOC) content.
Continued advancements in technology offer opportunities for the development of innovative dispersing agents with enhanced performance characteristics. Nanotechnology, for instance, holds promise for creating dispersing agents with precise particle control and improved stability.
Key Market Trends
Growing Emphasis on Sustainability
Stringent environmental regulations are compelling industries to adopt eco-friendly formulations. Dispersing agents, with their crucial role in coatings, pharmaceuticals, and agriculture, are witnessing a heightened demand for formulations with reduced environmental impact and lower Volatile Organic Compounds (VOCs).
End-users are becoming more environmentally conscious, influencing their purchasing decisions. The demand for products manufactured with sustainability in mind is driving industries to seek dispersing agents that contribute to the creation of eco-friendly and socially responsible end-products. The field of green chemistry is experiencing a renaissance, and dispersing agents are no exception. Manufacturers are investing in research and development to create bio-based dispersing agents, aligning with the principles of green chemistry and reducing dependency on traditional, potentially harmful raw materials.
Companies are integrating sustainability into their core values, recognizing that sustainable practices are not just an ethical choice but a strategic imperative. The adoption of dispersing agents with lower environmental impact becomes a key component of broader corporate sustainability initiatives.
Rising Demand for Waterborne Coatings
The escalating awareness of environmental issues has prompted industries to seek coatings that minimize their ecological impact. Waterborne coatings, characterized by lower Volatile Organic Compounds (VOCs) and reduced environmental footprint, align seamlessly with sustainability goals. Ongoing technological advancements have enhanced the performance and versatility of waterborne coatings. These coatings now offer comparable or superior characteristics to their solvent-based counterparts, further fueling their adoption across diverse applications.
The shift towards waterborne coatings necessitates innovation in dispersing agent formulations. Manufacturers are investing in research and development to create agents that not only facilitate effective dispersion but also maintain the stability and performance of water-based coatings. End-users are increasingly opting for waterborne coatings due to their perceived environmental benefits, safety considerations, and compliance with stringent regulations. This shift in end-user preference directly drives the demand for dispersing agents designed to optimize the performance of waterborne formulations.
Technological Advancements
Technological advancements enable precise control over particle sizes in dispersing agents. This precision is crucial in applications such as coatings, where uniform dispersion is paramount for achieving desired properties like color, texture, and performance. The integration of nano-dispersion technologies is a notable trend. Nano-sized particles provide enhanced stability and dispersibility, allowing dispersing agents to be more effective in various applications, from pharmaceutical formulations to advanced coatings.
Innovations in stabilizing agents and formulation technologies contribute to the development of dispersing agents with improved stability. These advancements extend shelf life, ensuring the efficacy of dispersing agents over extended periods. Technological breakthroughs facilitate the creation of dispersing agents with versatile applications. Agents that can perform effectively across multiple industries and diverse formulations cater to the evolving needs of end-users.
Advanced dispersing agents enhance the efficiency of formulations. Industries benefit from agents that allow for optimal dispersion, stability, and compatibility, resulting in high-performance end-products. The high-tech industries, such as electronics and advanced materials, are witnessing a surge in demand for dispersing agents that leverage the latest technological advancements. These agents play a crucial role in the production of cutting-edge materials and electronic components.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 134 |
| Forecast Period | 2023 - 2029 |
| Estimated Market Value (USD) in 2023 | $2.23 Billion |
| Forecasted Market Value (USD) by 2029 | $3.01 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | North America |
Report Scope:
Company Profiles: Detailed analysis of the major companies present in the North America Dispersing Agents Market
Ashland Inc. ATLANTA AG BASF SE Clariant AG Croda International Plc Elementis PLC Evonik Industries AG Kemipex King Industries, Inc. NICCA CHEMICAL CO.,LTD
North America Dispersing Agents Market, By Formation Type:
Water Borne Oil Borne Solvent Borne
North America Dispersing Agents Market, By End User Industry:
Paints and Coatings Adhesives and Sealants Personal Care & Cosmetics Pulp and Paper Textiles Others
North America Dispersing Agents Market, By Country:
United States Mexico Canada
For more information about this report visit
About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
North American Dispersing Agents Market
CONTACT:
CONTACT:
Laura Wood,Senior Press Manager
...
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
MENAFN15112024004107003653ID1108889795
Comments
No comment