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Global Coalescing Agents Market: By Type: Hydrophilic Coalescing Agent, Hydrophobic Coalescing Agent; By Application: Paints and Coatings, Adhesive and Sealants, Inks, Personal Care Ingredient, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments
Global Coalescing Agents Market Outlook
The coalescing agents market size is estimated to increase from USD 1.3 billion in 2020 to USD 1.5 billion by 2026, growing at a CAGR of 4.5% between 2021 and 2026.
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Typically, coalescing agents are solvents that assist the process of polymer emulsion film formation. Coalescing agents are used as an additive for reducing the minimum film-forming temperature, resulting in optimized film coherence and improving film characteristics such as scrub resistance, abrasion resistance, mechanical characteristics, and appearance.
Properties and Applications
Coalescing agents for polymer particles function as temporary plasticizers and, thus, decrease the Minimum Film Forming Temperature (MFFT). Coalescing agents enable polymer films to be formed at an ambient temperature. The coalescing agents market can be divided based on segments like type and application.
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The industry can be divided on the basis of type as:
- Hydrophilic Coalescing Agent
- Hydrophobic Coalescing Agent
The industry can be broadly categorised based on application into:
- Paints and Coatings
- Adhesive and Sealants
- Inks
- Personal Care Ingredient
- Others
The EMR report looks into the regional coalescing agents markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
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Market Analysis
During the forecast period, the hydrophilic market segment is expected to experience a higher growth rate. During the forecast period, the application segment for paints and coatings is expected to lead the general market for coalescing agents. In this segment, the large market size is primarily ascribed to the strong demand in multiple end-use industries such as building, automotive, furnishings, and others. Increasing demand for applications such as coil, marine, automotive, original equipment manufacturer, and refinishing for high-performance coatings are driving the demand for coalescing agents. Strong economic growth and increased manufacturing output are driving the Asia Pacific demand for coalescing agents to a large extent.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global coalescing agents market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Evonik Industries AG
- Elementis Plc
- Synthomer Plc
- Celanese Corporation [NYSE: CE]
- Croda International Plc
- Cargill, Incorporated
- Arkema Group
- Others
The EMR report gives an in-depth insight into the coalescing agents market by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | Hydrophilic Coalescing Agent, Hydrophobic Coalescing Agent |
| Breakup by Application | Paints and Coatings, Adhesive and Sealants, Inks, Personal Care Ingredient, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Evonik Industries AG [EVK (ETR)], Elementis Plc [ELM (LON)], Synthomer Plc, Celanese Corporation [CE (NYSE)], Croda International Plc [CRDA (LON)], Cargill, Incorporated, Arkema Group, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Coalescing Agents Market Analysis
6.1 Global Coalescing Agents Market (2016-2020) & Forecast (2021-2026)
6.2 Global Coalescing Agents Market Breakup by Type
6.2.1 Hydrophilic Coalescing Agent
6.2.2 Hydrophobic Coalescing Agent
6.3 Global Coalescing Agents Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
6.3.1 Hydrophilic Coalescing Agent
6.3.2 Hydrophobic Coalescing Agent
6.4 Global Coalescing Agents Market Breakup by Application
6.4.1 Paints and Coatings
6.4.2 Adhesive and Sealants
6.4.3 Inks
6.4.4 Personal Care Ingredient
6.4.5 Others
6.5 Global Coalescing Agents Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 Paints and Coatings
6.5.2 Adhesive and Sealants
6.5.3 Inks
6.5.4 Personal Care Ingredient
6.5.5 Others
6.6 Global Coalescing Agents Market by Region
6.6.1 North America
6.6.1.1 United States of America
6.6.1.2 Canada
6.6.2 Europe
6.6.2.1 Germany
6.6.2.2 United Kingdom
6.6.2.3 France
6.6.2.4 Italy
6.6.2.5 Others
6.6.3 Asia Pacific
6.6.3.1 China
6.6.3.2 Japan
6.6.3.3 India
6.6.3.4 ASEAN
6.6.3.5 Others
6.6.4 Latin America
6.6.4.1 Brazil
6.6.4.2 Argentina
6.6.4.3 Mexico
6.6.4.4 Others
6.6.5 Middle East & Africa
6.6.5.1 Saudi Arabia
6.6.5.2 United Arab Emirates
6.6.5.3 Nigeria
6.6.5.4 South Africa
6.6.5.5 Others
6.7 Global Coalescing Agents Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.7.1 North America
6.7.1.1 United States of America
6.7.1.2 Canada
6.7.2 Europe
6.7.2.1 Germany
6.7.2.2 United Kingdom
6.7.2.3 France
6.7.2.4 Italy
6.7.2.5 Others
6.7.3 Asia Pacific
6.7.3.1 China
6.7.3.2 Japan
6.7.3.3 India
6.7.3.4 ASEAN
6.7.3.5 Others
6.7.4 Latin America
6.7.4.1 Brazil
6.7.4.2 Argentina
6.7.4.3 Mexico
6.7.4.4 Others
6.7.5 Middle East & Africa
6.7.5.1 Saudi Arabia
6.7.5.2 United Arab Emirates
6.7.5.3 Nigeria
6.7.5.4 South Africa
6.7.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Competitive Landscape & Supplier Analysis
9.1 Evonik Industries AG [EVK (ETR)]
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Elementis Plc [ELM (LON)]
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Synthomer Plc
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Celanese Corporation [CE (NYSE)]
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Croda International Plc [CRDA (LON)]
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Cargill, Incorporated
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 Arkema Group
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 Others
10 Industry Events and Developments
Additional Customisations Available:
1 Cost Analysis
1.1 Land, Location and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investment
Key Questions Answered in the Report
In 2020, the global coalescing agents market attained a value of nearly USD 1.3 billion.
The market is projected to grow at a CAGR of 4.5% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 1.5 billion by 2026.
The major drivers of the market include the increasing demand for applications, increasing disposable incomes, and rapid urbanisation.
Technological advancements are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of the product are hydrophilic coalescing agent and hydrophobic coalescing agent.
The significant applications of the product are paints and coatings, adhesive and sealants, inks, and personal care ingredient, among others.
The major players in the industry are Evonik Industries AG, Elementis Plc, Synthomer Plc, Celanese Corporation, Croda International Plc, Cargill, Incorporated, and Arkema Group, among others.
Analyst Review
The global coalescing agents market attained USD 1.3 billion in 2020, driven by the increasing demand for applications. Aided by the technological advancements, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 4.5%. The market is expected to attain USD 1.5 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is bifurcated into hydrophilic coalescing agent, and hydrophobic coalescing agent. On the basis of application, the market is divided into paints and coatings, adhesive and sealants, inks, and personal care ingredient, among others. The major regional markets for coalescing agents are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Evonik Industries AG, Elementis Plc, Synthomer Plc, Celanese Corporation, Croda International Plc, Cargill, Incorporated, and Arkema Group, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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