Adhesion promoters Market is valued at USD 3.42 Billion in 2019 and expected to reach USD 5.21 Billion by 2026 with the CAGR of 6.2% over the forecast period.
Brandessence Market Research is working on a new report title “Global Adhesion Promoters Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2020-2026- The increasing use of advanced composites and multilayer packaging in the plastic and composites industry are driving the growth of Global Adhesion Promoters Market.
Scope of Global Adhesion Promoters Market Report
Adhesion Promoter is also known as coupling agents, are materials that increase the adhesive strength of coatings, thereby strengthening the bond between the coating and substrate. Adhesion promoters are applied as thin film thickness. They are used in a wide range of applications such as paints and coatings. They are also used to improve the reliability of flat panel displays and semiconductors, and manufacture high performance rubbers and weather able paints. They are beneficial for low surface energy products and in extremely high and low-temperature environments.
Adhesion promoters market report is segmented on the basis of product, application, and region & country level. Based upon product, adhesion promoters market is classified into silane coupling agents, metallo-organic compound, modified high-molecular polymer and chlorinated polyolefins. Based upon type, adhesion promoters market is classified into coating and paint, ink, adhesive and others.
The regions covered in this adhesion promoters market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of adhesion promoters is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Adhesion promoters market report covers prominent players are BYK(ALTANA), EMS-CHEMIE, Air Products, Sartomer (Arkema), BASF, Eastman, Elementis, Worlée, Chemie, 3M, Evonik, Huntsman, Dow, Momentive, HD MicroSystems, Akzo Nobel, OM Group, Allnex, SEM, Huaxia Chemicals, Fusheng Paint Additives, Yangzhou Lida Resin, Nanxiong Santol Chemical, Deshang Chemical, Henan Seeway, Capatue Chemical and others.
News-
Nouryon Launched a More Sustainable Ingredient for the Asphalt Market
April 11th, 2019; Nouryon (formerly AkzoNobel Specialty Chemicals) expanded its offering for the asphalt market with Wetfix G400, a versatile non-amine adhesion promoter derived from renewable resources. Wetfix G400 meets customers’ needs for a more sustainable alternative that maintains asphalt mixture performance and durability. Because it is derived mainly from castor oil which comes from renewable resources, it is more sustainable than conventional adhesion promoters. Also, it is exceptionally low odor, which improves the working condition for personnel involved in production and paving of asphalt mixes.
Global Adhesion Promoters Market Dynamics–
Increasing demand for plastics & composites, paints & coatings, and rubber due to growing infrastructural projects is expected to drive the market growth within the forecast period. According to Statistics & Planning Department Rubber Board, Natural Rubber (NR) production in the country during 2018-19 was 651,000 tonnes registered a negative growth of 6.2% compared to a slight positive growth of 0.4% during the previous year. Additionally, growing demand for adhesion promoters in the paints and coatings application in the automotive and construction sectors is also supplementing the market growth. According to Construction Statistics for 2020 report, on $992 billion dollars, 77% of construction spending occurred in the private sector in 2018. However, environmental concerns related to some adhesion promoters and stringent rules and statutory norms by governments may hamper the market growth.
Global Adhesion Promoters Market Regional Analysis–
The Asia Pacific is expected to dominate the global adhesion promoters market with the potential rate due to increasing number of players’ entry with varied service offerings in this region. In addition, increasing construction activities and rising disposable income are also expected to foster the market growth in this region within the forecast period. North America is expected to witness the significant growth market over the forecast period due to the growing number of infrastructural projects in this region.
By Product: Silane Coupling Agents, Metallo-organic Compound, Modified High-molecular Polymer, Chlorinated Polyolefin
By Application: Coating and Paint, Ink, Adhesive, Others
Regional & Country Analysis
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Key Benefits for Global Adhesion Promoters Market Report–
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