Coalescing Agents Market Research Report – Global Forecast till 2027

Coalescing Agents Market: Information by Type (Hydrophilic, Hydrophobic), Application (Paints & Coatings, Adhesive & Sealants, Personal Care Ingredients), Region (North America, Asia Pacific, Latin America, Middle East & Africa) — Global Forecast till 2027

ID: MRFR/CnM/6071-HCR | February 2021 | Region: Global | 140 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill Sample form for the updated data.

Market Synopsis


The global coalescing agents market was valued at USD 1.2 billion in 2018 and is expected to register a CAGR of 5.1% during the forecast period. The increasing demand for high-performance coatings is expected to accelerate the growth of the global coalescing agents market. Coalescing agents have unique mechanical properties, film impermeability, corrosion resistance, and resistance against toxic chemicals. These attributes have increased the adoption of coalescing agents in numerous end-user industries. It is significantly used in the production of water-based coatings. Coalescing agents for water-based coatings are environment-friendly and meets the government standards of VOC emission such as clean air act (section 183(e)) and (71 FR 28320). Thus, the environment-friendly nature of coalescing agents is increasing its application in paints and coatings. According to the Coating World, the global demand for coatings is expected to be around 54.7 million metric tons valued at USD 193 billion in 2020. The increase in demand for coatings is expected to boost the demand for coalescing agents.


Coalescing agents are solvents used in dispersion paints for optimizing the film formation process of the polymeric binder particles. The growing demand for paints & coatings in the construction, automotive, marine, aerospace, and packaging industries is expected to fuel the global market growth during the forecast period. Increasing construction activities have propelled the demand for paint & coatings. For instance, Walt Disney World construction project in Saudi Arabia value USD 64 billion, London Cross rail Project worth over USD 23 billion and Hong Kong-Zhuhai-Macao Bridge in China are few of the big construction projects. Thus, the increasing number of construction projects across the globe is projected to accelerate the demand for paint & coatings to protect buildings and infrastructure from weathering, which is expected to boost the growth of the global coalescing agents market during the forecast period.


Global Coalescing Agents Market Share, by Application, 2017 (%)


Coalescing agent Market


Source: MRFR analysis


Regional Analysis


Asia-Pacific is expected to grow at a significant CAGR owing to economic development in the region, which is increasing the application of coalescing agents in end-use industries such as automotive, construction, and aerospace. China, India, South Korea, Australia, Malaysia, Indonesia, and Thailand are witnessing phenomenal industrial growth, which is expected to increase the application of coalescing agents in industrial coatings. Industrial coatings are used for corrosion control in concrete and steel, majorly used in equipment and machinery which is expected to drive the growth of the Asia-Pacific market during the forecast period.


The increase in consumption of paints and coatings in North America, supported by strong growth in the automotive and aerospace industries is expected to fuel the demand for coalescing agents. The Middle East & Africa is expected to witness healthy growth owing to robust construction activities in the region, is propelling the demand for paint & coatings to be used for decorating and protecting infrastructure and building.


Market Segmentation


The global coalescing agents market has been segmented on the basis of type, application, and region.


Based on type, the global coalescing agents market has been segregated into hydrophilic and hydrophobic.


By application, the global coalescing agents market has been divided into paint & coatings, adhesive & sealants, ink, and others.


The global coalescing agents market, by region, has been studied across five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Key Players


Some of the prominent players in the global coalescing agents market are Elementis plc (UK), Eastman Chemical Company (US), synthomer plc (UK), DowDuPont (US), BASF SE (Germany), Croda International Plc (UK), Evonik Industries AG (Germany), Arkema (France), Celanese Corporation (US), Cargill, Incorporated (US), Stepan Company (US), OXEA GmbH (Germany), Runtai Chemical Co., Ltd.(China), Chemoxy International Ltd (UK), and Rudolf GmbH (Indonesia).


