USD 1.5 billion
Coalescing Agents Market Size, Share, Growth Analysis, By Product Type(Hydrophobic Coalescing Agents, and Hydrophilic Coalescing Agents), By Application (Paints, Adhesives), By End-Use(Construction, Automotive) - Industry Forecast 2024-2031
Report ID:
SQMIG15E2505 |
Region:
Global |
Published Date: March, 2024
Pages:
189
|
Tables:
93 |
Figures:
76
Coalescing Agents Market Insights
Global Coalescing Agents Market size was valued at USD 1.5 billion in 2022 and is poised to grow from USD 1.57 billion in 2023 to USD 2.21 billion by 2031, growing at a CAGR of 5.52% in the forecast period (2024-2031).
The global coalescing marketers market is witnessing big boom driven by several factors. Coalescing retailers, crucial in paint and coating formulations, facilitate film formation and beautify overall performance. With growing creation and infrastructure projects globally, the call for for architectural coatings has surged, amplifying the need for coalescing dealers. Additionally, stringent environmental rules pushing for low-VOC (volatile organic compound) formulations in paints and coatings make contributions to the market's expansion.
The emphasis on sustainable and eco-friendly solutions in addition propels innovation in coalescing marketers. Key gamers are engaged in studies and improvement to introduce green and environmentally compliant products, shaping the evolving landscape of the worldwide coalescing marketers marketplace.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Hydrophobic Coalescing Agents
Fastest Growth
Hydrophilic Coalescing Agents
Growth Rate
5.52% CAGR
Global Coalescing Agents Market ($ Bn)
Country Share for Asia Pacific Region (%)
Global Coalescing Agents Market By Product Type($ Bn)
Global Coalescing AgentsMarket By Product Type(%)
To get more reports on the above market click here to Buy The Report
Coalescing Agents Market Segmental Analysis
The global Coalescing Agents market is segmented into four major segments i.e. Product Type, Application, End-Use Industry, and region. Based on Type, it is divided into Hydrophobic Coalescing Agents, Hydrophilic Coalescing Agents. Based on Application it is segregated into, Paints, Adhesives, Sealants, Inks, Others. Based on End-Use Industries, it is divided into Construction, Automotive, Furniture, Packaging, Others. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Analysis by Type
Hydrophobic coalescing marketers will dominate the market because of their compatibility with a wide variety of formulations, especially in coatings where moisture resistance and superior film formation are crucial. The versatility of hydrophobic sellers makes them desired in various programs, contributing to their dominance.
The call for for hydrophilic coalescing retailers is predicted to grow hastily, driven by the growing emphasis on waterborne coatings and formulations with decrease VOC content. Hydrophilic retailers are often chosen for their effectiveness in water-primarily based systems, aligning with the industry's developing recognition on environmentally pleasant and sustainable practices.
Analysis by Application Segment
Architectural coatings will dominate the market because of the full-size demand for coalescing sellers in paints and coatings used in production and infrastructure projects. The architectural coatings section benefits from the continuing boom within the construction enterprise, which, in turn, drives the demand for high-overall performance coatings and additives like coalescing marketers.
The waterborne coatings section is predicted to be the fastest-growing software. As environmental regulations come to be extra stringent, there's a growing shift towards water-based formulations with lower VOC content material. Coalescing agents play a vital function in improving the overall performance of waterborne coatings, making them an critical factor in this rapidly increasing market.
Global Coalescing Agents Market By Product Type, 2023 (%)
To get detailed analysis on other segments, Request For Free Sample Report
Coalescing Agents Market Regional Insights
Asia-Pacific is probable to dominate the coalescing agents marketplace. This dominance may be attributed to the location's robust industrialization, booming construction activities, and growing demand for coatings in international locations like China and India. The construction quarter's continuous boom inside the area contributes substantially to the call for for architectural coatings, consequently driving the want for coalescing sellers.
The Middle East and Africa area can be the fastest-growing marketplace. Growing infrastructure improvement, urbanization, and increased construction tasks in countries in the Middle East contribute to a rising call for for coatings and, therefore, coalescing retailers. Additionally, the location's focus on sustainable practices and adherence to environmental standards may also pressure the adoption of green coatings, in addition boosting the demand for coalescing retailers.
