Global Adhesion Promoters Market Report

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Product Overview Adhesion promoters are the coupling agents that function as the interface between an inorganic surface and an organic polymer to improve the adhesion between the two materials.

New York, May 17, 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of Global Adhesion Promoter Market Report – https://www.reportlinker.com/p06276438/?utm_source=GNW
This chemical increases the adhesive strength of coatings by strengthening the bond between the substrate and the coating. The adhesion parameter works in one of three ways, as a primer between coating layers, a primer between substrate and coatings, or as an additive in the preparation of paints and coatings, rubbers, inks and polymers, among others. They are used in extremely high and low temperature environments, low surface energy products and a wide range of applications such as paints and coatings. This material also facilitates the manufacture of weather resistant paints and high performance rubbers and also improves the reliability of semiconductors and flat panel displays.

Market Highlights
The global adhesion promoters market is expected to project a notable CAGR of 5.4% in 2030.
The Global Membership Promoters Market will reach USD 4.91 Billion by 2030, from USD 2.84 Billion in 2020 at a CAGR of 5.4% in future years, i.e., 2021- 30. The global Adhesion Market is predicted to witness lucrative growth opportunities in the coming years. This growth is attributed to the increasing use of the material in the automotive sector and the electrical and electronics industry, the growing public interest in environmentally friendly products and the increasing application in the automotive industry. ‘packaging. Mergers and acquisitions, technological advancements, and consistent research and development activities are some of the few strategies chosen by major market players.

Global Adhesion Promoters Market: Segments
Plastics & Composites Segment Expected to Grow with Highest CAGR in 2020-30

The global adhesion promoters market is split by application into plastics & composites, paints & coatings, rubbers, adhesives, metals and others. Among these, plastics & composites segment held the largest market share of 33.4% in 2020. According to Fatpos global analysis, plastics & composites is the most dominant segment and hence is expected to grow at a CAGR 5.4% over the forecast period. These materials are mainly used in the manufacture of precision engineered products, due to their beneficial properties which include chemical resistance, flexibility and light weight. The growth of the segment is attributed to the increasing consumption of plastics in the automotive industry, which leads to fuel savings by reducing the overall weight of cars.

Silanes Segment Expected to Grow with Highest CAGR in 2020-30

The global adhesion promoters market is split by type into silane, maleic anhydride, chlorinated polyolefins, titanate and zirconate, and others. Among these, the silane segment held the largest market share of 40.4% in 2020. According to Fatpos global analysis, silane is the most dominant segment and hence is expected to grow at a CAGR of 5, 4% over the forecast period. Silane is the most widely used adhesion promoter due to its commendable chemical properties. It is used for ultra hydrophobic treatments in epoxy, urethane and acrylic systems. The prices of Titanate and Zirconate Silanes are higher, resulting in a greater revenue mix versus volume mix.

Building & Construction Segment Expected to Grow with Highest CAGR in 2020-30

The global adhesion promoters market is split by end-user into building & construction, automotive & transportation, packaging, electronics, and others. Among these, building & construction segment held the largest market share in 2020. According to Fatpos global analysis, building & construction is the most dominant segment and hence is expected to grow at a CAGR of 5.4% over the forecast period. . Building & construction and packaging are price-sensitive markets, while automotive and electronics use higher ASP products.

Market dynamics
Drivers
Strong demand in the automotive industry

The demand for adhesion promoters is increasing in the automotive industry to improve the adhesion of inks on tire labeling and the resistance of paints and coatings on automotive parts and components is expected to drive the demand for adhesion promoters in coming years. Additionally, developments and innovations in advanced multi-layer packaging and advanced composites have led to an increase in the demand for adhesion promoters in the plastics and composites industry. The growth of the market is driven by the increasing consumption of plastics in the automotive industry which is integrated to reduce the overall weight of the car and promote fuel efficiency.

Proliferating application in the paints and coatings industry

The adhesion promoter improves the adhesion of the film by its affinity with the liquid coating and the substrate. Wetting the liquid coating onto the substrate is a crucial process in the coatings industry. Also, the application of the adhesion promoter as a paint additive is expected to accelerate its demand in the paint industry. Adhesion promoters mixed into paints and coatings help the film retain its functional and optical properties. Paint formulation, application conditions, aging atmosphere and curing are some factors that influence adhesion, while perfect adhesion also depends on the choice of adhesion promoter in paint formulations and of coatings. Silanes, chlorinated polyolefins and others are the type of adhesion promoters whose properties are used in various applications such as packaging, automotive and paper, further increasing the demand for the products in the coming years.

Detention
Environmental concerns

Adhesion promoters have a negative impact on the environment in terms of VOC contribution, which has led governments to impose strict rules and statutory standards hampering the growth of the global market. Additionally, the underdeveloped recycling industry in developing and underdeveloped economies is inhibiting the growth of the global adhesion promoters market.

Global Adhesion Promoters Market: Key Players
3M

Company overview, business strategy, key product offerings, financial performance, key performance indicators, risk analysis, recent development, regional presence, SWOT analysis

Air Products and Chemicals, Inc.
AkzoNobel SA
ALTANA
Arkema S.A.
BASF SE
DowDuPont
Eastman Chemical Company
Evonik Industries SA
Mitsubishi Chemicals
Mitsui Chemicals
TOYOBO CO. LTD.
Other top players
Global Adhesion Promoters Market: Regions
The global adhesion promoter market is segmented on the basis of regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. According to our estimates, the Asia Pacific membership promoter market is valued at $0.87 billion in 2020 and is expected to grow at a CAGR of 5.4% during the forecast period 2021-2030. Asia-Pacific dominates the global membership promoter market and is expected to continue dominating the market throughout the forecast period. Growing demand for paints and coatings, plastics and composites, and rubber in the construction industry is driving the demand for adhesion promoters in the region. The growing application of the product in tire labeling and paints and coatings in the automotive industry is also fueling the market growth in the region. Economic growth is also one of the major growth drivers of the market as it has necessitated the requirement of institutional and commercial infrastructure spaces. Various global market players are establishing their manufacturing base in the region owing to the easy availability of labor and raw materials.

The Global Adhesion Promoters Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, YOY Growth, CAGR – US & Canada

Latin America Market size, share, trends, opportunities, annual growth, CAGR – Mexico, Argentina, Brazil and rest of Latin America
European Market Size, Share, Trends, Opportunities, YOY Growth, CAGR – UK, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Market Size, Share, Trends, Opportunities, YoY Growth, CAGR of Asia-Pacific Market – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, YOY Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
The Global Adhesion Promoters Market Report Also Contains Analysis On:
Membership Promoter Market Segments:

By request

Plastics and composites
Paints and coatings
Rubber
Adhesives
Metals
Others
By type
silane
maleic anhydride
Chlorinated polyolefins
Titanate & Zirconate
Others
Per end user
Building construction
Automotive and transportation
Packaging
Electronic
Others
By form
Liquid
Spray forms
adhesion promoter Market dynamics
Membership Promoter Market Size
Offer and demand
Current market trends/issues/challenges
Competition and companies involved in the market
Market value chain
Market drivers and restraints
Read the full report: https://www.reportlinker.com/p06276438/?utm_source=GNW

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