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Reactive Diluents Market by Type (Aliphatic, Aromatic, Cycloaliphatic), Application (Paints & Coatings, Composites, Adhesives & Sealants), Region (APAC, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2025

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Date: 05-Jun-2020
No. of pages: 147
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“Growth of the global construction sector is driving the overall reactive diluents market.”

The global reactive diluents market size is expected to grow from USD 952 million in 2020 to 1,309 by 2025, at a Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period. The market is driven by various factors, such as increasing demand for paints and coatings, especially from the construction and automotive industries and the demand for composites from electronics, aerospace, and wind turbine industries. However, outbreak of the novel coronavirus (COVID-19) pandemic,stringent regulations related to the production of epoxy resin and the volatile price of raw materials of epoxy resin can restrain the growth of the market.

“The aliphatic reactive diluent type is expected to grow at the highest rate during the forecast period.”

The aliphatic type is projected to be the fastest-growing segment in the reactive diluents market during the forecast period. This growth can be attributed to the widespread use of aliphatic reactive diluents in major end-use industries,such as building & construction and automotive.This widespread use is due to the low cost of raw materials. The manufacturing process for aliphatic reactive diluents is also simple.

“The paints & coatings segment is expected to hold the largest market share during the forecast period.”

By application, the reactive diluents market is majorly divided into paints & coatings, composites, adhesives & sealants, and others.The paints & coatings application is expected to account for the largest share of the reactive diluents market. The consumption of reactive diluents in this application is high due to their superior properties, such as low VOC content, low viscosity, chemical resistance, and superior mechanical and electrical properties.

“APAC is expected to register the highest growth during the forecast period.”

APAC is expected to register the highest growth during the forecast period due to the increasing industrialization and urbanization. The increasing developments in the building & construction and automotive industries and the growing use of composites in emerging countries of the region are providing huge growth opportunities for the reactive diluents market.

In-depth interviews were conducted with chief executive officers marketing directors, other innovation and technology directors, and executives from various key organizations operating in reactive diluents market.


  • By Company Type - Tier 1: 25%, Tier: 50%, and Tier 3: 25%

  • By Designation - D Level: 30%, C Level: 20%, Others: 50%

  • By Region – Europe: 30%, APAC: 25%, North America: 20%, South America: 15%,Middle East & Africa: 10%


The reactive diluents market contains major players, such as Hexion (US), Huntsman Corporation (US), Kukdo Chemical (South Korea), Aditya Birla Chemicals (India), Evonik Industries (Germany), Adeka Corporation (Japan), Cargill (US), EMS-Griltech (Switzerland), Olin Corporation (US),Sachem (US), Arkema(France), Bluestar Wuxi Petrochemical (China), Atul Chemicals (India), Cardolite (US), DIC Corporation (Japan), Hubei Phoenix Chemical Company (China), Ipox Chemicals (Hungary), Sakamoto Yakuhin Kogyo (Japan), Geo Specialty Chemicals (US), BASF SE (Germany), Nippon Shokubai Co. Ltd (Japan), Air Products and Chemicals (US), Royce (US), King Industries (US), and Leuna-Harze (Germany).The study includes an in-depth competitive analysis of these key players in the reactive diluents market, with their company profiles, recent developments, and key market strategies.

Research Coverage

The market study covers the reactive diluents market across segments. The market has been segmented based on type, application, and region. The report also includes the study to define, describe, and forecast the market based on various segmentations and strategically analyze the market segments with respect to individual growth trends, growth prospects, and contribution to the total market.

Key Benefits Of Buying The Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall reactive diluents market. This report will also help the stakeholders in obtaining an improved understanding of their competitors and gain insights about their businesses. This will help them in understanding the key market drivers, restraints, challenges, and opportunities.

