Product Code: PM5029
The global coalescing agents market size is expected to reach USD 2,081.69 Million by 2032, according to a new study by Polaris Market Research. The report "Global Coalescing Agents Market Size, Share, Trends, Industry Analysis Report: By Type (Hydrophilic and Hydrophobic), By Application, and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2024-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global coalescing agents market is poised for significant expansion, driven by a robust demand from the paints & coatings sector, which forms a substantial part of its end-use applications. Coalescing agents are critical in improving the film formation process in waterborne coatings, enhancing their durability, appearance, and overall performance. The key drivers of this market are the growing construction industry, which boosts the need for architectural coatings, and the stringent environmental regulations promoting low-VOC (volatile organic compounds) products.
Additionally, notable trends include the shift toward sustainable and bio-based coalescing agents, reflecting the industry's commitment to reducing environmental impact, and the rising investments in research and development to innovate advanced coalescing agents that meet evolving consumer demands. These developments are expected to drive market growth by enhancing product performance and compliance with stringent environmental regulations, ultimately shaping the future landscape of the North American coalescing agents market.
The coalescing agents market growth is attributed to the ongoing urbanization and infrastructure developments, particularly in emerging economies, that boosts the demand for high-performance coatings.
Furthermore, the European Chemicals Agency (ECHA) reports a rising trend towards sustainable and bio-based coalescing agents, reflecting a broader industry shift towards minimizing environmental impact. Market forecasts indicate robust growth, supported by ongoing investments in research and development to create advanced, high-performance products that align with evolving consumer preferences and regulatory standards.
Coalescing Agents Market Report Highlights
Based on type, the hydrophilic coalescing agents segment is dominating the market. This dominance is driven by the growing preference for waterborne coatings across industries, particularly in the architectural sector.
The hydrophilic segment is also expected to be the highest-growing segment during the forecast period owing to the increasing investments in green building projects and the global trend toward sustainable development.
By application, the paints & coatings coalescing agents market segment dominates the market, driven by the extensive use of coalescing agents in architectural, automotive, and industrial coatings.
The personal care ingredients segment is expected to witness the highest growth rate due to the growing demand for personal care products such as lotions, creams, and sunscreens, which require effective film-forming agents.
North America dominates the coalescing agents market, whereas Asia Pacific is expected to witness the highest growth rate.
Polaris Market Research has segmented the Coalescing Agents market report on the basis of type, application, and region
Coalescing Agents, by Type (Revenue - USD Million, 2019-2032)
Hydrophilic
Hydrophobic
Coalescing Agents, by Application (Revenue - USD Million, 2019-2032)
Paints & Coatings
Adhesives & Sealants
Inks
Personal Care Ingredients
Others
Coalescing Agents, by Region (Revenue - USD Million, 2019-2032)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Coalescing Agents Market Insights
- 4.1. Coalescing Agents Market - Market Snapshot
- 4.2. Coalescing Agents Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing Developments in Construction and Infrastructure Projects is Driving the Market Size
- 4.2.1.2. Shift Toward Eco-Friendly Products Are Driving the Market Growth
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Increasing Regulatory Pressure Regarding Volatile Organic Compounds
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Coalescing Agents Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Coalescing Agents Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 5.3. Hydrophilic
- 5.3.1. Global Coalescing Agents Market, by Ceramic Glass, by Region, 2019-2032 (USD Million)
- 5.4. Hydrophobic
- 5.4.1. Global Coalescing Agents Market, by Laminated Glass, by Region, 2019-2032 (USD Million)
6. Global Coalescing Agents Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 6.3. Paints & Coatings
- 6.3.1. Global Coalescing Agents Market, by Paints & Coatings, by Region, 2019-2032 (USD Million)
- 6.4. Adhesives & Sealants
- 6.4.1. Global Coalescing Agents Market, by Adhesives & Sealants, by Region, 2019-2032 (USD Million)
- 6.5. Inks
- 6.5.1. Global Coalescing Agents Market, by Inks, by Region, 2019-2032 (USD Million)
- 6.6. Personal Care Ingredients
- 6.6.1. Global Coalescing Agents Market, by Personal Care Ingredients, by Region, 2019-2032 (USD Million)
- 6.7. Others
- 6.7.1. Global Coalescing Agents Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Coalescing Agents Market, by Geography
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Coalescing Agents Market Assessment, By Geography, 2019-2032 (USD Million)
- 7.3. Coalescing Agents Market - North America
- 7.3.1. North America: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.3.2. North America: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.3.3. Coalescing Agents Market - U.S.
