Adhesion Promoters Market Growth, Market Insights and Forecast to 2025

Posted by rekha on November 20th, 2019

The Global Adhesion Promoters Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over next seven years 2019-2025 due to increasing application of adhesion promoters in printed circuit boards”

The global adhesion promoters market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Use of adhesion promoters in composites, application of adhesion promoters in printed circuit boards, innovation of silane-based green tires, development of multilayer packaging, increasing applications in the electrical and electronics industry, and growing automotive sector in the emerging regions are some major factors boosting the market growth. However, factors such as negative environmental impact of some adhesion promoters and strict legislations against chemical-based adhesion promoters.

Global adhesion promoters market segmented on the basis of type, application and region.

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Silane Dominate the Global Adhesion Promoters Market

Based on type, global adhesion promoters market segmented into Silane, Maleic Anhydride, Chlorinated Polyolefins, Titanate & Zirconate and Others.Silane held considerable market share during forecast period. Silane is a colorless, flammable and poisonous gas, with a strong repulsive odor. Silanes are a wide category of chemical compounds of silicon and other atoms such as carbon, nitrogen and hydrogen. Silanes are used in some fiberglass and composites to increase mechanical strength, and electrical properties. They have a wide range of use and are found in numerous applications. Silanes can greatly expand shear strength, wetting properties, mechanical properties, compression strength and wet electric properties when used in thermoplastic and thermosetting resin such as phenol aldehyde, polyester, epoxy, PST, and polyamide.

Asia Pacific Leads the Global Adhesion Promoters market

PBI’s global Adhesion Promoters market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis.Asia Pacific accounted for larger revenue share in global adhesion promoters market with considerable CAGR. The growth in this region is due to easy availability of raw materials & labor, presence of several players in the region and increasing demand for adhesion promoters in the paints and coatings application in the automotive and construction sectors. China is the major contributor for the growth of the market in the region as it is the largest manufacturer of automobiles in the world and increasing demand from end-user industries. North America held substantial market share during estimated period.

Strategic New Launches are the key strategies adopted by market players

Global Adhesion Promoters market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For Instance, Momentive Performance Materials Inc. launched SilGrip. PSA810 pressure sensitive adhesives. SilGrip PSA810 adhesive can deliver dramatically advanced high temperature adhesion and allow customers to manufacture improved tapes that will perform at the ever-increasing processing temperatures required for applications such as flame spray and PCB masking.

Key player’s profiles in the report are 3M (US), Air Products and ChemicalsInc. (US), AkzoNobel NV (Netherlands), ALTANA (Germany), Arkema SA (France), BASF SE (Germany), Bodo Möller Chemie GmbH (Germany), Dow Corning Corporation (US), DowDuPont (US), Eastman Chemical Company (US), Evonik Industries AG (Germany), Momentive Performance Materials Inc. (US) and Rust-Oleum (US).

Precision Business Insights (PBI) in its report titled “Global Adhesion Promoters Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.

Detailed Segmentation

 

By Type                     

o     Silane           

o     Maleic Anhydride    

o     Chlorinated Polyolefins       

o     Titanate & Zirconate

o     Others          

By Application                       

o     Plastics & Composites         

o     Paints & Coatings    

o     Rubber         

o     Adhesives    

o     Metals          

o     Others                                  

By Geography

o     North America

  • U.S
  • Canada

o     Europe

  • Germany
  • France
  • U.K
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

o     Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

o     Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

o     Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

For more information: https://www.precisionbusinessinsights.com/market-reports/global-adhesion-promoters-market/

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rekha

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rekha
Joined: July 26th, 2019
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