The Global Adhesion Promoter Market Size was valued at USD 3.12 billion in 2019 and is anticipated to increase at CAGR of across 6.3 % during the forecast period, 2020–2027.
Global Market Growth Opportunities (Revenue, Growth) By 2019-2027
Adhesion promoters, identified as coupling agents, are chemical agents that help to improve the adhesion between the two materials at the interface between an organic polymer and an inorganic surface. This role is performing, and others, in the formulation of paints & coatings, and polymers, inks, and rubbers, as the first between the substrates and the layers of the coating or as the additive. Adhesion promoters are useful for energy products on low surfaces and conditions with high and low temperatures. Titanates & zirconates, maleic anhydride, chlorinated polyolefins, non-chlorinated polyolefins, and silanes are widely easily accessible on the market for a variety of adhesion promoters.
This analysis of the global market research report provides a detailed insight into the global adhesion promoter market and other vital information about the various trends, drivers, constraints, opportunities, and threats in the target market by 2026. The report provides comprehensive and informative data on the various key market participants, their budgets, the supply chain dynamics, technological innovations, key technologies, as well as future strategies, acquisitions, and mergers and market presence. The global adhesion promoter market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Based on Application, the market segment is classifying into plastics & composites, paints & coatings, rubber, adhesive, and metal substrate. The adhesion promoter factor increases the adhesion of the film by its proximity to the surface and the liquid coating. Wetting of the liquid coating to the surface is a crucial factor. Proper adhesion depends not only on the selection of adhesion promoter in the formulation of paints and coatings but also on a variety of other variables that affect adhesion, such as paint formulation, as wetting of the material is a key factor, application conditions, curing and aging of the environment. In the sector of coatings, the norm defines adhesive strength. Adhesion itself has a massive effect on many other factors, such as longevity, aesthetics, and corrosion resistance. On either hand, the film is exposing to different forces that may degrade it, such as mechanical degradation, thermal degradation, and chemical degradation Paints and coatings paired with adhesion promoters can enable the film to resist and maintain its optical properties. There are numerous adherence promoters, such as silanes, polyolefin chlorinated, and others, each of which has its properties, adapting them to different applications, such as vehicles, packages, and paper, thereby growing consumer demand throughout the forecast period.
Among all applications, the plastics & composites segment had the best network for adhesion promoters. The application segment is expected to increase to the maximum CAGR between 2020 and 2027. This rise is mainly due to the growing demand for adhesion promoters in the automotive, packaging, and wire & cable end-use industries.
Based on Type, the market segment is dividing into Titanates & zirconates, maleic anhydride, chlorinated polyolefins, non-chlorinated polyolefins, and silanes. The silane segment is the highest section of the global market for adhesion promoters due to the high demand for materials such as plastics & composites, paints & coatings, rubber, adhesives, and metals. In paints & coating, rubber, and pneumatic applications silane is the largest adhesion promoter. In regards, silane is using in the automotive and construction sectors. Maleic anhydride is the second most widely used type of adhesion promoter to be used in the plastics and composites, packaging, automotive, wire and cable, and recycling sectors.
The global adhesion promoter market is dividing into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In the global adhesion promoter, Asia Pacific is the leading participant and is anticipated to proceed to rise in the timeframe foreseen. The increased competition for plastics & composites, paints & coatings, and rubber in the construction sector is mainly driving the product market in the region. The automotive sector is also supposed to drive the requirement for adhesion promoters due to the increasing applications in paints & coatings, tire labeling. Also, the increasing packaging sector is anticipated to fuel the growth of this market in the coming years. Europe is another major adhesion promoter, and it is anticipating that the forecasting period will see considerable growth. The strong automotive and microelectronics sectors in Germany mainly contribute to the growth of the consumer market. The construction and restoration sector is also helping the growth of the product market in the country.
Global Adhesion Promoter Market Size, Share Analysis, By Region 2019-2027
Global Adhesion Promoter Market Study Objective
To forecast the market size of the adhesion promoter market in terms of quantity and income as well as market possibilities for shareholders, along with defining and identifying the market, in order to provide a competitive landscape for worldwide market players.
Adhesion promoter market analysis and forecast based on region, substratum, and implementation or end-use industries. Profiling significant market players and comprehensively analyzing their market stocks and vital skills.
To evaluate and elaborate important variables that will have an important effect on edge analytics market growth, such as drivers, constraints, difficulties, and prospects.
Adhesion promoter market regional assessment to stimulate the size of the market of five main worldwide areas, including Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
Strategic assessment of micro markets in terms of individual prospects, possibilities, trends in development and general market participation.
To provide a detailed examination of competitive and strategic trends on the adhesion promoter market such as a fresh product launch, partnership & contract, investment & development, and mergers & acquisitions of companies.
Key Players Landscape
BASF SE, Bodo Möller Chemie GmbH, Eastman Chemical Company, Arkema SA, Air Products and Chemicals, Inc., DowDuPont, AkzoNobel NV, Evonik Industries AG, Momentive Performance Materials Inc., Dow Corning Corporation, 3M, ALTANA, Rust-Oleum, and others are some of the key players in the market of adhesion promoter. These businesses have taken various development approaches in order to enhance their business situation. The main growth policies taken by these teams to improve their products' and global existence to satisfy the increasing supply from developing economy bubbles officials are expansion, fresh brand creation, fusion & procurement and cooperation.
Global Adhesion Promoter Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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