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Global Coalescing Agent Market 2019-2026: Key players Akzo Nobel N.V., Cargill Incorporated, Evonik Industries AG, Celanese Corporation, Eastman Chemical Company, Croda International Plc, BASF SE, Arkema, synthomer plc, and many more.

Coalescing Agent Market

Market Definition: Coalescing Agent Market

Global Coalescing Agent Market was valued at an estimated USD 0.96 billion in 2018, projected to grow with a CAGR of 5.09% in the forecast period of 2019-2026 resulting in a projected estimated value of USD 1.42 billion by 2026.

Coalescing agents are a type of chemical compound that is used in the formulation of films of the polymer bonds in paints and coatings. They are used as an additive to reduce the complication process in formulation of films by reducing the formulation temperature. This helps in ensuring that the paints & coatings have a smooth finish to the end-products.

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Key Market Competitors: Coalescing Agent Market

Few of the major competitors are Akzo Nobel N.V., Cargill Incorporated, Evonik Industries AG, Celanese Corporation, Eastman Chemical Company, Croda International Plc, BASF SE, Arkema, synthomer plc, DowDuPont, Solvay, Elementis plc, Hallstar, PATCHAM(FZC), Stepan Company, Krishna Antioxidants Pvt. Ltd (KAPL), Runtai chemical Limited, Rudolf GmbH, King Industries Inc, xF Technologies Inc., OXEA GmbH, Chemoxy International Ltd, Ascend Performance Materials and SINO-JAPAN CHEMICAL CO.LTD.

Major Market Drivers & Restraints are as follows:

  • Increased levels of urbanization globally resulting in increased demand from paints & coatings industry is expected to act as a driver for the market growth
  • Strict regulations imposed by the authorities along with the particular standards according to the different regions, along with the high production cost of the product is expected to act as a restraint to the market growth

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Market Segmentation:  Coalescing Agent Market

  • By Type
    • Hydrophilic Coalescing Agent
    • Hydrophobic Coalescing Agent
  • By Application
    • Personal Care Ingredient
    • Inks
    • Adhesives & Sealants
    • Paints & Coatings
    • Others
  • By Geography
    • North America
      • US
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Turkey
      • Belgium
      • Netherlands
      • Rest of Europe
    • Asia-Pacific
      • Japan
      • China
      • South Korea
      • India
      • Australia
      • Singapore
      • Malaysia
      • Indonesia
      • Thailand
      • Philippines
      • Rest of Asia-Pacific
    • Middle East and Africa
      • South Africa
      • Egypt
      • Saudi Arabia
      • United Arab Emirates

Company Analysis:

Global coalescing agent market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of coalescing agent market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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