Global Reactive Diluents Market Industry Analysis, Leading Players, Competitive Landscape, Strategy, Development, and History Industry Estimated to Rise Profitably by Forecast 2026
Market Overview:
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.
According to Market Prognosis, 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.
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Top Industry Players:
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.
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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Market Segments:
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.
Types Covered:
- Aromatic
- Cycloaliphatic
- Aliphatic
Applications Covered:
- Adhesives
- Composites
- Paints & Coatings
- Other Applications
Verticals Covered:
- Aerospace
- Automotive
- Bedding & Furniture
- Building & Construction
- Industrial Applications
- Marine
- Other Verticals
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