Intended Audience



  • High-Performance Paints and Coatings Manufacturers

  • Traders and Distributors of Coalescing Agents

  • Research and Development Institutes

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratories



Frequently Asked Questions (FAQ) :


coalescing agents market had valued at USD 1.2 BN in 2018.

global coalescing agents market is estimated to register 5.1% CAGR during the forecast period (2018-2023).

Based on type, the hydrophilic segment and based on applications, the paints & coatings segment holds the leading share in the global coalescing agents market.

Asia Pacific holds the largest share in the global coalescing agents market, followed by North America and Europe, respectively.

Eastman Chemical Company (US), Elementis plc (UK), synthomer plc (UK), BASF SE (Germany), DowDuPont (US), Croda International Plc (UK), Arkema (France), Evonik Industries AG (Germany), Celanese Corporation (US), Incorporated (US), Cargill, Stepan Company (US), Runtai Chemical Co., Ltd.(China), OXEA GmbH (Germany), Rudolf GmbH (Indonesia), and Chemoxy International Ltd (UK), are some of the major players operating in the coalescing agents market.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants

4.1.4 Application

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Industry Overview of Global Coalescing Agents Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7. Global Coalescing Agents Market, by Type

7.1 Introduction

7.2 Hydrophilic

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Hydrophobic

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

10. Global Coalescing Agents Market, by Application

10.1 Introduction

10.2 Paints & Coatings

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast, by Region, 2020-2027

10.3 Adhesive & Sealants

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast, by Region, 2020-2027

10.4 Personal Care Ingredients

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast, by Region, 2020-2027

10.5 Inks

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast, by Region, 2020-2027

10.6 Others

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast, by Region, 2020-2027

11. Global Coalescing Agents Market, by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast by Type, 2020-2027

11.2.3 Market Estimates & Forecast by Application, 2020-2027

11.2.4 US

11.2.4.1 Market Estimates & Forecast, 2020-2027

11.2.4.2 Market Estimates & Forecast by Type, 2020-2027

11.2.4.3 Market Estimates & Forecast by Application, 2020-2027

11.2.5 Canada

11.2.5.1 Market Estimates & Forecast, 2020-2027

11.2.5.2 Market Estimates & Forecast by Type, 2020-2027

11.2.5.3 Market Estimates & Forecast by Application, 2020-2027

11.3 Europe

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast by Type, 2020-2027

11.3.3 Market Estimates & Forecast by Application, 2020-2027

11.3.4 Germany

11.3.4.1 Market Estimates & Forecast, 2020-2027

11.3.4.2 Market Estimates & Forecast by Type, 2020-2027

11.3.4.3 Market Estimates & Forecast by Application, 2020-2027

11.3.5. France

11.3.5.1 Market Estimates & Forecast, 2020-2027

11.3.5.2 Market Estimates & Forecast by Type, 2020-2027

11.3.5.3 Market Estimates & Forecast by Application, 2020-2027

11.3.6 Italy

11.3.6.1 Market Estimates & Forecast, 2020-2027

11.3.6.2 Market Estimates & Forecast by Type, 2020-2027

11.3.6.3 Market Estimates & Forecast by Application, 2020-2027

