Coalescing agents are film formation aids, which is used in coatings. For example, coalescing agents are used in latex coatings where it provides the proper flow to the latex resin, thus resulting in smooth film formation. The coalescing agent often applied as a temporary plasticizer for a film-forming polymer. Coalescing agent softens the polymer during the crucial period of fusion so that the individual particles combine to form a continuous film. Reduction of polymer particle surface area, Increase in capillary forces by controlled evaporation of water, reduction repulsive forces between polymer particles, are the primary functions of coalescing agents. Types of coalescing agents include hydrophobic coalescing agents, hydrophilic coalescing agents: water-soluble, partially water-soluble coalescing agents. Coalescing agents are utilized in different applications such as paints & coatings, adhesive & sealants, inks and others.
MARKET DYNAMICS
Growing applications of coalescing agents in paints and coatings, inks, etc. will drive the market growth of coalescing agent. Furthermore, the rising demand for the eco
- friendly coalescing agent will result in the demand growth of the coalescing agent market. Predominantly, high production cost coalescing agent may hamper the growth for the coalescing agent market. However, features offered by the coalescing agents such as abrasion resistance, scrub resistance, appearance and mechanical properties will create opportunities for the coalescing agent market.
MARKET SCOPE
The "Coalescing Agent Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the coalescing agent market with detailed market segmentation by type, application and region. The coalescing agent market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading coalescing agent market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The coalescing agent market is segmented on the basis of type, application. On the basis of type, the coalescing agent market is segmented into, hydrophilic coalescing agent, hydrophobic coalescing agent. On the basis of application, the coalescing agent market is segmented into, paints & coatings, adhesive & sealants, inks, personal care ingredient, others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the coalescing agent market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The coalescing agent market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the coalescing agent market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the coalescing agent market in these regions.
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MARKET PLAYERSThe reports cover key developments in the coalescing agent market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from coalescing agent market are anticipated to lucrative growth opportunities in the future with the rising demand for coalescing agent in the global market. Below mentioned is the list of few companies engaged in the coalescing agent market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the coalescing agent market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
-Arkema Group
-BASF SE
-Cargill, Incorporated
-Celanese Corporation
-Croda International Plc
-Eastman Chemical Company
-Elementis Plc
-Evonik Industries AG
-Stepan Company
-Synthomer Plc
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