Dispersant Polymer Global Market Opportunities And Strategies To 2032

Executive Summary

This report describes and explains the dispersant polymer market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.

The global dispersant polymer market reached a value of nearly $7,788.1 million in 2022, having grown at a compound annual growth rate (CAGR) of 10.4% since 2017. The market is expected to grow from $7,788.1 million in 2022 to $12,586.1 million in 2027 at a rate of 10.1%. The market is then expected to grow at a CAGR of 12.9% from 2027 and reach $23,083.1 million in 2032.

Growth in the historic period resulted from the strong economic growth in emerging markets, an increasing demand for chemical products and an increasing demand for bio-based dispersants. Factors that negatively affected growth in the historic period were fluctuating raw material prices.

Going forward, government support, improvement in polymerization techniques, a rise in demand for water-based dispersants and rising urbanization will drive the growth. Factors that could hinder the growth of the dispersant polymer market in the future include stringent regulations.

The dispersant polymer market is segmented by type into acrylic dispersions, vinyl dispersions, polyurethane dispersions, SB dispersions and other types. The acrylic dispersions market was the largest segment of the dispersant polymer market segmented by type, accounting for 38.7% of the total in 2022. Going forward, the polyurethane dispersions segment is expected to be the fastest growing segment in the dispersant polymer market segmented by type, at a CAGR of 10.5% during 2022-2027.

The dispersant polymer market is segmented by form into liquid, powder and granule. The liquid market was the largest segment of the dispersant polymer market segmented by form, accounting for 50.0% of the total in 2022. Going forward, the liquid segment is expected to be the fastest growing segment in the dispersant polymer market segmented by form, at a CAGR of 10.4% during 2022-2027.

The dispersant polymer market is segmented by technology into water-based, solvent-based and solvent-free. The water-based market was the largest segment of the dispersant polymer market segmented by technology, accounting for 59.8% of the total in 2022. Going forward, the water-based segment is expected to be the fastest growing segment in the dispersant polymer market segmented by technology, at a CAGR of 10.2% during 2022-2027.

The dispersant polymer market is segmented by end-users into oil and gas, paints and coatings, agriculture, pulp and paper, detergent industry, pharmaceuticals, and other end users. The paints and coatings market was the largest segment of the dispersant polymer market segmented by end-users, accounting for 25.1% of the total in 2022. Going forward, the other end users segment is expected to be the fastest growing segment in the dispersant polymer market segmented by end-users, at a CAGR of 10.6% during 2022-2027.

Asia Pacific was the largest region in the dispersant polymer market, accounting for 41.0% of the total in 2022. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the dispersant polymer market will be Asia Pacific and North America where growth will be at CAGRs of 11.5% and 10.4% respectively. These will be followed by Western Europe and Middle East where the markets are expected to grow at CAGRs of 9.3% and 7.5% respectively.

The global dispersant polymer market is slightly fragmented, with a large number of players. The top ten competitors in the market made up to 25.29% of the total market in 2021. This can be due to the existence of a number of local players in the market serving customers in particular geographies. Dow was the largest competitor with a 4.83% share of the market, followed by Covestro AG with 3.82%, Evonik Industries AG with 3.30%, Berkshire Hathaway (The Lubrizol Corporation) with 3.16%, Nippon Shokubai Co., Ltd with 2.59%, Nouryon with 2.15%, Ashland Inc with 1.51%, Sasol with 1.47%, Lanxess with 1.35% and Croda International with 1.11%.

The top opportunities in the dispersant polymer market segmented by type will arise in the acrylic dispersions segment, which will gain $1,873.6 million of global annual sales by 2027. The top opportunities in the dispersant polymer market segmented by form will arise in the liquid segment, which will gain $2,480.5 million of global annual sales by 2027. The top opportunities in the dispersant polymer market segmented by technology will arise in the water-based segment, which will gain $2,922.1 million of global annual sales by 2027. The top opportunities in the dispersant polymer market segmented by end-users will arise in the paints and coatings segment, which will gain $1,242.7 million of global annual sales by 2027. The dispersant polymer market size will gain the most in China at $1,400.0 million.

Market-trend-based strategies for the dispersant polymer market includes focus on product innovations, technological advancement, mergers and acquisitions, partnerships and collaborations and new plant expansions.

Player-adopted strategies in the dispersant polymer market include diversifying product line through the introduction of new products, expanding production facilities to meet customer demands in the geographic regions such as Asia-Pacific and others and enhancing business capabilities through the launch of new products.

To take advantage of the opportunities, the publisher recommends the dispersant polymer companies to focus on product innovations, focus on technological advancement, focus on new plant expansions, expand in emerging markets, continue to focus on developed markets, focus on partnerships and collaborations, focus on mergers and acquisitions, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions, continue to target fast-growing end-users.

• Dow
• Covestro AG
• Evonik Industries AG
• Berkshire Hathaway (The Lubrizol Corporation)
• Nippon Shokubai Co., Ltd

Methodology