Reactive Diluents Market

Reactive Diluents Market worth 1,072.0 Million USD by 2022

The report "Reactive Diluents Market by Type (Aliphatic, Aromatic, and Cycloaliphatic), Application (Paints & Coatings, Composites, Adhesives & Sealants), and Region (North America, Asia Pacific, Europe, Middle East & Africa) - Global Forecast to 2022", The reactive diluents market is estimated at USD 818.9 Million in 2017 and is projected to reach USD 1,072.0 Million by 2022, at a CAGR of 5.5% between 2017 and 2022.

           Request Sample          Request Sample              download pdf

Browse 77 market data Tables and 28 Figures spread through 118 Pages and in-depth TOC on "Reactive Diluents Market by Type (Aliphatic, Aromatic, and Cycloaliphatic), Application (Paints & Coatings, Composites, Adhesives & Sealants), and Region (North America, Asia Pacific, Europe, Middle East & Africa) - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/reactive-diluent-market-207557682.html
Early buyers will receive 10% customization on reports.

This high growth is fueled by the increasing demand for reactive diluents from various end-use industries such as automotive and building & construction due to the huge requirement for solvent-free paints & coatings and adhesives from these industries. This high demand is mainly due to the rising GDP, growing disposable income, increasing use of composites instead of conventional materials, and increasing number of expansions & other development activities in the regions. Contributions of various automotive associations and companies toward research & development and enhancement of properties of reactive diluents such as low VOC, light weight, durability, low maintenance, and high tensile strength are also some of the drivers for the reactive diluents market growth.

Aliphatic is projected to be the largest segment of the market during the forecast period, in terms of both value and volume.

Based on type, the aliphatic segment is projected to be the largest segment of the reactive diluents market, in terms of both value and volume, during the forecast period. It is widely used as a reactive diluent in automotive, wind turbine, and building & construction industries. The increasing demand for composites in the automotive sector and the low raw material cost coupled with easy production process are the factors attributed to the growth of aliphatic reactive diluents.

The paints & coatings application of reactive diluents is projected to be the largest segment of the market between 2017 and 2022, in terms of both value and volume.

The paints & coatings application is expected to be the largest segment of the reactive diluents market during the forecast period. As the population rises globally, the demand for related infrastructure (such as buildings) increases. The consumption of reactive diluents in the paints & coatings application is high due to their superior properties, such as low VOC content, low viscosity, chemical resistance, and superior mechanical and electrical properties. These resins are commonly used in floor coating, primer, undercoating, tank lining, waterproof coating in civil construction, and binder coating.

Asia Pacific is projected to be the largest reactive diluents market between 2017 and 2022, in terms of both value and volume.

Asia Pacific is projected to be the largest market for reactive diluents during the forecast period. The demand for reactive diluents is high in the region is due to the large industrial base and high living standard of the population. In addition to this, the increasing use of reactive diluents in the automotive industry and related growth in emerging economies such as India, China, and South Korea also drives the reactive diluents market in the region.

Some of the key players in the reactive diluents market are Hexion (US), Huntsman Corporation (US), Kukdo Chemical (South Korea), Aditya Birla Chemicals (India), and Evonik Industries (Germany). New product launches was the major growth strategy adopted by the market players between 2013 and 2017 to cater to the demand for reactive diluents in emerging economies.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
CH 5903
Published ON
Jan, 2018
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Reactive Diluents Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Marie Steelle

Senior Research analyst- MarketsandMarkets

Home