Sodium Naphthalene Sulphonate Formaldehyde

Sodium Naphthalene Sulphonate Formaldehyde Market Outlook

The global Sodium Naphthalene Sulphonate Formaldehyde Market is projected to reach USD 4.5 billion by 2035, growing at a compound annual growth rate (CAGR) of 6.2% during the forecast period from 2025 to 2035. This growth is primarily driven by the increasing demand from the construction sector, particularly for concrete admixtures, which enhance the performance and durability of concrete structures. Moreover, the rising urbanization and infrastructure development in emerging economies, coupled with the need for high-quality building materials, are significantly contributing to the market expansion. The versatility of Sodium Naphthalene Sulphonate Formaldehyde as a dispersant in various applications further bolsters its adoption across multiple industries, enhancing its market potential on a global scale.

Growth Factor of the Market

One of the primary growth factors for the Sodium Naphthalene Sulphonate Formaldehyde market is the escalating demand for high-performance concrete in construction projects. As urban areas continue to expand, there is an increasing need for stronger and more durable materials that can withstand environmental stressors. Additionally, the rapid industrialization and infrastructure development in emerging economies like India and Brazil contribute significantly to the growing consumption of effective concrete admixtures. Furthermore, advancements in chemical manufacturing processes enhance the quality and cost-effectiveness of Sodium Naphthalene Sulphonate Formaldehyde products, attracting more consumers. The rising focus on sustainable construction practices and the use of eco-friendly materials in the construction industry also play a crucial role in driving market growth. Moreover, the expanding application range of Sodium Naphthalene Sulphonate Formaldehyde in industries such as textiles, paints, and pigments further supports its market expansion.

Key Highlights of the Market

• The market is expected to grow significantly, with a CAGR of 6.2% from 2025 to 2035.
• Increasing urbanization and infrastructure projects drive the demand for concrete admixtures.
• Advancements in manufacturing processes enhance product quality and efficiency.
• Sodium Naphthalene Sulphonate Formaldehyde finds applications across multiple industries, including construction, textiles, and paints.
• Emerging economies present lucrative opportunities due to their rapid industrial growth.

By Product Type

Liquid Sodium Naphthalene Sulphonate Formaldehyde:

Liquid Sodium Naphthalene Sulphonate Formaldehyde is widely utilized in various applications, especially as a concrete admixture. Its excellent dispersing properties make it essential for improving the workability and performance of concrete mixtures, reducing water content while maintaining consistency. This form is particularly favored in large-scale construction projects where the demand for high-performance concrete is critical. The liquid variant is also easy to mix and apply, making it a preferred choice among contractors and construction professionals. Additionally, the increasing trend of using liquid additives in the concrete formulation process, driven by the need for higher durability and strength, further contributes to the growth of this segment within the Sodium Naphthalene Sulphonate Formaldehyde market.

Powder Sodium Naphthalene Sulphonate Formaldehyde:

Powder Sodium Naphthalene Sulphonate Formaldehyde has gained traction due to its ease of storage and long shelf life, making it a suitable option for various industrial applications. The powdered form is primarily used in the production of concrete admixtures, where it acts as a superplasticizer to enhance fluidity and reduce the necessary amount of water in concrete mixtures. Its capacity to disperse particles effectively enhances the overall quality of concrete, leading to stronger, more durable structures. The powder variant is especially popular among manufacturers who require bulk quantities, as it can be easily transported and handled, thereby facilitating large-scale production processes.

Granular Sodium Naphthalene Sulphonate Formaldehyde:

Granular Sodium Naphthalene Sulphonate Formaldehyde is celebrated for its unique characteristics that cater to specific applications requiring precise dosing and mixing. The granulated form provides enhanced flowability and reduces dustiness during handling, which is a significant advantage in industrial settings. This makes it particularly suitable for use in various concrete applications, where accurate measurement and consistent performance are critical. The granular format also allows for easier incorporation into dry mixes, thereby streamlining the production process for manufacturers and improving the overall quality of the final products.

