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Reactive Diluents Market: Introduction

Reactive diluents are chemicals consisting low viscosity glycidyl ethers of short chain aliphatic alcohols or alkyphenols. These are used to reduce the viscosity of epoxy resins, and in epoxy phenol novolac resins to improve handling and ease of processing in various applications. Reactive diluents also enhance properties such as tensile strength, thermal stability, adhesion, and filter loading. Epoxy resins are majorly used for manufacturing paints & coating, adhesives & sealants, and composites. Reactive diluents are suitable for waterborne and solvent-based paints and coatings. These diluents decrease the release of volatile organic compounds (VOCs). End-use industries of reactive diluents include automotive, wind energy, and electrical & electronics. Demand for epoxy resin is anticipated to increase due to the increase in end-use application industries during the forecast period. This, in turn, is likely to propel the demand for reactive diluents globally. However, rise in use of low cost substitute such as phenolic resins and stringent regulatory norms regarding the use of epoxy resins are expected to restrain the reactive diluents market.

Reactive Diluents Market: Segmentation

The global reactive diluents market can be segmented based on type, application, and region. In terms of type, the reactive diluents market can be divided into aliphatic, aromatic, and cycloaphatic. Aliphatic reactive resins production has comparatively low raw material cost and easy operations. Additionally, it is widely employed in end-use industries and hence, aliphatic is anticipated to be a highly attractive segment of the reactive diluents market during the forecast period. Based on application, the global reactive diluents market can be segregated into adhesives, paints & coatings, composites, and others, which includes casting, potting and encapsulation of electronics components, and tooling. Rapid urbanization and rising population is expected to boost the demand for paints & coating in forecast period. Hence, the paints & coating segment is projected to dominate the reactive diluents market during the forecast period.

Reactive Diluents Market: Region wise Outlook

In terms of region, the global reactive diluents market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The reactive diluents market in Asia Pacific is anticipated to expand at a considerable pace due to increase in population, rapid urbanization, and rise in standard of living. Additionally, growth in the automobile industry in China and electronics industry in countries such as Taiwan, South Korea, and Japan is estimated to boost the demand for reactive diluent in the region. Increase in construction and renovation activities in North America is expected to drive the demand for reactive diluents during the forecast period. Europe is mature region for the reactive diluents smarket led by the presence of a well-established automotive industry and expansion in the microelectronic industry. Demand for reactive diluents is expected to increase in Latin America due to the growth in the construction industry and rise in economy of Brazil and Mexico. Rise in building & construction activities to increase tourism is anticipated to drive the demand for reactive diluents in Middle East & Africa during the forecast period.

Reactive Diluents Market: Competitive Landscape

Major players in the global reactive diluents market include Hexion (the U.S.), Huntsman (the U.S.), Aditya Birla Chemicals (India), Kukdo Chemicals (South Korea), Evonik Industries (Germany), Adeka Corporation (Japan), EMS-Griltech, Olin Corporation (the U.S.), Sachem (the U.S.), UL LLC (the U.S.), Arkema SA (France), Nippon Shokubai Co., LTD (Japan), ADEKA CORPORATION (Japan), and EMS-CHEMIE HOLDING AG (Switzerland), Bodo Moeller Chemie GmbH (Germany), and Ipox Chemicals GmbH (Germany). 

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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

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Below is a snapshot of these quadrants.

1. Customer Experience Map

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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Reactive Diluents Market