The component that makes epoxy resins and epoxy phenol novolac less viscous is known as reactive diluents. It aids the resins in enhancing handling and application simplicity in a variety of applications. Ethylhexyl glycidyl ether, butyl glycidyl ether, and cresyl glycidyl ether are a few examples of reactive diluents. It is used to improve elongation and achieve greater flexibility while also enhancing mechanical and thermal shock absorption. It is utilised for many different things, including paints and coatings, adhesives, composites, etc.
Due to reasons such as rising demand from various industries, including building and construction, automotive, and marine, the market for reactive diluents is expanding at a rapid rate globally. The market for reactive diluents is also anticipated to increase in the next years due to the rising demand for materials with high mechanical strength, low weight, and corrosion resistance. Reactive diluents’ market expansion is anticipated to be hampered by strict regulations on their use and a rise in the use of substitute resins. Similar to the last example, market participants may soon benefit financially from an increase in demand for reactive diluents in the wind energy sector.
The “Worldwide Reactive Diluents Market Examination to 2028” is an extensive research of the chemicals and materials sector with an emphasis on the analysis of global market trends. With specific market segmentation by type, application, and location, the study seeks to give an overview of the reactive diluents market. During the projected period, a significant amount of growth is anticipated in the market for reactive diluents. The research gives major market trends and prospects as well as important information on the competitive landscape for the top reactive diluents market competitors.
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The market for reactive diluents is divided into types and applications. Reactive diluents are divided into three groups on the basis of their types: aliphatic, aromatic, and cycloaliphatic. The market is divided based on application into paints & coatings, adhesives & sealants, composites, and others. In 2020, the proliferation of COVID-19 in significant international economies led to widespread lockdowns that had an effect on a number of businesses. During the pandemic, two of the most impacted industries were automobile and construction. Reactive diluent demand during the first half of 2020 was impacted by this. Therefore, during the coronavirus pandemic, there was a decrease in the demand for Reactive Diluents. Nevertheless, the market for reactive diluents recovered quickly as a result of increased commercialisation operations following the lockdown’s relaxation and a quick turnaround in the major end-use industries like construction and the automotive.
Due to the rising need for applications such as construction and automotive, the Asia-Pacific region accounts for the majority of the global demand for reactive diluents. Another element driving the demand for reactive diluents is the ongoing renovation of infrastructure in nations like Japan and South Korea that are vulnerable to disasters. Reactive Diluents’ market expansion in the forecast period is also likely to be aided by growing populations and the ensuing increases in per capita income in emerging economies like China and India.
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Hexion, Huntsman, Kukdo, Aditya Birla, Evonik, Adeka, Cargill, EMS-Griltech, Arkema, Bluestar Wuxi Petrochemical, Atul, Cardolite, DIC, Hubei Phoenix, Ipox, Sakamoto Yakuhin Kogyo, Geo Specialty, BASF, Nippon Shokubai, Air Products and Chemicals, Italmatch Chemicals S.p.A
Key Market Segments
- Paints & Coatings
Key Market Players included in the report:
- Aditya Birla Chemicals
- Kukdo Chemicals
- Atul Chemicals
- Bluestar Wuxi Petrochemical
- DIC Corporation
- Hubei Phoenix Chemical Company
- IPOX Chemicals
- King Industries