A dispersion is defined as a scattering or distribution of solid primary particles or polymers through a constant medium. The process of formation of dispersions is similar to that of emulsion. The major difference lies in their particle size. Dispersion particles are in the size range of 0.001 micrometers to 1 micrometer. Polymer dispersions are mainly combinations of polymers and stabilizers. They mainly consist of water and polymer particles of high molecular weight. The technology for manufacturing polymer dispersions has been in existence for over 50 years. The use of polymer dispersions has reduced the release of solvents into the environment. Note: 1 Core competencies of the companies are captured in terms of key developments key strategies adopted by them to maintain their position in the market