Reactive Diluents Market by Type (Aliphatic, Aromatic, Cycloaliphatic), Application (Paints & Coatings, Composites, Adhesives & Sealants), Region (APAC, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2025

Table of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered For The Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.3.1 Reactive Diluents Market Analysis Through Primary Interviews
2.4 Limitations
2.5 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities In Reactive Diluents Market
4.2 Reactive Diluents Market, By Type
4.3 Reactive Diluents Market, By Application
4.4 Reactive Diluents Market, By Key Countries
4.5 Apac Reactive Diluents Market, By Application And Country, 2019

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth Of The Global Construction Industry
5.2.1.2 Increasing Use Of Composite Materials
5.2.2 Restraints
5.2.2.1 Growing Popularity Of Alternative Resins
5.2.2.2 Stringent Regulations Related To The Production Of Epoxy Resin
5.2.3 Opportunities
5.2.3.1 Rapid Industrialization In Emerging Economies
5.2.4 Challenges
5.2.4.1 Volatile Price Of Raw Materials Of Epoxy Resin
5.3 Porter’s Five Forces
5.3.1 Threat Of Substitutes
5.3.2 Bargaining Power Of Suppliers
5.3.3 Threat Of New Entrants
5.3.4 Bargaining Power Of Buyers
5.3.5 Intensity Of Competitive Rivalry
5.4 Impact Of Covid-19 Pandemic On Reactive Diluents Market
5.5 Macroeconomic Indicators
5.5.1 Global Gdp Trends And Forecasts
5.5.2 Trends In Automotive Industry
5.6 Patent Analysis
5.6.1 Methodology
5.6.2 Patents Applied And Registered

6 Reactive Diluents Market, By Type
6.1 Introduction
6.2 Aliphatic Reactive Diluents
6.2.1 Most Widely Consumed Reactive Diluent Type
6.3 Aromatic Reactive Diluents
6.3.1 Different Molecular Structure Lead To Improved Viscosity
6.4 Cycloaliphatic Reactive Diluents
6.4.1 Provide Increased Viscosity Reduction In Formulations

7 Reactive Diluents Market, By Application
7.1 Introduction
7.2 Paints & Coatings
7.2.1 Largest Application Of Reactive Diluents
7.3 Composites
7.3.1 Growing Usage Of Composite Materials As A Substitute For Traditional Products To Boost The Market
7.4 Adhesives & Sealants
7.4.1 Extensive Use Of Epoxy Adhesives As Structural Adhesives To Drive The Market
7.5 Others

8 Reactive Diluents Market, By Region
8.1 Introduction
8.2 Apac
8.2.1 China
8.2.1.1 Growing Demand For Paints And Coatings To Have A Positive Impact On The Market
8.2.2 India
8.2.2.1 Growing Construction And Composites Sectors To Propel The Market
8.2.3 Japan
8.2.3.1 Increasing Automobile Production To Boost The Market
8.2.4 South Korea
8.2.4.1 South Korea’s Economic Growth Driving The Reactive Diluents Market
8.2.5 Australia
8.2.5.1 Australia To Register The Slowest Growth In The Apac Reactive Diluents Market
8.2.6 Rest Of Apac
8.3 North America
8.3.1 Us
8.3.1.1 Composites And Paints & Coatings Applications To Drive The Reactive Diluents Market
8.3.2 Canada
8.3.2.1 Recovery Of The Country’s Economy Favorable For Market Growth
8.3.3 Mexico
8.3.3.1 Construction And Automobile Industries To Help In The Market Growth
8.4 Europe
8.4.1 Germany
8.4.1.1 Presence Of A Strong Industrial Base Likely To Drive The Market
8.4.2 France
8.4.2.1 Growing Paints & Coating Application To Boost The Market
8.4.3 Uk
8.4.3.1 Growth Of The Construction Sector To Spur The Demand For Reactive Diluents
8.4.4 Italy
8.4.4.1 Paints & Coatings Application To Fuel The Market
8.4.5 Spain
8.4.5.1 Growth Of Various Industries To Propel The Market In The Country
8.4.6 Russia
8.4.6.1 Automotive And Construction Sectors To Contribute To The Market Growth
8.4.7 Rest Of Europe
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.1.1 Increasing Investments In Infrastructure To Spur The Demand For Reactive Diluents
8.5.2 Uae
8.5.2.1 Uae’s Growing Infrastructure To Drive The Reactive Diluents Demand
8.5.3 South Africa
8.5.3.1 Increased Investment In Construction Industry Boosting The Market
8.5.4 Rest Of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.1.1 A Lucrative Market For Reactive Diluents With A Growing Industrial Sector
8.6.2 Argentina
8.6.2.1 Recovery In Argentina’s Economy To Favor The Growth Of The Reactive Diluents Market
8.6.3 Rest Of South America

