Reactive Diluents Market Projected to Witness Vigorous Expansion by 2027

Market Outlook

Reactive diluents, commonly known as thinners, are usually added to paints, coatings, adhesives and sealants to modify their viscosity or diluency. Reactive diluents are those which become a part of the lacquer by copolymerization. These are also known as rheology modifiers or viscosity modifiers and are primarily used to modify the viscosity of epoxy resins. Reactive diluents also improve the adhesion, stability, tensile strength, thermal stability and other physical and mechanical properties of the solution. They can be used as a substitute for a number of plasticizers in adhesives and can be blended with different types of silane-modified polymers and epoxy polymers. The use of reactive diluents has led to significant reduction in volatile organic compounds emissions and these diluents are compatible with both solvent-based and water-based paints and coatings.

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The global market for reactive diluents is a fragmented market with a number of global players and regional/local players operating in the market. In order to sustain the market competition, manufacturers are focusing on the expansion of their production capacities, especially in Europe, the U.S. and China where there is a significant demand for adhesives, sealants, paints and coatings. Product innovation has also been a major area of concern for reactive diluent manufacturers and they have been focusing on providing customized offerings. However, the global reactive diluents market is expected to face certain challenges such as the rising prices of epoxy resins, which might impact the global demand for reactive diluents. The use of bio-based reactive diluents, such as soyabean-based reactive diluents, is foreseen to grow significantly over the outlook period.

Reasons for Covering This Title

The long term outlook of the global demand for reactive diluents is projected to remain positive, expanding with a moderate rate over the forecast period. This can be attributed to the stringent regulations implemented by governments and environmental protection agencies for the emission of volatile organic compounds in the paint, coating and, ink industries and their harmful effect on the environment and human health. A significant reduction has been observed in volatile organic compounds emission with the addition of reactive diluents.

Reactive diluents are increasingly being preferred to improve the tensile strength and other properties of adhesives. With significant growth in paint, coating and ink industries, the global reactive diluents market is also projected to register significant growth.

Global Reactive Diluents Market: Key Players

From the demand side perspective, various factors such as overall diluents production, parent market perspective, adhesives and sealants industry growth, paints, coatings and inks industries growth, ratio that needs to be added, amongst others will be gauged to arrive at base numbers, which will be cross verified with the industry experts through primary interviews. Statistics and data are collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.

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This release was published on openPR.