Flake Sodium Naphthalene Sulphonate Formaldehyde:

Flake Sodium Naphthalene Sulphonate Formaldehyde is another variant that serves particular niches in the market needing specific applications. Its flake form allows for gradual dissolution in solutions, making it ideal for manufacturing processes where controlled mixing is essential. The flakes can be easily integrated into various formulations, including those used in the textile and paint industries. Furthermore, the ease of handling and transportation of the flake version enhances its appeal to industries looking for efficient operational processes. The versatility of this form ensures its continued relevance in the Sodium Naphthalene Sulphonate Formaldehyde market.

Other Forms:

In addition to the aforementioned types, the market also includes various other forms of Sodium Naphthalene Sulphonate Formaldehyde tailored for specific applications and customer requirements. These forms may include specialized blends or formulations optimized for unique industrial needs, such as specific viscosity levels or solubility characteristics. Custom formulations can cater to niche markets, providing manufacturers and consumers with the flexibility to address diverse operational challenges effectively. The availability of these alternative forms further enhances the market's attractiveness, catering to a broader range of applications beyond traditional segments.

By Application

Concrete Admixtures:

The application of Sodium Naphthalene Sulphonate Formaldehyde as a concrete admixture is one of the most significant contributors to market growth. Its role as a superplasticizer enables the production of high-strength concrete by improving workability without increasing water content. This is particularly essential for large-scale construction projects, where the quality and durability of concrete are paramount. Additionally, the use of this admixture enhances the concrete's resistance to cracking and shrinkage, making it suitable for various environmental conditions. As infrastructure development continues to rise globally, the demand for advanced concrete admixtures, including Sodium Naphthalene Sulphonate Formaldehyde, is set to increase.

Dispersants:

Sodium Naphthalene Sulphonate Formaldehyde is widely employed as a dispersant in a variety of industries, including ceramics, paints, and pigments. Its effectiveness in breaking down particle agglomeration ensures a uniform distribution of components within mixtures, which is crucial for achieving the desired product characteristics. This application is particularly important in the manufacturing of paints and coatings, where even distribution of pigments is essential for color consistency and performance. The growing demand for high-quality coatings and the necessity for efficient manufacturing processes continue to drive the use of dispersants in various industrial applications, consequently benefiting the Sodium Naphthalene Sulphonate Formaldehyde market.

Wetting Agents:

Wetting agents, particularly Sodium Naphthalene Sulphonate Formaldehyde, play a critical role in improving the spreading and penetration of liquids in solid materials. This application is essential in industries such as agriculture, where wetting agents facilitate the effective distribution of pesticides and fertilizers. The ability of Sodium Naphthalene Sulphonate Formaldehyde to reduce surface tension makes it an effective choice for these applications, ensuring optimal performance. The increasing focus on agricultural efficiency and crop yield enhancement drives the demand for effective wetting agents, thereby supporting the growth of the Sodium Naphthalene Sulphonate Formaldehyde market.

Dyes & Pigments:

The use of Sodium Naphthalene Sulphonate Formaldehyde in the dyes and pigments sector is notable for its ability to enhance color fixation and uniformity. This application is vital in textile manufacturing, where consistent dye application is necessary for product quality. Additionally, the compound's dispersing properties ensure that pigments are evenly distributed throughout the medium, contributing to vibrant and lasting colors. As the textile industry continues to evolve with growing fashion trends and sustainability efforts, the demand for effective dye and pigment dispersants, including Sodium Naphthalene Sulphonate Formaldehyde, is expected to rise, further propelling market growth.

Others:

Aside from the major applications, Sodium Naphthalene Sulphonate Formaldehyde finds use in various other sectors that require specialized formulations. These could include applications in the food industry as processing aids, or in pharmaceuticals as excipients. The versatility of Sodium Naphthalene Sulphonate Formaldehyde allows it to adapt to different formulations across industries, creating a demand for customized solutions that meet specific operational needs. This adaptability is crucial as industries seek to innovate and improve their products, further expanding the market potential for Sodium Naphthalene Sulphonate Formaldehyde.