9 Competitive Landscape
9.1 Introduction
9.2 Competitive Leadership Mapping, 2019
9.2.1 Visionary Leaders
9.2.2 Innovators
9.2.3 Dynamic Differentiators
9.2.4 Emerging Players
9.2.5 Strength Of Product Portfolio
9.2.6 Business Strategy Excellence
9.3 Ranking Of Key Players
9.4 Competitive Scenario
9.4.1 New Product Launch
9.4.2 Investment & Expansion
9.4.3 Partnership

10 Company Profile
10.1 Hexion
10.1.1 Business Overview
10.1.2 Products Offered
10.1.3 Recent Developments
10.1.4 Swot Analysis
10.1.5 Current Focus And Strategies
10.1.6 Right To Win
10.2 Huntsman
10.2.1 Business Overview
10.2.2 Products Offered
10.2.3 Recent Developments
10.2.4 Swot Analysis
10.2.5 Current Focus And Strategies
10.2.6 Right To Win
10.3 Aditya Birla Chemicals
10.3.1 Business Overview
10.3.2 Products Offered
10.3.3 Swot Analysis
10.3.4 Current Focus And Strategies
10.3.5 Right To Win
10.4 Kukdo Chemicals
10.4.1 Business Overview
10.4.2 Products Offered
10.4.3 Recent Developments
10.4.4 Swot Analysis
10.4.5 Current Focus And Strategies
10.4.6 Right To Win
10.5 Evonik Industries
10.5.1 Business Overview
10.5.2 Products Offered
10.5.3 Recent Developments
10.5.4 Swot Analysis
10.5.5 Current Focus And Strategies
10.5.6 Right To Win
10.6 Adeka Corporation
10.6.1 Business Overview
10.6.2 Products Offered
10.6.3 Mnm View
10.7 Cargill
10.7.1 Business Overview
10.7.2 Products Offered
10.7.3 Nm View
10.8 Ems-Griltech
10.8.1 Business Overview
10.8.2 Products Offered
10.8.3 Mnm View
10.9 Olin Corporation
10.9.1 Business Overview
10.9.2 Products Offered
10.9.3 Mnm View
10.10 Sachem
10.10.1 Business Overview
10.10.2 Products Offered
10.10.3 Mnm View
10.11 Other Companies
10.11.1 Atul
10.11.2 Arkema
10.11.3 Bluestar Wuxi Petrochemical
10.11.4 Cardolite
10.11.5 Dic Corporation
10.11.6 Hubei Phoenix Chemical Company
10.11.7 Ipox Chemicals
10.11.8 King Industries
10.11.9 Leuna-Harze
10.11.10 Royce
10.11.11 Sakamoto Yakuhin Kogyo
10.11.12 Air Products And Chemicals Inc.
10.11.13 Basf Se
10.11.14 Geo Specialty Chemicals
10.11.15 Nippon Shokubai Co. Ltd.

11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets  Subscription Portal
11.3 Available Customizations
11.4 Related Reports
11.5 Author Details

