Global Coalescing Agent Market was valued US$ XX Bn in 2019 and is expected to reach XX Bn by 2027, at a CAGR of XX % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Coalescing agents are solvents ,which are used in dispersion paints for enhancing the film formation process of the polymeric binder particles.
Surge focus of key players on developing efficacy & demanding properties like zero-VOC content in their coalescing agent and better abrasion & heat resistance without growing prices is some of the prominent factors behind the global coalescing agent market growth. Stringent regulations and growing focus on eco-friendly products are expected to boost the global coalescing agent market growth.
The hydrophilic segment is projected to share significant growth in the global coalescing agent market during the forecast period. Hydrophilic coalescing agents deliver controlled water evaporation, medium to low volatility, and freeze-thaw stability. These are extremely efficient coalescing agents, which having low water solubility. It also decreases the realizing early water resistance or the risk of dropping material in the porous substrate.
Paints & coatings are expected to dominate the global coalescing agent market during the forecast period. Coalescing agents are auxiliary in the formulation of paints & coatings to ancillary film formation process during drying. Additionally, they impart superior film properties like scrub resistance, heat resistance, and appearance.
The Asia Pacific region is projected to be leading region in the global coalescing agent market. Publics migrating from rural areas to urban areas and rapid expansion of the building and construction sector is expected to drive the coalescing agent market in the region. Rapid Urbanization is also measured a factor for the growth of coalescing agent. Additionally, low manufacturing cost, altering lifestyle, and huge population base are some of the major driving factors behind the coalescing agent market growth.
Some of the prominent key players are focusing on growing the efficacy & demanding properties like better abrasion & heat resistance, zero-VOC content in their coalescing agent without rise in price in order to gain competitive benefit. Growing awareness among the key players for the usage of eco-friendly coalescing agents are expected to drive the global coalescing market.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the global coalescing agent market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global coalescing agent market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
The Scope of the Report for Global Coalescing Agent Market
Global Coalescing Agent Market, By Type
- Hydrophilic Coalescing Agent
- Hydrophobic Coalescing Agent
Global Coalescing Agent Market, By Application
- Paints & Coatings
- Adhesive & Sealants
- Personal Care Ingredient
Global Coalescing Agent Market, By Region
- North America
- Asia Pacific
- Middle East & Africa
- South America
Key players operating in Global Coalescing Agent Market
- Croda International Plc.
- Cargill, Incorporated
- Arkema Group
- Eastman Chemical Company
- BASF SE
- Evonik Industries AG
- Krishna Antioxidants Pvt. Ltd.
- Ascend Performance Materials
- King Industries, Inc.
- Sino-Japan Chemical Co., Ltd.
- Rudolf GmbH
- Elementis Plc.
- Synthomer Plc.
- Celanese Corporation
- Stepan Company
- Oxea GmbH
- Runtai Chemical Co., Ltd.
- Addapt Chemicals B.V.
- Patcham FZC
- Chemoxy International Ltd.
- XF Technologies Inc.
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