IMARC Group, a leading market research company, has recently releases report titled “Adhesion Promoter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global adhesion promoter market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Adhesion Promoter Market
An adhesion promoter is a vital chemical substance used to improve the adhesion or bonding strength between different materials or surfaces. It acts as an intermediary, creating a strong and stable bond between surfaces that might otherwise exhibit poor adhesion characteristics. It is essential in scenarios where materials with inherently different properties need to be joined together. It facilitates adhesion by creating a chemical or mechanical bond, ensuring better compatibility and increased cohesion between the surfaces. It is also used in the formulation of adhesives and sealants to improve bonding between substrates like metals, plastics, and composites.
How Big Is the Adhesion Promoter Market?
The global adhesion promoter market size reached US$ 3.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.07% during 2023-2028.
Global Industry Trends and Drivers:
At present, the increasing demand for adhesion promoters, as they enhance the bonding of the coating to the underlying substrate, preventing peeling, flaking, and corrosion, represents one of the primary factors supporting the growth of the market. Besides this, the rising utilization of adhesion promoters in composite materials for creating strong adhesion between the reinforcement fibers and the resin matrix is supporting the growth of the market. In addition, the increasing demand for printing inks for printing on strong adhesion between the reinforcement fibers and the resin matrix is contributing to the growth of the market. Apart from this, the rising adoption of adhesion promoters in the production of medical devices, where biocompatible coatings are applied to improve adhesion between materials, ensuring safe and reliable performance in medical applications, is bolstering the growth of the market.
What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Breakup by Type:
- Silane
- Maleic Anhydride
- Titanate and Zirconate
- Chlorinated Polyolefins
- Non-Chlorinated Polyolefins
- Others
Breakup by Form:
- Liquid Form
- Spray Form
Breakup by Application:
- Plastics and Composites
- Paints and Coatings
- Rubber
- Adhesive
- Metal Substrate
- Others
Breakup by End Use Industry:
- Automotive and Transportation
- Electrical and Electronics
- Packaging
- Consumer Goods
- Construction
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
The report provides a comprehensive analysis of the industry key players listed below:
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.
