Organic Dispersants Market size was over USD 5.28 Billion in 2023 and is expected to reach USD 10.58 Billion by the end of 2036, growing at around 5.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of organic dispersants is assessed at USD 5.54 Billion. One of the most significant growth factors, driving the growth of this market is the increasing demand for organic dispersants in the real estate and construction industry. Day by day, the real estate and construction industry is rising in developing countries which is a further leading rise in this market. As per data, China is planning to exceed its railway line by 80,000 km in the coming years.
Additionally, the increasing demand for organic dispersants in the automotive industry is widely driving the growth of this market. Organic dispersants are used in the automotive industry in various ways such as it is used in painting and coating the automobile, used as lubricating oil for engines, and many more applications are there. As per the International Organization for Vehicle Motor Manufacturers, commercial vehicle production has grown 31.4% at 5731162 units in 2020 as compared to 4360475 units in 2019.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
5.5% |
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Base Year Market Size (2023) |
USD 5.28 Billion |
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Forecast Year Market Size (2036) |
USD 10.58 Billion |
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Regional Scope |
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End-user (Construction, Automotive, Paper, Oil & Gas, Agriculture, Pharmaceutical)
The global organic dispersants market is segmented and analyzed for demand and supply based on end-users into construction, automotive, paper, oil & gas, agriculture, pharmaceutical, and others. Amongst this automotive industry is anticipated to witness the highest market share in the forecast period. This can be attributed to organic dispersant being used to stabilize the paint and coating along with this it reduces the viscosity on the surface of the automobile. Additionally, the organic dispersant is also used as lubricating oil added to the engine which keeps it clean and prevents the buildup of sludge. As per the International Organization of Motor Vehicles Manufacturers (OICA), global vehicle production increased by 22 million in January-March 2021 as compared to 19 million in January-March 2020.
Product Type (Oligomer, Polymer)
The global organic dispersants market is segmented and analyzed for demand and supply based on product type into oligomer and polymer organic dispersants. Out of these, the oligomer sub-segment is projected to grow at a significant mark during the forecast period. This can be attributed owing to its utility in many industries, such as the cosmetics and pharmaceutical industries.
Our in-depth analysis of the global market includes the following segments:
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Product Type |
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Application |
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End-User |
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APAC Market Statistics
The market in the Asia Pacific is projected to hold the largest market share by the end of 2036. This can be attributed on the back of the growing demand for energy and automobiles in the region. The developing infrastructure owing to rapid urbanization and industrialization is expected to multiply the market share in the region. Around 31% of global construction companies are based in the APAC region. Additionally, rapid growth in the demand for automobiles in the Asia Pacific region is expected to drive the market in the forecast period. This is attributed to the fact that organic dispersant is widely used for painting and coating purposes in automobiles.
North American Market Forecast
Furthermore, the market in the North American region is anticipated to garner a significant share over the forecast period. This can be attributed owing to the growing investment in oil drilling activities. The organic dispersant lowers the ability to absorb oil from the ocean surface. It is sprayed on the surface to increase the range of sticky oil and break down it into small particles. As per the Canadian Association of Petroleum Producers, investment in oil sand projects and oil & gas production grew from USD 19 billion in 2019 to USD 21 billion in 2021.
Furthermore, the EPA's strict environmental regulations regarding the wetting agents used in the paint and coatings industry, along with a growing focus on energy efficiency in the construction industry, are expected to contribute to Europe's moderate growth over the forecast period.
Author Credits: Rajrani Baghel
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