The coalescing agents market size is estimated to increase from USD 1.53 billion in 2024 to USD 2.30 billion by 2034, growing at a CAGR of 4.7% between 2025 and 2034.
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Historical Year
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Typically, coalescing agents are solvents that assist the process of polymer emulsion film formation. Coalescing agents are used as an additive for reducing the minimum film-forming temperature, resulting in optimized film coherence and improving film characteristics such as scrub resistance, abrasion resistance, mechanical characteristics, and appearance.
Coalescing agents for polymer particles function as temporary plasticizers and, thus, decrease the Minimum Film Forming Temperature (MFFT). Coalescing agents enable polymer films to be formed at an ambient temperature. The coalescing agents market can be divided based on segments like type and application.
The industry can be divided on the basis of type as:
The industry can be broadly categorised based on application into:
Looks into the regional coalescing agents industry like:
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During the forecast period, the hydrophilic market segment is expected to experience a higher growth rate. During the forecast period, the application segment for paints and coatings is expected to lead the general market for coalescing agents. In this segment, the large market size is primarily ascribed to the strong demand in multiple end-use industries such as building, automotive, furnishings, and others. Increasing demand for applications such as coil, marine, automotive, original equipment manufacturer, and refinishing for high-performance coatings are driving the demand for coalescing agents. Strong economic growth and increased manufacturing output are driving the Asia Pacific demand for coalescing agents to a large extent.
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The report presents a detailed analysis of the following key players in the global coalescing agents market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the coalescing agents market by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global coalescing agents market attained a value of nearly USD 1.53 billion.
The market is projected to grow at a CAGR of 4.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2.30 billion by 2032.
The major drivers of the market include the increasing demand for applications, increasing disposable incomes, and rapid urbanisation.
Technological advancements are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Major types of products in the coalescing agents market are hydrophilic coalescing agent and hydrophobic coalescing agent.
The significant applications of the product are paints and coatings, adhesive and sealants, inks, and personal care ingredient, among others.
The major players in the market are Evonik Industries AG, Elementis Plc, Synthomer Plc, Celanese Corporation, Croda International Plc, Cargill, Incorporated, and Arkema Group, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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