Coalescing Agent Market: Industry Analysis, Global Trends, and Forecast to 2023
The Coalescing Agents Market size is projected to grow from US$ 1.0 Billion in 2018 to US$ 1.3 Billion by 2023, at a CAGR of 4.9%. Coalescing agents are typically solvents which help optimize the film formation process of polymer emulsion. Coalescing agents are used as an additive to reduce the minimum film formation temperature, resulting in optimized film coherence and improve film properties such as scrub resistance, abrasion resistance, mechanical properties, and appearance.
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The hydrophilic coalescing agent segment is expected to witness a higher growth rate in the overall coalescing agents market during the forecast period. Hydrophilic coalescing agent can be categorized into water-soluble and partially water soluble. Hydrophilic is the commonly used coalescing agent, owing to their high efficiency, controlled water evaporation, and medium to low water solubility.
The APAC Coalescing Agents Market is projected to register the highest CAGR between 2018 and 2023. Growth in end-use industries such as construction and automotive, as well as increasing disposable income, is majorly driving the demand for coalescing agent in this region. In APAC, countries such as China and India are the largest consumers of coalescing agent due to their increasing manufacturing output and rapid urbanization.
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The Study Objectives of this report are:
- To forecast and analyze the size of the coalescing agents market (in terms of value and volume) in 5 key regions, namely, APAC, Europe, North America, the Middle East & Africa, and South America
- To forecast and analyze the coalescing agents industry at the country level in each region
- To strategically analyze each submarket with respect to the individual growth trends and its contribution to the overall coalescing agents market
- To define, describe, and analyze the coalescing agents market based on type, application, and region
- To analyze opportunities in the coalescing agents market for the stakeholders by identifying high-growth segments of the market
- To strategically profile the key players in the coalescing agents industry and comprehensively analyze their growth strategies
Top Key Players in the “Coalescing Agent Market” include are
- Eastman Chemical Company (US)
- DowDuPont (US)
- BASF SE (Germany)
- Synthomer Plc (UK)
- Evonik Industries AG (Germany)
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Reason to buy this report:
- Market Penetration: Comprehensive information on coalescing agents offered by the top players operating in the market
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the coalescing agents market
- Market Development: Comprehensive information about lucrative and emerging markets; analyzes markets for coalescing agents in different regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the coalescing agents market
- Competitive Assessment: In-depth assessment of strategies, and products, of the leading players in the coalescing agents market
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