List of Tables

Table 1 Household Disposable Income, Net Annual Growth Rate (%)
Table 2 Projected Gdp Percentage Change Of Key Countries, 2020-2024
Table 3 Automobile Production Statistics, By Country, 2014–2018 (Units)
Table 4 List Of Patents By 3m Innovative Properties Company
Table 5 List Of Patents By Hilti Corporation
Table 6 List Of Patents By Chengdu Nashuo Technology Company
Table 7 List Of Patents By Dow Global Technologies Llc
Table 8 Reactive Diluents Market Size, By Type, 2018–2025 (Kiloton)
Table 9 Reactive Diluents Market Size, By Type, 2018–2025 (Usd Million)
Table 10 Reactive Diluents Market Size, By Application, 2018–2025 (Kiloton)
Table 11 Reactive Diluents Market Size, By Application, 2018–2025 (Usd Million)
Table 12 Reactive Diluents Market Size In Paints & Coatings, By Region,  2018–2025 (Ton)
Table 13 Reactive Diluents Market Size In Paints & Coatings, By Region,  2018–2025 (Usd Thousand)
Table 14 Reactive Diluents Market Size In Composites, By Region, 2018–2025 (Ton)
Table 15 Reactive Diluents Market Size In Composites, By Region,  2018–2025 (Usd Thousand)
Table 16 Reactive Diluents Market Size In Adhesives & Sealants, By Region,  2018–2025 (Ton)
Table 17 Reactive Diluents Market Size In Adhesives & Sealants, By Region, 2018–2025 (Usd Thousand)
Table 18 Reactive Diluents Market Size In Other Applications, By Region,  2018–2025 (Ton)
Table 19 Reactive Diluents Market Size In Other Applications, By Region,  2018–2025 (Usd Thousand)
Table 20 Reactive Diluents Market Size, By Region, 2018–2025 (Kiloton)
Table 21 Reactive Diluents Market Size, By Region, 2018–2025 (Usd Million)
Table 22 Apac: Reactive Diluents Market Size, By Country, 2018–2025 (Kiloton)
Table 23 Apac: Reactive Diluents Market Size, By Country, 2018–2025 (Usd Million)
Table 24 Apac: Reactive Diluents Market Size, By Application, 2018–2025 (Kiloton)
Table 25 Apac: Reactive Diluents Market Size, By Application, 2018–2025 (Usd Million)
Table 26 China: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 27 China: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 28 India: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 29 India: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 30 Japan: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 31 Japan: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 32 South Korea: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 33 South Korea: Reactive Diluents Market Size, By Application, 2018–2025 (Usd Thousand)
Table 34 Australia: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 35 Australia: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 36 Rest Of Apac: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 37 Rest Of Apac: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 38 North America: Reactive Diluents Market Size, By Country,  2018–2025 (Kiloton)
Table 39 North America: Reactive Diluents Market Size, By Country,  2018–2025 (Usd Million)
Table 40 North America: Reactive Diluents Market Size, By Application,  2018–2025 (Kiloton)
Table 41 North America: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Million)
Table 42 Us: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 43 Us: Reactive Diluents Market Size, By Application, 2018–2025 (Usd Thousand)
Table 44 Canada: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 45 Canada: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 46 Mexico: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 47 Mexico: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 48 Europe: Reactive Diluents Market Size, By Country, 2018–2025 (Kiloton)
Table 49 Europe: Reactive Diluents Market Size, By Country, 2018–2025 (Usd Million)
Table 50 Europe: Reactive Diluents Market Size, By Application, 2018–2025 (Kiloton)
Table 51 Europe: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Million)
Table 52 Germany: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 53 Germany: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 54 France: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 55 France: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 56 Uk: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 57 Uk: Reactive Diluents Market Size, By Application, 2018–2025 (Usd Thousand)
Table 58 Italy: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 59 Italy: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 60 Spain: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 61 Spain: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 62 Russia: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 63 Russia: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 64 Rest Of Europe: Reactive Diluents Market Size, By Application,  2018–2025 (Ton)
Table 65 Rest Of Europe: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 66 Middle East & Africa: Reactive Diluents Market Size, By Country,  2018–2025 (Ton)
Table 67 Middle East & Africa: Reactive Diluents Market Size, By Country,  2018–2025 (Usd Thousand)
Table 68 Middle East & Africa: Reactive Diluents Market Size, By Application,  2018–2025 (Ton)
Table 69 Middle East & Africa: Reactive Diluents Market Size, By Application, 2018–2025 (Usd Thousand)
Table 70 Saudi Arabia: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 71 Saudi Arabia: Reactive Diluents Market Size, By Application, 2018–2025 (Usd Thousand)
Table 72 Uae: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 73 Uae: Reactive Diluents Market Size, By Application, 2018–2025 (Usd Thousand)
Table 74 South Africa: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 75 South Africa: Reactive Diluents Market Size, By Application, 2018–2025 (Usd Thousand)
Table 76 Rest Of Middle East & Africa: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 77 Rest Of Middle East & Africa: Reactive Diluents Market Size, By Application, 2018–2025 (Usd Thousand)
Table 78 South America: Reactive Diluents Market Size, By Country, 2018–2025 (Ton)
Table 79 South America: Reactive Diluents Market Size, By Country,  2018–2025 (Usd Thousand)
Table 80 South America: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 81 South America: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 82 Brazil: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 83 Brazil: Reactive Diluents Market Size, By Application,  2018–2025 (Usd Thousand)
Table 84 Argentina: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 85 Argentina: Reactive Diluents Market Size, By Application, 2018–2025 (Usd Thousand)
Table 86 Rest Of South America: Reactive Diluents Market Size, By Application, 2018–2025 (Ton)
Table 87 Rest Of South America: Reactive Diluents Market Size, By Application, 2018–2025 (Usd Thousand)
Table 88 New Product Launch (2015-2020)
Table 89 Investment & Expansion (2015-2020)
Table 90 Partnership (2015-2020)

