As per this study the Global Coalescing Agent Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%. By volume, the market was estimated XX KT in 2021 and is expected to reach XX KT by 2028 with a CAGR of XX%.
Coalescing agents are used for optimizing the film formation of the polymeric binder particles. Coalescing agents are also known as film formers. It is used for developing uniform and smooth surface finish. Basically, these are additives to minimize film formation temperature and improve properties of the coatings. These are extensively used in paints & coatings, adhesive & sealants and personal care ingredients.
Market Dynamics
The market is witnessing substantial growth owing to high demand of high performance coatings from end-user industries. Ongoing urbanization in emerging nations is fueling the market growth. Growing awareness among the key players for production of eco-friendly coalescing agents is also boosting the market growth. On the contrary side, high production cost may hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of coalescing agent.
Market Segmentation
The broad coalescing agent market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
By Application
- Paints & Coatings
- Adhesives & Sealants
- Personal Care Ingredients
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for coalescing agent in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Coalescing Agent Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the coalescing agent market include Additional Company Profiles, Arkema Group, BASF SE, Cargill, Incorporated, Celanese Corporation, Croda International Plc., DowDuPont, Eastman Chemical Company, Elementis Plc., Evonik Industries AG and Synthomer Plc among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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