Reactive Diluents - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Reactive Diluents Market is accounted for $742.72 million in 2017 and is expected to reach $1365.80 million by 2026 growing at a CAGR of 7.0% during the forecast period. The increasing demand for reactive diluents from end-use industries, such as automotive, wind turbine, and building & construction, due to the huge requirement for paints & coatings, composites, and adhesives from these industries and due to the rising GDP, disposable income, increasing use of composites instead of conventional materials are some of the factors boosting the market growth. However, growing popularity of different resins and strict regulatory norms and saturated use in developed economies are the restraints limiting the market growth.
Reactive diluents are low-viscosity glycidyl ethers of short-chain aliphatic alcohols or alkyphenols. They are used in the formulation of solvent-free paints and coatings as well as additives in combination with other polymers such as PVC, acrylate resins, and PUR, to improve adhesion and stability against degradational reactions.
Aliphatic type is projected to be the largest segment in the market during the forecast period. The growth of this segment is due to its extensive applications in the end-use industries, along with low raw material cost and easy production process. Based on application paints & coatings segment estimated to lead the reactive diluents markets during the forecast period. This is due to rapid urbanization and increasing population is expected to increase the demand. Asia-Pacific region is expected to grow at the highest CAGR due to the demand for reactive diluents is high in the region owing to the large industrial base and high living standard of the population and related growth in emerging countries.
Some of the key players profiled in the report include Arkema, Evonik Industries, CargillSachem, Atul Chemicals, Hubei Phoenix Chemical Company, DIC Corporation, Huntsman, Adeka Corporation, Bluestar Wuxi Petrochemical, Aditya Birla Chemicals, EMS-Griltech, IPOX Chemicals, Olin, Hexion and Kukdo Chemicals.
• Paints & Coatings
• Other Applications
• Bedding & Furniture
• Building & Construction
• Industrial Applications
• Other Verticals
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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