Global Coalescing Agents Market By Region, 2024-2031
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Coalescing Agents Market Dynamics
Drivers
Increasing Demand For Eco-Friendly And Low-Voc (Volatile Organic Compound) Coatings
- The escalating call for for green and coffee-VOC (unstable organic compound) coatings throughout various industries. As environmental rules turn out to be extra stringent, the need for coalescing marketers that decorate the performance of water-based and occasional-VOC coatings has surged.
Increasing Creation and Infrastructure Sectors
- The booming creation and infrastructure sectors worldwide play a pivotal function, fostering the call for for excessive-performance architectural coatings, wherein coalescing dealers facilitate movie formation and improve coating homes.
Restraints
High Regulatory Landscape, With Evolving Environmental Standards
- One of the main marketplace restraints is the regulatory landscape, with evolving environmental requirements and restrictions on positive chemical formulations.
High Economic Elements, Including Fluctuating Raw Material Expenses
- Compliance with stringent policies often necessitates the improvement of opportunity formulations, impacting the call for for conventional coalescing dealers. Economic elements, including fluctuating raw material expenses, also can pose challenges for marketplace players.
Request Free Customization of this report to help us to meet your business objectives.
Coalescing Agents Market Competitive Landscape
The aggressive environment of the Coalescing Agents marketplace is dynamic and marked through the presence of essential industry gamers, nearby producers, and ongoing strategic projects. Regional producers additionally play a sizeable position, catering to specific marketplace segments. The industry famous a dynamic landscape with a focal point on product innovation, sustainability, and the development of eco-friendly formulations. Collaborations, partnerships, and acquisitions are common strategies employed by using key gamers to bolster market positions and diversify product portfolios.
Top Player’s Company Profiles
- Eastman Chemical Company
- Dow (Formerly DowDuPont)
- BASF SE
- Synthomer plc
- Cargill, Incorporated
- Evonik Industries AG
- Lanxess AG
- Solvay
- Elementis plc
- AkzoNobel N.V.
- Celanese Corporation
- Hallstar
- Croda International Plc
- Arkema
- Patcham(FZC)
- Chemoxy International Ltd.
- XF Technologies Inc.
- Krishna Antioxidants Pvt. Ltd.
- King Industries, Inc.
- Sino-Japan Chemical Co., Ltd.
Recent Developments
- November 2023:- IMCD N.V. A prominent international distribution accomplice and formulator that specialize in uniqueness chemicals and elements, has formally disclosed that IMCD India has entered into an agreement to gather business traces from CJ Shah and Company.
- May 2023: AkzoNobel has brought a bisphenol-free inner coating for beverage can ends. As can makers and coil coaters boost up their transition to bisphenol-unfastened alternatives, AkzoNobel Packaging Coatings gives a viable choice with its new Bisphenol A non-intent (BPA-NI) inner coating for beverage can ends.
- August 2023: The Dow Chemical Company has introduced a novel range of bio-based coalescing agents tailored for waterborne coatings, highlighting a strong commitment to sustainability.
Coalescing Agents Key Market Trends
- Rising Emphasis On Sustainable And Eco-Friendly Formulations: The increasing emphasis on sustainable and eco-friendly formulations. As environmental focus grows, there is a great shift towards coalescing retailers that align with low-VOC and green coatings, reflecting the enterprise's commitment to reducing its environmental footprint. Another massive fashion involves non-stop studies and improvement efforts to beautify the overall performance traits of coalescing sellers, addressing evolving regulatory requirements and client needs.
Coalescing Agents Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Global Coalescing Agents market evaluation well-knownshows a dynamic marketplace with a number of standout trends and difficulties. The marketplace is propelled by way of escalating demand for low-VOC coatings and sustainable formulations, driven by means of stringent environmental rules. These marketers, crucial in enhancing movie formation, revel in constrained increase due to monetary fluctuations and evolving regulatory requirements. Hydrophobic and hydrophilic coalescing dealers dominate the product types, assembly diverse system wishes. Asia-Pacific leads the local landscape, fueled via sturdy creation activities and infrastructure development, at the same time as North America and Europe witness regular boom. Key trends include a shift in the direction of green options, innovation in waterborne formulations, and strategic collaborations among industry leaders to address evolving marketplace dynamics.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 1.5 billion |
| Market size value in 2031 | USD 2.21 billion |
| Growth Rate | 5.52% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Coalescing Agents Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Coalescing Agents Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Coalescing Agents Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Coalescing Agents Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Coalescing Agents Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Coalescing Agents Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Coalescing Agents Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
