COVID-19 Get an extensive COVID-19 analysis on the Coalescing Agent Market Request Free Sample

Market Summary

The global coalescing agent market is forecast to reach USD 1.55 Billion by 2026, at a CAGR of 5.2%. Coalescence is a fundamental part of the process of film formation in the paints and dyes, which includes fusion. Coalescing agents are used for the film formation mechanism of polymeric binders. In addition, coalescing agents primarily decrease production temperature and thus optimize film consistency, properties, and appearance. Moreover, coalescing agents are employed to reduce polymer particle surface area and to reduce repulsive forces between polymer particles during the diluent dehydration process.

Click here to enlarge

Appropriate formation of the film layer is an important part while imparting corrosion less porosity, resistance ability, and other various required attributes which are required for superior coatings. Water-borne coatings have adopted various solvents as coalescents, which help to distribute hydrophobic latex molecules appropriately.

The paint and dyes industry is among the fastest-growing industries over the globe and is among the most developed products in the world. The developing countries are rapidly investing in the international chemicals and inks market. India, China, and Japan are some of the major exporters of the coalescing agents market, which shall augment the growth of the market.

North America is an important region for the coalescing agents market and is likely to witness a consistent growth rate in the forecast period owing to the growing coating industries in the region. Moreover, development in technology that is happening over the region are further driving the growth of this market. The different key players in North America are focusing on new technological advances to support the growth of the market for coalescing agents in the region.

Key Coverage of the Report

Region and country wise statistics of the global coalescing agents market from the period 2016-2026. While 2016 & 2017 has been utilized as historical data, 2018 is considered the base year. 2019-2026 have been derived as forecasts.

Estimation of the market size along with historical and forecasted trend analysis.

Various property types available for the market have been analyzed. Statistical analysis has been conducted on obtaining the individual share of these segments.

Share of application type, paint films, adhesive and sealants, inks, coatings, and others, have been estimated.

Regional up-coming research and application outlook.

Regional prevalence has been mapped.

Demand and Supply GAP Analysis

Regional Competitors Pricing Strategy

Market share analysis of the top industry players

Strategic recommendations for the new entrants

Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Company profiling with detailed strategies, financials, and recent developments.

Salient Trends of the Coalescing agents Market

In June 2018, The Dow Chemical Company announced a series of phased extension of its global glycol potential through a series of seven debottlenecking and incremental expansion ventures. The company will increase the production volume of select p-series and performance glycol ethers, along with the DOWANOL Glycol Ethers product line.

In November 2017, Evonik Industries AG signed a contract to acquire the high-concentrated additive compound business of 3M. This extended the company’s specialty additives for plastic and coating industry, including solid additives.

Concerns regarding the effects of coalescing agents have shifted the focus from chemicals to bio-based chemicals, which are environment-friendly. This ensures not only abiding by the authoritative norms but also cost-efficient measures increasing the profit margin.

In March 2017, Synthomer Plc acquired Perstorp Oxo Belgium AB, a niche performance additives vendor serving the industrial and decorative coatings sector. The company shall focus on expanding Perstorp Belgium’s present position by leveraging its existing sales, technical services infrastructure, and service for operational performance.

Companies considered and profiled in this market study

Eastman Chemical Company, DowDuPont, BASF SE, Evonik Industries AG, Elementis Plc, Synthomer Plc, Celanese Corporation, Croda International Plc, Cargill, Incorporated and Arkema Group, among others.

The companies have adopted various strategies, including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.

Market-O-Nomics

The valuation for the Coalescing agents market was USD 1.02 Billion in 2018, and it is expected to reach USD 1.55 Billion by 2026.

The hydrophilic segment of the market held the largest market share of 56.8% in the year 2018. Hydrophilic coalescing agents are sub-divided into water-soluble and low water solubility. The low water-soluble hydrophilic category is one of the most commonly used coalescing agents owing to their superior efficiency, low solubility, and reduced risk of penetration in the porous substrate. Furthermore, increasing demand for environment-friendly coalescing agent shall also support the growth of the hydrophilic segment.

Paint films segment is set to observe a CAGR of 5.5% during the forecast period. There is a high demand from the various end-use industry such as construction, automotive, furniture & woodworking, and others. Increasing utility for high-performance coatings for applications such as coil, marine, automotive, OEM refinish, propels the demand for a coalescing agent in paints segment.

Inks segment held a market share of 19.2% in the year 2018 owing to the increased usage in the printing industry and commercial documentation. This segment augments the growth of paint and dyes industry, which, in turn, promotes the demand for the coalescing agents market.

Europe is forecasted to witness a CAGR of 5.0% during the forecast period. The European Union has put into effect an Integrated Pollution Prevention and Control (IPPC) Directive in order to restrict the utilization of harmful chemicals that shall have a positive drive on the overall growth of the coalescing agents market in this region.

North America held a market share of 24.7% in the year 2018. The demand for coalescing agents is quickly growing due to their usage in a broad range of applications, including paints, coats, and the chemical industry, which are expected to augment the market growth.

Segments Covered in the report:

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the industry trends in each of the sub-segments from 2016 to 2026.

For the purpose of this report, Reports and Data have segmented into the global Coalescing Agent Market on the basis of property type, application type, end-users, and region:

Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Hydrophilic Coalescing Agent

Hydrophobic Coalescing Agent

Others

Application Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Paint Films

Adhesive & Sealants

Inks

Coatings

Others

End-Users Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

Paint and Dyes

Construction

Automotive

Municipality

Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

North America U.S

Europe U.K France

Asia Pacific China India Japan

MEA

Latin America Brazil

