Global Coalescing Agent
Market Report
2024
Coalescing Agent market was valued at USD 1.78 billion in 2022 and will reach USD 2.68 billion by 2030, registering a CAGR of 5.2 % for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Coalescing Agent market was valued at USD 1.78 billion in 2022 and will reach USD 2.68 billion by 2030, registering a CAGR of 5.2 % for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Coalescing Agent Market Sales Revenue 2022 | $ 1.78 Billion |
Global Coalescing Agent Market Sales Revenue 2030 | $ 2.68 Billion |
Global Coalescing Agent Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.2% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Coalescing Agent Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Coalescing agents are stabilizers or temporary plasticizers that provide an even dispersion for polymer or resin. Coalescing agents soften the latex particles, fusing them into a tough continuous film. They work by reducing the surface tension of the liquid phase, it allows the particles to come into closer contact and merge. In addition, they also inhibit the formation of tiny droplets which can lead to surface defects such as orange peel. Coalescing agents are used in various industries such as paints, coatings, and adhesives to promote the fusion of individual particles or droplets into a continuous film or coating. The paint and coating formulations are used to improve the film formation and enhance the product's overall performance. Methoxy propylene glycol ethers and ester alcohols are the commonly used coalescing agent. Coalescing agents are considered safe to use.
In the personal care industry, coalescing agents are used to facilitate the blending of different ingredients in cosmetic and personal care products. coalescing agents provide the desired texture and consistency. They are commonly used in the products such as lotions, hair care formulations, creams, etc. Coalescing agents are particularly important for creating a stable emulsion, where oil droplets are evenly distributed throughout the continuous water phase or vice versa. The Indian beauty and personal care industry expanded significantly in the last few years. Due to the adoption of E-commerce, rising customization, and last-mile access to consumers in tier 2 and 3 cities. For instance, according to the invest India’s personal care industry is expected to grow at a CAGR of 54% by FY21-26. This is due to the growing middle-class population and the increasing disposable income of an individual. Therefore, the growing personal care industry is expected to drive the market growth of coalescing agents in the upcoming years.
Coalescing agents release the volatile compound which has harmful effects on the environment. Worldwide various government bodies are regulating the use of the coalescing agent in the formulations of paint and coating. For instance, according to the data from the European Patent Office (EPO) coalescing agents are the primary source for the volatile organic compound therefore they strictly regulate the use of volatile coalescing agents like ester alcohol which affect the environment severely. such regulations may hamper the market growth of the coalescing agents in the projected period.
Covid 19 negatively impacted the coalescing agent market. Due to the severity of the disease, several cities went into lockdown. The manufacturing industries were closed down for some period. They face the challenge of a shortage of labor and raw material. The global economy has been drastically decreasing therefore there was no new demand. Demand and supply chain was totally disturbed. After the covid 19 manufacturing industries were resumed. Therefore, there will be high demand for coalescing agent market in the projected period.
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The Arkema group announce the expansion of its Rilsan Polyamide 11 powder production capacity by 50%.
The aim of this expansion is to meet the growing demand for high-performance coating in the aerospace, automotive, and oil and gas industries.
Solvay SA launched a new coalescing agent as name of Rhodoline WA-310P.
The Rhodoline WA-310P is designed to improve the performance of waterborne Coatings by reducing the drying time and strengthening the film formation properties of the coating material.
Top Companies Market Share in Coalescing Agent Industry: (In no particular order of Rank)
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Globally, the coalescing agent market on the basis of region is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The largest market share of coalescing agents is dominated by Asia Pacific. There is a probability that Asia Pacific will be dominating the coalescing agent market during the projected period. Asia Pacific countries experiencing industrialization. The various end-user industries are growing rapidly. For instance, according to the India brand equity foundation India plans to invest USD 1.4 trillion on the infrastructure project by 2019-2023. The increasing industrialization strengthens the economy of developing nations. Growth of the paint and coating industry driven by increasing sales of cars and vehicles. For instance, According to the Society of Indian Automobile Manufacturers (SIAM), domestic passenger vehicle (PV) wholesale sales reached 334,247 units in May 2023. Therefore, the Asia Pacific is projected to have the largest market share during the forecast period.
The current report Scope analyzes Coalescing Agent Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Coalescing Agent Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Coalescing Agent Industry growth. Coalescing Agent market has been segmented with the help of its Type, Application , and others. Coalescing Agent market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The hydrophilic segment is expected to hold the largest market share from the years 2023-2030
The global coalescing agent market is divided into hydrophobic, and hydrophilic. The hydrophilic agent is low water-soluble in addition they have high efficiency. And they reduce the risk of penetrating the porous substrate. Therefore, the hydrophilic segment is expected to hold the largest market share in the projected period.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Coalescing Agent Industry. Request a Free Sample PDF!
The paint and coating segment is expected to show steady growth over the forecasted period.
By applications, the global paint and coating market is classified into personal care ingredients, paint and coatings, sealants, adhesive, and others. Globally, coalescing agent market is estimated to gain the largest share from the paint and coating during the forecast period. This is due to the rising demand for performance coating for applications such as automotive, marine, and coil. There is high demand for paint and coating from various end-user industries. Therefore, the paint and coating segment will grow over the forecast period.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Coalescing Agent market report 2024 Edition by contacting our team.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Coalescing Agent Market is witnessing significant growth in the near future.
In 2023, the Hydrophobic segment accounted for noticeable share of global Coalescing Agent Market and is projected to experience significant growth in the near future.
The Personal Care Ingredients segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Eastman Chemical Company , DowDuPont and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Hydrophobic, Hydrophilic |
Application | Personal Care Ingredients, Paint and Coatings, Sealants, Adhesive, Others |
List of Competitors | Eastman Chemical Company, Croda International Plc, DowDuPont, Synthomer Plc, BASF SE, Evonik Industries AG, Elementis Plc, Celanese Corporation, Cargill Incorporated, Arkema Group |
This chapter will help you gain GLOBAL Market Analysis of Coalescing Agent. Further deep in this chapter, you will be able to review Global Coalescing Agent Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Coalescing Agent Market Trends North America Coalescing Agent Technological Road Map North America Coalescing Agent Market Drivers North America Coalescing Agent Market Restraints North America Coalescing Agent Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Coalescing Agent market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Hydrophobic have a significant impact on Coalescing Agent market? |
What are the key factors affecting the Hydrophobic and Hydrophilic of Coalescing Agent Market? |
What is the CAGR/Growth Rate of Personal Care Ingredients during the forecast period? |
By type, which segment accounted for largest share of the global Coalescing Agent Market? |
Which region is expected to dominate the global Coalescing Agent Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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