The anti-settling agents market is expected to reach US$ 388.0 Million by the end of 2033, growing at a CAGR of 4.3% from its estimated value of US$ 254.7 Million in 2023.
Manufacturers of paint and pigment dispersions have steadily increased their demand, driving up prices for anti-settling chemicals. The need for organic/natural anti-settling agents is anticipated to grow at the fastest rate due to rising construction project demand for paint.
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Market Frontrunners
- BASF SE
- Evonik industries
- Fine Organic Industries Limited
- Active Minerals International, LLC
- Ester Chemicals Industries Pvt. Ltd.
- Harmony Additives Pvt. Ltd.
- K Tech (India) Limited
- King Industries Inc.
- Lakeland Chemicals (India) Ltd.
- Lysurf Chemicals Co. Ltd.
Key Statistics Supporting the Surge
- In the upcoming years, East Asia and Europe are anticipated to have over 48% of the global market share.
- By 2031, the German market is expected to have grown at a 4.7% CAGR and would be worth more than US$ 11 Mn.
- It is expected that demand from Russia, which will account for approximately 20% of global demand for anti-settling chemicals in 2021, will be the market’s main driver in Europe.
- More than 84% of all sales in North America are made in the United States.
- Mixed nature anti-settling agents are thought to make up a sizable share of the market globally.
- Anti-settling paint additives account for more than 58% of projected global demand.
- Sales of aqueous anti-settling agents are predicted to increase globally at a 4.5% CAGR by use case.
- Rising construction projects and increasing number of paint manufacturers are driving market growth.
- Rising use of rheology modifiers in various end-use applications such as in cement, inks, and cement slurry stabilization will aid overall expansion.
Competitive Landscape:
Manufacturers are increasingly making efforts for developing effective and eco-friendly anti-settling agents for multiple industries. They are deploying various organic and inorganic strategies to retain their respective market share and keep growing. These strategies include mergers, acquisitions, and collaborations also. For example, BASF SE joined forces with SIEMENS Energy to help accelerate commercial implementation of advanced technologies to reduce greenhouse gas emissions from various business verticals..
Market Structure Outlook
Fact MR provides an unbiased analysis of the global anti-settling agents demand outlook, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global sales of eco-friendly anti-settling agents with a detailed segmentation on the basis of:
Source
- Organic Anti-settling Agents
- Inorganic / Synthetic Anti-settling Agents
Form
- Solid Anti-settling Agents
- Paste Anti-settling Agents
- Liquid Anti-settling Agents
Nature
- Anionic Anti-settling Agents
- Cationic Anti-settling Agents
- Mixed Anti-settling Agents
Use Case
- Aqueous Anti-settling Agents
- Anti-settling Agents for Solvents/Oils
- Others
Application
- Anti-settling Agents for Paints
- Anti-settling Agents for Inks
- Anti-settling Agents for Cement Slurry Stabilization
- Others
Key Questions Covered in the Anti-Settling Agents Market Report
- The report offers insight into anti-settling agents demand outlook for 2022-2033
- The market study also highlights projected sales growth for anti-settling agents between 2022 and 2033
- Anti-settling agents market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
- Anti-settling agents market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others
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