By Distribution Channel

Direct Sales:

Direct sales channels play a significant role in the distribution of Sodium Naphthalene Sulphonate Formaldehyde products, allowing manufacturers to establish a direct connection with end-users. This approach facilitates better communication regarding product specifications and applications, enabling customers to make informed decisions. Direct sales also often result in cost savings for consumers, as they can bypass intermediaries and obtain products at more competitive prices. Furthermore, manufacturers can gather valuable customer feedback directly through this channel, which can be instrumental in refining product offerings and enhancing customer satisfaction.

Distributors:

Distributors serve as crucial intermediaries in the Sodium Naphthalene Sulphonate Formaldehyde market, providing access to a broader customer base across various regions. They possess established networks and relationships with end-users, allowing for efficient product distribution and availability. Distributors often stock a range of product types and forms, catering to diverse customer needs and ensuring timely delivery. Additionally, they can provide localized support and expertise, helping customers choose the right products for their specific applications. This distribution channel is essential for fostering market expansion and enhancing product accessibility.

Online Retail:

Online retail has emerged as a dynamic distribution channel for Sodium Naphthalene Sulphonate Formaldehyde, particularly in light of changing consumer behaviors and increasing reliance on digital platforms. E-commerce provides a convenient avenue for customers to explore product offerings, compare prices, and make purchases from the comfort of their homes or workplaces. The ability to access a wide range of suppliers and products enhances competition, often leading to better prices and service options for consumers. As more manufacturers and distributors leverage online platforms, this channel is expected to grow substantially, altering the traditional landscape of product distribution.

Others:

Other distribution channels, including wholesalers and retail stores, also contribute to the Sodium Naphthalene Sulphonate Formaldehyde market. These channels may cater to specific market segments or regional demands, providing additional avenues for product access. Wholesalers typically focus on bulk purchasing, making them an attractive option for large-scale consumers such as construction companies or industrial manufacturers. Retail stores, on the other hand, may target smaller-scale customers or DIY enthusiasts looking for readily available products. The diversity of distribution channels enhances overall market reach and customer accessibility.

By Ingredient Type

Sodium Naphthalene Sulphonate:

Sodium Naphthalene Sulphonate forms the basis of the compound's chemical structure and is integral to its functionality. As a primary ingredient, it plays a critical role in determining the properties and effectiveness of Sodium Naphthalene Sulphonate Formaldehyde in various applications. Its ability to act as a powerful dispersant and plasticizer makes it essential in the production of high-performance concrete and other industrial products. The demand for Sodium Naphthalene Sulphonate is expected to grow alongside the increasing use of Sodium Naphthalene Sulphonate Formaldehyde in applications that require enhanced fluidity and durability.

Formaldehyde:

Formaldehyde, as a key ingredient, contributes to the chemical interactions that enable Sodium Naphthalene Sulphonate to function effectively as a superplasticizer. The presence of formaldehyde enhances the bonding properties of the compound, leading to improvements in concrete strength and durability. As the construction industry continues to prioritize high-quality materials and performance enhancement, the demand for formaldehyde in this context is likely to increase. Additionally, advancements in manufacturing processes aimed at reducing formaldehyde emissions and ensuring safety standards will drive innovation in the market.

Other Chemicals:

Other chemicals included in the formulation of Sodium Naphthalene Sulphonate Formaldehyde serve to optimize its properties for specific applications. These additives can enhance performance characteristics, such as viscosity, solubility, and stability, making the final product more versatile and effective across various industries. The customization of these formulations allows manufacturers to meet specific client needs, ensuring that Sodium Naphthalene Sulphonate Formaldehyde remains relevant in a competitive marketplace. As industries continue to evolve, the demand for specialized chemical formulations will likely grow, contributing to the overall market expansion.

