Global Organic Dispersants demand is anticipated to be valued at US$ 5.3 Billion in 2022, forecast to grow at a CAGR of 5.2% to be valued at US$ 8.8 Billion from 2022 to 2032. This market's expansion can be attributed to rising global demand for paints and coatings, pulp and paper, detergents, oil and gas, and other applications.
Report Attribute | Details |
Estimated Base Year Value (2021) | US$ 5 Billion |
Expected Market Value (2022) | US$ 5.3 Billion |
Anticipated Forecast Value (2032) | US$ 8.8 Billion |
Projected Growth Rate (2022-2032) | 5.2% CAGR |
Organic colored pigment content is typically extracted from a plant that has pigment properties. It is a high-coloring-strength class of insoluble organic compounds with properties such as sun-resistance, flood-resistance, acid-resistance, and alkali-resistance, resistance to organic solvents, heat resistance, and excellent dispersion. They are most commonly found in paint, plastics, and rubber. It is used in a variety of applications, including coloring agents for plastics and synthetic fibres, as well as fillers and reinforcing agents in the rubber industry.
Increasing infrastructure activities around the world, increased use of organic pigment in the packaging industry to improve packaging aesthetics, rising demand for products from both existing and emerging end-user industries, rising demand for the product that will improve stability and behavior are some of the major and important factors that will likely accelerate the growth of the organic dispersants market in the projected timeframe. On the other hand, the expansion of various end-use industries, as well as infrastructure modernization, will further contribute by generating enormous opportunities, resulting in the growth of the organic dispersants market in the above-mentioned projected timeframe.
Volatility in raw material prices, as well as a lack of industry innovation in developing economies, will likely act as market restraints for the organic dispersants during the projected timeframe. Imposition of government environmental safety protocols will be the most significant and immediate challenge to the market's growth.
Because of rising demand for infrastructure, energy, and automobiles in India and China, Asia-Pacific dominates the organic dispersants market. The region accounts for nearly 60% of global GDP and has experienced rapid economic growth as a result of rapid industrialization, urbanization, and infrastructure development. Growing construction activity in emerging economies such as China, India, and Indonesia has resulted in increased demand for organic-based paints and coatings. This trend is expected to continue in the coming years, driving product consumption throughout the region.
According to Future Market Insights, Because of the expansion of the real estate sector in the United States and Canada, the North America region is expected to have the highest growth rate. Furthermore, North America accounted for a sizable share, owing to the expanding oilfield services industry, particularly in the United States.
Some of the key participants present in the global Organic Dispersants market include Clariant; Harmony Additive Pvt. Ltd.; BASF SE; Arkema; Ashland.; Evonik Industries AG; The Lubrizol Corporation; The Dow Chemical Company.; Air Products Inc.; ALTANA AG; Cera - Chem Pvt Ltd, among others.
Attributed to the presence of such high number of participants, the market is highly competitive.
Report Attribute | Details |
Growth Rate | CAGR of 5.2% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015-2020 |
Forecast Period | 2022-2032 |
Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
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Customization | Available Upon Request |
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FMI projects the global Organic Dispersants market to expand at a 5.2% value CAGR by 2032.
Asia Pacific is expected to be the most opportunistic Organic Dispersants market.
Clariant; Harmony Additive Pvt. Ltd. and BASF SE are some prominent Organic Dispersants manufacturers
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