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Coalescing Agents Market Share

ID: MRFR//6071-HCR | 140 Pages | Author: Anshula Mandaokar| November 2024

To participate in the Coalescing Agents Market, which is very competitive and has many different aspects, companies use market share positioning strategies to meet the needs of the different industries that use these agents. Differentiating products and adapting applications are basic tactics. Coagulating products are being studied and developed by companies to make coats, glue, and seals better. Brands market themselves as all-in-one suppliers for building materials, paints, and fabrics by offering combine agents that form excellent films, work well at low temperatures, and work with a wide range of recipes.
Because they stay stable and last a long time in wet, humid, and rough conditions, hot-melt adhesives are popular in the package and car industries. Pressure-sensitive adhesives are in high demand because more food is being packed in them. The packing business has grown because more people are working and more people want fast food. This is expected to increase the need for combining agents.
How you set your prices affects your market share in the Coalescing Agents Market. Some companies start with price and market their combining agents as low-cost options. Companies that want to add coatings and adhesives at a low cost will like this process. Coalesce agents, on the other hand, are priced higher because they are high-performance and specialized. Brands that focus on low smell, film formation, and environmental friendliness are aimed at groups that care about quality and regularity when it comes to combining agents, even if they cost more.
Getting a big share of the Coalescing Agents Market needs good marketing. Companies heavily push coalescing agents because they improve film quality, VOC reduction, and application variety. Coatings and glue groups, digital material, and industry events all help build trust in a company and make it more visible. People buy combine agents when marketing efforts talk about how cost-effective they are, how they can be used in different industries, and how they can solve formulation issues.
To get a bigger share of the market, you need to optimize your marketing channels. Coagulation agents are easy to get and can be used in a lot of different situations because they work with chemical wholesalers, coatings makers, and glue formulators. Working together with end-users like paint and building companies increases awareness and accessibility, putting brands in touch with key decision-makers in sectors that depend on merging agents.
Strategic partnerships are important for getting a bigger share of the Coalescing Agents Market. By teaming up with study centers, environmental groups, and producers of raw materials, businesses can use skills that support their own. Collaborations can lead to joint research and development, unique combinations of combining agents, and new market trends and chances.

Educating consumers is a key part of placing Coalescing Agents Market share. Brands teach people who make paints, glue, and building materials about the benefits and uses of combining agent formulas. Companies help people make smart decisions by giving them technical information, case studies, and useful insights. This builds trust and brand loyalty.

Covered Aspects:

Report Attribute/Metric	Details
Base Year For Estimation	2021
Historical Data	2019 & 2020
Forecast Period	2022 to 2030
Growth Rate	of 5.1%(2022-2030

Coalescing Agents Market Highlights:

Coalescing Agents Market Trends

Coalescing Agents Market Analysis

Coalescing Agents Market Share

Coalescing Agents Companies

Coalescing Agents Market overview

Coalescing Agents Market Size was valued at USD 1.21 Billion in 2023. The Coalescing Agents industry is projected to grow from USD 1.27 Billion in 2024 to USD 1.87 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.98% during the forecast period (2024 - 2032). And coalescing agents are basically solvents that help optimize the film formation process of polymer emulsion. Coalescing agents are used as an additive to bring down the minimum film formation temperature, develop optimized film coherence, and improve film properties such as resistance, mechanical properties, abrasion resistance, and appearance. The global market of coalescing agents has been divided based on type as hydrophilic and hydrophobic, and the hydrophilic section of the market is projected to observe a higher CAGR during the forecast period, whereas hydrophilic coalescing agents are classified into water-soluble and low water-soluble. The low water-soluble is one of the most frequently used coalescing agents owing to their high regulation, low water solubility, and brought to the risk of pervasive in the porous substrate. However, increasing the ultimatum for an environment-friendly coalescing agent also supports the extension of the hydrophilic section.

Coalescing Agents Market Overview

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Regional Analysis

Asia-Pacific is expected to grow at a significant CAGR owing to economic development in the region, which is increasing the application of coalescing agents in end-use industries such as automotive, construction, and aerospace. China, India, South Korea, Australia, Malaysia, Indonesia, and Thailand are witnessing phenomenal industrial growth, which is expected to increase the application of coalescing agents in industrial coatings. Industrial coatings are used for corrosion control in concrete and steel, majorly used in equipment and machinery which is expected to drive the growth of the Asia-Pacific market during the forecast period.

The increase in consumption of paints and coatings in North America, supported by strong growth in the automotive and aerospace industries is expected to fuel the demand for coalescing agents. The Middle East & Africa is expected to witness healthy growth owing to robust construction activities in the region, is propelling the demand for paint & coatings to be used for decorating and protecting infrastructure and building.

Key Players

List of the prominent companies in the global coalescing agents market are

Elementis plc (UK), Eastman Chemical Company (US), synthomer plc (UK), DowDuPont (US), BASF SE (Germany), Croda International Plc (UK), Evonik Industries AG (Germany), Arkema (France), Celanese Corporation (US), Cargill, Incorporated (US), Stepan Company (US), OXEA GmbH (Germany), Runtai Chemical Co., Ltd.(China), Chemoxy International Ltd (UK), and Rudolf GmbH (Indonesia).

Market Overview:

Coalescing agents are solvents used in dispersion paints for optimizing the film formation process of the polymeric binder particles. The growing demand for paints & coatings in the construction, automotive, marine, aerospace, and packaging industries is expected to fuel the market growth during the forecast period. Increasing construction activities have propelled the demand for paint & coatings. For instance, Walt Disney World construction project in Saudi Arabia value USD 64 billion, London Cross rail Project worth over USD 23 billion and Hong Kong-Zhuhai-Macao Bridge in China are few of the big construction projects. Thus, the increasing number of construction projects across the globe is projected to accelerate the demand for paint & coatings to protect buildings and infrastructure from weathering, which is expected to boost the growth of the global coalescing agents market during the forecast period.

Global Coalescing Agents Market Share, by Application, 2017 (%)

Coalescing agent Market

Source: MRFR analysis

Regional Analysis

Market Segmentation

The global coalescing agents market has been segmented on the basis of type, application, and region.

Based on type, the global coalescing agents market has been segregated into hydrophilic and hydrophobic.

By application, the global coalescing agents market has been divided into paint & coatings, adhesive & sealants, ink, and others.

The global coalescing agents market, by region, has been studied across five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Recent Development

The paints and coating solicitation segment is calculated to lead the overall coalescing agents market during the projection period. The wide market size in this section is primarily attributed to the high demand in different end-use industries, such as automotive, construction, furniture and woodworking, and others. Growing demand for great performance coating for applications, like coil, marine, automotive, and OME refinish fuels the demand for the coalescing agents in this section. The APAC region is the widest customer of coalescing agents across the world and this region of coalescing agent market is also calculated to witness the highest CAGR between 2018 and 2023. Powerful economic growth and increasing manufacturing outputs are primarily fueling the demand for coalescing agents in the region.

Intended Audience

High-Performance Paints and Coatings Manufacturers

Traders and Distributors of Coalescing Agents

Research and Development Institutes

Potential Investors

Raw Material Suppliers

Nationalized Laboratories

Coalescing Agents Companies

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