Global adhesion promoter Market Overview (2022-2027)

Historical Market Size (2021): US$ 3.67 BillionForecast CAGR (2022-2027): 12%Forecast Market Size (2027): US$ 5.01 Billion

What are the growth prospects of the adhesion promoter Industry?

The global adhesion promoter market size reached US$ 3.67 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 5.01 Billion by 2027, exhibiting a growth rate (CAGR) of 5.12% during 2022-2027.

What is a adhesion promoter ?

Adhesion promoters, or coupling agents, enhance adhesion between organic polymers and inorganic layers by interacting with the intersection of the two. They act chemically and physically between organic-inorganic interfaces to bond these dissimilar materials together. Adhesion promoters increase the adhesive strength between a coating and a substrate. By using these agents, physical and chemical forces are altered at the interface, and a compatibility bridge is built between them to enlarge adhesion.

Adhesion promoters can prevent the bonds from being weakened by numerous environmental factors, including heat and moisture. To improve the adhesion of inorganic substrates, such as coatings, inks, adhesives, etc., to the substrate of interest, they are used to increase the reliability of semiconductors and manufacture high-performance polymers and rubbers.

Impact of COVID-19:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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What are the major market drivers in the Adhesion Promoter market ?

The growing demand for stronger polymers, composites and paints, and coatings in construction activities is primarily augmenting the adhesion promoter market. Furthermore, the expanding commercial real estate sector is positively influencing the global market.

Apart from this, the increasing utilization of plastics in the automotive industry to foster fuel savings by downsizing the overall car weight is acting as another significant growth-inducing factor.

Moreover, continuous innovations in advanced composites and multilayer packaging are also bolstering the market growth. Besides this, the rising need for semiconductors is further propelling the global market. Additionally, the inflating industrialization levels, easy availability of these agents across online and offline organized retail channels, and extensive investments in R&D activities conducted by key market players are expected to fuel the adhesion promoter market in the coming years.

Adhesion Promoter Market Report ScopeReport CoverageDetailsMarket size value in 2021US$ 3.67 BillionMarket forecast in 2027US$ 5.01 BillionGrowth RateCAGR of 5.12%  from 2022 to 2027Base year for estimation2021Historical data2016-2021Forecast period2022-2027Report coverageRevenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And TrendsSegments coveredType, Form, Application And End Use IndustryRegional scopeAsia Pacific, Europe, North America, Latin America, Middle East and AfricaKey companies profiled3M Company, Akzo Nobel N.V., Arkema S.A., Borica Co. Ltd., Eastman Chemical Company, Ems-Chemie Holding AG, Evonik Industries AG, Momentive Performance Materials Inc., Nagase America LLC (Nagase & Co. Ltd.), Nippon Paper Industries Co. Ltd., The Dow Chemical Company and Toyobo Co. Ltd.Market DynamicsParent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,Customization purviewIf our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

SilaneMaleic AnhydrideTitanate and ZirconateChlorinated PolyolefinsNon-Chlorinated PolyolefinsOthers

Breakup by Form:

Liquid FormSpray Form

Breakup by Application:

Plastics and CompositesPaints and CoatingsRubberAdhesiveMetal SubstrateOthers

Breakup by End Use Industry:

Automotive and TransportationElectrical and ElectronicsPackagingConsumer GoodsConstructionOthers

By Geography:

North America (United States, Canada)Europe (Germany, France, United Kingdom, Italy, Spain, Others)Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)Latin America (Brazil, Mexico, Others)Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

List of Major Key Players:

The major players in the market are

3M Company

Akzo Nobel N.V.

Arkema S.A.

Borica Co. Ltd.

Eastman Chemical Company

Ems-Chemie Holding AG

Evonik Industries AG

Momentive Performance Materials Inc

Nagase America LLC (Nagase & Co. Ltd.)

Nippon Paper Industries Co. Ltd.

The Dow Chemical Company

and Toyobo Co. Ltd.

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