The global demand for Adhesion Promoters Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of XX% under the study period 2023 - 2030.
Adhesion promoters are bi-functional compounds that improve the adhesive strength between the coating and the substrate. They are also known as coupling agents. Adhesion promoters based on silanes, which are extensively employed as additives in adhesives and sealants, are made with thin-film thickness. Adhesion promoters are compounds applied to the substrate material to improve the adhesion capabilities of an adhesive or sealant. They are utilized in various applications, including paints and coatings. They are also employed in the production of high-performance rubbers and weatherable paints and to increase the dependability of flat panel displays and semiconductors. The most common uses of adhesive promoters include plastics and composites, paints and coatings, rubber, adhesives, metals, and others.
Market Dynamics
The rise in demand for adhesion promoters in the automotive industry and the increased use of adhesion promoters in composites are key factors driving the adhesion promoters market. The adhesion promoters market is expanding rapidly due to the increasing adoption of promoters in electronic devices such as printed circuit boards and others. The ease of obtaining raw materials is expected to increase the demand for adhesion promoters. Technological advances are taking place in the worldwide adhesion promoters market, prompting manufacturers to increase their production of adhesion promoters. As a result, industries are constantly creating new and improved adhesion promoters. However, the poor environmental effect of certain Adhesion Promoters and the undeveloped recycling market is expected to stifle expansion throughout the predicted period.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of adhesion promoters. The growth and trends of adhesion promoters industry provide a holistic approach to this study.
Market Segmentation
This section of the adhesion promoters market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Silane
- Maleic Anhydride
- Chlorinated Polyolefins
- Titanate & Zirconate
- Others
By Application
- Plastics & Composites
- Paints & Coatings
- Rubber
- Adhesives
- Metals
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Adhesion Promoters market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Adhesion Promoters Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the adhesion promoters market include Momentive Performance Materials Inc. (U.S.), Eastman Chemical Company (U.S.), Dow Corning Corporation (U.S.), BASF SE (Germany), Arkema SA (France), Evonik Industries AG (Germany), ALTANA AG (Germany), Air Products and Chemicals, Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), and AkzoNobel NV (Netherlands). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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