info@marketresearchfuture.com   ūüďě  +1 (855) 661-4441(US)   ūüďě  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Reactive Diluents Market Research Report Information by Type (Aliphatic, Aromatic, and Cycloaliphatic), Application (Paints & Coatings, Polymers & Composites, Adhesives & Sealants, and Others), and Region (Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa)‚ÄĒForecast Till 2030


ID: MRFR/CnM/4555-HCR | 100 Pages | Author: Chitranshi Jaiswal| June 2024

Global Reactive Diluent Market Overview


The reactive diluents market is estimated to reach a valuation of USD 845 million by the year 2030, at a CAGR of 5.93% during the forecast period from 2024 to 2030. One of the factors that has contributed to the expansion of the said market segment is the growing demand for reactive diluents that are used in paints and coatings, composites, adhesives, and other applications on a scale. The report explores the profitable prospects that are available in the Reactive Diluents Market at the level and provides insights into those lucrative opportunities. Additionally, the study provides an accurate cost breakdown, as well as information on segments, trends, regions, and commercial growth of the leading important players worldwide for the forecast period. 


Reactive Diluents Market Trends Insights


The growing trend of sustainable and eco-friendly formulations is driving the market forward.


The increasing demand for environment-friendly formulations in reactive diluents and associated goods is becoming a crucial factor influencing market dynamics. This trend originates from a widespread increase in environmental awareness among consumers, who are placing greater importance on items that reduce their impact on the environment. Governments around the world are implementing strict rules to limit the use of dangerous chemicals, which is pushing industry towards adopting sustainable alternatives. Corporations are currently adopting sustainability as a fundamental principle of their operations, motivated by consumer demands and legal requirements. Apart from this, technological advancements have been instrumental in promoting the creation of environment-friendly formulations that provide competitive performance. The combination of these elements highlights the market's movement towards ecologically sustainable alternatives. Businesses that shift their focus towards environment-friendly reactive diluents have the potential to gain a substantial edge over their competitors by taking advantage of the increasing market need for sustainable products. As this trend continues to gather speed, it is changing the norms and emphasizing the need for sustainable practices throughout the whole value chain.


Reactive Diluents Market Segment Insights 


The reactive diluents market is segmented based on type, function and application. 


Based on type, the reactive diluents market is further segmented into aliphatic, aromatic and cycloalipathic. Out of which, the aliphatic segment owes the major market share. Aliphatic compounds possess exceptional performance attributes, including remarkable chemical and UV resistance, extraordinary longevity, and outstanding capacity to withstand diverse weather conditions. These qualities make them highly suitable for a wide range of applications, such as coatings, adhesives, and composites. In addition, aliphatic reactive diluents are recognized for their adaptability and ability to work well with various resins and formulas, offering producers the freedom to create and refine their products.


Based on functions, the reactive diluents market is further divided into multi-functional and mono-functional. Out of which, the multi-functional segment dominates the said market segment. Multifunctional reactive diluents are highly sought after in the market owing to their versatility and capacity to perform several functions in different formulations. These compounds possess numerous reactive sites, enabling them to successfully form chemical bonds with various resin systems, hence improving the overall performance of the product. Formulators can utilize this adaptability to attain certain characteristics, such as enhanced adhesion, flexibility, and impact resistance, in a diverse array of applications, including coatings, adhesives, and composites.


Based on applications, the said market segment is further segmented into paints & coatings, adhesives & sealants, composites, flooring and printing. Out of which, the paints and coatings segment dominates the market share. Paints and coatings are the dominant products in the market since they are widely used in numerous sectors and applications. Reactive diluents are essential components in the formulation of paints and coatings. They serve multiple functions, including modifying viscosity, facilitating crosslinking, and improving adhesion and durability. The usage of reactive diluents has been driven by the desire for high-performance coatings that possess exceptional qualities, including chemical resistance, scratch resistance, and weatherability.


