COVID-19 Pandemic Plays an Adversary to Growth of Anti-settling Agents Market till Outbreak Subsides: Fact.MR

CITY, Country, 2021-Feb-22 — /EPR Network/ —

Anti-settling agents are those additives or combination of chemicals which, after addition, increase the shelf life and solidification of coating formulation and paints. These anti-settling agents, by evolving sturdy and lingering adhesive body, increases the thickness of paints. Anti-settling agent improves the physical properties of coatings and paints by slowing down the liquidation and keeping the same consistency. These type of agents helps in improving and maintaining the high quality of coatings and paints.

High surface activity anti-settling agents aids to sling the non-organic materials with oil as well as water like clay, iron oxide and zinc oxide. Generally, Anti-settling agents like fumed silica or pyrogenic silica is used in the film to hold on the color and other purposes as well. Demand for the anti-settling agent Fumed silica, has been increased by formulators, due to its unique propensity of maintaining the color in coatings and paints.  Moreover, fumed silica minimize the wetting and increases the stability of films.

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Bentonite is another example of anti-settling agent. Benefits other than the anti-settling agent, it works as thicker in coatings. Poly olefin particle also used as anti-settling agents which provides excellent pigment deferral properties and anti-sagging properties. Anti-settling agents are having outstanding performance in the industry of paints and coatings because of their different properties.

There are the basic properties and limitations of the anti-settling agents which are creating a hike in the market. Anti-settling agents showed great results to the formulators which resulted as an increase in production, procurement and demand in the market. Worldwide growth in the real estate and housing increasing the demand for the paints along with the anti-settling agents.

On the other hand, there are various limitations posed by smoothly produced brush marks, Poor transparency and deep color, on the applications of these anti-settling agents.  The Market is inclining towards positive growth. The demand can be created by upgrading the products or by developing new products to provide a great experience to end-users.

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COVID-19 Impact on Anti-settling Agents market

COVID-19 pandemic has forced countries to impose lockdowns and strict social distancing measures across the globe, flattening the global economic curve. This situation has restricted the manufacturing of non-essential products from petrochemical, oil & gas, automotive and chemical industry limiting the global demand for anti-settling agents. Due to COVID-19 pandemic, disruption in global supply chain has halted the operations of building & construction and paints & coatings industry restraining the overall growth of anti-settling agents market.

The plant shutdowns in Europe, Asia and North America in the second quarter of 2020 has reduced the production scale of the chemicals, petrochemicals, oil & gas, automotive and agrochemicals industries leading to a drop in production of anti-settling agents. However, uplifting of lockdown in regions of high demand is showing a ray of hope for the anti-settling agents market to bounce back strongly and reach it desired potential.

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The anti-settling agents market is segmented based on source, form, nature, use-case, application and end-use industry.

The anti-settling agents market is segmented based on source as

  • Natural
  • Synthetic

The anti-settling agents market is segregated based on the form as

  • Solid
  • Paste
  • Liquid

The anti-settling agents market has been segmented based on nature as

  • Anionic
  • Cationic
  • Mixed

The anti-settling agents market has been segmented on the use-case as

  • Aqueous
  • Solvents
  • Oils
  • Others

Based on applications, the anti-settling agents market has been segmented into,

  • Paints
    • Turpentine Soluble Acrylic Paint
    • NAD Paint
    • Thermo-setting paints
    • Environment-responsive paints
  • Inks
  • Cement Slurry Stabilization
  • Others

Based on end-use, the anti-settling agents market is segmented into,

  • Building & Construction Industry
  • Oil & Gas Industry
  • Paints & Coatings Industry
  • Others

Based on Region, the anti-settling agents market has been segmented into,

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa

Anti-settling agents: Regional Outlook

Regions are divided into 6 major regions like North America, Latin America, Europe, East Asia, South Asia & Oceania and Middle East & Africa based on manufacturing, usage and exporting,.

Regionally, Evolving countries such as China, India and Africa etc. are creating demand for the anti-settling agents due to great developments. Countries with high population and less country area are looking for the multilevel building with long stability.

The Asia Pacific is having positive growth in real estate and the housing industry. It is expected to face flying demand curve for the coating and paints along with anti-settling agents in the Asia Pacific region. There is a boom in the real estate industry of North America due to fast development of infrastructure which will positively impact on the growth in the demand for the anti-settling agents can be seen easily followed by Europe. The Demand can be moderate in Latin America and Middle East Africa (MEA).

Anti-settling agents Market: Key Players

Many players are providing low-cost anti-settling agents products & services to their customers worldwide. Major Key players are. PT Indoreksa LokaMandiri,  Harmony Additive Pvt. Ltd., Evonik Industries AG, BYK Additives & Instruments, Kusumoto Chemicals, Ltd.,  K-Tech (India) Pvt. Ltd., BASF SE, Ester Chemical Industries Pvt. Ltd, Rank Additives Pvt. Ltd. and Elementis Plc., Lysurf Chemical Co. Ltd.

The research report presents a comprehensive assessment of the Anti-settling Agents market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Anti-settling Agents market report provides analysis and information, according to market segments such as geographies, product type, material type and end-use.

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