The global Organic Anti-Settling Agents market is predicted to achieve a valuation of US$ 218 Mn by 2021, according to a new report published by Fact.MR, a market research and competitive intelligence company, and to grow at a CAGR of more than 4% over the forecast period of 2021-2031.
The market is in a growing phase, with a historic growth rate of 2.9 percent from 2016 to 2020. Fact.MR believes the market has significant potential, citing factors such as the expanding paint industry, rising construction projects, and rising demand from a variety of other end-use sectors.
There are manufacturers at two tiers in the industry, making it simple to analyse and create strategies based on the current market situation. Because of numerous laws imposed by governing bodies all over the world, the market is expected to grow steadily.
In terms of funding, all players in the market, regardless of their tier, may register solid fund management because the investments required are relatively doable given individual competence and reserve holdings. Tier-1 players are thought to be responsible for 45 percent of total revenue.
Organic Anti-Settling Agents Market: Key Takeaways
- Mixed-nature anti-settling chemicals are predicted to be the most appealing, with an absolute dollar opportunity of US$ 56 million between 2021 and 2031.
- Organic anti-settling chemicals are expected to be the most profitable, with a 261 BPS increase by 2031, according to the source.
- Demand for liquid agents is predicted to expand 1.5X over the next ten years, according to form.
- In 2020, East Asia and Europe together accounted for approximately 48% of total market share.
“Market participants can increase their sales and earnings by looking to East Asia and Europe, which account for roughly half of global demand for anti-settling products,” says a Fact.MR analyst.
How is Growing Urbanization Triggering Demand for Organic Anti-Settling Agents?
Anti-settling chemicals are being used in a variety of applications. These materials have recently seen a surge in demand from the construction and building industries, owing to increased urbanisation and growth in emerging economies.
Anti-settling agent consumption is increasing as a result of increased use during construction and post-construction activities such as coating and painting. Despite the widespread use of anti-settling chemicals in the manufacture of paints and coatings, the building sector continued to drive demand.
Anti-settling agent producers all over the world have been putting a lot of effort into developing organic versions, dedicating a lot of resources to product creation and development. They’re also establishing sustainable production plants and collaborating with other industry titans on efforts like improving production plants to reduce emissions.
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