PUBLISHER: Grand View Research | PRODUCT CODE: 1363114
PUBLISHER: Grand View Research | PRODUCT CODE: 1363114
The global dispersing agents market size is expected to reach USD 8.49 billion by 2030, expanding at a CAGR of 5.9% from 2023 to 2030, according to a new study by Grand View Research, Inc.. Dispersing agents, also known as dispersants, are chemical additives that play a crucial role in various industries. They are used to facilitate the dispersion of solid particles or immiscible liquids in a liquid medium, creating stable and homogeneous mixtures. The primary function of the product is to reduce the forces of attraction between particles, preventing them from clumping together and ensuring uniform distribution.
In various industries, achieving proper dispersion is crucial for ensuring that products perform optimally. By effectively dispersing ingredients in formulations, the product enhances properties like stability, rheology, color development, and overall quality. Dispersing agents are especially important in industries such as paints and coatings, adhesives, inks, construction, ceramics, pharmaceuticals, and personal care products. For instance, in the paint and coatings industry, dispersing agents are essential for maintaining consistent color, preventing pigment settling, and ensuring uniform film formation. In the pharmaceutical industry, they are utilized to improve the bioavailability of active pharmaceutical ingredients.
However, a wide range of dispersants are offered by specialty chemical manufacturers in the market. The synthesis of dispersants requires various chemicals as feedstock. Their formulation not only requires complex chemical formulation but also necessitates the procurement of raw materials from various different suppliers. Various raw materials, such as ethylene glycol, glycol ethers, polyethylene glycol, benzalkonium chloride, sulfosuccinate esters, and oxyalkylated c12-c15 alcohols among others, are used in the processing of a wide variety of dispersion agents. One of the major challenges faced by the manufacturers of the product is the sourcing of raw materials with volatile prices. Fluctuating prices of raw materials is a key restraint for the product manufacturers for the large-scale production of dispersants and the production of tailor-made solutions to suit the requirements of customers.