(MENAFN- America News Hour) Coalescing Agent market Overview
The Global Coalescing Agent market research report gives
an in-depth evaluation of the sectors for the forecast years from 2019-2026.
The Coalescing Agent sector report comprises the market size, CAGR, market
share, end-user applications, and future growth trends. The market research on Coalescing
Agent is definite but involves all essential market information that is vital
to a customer of the industry.
The global Coalescing Agent market was valued at USD
1.001 Billion in 2018 and is expected to reach USD 1.468 Billion by the year
2026, at a CAGR of 4.9%. The coalescing agent is a chemical compound that
optimizes process of film formation in polymers. The coalescing agent is used
to optimize film coherence, improve abrasions resistance and other mechanical
properties, and reduce the film formulation temperature.
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and facts and figures) of the Coalescing Agent market report, [email protected] https://www.marketexpertz.com/sample-enquiry-form/83641
The following manufacturers have been studied in this
report by assessing the sales, gross revenue, and market share for each
company:
Eastman Chemical Company,
DowDuPont, Rudolf GmbH, Stepan Company, BASF SE, Evonik Industries AG,
Elementis Plc, OXEA GmbH, Arkema, Synthomer Plc, Celanese Corporation, Croda
International Plc, Cargill, Incorporated, and Arkema Group, among others.
In critical recent developments 3M, a manufacturing
company is in talks with German Industrial giant Evonik Industries, who wants
to expand its product range in additives by acquiring 3M's high-concentrates
additive compounding business. In another acquisition British chemical company,
synthomer plc. Acquired Perstorp Oxo Belgium AB, to widen its services offered
in paints & coatings additives market.
The Coalescing Agent market is much fragmented and
includes a large number of manufacturing as well as chemical giants.
Additionally, the market players are using various strategies like new product
launches, joint ventures, expansions, agreements, partnerships.
The Dow Chemical Company announced expansion strategy, in
which they are planning the phased expansion of its global glycol capacity with
other expansion projects. The Dow Chemical Company is looking to expand its production
capabilities of performance glycol ethers that include the DOWANOL Glycol
p-series and Ethers product line.
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Segments covered in
the report:
Type (Revenue, USD
Million; 2016–2026)
- Hydrophilic Coalescing Agent
- Hydrophobic Coalescing Agent
Application Type
(Revenue, USD Million; 2016–2026)
- Paints & Coatings
- Adhesive & Sealants
- Inks
- Personal Care Ingredient
- Others
End Use (Revenue, USD
Million; 2016–2026)
- Construction
- Marine
- Automotive
- Personal care & pharmaceuticals
- Others
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Salient Trends of the Coalescing Agent Market
- Rising urbanization and
industrialization is expected to support the market growth during coming years.
For instance, increased levels of urbanization and industrialization has pushed
demand for coalescing agents in paints and coatings industry.
- There are stringent government
standards and regulations of VOC emission. The increasing focus of developing
coalescing agent with zero VOC content is likely to support the market growth
during forecast period.
- Asia Pacific region has the
highest market share of Coalescing agent market. Asia Pacific is anticipated to
hold 42.9 % of market share by year 2026
- Coalescing Agent are majorly
sold over the counter across the globe. High production cost and volatile raw
material prices are major challenges for the market growth across the globe.
- Stringent government standards
and regulations related to Coalescing Agent is the major restraining factor
hindering the coalescing agent market growth.
Regional Landscape Analysis for Coalescing
Agent Market:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South
Africa)
Market-O-Nomics:
- As of 2018, Hydrophilic
Coalescing Agent is the leading product segment of the global Coalescing Agent
market by type. Also, Hydrophilic Coalescing Agent segment is expected to
register highest CAGR of 5.0 % among Coalescing Agent by type.
- Hydrophobic Coalescing Agent
segment was valued at 468.8 million in 2018 and is expected to grow at the
second largest rate of 4.7 %. Increasing demand from end-use industries is the
primary factor contributing to the market growth of this product segment
- The market for Paints &
Coatings application type segment is expected to continue dominate the
coalescing agent market and reach USD 660 Million by year 2026 from USD 440
Million in 2018, growing at a CAGR of 5.2% during the forecast period
2019-2026.
- The Adhesive & Sealants
application type segment is expected to register a CAGR of 4.5 % during
2019-2026 and expected to reach USD 230 million mark by 2026.
- Asia-Pacific regional segment
of the Coalescing Agent market is expected to remain highest growing segment
during 2019-2026, at a CAGR of 5.6%; owing it to the rising demand for
coalescing agent from paints and coatings industry in developing nations such
as China & India.
- Asia Pacific region stands at
USD 420 Million in 2018 and is expected to reach USD 630 million mark by 2026
- Europe regional segment has
second largest market share of coalescing agent market, holding 23.5 % of the
market in 2018. The segment is growing at a CAGR of 4.8 % and is expected to
reach USD 345 Million value by 2026 from current USD 235 Million in 2018.
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The report will offer a clear view of each and every fact
relating to the industry, rendering it unnecessary to refer to any other source
of information or a data source. Our report will deliver all details relating
to the historical development, existing scenario, and accurate insights into
the Coalescing Agent Market.
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