Coalescing Agent Market | Analysis 2019-2031

Coalescing Agent Market Introduction

The coalescing agent plays a crucial role in enhancing film formation to ensure a smooth and uniform surface finish. Coalescing agents are medium to low volatile, provide good performance in increasing open time, and control water evaporation and freeze-thaw stability. Nowadays, coalescing agents are witnessing increased use cases in various applications, among these paints and coatings are one of the major applications. Additionally, in paint manufacturing coalescing agents are added during the let-down stage to avoid coagulation of the polymer binder. Moreover, major properties of coalescing agents such as its slow evaporation and proper film formation under a wide range of humidity and temperature conditions are increasing its popularity across various industries.

Market Dynamics

Increasing demand for high-performance, environment-friendly products, and growth in paint and coating industry is anticipated to drive the growth of global coalescing agent market at a significant rate. In addition, growing construction activities and increasing awareness among end users regarding the benefits of coalescing agents are anticipated to have a positive impact on the global coalescing agent market growth. In contrast, strict regulations associated with usage and high production cost of the coalescing agent are anticipated to hamper the coalescing agent market size expansion.

Market Scope

The global coalescing agent market is segmented based on type, application, and region.

By type, the coalescing agent market is analyzed across hydrophilic coalescing agent and hydrophobic coalescing agent segments. Based on application, the coalescing agent market is segmented into paints & coatings, adhesive & sealants, inks, personal care ingredient, and other applications. Based on region, the coalescing agent market is analyzed across six major geographies such as Eastern Europe, North America, Western Europe, Latin America, Middle East and Africa, and Asia Pacific. In terms of spending, Asia Pacific region is the largest market and the region is anticipated to continue its dominance throughout the forecast. This is primarily attributed to the expansion in the manufacturing industry and strong economic growth.

Coalescing Agent Market Competitive Landscape

Key companies in the coalescing agent market are aimed at expanding their business operations through acquisitions and mergers and inauguration of new plants. This enables prominent players to expand their regional presence and meet rising demand in the regional market easily. Key companies analyzed in the coalescing agent industry are Addapt Chemicals B.V., Arkema Group, Ascend Performance Materials, BASF SE, Cargill, Incorporated, Celanese Corporation, Chemoxy International Ltd., Croda International Plc, Cytec (Solvay), DowDuPont, Eastman Chemical Company, Elementis Plc, Evonik Industries AG, Hallstar, King Industries, Inc., Krishna Antioxidants Pvt. Ltd., Oxea GmbH, Oxiteno, Patcham FZC, Rudolf GmbH, Runtai Chemical Co., Ltd., Sino-Japan Chemical Co., Ltd., Stepan Company, Synthomer Plc, and XF Technologies Inc. among others.

Major Regions/Countries include:

• North America
  • United States
  • Canada

• Western Europe
  • Germany
  • United Kingdom
  • Spain
  • France
  • Italy
  • Rest of Western Europe

• Eastern Europe
  • Russia
  • Poland
  • Rest of Eastern Europe

• Asia Pacific (APAC)
  • Japan
  • China
  • India
  • ASEAN
  • Australia
  • Rest of Asia-Pacific

• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

• Middle East and Africa (MEA)
  • GCC
  • North Africa
  • South Africa
  • Rest of MEA

This research report on coalescing agent market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.