Global Dispersant Polymer Market Size 2024, Forecast To 2033
11 Mar, 2024
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.
Global Dispersant Polymer Market Key Driver
Government support is expected to be a key factor driving the expansion of the dispersant polymers market. Growing efforts from governments to bolster the chemicals and polymers industries are influencing the overall growth of the market. In Saudi Arabia, for instance, the Ministry of Industry and Mineral Resources (MIMR) granted 501 industrial licenses in the first half of 2022, focusing on the production of steel, food, polymers, and chemicals. Moreover, the Defense and Security Accelerator (DASA) in the UK sought innovations for rapid diagnosis and treatment of individuals exposed to biological or chemical agents, with a funding availability of $1.19 million. This government support is anticipated to contribute significantly to the expansion of the dispersant polymers market. The market size values for 2023, 2024, and 2028 underscore the expected impact of government initiatives on market growth.
Get A Free Sample Of The Global Dispersant Polymer Market ReportGlobal Dispersant Polymer Market Segments
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
By Geography:The regions covered in the dispersant polymer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Asia-Pacific was the largest region in the dispersant polymer market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dispersant polymer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Dispersant Polymer Industry Players
Dow, Covestro AG, Evonik Industries AG, Berkshire Hathaway (The Lubrizol Corporation), Nippon Shokubai Co. Ltd, Nouryon, Ashland Inc, Sasol, Lanxess, Croda International, EOC Polymers India Private Limited, Weifang Ruiguang Chemical Co Ltd, Shanghai Yunsong Technology Development Co Ltd, Jiangsu Kaiyuan Technology Co Ltd, Tianjin Royal Land Chemical Co Ltd, Solvay, Sumika Polymer Compounds Poland Sp. z o.o, Uniqchem, Toagosei Co, BASF, King Industries Inc, Transcor Industria de Pigmentos e Corantes Ltda, ExxonMobil Quimica Ltda, Abu Dhabi Polymers Company Ltd, KMT Polymers, SNF United Arab Emirates, Ethiopolymers PLC, Eagle Chemicals
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Dispersant Polymer Market Overview
The dispersant polymers are used to improve the dispersion stability of suspended solids in water. The dispersant polymer refers to low-molecular-weight anionic polymers with anionic functional groups. The anionic functional group gives a negative charge, and the hydrocarbon chain of the polymer gives a surface area to a dispersant molecule. A dispersant molecule is a specially crafted polymer that must meet four standards: sufficient negative charge, the ability of the functional group to ionize or deprotonate in water into ions, controlled molecular size or molecular weight, and the right choice of a functional group to provide necessary charge density so that repulsive forces between the molecules can overcome mutual attraction by Vander wall forces.
Dispersant Polymer Global Market Report 2023 provides data on the global dispersant polymer market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The dispersant polymer market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.