Organic Dispersants Market Size

Organic Dispersants Market size was over USD 5.28 Billion in 2023 and is expected to reach USD 10.58 Billion by the end of 2036, growing at around 5.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of organic dispersants is assessed at USD 5.54 Billion. One of the most significant growth factors, driving the growth of this market is the increasing demand for organic dispersants in the real estate and construction industry. Day by day, the real estate and construction industry is rising in developing countries which is a further leading rise in this market.  As per data, China is planning to exceed its railway line by 80,000 km in the coming years.

Additionally, the increasing demand for organic dispersants in the automotive industry is widely driving the growth of this market. Organic dispersants are used in the automotive industry in various ways such as it is used in painting and coating the automobile, used as lubricating oil for engines, and many more applications are there. As per the International Organization for Vehicle Motor Manufacturers, commercial vehicle production has grown 31.4% at  5731162 units in 2020 as compared to 4360475 units in 2019.