11.3.7 Spain

11.3.7.1 Market Estimates & Forecast, 2020-2027

11.3.7.2 Market Estimates & Forecast by Type, 2020-2027

11.3.7.3 Market Estimates & Forecast by Application, 2020-2027

11.3.8 UK

11.3.8.1 Market Estimates & Forecast, 2020-2027

11.3.8.2 Market Estimates & Forecast by Type, 2020-2027

11.3.8.3 Market Estimates & Forecast by Application, 2020-2027

11.3.10 Russia

11.3.10.1 Market Estimates & Forecast, 2020-2027

11.3.10.2 Market Estimates & Forecast by Type, 2020-2027

11.3.10.3 Market Estimates & Forecast by Application, 2020-2027

11.3.11 Rest of Europe

11.3.11.1 Market Estimates & Forecast, 2020-2027

11.3.11.2 Market Estimates & Forecast by Type, 2020-2027

11.3.11.3 Market Estimates & Forecast by Application, 2020-2027

11.4 Asia Pacific

11.4.1 Market Estimates & Forecast, 2020-2027

11.4.2 Market Estimates & Forecast by Type, 2020-2027

11.4.3 Market Estimates & Forecast by Application, 2020-2027

11.4.4 China

11.4.4.1 Market Estimates & Forecast, 2020-2027

11.4.4.2 Market Estimates & Forecast by Type, 2020-2027

11.4.4.3 Market Estimates & Forecast by Application, 2020-2027

11.4.5 India

11.4.5.1 Market Estimates & Forecast, 2020-2027

11.4.5.2 Market Estimates & Forecast by Type, 2020-2027

11.4.5.3 Market Estimates & Forecast by Application, 2020-2027

11.4.6 Japan

11.4.6.1 Market Estimates & Forecast, 2020-2027

11.4.6.2 Market Estimates & Forecast by Type, 2020-2027

11.4.6.3 Market Estimates & Forecast by Application, 2020-2027

11.4.7 Australia

11.4.7.1 Market Estimates & Forecast, 2020-2027

11.4.7.2 Market Estimates & Forecast by Type, 2020-2027

11.4.7.3 Market Estimates & Forecast by Application, 2020-2027

11.4.8 New Zealand

11.4.8.1 Market Estimates & Forecast, 2020-2027

11.4.8.2 Market Estimates & Forecast by Type, 2020-2027

11.4.8.3 Market Estimates & Forecast by Application, 2020-2027

11.4.9 South Korea

11.4.9.1 Market Estimates & Forecast, 2020-2027

11.4.9.2 Market Estimates & Forecast by Type, 2020-2027

11.4.9.3 Market Estimates & Forecast by Application, 2020-2027

11.4.10 Rest of Asia Pacific

11.4.10.1 Market Estimates & Forecast, 2020-2027

11.4.10.2 Market Estimates & Forecast by Type, 2020-2027

11.4.10.3 Market Estimates & Forecast by Application, 2020-2027

11.5 Middle East & Africa

11.5.1 Market Estimates & Forecast, 2020-2027

11.5.2 Market Estimates & Forecast by Type, 2020-2027

11.5.3 Market Estimates & Forecast by Application, 2020-2027

11.5.4 Saudi Arabia

11.5.4.1 Market Estimates & Forecast, 2020-2027

11.5.4.2 Market Estimates & Forecast by Type, 2020-2027

11.5.4.3 Market Estimates & Forecast by Application, 2020-2027

11.5.5 UAE

11.5.5.1 Market Estimates & Forecast, 2020-2027

11.5.5.2 Market Estimates & Forecast by Type, 2020-2027

11.5.5.3 Market Estimates & Forecast by Application, 2020-2027

11.5.6 Africa

11.5.6.1 Market Estimates & Forecast, 2020-2027

11.5.6.2 Market Estimates & Forecast by Type, 2020-2027

11.5.6.3 Market Estimates & Forecast by Application, 2020-2027

11.5.7 Rest of the Middle East & Africa

11.5.7.1 Market Estimates & Forecast, 2020-2027

11.5.7.2 Market Estimates & Forecast by Type, 2020-2027

11.5.7.3 Market Estimates & Forecast by Application, 2020-2027

11.6 Latin America

11.6.1 Market Estimates & Forecast, 2020-2027

11.6.2 Market Estimates & Forecast by Type, 2020-2027

11.6.3 Market Estimates & Forecast by Application, 2020-2027

11.6.4 Brazil

11.6.4.1 Market Estimates & Forecast, 2020-2027

