Market Insights:
The key factors driving the growth of this market are the rapidly
growing demand for the product in the agrochemicals to increase their
performance. Their physical properties such as excellent spreading, good
solubility in water and organic solvents, and high polymer content favor their demand
in the paints and coatings industry. There is a rising global demand for label
packaging, which provides the nutritive and product information. Superwetting
surfactants are widely used in developing the coating formulations especially
for the hard-to-coat surfaces such as metals, wood, and composites. This is
expected to propel the global market growth in the coming years.
Competitive Analysis
·
BYK
·
BASF SE
·
Ethox Chemicals LLC
·
Siltech Corporation
·
Evonik
·
AGC SEIMI CHEMICAL CO.
·
Ashland
·
The Dow Chemical Company
·
Jiangxi Tiansheng New Materials Co., Ltd.
·
BRANDT
Market Segmentation
The global superwetting surfactants market has been segregated on the
basis of type, application, and region.
By type, the global superwetting surfactants market has been divided
into organic surfactants, silicone-based surfactants, fluoro-surfactants, and
others. The silicone-based segment accounted for the largest market share in
2017 and is expected to register the highest CAGR on account of high demand in
the agrochemicals industry. In addition, the product is widely use in
developing coating formulations for the automotive industry.
On the basis
of application, the global superwetting surfactants market has been
categorized into agricultural adjuvants, paints & coatings, cleaning,
printing inks, overprint varnishes & primers, adhesives, and others. The
agricultural adjuvants segment held the largest market share in 2017 and is
projected to be the leading segment in the coming years. The growing demand for
highly efficient agrochemicals with minimal negative impact is likely to boost
the demand for superwetting surfactants as a performance enhancer. Furthermore,
the coatings and varnishes application segment is expected to register a
healthy CAGR during the forecast period.
Regional Analysis
Asia-Pacific, Europe, North America, Latin America, and the Middle East
& Africa are the five key regions studied for the global superwetting
surfactants market. Asia-Pacific accounted for the largest market share in 2017
and is projected to be the fastest growing regional market. This is primarily
attributed to the surging demand for the product in agrochemicals, paints and
coatings and consumer goods industries in this region.
The market in North America is expected to hold the second-largest
market share on account of rapid growth in demand for the product for
increasing the agricultural productivity. The European market is expected to
witness sluggish growth during the forecast period.
Intended Audience
- Superwetting Surfactants Manufacturers
- Traders and Distributors of Superwetting
Surfactants
- Research and Development Institutes
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratories
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