- 7.3.3.1. U.S.: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.3.3.2. U.S.: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.3.4. Coalescing Agents Market - Canada
- 7.3.4.1. Canada: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.3.4.2. Canada: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.4. Coalescing Agents Market - Europe
- 7.4.1. Europe: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.4.2. Europe: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.4.3. Coalescing Agents Market - UK
- 7.4.3.1. UK: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.4.3.2. UK: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.4.4. Coalescing Agents Market - France
- 7.4.4.1. France: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.4.4.2. France: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.4.5. Coalescing Agents Market - Germany
- 7.4.5.1. Germany: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.4.5.2. Germany: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.4.6. Coalescing Agents Market - Italy
- 7.4.6.1. Italy: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.4.6.2. Italy: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.4.7. Coalescing Agents Market - Spain
- 7.4.7.1. Spain: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.4.7.2. Spain: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.4.8. Coalescing Agents Market - Netherlands
- 7.4.8.1. Netherlands: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.4.8.2. Netherlands: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.4.9. Coalescing Agents Market - Russia
- 7.4.9.1. Russia: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.4.9.2. Russia: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.4.10. Coalescing Agents Market - Rest of Europe
- 7.4.10.1. Rest of Europe: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.4.10.2. Rest of Europe: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.5. Coalescing Agents Market - Asia Pacific
- 7.5.1. Asia Pacific: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.5.2. Asia Pacific: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.5.3. Coalescing Agents Market - China
- 7.5.3.1. China: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.5.3.2. China: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.5.4. Coalescing Agents Market - India
- 7.5.4.1. India: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.5.4.2. India: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.5.5. Coalescing Agents Market - Malaysia
- 7.5.5.1. Malaysia: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.5.5.2. Malaysia: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.5.6. Coalescing Agents Market - Japan
- 7.5.6.1. Japan: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.5.6.2. Japan: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.5.7. Coalescing Agents Market - Indonesia
- 7.5.7.1. Indonesia: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.5.7.2. Indonesia: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.5.8. Coalescing Agents Market - South Korea
- 7.5.8.1. South Korea: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.5.8.2. South Korea: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.5.9. Coalescing Agents Market - Australia
- 7.5.9.1. Australia: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.5.9.2. Australia: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.5.10. Coalescing Agents Market - Rest of Asia Pacific
- 7.5.10.1. Rest of Asia Pacific: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.5.10.2. Rest of Asia Pacific: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.6. Coalescing Agents Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.6.2. Middle East & Africa: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.6.3. Coalescing Agents Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.6.3.2. Saudi Arabia: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.6.4. Coalescing Agents Market - UAE
- 7.6.4.1. UAE: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.6.4.2. UAE: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.6.5. Coalescing Agents Market - Israel
- 7.6.5.1. Israel: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.6.5.2. Israel: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.6.6. Coalescing Agents Market - South Africa
- 7.6.6.1. South Africa: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.6.6.2. South Africa: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.6.7. Coalescing Agents Market - Rest of Middle East & Africa
- 7.6.7.1. Rest of Middle East & Africa: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.6.7.2. Rest of Middle East & Africa: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.7. Coalescing Agents Market - Latin America
- 7.7.1. Latin America: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.7.2. Latin America: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.7.3. Coalescing Agents Market - Mexico
- 7.7.3.1. Mexico: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.7.3.2. Mexico: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.7.4. Coalescing Agents Market - Brazil
- 7.7.4.1. Brazil: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.7.4.2. Brazil: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.7.5. Coalescing Agents Market - Argentina
- 7.7.5.1. Argentina: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.7.5.2. Argentina: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
- 7.7.6. Coalescing Agents Market - Rest of Latin America
- 7.7.6.1. Rest of Latin America: Coalescing Agents Market, by Type, 2019-2032 (USD Million)
- 7.7.6.2. Rest of Latin America: Coalescing Agents Market, by Application, 2019-2032 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Eastman Chemical Company.
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. BASF SE
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Dow Inc.
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Arkema Group
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Evonik Industries AG
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Croda International Plc
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Solvay S.A.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Elementis Plc
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Ashland Global Holdings Inc.
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Synthomer Plc
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Celanese Corporation
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Clariant AG
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
- 9.13. Henkel AG & Co. KGaA
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.14. Wacker Chemie AG
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development
- 9.15. Hexion Inc.
- 9.15.1. Company Overview
- 9.15.2. Financial Performance
- 9.15.3. Product Benchmarking
- 9.15.4. Recent Development