Quest for Better Performance to Bolster Reactive Diluents Market
Using reactive diluents results in better performance of various products by improving thermal stability, tensile strength, adhesion, and other physical attributes.
The demand for reactive diluents was sluggish in 2020, but according to a report from Future Market Insights, industry stakeholders are optimistic regarding its quick recovery. In the first half of 2020, demand for reactive diluents dropped by 40% compared to the same period in the prior year. However, since reactive diluents are used to improve the consistency of adhesives, sealants, and coatings in myriad applications, they are in high demand across a multitude of sectors (e.g., building and construction, automotive, and electronics, among others). The study authors see this as chief driver of the reactive diluents market, which is expected to grow at a positive pace from 2020-2030.
Using reactive diluents results in better performance of various products by improving thermal stability, tensile strength, adhesion, and other physical attributes. Due to their robust compatibility with water- and solvent-based products, the demand for reactive diluents will grow through the course of the forecast period.