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Reactive diluents are substances which are used in reducing viscosity of lacquer for processing along with becoming part of lacquer during curing via copolymerization. It acts a replacement of volatile diluents and offers smell, skin irritation, flammability and environment compatibility can be improved. Growing concerns over environmental damage has led to rise in need for low VOC and emission based products which will accelerate industry growth.
Growing application scope of reactive diluents and modifiers in coating, binders, sealants and adhesives will have positive impact on industry growth. It is also used in concrete flooring, sealants, construction adhesives & sealants and traffic stripping. Companies are focusing on research activities to develop novel products which would further accelerate industry growth. In November 2015, Evonik Industries launched silane modified polymers with cross linking functions which releases ethanol during curing process and decrease adhesives & sealants viscosity. Such products helps in increasing hardness and tensile strength, improve cure through properties and decrease formulation and polymer viscosity in roof sealing, flooring adhesives and assembly adhesives.
The report analyses the global reactive diluents market based on type, application and geography
Various type studied are segmented into aliphatic, aromatic, cycloaliphatic. Aliphatic reactive diluents observe fastest growth in reactive diluents market owing to easy manufacturing process and cost effectiveness. It is widely used in aerospace, automobile and wind energy industries. Expanding automotive and aerospace industry owing to high investments will promote industry size.
Furthermore, the major application considered in the study is adhesives & sealants, paints & coatings, plastics & composites. Reactive diluents find large application in epoxy resins manufacturing which forms as a raw material for paints & coating, adhesives & sealants and polymers. It is widely used in paints & coatings formulation to lower viscosity and increase applicability along with reducing VOC content and has compatibility with solvent as well as water based coating systems. Growing paints & coatings demand in construction and automotive industry for aesthetic appeal will promote product demand.
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. Asia Pacific driven by India, Japan and China reactive diluents market will show robust growth in 2019. Increase in product usage in end-use industry such as automotive, construction and aerospace is likely to have positive impact on regional industry growth. Growing importance of environment compliance along with upgradation in local government norms especially concerning with VOC remission will further boost regional market growth.
The key players in the reactive diluents market share are Huntsman, Aditya Birla Chemicals, Kukdo Chemicals, Evonik Industries, Adeka Corporation, Cargill, Ems-Griltech, Olin Corporation Sachem, Arkema, Ipox Chemicals, BASF SE, Geo Specialty Chemicals. Major players in the competitive landscape are engaged in strategic partnerships, acquisition and collaboration. Companies are engaged in developing green diluents to arrest VOC emission will enhance product offering to cater growing demand.
In February 2019, BASF launched vinyl monomer for UV curing products in coating and printing industry. Innovative VMOX reactive diluent is easy in handling, favourable toxicology profile. It has wide application potential in high performance oils, adhesives, biocides, printing inks and flavouring.
The report analyses the global reactive diluents market based on type, application and geography. Various type studied are segmented into aliphatic, aromatic, cycloaliphatic. Furthermore, the major application considered in the study is adhesives & sealants, paints & coatings, plastics & composites.
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America comprises of U.S., Canada and Mexico. Whereas, Europe covers UK, France, Germany, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China, India, Japan and Rest of Asia Pacific. The Rest of the world include Latin America and Middle East & Africa.
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