Latest News- Coalescing Agents Market: Paints and coatings is expected to lead the Application segment during 2025-2029

The Coalescing Agents Market is being driven by Increasing demand due to stringent environmental regulations promoting low-VOC coatings

The Coalescing Agents Market is expected to grow at a CAGR of 7.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 712.8 million. In the global coalescing agents market, there is a growing trend towards the utilization of bio-based coalescing agents due to increasing environmental concerns and sustainability objectives. These agents, derived from renewable resources such as plant-based feedstocks, offer a smaller carbon footprint and reduced dependence on fossil fuels. Leading industry players like Dow, Eastman, and BASF are investing significantly in research and development to produce sustainable coalescing agents. For instance, Eastman's Saflex EcoGreen brand offers bio-based coalescing agents derived from natural feedstocks, such as pine trees. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Paints and coatings
  • Adhesives and sealants
  • Inks
  • Others
• Type
  • Hydrophilic
  • Hydrophobic
• Formulation
  • Low-VOC coalescing agents
  • Zero-VOC coalescing agents
  • High-solids formulations
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • North America
    • US
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand due to stringent environmental regulations promoting low-VOC coatings
• Increase in demand due to expanding construction industry
• Increasing preference for water-based coatings over solvent-based alternatives

However, the market also witnesses some limitations, which are as follows:

• Volatility in raw material prices of coalescing agents
• Competition from alternative technologies and materials
• Presence of numerous small-scale manufacturers affects product consistency and quality

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Market Scope in Coalescing Agents Market Research Report

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Research Analysis Overview

The Coalescing Agents Market encompasses the use of coalescents in various industries for enhancing the performance of coatings. Factors influencing market growth include coating formulation, process optimization, and quality control. Application temperature, drying conditions, and interfacial tension impact coalescing process efficiency. Phase separation, particle interaction, and wetting behavior affect film properties such as flexibility, scratch resistance, abrasion resistance, chemical resistance, UV resistance, water resistance, and environmental impact. Regulatory compliance, shelf life, and storage conditions are crucial for market acceptance. Material selection, process control, waste minimization, and sustainable solutions are key trends. Performance testing, stability evaluation, and scratch resistance are essential for ensuring product quality.

Market Research Overview

The global specialty chemicals industry encompasses businesses specializing in high-value-add chemicals utilized in the production of various products, including fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio's market analysis, the specialty chemicals market size is determined by the consolidated revenue generated by these businesses. Key growth drivers for this market include the increasing preference for specialty adhesives and sealants. These products, which facilitate polymer coalescence, droplet size reduction, surface tension reduction, binder dispersion, and emulsion stability, are increasingly sought after due to their superior performance characteristics in various applications. The market is expected to grow significantly during the forecast period due to the expanding demand for these advanced materials in diverse industries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/