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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Coalescing Agents Market
Request Now !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.
However, high production cost of coalescing agent and compliance with stringent regulations and standards might restrict the growth in this market.
Market scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years | 2020–2030 |
Base Year Considered | 2020 |
Forecast Period | 2021–2030 |
Forecast Unit | Value (USD) |
Segments Covered | Type, Application, and Region |
Companies Covered | Arkema Group, BASF SE, Cargill, Incorporated, Celanese Corporation, Croda International Plc, Eastman Chemical Company, Elementis Plc, Evonik Industries AG, Stepan Company, Synthomer Plc |
Covid-19 Impact Analysis
Top Impacting Factors
Strict regulations imposed by government that prohibits the use of conventional solvents and additives that are toxic have led the demand for coalescing agent. Coalescing agent used as an additive to reduce the minimum film formation temperature this results in optimize film coherence and improve properties such as abrasion resistance, scrub resistance, appearance, and mechanical properties. Moreover, rising demand for environment-friendly coalescing agent that supported the growth of hydrophilic will also help the market to attract huge attention. Growing application of coalescing agent in, inks, paints & coatings personal care ingredient, adhesive & sealants, and others is also driving demand in this market.
Market trends
Key Benefits of the Report
Questions answered in the Coalescing Agents Market Report
Key Market Segments
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