Global Coalescing Agent Market is Expected At a CAGR 5.04% of During the Forecast Period 2022-2029
Coalescing agent market will grow at a rate of 5.04% for the forecast period of 2021 to 2028.
Increasing demand from growing end-use industries is a vital factor driving the
growth of coalescing agent market.
However, increasing production cost of coalescing
agent is the vital factor among others acting as restraints, while rising
compliance with stringent regulations and standards will further challenge the
growth of coalescing agent market in the forecast period mentioned
above. Coalescing agents are a type of chemical compound that is used in the
formulation of films of the polymer bonds in paints and coatings. They are used
as an additive to reduce the complication process in formulation of films by
reducing the formulation temperature. This helps in ensuring that the paints
& coatings have a smooth finish to the end-products.
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Market Analysis and Insights
Increasing
adoption of the coalescing agent in various end-use industries such as
construction and marine is the vital factor escalating the market growth, also
rising rapid urbanization in emerging economies, rising strict government guidelines
and regulations prohibiting use of conventional additives and solvents that are
non-environmental friendly and toxic in nature, rising demand for coalescing
agent from paints and coatings and adhesives and sealants, rising end-use
industries such as construction and marine across the globe and the increase in
demand for high-performance coatings in these end-use industries are the
major factors among others driving the coalescing agent market. Moreover,
rising demand for environment-friendly coalescing agents and increasing
research and development activities in the market will further create new
opportunities for the coalescing agent market in the forecast period of 2021-
2028.
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Global Coalescing Agent Market Scope
The
growth amongst the different segments helps you in attaining the knowledge
related to the different growth factors expected to be prevalent throughout the
market and formulate different strategies to help identify core application
areas and the difference in your target markets.
·
Based on type, the coalescing agent market is segmented
into hydrophobic coalescing agents and hydrophilic coalescing agents.
Hydrophobic coalescing agents have been further segmented into water soluble
and partially water soluble.
·
The coalescing agent market is also segmented on the basis of
animal into paints & coatings, adhesive & sealants, inks and
personal care ingredients.
Global Coalescing Agent Market
Country Level Analysis
The
countries covered in the coalescing agent market report are U.S., Canada and Mexico
in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium,
Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India,
South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines,
Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E,
Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of
Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as
part of South America.
The
country section of the coalescing agent market report also provides individual
market impacting factors and changes in regulation in the market domestically
that impacts the current and future trends of the market. Data points such as
consumption volumes, production sites and volumes, import export analysis,
price trend analysis, cost of raw materials, down-stream and upstream value
chain analysis are some of the major pointers used to forecast the market
scenario for individual countries. Also, presence and availability of global
brands and their challenges faced due to large or scarce competition from local
and domestic brands, impact of domestic tariffs and trade routes are considered
while providing forecast analysis of the country data.
Asia-Pacific
dominates the coalescing agent market due to rising rapid urbanization in
emerging economies, rising adoption of the coalescing agent in various end-use
industries such as construction and marine, rising strict government guidelines
and regulations prohibiting use of conventional additives and solvents that are
non-environmental friendly and toxic in nature, rising demand for coalescing
agent from paints and coatings and adhesives and sealants and rising end-use
industries such as construction and marine in this region.
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Major TOC of the Global
Coalescing Agent Market Report
Chapter One:
MARKET
SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET
OVERVIEW
Competitive Landscape and Global
Coalescing Agent Market Share Analysis
Details
included are company overview, company financials, revenue generated, market
potential, investment in research and development, new market initiatives,
global presence, production sites and facilities, production capacities,
company strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies’ focus related to coalescing agent market.
The major players covered in the coalescing
agent market report are
Akzo Nobel N.V., Cargill Incorporated, Evonik
Industries AG, Celanese Corporation, Eastman Chemical Company, Croda
International Plc, BASF SE, Arkema, synthomer plc, DowDuPont, Solvay, Elementis
plc, Hallstar, PATCHAM(FZC), Stepan Company, Krishna Antioxidants Pvt. Ltd
(KAPL), Runtai chemical Limited, Rudolf GmbH, King Industries Inc, xF
Technologies Inc., OXEA GmbH, Chemoxy International Ltd, Ascend Performance
Materials and SINO-JAPAN CHEMICAL CO.LTD among other domestic and global
players. Market share data is available for global, North America, Europe,
Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.
DBMR analysts understand competitive strengths and provide competitive analysis
for each competitor separately.
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