Global Reactive Diluents Market, By Diluents Type (Aliphatic, Aromatic, Cycloaliphatic), Application (Paints & Coatings, Composites, Adhesives, Others (Potting And Encapsulation Of Electronics Components, Tooling, And Castings)), Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa).- Industry Trends and Forecast to 2025.
Market Analysis: Global Reactive Diluents Market
The Global Reactive Diluents Market is expected to reach USD 1247.2 million by 2025, from USD 818.9 million in 2017 growing at a CAGR of 5.4% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Reactive Diluents Market
The reactive diluents are colourless, low viscosity and clear substances. It’s originated from glycidyl ethers which are alkyl phenols or short chain aliphatic alcohols and consist of various properties such as tensile strength, thermal stability, adhesion and filler loading. This work as a substitute for several plasticizers such as di-isodecyl phthalate (DIDP), diisononyl phthalate (DINP) and di-2-Ethylhexyl phthalate (DEHP). It’s increase the ease of use and processing of substances that reduce viscosity. These diluents are available in solvent based and water based painting and coatings. These diluents are applicable in automotive, wind energy, electrical & electronics. Nowadays increasing demands takes place in construction & building due to availability of raw material like paints & coatings, adhesives & sealants, and composites. In addition, epoxy resin is also having demand due to its properties such as low maintenance, durability and aesthetic appeal for applications in construction and electrical & electronics.
In 2017, Hexion launched a product related to waterborne epoxy resins at the European coating show.
- Raising demand for automotive, wind turbine, and building & construction industries.
- Utilization of Reactive Diluents for paints & coatings applications.
- Research took place in developing technologies for manufacturing floor coating, primer, undercoating, tank lining, waterproof coating in civil construction, and binder coating .
- It’s very expensive in nature.
- Not prefer in all the regions.
Segmentation: Global Reactive Diluents Market
By Diluents Type-
By Application -
- Paints & Coatings
- Others (potting and encapsulation of electronics components, tooling, and castings
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- North America
- Rest of Europe
- South America
- Rest of south America
- Middle East & Africa
- South Africa
- Rest of MEA
Competitive Analysis: Global Reactive Diluents Market
The global reactive diluents market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes Global Acrylate monomers Market shares for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Governments across the globe are investing significantly in the development of pipeline infrastructure in developing countries such as India, China, and Brazil.
In 2015, Evonik Industries launched a new reactive diluents for adhesive and sealants products .
Key Market Competitors: Global Reactive Diluents Market
The key players operating in the global reactive diluents market are –
- Dhingra Plastic And Plastiscisers Private Limited
- Hindusthan Speciality Chemicals Limited
- R. Coats Inks And Resin Pvt. Ltd
- Pure Chemicals Co.
The other players in the market are Hexion, Huntsman Corporation , Aditya Birla Chemicals, Kukdo Chemical, Evonik Industries, Adeka Corporation, Mercury Synthetic Resins, Champion Adva Mat Private Limited , Darshana Polychem, Grasim Industries Ltd., HI Tech Corporation, ASH Chem, Admark Polycoats Pvt Ltd. Cargill , EMS-Griltech , Olin Corporation , Sachem among other.
Research Methodology: Global Reactive Diluents Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Historical and current market size and projection up to 2025.
- Market trends impacting the growth of the global reactive diluents market.
- Analyze and forecast reactive diluents market on the basis of product market type, and end-use industry.
- Trends of key regional and country-level markets for product market type, and end-use industry.
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.