Coalescing Agents Market Report

Coalescing Agents Market Report, By Type (Hydrophilic Coalescing Agents, Hydrophobic Coalescing Agents and Partially Water Soluble Coalescing Agents), Application (Adhesives, Coatings, Inks, Paints, Sealants), End Use Industry and Geography - Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : cm2076 | Publish Date : Upcoming | Industry : Chemicals_Materials | Geography : Global


Coalescence is the process by which a uniform and compact film is obtained on drying of organic, polymer-based latex emulsion paints. Coalescent agents promote fusion of the polymer particles to form a uniform and compact film by softening the polymer particles and allowing them to fuse together. Coalescing agents or film formers are used in dispersion paints for optimizing the film formation process of the polymeric binder particles. They typically reduce the minimal formation temperature and therefore, optimize film coherence and properties such as scrub resistance, mechanical properties as well as appearance. Hydrophilic coalescent include glycols or water-soluble glycol ethers, such as PB (propylene glycol butyl ether) and DPB (dipropylene glycol butyl ether). Partially water soluble coalescing agents, typically show highest efficiency and most favourable properties as a coalescing agent. Typically, this group of coalescing agents is concentrated at the boundary region of the polymeric particle. Some examples of Partially water soluble coalescing agents are TPiB (2,2,4-trimethyl-1,3-pentane diol mono-isobutyrate; Texanol) and propylene glycol mono esters of C6/ C10-aliphatic acids. 

Coalescing Agents Market Outlook

The global coalescing agents market is witnessing significant growth owing to expansion of end-use industries across the globe and the increase in demand for high performance coatings. Moreover, the overall market is also being propelled by increasing awareness among the manufacturers for the usage of eco-friendly coalescing agents. In order to provide enhanced properties to the coating formulation the manufacturers present in the value chain have increased the consumption of coalescing agents in their coating formulations. There is a growing requirement for coalescing agents for water based coatings which are more environmentally friendly, and which meet the stricter controls on volatile organic compounds (VOCs) that have recently been implemented in various countries around the world. However, the market is hampered by high production cost of coalescing agents.


Coalescing Agents Market Segmental Overview

The report analyses the global coalescing agents market based on type, application, end use industry and geography. 

Coalescing Agents Market by Type 

Based on type, the market is categorized into hydrophilic coalescing agents, hydrophobic coalescing agents and partially water soluble coalescing agents. Hydrophobic coalescing agents are hydrocarbon solvents. These coalescing agents tend to be concentrated in the dispersed polymeric particle. Generally, these products demonstrate low efficiency as coalescing agent and typically result in poor shelf stability, viscosity increase of the paint, explained by swollen, flocculated particles. Furthermore, representatives of this group are difficult to incorporate properly in a paint formulation and may cause flocculation, reducing gloss, film transparency, opacity and contributing to the VOC level of the paint formulation. 

Coalescing Agents Market by Applications 

Various applications of this market are segmented into adhesives, coatings, inks, paints, sealants and others including cosmetic ingredient, metal working fluids etc. Texanol alcohol ester is the premier coalescent for latex paints. It performs well in all types of latex paints, in a variety of weather conditions, and over substrates with different levels of porosity. Texanol provides the highest level of film integrity at low levels of coalescent, enhancing the performance properties of the paint including low temperature coalescence, touch-up, scrub resistance, wash ability, colour development, thermal flexibility, and resistance to mud cracking. 

Coalescing Agents Market by End Use Industry 

Based on end use industry, the coalescing agents market is categorized into automotive, construction, marine, personal care & pharmaceuticals. Coalescing agent enables better mechanical properties, corrosion resistance, film permeability, film appearance and resistance against harmful chemicals, these properties help the adoption of coatings in numerous numbers of end-use industries. 

Coalescing Agents Market by Geography 

By geography, the global coalescing agents market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East & Africa. Asia Pacific accounted for the largest market share in 2018, primarily driven by increasing manufacturing output coupled with supportive government regulations in countries such as China, India, and Japan. These countries are the major contributors to the growth of adhesives and coatings industries in the region. These industries are witnessing growth owing to the increasing per capita expenditure and growing urbanization. Developed regions such as North America and Europe are also expected to show substantial demand for low VOC coalescing agents due to the rigorous regulations barring the use of commercial coalescing agents.

Coalescing Agents Market Key Players

The leading coalescing agents market players are Addapt Chemicals B.V., Arkema Group, BASF SE, Cargill, Incorporated, Celanese Corporation, Chemoxy International Ltd, Croda International Plc, DowDuPont, Eastman Chemical Company, Elementis Plc, Evonik Industries AG, Hallstar, Oxea GmbH, Patcham FZC, Runtai Chemical Co., Ltd., Stepan Company, Synthomer Plc and XF Technologies Inc. 

Coalescing Agents Market Recent Developments

  • In June 2018, The Dow Chemical Company announced a series of phased, incremental investments to expand its global glycol ethers capacity to meet increasing demand in key end-markets and applications.
  • In December 2017, Evonik Industries AG signed an agreement to acquire the high-concentrates additive compounding business of 3M Group. This expanded the company’s specialty additives for plastic industry, including solid additives.
  • In March 2017, Synthomer plc announced the acquisition of Perstorp Oxo Belgium AB (Perstorp Belgium) from The Perstorp Group, a speciality chemicals innovator and supplier based in Sweden.

The global coalescing agents market is segmented based on type, application, end use industry and geography. Based on type, the market is categorized into hydrophilic coalescing agents, hydrophobic coalescing agents and partially water soluble coalescing agents. Hydrophobic coalescing agents are hydrocarbon solvents. These coalescing agents tend to be concentrated in the dispersed polymeric particle. Various applications of this market are segmented into adhesives, coatings, inks, paints, sealants and others including cosmetic ingredient, metal working fluids etc. Texanol alcohol ester is the premier coalescent for latex paints. Based on end use industry, the coalescing agents market is categorized into automotive, construction, marine, personal care & pharmaceuticals. Coalescing agent enables better mechanical properties, corrosion resistance, film permeability, film appearance and resistance against harmful chemicals, these properties help the adoption of coatings in numerous numbers of end-use industries. By geography, the global coalescing agents market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East & Africa. Asia Pacific accounted for the largest market share in 2018, primarily driven by increasing manufacturing output coupled with supportive government regulations in countries such as China, India, and Japan. 

Why to buy this report:

  • The report offers changing market dynamics in the coalescing agents industry, presenting historical, current and projected market size in terms of value (USD million)
  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of coalescing agents
  • It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the coalescing agents market
  • The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of coalescing agents market