Dispersant Polymer Global Market Report 2024

The dispersant polymer market size has grown rapidly in recent years. It will grow from $8.51 billion in 2023 to $9.38 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The historical growth can be attributed to several factors, including robust economic expansion in emerging markets, a rising demand for chemical products, and an increased interest in bio-based dispersants.

The dispersant polymer market size is expected to see rapid growth in the next few years. It will grow to $14.41 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The anticipated growth in the forecast period can be attributed to government support, advancements in polymerization techniques, an increased demand for water-based dispersants, and growing urbanization. Key trends during this period include product innovations, technological advancements, a surge in mergers and acquisitions, increased partnerships and collaborations, and new plant expansions.

Government support is anticipated to be a driving force behind the growth of the dispersant polymers market. Increasing government initiatives to bolster the chemicals and polymers industries are influencing the overall expansion of the market. In Saudi Arabia, for example, the Saudi Ministry of Industry and Mineral Resources (MIMR) published The Monthly Bulletin for Industry and Mining in September 2022, covering the first half of the year and highlighting recent advancements in the industrial sector. The bulletin revealed the issuance of 501 industrial licenses since the beginning of 2022, particularly for the production of steel, food, polymers, and chemicals. Additionally, in July 2022, the Defense and Security Accelerator (DASA), a part of the UK Ministry of Defense, sought innovations enabling front-line clinicians to diagnose and treat individuals exposed to biological or chemical agents within approximately one hour. A funding of $1.19 million was made available for innovations that swiftly diagnose biological and chemical agents at the front line. The significant government support is expected to contribute to the expansion of the dispersant polymers market.

The growth of the dispersant polymer market is further fueled by the increasing demand for bio-based dispersants. These dispersants are derived from the reaction product of natural fatty acid oil, specifically triglyceride oil containing over 80% unsaturated fatty acids, enhancing handling, gelling, and transport efficiency. The rising demand for volatile organic compound (VOC)-free dispersions is a key driver for the adoption of bio-based dispersants, thereby boosting the dispersant polymer market. For example, in January 2021, Dow Chemical, a US-based chemical corporation, introduced Acusol Prime 1 Polymer, a multifunctional biodegradable dispersant for detergents. This product, containing 30% degradable carbon via the OECD 302B Protocol, offers protection against major deposits caused by food residue and hard water, emphasizing the environmentally friendly aspects of bio-based dispersants. The growing prominence of bio-based dispersants is contributing to the overall growth of the dispersant polymer market.

Prominent players in the dispersant polymers market are strategically concentrating on product advancements and the introduction of innovative solutions to enhance their market positioning. For instance, in April 2022, Engineered Polymer Solutions (EPS), a leading US-based company specializing in the design and manufacture of engineered elastomeric, polymeric, and plastic seals and sealing systems, unveiled EPS 2436. This novel self-crosslinking acrylic dispersion serves as a binder for premium wood coatings and is an addition to the EPS 2400 series. This series comprises waterborne acrylic resins utilized by wood coating formulators to create high-performance solutions for various applications, including industrial uses, cabinetry, furniture, and flooring. The newly launched product, EPS 2436, stands out with its remarkable transparency in the dry state and superior block resistance. Moreover, in January 2021, Dow, a prominent US-based chemical producer, introduced Acusol Prime 1 Polymer, a groundbreaking multifunctional and biodegradable dispersant. Representing Dow's inaugural venture into this domain, Acusol Prime 1 Polymer boasts a composition with over 30% degradable carbon, as per the OECD 302B protocol, emphasizing its commitment to sustainability and environmental responsibility.

Key players in the dispersant polymers market are actively engaged in the exploration and development of cutting-edge technological solutions to enhance their market standing. Illustratively, in May 2022, Lubrizol, a leading US-based specialty chemicals company serving the transportation, industrial, and consumer markets, introduced an innovative dispersant technology as part of the Solsperse AC Hyperdispersants brand. This technology has been specifically tailored to align with the emerging manufacturing processes in advanced ceramics, encompassing additive manufacturing methods.

In June 2021, Japan-based chemicals company DIC Corporation acquired BASF Colors & Effects (BCE), the pigment business of BASF, for an undisclosed amount. This strategic move aimed to expand DIC's product portfolio in functional pigments and cosmetics, positioning the company as a global leader among pigment suppliers. It's noteworthy that BASF, the seller in this acquisition, is a US-based chemical company with expertise in manufacturing dispersant polymers.

Major companies operating in the dispersant polymer market report are Dow, Covestro AG, Evonik Industries AG, Berkshire Hathaway (The Lubrizol Corporation), Nippon Shokubai Co. Ltd., Nouryon, Ashland Inc., Sasol, Lanxess, Croda International, EOC Polymers India Private Limited, Weifang Ruiguang Chemical Co Ltd., Shanghai Yunsong Technology Development Co Ltd., Jiangsu Kaiyuan Technology Co Ltd., Tianjin Royal Land Chemical Co Ltd., Solvay, Sumika Polymer Compounds Poland Sp. z o.o, Uniqchem, Toagosei Co, BASF, King Industries Inc., Transcor Industria de Pigmentos e Corantes Ltda, ExxonMobil Quimica Ltda, Abu Dhabi Polymers Company Ltd., KMT Polymers, SNF United Arab Emirates, Ethiopolymers PLC, Eagle Chemicals.

Asia-Pacific was the largest region in the dispersant polymer market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dispersant polymer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dispersant polymer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary types of dispersant polymers based on chemistry include acrylic dispersions, vinyl dispersions, polyurethane dispersions, SB dispersions, and others. Acrylic dispersion, for example, involves dispersing acrylic polymers in water, forming a colloidal suspension used in products such as paints, coatings, adhesives, and sealants. Technologies encompass water-based and solvent-based variations, and these dispersants exist in liquid, powder, and granule forms. They find applications in diverse industries, including oil and gas, paints and coatings, agriculture, pulp and paper, the detergent industry, pharmaceuticals, and more.

The dispersant polymer market research report is one of a series of new reports that provides dispersant polymer market statistics, including dispersant polymer industry global market size, regional shares, competitors with a dispersant polymer market share, detailed dispersant polymer market segments, market trends and opportunities, and any further data you may need to thrive in the dispersant polymer industry. This dispersant polymer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The dispersant polymer market consists of sales of dispersant polymer products such as sodium dodecyl sulfonate (SDS) and sodium dodecyl benzene sulfonate (SDBS). Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.