Coalescing Agent : Rising demand for adhesives, sealants, and Paints and Coatings
Rising demand for adhesives, sealants, and paints and coatings across various end-use sectors, including construction, automotive, and furniture
The global Coalescing Agent Market size was USD 1.26 Billion in
2022 and is expected to reach USD 1.92 Billion in 2032, and register a revenue
CAGR of 4.8% during the forecast period. Rising demand for adhesives, sealants,
and Paints and Coatings across various end-use sectors, including
construction, automotive, and furniture, is one of the major factors driving
market revenue growth.
Coalescing agents are in high demand due to their capacity
to improve the performance of aqueous coatings, adhesives, and sealants, which
are replacing conventional solvent-based systems as a result of tightening
environmental regulations.
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Top Leading Players in Coalescing Agent Market:
- Eastman Chemical Company
- Arkema Group
- Dow Chemical Company
- Solvay SA
- Celanese Corporation
- BASF SE
- Evonik Industries AG
- Reichhold LLC
- Lanxess AG
- OMNOVA Solutions Inc.
Coalescing Agent Market Segmentation;
By Type
Outlook:
- Hydrophilic
- Hydrophobic
By
Application Outlook
·
Architectural
·
Industrial
Regional
scope:
North
America; Europe; Asia Pacific; Latin America; Middle East & Africa
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