Reactive Diluents Market to exceed USD 1.9 Billion by 2032, Says Global Market Insights inc.
Reactive Diluents Industry size is expected to register 6.3% CAGR between 2024 and 2032 propelled by increasing demand for eco-friendly formulations.
Selbyville, Delaware , July 03, 2024 (GLOBE NEWSWIRE) — Reactive Diluents Market is estimated to be valued at over USD 1.9 billion by the end of 2032, as per a
Europe to emerge as a lucrative market
Europe reactive diluents market is estimated to attain substantial valuation by 2032 due to their increasing application in adhesives, sealants, and composites. These diluents are actively improving product performance by enhancing adhesive strength and flexibility while reducing environmental impacts. Industries are progressively integrating reactive diluents into formulations to meet stringent regulatory standards and consumer preferences for sustainable products. Moreover, the demand for reactive diluents in Europe will continue to grow as these industries innovate to develop advanced adhesive and composite materials. Increasing advancements in technology and chemistry will further elevate the role of reactive diluents for enhancing the durability and eco-friendliness of adhesive and composite products across the European market.
Reactive Diluents Market Participants
Some of the prominent reactive diluents industry players include ADEKA CORPORATION, Aditya Birla Chemicals, Arkema, Atul Ltd, BASF SE, Bodo Möller Chemie GmbH, Cargill, DIC CORPORATION, Evonik Industries, GEO Specialty Chemicals, Huntsman International LLC., and NIPPON SHOKUBAI CO., LTD. These firms are actively adopting several growth-driven strategies like partnerships, acquisitions, investments, capacity expansions and product portfolio expansions to gain competitive benefits. For example, in February 2024, DCM Shriram, a renowned Indian chemical firm, invested Rs. 1,000 crores on greenfield epoxy resin plant to mark it entry into advanced materials.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
CONTACT: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: [email protected]