11.6.4.2 Market Estimates & Forecast by Type, 2020-2027

11.6.4.3 Market Estimates & Forecast by Application, 2020-2027

11.6.5 Argentina

11.6.5.1 Market Estimates & Forecast, 2020-2027

11.6.5.2 Market Estimates & Forecast by Type, 2020-2027

11.6.5.3 Market Estimates & Forecast by Application, 2020-2027

11.6.6 Mexico

11.6.6.1 Market Estimates & Forecast, 2020-2027

11.6.6.2 Market Estimates & Forecast by Type, 2020-2027

11.6.6.3 Market Estimates & Forecast by Application, 2020-2027

11.6.7 Rest of Latin America

11.6.7.1 Market Estimates & Forecast, 2020-2027

11.6.7.2 Market Estimates & Forecast by Type, 2020-2027

11.6.7.3 Market Estimates & Forecast by Application, 2020-2027

12. Competitive Landscape

12.1 Introduction

12.2 Market Key Strategies

12.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

13. Company Profiles

13.1 Elementis plc

13.1.1 Company Overview

13.1.2 Financial Updates

13.1.3 Product/Business Segment Overview

13.1.4 Key Developments

13.1.5 SWOT Analysis

13.1.6 Key Strategies

13.2 Eastman Chemical Company

13.2.1 Company Overview

13.2.2 Financial Updates

13.2.3 Product/Business Segment Overview

13.2.4 Key Developments

13.2.5 SWOT Analysis

13.2.6 Key Strategies

13.3 synthomer plc

13.3.1 Company Overview

13.3.2 Financial Updates

13.3.3 Product/Business Segment Overview

13.3.4 Key Developments

13.3.5 SWOT Analysis

13.3.6 Key Strategies

13.4 DowDuPont

13.4.1 Company Overview

13.4.2 Financial Updates

13.4.3 Product/Business Segment Overview

13.4.4 Key Developments

13.4.5 SWOT Analysis

13.4.6 Key Strategies

13.5 BASF SE

13.5.1 Company Overview

13.5.2 Financial Updates

13.5.3 Product/Business Segment Overview

13.5.4 Key Developments

13.5.5 SWOT Analysis

13.5.6 Key Strategies

13.6 Croda International Plc

13.6.1 Company Overview

13.6.2 Financial Updates

13.6.3 Product/Business Segment Overview

13.6.4 Key Developments

13.6.5 SWOT Analysis

13.6.6 Key Strategies

13.7 Evonik Industries AG

13.7.1 Company Overview

13.7.2 Financial Updates

13.7.3 Product/Business Segment Overview

13.7.4 Key Developments

13.7.5 SWOT Analysis

13.7.6 Key Strategies

13.8 Arkema

13.8.1 Company Overview

13.8.2 Financial Updates

13.8.3 Product/Business Segment Overview

13.8.4 Key Developments

13.8.5 SWOT Analysis

13.8.6 Key Strategies

13.9 Celanese Corporation

13.9.1 Company Overview

13.9.2 Financial Updates

13.9.3 Product/Business Segment Overview

13.9.4 Key Developments

13.9.5 SWOT Analysis

13.9.6 Key Strategies

13.10 Cargill, Incorporated

13.10.1 Company Overview

13.10.2 Financial Updates

13.10.3 Product/Business Segment Overview

13.10.4 Key Developments

13.10.5 SWOT Analysis

13.10.6 Key Strategies

13.11 Stepan Company

1311.1 Company Overview

13.11.2 Financial Updates

13.11.3 Product/Business Segment Overview

13.11.4 Key Developments

13.11.5 SWOT Analysis

13.11.6 Key Strategies

13.12 OXEA GmbH

13.12.1 Company Overview

13.12.2 Financial Updates

13.12.3 Product/Business Segment Overview

13.12.4 Key Developments

13.12.5 SWOT Analysis

13.12.6 Key Strategies

13.13 Runtai Chemical Co., Ltd.

13.13.1 Company Overview

13.13.2 Financial Updates

13.13.3 Product/Business Segment Overview

13.13.4 Key Developments

13.13.5 SWOT Analysis

13.13.6 Key Strategies

13.14 Chemoxy International Ltd

13.14.1 Company Overview

13.14.2 Financial Updates

13.14.3 Product/Business Segment Overview

