Last Updated: 23-07-2025 | Format: PDF | Report ID:1600 | Author: Lily
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | Revenue (USD Million) |
| What is the projected market size by 2035? | $2,450 Million |
| What is the market CAGR from 2025 to 2035? | 4.8% |
| Which region dominates the market? | South (31%) |
| Which product/service type dominates the market? | Low VOC (39%) |
| Which application leads the market? | Paints & Coatings (49%) |
| Who are the major buyers? | Paint & Coating Manufacturers (44%), Industrial End-users (20%) |
| What are the key market growth drivers? | Stringent environmental regulations are propelling demand for low-VOC and eco-friendly coalescing agents; Growing construction and refurbishment activity is driving consumption of coalescing agents in paints & coatings |
| What are the major market challenges? | Volatility in raw material prices creates operational risks for manufacturers; Customer reluctance to rapidly shift from legacy solvent-based products impedes adoption of new technologies |
| What is the forecast period? | 2026–2035 |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| Who are the key market players? | Dow, Eastman Chemical Company, Evonik Industries AG, BASF SE, Arkema Group, Solvay S.A., Synthomer plc, Allnex, Elementis plc, Celanese Corporation, Croda International Plc, DOWA Hightech Co., Ltd., BYK Additives (ALTANA), AkzoNobel N.V., Mitsubishi Chemical Group Corporation |
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