Market Research Report
Global Adhesion Promoter Market Analysis, 2013-2023
|Published by||Market Krystal||Product code||725238|
|Published||Content info||120-150 Pages
Delivery time: 1-2 business days
|Global Adhesion Promoter Market Analysis, 2013-2023|
|Published: April 1, 2018||Content info: 120-150 Pages||
Adhesion promoter also known as coupling agent, is a substance used to strengthen the bond between the coating and the layer in which it has to be coated. It is basically a type of additive. Adhesion promoter are not applied on thick films rather they are applied on thinner films, the reason behind this is that it is easy to hold a light film as compare to a heavier one.
Adhesion promoter are used on surfaces which do not need any kind of treatment for example plastic, rubber. Adhesion promoter are used for printing, coating, bonding and laminating. Other than that, adhesion promoter is used in paints industry, packaging industry, automotive industry and construction industry. Adhesion promoter is used where long-lasting finish is required.
The report on the global adhesion promoter market reveals the existing market conditions through conducting both primary and secondary market research for more than 310 hours. The adhesion promoter market is now extensively spreading its influence across the global market. The value of the global adhesion promoter market in 2018 is estimated at US $ xxx million dollars which is expected to reach an outstanding market valuation of US $ xxx million dollars by the last quarter of 2023. This market is anticipated to grow annually at the rate of xx%.
Generally, adhesion promoter is classified into five categories namely, silane, maleic anhydride, chlorinated polyolefins, titanite, and zirconate. In the survey conducted for growth till 2023, Silane segment is the fastest growing segment as silane is a key form of adhesion promoter used in paints and coating, rubber and tire applications. Apart from that, silane is also used in automotive and construction industry. Maleic anhydride is the second most growing segment in this industry. Leaving the above two points, we can say that advancement in technology is one of the major reasons for the growth of adhesion promoter.
The main and only impediment for adhesion promoter is that it is not eco-friendly thus making it hazardous in some way or another. If we talk region wise, the adhesion promoter market can be segmented into North America, Latin America, Asia Pacific, Europe, Middle East and Africa. North America is said to bear the key shares for the forecast period that is 2017-2023. This is also stated that the demand for adhesion promoter will increase because of the automotive industry. Middle East and Africa will be the target market for the year 2017-2023 as there is high demand of the product in the packaging industry.
Momentive Performance Materials Inc (U.S), Eastman Chemical Company (U.S), Dow Corning Corporation (U.S), BASF SE(Germany), Arkema SA(France), Evonik Industries AG (Germany), ALTANA AG (Germany), Air Products and Chemicals Inc (U.S) and AkzoNobel NV(Netherlands) are the leading players in the market for adhesion promoter.
The research process includes the market segmentation of the global Adhesion promoter market, recognizing the factors influencing the growth affecting every market segment and then conducting market forecast. Market forecasts are conducted by considering the insights given by the industry experts in the global adhesion promoter market chain. Market Krystal hence dedicated around 42 interviews for this study and all the particulars pertaining to it are mentioned below:
By company type: Manufacturers (41%), Suppliers (19%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography: North America (25%), Asia (40%), Europe (35%)
By designation: Top level (50%), Operation level (25%), Mid-level (25%)