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    Coalescing Agent Market Report

    Coalescing Agent Market Report
    Report code - SR2602 Delivery - 2 Weeks
    Coalescing Agent Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opp See more...

    Market Insights

    The coalescing agent market is likely to grow at a CAGR of 4.1% over the forecast period.

    Coalescing agents help in the formation of film and are used in coatings. Coalescing agents, for instance, are used in latex coatings where they give the latex resin the proper flow, resulting in the formation of a smooth film. A film-forming polymer frequently uses the coalescing agent as a short-term plasticizer. During the crucial time of fusion, the polymer is softened by the coalescing agent, allowing the individual particles to unite to form a continuous film. The main purposes of coalescing agents are to reduce the surface area of polymer particles, increase capillary forces by carefully controlling water evaporation, and decrease repulsive forces between polymer particles.

    The COVID-19 pandemic has had a significant impact on the coalescing agent market. The pandemic has led to a decrease in demand for coalescing agents in a number of end-use industries, including paints and coatings, inks, and personal care products. This is due to a number of factors, including the closure of businesses and factories, the decrease in consumer spending, and the shift to remote work.

    The demand for coalescing agents has been driven by stringent government regulations that forbid the use of toxic additives and conventional solvents. Escalating demand for eco-friendly coalescing agents will also aid in drawing significant attention to the market. Demand for the product in the market is also being driven by the expanding use of coalescing agents in inks, paints & coatings, personal care ingredients, adhesives & sealants, and other products.

    Segments' Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Type Analysis

    Hydrophilic and Hydrophobic Coalescing Agent.

    Hydrophilic coalescing agent is expected to witness a higher growth rate in the market during the forecast period.

    Application-Type Analysis

    Paints & Coatings, Adhesive & Sealants, Inks, Personal Care Ingredients, And Others.

    Paints & coatings application is expected to remain the biggest demand generator for coalescing agent in the market during the forecast period.

    Regional Analysis

    North America, Europe, Asia-Pacific, and The Rest of the World

    Asia-Pacific is expected to remain the largest and fastest-growing market for coalescing agents over the next five years.

     

    By Type

    There are two types of coalescing agents on the market. One is hydrophilic, and another is hydrophobic. The hydrophilic coalescing agent is expected to exhibit a higher growth rate in the market during the forecast period owing to its high efficiency, low water solubility, and reduced risk of penetrating the porous substrate. Moreover, the growing demand for environmental-friendly coalescing agents is also fueling the growth of the segment.

    Application Trends

    The coalescing agent market is segmented into paints & coatings, adhesives & sealants, inks, personal care ingredients, and others. Paints & coatings is expected to remain the biggest demand generator for coalescing agent in the market during the forecast period owing to the increasing demand for paints & coatings in various end-use industries such as construction, automotive, furniture & woodworking, and others. Increasing demand for high-performance coatings for applications such as coil, marine, automotive, OEM refinish, etc. is also driving the dominance of the segment in the market during the forecasted period.

    Regional Analysis

    Asia-Pacific is expected to remain the largest as well as the fastest-growing region for the coalescing agent. The region has strong economic growth and increasing manufacturing output. Also, a growing building and construction sector, low manufacturing costs, and a large population base in the region are the major factors driving the demand for the product in the region’s market.

    The coalescing agent market is segmented into the following categories:

    By Type

    • Hydrophilic Coalescing Agent (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Hydrophobic Coalescing Agent (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Application Type

    • Paints & Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Adhesive & Sealants (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Inks (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Personal Care Ingredient (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    By Region

    • North America (Country Analysis: The USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, South Korea, India, and the Rest of Asia-Pacific)
    • Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

    Key Players

    The following are the key players in the coalescing agent market:

    • Eastman Chemical Company
    • Dow DuPont
    • BASF SE
    • Evonik Industries AG
    • Elementis Plc
    • Synthomer Plc
    • Celanese Corporation
    • Croda International Plc
    • Cargill, Incorporated
    • Arkema Group

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s coalescing agent market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

    The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • COVID-19 impact and its recovery curve.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for existing and new players.
    • Key success factors.

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQ)

    The coalescing agent market is estimated to grow at a CAGR of 4.1% by 2028, driven by stringent government regulations that forbid the use of toxic additives and conventional solvents, escalating demand for eco-friendly coalescing agents, expanding use of coalescing agents in inks, paints & coatings, personal care ingredients, adhesive & sealants, and other products.

    Eastman Chemical Company, Dow DuPont, BASF SE, Evonik Industries AG, Elementis Plc, Synthomer Plc, Celanese Corporation, Croda International Plc, Cargill, Incorporated, and Arkema Group are the leading players in the coalescing agent market.

    Asia-Pacific is estimated to remain the dominant as well as the fastest growing market for coalescing agent owing to a strong economic growth and increasing manufacturing output in the region.

    The hydrophilic coalescing agent is expected to be a higher growing type of coalescing agent in the market during the forecast period owing to its various features and growing demand for environmental-friendly coalescing agent.

    Paints & coatings is expected to remain the biggest demand generator for coalescing agent in the market during the forecast period owing to the increasing demand for paints & coatings in various end-use industries such as construction, automotive, furniture & woodworking, and others.

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