logo

Coalescing Agent Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Coalescing Agent Market is segmented by Type (Hydrophilic, and Hydrophobic), Application (Adhesives & Sealants, Paints & Coatings, Inks, Personal Care, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Home Industry Reports Chemicals & Materials Coalescing Agent Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - ...

Coalescing Agent Market Snapshot

Coalescing Agent Market - Summary
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >4 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The Coalescing Agent market is expected to grow at a CAGR of over 4% during the forecast period. Major factors driving the market studied are rising demand for architectural & industrial coatings and increasing usage in personal care items. On the flipside, strict government regulations to maintain particular standards and unfavorable conditions arising due to the COVID-19 outbreak are hindering the growth of market.

Rising focus on eco-friendly products is expected to offer various opportunities for the growth of market.

By application, paints & coatings segment is expected to dominate the market owing to the high demand in various end-use industries namely construction, automotive, furniture & wood working, and others.

Asia-Pacific region dominated the market across the globe with the largest consumption from countries such as India and China.

Scope of the Report

The Coalescing Agent market report includes:

Type
Hydrophilic
Hydrophobic
Application
Adhesives & Sealants
Paints & Coatings
Inks
Personal Care
Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand from Paints & Coatings Segment

  • Coalescing agents are a type of chemical compound used for optimizing the formulation of films of polymer bonds in paints and coatings.
  • The demand of coalescing agents in paints and coatings is increasing as they are used as an additive to reduce the complication process by reducing the formulation temperature in formulation of films owing to which paints and coatings have a smooth finish to end products.
  • Furthermore, rising demand for paints and coatings in architectural sector for both exterior and interior applications is expected to increase the demand for coalescing agents and will propel its market during the forecast period.
  • The paints and coatings sector is projected to grow at a CAGR of over 5% during the forecast period and is expected to reach USD 225 billion globally by the year 2025 which would create lucrative opportunities for the coalescing agent market to boom during the forecast period.
  • Owing to all the above-mentioned factors for coalescing agent, its market is expected to grow rapidly over the forecast period.
Coalescing Agent Market Revenue Share

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific region is expected to dominate the market for coalescing agent during the forecast period. In countries like India and China owing to increasing population and growing industrialization & urbanization, the demand for coalescing agent has been increasing in the region.
  • The growing demand for coalescing agent in the region is expected to be driven by adhesive & sealants, inks, paints & coatings owing to changing lifestyle and increasing disposable income. In 2019, Asia-Pacific accounted for more than 40% of the global coalescing agent market.
  • China and India are the largest consumers of coalescing agent in the region due to their increasing manufacturing output. India is projected to be the fastest growing coalescing agent market. This high growth in India is attributed to the implementation of government initiatives like Make in India and presence of low-cost labor available in the country.
  • In April 2019, the government of China invested around USD 73 billion for constructing key transportation projects including highways, railways, airports, waterways and urban rail which would enhance the usage of adhesives & sealants and paints & coatings, and consequently will propel the demand of coalescing agent in the region.
  • Additionally, personal care ingredients segment in the region is expected to grow at a CAGR of over 4% during the forecast period which would increase the demand of coalescing agents and would propel its market in the region.
  • Some of the major companies operating in Asia-Pacific region are Dow, synthomer plc and BASF SE.
  • The aforementioned factors, coupled with government support, are contributing to the increasing demand for coalescing agent during the forecast period.
Coalescing Agent Market Regional Trends

Competitive Landscape

The coalescing agent market is consolidated with top players accounting for a major share of the market. Major companies in the market include Eastman Chemical Company, Dow, BASF SE, synthomer plc, and Cargill, Incorporated.

Coalescing Agent Market.png

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Usage in Personal Care Items

      2. 4.1.2 Rising Demand for Architectural & Industrial Coatings

    2. 4.2 Restraints

      1. 4.2.1 Stringent Government Regulations

      2. 4.2.2 Unfavorable Conditions Arising Due to COVID-19 Outbreak

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porters Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Hydrophilic

      2. 5.1.2 Hydrophobic

    2. 5.2 Application

      1. 5.2.1 Adhesives & Sealants

      2. 5.2.2 Paints & Coatings

      3. 5.2.3 Inks

      4. 5.2.4 Personal Care

      5. 5.2.5 Others

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 Italy

        4. 5.3.3.4 France

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%)/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Arkema Group

      2. 6.4.2 BASF SE

      3. 6.4.3 Cargill, Incorporated

      4. 6.4.4 Celanese Corporation

      5. 6.4.5 Croda International Plc

      6. 6.4.6 Dow

      7. 6.4.7 Eastman Chemical Company

      8. 6.4.8 Krishna Antioxidants Pvt. Ltd.

      9. 6.4.9 Rudolf GmbH

      10. 6.4.10 Runtai Chemical Co., Ltd.

      11. 6.4.11 SINO-JAPAN CHEMICAL CO.,LTD.

      12. 6.4.12 Stepan Company

      13. 6.4.13 synthomer plc

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Rising Focus on Eco-friendly Products

    2. 7.2 Other Opportunities

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Coalescing Agent Market market is studied from 2016 - 2026.

The Coalescing Agent Market is growing at a CAGR of >4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Eastman Chemical Company , Dow, BASF SE, synthomer plc , Cargill, Incorporated are the major companies operating in Coalescing Agent Market .

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!