By Region

The Asia Pacific region is anticipated to dominate the Sodium Naphthalene Sulphonate Formaldehyde market, accounting for approximately 45% of the global market share by 2035. The rapid urbanization and infrastructure development across countries like India and China are principal drivers of demand in this region. With significant investments in construction and real estate projects, the need for high-quality concrete admixtures continues to rise. Furthermore, the increased focus on sustainability in construction practices has led to a growing preference for advanced materials such as Sodium Naphthalene Sulphonate Formaldehyde. The CAGR for this region is projected to be around 7.0%, highlighting a robust growth trajectory fueled by these factors.

North America is expected to hold a substantial share as well, with an estimated market size of around USD 1 billion by 2035. The demand for Sodium Naphthalene Sulphonate Formaldehyde in this region is driven by the construction sector's recovery and the emphasis on modernizing infrastructure. The market in North America is projected to grow at a CAGR of 5.5%, attributed to the integration of advanced construction materials in projects aimed at enhancing efficiency and sustainability. Additionally, the presence of established manufacturers and distributors in the region contributes to competitive market dynamics, enabling broader distribution and accessibility of Sodium Naphthalene Sulphonate Formaldehyde products.

Opportunities

The Sodium Naphthalene Sulphonate Formaldehyde market is poised for significant growth opportunities due to the increasing global focus on infrastructure development and urbanization. As governments and private sectors invest heavily in building and upgrading infrastructure, the demand for high-performance concrete is expected to rise substantially. This presents a fruitful opportunity for manufacturers of Sodium Naphthalene Sulphonate Formaldehyde to position their products effectively within the concrete admixture market, catering to the needs of construction projects aiming for enhanced durability and strength. Additionally, the ongoing trend toward sustainable building practices creates further opportunities for innovation, as manufacturers can develop eco-friendly formulations that meet the growing demand for environmentally conscious products.

Furthermore, the expansion of the construction industry in emerging economies presents lucrative growth prospects for Sodium Naphthalene Sulphonate Formaldehyde producers. Countries in Asia Pacific and Latin America are witnessing rapid urbanization, leading to increased demand for infrastructure, housing, and commercial buildings. This trend offers manufacturers the chance to tap into new markets and establish a presence in regions where demand for high-quality materials is rising. Collaborations with local distributors and strategic partnerships can facilitate market entry and enhance product availability, thereby maximizing opportunities in these high-growth regions.

Threats

Despite the promising growth trajectory of the Sodium Naphthalene Sulphonate Formaldehyde market, various threats could impede its progress. One significant concern is the volatility of raw material prices, particularly for formaldehyde and other chemicals used in production. Fluctuations in the cost of these raw materials can impact profit margins and pricing strategies for manufacturers, potentially leading to reduced competitiveness in the market. Additionally, stringent regulations surrounding chemical manufacturing and safety standards may pose challenges for companies striving to comply with evolving industry norms. Non-compliance can lead to legal repercussions, financial penalties, and damage to brand reputation, ultimately hindering market growth.

Another potential threat is the increasing competition from alternative products and substitutes that may offer similar performance characteristics at a lower cost. As industries continue to innovate and explore new materials, there is a risk that Sodium Naphthalene Sulphonate Formaldehyde may face growing competition from these alternatives. Manufacturers must continuously invest in research and development to improve the product's efficacy and differentiate it from substitute options, ensuring that they remain competitive in a rapidly changing market landscape.

Competitor Outlook

• BASF SE
• Fosroc International Limited
• W.R. Grace & Co.
• GCP Applied Technologies Inc.
• Huntsman Corporation
• Sika AG
• Air Products and Chemicals, Inc.
• Arkema S.A.
• Rudolf GmbH
• Lonza Group AG
• Yara International ASA
• Rohm and Haas Company
• Shreeji Chemicals
• Aditya Birla Chemicals
• China National Chemical Corporation

The competitive landscape of the Sodium Naphthalene Sulphonate Formaldehyde market is characterized by the presence of various key players who are actively involved in the production, distribution, and innovation of this chemical compound. These companies range from multinational corporations with established market positions to regional manufacturers looking to capitalize on growing demand. The competitive dynamics are influenced by factors such as product quality, pricing, distribution networks, and the ability to meet evolving customer needs. As the market continues to expand, these companies are likely to engage in strategic collaborations, acquisitions, and partnerships to enhance their market reach and strengthen their value propositions.