List of Figures

Figure 1 Reactive Diluents Market: Research Design
Figure 2 Reactive Diluents Market: Data Triangulation
Figure 3 Reactive Diluents Market Analysis Through Secondary Interviews
Figure 4 Aliphatic To Be The Leading Type Of Reactive Diluents
Figure 5 Paints & Coatings Application Dominated The Market In 2019
Figure 6 Apac Reactive Diluents Market To Register The Highest Cagr
Figure 7 Significant Growth Projected In N The Market Between 2020 And 2025
Figure 8 Aliphatic To Be The Dominant Reactive Diluent Type
Figure 9 Paints & Coatings To Be The Largest Application
Figure 10 India To Register Highest Cagr During The Forecast Period
Figure 11 China And Paints & Coatings Segment Accounted For The Largest Shares
Figure 12 Drivers, Restraints, Opportunities, And Challenges In Reactive Diluents Market
Figure 13 Reactive Diluents Market: Porter’s Five Forces Analysis
Figure 14 Reactive Diluents Patents Published Trend, 2015-2019
Figure 15 Patents Jurisdiction Analysis
Figure 16 Top Applicants Of Reactive Diluents Patents
Figure 17 Aliphatic To Be The Leading Type Of Reactive Diluents
Figure 18 Paints & Coatings To Be The Largest Application Of Reactive Diluents
Figure 19 Apac To Be The Largest And Fastest-Growing Reactive Diluents Market
Figure 20 Apac: Reactive Diluents Market Snapshot
Figure 21 North America: Reactive Diluents Market Snapshot
Figure 22 Europe: Reactive Diluents Market Snapshot
Figure 23 Companies Adopted New Product Launch As The Key Growth Strategy Between 2015 And 2020
Figure 24 Reactive Diluents Market: Competitive Leadership Mapping, 2019
Figure 25 Product Portfolio Analysis Of Top Players In Reactive Diluents Market
Figure 26 Business Strategy Excellence Of Top Players In Reactive Diluents Market
Figure 27 Hexion Led The Market In 2019
Figure 28 Hexion: Company Snapshot
Figure 29 Hexion: Swot Analysis
Figure 30 Huntsman: Company Snapshot
Figure 31 Huntsman: Swot Analysis
Figure 32 Swot Analysis: Aditya Birla Chemicals
Figure 33 Kukdo Chemicals: Company Snapshot
Figure 34 Kukdo Chemicals: Swot Analysis
Figure 35 Evonik Industries: Company Snapshot
Figure 36 Evonik Industries: Swot Analysis
Figure 37 Adeka Corporation: Company Snapshot
Figure 38 Cargill: Company Snapshot
Figure 39 Olin Corporation: Company Snapshot

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