North America Coalescing Agent Market size was valued at USD x billion in 2021, growing at a CAGR of x% during the forecast period 2022-2028. Rapid urbanization in emerging economies, increasing demand from end user industries, growing demand for high-performance coatings and increasing demand for environmentally-friendly coalescent agents are some key factors influencing the market growth. Coalescing agent can be added during the letdown stage of coating resins formulation and generally used in water-borne coatings. In high-end applications where the process has been taken out in a HPHT (high pressure and high temperature environment) environment there is a need of high performance coatings that can withstand high temperatures for a long term. Hence, growth in end-use industries such as construction and automotive, as well as increasing disposable income, is majorly driving the demand for a coalescing agent market. The cost of formulation of non-VOC content coalescing is relatively high, which dents the market growth in the future. Rising raw material prices for the formulation of coalescing agent acts as an adoption barrier. Furthermore, lack of attentiveness regarding the ill effects created by the coalescing agent may further restrain the market growth. North America Coalescing Agent market is surging owing to frequent acquisitions and launchings by the market players. For Instance, In June 2018, The Dow Chemical Company (US) announced a series of phased expansion of its North America glycol capacity through a series of seven debottlenecking and incremental expansion projects. The company will increase the production capacity of select p-series and performance glycol ethers, including the DOWANOL Glycol Ethers product line.