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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