13.14.4 Key Developments

13.14.5 SWOT Analysis

13.14.6 Key Strategies

13.15 Rudolf GmbH

13.15.1 Company Overview

13.15.2 Financial Updates

13.15.3 Product/Business Segment Overview

13.15.4 Key Developments

13.15.5 SWOT Analysis

13.15.6 Key Strategies

14. Conclusion

LIST OF TABLES

Table 1 Global Coalescing Agent Market, by Region, 2020-2027

Table 2 North America: Coalescing Agent Market, by Country, 2020-2027

Table 3 Europe: Coalescing Agent Market, by Country, 2020-2027

Table 4 Asia-Pacific: Coalescing Agent Market, by Country, 2020-2027

Table 5 Middle East & Africa: Coalescing Agent Market, by Country, 2020-2027

Table 6 Latin America: Coalescing Agent Market, by Country, 2020-2027

Table 7 Coalescing Agent Type Market, by Region, 2020-2027

Table 8 North America: Coalescing Agent Type Market, by Country, 2020-2027

Table 9 Europe: Coalescing Agent Type Market, by Country, 2020-2027

Table 10 Asia-Pacific: Coalescing Agent Type Market, by Country, 2020-2027

Table 11 Middle East & Africa: Coalescing Agent Type Market, by Country, 2020-2027

Table 12 Latin America: Coalescing Agent Type Market, by Country, 2020-2027

Table 13 Coalescing Agent Application Market, by Region, 2020-2027

Table 14 North America: Coalescing Agent Application Market, by Country, 2020-2027

Table 15 Europe: Coalescing Agent Application Market, by Country, 2020-2027

Table 16 Asia-Pacific: Coalescing Agent Application Market, by Country, 2020-2027

Table 17 Middle East & Africa: Coalescing Agent Application Market, by Country, 2020-2027

Table 18 Latin America: Coalescing Agent Application Market, by Country, 2020-2027

Table 19 Global Type Market, by Region, 2020-2027

Table 20 Global Application Market, by Region, 2020-2027

Table 21 North America: Coalescing Agent Market, by Country, 2020-2027

Table 22 North America: Coalescing Agent Market, by Type, 2020-2027

Table 23 North America: Coalescing Agent Market, by Application, 2020-2027

Table 24 Europe Coalescing Agent Market, by Country, 2020-2027

Table 25 Europe Coalescing Agent Market, by Type, 2020-2027

Table 26 Europe Coalescing Agent Market, by Application, 2020-2027

Table 27 Asia-Pacific Coalescing Agent Market, by Country, 2020-2027

Table 28 Asia-Pacific Coalescing Agent Market, by Type, 2020-2027

Table 29 Asia-Pacific Coalescing Agent Market, by Application, 2020-2027

Table 30 Middle East & Africa: Coalescing Agent Market, by Country, 2020-2027

Table 31 Middle East & Africa: Coalescing Agent Market, by Type, 2020-2027

Table 32 Middle East & Africa: Coalescing Agent Market, by Application, 2020-2027

Table 33 Latin America: Coalescing Agent Market, by Country, 2020-2027

Table 34 Latin America: Coalescing Agent Market, by Type, 2020-2027

Table 35 Latin America: Coalescing Agent Market, by Application, 2020-2027

LIST OF FIGURES

FIGURE 1 Coalescing Agent Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Coalescing Agent Market

FIGURE 4 Supply Chain of Coalescing Agent Market

FIGURE 5 Share of Coalescing Agent Market, by Country, 2017 (%)

FIGURE 6 Global Coalescing Agent Market, 2020-2027

FIGURE 7 Sub Segments of Types

FIGURE 9 Coalescing Agent Market size, by Types, 2017 (%)

FIGURE 10 Share of Coalescing Agent Market, by Types, 2020-2027

FIGURE 17 Sub Segments of Application

FIGURE 18 Coalescing Agent Market size, by Application, 2017 (%)

FIGURE 19 Share of Coalescing Agent Market, by Application, 2020-2027