Market Overview:
The adhesion promoter market was
valued at USD 3.12 billion in 2018 and is expected to grow at CAGR of over 6%
during the forecast period, 2019–2025. Adhesion promoters, also known as coupling
agents, are the chemicals that act at the interface between an organic polymer
and an inorganic surface to enhance adhesion between the two materials. It
works in either of the three ways, that is, as a primer between the substrate
and coatings, as a primer between coatings layers, or as an additive in
the formulation of paint & coatings, polymers, inks, and rubbers, among
others. Adhesion promoters are beneficial for low surface energy products
and in extremely high and low-temperature environments. Various types of
adhesion promoters commonly available in the market are silanes, maleic
anhydride, chlorinated polyolefins, and titanate & zirconate.
Market Segmentation
The global adhesion promoter market is segmented based on
form, type, application, end-use industry, and region.
Based on the form, the global adhesion promoter market is
segmented into liquid form and spray form. Spray forms of adhesion promoter are
expected to show rising demand in automotive, construction, and aerospace industry
owing to its ease of handling over the forecast period.
Based on the type, the global adhesion promoter market is
segmented into silanes, maleic anhydride, chlorinated polyolefins, titanate
& zirconate, and others. Silanes are expected to lead the global adhesion
promoter market under type category due to growing application in paints &
coatings, rubber, and plastic & composites. However, maleic anhydride is
also expected to show rising demand during the forecast period 2018-2023.
Based on the application, the global adhesion promoter market
is segmented into plastic & composite, paints & coatings, ink, rubber,
metals, glass, and others. Plastic and composites are expected to drive the
global adhesion promoter market under application category due to growing use
in the construction industry.
Based on the end-user industry, the global adhesion promoter
market is segmented into construction, automotive, aerospace, paints &
coating, packaging, and others. The construction industry is expected to have
the major end-use application of adhesion promoter and is expected to lead the
market during the forecast period.
Competitive Analysis
·
Arkema
SA
·
Air
Products and Chemicals, Inc.
·
DowDuPont
Inc.
·
AkzoNobel
NV
·
Evonik
Industries AG
·
BASF
SE
·
Bodo
Möller Chemie GmbH
·
Eastman
Chemical Company
·
Momentive
Performance Materials Inc.
·
Dow
Corning Corporation
·
3M
·
ALTANA
·
Rust-Oleum
Regional Analysis
The Adhesion Promoter Market is spanned across five regions namely Asia Pacific,
North America, Europe, Latin America, and the Middle East and Africa. Asia
Pacific is expected to be the major market for an adhesion promoter, followed
by Europe due to growing demand from the construction and automotive industry.
The Middle East & Africa is expected to show rising demand for adhesion
promoters due to growing construction industry. North America is expected to
show the steady demand for adhesion promoter over the forecast period. Latin
America is expected to show a moderate growth due to the ongoing constructions
activities in Brazil and Mexico.
Intended
Audience
- Adhesion
promoter manufacturers
- Traders
and distributors of adhesion promoter
- Research
and development institutes
- Potential
investors
- Raw
material suppliers
- Nationalized
laboratory
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