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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 (2017-2027); 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 | 2017-2021 |
| Forecast Period | 2022-2027 |
| 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, 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
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Coalescing Agents Market Analysis
8.1 Key Industry Highlights
8.2 Global Coalescing Agents Historical Market (2017-2021)
8.3 Global Coalescing Agents Market Forecast (2022-2027)
8.4 Global Coalescing Agents Market by Type
8.4.1 Hydrophilic Coalescing Agent
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Hydrophobic Coalescing Agent
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Coalescing Agents Market by Application
8.5.1 Paints and Coatings
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Adhesive and Sealants
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Inks
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Personal Care Ingredient
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Others
8.6 Global Coalescing Agents Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Evonik Industries AG
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Elementis PLC
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Synthomer PLC
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Celanese Corporation
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Croda International PLC
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Cargill, Incorporated
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Arkema Group
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Coalescing Agents Market: Key Industry Highlights, 2017 and 2027
2. Global Coalescing Agents Historical Market: Breakup by Type (USD Billion), 2017-2021
3. Global Coalescing Agents Market Forecast: Breakup by Type (USD Billion), 2022-2027
4. Global Coalescing Agents Historical Market: Breakup by Application (USD Billion), 2017-2021
5. Global Coalescing Agents Market Forecast: Breakup by Application (USD Billion), 2022-2027
6. Global Coalescing Agents Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Coalescing Agents Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Coalescing Agents Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Coalescing Agents Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Coalescing Agents Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Coalescing Agents Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Coalescing Agents Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Coalescing Agents Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Coalescing Agents Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Coalescing Agents Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Coalescing Agents Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Coalescing Agents Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global Coalescing Agents Market Structure
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 2022-2027 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 2022-2027, 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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