Analysis of Reactive Diluents market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Reactive diluents, commonly known as thinners, rheology modifiers, or viscosity modifiers, are generally added to adhesives, coatings, paints, and sealants, to change their concentration and make them suitable based on their application.
Copolymerization further aids in the proper blending of the reactive diluents with lacquer. Reactive diluents result in better performance of a solution by imparting thermal stability, adhesion, tensile strength, and other physical & mechanical attributes.
Other important properties that have been driving the adoption of reactive diluents include their robust compatibility with solvent- and water-based paints & coatings, along with their ability to significantly reduce emissions of volatile organic compounds.
Significant developments across a wide range of industrial sectors in line with technological evolution, particularly in the automotive and electronics industries, have meant that demand for consumables such as adhesives and sealants has spurred in recent years.
This, coupled with the rapid adoption of composites as effective alternatives to traditionally employed radical materials in construction and automotive applications, has been underpinning demand for reactive diluents.
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Rapid urbanization, in tandem with population growth, has resulted in several infrastructure developments and construction projects worldwide, thereby creating a significant requirement for paints and coatings. Reactive diluents continue to witness high demand as key additives for adhesives, paints, and coatings, for enhancing their tensile strength and other mechanical attributes.
Demand for reactive diluents is likely to be arrested by sluggish near-future prospects of epoxy resins, Upward pressure in spot prices of liquid epoxy resins, and reduced number of relevant R&D investments by chemical giants, are key factors that have led to confined market growth of resins, thereby constraining the adoption of reactive diluents to a certain extent.
Another key growth impediment for the reactive diluents market is the foray of efficacious alternatives, such as phenolic diluents, that feature comparatively greater fire and heat resistance, along with their phobic nature toward various reactive chemicals and toxic gases. These alternatives to reactive diluents have gained utter popularity in structural applications, where ablative properties are sought-after.
Future demand for reactive diluents is expected to remain underpinned by the growth focus of end-use industries on the adoption of lightweight materials that offer robust corrosion resistance and mechanical resilience.
Stringent regulations, imposed by the governments and regulatory bodies worldwide, on VOC emissions from the paints & coatings industries, have prompted manufacturers of reactive diluents to focus on the development of eco-friendly products. The advent of glycidyl ether as eco-friendly reactive diluents is one such recent development in the market.
Foray of these green reactive diluents to arrest VOC emissions, along with their adoption as a replacement for several plasticizers in adhesives, will underpin the future growth of the market. Additionally, greater blending capability with various epoxy polymers and silane-modified polymers will continue to uphold the growth of the reactive diluents market in the near future.
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The worldwide manufacturers of reactive diluents are increasingly engaging in the tactical expansion of product offerings, facility, or their global footprint, to achieve a stronghold in the worldwide e reactive diluents market. Some of the recent developments related to companies operating in the reactive diluents market include:
Nippon Shokubai Co., Ltd. shared the growth of VEEA monomer production capacity, in January 2018. VEEA monomer, which is generally used in UV inkjet printing as a reactive diluent, is witnessing impressive demand from Europe and the U.S.
Earlier in November 2015, another prominent player in the reactive diluents market, Evonik Industries AG introduced TEGOPAC, which manufactures silane-modified polymers that give away ethanol in the curing process. These polymers reduce the viscidness of sealant formulations as well as of adhesives, and can also be used to create sealant products, and stainless adhesives.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Company
Reactive diluents market research report has been incorporated with first-hand information along with comprehensive analysis based on quality and quantity with the help of industry analysts. Inputs from participants and experts in the industry have also been integrated into the global report. Governing, micro, and macro-economic aspects relating to the parent market have been identified in the global report. Market attractiveness based on regions and segments along with qualitative impacts has also been included in the reactive diluents market research report.
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The reactive diluents market is likely to record a CAGR of 5.93% during the forecast period.
The reactive diluents market has high growth potential due to escalating demand for print & coatings across diverse end-use industries.
The manufacturers of the reactive diluents industry are likely to find the most opportunities in the North American region.
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