Global Coalescing Agents Market 2019-2023
- Published: Jun 2019
- Pages: 142
- SKU: IRTNTR31495
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The global coalescing agents market size will grow by USD 259.99 million during 2019-2023. This report provides a detailed analysis of the market by type (hydrophilic coalescing agents and hydrophobic coalescing agents), application (paints and coatings, adhesives and sealants, inks, and others), and geography (APAC, Europe, MEA, North America, and South America). The report analyzes the market’s competitive landscape and offers information on several coalescing agents companies, including BASF SE, Cargill Inc., DowDuPont Inc., Eastman Chemical Co., and Evonik Industries AG.
Some of the key findings from our coalescing agents market analysis report are summarized below
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Global Coalescing Agents Industry Overview
Developing nations such as China and India have emerged as manufacturing hubs in APAC. Many vendors are shifting their operations to such countries due to the availability of raw materials, low-cost labor and transportation, and relaxed government regulations. The Chinese government has significant investment plans in the development of urban infrastructure over the next decade. The Indian government is also planning to invest heavily in urban infrastructure projects over the next 20 years. This will have a positive impact on the growth of construction, automotive, and personal care industries.
Additionally, changing lifestyles and increase in disposable incomes of consumers are driving the growth of construction and bedding and furniture industries. The growth in disposable income of consumers is also expected to increase remodeling activities of homes by consumers to adhere to energy-efficient building norms. This will increase the demand for coalescing agents from emerging economies, which will be one of the key factors driving the growth of the global coalescing agents market size.
The growing adoption of DIY is one of the major coalescing agents market trends influencing market growth. The increasing labor costs and the availability of premium paints that are easy to use have increased DIY activities. Countries such as the US, Canada, and Germany are witnessing a strong demand for paints and coatings from DIY consumers. There is also an increase in home improvement projects because of the high cost of residences. As a result of these factors, the global coalescing agents market size is expected to grow at a CAGR of nearly 5% during the forecast period.
Top Coalescing Agents Companies Covered in this Market Research Report
The global coalescing agents market is fairly fragmented. This research report provides a detailed analysis of the market’s competitive landscape and provides information on the products offered by various companies. Key insights provided by this coalescing agents market report will help companies create effective strategies to improve their revenue share.
The report offers a detailed analysis of several leading companies, including:
- BASF SE
- Cargill Inc.
- DowDuPont Inc.
- Eastman Chemical Co.
- Evonik Industries AG
Coalescing Agents Market Segmentation Based on Application
- Paints and coatings
- Adhesives and sealants
Coalescing agents find major applications in paints and coatings. The increased use of water-soluble paints in developed economies such as the US and Europe in automotive and architectural applications is driving the growth of the market in this segment. Moreover, the growth of the automotive sector in APAC is also contributing to the growth of this market segment.
Coalescing Agents Market Segmentation Based on Geography
- North America
- South America
APAC will provide a large number of growth opportunities for coalescing agents companies. The increasing use of adhesives by the packaging industry in the formulation of packaging products such as cartons, corrugated boxes, and flexible packaging products are driving the growth of the market in this region. The increased infrastructural and construction activities in countries such as India, China, Japan, Thailand, and Indonesia also contribute to the growth of coalescing agents market in APAC.
Key Highlights of the Global Coalescing Agents Market Forecast Report for the Period 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the coalescing agents market size during the next five years
- Precise estimation of the global coalescing agents market share, size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the coalescing agents industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of coalescing agents companies
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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