Adhesion Promoters Market Size (2024 - 2029)

The adhesion promoters market is projected to experience growth, driven by increased use in the packaging and electrical and electronics sectors. However, environmental concerns may pose challenges to this expansion. Opportunities are anticipated in the development of silane-based green tires. The Asia-Pacific region leads in market consumption, with significant demand from China and India.

Market Size of Adhesion Promoters Industry

Adhesion Promoters Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR < 3.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Adhesion Promoters Market Major Players

*Disclaimer: Major Players sorted in no particular order

Adhesion Promoters Market Analysis

The market for adhesion promoters is expected to expand at a CAGR of around 3% during the forecast period. Major factors driving the market studied are the increasing usage in the packaging sector, increasing applications in the electrical and electronics industry. Negative environmental effect is expected to hinder the growth of the market studied.

  • Growing emphasis on the development of silane-based green tires is likely to act as an opportunity in the future.
  • Asia-Pacific dominated the market across the globe with the largest consumption from the countries such as China and India.

Adhesion Promoters Industry Segmentation

The adhesion promoters market report include:

Type
Silane
Maleic Anhydride
Titanate and Zirconate
Chlorinated Polyolefins
Non-chlorinated Polyolefins
Others
Application
Plastics & Composites
Paints & Coatings
Rubber
Adhesive
Metal Substrate
Others
End-User Industry
Automotive and Transportation
Electrical & Electronics
Packaging
Consumer Goods
Construction & Others
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Iran
United Arab Emirates
South Africa
Rest of Middle East & Africa
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Adhesion Promoters Market Size Summary

The adhesion promoters market is poised for moderate growth, driven by increasing applications in the packaging and electrical and electronics sectors. These promoters play a crucial role in enhancing the adhesion of coatings to substrates, which is vital for achieving desired qualities such as durability, aesthetics, and corrosion resistance. The market is characterized by the presence of various types of adhesion promoters, including silanes and chlorinated polyolefins, each tailored for specific applications like automotive, packaging, and paper. Despite the positive growth trajectory, environmental concerns pose challenges to market expansion. However, the development of silane-based green tires presents a potential opportunity for future growth.

Regionally, Asia-Pacific leads the market, with China and India being significant consumers. The Chinese market, in particular, is influenced by the country's economic initiatives like "Made in China 2025," which aims to enhance industrial efficiency and product quality. This initiative, along with the rising demand for electronic devices, is expected to bolster the market for adhesion promoters. However, challenges such as a slowdown in the residential housing sector and potential declines in construction activities may impact demand. The global market is highly consolidated, with major players like Momentive, Evonik, Dow, and Shin Etsu dominating the silane-based segment, while other segments see competition from companies like Eastman Chemical Company and BASF SE.

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Adhesion Promoters Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Usage in the Packaging Sector

      2. 1.1.2 Increasing Applications in the Electrical and Electronics Industry

    2. 1.2 Restraints

      1. 1.2.1 Negative Environmental Effect

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Silane

      2. 2.1.2 Maleic Anhydride

      3. 2.1.3 Titanate and Zirconate

      4. 2.1.4 Chlorinated Polyolefins

      5. 2.1.5 Non-chlorinated Polyolefins

      6. 2.1.6 Others

    2. 2.2 Application

      1. 2.2.1 Plastics & Composites

      2. 2.2.2 Paints & Coatings

      3. 2.2.3 Rubber

      4. 2.2.4 Adhesive

      5. 2.2.5 Metal Substrate

      6. 2.2.6 Others

    3. 2.3 End-User Industry

      1. 2.3.1 Automotive and Transportation

      2. 2.3.2 Electrical & Electronics

      3. 2.3.3 Packaging

      4. 2.3.4 Consumer Goods

      5. 2.3.5 Construction & Others

    4. 2.4 Geography

      1. 2.4.1 Asia-Pacific

        1. 2.4.1.1 China

        2. 2.4.1.2 India

        3. 2.4.1.3 Japan

        4. 2.4.1.4 South Korea

        5. 2.4.1.5 Rest of Asia-Pacific

      2. 2.4.2 North America

        1. 2.4.2.1 United States

        2. 2.4.2.2 Canada

        3. 2.4.2.3 Mexico

        4. 2.4.2.4 Rest of North America

      3. 2.4.3 Europe

        1. 2.4.3.1 Germany

        2. 2.4.3.2 United Kingdom

        3. 2.4.3.3 Italy

        4. 2.4.3.4 France

        5. 2.4.3.5 Rest of Europe

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of South America

      5. 2.4.5 Middle East & Africa

        1. 2.4.5.1 Saudi Arabia

        2. 2.4.5.2 Iran

        3. 2.4.5.3 United Arab Emirates

        4. 2.4.5.4 South Africa

        5. 2.4.5.5 Rest of Middle East & Africa

Adhesion Promoters Market Size FAQs

The Adhesion Promoters Market is projected to register a CAGR of less than 3% during the forecast period (2024-2029)

Momentive, Evonik Industries AG, Shin Etsu Chemical Co. Ltd, Eastman Chemical Company and DOW are the major companies operating in the Adhesion Promoters Market.

Adhesion Promoters Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)