Major companies like BASF SE, W.R. Grace & Co., and Sika AG have established themselves as leaders in the market, with extensive product portfolios and strong distribution networks. BASF SE, for instance, focuses on continuous innovation and sustainability in its product offerings, striving to meet the growing demand for eco-friendly construction materials. Similarly, GCP Applied Technologies Inc. emphasizes advanced technologies and high-performance solutions, positioning itself as a trusted partner in the construction industry. These companies leverage their research and development capabilities to introduce novel formulations and enhance the effectiveness of Sodium Naphthalene Sulphonate Formaldehyde in various applications.

Additionally, regional players like Shreeji Chemicals and Aditya Birla Chemicals are gaining traction by addressing local market needs and building strong relationships with customers. Such companies often offer customized solutions tailored to specific regional requirements, enhancing their competitiveness in the Sodium Naphthalene Sulphonate Formaldehyde market. The increasing focus on regional supply chains amidst globalization further supports the growth of local players, enabling them to carve out significant market shares in their respective areas while contributing to the overall market expansion.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 BASF SE
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Sika AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Arkema S.A.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Rudolf GmbH
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Lonza Group AG
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 W.R. Grace & Co.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Shreeji Chemicals
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Huntsman Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Rohm and Haas Company
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Aditya Birla Chemicals
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Yara International ASA
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Fosroc International Limited
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 GCP Applied Technologies Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Air Products and Chemicals, Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 China National Chemical Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Sodium Naphthalene Sulphonate Formaldehyde Market, By Application
    • 6.1.1 Concrete Admixtures
    • 6.1.2 Dispersants
    • 6.1.3 Wetting Agents
    • 6.1.4 Dyes & Pigments
    • 6.1.5 Others
  • 6.2 Sodium Naphthalene Sulphonate Formaldehyde Market, By Product Type
    • 6.2.1 Liquid Sodium Naphthalene Sulphonate Formaldehyde
    • 6.2.2 Powder Sodium Naphthalene Sulphonate Formaldehyde
    • 6.2.3 Granular Sodium Naphthalene Sulphonate Formaldehyde
    • 6.2.4 Flake Sodium Naphthalene Sulphonate Formaldehyde
    • 6.2.5 Other Forms
  • 6.3 Sodium Naphthalene Sulphonate Formaldehyde Market, By Ingredient Type
    • 6.3.1 Sodium Naphthalene Sulphonate
    • 6.3.2 Formaldehyde
    • 6.3.3 Other Chemicals
  • 6.4 Sodium Naphthalene Sulphonate Formaldehyde Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributors
    • 6.4.3 Online Retail
    • 6.4.4 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Sodium Naphthalene Sulphonate Formaldehyde Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Sodium Naphthalene Sulphonate Formaldehyde market is categorized based on

By Product Type

• Liquid Sodium Naphthalene Sulphonate Formaldehyde
• Powder Sodium Naphthalene Sulphonate Formaldehyde
• Granular Sodium Naphthalene Sulphonate Formaldehyde
• Flake Sodium Naphthalene Sulphonate Formaldehyde
• Other Forms

By Application

• Concrete Admixtures
• Dispersants
• Wetting Agents
• Dyes & Pigments
• Others

By Distribution Channel

• Direct Sales
• Distributors
• Online Retail
• Others

By Ingredient Type

• Sodium Naphthalene Sulphonate
• Formaldehyde
• Other Chemicals

By Region

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

Key Players

• BASF SE
• Fosroc International Limited
• W.R. Grace & Co.
• GCP Applied Technologies Inc.
• Huntsman Corporation
• Sika AG
• Air Products and Chemicals, Inc.
• Arkema S.A.
• Rudolf GmbH
• Lonza Group AG
• Yara International ASA
• Rohm and Haas Company
• Shreeji Chemicals
• Aditya Birla Chemicals
• China National Chemical Corporation