Reactive Diluents Market Region Insights 


The reactive diluents market is primarily studied across four major regions, namely North America, Europe, Asia-Pacific and the Rest of the World. Out of which, the Asia-Pacific region dominates the market share. The Asia-Pacific region is expected to increase the reactive diluents market over the estimated forecasting period of quarters. With the presence of major emerging economies like India, China and Japan, and the evolving chemical sector in these nations, the demand for reactive diluents is high in the APAC region. Furthermore, the government of China has implemented a massive infrastructure plan to construct several business sectors to increase the growth of the modern market and business facilities. Considering the above-discussed reasons and the rapidly evolving industrial sectors in the region, the Asia-Pacific region stands as a market leader in generating a sufficient amount of production among the other regions.


Reactive Diluents Market Key Players & Competitive Insights


The major key competitors in the reactive diluents market are extensively raising to engage the tactical expansion of the product offering, facilities or the footprint to achieve a strong position all across the world. Due to this, most of the new business owners, as well as the new manufacturers, have come up in the current market. To meet the challenge of needs, the reactive diluents market has been facing huge competition between the industrial sectors. According to this, most prominent market players have continuously focused on increasing their production work.


Reactive Diluents Market Key Companies Insights



  • Arkema Group

  • Huntsman International LLC

  • Olin Corporation

  • Cardolite

  • Epoxy Division

  • Aditya Birla Chemicals Limited

  • Nippon Shokubai Co. Ltd.

  • Cargill Incorporated

  • Evonik Industries AG

  • Adeka Corporation

  • Sachem

  • Atul Chemicals

  • Royce

  • King Industries

  • BASF SE

  • Geo Speciality Chemicals


Recent Developments


December 2021 - 


In December 2021, The Bodo Moller Chemie Group signed a partnership deal with Imerys to strengthen its business operations. 


March 2019 - 


In March 2019, Hexion announced the launch of its application development centre in Shanghai, to enhance its business expansion in APAC.

Report Attribute/Metric Details
  Market Size   2030: USD 845 million
  CAGR   CAGR of 5.93% (2024-2030)
  Base Year   2021
  Forecast Period   2024-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   type and application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BASF SE (Germany), Evonik Industries AG (Germany), Bodo Möller Chemie GmbH (Germany), Ipox Chemicals GmbH (Germany), Huntsman Corporations (US), UL LLC (US), Cargill, Incorporated (US), Air Products and Chemicals, Inc. (US), Hexion (US), Sachem Inc. (US), Aditya Birla Chemicals (India), Arkema SA (France), Nippon Shokubai Co., LTD (Japan), Adeka Corporation (Japan), and EMS-Chemie Holding Ag (Switzerland)
  Key Market Opportunities increasing popularity of phenolic resins over epoxy resin due to its low cost fluctuating crude oil prices
  Key Market Drivers Escalating demand for paints & coatings across various end-use industries to improve the aesthetic appeal and provide protection from external environmental factors high demand in end-use industries rapid industrialization and urbanization in the emerging economies


Frequently Asked Questions (FAQ) :

The global reactive diluents market has been expected to increase at a CAGR of 5.93%, with a value of USD 845 billion over the estimated projected years 2024-2030.

Unstable crude oil prices and increasing intake of phenolic resins as an alternative can prevent market growth.

The Asia Pacific market has a better market share in 2018 than others.

The automotive industry would drive growth for the US reactive diluents market.

Reactive Diluent Market

In addition, the worldwide reactive diluents market has been expected to increase at a CAGR of 5.93%, with a value of USD 845 million during the estimated forecasting period of 2021-2030.

Segmentation
By Type Aliphatic Aromatic Cycloaliphatic
By Application Paints & Coatings Polymers & Composites Adhesives & Sealants Others
Key Players
Companies Profiled   Arkema Group   Huntsman International LLC   Olin Corporation   Cardolite   Epoxy Division   Aditya Birla Chemicals Limited   Nippon Shokubai Co. Ltd.   Cargill Incorporated   Evonik Industries AG
Drivers
Market Driving Forces   Escalating demand for paints & coatings across various end-use industries to improve the aesthetic appeal and provide   protection from external environmental factors   high demand in end-use industries   rapid industrialization and urbanization in the emerging economies
Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.