Global Coalescing Agents Market to Reach $1.8 Billion by 2030
The global market for Coalescing Agents estimated at US$1.2 Billion in the year 2023, is expected to reach US$1.8 Billion by 2030, growing at a CAGR of 5.6% over the period 2023-2030. Hydrophilic Coalescing Agents, one of the segments analyzed in the report, is expected to record 5.9% CAGR and reach US$1 Billion by the end of the analysis period. Growth in the Hydrophobic Coalescing Agents segment is estimated at 5.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $316.2 Million, While China is Forecast to Grow at 8.7% CAGR
The Coalescing Agents market in the U.S. is estimated at US$316.2 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$407.2 Million by the year 2030 trailing a CAGR of 8.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 4.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
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