New York, NY -- (SBWIRE) -- 09/25/2018 -- Paints and coatings industry forms an integral part of the society. One of the most important materials used in the paints and coatings industry is pigments. The pigments need to be dispersed and stabilized in the formulation with the use of dispersing agents, also known as pigment dispersants. Pigment dispersants perform specialized functions to retain the color strength, stable viscosity, gloss, avoiding particle sedimentation, enhanced stability of dispersed particles along with providing optimum pigment particle size. Pigment dispersants are expected to work in synergy along with the other raw materials of the formulation.

Pigment dispersants for solvent based systems have high concentrations of VOC (Volatile Organic Compound). With advancing technology, certain pigment dispersants not only reduce the VOC content, but also improve the rheology and offer significantly reduced viscosity along with offering thermal stability.

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The paints and coatings industry is highly affected by environmental policies. Policies like the "Decopaint'' Directive (2004/42/EC) by the European Commission has affected the solvent based systems due to their high VOC content. However, the pigment dispersant manufacturers have adopted to such policies and developed VOC compliant pigment dispersants for the water-based, high solids-based and 100% solids-based systems. Such factors act as a benefit for the pigment dispersants for these systems while posing a restraint for the pigment dispersants for solvent-based systems.

Investments in research, development and innovation drives the market and many companies, like Palsgaard A/S, have commercialized its innovative vegetable-based pigment dispersants to ensure optimum pigment and other additives distribution.

The pigment dispersants market is dominated by some well-established players. However, there exists a wide presence of small- and medium-scale pigment dispersants manufacturers. Some of the market participants in the global pigment dispersants market identified across the value chain include BASF SE, King Industries Inc., The Dow Chemical Company, Ethox Chemicals LLC., Solvay S.A., The Lubrizol Corporation, Elementis plc, Kao Corporation, Palsgaard A/S, Milliken Chemical, ZSCHIMMER & SCHWARZ.

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The research report presents a comprehensive assessment of the 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 research report provides analysis and information according to market segments such as geographies, application, and industry.